NewLead Holdings Ltd. (NewLead) is an international shipping company engaged in the transportation of refined products, such as gasoline and jet fuel, and dry bulk goods, such as iron ore, coal and grain. NewLead operates in two segments: shipping business and coal business. The Coal typically consists of mining operations and coal washing services, while the Shipping Operations consist of transportation and handling of bulk cargoes through ownership, operation, and trading of vessels .As of May 8, 2014, the Company owned a fleet of two dry bulk vessels totaling 0.15 million dwt with an average age of 18.2 years. On September 13, 2013, the Company acquired Viking Acquisition Group, LLC. On December 9, 2013, the Company acquired Viking Prep Plant LLC (VPP).