Through its fully owned subsidiary, Watermaker Services Corp. (Panama), Action Group Holdings (AGH) owns a ship with the following description:
Name : M/V Napoleon
Year Built : 7.1981 BY ASTILLEROS ESPANOLES S.A. - FAC.DE SESTAO.
Size : 189.25 oa / 178.00 pp X 31.30 X 15.10 M
Loading Capacity :43,782 MTDWAT ON 11.885 M SUMMER SEAWATER DRAFT
Hull Number : 226
Classification : International Register of Shipping.
The vessel was acquired to transport aggregates from UAE to Kuwait for distribution inside the Kuwaiti market by our subsidiary, Action Aggregate Company ( Kuwait ).
The ship is time chartered on the open market when not needed by Action Aggregates Company. Conditions in the shipping market are favourable at this time, and dry bulk carriers of this tonnage can earn a premium over standard market rates.
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