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