NewLead Holdings Ltd. is an integrated shipping and coal processing company. The Company provides solutions around the world to seaborne transportation of dry bulk commodities and petroleum products through owned and managed vessels. The Company is engaged in the transportation of refined products, such as gasoline and jet fuel, and dry bulk goods, such as iron ore, coal and grain. The Company's segments include dry segment for the dry bulk vessels, the wet segment for the oil tanker or asphalt carriers in relation to the shipping business and the coal business segment. The Company conducts its operations through vessel-owning companies whose principal activity is the ownership or operation of bitumen and dry bulk vessels. The Company through its wholly owned subsidiary Newlead Shipping S.A. (Newlead Shipping), it provide part of commercial, technical and operational management services to one oil tanker owned by third parties.