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  September 5, 2001
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Home > Company Index > Transportation > Shipping > MC Shipping, Inc.

MC Shipping, Inc.
AMEX: MCX
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 PROFILE
MC Shipping knows the rap when it comes to ocean freight transportation. The company operates 15 ships internationally, focusing on the purchase, operation, and sale of used vessels. To focus on its LPG (liquid petroleum gas) carriers and its containerships, the company has sold off many of its multipurpose carriers and plans to divest all of those operations. Each of its ships is owned by a separate subsidiary of the company. The vessels are generally leased on a time charter basis (several are leased to shipping giant Maersk Sealand), but they are also available for bareboat (meaning the lessee provides its own crew) or spot charters. Monaco-based Vlasov Group owns almost 50% of MC Shipping.

 COMPETITION
OMI Corporation (OMM)
Teekay Shipping Corporation (TK)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 59.50
1-Yr. Sales Growth: 8.6%

 KEY PEOPLE
• Mauro Terrevazzi
    CEO
• Dominique Sergent
    CFO

 CONTACT INFO
Richmond House, 12 Par-la-ville Rd.
Hamilton HM CX, Bermuda
Phone: 1-441-295-7933
Fax: 1-441-292-0865
Online: Web Site

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