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George Kassiotis, Chief Executive Officer of Omega Navigation Enterprises, Inc., presides over the closing bell.
 

George Kassiotis, Chief Executive Officer of Omega Navigation Enterprises, Inc., presides over the closing bell

George Kassiotis, Chief Executive Officer of Omega Navigation Enterprises, Inc., presides over the closing bell.

Thursday May 24, 2007
from Nasdaq Marketsite
In New York's Times Square


Omega Navigation Enterprises, Inc.
[ONAV]

 
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George Kassiotis, Chief Executive Officer of Omega Navigation Enterprises, Inc., presides over the closing bell.

Omega Navigation Enterprises, Inc. is an international provider of global marine transportation services, through the ownership and operation of eight double hull product tankers. The current fleet includes eight double hull product tankers with a carrying capacity of 512,358 dwt. These eight product tankers are chartered out under three-year period time charters. The Company also has or had options to acquire two additional double hull Ice Class 1A Panamax product carriers currently under construction at STX Shipbuilding in South Korea, which are expected to be available for delivery between August and September 2007.

The Company was incorporated in the Marshall Islands in February 2005. Its principal executive offices are located in Piraeus, Greece and it also maintains an office in the United States.

Omega Navigation's Class A common shares are traded on the NASDAQ National Market under the symbol "ONAV" and are also listed on the Singapore Exchange Securities Trading Limited under the symbol "ONAV 50".

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