Rochester, NY 7/8/2009 2:08:21 AM
Afternoon Report - OCNF - OceanFreight, Inc. - OceanFreight Inc. Announces Postponement of 2009 Annual General Meeting of Shareholders - Sourced WhisperFromWallStreet.com
OceanFreight, Inc.
Afternoon Report - OCNF - OceanFreight, Inc. - OceanFreight Inc. Announces Postponement of 2009 Annual General Meeting of Shareholders - Sourced WhisperFromWallStreet.com
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OceanFreight, Inc.
1.28 Down 0.02 (1.54%) 2:56pm ET
OceanFreight Inc. (NASDAQ: OCNF), a global provider of marine transportation services (the "Company"), today announced that the annual meeting of shareholders (the "Annual Meeting") to be held at the Company's offices located at 80 Kifissias Avenue, GR 151 25, Marousi, Athens, Greece will be postponed from its originally scheduled date of Thursday, June 25, 2009 to Monday, July 13, 2009 at 10:00 a.m., Athens time. The Company has amended its proposal (Proposal Two) to increase its authorized capital stock to provide that only the authorized common stock will be increased. The authorized preferred stock will remain the same. The postponement will afford the Company's shareholders sufficient time to consider the matters on the agenda.
ABOUT
OceanFreight Inc., together with its subsidiaries, provides shipping transportation services. It specializes in transporting drybulk cargoes, including iron ore, coal, grain, and other materials, as well as crude oil cargoes through the ownership and operation of drybulk carriers and tanker vessels. As of December 31, 2008, its fleet consisted of eight Panamax and one Capesize drybulk carriers, and three Aframax and one Suezmax tanker vessels with a total capacity of 1.2 million dead weight tons. OceanFreight Inc. was founded in 2006 and is based in Athens, Greece.
Last Trade: 1.28
Day's Range: 1.27 - 1.33
52wk Range: 0.80 - 22.15
Volume: 873,924
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