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FreeSeas Inc. (FREE)

1.30 Up 0.03(2.36%) Apr 17, 3:59PM EDT
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FreeSeas Inc.
10 Eleftheriou Venizelou Street, (Panepistimiou Avenue)
Athens, 10671
Greece - Map
Phone: 30 210 45 28 770
Fax: 30 210 42 91 010

Index Membership:N/A
Full Time Employees:N/A

Business Summary 

FreeSeas Inc., through its subsidiaries, provides drybulk shipping services. Its vessels carry various drybulk commodities, including iron ore, grain, and coal, as well as bauxite, phosphate, fertilizers, steel products, cement, sugar, and rice. As of December 31, 2012, the company owned and operated six Handysize dry bulk carriers and one Handymax dry bulk carrier. As of April 2, 2013, its operational fleet had approximately 197,200 dwt with the average age of 15.5 years. The company was formerly known as Adventure Holdings S.A. and changed its name to FreeSeas Inc. in April 2005. FreeSeas Inc. was founded in 2004 and is based in Athens, Greece.

Key Statistics

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Key Executives 
Mr. Ion G. Varouxakis , 43
Co-Founder, Chairman, Chief Exec. Officer and Pres
Mr. Kostas Koutsoubelis , 58
Mr. Dimitris D. Papadopoulos , 69
Chief Financial Officer, Principal Accounting Officer and Treasurer
Ms. Maria Bandekas , 42
Mr. Dimitris Filippas , 36
Fin. Mang.
Amounts are as of Dec 31, 2006 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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