Headquartered in Athens, Greece, Maritime was formed in 2007 by our founder and Chief Executive Officer to take advantage of opportunities in the tanker sector. We have entered into a Head Management Agreement with Maritime, pursuant to which Maritime provides us and our vessels, among other things, with ship management services. Under the Head Management Agreement, each of our vessel owning subsidiaries has entered into a separate ship management agreement with Maritime which provides the following services: commercial, sale and purchase, provisions, insurance, bunkering, operations and maintenance, dry-docking and newbuilding construction supervision. Maritime also supervises the crewing and technical management performed by ITM for all our vessels.