Abstracts Contents Analysis Features

Ultrapetrol (Bahamas) Ltd. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Ultrapetrol (Bahamas) Ltd. and its competitors. This provides our Clients with a clear understanding of Ultrapetrol (Bahamas) Ltd. position in the Sea Transportation Industry.

• The report contains detailed information about Ultrapetrol (Bahamas) Ltd. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for Ultrapetrol (Bahamas) Ltd. It involves specifying the objective of the company’s business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The Ultrapetrol (Bahamas) Ltd. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company’s information will assist and strengthen your company’s decision-making processes.
• In the part that describes Ultrapetrol (Bahamas) Ltd. competitors and the industry in whole, the information about company’s financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Ultrapetrol (Bahamas) Ltd. business.

About Ultrapetrol (Bahamas) Ltd.

Ultrapetrol (Bahamas) Limited, an industrial shipping company, through its subsidiaries, provides the marine transportation services to clients in South America, Europe, and Asia. The company serves the shipping markets for grain, forest products, minerals, crude oil, petroleum, and refined petroleum products, as well as the offshore oil platform supply market.

Segments

The company operates in the three segments: River Business, Offshore Supply Business, and Ocean Business.

River Business

The River Business, which the company operates through its subsidiary UABL Ltd. has 591 barges and 30 pushboats with approximately 1,005,000 dwt capacity. The company owns 535 dry barges, which can transport agricultural and forestry products, iron ore, and other cargos, and 56 tank barges, which carry petroleum products, vegetable oils and other liquids. In addition, the company uses one 35,000 dwt barge, the Alianza G2, as a transfer station to provide storage and transshipment services of dry cargo from river barges to ocean export vessels. The company operates its pushboats and barges on the navigable waters of the Parana, Paraguay and Uruguay Rivers and part of the River Plate in South America, also known as the Hidrovia Region.

Through joint ventures, the company owns and operates terminals at certain locations to provide integral transportation services to its customers from origin to destination. The company also owns a drydock and repair facility to carry out fleet maintenance and has a long-term lease on its Ramallo facility.

Offshore Supply Business

The Offshore Supply Business, which the company operates through UP Offshore (Bahamas) Ltd. owns and operates vessels that provide logistical and transportation services for offshore petroleum exploration and production companies in the North Sea and the coastal waters of Brazil. The Offshore Supply Business fleet consists of six PSVs in operation and six under construction, four of which were contracted with a shipyard in India; the remaining two were contracted to a shipyard in China. The company’s PSVs are designed to transport supplies, equipment, drill casings and pipes on deck, along with fuel, water, drilling fluids, and bulk cement in under-deck tanks and various other supplies to drilling rigs and offshore platforms.

Ocean Business

The Ocean Business operates nine oceangoing vessels, including five product tankers, two Capesize vessels, one Oceangoing Pushboat, and one inland tank barge. The company’s Capesize vessel Princess Katherine transports dry cargo, such as iron ore and coal, on major routes around the globe. The company’s product tankers are employed in the South American cabotage trade of petroleum and petroleum products. Its ocean fleet has an aggregate cargo carrying capacity of near 445,606 dwt and an average age of approximately 15 years. Additionally, the company owns an Oceangoing Pushboat, the Argos I.

The company employs its Capesize vessel in the carriage of dry bulk cargos on trade routes around the world, primarily transporting coal and iron ore from South America, Australia, and South Africa to Europe, China, and other Far East countries. The company’s five product tankers, Miranda I, Alejandrina, Austral, Amadeo and Mediator I, are employed under time charters with oil companies serving the regional trade of Argentina and Brazil.

The company’s Miranda I and Amadeo are double hull vessels employed in Argentina and Romania, respectively. Its Alejandrina, Austral, and Mediator I are of double hull construction. Princess Katherine is employed in dry cargo. Parana Petrol vessel is qualified to operate in Argentinean inland waters.

Customers

The company has a customer base, including petroleum, agricultural, and mining companies. Its customers include affiliates of Apache, Archer Daniels Midland, British Gas, Bunge, Cargill, Chevron, Canadian Natural Resources, Continental Grain, Dreyfus, ENAP (the national oil company of Chile), Industrias Oleaginosas, MMX, Noble, Panocean, Petrobras (the national oil company of Brazil), Petropar (the national oil company of Paraguay) Rio Tinto, SwissMarine Services, Total, Trafigura, Vale, and Vicentin.

Competition

River Business: The company’s competitors in this segment include Navios South American Logistics and Fluviomar.

Offshore Supply Business: In its Offshore Supply Business, the company’s main competitors include CBO, Seacor, Tidewater, Maersk, and Chouest. It also competes with other owners and operators, such as Gulfmark Offshore, Bourbon, or DOF Farstad.

Ocean Business: The company’s primary competitor in crude oil and petroleum products transportation with in Argentina, and between Argentina and other South American countries, as well as in Chile include Antares Naviera S.A. and its affiliated companies, including Ultragas, Lauderdale Tankers Corp, and Sonap S.A. it also competes with other major participant in the Argentina / Brazil trade, which is Transpetro, a subsidiary of Petrobras. Navios South American Logistics, who is a competitor in its River operation, also competes in the Argentinean Coastal Tanker market. In other South American trades, its major competitors are Heidmar Inc. Naviera Sur Petrolera S.A. Naviera Elcano (through their various subsidiaries), and Sonacol S.A.

History

Ultrapetrol (Bahamas) Limited was founded in 1992.