This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Omega Protein Christens Two New Vessels To Add To Its Menhaden Fishing Fleet

REEDVILLE, Va., May 20, 2013 /PRNewswire/ -- Omega Protein Corporation (NYSE: OME), christened two new vessels at its Reedville, Virginia facility. The two vessels, named the F/V Rappahannock and the F/V Fleeton are state of the art menhaden fishing vessels and are the first new vessels christened by the company in over 20 years. Omega Protein is a nutritional product company and a leading integrated producer of omega-3 fish oil and specialty protein products.

"The addition of the Rappahannock and the Fleeton to our Reedville fleet marks a significant investment in our operations here in Virginia," said Monty Deihl, Director of Fishing Operations at Omega Protein. Deihl added, "I'm proud that Omega is reviving the tradition of formally christening our new fishing vessels. It demonstrates our commitment to both our employees here and the community which for so many years this Reedville plant has supported."

Omega Protein CEO Bret Scholtes added, "These two vessels allow us to harvest menhaden in a more efficient and environmentally conscious capacity. It also allows us to better preserve those fish and conduct our operations in a safer way. It's really a win-win scenario in all regards. We couldn't be more excited about the 2013 fishing season and beyond."

A christening ceremony was held on Saturday, May 18 at Omega Protein's Reedville facility.

The Rappahannock was christened by Mark Fortune, Assistant Chief of the Rappahannock Tribe. The Rappahannock have long inhabited the lands near Reedville, as well as lands spanning from the Northern Neck on the Rappahannock River to the Mattaponi River, and as far north as Fredericksburg, VA. In keeping with longstanding company tradition, the Fleeton was christened by Anna Scholtes, wife of Omega Protein CEO, Bret Scholtes.

The ceremony coincided with Omega Protein's centennial celebrations, commemorating the company being chartered as Reedville Oil and Guano in 1913. Ben Landry, Omega's Director of Public Affairs, remarked, "This centennial is a wonderful opportunity to reflect on this company's storied past, but it's also a perfect platform for us to look forward towards an equally bright future."

The Rappahannock was built in 1982 and is 196' x 40', making it the largest vessel operated by Omega Protein in 2013. The Fleeton is 184' x 38' and was built in 1976. Both vessels were originally used as Offshore Supply Vessels (OSV) in the Gulf of Mexico.

They were purchased by Omega Protein and retro-fitted into state of the art menhaden fishing vessels. Among the updates, large fuel tanks were removed from the boats and replaced with fish storage containers. The vessels will also feature twice the usual tonnage of refrigeration aboard in an effort to improve the quality of fish prior to processing.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.31%
FB $102.01 0.10%
GOOG $682.40 -0.10%
TSLA $151.04 0.38%
YHOO $27.04 1.05%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs