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Home > Company Index > Transportation > Shipping > Stelmar Shipping Ltd.

Stelmar Shipping Ltd.
NYSE: SJH
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 PROFILE
Stelmar Shipping seeks to be a stellar shipping company. The company owns and operates 22 oil tankers, and it has ordered four more, which will bring Stelmar's fleet capacity to about 1.5 million deadweight tons. The company has served major oil multinationals, including BP and Royal Dutch/Shell, as well as other shippers and state-owned oil producers. Most of its customers are involved in long-term charters (74% of revenues) ranging from one to seven years. Magnate Stelios Haji-Iaonnou, founder of cut-price airline easyJet and other easyGroup companies, established Stelmar Shipping in 1992. Haji-Iaonnou and his family control 35% of Stelmar Shipping.

 COMPETITION
Frontline Ltd. (FRONY)
OMI Corporation (OMM)
Teekay Shipping Corporation (TK)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 68.60
1-Yr. Sales Growth: 0.1%
Employees: 300
Revenue per employee: $228,666.67

 KEY PEOPLE
• Peter Goodfellow
    CEO
• Stamatis Molaris
    CFO

 CONTACT INFO
Status Ctr., 2A Areos St.
16671 Athens, Greece
Phone: 30-196-0001
Fax: 30-196-0150
Online: Web Site

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