Bruton Ltd. Shs Norway Depository Receipt Repr 1 Sh
OOSL:BRUT57.00
NOK
+0.40
(+0.71%)
ISIN
NO0013036814
Return %
Stock
S&P 500
1Y
17.28
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Semi-annual Revenue
USD
•
in mil. unless spec.Semi-annual Earnings Per Share
USD
•
in mil. unless spec.Semi-annual Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Gunnar Winther Eliassen
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Hamilton Bermuda
- IPO Date
- Nov 28, 2024
- Website
- bruton-ltd.com
- Similar Companies
- Business
- Bruton Ltd. is a maritime investment and shipping company primarily engaged in the ownership, operation, and commercial chartering of modern Very Large Crude Carriers (VLCCs) for the international energy transportation sector. The company provides global seaborne crude oil transportation services; spot market voyage chartering as well as short- and long-term time charter agreements for multinational oil majors, state-owned energy companies, and international commodity trading houses; commercial and operational fleet management; ownership and newbuild project oversight of high-specification, eco-design VLCCs fitted with exhaust gas cleaning systems (scrubbers) and LNG dual-fuel capability; and strategic maritime asset management across cyclical energy and transportation markets. Bruton Ltd. operates worldwide across major ocean trade corridors connecting crude petroleum export centers in the Arabian Gulf, West Africa, and the Americas to global refining hubs across Asia, Europe, and North America. Founded in July 2023 as Andes Tankers Ltd. and headquartered in Hamilton, Bermuda, the company trades on Euronext Growth Oslo through Norwegian Depository Receipts (NDRs) under the ticker BRUT. In recent strategic and operational developments, the company completed a corporate rebranding to Bruton Limited and listed its Norwegian Depository Receipts on Euronext Growth Oslo in late 2024, executed corporate consolidation mergers and share exchanges with Andes Tankers II Ltd. and Andes Tankers III Ltd. to centralize ownership of its VLCC order book, expanded its newbuilding pipeline of eco-friendly crude tankers across New Times Shipyard and CIMC Raffles with scheduled delivery slots extending through 2029, initiated deliveries of its modern fleet including the vessel Mount Vision, executed capital distributions and distributions in kind to optimize shareholder returns, and advanced a corporate strategy separating cash-generative operational tonnage from forward-delivery expansion assets.