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Annual Report 2007 - Corporate Statement
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ACM Shipping Group plc Annual Report and Accounts 2007 01 Corporate statement ACM is one of the world’s top independent tanker brokers, providing a single point of contact for oil and refined product transportation. The comprehensive portfolio includes spot/period chartering, derivatives brokerage, finance, sale and purchase, new buildings and demolition. Highlights Turnover in US dollars up 8.4% on 2006 Profit before tax £3.7 million (2006: £0.5 million) Final dividend of 2 pence per share 15% increase in the number of spot fixtures contracted Time charter forward order book at record level, up 78% on 2006 Successful IPO on the AIM market in December 2006 Expansion into new regions with new office opened in India Became a member of the prestigious London Tanker Brokers’ Panel in March 2007