O57 - Omega Navigation Enterprises

Omega Navigation Enterprises1, Inc. (Omega) is engaged in the ocean transportation services of dry cargo products, and crude and refined petroleum products. The Company owns and operates a fleet of four double hull Panamax product tankers and two Ice Class 1A double hull Handymax product tankers. As of December 31, 2006, the Company also owned two drybulk carriers, which it sold to unaffiliated third parties in January 2007. The Company has also agreed to purchase two additional double hull product tankers, one of which it took delivery of in March 2007. Omega provides the commercial management of its vessels in-house through a wholly owned subsidiary, Omega Management, Inc. As of December 31, 2006, the Company's fleet had a combined cargo-carrying capacity of 366,358 dead weight tons and an average age of approximately 1.5 years.

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SUMMARY

Address 24 Kaningos Street Piraeus, 185 34 Greece
Phone 302104132305
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