B+H Ocean Carriers Ltd. (NYSE MKT: BHO) is an international shipping company.The company operates seven bulk ships, seven product tankers and two chemical tankers. Based in Hamilton, Bermuda the company also has offices in Oslo, Singapore, Bristol and New York. The company is listed on the Oslo Stock Exchange and the American Stock Exchange.
The company started out in 1978 when B+H Shipping Group was founded in New York and Oslo. In 1984 it also started with commercial management of its ships. B+H Ocean Carriers was founded in 1988 when B+H took over Canadian Pacific's fleet of handysize and medium range tankers. At the same time the company was listed in the American Stock Exchange. The following year the company bought the Marathon Oil Company's fleet of panamax and suezmax tankers. 1991 saw the introduction of technical management in the company. The company entered the bulk sector in 2004.
Famous quotes containing the words ocean and/or carriers:
“The frost was on the village roofs as white as ocean foam;
The good red fires were burning bright in every ‘longshore home;
The windows sparkled clear, and the chimneys volleyed out;
And I vow we sniffed the victuals as the vessel went about.”
—Robert Louis Stevenson (1850–1894)
“Now, the wry Rosenbloom is dead
And his finical carriers tread,
On a hundred legs, the tread
Of the dead.
Rosenbloom is dead.”
—Wallace Stevens (1879–1955)