- Oceanaut
Infobox Company
company_name = Oceanaut Inc.
company_type = Public (Amex|OKN)
foundation =2006
location =Athens ,Greece
key_people = Mr. C. J. Georgakis, CEO
industry =Shipping
homepage = [http://www.oceanautinc.com/ www.oceanautinc.com]
footnotes =Oceanaut Inc. (Amex:OKN) is a Special Purpose Acquisition Company (SPAC), formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition, stock purchase or other similar business combination, vessels or one or more operating businesses in the shipping industry.
As of November 2007 it does not have significant operations, yet, on
October 15 ,2007 , the company announced it has entered into definitive agreements pursuant to which it has agreed to purchase, for an aggregate purchase price of $700 million in cash, nine dry bulk carriers including five newbuildings.Upon delivery of the vessels, the fleet will be comprised of two
Capesize , fourPanamax and three Supramax dry bulk carriers. These dry bulk carriers transport a variety of dry bulk cargoes such as iron ore, grain and coal. The vessels have a combined cargo-carrying capacity of 809,000 deadweight tons and an average fleet age of approximately seven years upon delivery of all newbuilding vessels. The two Supramax dry bulk carriers are scheduled for delivery in 2008 and the third Supramax dry bulk carrier, together with the two Capesize dry bulk carriers, are scheduled for delivery in 2009.The company was founded in 2006 and is headquartered in Athens, Greece.
External links
* [http://www.oceanautinc.com Official corporate site]
* [http://www.capitallinkshipping.com Capital Link Shipping - A website dedicated to shipping companies]
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