| Business Summary | | B&H
Ocean
Carriers
Ltd.
is
engaged
in
investing,
owning,
operating
and
selling
vessels
for
dry
bulk
and
liquid
cargo
transportation.
Bulk
carriers
are
single-deck
ocean-going
vessels
generally
used
to
transport
iron
ore,
coal,
grain,
bauxite,
phosphate,
sugar,
steel,
products
and
other
dry
bulk
commodities.
Product
tankers
are
single-deck
ocean-going
vessels
designed
to
carry
simultaneously
a
number
of
segregated
liquid
bulk
commodities,
such
as
refined
petroleum
products,
vegetable
oils,
caustic
soda
and
molasses.
As
of
December
31,
1999,
the
Company
owned
ten
product
tankers
including
six
chemical/product
tankers,
one
bulk
carrier,
and
a
50%
interest
in
a
second
bulk
carrier. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | B&H
Ocean
Carriers
Ltd.
is
engaged
in
the
business
of
investing
in,
owning,
operating
and
selling
bulk
carriers
and
product
tankers.
BHO
currently
owns
and
operates
10
tankers
and
one
bulk
carrier,
and
has
a
50%
interest
in
a
second
bulk
carrier.
For
the
fiscal
year
ended
12/31/00,
revenues
rose
17%
to
$53
million.
Net
loss
before
extraordinary
item
fell
5%
to
$17.1
million.
Revenues
reflect
acquisitions
of
vessels.
Lower
loss
reflects
a
decreased
loss
on
the
sale
of
vessels. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Michael Hudner, 53 | Chairman,
Pres and CEO | R. Anthony Dalzell, 55 | CFO
and Treasurer | Trevor Williams, 57 | VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|