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American Shipping Company AMSC 1 month +75.76%


56299 fcras 29/4 2012 13:24
Oversigt

American Shipping Company is a U.S. shipping company with focus on building the premier ownership position in the Jones Act market.

The company business model is to own and bareboat charter vessels for operation in the U.S. Jones Act market through its wholly owned subsidiary leasing companies. The corporate structure of American Shipping Company, through its operating subsidiaries in the United States, is in conformance with the applicable requirements of the Jones Act. All of its vessels are fully qualified to participate in the domestic maritime trades of the United States.

American Shipping Company's principal competitive advantage is obtained through its exclusive relationship with Aker Philadelphia Shipyard***

The company's secondary competitive advantage is to have the newest and most modern vessels on the market before any other new tonnage becomes available, providing American Shipping Company with a significant "first to market" advantage in the petroleum product transportation market.

American Shipping Company is headquartered in Oslo, Norway, with its principal operating subsidiary located in Philadelphia, Pennsylvania, USA.

http://www.americanshippingco.com/

***
Aker Philadelphia Shipyard (AKPS.OL)
http://www.akerphiladelphia.com/
http://www.oslobors.no/markedsaktivitet/stockOverview?newt__ticker=AKPS

AMSC.OL

AMSC.OL




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