OMI Takes Delivery of Tamar

Monday, July 28, 2003
OMI Corporation of Stamford, Conn., has taken delivery of the vessel TAMAR, a 70,100 dwt product carrier built by Daewoo Shipbuilding & Marine Engineering Co., Ltd. Upon delivery the vessel commenced a five year time charter to a subsidiary of BP. Craig H. Stevenson, Jr., Chairman and Chief Executive Officer commented that, "we are pleased to strengthen our relationship with BP, which also chartered the OTTAWA, a sister ship in May of this year for a 5 year period."

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