Per Olav Karlsen

NewLead Holdings Ltd. was a shipping, logistics, and commodity company, which engages in the seaborne transportation of petroleum products and dry bulk commodities. It operates through the Wet and Dry Operations segments. The Wet Operations segment deals with the transportation of asphalt through ownership, operation, and management of vessels. The Dry Operations segment consists of the transportation and handling of bulk cargoes. The company was founded on January 12, 2005 and is headquartered in Hamilton, Bermuda.