Industry & Services >> CEO Interviews >> March 29, 2004

CRAIG STEVENSON JR. – OMI CORPORATION (OMM)

CRAIG H. STEVENSON JR., Chairman and Chief Executive Officer of OMI Corporation, was born in 1954 in Port Arthur, Texas. He graduated from Lamar University in 1976 with a BBA in Business Management. Mr. Stevenson began his professional career in 1971 with Sabine Towing & Transportation Co., Inc. During his career at Sabine he held various positions. At the time of his resignation he was Executive Vice President, a member of the Board and Corporate Secretary. In 1984, Mr. Stevenson left Sabine to become President of Fidelity Capital Corp. in Houston as well as becoming a member of Hvide Marine's Board of Directors. In 1986 Mr. Stevenson left Fidelity Capital Corp. to become Vice President of Development and Marketing at Hvide Shipping. In 1988, Mr. Stevenson was named President and Director of Seabulk Ocean Systems, an affiliate of Hvide. Mr. Stevenson was instrumental in expanding Hvide's scope of operations by developing a joint venture with OMI Corporation forming Ocean Specialty Tankers Corporation. Mr. Stevenson was named President and Director of this corporation. Mr. Stevenson joined OMI in 1993 as Senior Vice President of Chartering. He became Executive Vice President and COO in October 1994, and in May 1995, he was elected to the OMI Corporation Board of Directors. He was named President and COO on November 21, 1995. On January 1, 1997, Mr. Stevenson became President and CEO and in 1998 Mr. Stevenson became Chairman of the Board. Profile
TWST: Would you begin with a capsule summary of OMI Corporation,

including some of its history?

Mr. Stevenson: OMI Corporation is involved in the marine transportation

of both crude oil and