The company was originally founded in 1999 and since then it has managed to grow substantially having managed more than 95 vessels consisting of bulkers, tankers, OBO (Ore‐Bulk‐Oil Vessel), PROBO (Product‐Ore‐Bulk‐Oil Vessel) and LPGs and supervised the construction of more than 20 newbuildings. Since 1st of June 2013 PRIME’s Fleet activities have been re-organized as follows: a) PRIME Tanker is managing the Fleet of Oil and Chemical Tankers, b) PRIME Gas is managing the Fleet of Gas Carriers.