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November 07, 2009         





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Hornbeck Offshore Q3 2009 Results
11/5/2009 9:28:03 PM
Hornbeck Offshore Services, Inc. (NYSE: HOS) announced results for the third quarter ended September 30, 2009.

Third quarter 2009 revenues decreased 17.4% to $90.1 million compared to $109.1 million for the third quarter of 2008. Operating income was $27.1 million, or 30.1% of revenues, for the third quarter of 2009 compared to $52...

Seaspan Reports Financial Results
11/5/2009 9:25:11 PM
Seaspan Corporation (NYSE: SSW) announced the financial results for the three and nine months ended September 30, 2009.

Third Quarter 2009 and Year-to-Date Highlights:
- Reported revenue of $74.1 million and $207.0 million, respectively, for the three and nine months ended September 30, 2009 compared to $57...

DryShips Debt Agreement
11/5/2009 9:02:39 PM
DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced that it has signed an agreement with Commerzbank and West LB on waiver terms for $70 million of our outstanding debt. This agreement is subject to customary documentation...

Excel Maritime Reports Q3 Results
11/5/2009 8:56:00 PM
Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, announced its operating and financial results for the third quarter and nine-month period ended September 30, 2009.

Safe Bulkers Q3 Results
11/4/2009 9:07:28 PM
Safe Bulkers, Inc. (NYSE: SB), an international provider of marine drybulk transportation services, announced its unaudited financial results for the three- and nine-month periods ended September 30, 2009.

Summary of Third Quarter 2009 Results
Net revenue for the third quarter of 2009 decreased by 31% to $36...

Royal Caribbean Q3 Results
11/4/2009 9:05:09 PM
Royal Caribbean Cruises Ltd. (NYSE:RCL) announced earnings for the third quarter of 2009 and provided guidance for the fourth quarter and full year.
Key Highlights
•    Third quarter 2009 net income was $230.4 million, or $1.07 per share, compared to net income of $411.9 million, or $1...

Transocean Reports Q3 2009 Results
11/4/2009 9:03:06 PM
Transocean Ltd. (NYSE:RIG) reported net income attributable to controlling interest for the three months ended September 30, 2009 of $710 million, or $2.19 per diluted share, compared to net income attributable to controlling interest of $1.063 billion, or $3.30 per diluted share for the three months ended September 30, 2008...

ACL Reports Q3 Results
11/3/2009 9:28:35 PM
American Commercial Lines Inc. (NASDAQ: ACLI) (ACL) announced results for the quarter and nine months ended September 30, 2009. Revenues for the quarter ended September 30, 2009 were $216.0 million, a 31.1% decrease compared with $313.7 million for the quarter ended September 30, 2008. The decrease in...

Tidewater Reports Q2 Results for 2010
10/29/2009 11:06:06 PM
Tidewater Inc. (NYSE:TDW) announced its second quarter net earnings for the period ended September 30, 2009, of $98.2m, or $1.90 per common share, on revenues of $295.5m. Included in net earnings for the September 30, 2009 quarter is a $34.3m, or $0.66 per common share, tax benefit resulting from a favorable resolution of tax litigation...

DryShips Q3 Financial Results
10/27/2009 7:06:58 PM
DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk cargoes and offshore oil deep water drilling, announced its unaudited financial and operating results for the third quarter and nine month period ended September 30, 2009.

George Economou, Chairman...

Aries Regains NASDAQ Compliance
10/27/2009 6:55:04 PM
Aries Maritime Transport Limited (NASDAQ:RAMS) announced that it received notification from the NASDAQ Listing Qualifications department that it has regained compliance with the $1.00 minimum bid price requirement for continued listing set forth in Listing Rule 5450(a)(1), as its common stock has achieved a closing bid-price of $1...

Horizon Lines Declares Regular Dividend
10/25/2009 8:13:47 PM
Horizon Lines, Inc. (NYSE: HRZ), announced that its Board of Directors has voted to declare a regular quarterly cash dividend of $0.11 per share, payable on December 15, 2009, to stockholders of record on December 1, 2009.  The dividend was approved during the regularly scheduled quarterly meeting of the Board of Directors, which was held Oct...

Horizon Lines Reports Q3 Results
10/25/2009 8:06:18 PM
Horizon Lines, Inc. (NYSE:HRZ) reported results for its fiscal third quarter ended September 20, 2009. On a GAAP basis, net income totaled $8.4 million, or $0.27 per diluted share, on revenue of $308.0 million. This compares with net income of $11.1 million, or $0.37 per diluted share on revenue of $352...

Keppel Q3 2009 CEO Remarks
10/22/2009 6:50:23 PM
The global economy has shown some signs of recovery this past quarter. The Chinese economy is now widely expected to grow beyond 8% this year. Housing construction in the US rose in August to the highest level in nine months. Europe appears to be on track to exit the recession in the third quarter. In...

Northrop Grumman Q3 2009 Results
10/21/2009 7:56:25 PM
•    Sales Increase 4 Percent to $8.73 Billion- GAAP EPS from Continuing Operations Increase to $1.52
•    Pension-adjusted EPS Increase 22 Percent to $1.67
2009E GAAP EPS Guidance Raised to $5.00 to $5.15 from $4.65 to $4.90
•   ...

Ryder Declares Quarterly Cash Dividend
10/11/2009 7:37:32 PM
The Board of Directors of Ryder System, Inc. (NYSE: R) declared a regular quarterly cash dividend of $0.25 per share of common stock, to be paid on December 11, 2009, to shareholders of record on November 16, 2009. This is Ryder's 133rd consecutive quarterly cash dividend -- marking more than 33 years of dividend payments...

Agreement on Bavaria Yachtbau Restructuring
10/5/2009 12:43:32 PM
Bavaria Yachtbau GmbH announced that Anchorage Advisors, L.L.C. and Oaktree Capital Management ), who collectively control approximately 95 percent of Bavaria's $1,403m debt facilities, have signed a binding agreement to restructure the company's balance sheet. The restructuring will create an industry...

Jotun Profits Remain Satisfactory
9/30/2009 1:53:15 PM
Jotun expects the difficult global economy to continue to have a greater impact. When compared with the record level  of 2008, the figures in the first eight months of 2009 are still satisfactory. In litres and kilos the group sold one per cent less paint than it did for the same period last year...

Tsakos Energy Semi-Annual Cash Dividend
9/29/2009 12:56:51 AM
Tsakos Energy Navigation Limited (TEN) (NYSE:TNP) announced that its Board of Directors has declared the company’s initial cash dividend for the fiscal year 2009 of $0.30 per common share, payable October 29, 2009 to stockholders of record on October 22, 2009. The ex-dividend date will be October 20, 2009...

OSG Increase in Proposed Tender Offer Price
9/27/2009 8:31:46 PM
OSG America, L.P. (OSG America, NYSE: OSP) reported that Overseas Shipholding Group, Inc. (OSG; NYSE: OSG), which owns a 77.1% interest in OSG America, announced that it has increased the price per unit that it will offer to pay for all of the outstanding publicly held common units of OSG America from $8...

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Fincantieri Invests in U.S. Yards Nov 5 2009 9:29PM

P.B. Shah President Ingram Barge Co. Nov 5 2009 9:28PM

Hornbeck Offshore Q3 2009 Results Nov 5 2009 9:28PM

Shell’s Successful South African Offshore Bid Nov 5 2009 9:26PM

Bender Secures Loan, Sells Assets Nov 5 2009 9:25PM

Seaspan Reports Financial Results Nov 5 2009 9:25PM

Naval Units Cooperation Disrupts Pirates Nov 5 2009 9:04PM

Seaware Routing Version 5 Nov 5 2009 9:03PM

DryShips Debt Agreement Nov 5 2009 9:02PM

Coast Guard Photo Nov 5 2009 9:01PM

Excel Maritime Reports Q3 Results Nov 5 2009 8:56PM

Cargotec Contract to Supply Namibia Namport Nov 5 2009 8:53PM

Ship Bound for Breaking Finds New Career Nov 5 2009 8:32PM

This Day in Coast Guard History – Nov. 6 Nov 5 2009 8:31PM

This Day in Naval History – Nov. 6 Nov 5 2009 8:24PM

Record Attendance for SNAME 2009 Nov 5 2009 10:30AM

Fuel Removal from Capsized Vessel Nov 4 2009 9:11PM

Coast Guard Photo Nov 4 2009 9:09PM

Update on Freight Ship Oil Spill in GOM Nov 4 2009 9:08PM

Ships Evade Pirate Attack in Indian Ocean Nov 4 2009 9:08PM

Harris PYE Assists in Saga Pearl II Refit Nov 4 2009 9:08PM

Safe Bulkers Q3 Results Nov 4 2009 9:07PM

Stolt-Nielsen Time Charter of VLGC Yuhsho Nov 4 2009 9:06PM

Satworx Promotion Nov 4 2009 9:05PM

Royal Caribbean Q3 Results Nov 4 2009 9:05PM

Kennedy Resigns Port Commission Seat Nov 4 2009 9:04PM

Byrd Appointed SVP Operations, Grand Bahama Nov 4 2009 9:03PM

Transocean Reports Q3 2009 Results Nov 4 2009 9:03PM

Emery W. Harper, 1936-2009 Nov 4 2009 9:02PM

This Day in Coast Guard History – Nov. 5 Nov 4 2009 9:01PM

This Day in Naval History – Nov. 5 Nov 4 2009 9:00PM

Eye on the Navy Nov 3 2009 9:33PM

New Hydraulic Personnel Winch Nov 3 2009 9:32PM

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