| Offering Information |
| Expected Date | - |
| Proposed Exchange/Ticker |
NYSE: USS |
| Security Type |
Limited Partnership Interest |
| Lead Underwriter |
Lehman Brothers Citigroup |
| Days In Registration |
34 |
| Date Filed |
24-Sep-2004 |
| Form Filed | S-1 |
Fundamentals (Year Ending December 2008) |
| Industry |
Transportation |
| Business Description |
US Shipping Partners LP, headquartered in Edison, New Jersey, provides long-haul marine transportation services between ports in the United States, principally for refined petroleum products and, to a limited extent, petrochemical and commodity chemical products. The company currently operates four Integrated Tug Barges (ITB) which carry petroleum products, and three parcel tankers which haul mainly chemicals, one product tanker, three Articulted Tug Barges (ATB) and one Joint Venture product tanker. The company was founded in 2002. |
| Revenue |
$122.4M |
| Net Income |
$1.6M |
| Shares Outstanding (post-offering) |
7.8M |
| Contact |
- |
| Number of Employees |
440 |
|
| Original Filing Information |
| US |
| Shares Filed |
6.2M |
| Secondary Shares Filed | - |
| · As a Percent |
- |
| Primary Shares Filed |
6.2M |
| · As a Percent |
100.0 |
| Overallotment Shares Filed |
899.97K |
| File Amount |
$131.75M |
| File Price Range |
$22.25 - $20.25 |
| File Mid Price |
$21.25 |
Current Filing Information (Amended 12-Oct-2004) |
|
US |
|
Shares Filed |
6.1M |
| Secondary Shares Filed |
- |
| · As a Percent |
- |
| Primary Shares Filed |
6.1M |
| · As a Percent |
100.0 |
| Overallotment Shares Filed |
- |
| File Amount |
$129.62M |
| · % Change from Original |
-1.61 |
| File Price Range |
$22.25 - $20.25 |
| File Mid Price |
$21.25 |
|