Year

Fleet owned (dwt) (000)

Remarks

Year

Fleet owned (dwt) (000)

Remarks

1966

established

2004

32 ships, 1.69 m

-

1969

16 (one tanker)

Crude oil

2006 end

1.79 m 27 ships; ordered 6 × 52 (312) chemical tankers

Entry to chemical tankers

1981

210 (7 product tankers)

Dirty oil products

2007

~320 (4 Panamax) ordered

Product carriers

1983 (a shipbuilding program)

149.5 ordered (5)

Product carriers

2008-mid

1.79 m

1986

(technology syndrome)

Double-hull of 46 each, ordered

3 - 4 years before USA law-oil pollution act-1990!

2009

shipbuilding turned to LPGs with 35 k cbm

LPG

1989

19 (12 d.h. & 7 s.h.) ordered

Product carriers

2011

3 LR1 tankers ordered

1992

1.17 m (450, 15 handy & 9 Panamax 720, p. c.d.h.)

1993 bond issue $140 m maturing 2003

2013

44.5 cbm ordered

(1 LPG 20.5 cbm & 2 × 12 cbm).

Another bond issue of $300 m maturing 2022

1999

152 (2 used tankers of 76 each) bought

2nd hand

2014 May

1.90 m

-

2000

~265 (2 p.c. Panamax +

1 Aframax 105 for the 1st time) ordered

15.14 m mt transport of oil products

2015, received 12 cbm LPG/LEG, 4 Aframax × (~400 k) and 4 × 12 cbm.

1.93 m of 29 ships; 15 chemical tankers of 305,940 cbm

Double hull

2001

211 ordered; (2 × 105.5)

Owned 1.13 m in Sept. 2001

Deaths in 2001, 2003, 2012, opened the door to company’s 2nd generation

EL got rid early of single hull tankers

Source: company’s booklet 2001 and internet site