Friday, February 5, 2016

Nordic American Offshore Limited: Owner and Operator of Platform Supply Vessels

Incorporated in the Marshall Islands in 2013, Nordic American Offshore Limited continues to engage in the acquisition and operation of platform supply vessels (PSV). The business offers their services and solutions to the international markets.

Platform supply vessels are huge ships that are used to supply offshore oil and gas platforms. At present, the company has 10 of these vessels that are operating around the world. Their vessels include the NAO Horizon, NAO Galaxy, NAO Viking, NAO Guardian, NAO Storm, NAO Power, NAO Prosper, NAO Fighter, NAO Thunder and NAO Protector. They have strong partnerships with some of the biggest names in the oil and gas industry. There are two subsidiaries that the business oversees, namely Nordic American Offshore (UK) Limited and Platform Supply Vessels (PSV).

Nordic American Offshore Limited is headquartered in Hamilton, Bermuda. It remains publicly traded on the New York Stock Exchange and markets its common shares using the ticker symbol NAO.

Tuesday, February 2, 2016

National Storage Affiliates Trust: The 6th Largest Operator of Storage Facilities in US

Self storage facilities continue to provide leasable space to both companies and individual consumers. These facilities are rented in various terms and addresses the need for extra space to store items and other personal effects, that are to be used in the future. In the United States, there are several companies that offer this kind of products and services. National Storage Affiliates Trust is one of the most trusted and one of the largest in the industry.

Considered as the 6th largest owner and operator of storage facilities in the United States, the company strongly attributed its growth to acquisition and the expansion of its Participating Regional Operators. National Storage Affiliates continues to operate as a self-administered, self-managed real estate investment trust. At present, the operations of the company include the ownership and management of 277 self storage facilities. These properties have a total of 15.8 million rentable square feet and are operating in 16 states.

National Storage Affiliates continues to attract private operators to join their network of Participating Regional Operators. To entice these operators, they provide the same benefits that were only previously available to the publicly traded affiliate of the company. Currently, their lineup of Regional Operators includes SecurCare Self Storage, Guardian storage, Move It and Storage Solutions, Northwest Self Storage and Optivest Properties. These operators continue to align their operations with the ideals of the company and operate with transparency and integrity as its two core principles. National Storage continues to focus on the integration of their best in class practices to those operators who are located in the top 100 markets in the country.

It is in Greenwood Village, Colorado that the company holds its corporate office. National Storage Affiliates Trust remains publicly traded on the New York Stock Exchange and continues to market its common shares using the symbol NSA. The business remains listed as a component of the Russell 3000 Index.