Belships Company Limited Skibsaksjeselskap Asa - BEL- Profile

Belships Company Limited Skibsaksjeselskap ASA. The Group's principal activity is shipping with operations focused on product tankers, dry bulk and gas. The Group operates through the following divisions: Dry Cargo, Gas, Product Tankers, Ship management and Administration. Dry Cargo division carries mainly coal, iron ore and other materials. The Gas division transports industrial and energy gases. Handysize Product Tankers transports refined petroleum products and vegetable oils. The Ship management division is responsible for ship management. Dry Cargo accounted for 97% of 2005 revenues; ship management, 2%, and administration, 1%