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Box Ships, Inc. (TEUFF)

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Last Post: 9/25/2016 9:42:29 PM - Followers: 224 - Board type: Free - Posts Today: 55


(Former NYSE, Now OTCQX)


31,290,000 Outstanding Shares with 7,877,125 Restricted to INSIDERS

FLOAT 23,412,875

Assets $356,250,905.00 vs. Liabilities $128,060,764.00


Want Proof

Traded Over $9.50 on NYSE, was $1.00+ in December 2016

>> $7.11 Book Value <<
Moderate Leaverage Pic Below was based on Year End 2014. The New Values Would Much Be Larger 
Cash $13,863,122 (Inc. Restricted Cash) or $0.45
Assets at $356,250,905 or $11.39 PPS
Total Debt at $128,057,376 or ($4.13)

Trading Far Below NAV

$205,293,229 + $15,000,000(Charter Value) is 

$7.11 or $220,410,000 MV

Current Market Value Only $319,300


Company profile
Box Ships Inc. is an international shipping company specializing in the transportation of containers. Our vessels are trading worldwide in a multitude of trade routes. We are focused on maximizing shareholder value by maximizing returns on our investments while at the same time ensuring our vessels adhere to the highest safety and environmental standards.

We are a Marshall Islands registered company that was formed in May 2010. Our business strategy is focused on building and maintaining enduring relationships with charterers and providing reliable seaborne transportation services at competitive cost. We seek to create shareholder value by acquiring and operating modern container vessels and employing them in "period time charter" contracts. Mr. Michael Bodouroglou, our Chairman and Chief Executive Officer, has been active in shipping since 1976. Box Ships Inc. is fully committed to promoting openness, ethical conduct and integrity in all its dealings and has developed a 'code of business ethics and conduct' establishing rules and standards regarding behavior and performance.

Our executive offices are located in Voula, Athens, Greece. The company was listed on NYSE on  April 14, 2011. On November 17, 2015, the company was delisted from NYSE and on November 18, 2015 commenced trading on OTCQX International under the symbol "TEUFF".

We operate a fleet of modern and cost efficient container vessels servicing ports and Customers around the globe. Our goal is to continue to grow our fleet size over time to take advantage of the opportunities in our markets and meet our customers’ needs. Our long term fleet deployment strategy is designed to balance the stability of medium to long-term charter contracts. We believe that this strategy offers better opportunities and greater transparency of earnings. From time to time our management may adjust our fleet deployment strategy according to the prevailing and expected Container charter market conditions.

Our vessels are trading worldwide in a multitude of trade routes carrying containerized goods complying with the International Convention for Safe Containers.

Mission Statement
"To be a carrier which our customers can rely on, always offering a first class service with integrity, professionalism and transparency."

Box Ships Inc. – NYSE: TEUFF

Formed by Paragon Shipping Inc. (NASDAQ: PRGN) to invest in the containership industry. Paragon Shipping and CEO own approximately 11.0% and 16.6%1 of the Company, respectively.

Strong Management Team with over 79 years collective experience

Michael Bodouroglou, our Chairman, President and CEO has over 35 years experience in shipping. George Skrimizeas, our Chief Operating Officer, has 25 years experience in shipping.
Robert Perri, our Chief Financial Officer, has over 19 years experience in shipping and finance.

Current Fleet

9 containerships, average age of 9.9 years compared to industry average of 10.9 years.

Focus on mid-size segment. Fleet consists of vessels between 3,400 and 6,600 TEUs with total capacity of 43,925 TEU.

41% fixed employment for 2015. 



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Current Price
Bid Ask Day's Range
TEUFF News: Report of Foreign Issuer (6-k) 08/17/2016 09:42:57 AM
TEUFF News: Trucept, Inc. (OTC Pink: TREP) Forecasts $60 million in Revenue, Creates Uber-Like App for Staffing Industry 08/03/2016 07:00:00 AM
TEUFF News: Report of Foreign Issuer (6-k) 08/01/2016 07:01:52 AM
TEUFF News: Report of Foreign Issuer (6-k) 07/11/2016 08:46:44 AM
TEUFF News: Amended Statement of Ownership (sc 13g/a) 07/05/2016 10:33:03 AM
#18116  Sticky Note Tweet from The Economist about the shipping industry: Zaadx 09/25/16 01:06:12 PM
#10556  Sticky Note $$More $$TEUFF $$Toxicity ALL truth NOT half truth BigBadWolf 08/05/16 06:58:24 PM
#10545  Sticky Note Correct the shares come based on the discounted Blizzld 08/05/16 06:49:41 PM
#10387  Sticky Note $250,000 Convertible Note August 5, 2016 waterchaser 08/05/16 04:41:56 PM
#6963  Sticky Note ******AMAZING OPPORTUNITIES TO OWN EXTREMELY UNDERVALUED STOCKS... powerbattles 07/30/16 10:15:49 PM
#1162  Sticky Note Box Ships Inc. Announces Recent Developments on Its Papa Bear 06/20/16 08:47:10 PM
#18169   You are right. Asset value for that MasterBlastr 09/25/16 09:42:29 PM
#18168   Agreed. I'd like to see $TEUFF pop back Mirk_Water 09/25/16 09:39:35 PM
#18166   Book value of assets is WAAAAY overstated. waterchaser 09/25/16 09:17:12 PM
#18165   Actually, you are off. Based on 2015 MicroKing 09/25/16 09:15:24 PM
#18164   There are no shorts . . . TEUFF MasterBlastr 09/25/16 08:01:48 PM
#18162   You can discard that bogus site as a waterchaser 09/25/16 07:21:21 PM
#18161   $1.4 is target DollarTIME 09/25/16 07:18:54 PM
#18160   Thanks for the link DollarTIME 09/25/16 07:18:26 PM
#18159   Check the link I sent DollarTIME 09/25/16 07:18:02 PM
#18158   See the report - LOL DollarTIME 09/25/16 07:17:34 PM
#18157   Exactly- short in trouble with earnings coming this week DollarTIME 09/25/16 07:17:14 PM
#18156   'TEUFF' OTC SHORT REPORT . . . . twosecure 09/25/16 07:16:16 PM
#18155   let's see what happens before year end Franyeld 09/25/16 07:11:21 PM
#18153   nice article Franyeld 09/25/16 06:58:44 PM
#18152   What shorts? waterchaser 09/25/16 06:50:28 PM
#18151   There are no shorts of a 2 cent Toxic Avenger 09/25/16 06:50:05 PM
#18150   nicely written. DollarTIME 09/25/16 06:48:01 PM
#18149   By the time TEUFF reports EOY, it will Toxic Avenger 09/25/16 06:47:49 PM
#18148   Read article fully - really scary for shorts. DollarTIME 09/25/16 06:47:32 PM
#18147   most likely Franyeld 09/25/16 06:46:20 PM
#18146   LOL, naked shorting claims are the death knell Toxic Avenger 09/25/16 06:46:02 PM
#18145   2 Analyst did study and put value of DollarTIME 09/25/16 06:45:52 PM
#18144   Surprise earnings will be nice ? Any day now. DollarTIME 09/25/16 06:45:50 PM
#18143   There are millions of articles saying positive and DollarTIME 09/25/16 06:44:34 PM
#18142   Great article on NAKED SHORTING DollarTIME 09/25/16 06:43:10 PM
#18141   ***$TEUFF-Once $9.50-Today $0.017-Analyst Target $1.40***** DollarTIME 09/25/16 06:39:45 PM
#18140   Make this sticky too. DollarTIME 09/25/16 06:39:28 PM
#18139   let's see what happen to price if bdi Franyeld 09/25/16 06:37:40 PM
#18138   ****** TEUFF TARGET by 2 analyst is $1.40 ******* DollarTIME 09/25/16 06:37:23 PM
#18137   THIS SHOULD be STICKY. PERIOD. DollarTIME 09/25/16 06:35:44 PM
#18136   You need to read the article about how Toxic Avenger 09/25/16 06:35:24 PM
#18135   i have hard time figuring what is the Franyeld 09/25/16 06:26:16 PM
#18134   What's_The_Good_News?_We_Could_Be_Setting_Up_For_Another_Bullish_Cycle twosecure 09/25/16 06:24:30 PM
#18133   Liquidating would have left common shareholders with nothing. Toxic Avenger 09/25/16 06:04:38 PM
#18132   The companies scrapping ships only help those who Toxic Avenger 09/25/16 06:00:53 PM
#18131   follow the logic ,, Franyeld 09/25/16 05:28:36 PM
#18128   TEUFF should've liquidated everything and left all shareholders Zaadx 09/25/16 04:40:07 PM
#18127   good sum of reasons Franyeld 09/25/16 03:43:23 PM
#18125   TEUFF MY SHORT LIST OF REASON'S TOO TRULY CashMoneyExpress 09/25/16 03:30:04 PM
#18124   an article titled and lurking into A.P. Franyeld 09/25/16 03:25:55 PM
#18123   the article speaks about 1 ( other )company Franyeld 09/25/16 03:11:14 PM
#18121   you did not read well but was easy Franyeld 09/25/16 02:46:26 PM
#18120   SHIPPING_COMPANIES_JUST_GOT_SOME_OF_THE_BEST_NEWS_IN_20_YEARS twosecure 09/25/16 02:39:30 PM
#18119   Great article, thanks. Shows why TEUFF is below Toxic Avenger 09/25/16 02:23:07 PM
#18118   ‘Zaadx ‘- What’s going on ? you asked. twosecure 09/25/16 02:17:50 PM
#18117   Happy rates are improving and will continue to harby58 09/25/16 01:53:15 PM
#18116   Tweet from The Economist about the shipping industry: Zaadx 09/25/16 01:06:12 PM
#18115   There are some Suckers which doesn't want to amikik 09/25/16 02:44:24 AM
#18114   This stock does not track the S&P . MasterBlastr 09/24/16 08:49:43 PM
#18113   Yeah Master fundamentally it should go higher but amikik 09/24/16 08:41:13 PM