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American Shipping Company ASA Company Snapshot
Business Description:
American Shipping Company ASA operates in the Crude petroleum pipelines sector. American Shipping Company ASA (AMSC), formerly Aker American Shipping, is a Norway-based shipping company. It owns and bareboat charters vessels for operation in the United States Jones Act market. American Shipping Company ASA owns a fleet of five tankers: Overseas Houston, Overseas Long Beach, Overseas Los Angeles, Overseas New York and Overseas Texas City. All of them are in operation and on long-term bareboat charter contracts with Overseas Shipholding Group, Inc. and OSG America L.P. The Company operates through its wholly owned United States subsidiaries that are located in Philadelphia, Pennsylvania, and Wilmington, Delaware. The main entities in the AMSC Group are the Norwegian holding company American Shipping Company ASA, intermediate holding company American Tanker Holding Company, Inc. (ATHC), American Tanker, Inc. (ATI), American Shipping Corporation (ASC) and the ten separate leasing companies (ASC Leasing I through X, Inc.). In our complete report available for purchase the company is compared to: Belships Asa, Norwegian Car Carriers ASA and GC Rieber Shipping ASA.
   
   
 
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American Shipping Company ASA
  Stock Performance Chart for American Shipping Company ASA
 
  Stock Data: Recent Stock Performance:
  Current Price (2/3/2012): 1.13
(Figures in Norwegian Kroner)
1 Week -1.7%   13 Weeks 17.7%  
4 Weeks -62.3%   52 Weeks -76.8%  
 
American Shipping Company ASA Key Data:
  Ticker: AMSC Country: NORWAY
  Exchanges: OSL Major Industry: Miscellaneous
    Sub Industry: Shipbuilding
  2010 Sales 413,622,450
(Year Ending Jan 2011).
Employees: 2
  Currency: Norwegian Kroner Market Cap: 31,188,000
  Fiscal Yr Ends: December Shares Outstanding: 27,600,000
  Share Type: Ordinaere Aksje Closely Held Shares: 18,851,470
 
 
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