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KnightsBridge Tankers- (VLCCF)-operates as an international tanker company. It engages in the international seaborne transportation of crude oil. As of December 31, 2006, the company's fleet consisted of five double-hull crude oil carriers. It operates its vessels on routes between the Arabian Gulf and the Far East, Northern Europe, the Caribbean, and the Louisiana offshore oil port. These vessels carry crude oil, fuel oil, heavy diesel oil, and lubricating oil. The company was founded in 1996 and is headquartered in Hamilton, Bermuda. Shipping companies tend to be volatile stocks, as are their dividends. The capital gains are also accounted for differently, so please consult with a tax advisor.
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