Independent Tankers Corporation Limited
ITKSF
Other OTC0.00
USD
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- -
Return %
Stock
S&P500
1Y
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26.53
3Y
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76.60
5Y
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80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- Par-la-Ville Place Hamilton Bermuda HM 08
- IPO Date
- Feb 28, 2013
- Website
- itcl.bm
- Similar Companies
- Business
- Independent Tankers Corporation Limited Independent Tankers Corporation Limited (ITKSF) is a Bermuda-based holding company that owns, charters, and operates crude oil tankers primarily on long-term bareboat contracts. The company focuses on the marine transportation sector, providing shipping services for crude oil through its fleet of very large crude carriers and Suezmax tankers managed via intermediate holding entities. It operates globally, targeting international oil trade routes with an emphasis on stable, long-term charter agreements. Established prior to its 2008 listing on the Oslo Stock Exchange, the company maintains its headquarters in Hamilton, Bermuda, and concentrates operations through Independent Tankers Corporation, which oversees three specialized holding companies for vessel ownership and management. Core services include tanker chartering, technical management, and commercial operations for crude oil transport, with vessels typically ranging in capacity to handle large-scale international shipments. In recent developments, the ticker ITKSF reflects its defunct status on major exchanges, signaling operational wind-down or delisting amid challenging tanker market conditions, with current market capitalization under $10,000 and share prices at minimal levels. No active partnerships, acquisitions, or new vessel launches appear in the last 1-2 years, consistent with reduced activity in the independent tanker segment. The company has shifted from active trading to a dormant profile, as evidenced by outdated listings and lack of recent financial filings.