Marine transport and offshore services company Petrogress (OTC: PGAS) has shaped a diversified revenue stream, giving it a substantial lead over comparable companies working in the oil and gas shipping market. An article discussing the company’s winning strategy reads: “News that the oil and gas industry may be entering an extended recovery period following years characterized by decreased prices, a lack of investor confidence and a number of bankruptcies is only adding to the optimism of survivors like Petrogress, Inc. (OTC: PGAS), which capitalized on sound management practices to report a significant rise in profitability during last year’s third quarter and a record adjusted report of earnings despite a slump in the company’s sales volume.”
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About Petrogress, Inc.
Petrogress, Inc. owns and operates a fleet of tankers from its base in the historic Port of Piraeus through a series of Marshall Islands subsidiaries. Its principal and CEO, Christos P. Traios, has over 30 years of experience in operating and managing shipping operations from Greece. Currently, the Company’s ships trade off the coast of West Africa, transporting crude oil, distillates and refined products. The Company also operates service and shipping facilities at the Port of Limassol in Cyprus and the Port of Tema, Greater Accra, in Ghana. It is actively seeking expansion opportunities, including in operating and developing natural gas production and transmission facilities along with LNG processing in the U.S., refinery operations in north and West Africa, and the transport and sales of LNG in Europe. For more information, visit www.PetrogressInc.com.
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