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U.S. Shipping Corporation (formerly U.S. Shipping Partners L.P.) hopes smooth sailing is in its future. The company cruises coast-to-coast between US ports, delivering refined and specialty petroleum and chemical products. Its fleet of about a dozen vessels includes tug-barge units and tankers. U.S. Shipping's main customers are oil and chemical companies. BP, SeaRiver Maritime (a unit of Exxon Mobil), and Shell together account for about half of the company's sales. The company exited Chapter 11 bankruptcy protection in November 2009 after voluntarily filing earlier in the year in April. It was converted from a partnership to a corporation after emerging from bankruptcy.
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| | | Contact Information | |
Address: |
399 Thornall St., 8th Fl.
Edison, NJ 08837
| | Phone: | 732-635-1500 | | Fax: | 732-635-1918 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 196.40 M | | Revenue Growth (1 yr): | 11.20% | | Employees (2008): | 390 | | Employee Growth (1 yr): | (-14.10%) |
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Key People
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President, CEO, and Director:
Joseph P. Gehegan
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VP and CFO:
Albert E. (Al) Bergeron
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