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Earnings Release

Hornbeck Offshore to Announce 2Q Results

Hornbeck Offshore Services, Inc. announced that its second quarter 2002 earnings release will be issued before the market opens on Tuesday, August 6, 2002. The company will hold a conference call to discuss these results at 10:00 a.m. (Central Daylight Time) on Tuesday, August 6, 2002. To participate in the call, callers in the United States/Canada can dial toll-free (800) 642-9816 and international callers can dial (706) 679-3206. The conference ID for all callers is 5034115. An archived version of the call will be available for replay beginning at 1:00 p.m. (Central Daylight Time) Tuesday, August 6, 2002 and ending at midnight Tuesday, August 13, 2002. To access the replay, the toll-free number for callers in the United States is (800) 642-1687 while the number for international callers is (706) 645-9291. The conference ID for all callers is 5034115.


Petroleum Geo-Services Q2 Performance Likely to be Weaker

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  Oslo, Norway, Petroleum Geo-Services ASA (PGS) will present second quarter results on July 24, 2014. The Company expects to report weaker Q2 results than current market expectations.   Customers' intentions with regard to seismic purchases, particularly MultiClient, have become less predictable recently. Accordingly, and considering the Q2 results, PGS lowers its full year EBITDA guidance to circa $850 million


Stolt-Nielsen to Release 2Q Results

Stolt-Nielsen S.A. will release its second quarter results on Thursday, July 10th, 2003. A conference call will be held to discuss the earnings and review of business operations on Thursday, July 10th, 2003. The date for release of second quarter 2003 results has been delayed to permit Stolt Offshore S.A., a subsidiary of Stolt-Nielsen S.A., to discuss the major items of the Stolt Offshore S.A. Blueprint for financial recovery during Stolt Offshore S.A. investor conference call.


Crude Carriers Corp. Q4 Report & Divident

Highlights: · Declared a cash dividend of $0.30 per share for the fourth quarter of 2010 · Reported fourth quarter net profit of $2.4 million or $0.15 per share (‘EPS’). · Earned average Time Charter Equivalent (‘TCE’) of $26,575 per day for the two Very Large Crude Carriers (‘VLCCs’) and $23,826 per day for the three Suezmaxes in the Company’s fleet.  


Paragon Shipping Announces Date For Q1

paragonship.bmp

Earnings Release: Thursday, May 26, 2011, After Market Close Conference Call and Webcast: Friday, May 27, 2011, at 10:00am EDT Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, announced today that it will release its results for the first quarter ended March 31, 2011, after the market closes in New York on Thursday, May 26, 2011. Paragon’s management team will host a conference call to discuss the Company's financial


Norec Summons to bondholders' meetings

  In the previous stock exchange notices where Norwegian Energy Company ASA has informed of expected impairments of Oselvar and Huntington and negative developments in production performance, including its announcement on 19 November 2014 where it was reported that deferral of certain bond payments due on 9 December 2014 would need to be obtained. As also stated in connection with its Q3 earnings release on 28 November 2014


Zacks Releases Latest Industry Outlook

Zacks released its latest Industry Outlook and identified the best stocks in the top-ranked industries. Featured in the latest report is the transportation - shipping industry with a focus on Hornbeck Offshore Services, Inc., OMI Corporation and Tidewater Inc. According to the report, strong OSV market conditions in the U.S. Gulf of Mexico led to a solid third-quarter report for Hornbeck. In early November, the company posted earnings per share of 44 cents


Boomtown Barge Headed for Repairs

According to reports, Tugboats began towing Boomtown Casino's gambling barge to a dry dock in Pascagoula. The repairs at Signal International should take about three weeks, company officials said. Penn National Gaming, which owns Boomtown and Casino Magic Bay St. Louis, has committed to rebuild its Coast properties. Company executives are expected to release more information this week when they issue a quarterly earnings report and host a conference call.


ACL Lowers Earnings Guidance, Approves a $200m Stock Buyback Program

American Commercial Lines Inc. (ACL) announced that it is lowering its earnings guidance for the year ending December 31, 2007 to $1.45 to $1.65 in earnings per share for 2007 versus the current street consensus of $1.84. The Company’s previous guidance for 2007 was $1.75 to $1.95. The lowered guidance is driven primarily by the further weakness in the spot grain markets over first quarter levels and lower than planned productivity levels in the manufacturing segment during the second


Stolt Offshore to Release Q4 and FY03 Results

Stolt Offshore S.A. will release its fourth quarter and full year 2003 results on Wednesday February 18, 2004. A conference call will be held to discuss the earnings and review business operations on Wednesday, February 18, 2004 at 2.00pm GMT.


Baltic Index Edges Higher on Capesize Gains

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for the second consecutive day on Friday on higher rates for capesizes and smaller vessels. The overall index, which gauges the cost of shipping resources including iron ore, cement


Softer Panamax Rates Drag Down Baltic Index Slightly

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged down slightly on Monday as rates for panamax vessels fell. The overall index, which gauges the cost of shipping resources including iron ore, cement, grain, coal and fertiliser


Transocean Shares Poised for Big Move

Photo: Transocean

Transocean Ltd shares are expected to move about 8 percent in either direction following its earnings results on Wednesday, options data showed, but positioning among traders suggests some worry.   This would be the biggest post-earnings move for the shares in at least eight quarters.


Asia: LPG Shipping and LNG Pricing

Image: Navigator Gas

 While declining Asian LNG prices have reduced margins on the long-distance LNG trade, causing spot-charter rates for LNG vessels to fall, LPG shipping earnings are forecast to remain buoyant on the back of low oil prices and the absence of fuel substitution.  


ExxonMobil Earns $32.5 Bi in 2014

ExxonMobi

ExxonMobil Mobil Corporation earned $32.5 Bi in 2014   Highlights:        


Polarcus 4th Quarter Revenue Down 24% v. 2013

Polarcus Limited announced another disappointing quarter today, reporting $93.3 million in fourth quarter revenues, down 24% from the same quarter in 2013. Polarcus, the operator of a global fleet of seismic research vessels, released their fourth quarter and preliminary full year 2014 financial


Dyna-Mac to Build FPSO Topsides for Armada Cabaca

Dyna-Mac has secured a Letter of Award (LoA) from Armada Cabaca Ltd. worth approximately $48 million (USD) for the construction of six FPSO topsides modules.   Armada Cabaca Ltd, an affiliate of Bumi Armada Berhad (Bumi Armada), a Malaysia-based international oilfield services provider to


Teekay LNG Partners Report 4Q & FY 2014 Earnings

  Teekay LNG Partners L.P. plans to release its financial results for the fourth quarter and fiscal year of 2014 before market open on Thursday, February 19, 2015. The Partnership also plans to host a conference call on Friday, February 20, 2015 at 11:00 a.m


ASL Marine's Profits Plummet

Picture: ASL Marine Holdings

 Singapore-based ASL Marine's profits for the second quarter ended 31 December 2014 dived 78.4% year-on-year to SGD1.432 million (USD1.05 million).  Revenue also plunged 86% year-on-year to SGD47.44m due mainly to a revenue reversal of SGD95m recognized in the previous financial years


Aker Solutions Post 4Q 2014 Results

Courtexy Aker Solutions

  *Sales of NOK 9.2 billion 4Q 2014 vs NOK 7.5 billion 4Q 2013 *Earnings before interest, taxes, depreciation and amortization (EBITDA) of NOK 786 million vs NOK 661 million a year earlier *Earnings before interest and taxes (EBIT) of NOK 557 million vs NOK 486 million a year earlier


BW Offshore Cuts Dividend

BW Offshore cut its dividend on Monday, blaming lower spending by customers due to a fall in crude prices as well as a deadly accident in Brazil last week. The company, which also met fourth-quarter earnings forecasts, said it planned a dividend of 2 U.S


Kintetsu Pays $1.2bln for APL Logistics

Image: Kintetsu World Express

 Japanese freight carrier Kintetsu World Express Inc is buying Singapore's APL Logistics for US$1.2 billion, paying a higher than anticipated price for an overseas deal at a time of slow domestic growth.  Tokyo-headquartered Kintetsu Express said on Tuesday that it agreed to pay S$1


Weak Vessel Demand Keeps Baltic Index at Record Lows

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, hit another record low on Wednesday as demand for vessels fell ahead of the Lunar New Year holiday. The overall index, which gauges the cost of shipping resources including iron ore, cement


Baltic Index Rebounds Slightly from Record Low

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged up slightly on Thursday on higher rates for panamaxes and smaller vessels. The overall index, which gauges the cost of shipping resources including iron ore, cement, grain


Wal-Mart: Port Issue Impacting Supply

Wal-Mart Stores Inc is experiencing delays in some merchandise due to the West Coast port disruptions, although moves to diversify its logistics have limited the impact, the head of the retailer's U.S. operations said on Thursday. On an earnings call Greg Foran said "pockets of






 
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