Zodiac Maritime

Zodiac operated LPG tanker Northumberland

Zodiac Maritime Ltd is an international ship management company. Zodiac is also a large ship owner and charters out these vessels.[1] It is managed by Eyal Ofer, based in Monaco, and the chairman is Eyal Ofer.[2] Zodiac was involved in the MSC Napoli, the container ship that ran into difficulty in the English Channel.[3][4] In late 2009 and early 2010, two of its ships (St James Park and Asian Glory) were captured by Somali pirates.[5]

According to recent analysis conducted by Globes, the companies of the Zodiac group generated together an operating profit of just over $1.5 billion in 2003-12, and the operating profit margin was 39%.[6] In addition to the high operating profit margin, the companies paid tonnage tax rate of 0.49% of their profit.

In July 2014, Eyal Ofer, the principal of Zodiac Group, received an honorary life membership of the Baltic Exchange for his contribution to shipping in the UK and global maritime trade.[7] Later that year, he was named in the top 10 most influential people in the shipping industry according to Lloyds List 2014.[8]

References

  1. ↑ "Archived copy". Archived from the original on July 15, 2011. Retrieved October 25, 2009.
  2. ↑ http://www.forbes.com/profile/eyal-ofer/
  3. ↑ http://www.bloomberg.com/apps/news?pid=20601102&sid=avsAS0IDsif8&refer=uk
  4. ↑ http://www.channelnewsasia.com/stories/afp_world/view/254171/1/.html
  5. ↑ CNN Somali pirates hijack fourth vessel in a week Downloaded 3 January 2010.
  6. ↑ Globes online, The Ofer family's British shipping companies made annual profits of $100-150 million over the past decade Archived March 2, 2014, at the Wayback Machine.
  7. ↑ http://www.tradewindsnews.com/weekly/340803/Eyal-Ofer-joins-father-Sammy-as-life-member-of-the-Baltic-Exchange
  8. ↑ http://www.lloydslist.com/ll/news/top100/article453177.ece
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