O M I CP (NYSE:OMM)
Historical Stock Chart
From Sep 2019 to Sep 2024
OMI Corporation (NYSE:OMM) of Stamford, Connecticut announced today that
its Board of Directors has increased the regular quarterly dividend on
its common stock to $0.14 per share, and declared a dividend in that
amount payable on January 8, 2007 to holders of record on December 28,
2006. This was the third increase in the dividend made in 2006.
The Company also announced that the Board of Directors had authorized
repurchase of up to an additional $140 million of shares of its common
stock. This brings the share repurchase authorization to approximately
$169 million. The Company has repurchased approximately 9 million shares
during 2006 and has 63.2 million shares outstanding.
OMI Corporation is a major international owner and operator of tankers.
Its fleet aggregates approximately 3.5 million deadweight tons and
comprises 13 Suezmax tankers (7 of which it owns and 6 of which are
chartered-in) and 34 product carriers (of which it owns 32 and
charters-in 2). Four of its product carriers are under contract to be
sold, with two of the four to be chartered back.
Name of Vessel
Type of Vessel
YearBuilt
Dwt
CharterExpiration
CRUDE OIL FLEET:
Wholly-Owned:
ARLENE
Suezmax
2003
165,293
SPOT
INGEBORG
Suezmax
2003
165,293
Aug-09
DELAWARE
Suezmax
2002
159,452
May-12
(P)
DAKOTA
Suezmax
2002
159,435
SPOT
ADAIR
Suezmax
2003
159,199
Aug-09
ANGELICA
Suezmax
2004
159,106
SPOT
JANET
Suezmax
2004
159,100
SPOT
1,126,878
Time chartered-in and expiration of charter:
HS ALCINA (June 2011)
Suezmax
2001
160,183
SPOT
CAPE BANTRY (Sept. 2011)
Suezmax
2000
159,999
SPOT
CAPE BASTIA (June 2012)
Suezmax
2005
159,156
Mar-09
CAPE BONNY (Sept. 2012)
Suezmax
2005
159,062
May-10
OLIVER JACOB (Sept. 2010)
Suezmax
1999
157,327
SPOT
MAX JACOB (Dec. 2009)
Suezmax
2000
157,327
May-12
(P)
953,054
Total Crude Oil Fleet
2,079,932
Name of Vessel
Type of Vessel
YearBuilt
Dwt
CharterExpiration
CLEAN FLEET:
Wholly-Owned:
NECHES
Handymax
2000
47,052
Oct-10
SAN JACINTO
Handymax
2002
47,038
Apr-08
MOSELLE
Handymax
2003
47,037
Feb-09
GUADALUPE
Handymax
2000
47,037
Apr-08
AMAZON
Handymax
2002
47,037
Apr-08
THAMES
Handymax
2005
47,036
Oct-07
ROSETTA
Handymax
2003
47,015
Mar-09
PLATTE
Handymax
2006
46,955
Jun-09
LAUREN
Handymax
2005
46,955
Dec-07
(P)
JEANETTE
Handymax
2004
46,955
Feb-08
(P)
HORIZON
Handymax
2004
46,955
Dec-08
KANSAS
Handymax
2006
46,922
Apr-09
(P)
REPUBLICAN
Handymax
2006
46,893
May-09
(P)
WABASH
Handymax
2006
46,893
Mar-08
(P)
BRAZOS
Handymax
2005
46,889
Dec-08
RUBY
Handysize
2004
37,384
SPOT
ORONTES
Handysize
2002
37,383
May-10
OHIO
Handysize
2001
37,278
May-10
GARONNE
Handysize
2004
37,278
Apr-09
(P)
ASHLEY
Handysize
2001
37,270
SPOT
MARNE
Handysize
2001
37,230
SPOT
GANGES
Handysize
2004
37,178
SPOT
LOIRE
Handysize
2004
37,106
Feb-09
(P)
FOX
Handysize
2005
37,006
May-10
(P)
RHINE
Handysize
2006
36,993
Sep-08
(P)
TEVERE
Handysize
2005
36,990
Jul-10
(P)
SAONE
Handysize
2004
36,986
Jul-09
(P)
TRINITY
Handysize
2000
35,834
Mar-10
MADISON
Handysize
2000
35,828
Mar-10
RHONE
Handysize
2000
35,775
May-07
(P)
CHARENTE
Handysize
2001
35,751
Sep-08
(P)
SEINE
Handysize
1999
35,407
Aug-08
1,329,346
Bareboat chartered-in
and charter expiration:
TAMAR (July 2010)
Panamax
2003
70,362
Jul-08
OTTAWA (April 2010)
Panamax
2003
70,297
Apr-08
140,659
Total Clean Fleet
1,470,005
Total Current Fleet
3,549,937
(P): Time Charters with Profit Sharing
OMI Corporation (NYSE:OMM) of Stamford, Connecticut announced
today that its Board of Directors has increased the regular quarterly
dividend on its common stock to $0.14 per share, and declared a
dividend in that amount payable on January 8, 2007 to holders of
record on December 28, 2006. This was the third increase in the
dividend made in 2006.
The Company also announced that the Board of Directors had
authorized repurchase of up to an additional $140 million of shares of
its common stock. This brings the share repurchase authorization to
approximately $169 million. The Company has repurchased approximately
9 million shares during 2006 and has 63.2 million shares outstanding.
OMI Corporation is a major international owner and operator of
tankers. Its fleet aggregates approximately 3.5 million deadweight
tons and comprises 13 Suezmax tankers (7 of which it owns and 6 of
which are chartered-in) and 34 product carriers (of which it owns 32
and charters-in 2). Four of its product carriers are under contract to
be sold, with two of the four to be chartered back.
-0-
*T
Type of Year Charter
Name of Vessel Vessel Built Dwt Expiration
------------------------- -------- -------- ---------- ----------
CRUDE OIL FLEET:
-------------------------
Wholly-Owned:
-------------------------
ARLENE Suezmax 2003 165,293 SPOT
INGEBORG Suezmax 2003 165,293 Aug-09
DELAWARE Suezmax 2002 159,452 May-12 (P)
DAKOTA Suezmax 2002 159,435 SPOT
ADAIR Suezmax 2003 159,199 Aug-09
ANGELICA Suezmax 2004 159,106 SPOT
JANET Suezmax 2004 159,100 SPOT
----------
1,126,878
----------
Time chartered-in and
expiration of charter:
-------------------------
HS ALCINA (June 2011) Suezmax 2001 160,183 SPOT
CAPE BANTRY (Sept. 2011) Suezmax 2000 159,999 SPOT
CAPE BASTIA (June 2012) Suezmax 2005 159,156 Mar-09
CAPE BONNY (Sept. 2012) Suezmax 2005 159,062 May-10
OLIVER JACOB (Sept. 2010) Suezmax 1999 157,327 SPOT
MAX JACOB (Dec. 2009) Suezmax 2000 157,327 May-12 (P)
----------
953,054
----------
Total Crude Oil Fleet 2,079,932
----------
*T
-0-
*T
Type of Year Charter
Name of Vessel Vessel Built Dwt Expiration
------------------------ ---------- ------- ---------- ----------
CLEAN FLEET:
------------------------
Wholly-Owned:
------------------------
NECHES Handymax 2000 47,052 Oct-10
SAN JACINTO Handymax 2002 47,038 Apr-08
MOSELLE Handymax 2003 47,037 Feb-09
GUADALUPE Handymax 2000 47,037 Apr-08
AMAZON Handymax 2002 47,037 Apr-08
THAMES Handymax 2005 47,036 Oct-07
ROSETTA Handymax 2003 47,015 Mar-09
PLATTE Handymax 2006 46,955 Jun-09
LAUREN Handymax 2005 46,955 Dec-07 (P)
JEANETTE Handymax 2004 46,955 Feb-08 (P)
HORIZON Handymax 2004 46,955 Dec-08
KANSAS Handymax 2006 46,922 Apr-09 (P)
REPUBLICAN Handymax 2006 46,893 May-09 (P)
WABASH Handymax 2006 46,893 Mar-08 (P)
BRAZOS Handymax 2005 46,889 Dec-08
RUBY Handysize 2004 37,384 SPOT
ORONTES Handysize 2002 37,383 May-10
OHIO Handysize 2001 37,278 May-10
GARONNE Handysize 2004 37,278 Apr-09 (P)
ASHLEY Handysize 2001 37,270 SPOT
MARNE Handysize 2001 37,230 SPOT
GANGES Handysize 2004 37,178 SPOT
LOIRE Handysize 2004 37,106 Feb-09 (P)
FOX Handysize 2005 37,006 May-10 (P)
RHINE Handysize 2006 36,993 Sep-08 (P)
TEVERE Handysize 2005 36,990 Jul-10 (P)
SAONE Handysize 2004 36,986 Jul-09 (P)
TRINITY Handysize 2000 35,834 Mar-10
MADISON Handysize 2000 35,828 Mar-10
RHONE Handysize 2000 35,775 May-07 (P)
CHARENTE Handysize 2001 35,751 Sep-08 (P)
SEINE Handysize 1999 35,407 Aug-08
----------
1,329,346
----------
Bareboat chartered-in
and charter expiration:
------------------------
TAMAR (July 2010) Panamax 2003 70,362 Jul-08
OTTAWA (April 2010) Panamax 2003 70,297 Apr-08
----------
140,659
----------
Total Clean Fleet 1,470,005
----------
Total Current Fleet 3,549,937
----------
(P): Time Charters with Profit Sharing
*T