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Omega Navigation Enterprises, (SGX:O57) Buildings And Improvements : S$0.00 Mil (As of Jun. 2010)


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What is Omega Navigation Enterprises, Buildings And Improvements?


Omega Navigation Enterprises, Buildings And Improvements Historical Data

The historical data trend for Omega Navigation Enterprises,'s Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Omega Navigation Enterprises, Buildings And Improvements Chart

Omega Navigation Enterprises, Annual Data
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Buildings And Improvements
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Omega Navigation Enterprises, Quarterly Data
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Omega Navigation Enterprises, Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Omega Navigation Enterprises, (SGX:O57) Business Description

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Omega Navigation Enterprises, Inc. is operated primarily from its offices in Piraeus, Greece. The firm provides marine transportation services through its ownership of eight medium-sized refined-product tanker vessels. These vessels transport a variety of liquid cargoes such as gasoline, diesel, fuel oil, and chemicals, with a carrying capacity of over 500,000 deadweight tons. The company currently has an additional five vessels on-order, due for 2010 delivery. The firm's technical vessel management services (such as crewing maintenance, and drydocking) are outsourced to third-party managers.

Omega Navigation Enterprises, (SGX:O57) Headlines

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