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Thursday, November 26, 2009, 4:37AM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
FreeSeas Inc. (FREE)On Nov 25: 1.52  Up 0.01 (0.66%)  
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FreeSeas Inc.
89 Akti Miaouli & 4 Mavrokordatou Street
Piraeus,  185 38
Greece - Map
Phone: 30 210 45 28 770
Fax: 30 210 42 91 010
Web Site: http://www.freeseas.gr

DETAILS 
Index Membership:N/A
Sector:Services
Industry:Shipping
Full Time Employees:2

BUSINESS SUMMARY 
FreeSeas Inc., through its subsidiaries, operates as an international dry bulk shipping company. The company transports various dry bulk commodities, including coal, grains, and iron ore, as well as bauxite, phosphate, fertilizers, steel products, sugar, and rice worldwide. As of December 31, 2008, its fleet consisted of seven Handysize vessels and two Handymax vessels. The company was founded in 2004 and is based in Piraeus, Greece.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Ion Varouxakis , 38
    Co-Founder, Chairman, Chief Exec. Officer and Pres
    $ 150.00KN/A
    Mr. Kostas Koutsoubelis , 53
    VP, Treasurer
    $ 0N/A
    Mr. Alexis Varouxakis , 32
    Sec.
    $ 0N/A
    Mr. Alexandros Mylonas ,
    Chief Financial Officer and Principal Accounting Officer
    N/A N/A
    Mr. Dimitris D. Papadopoulos , 64
    Advisor to the Board & Management
    N/A N/A
    Dollar amounts are as of 31-Dec-06 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.
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