Ocean Tankers Holdings Public Company Limited (Cyprus: OCT) focuses on oil and chemical tankers ranging from 5,000 to 20,000 dwt. The company was incorporated in Cyprus on June 30, 2005 and was the first shipping company to be listed on the Cyprus Stock Exchange on December 6, 2006.

Since its listing the company's fleet has grown from an original 3 vessels to 16 with a total capacity of 213,566 dwt (including two newbuildings to be delivered during the second half of 2008). The fleet comprises high quality double hull double bottom vessels, 8 of which are Ice-Class A and can trade in the Northern Sea, with an average age of 6.6 years.

More than 80% of the fleet is on long term charters, more than half through 2015.

The company' shares are listed on the Cyprus Stock Exchange under the ticker symbol "OCT" and as of October 4, 2007 they are included in the FTSE/ATHEX International Index of the Athens Stock Exchange. As of December 3, 2007, they are also included in the new index FTSE/CySE20 of the Cyprus Stock Exchange which includes the shares of 20 selected companies which compromise a representative sample of the Cyprus economy.

For more information please visit our website: www.ocean-tankers.com.