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:
“Our fathers water’d with their tears
This sea of time whereon we sail,
Their voices were in all men’s ears
Who pass’d within their puissant hail.
Still the same ocean round us raves,
But we stand mute, and watch the waves.”
—Matthew Arnold (1822–1888)
“Nature, doubtless, has some compelling cause
To glut the carriers of her epidemics—
Nor did the peach complain.”
—Robert Graves (1895–1985)