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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 An archived version of the call will be available for replay beginning at 1:00 p.m. (Central Daylight Time) Tuesday, August 6, 2002 and ending at midnight Tuesday, August 13,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 Slips with Falling Panamax Rates, Capesize Revives

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell further on Wednesday, dragged down by decreasing panamax rates.   The overall index, which factors in average daily earnings of capesize, panamax


New 2015 LADD Connector Selector Available

LADD Distribution has released the latest edition of the LADD Connector Selector for TE Connectivity’s DEUTSCH, AMPSEAL and AMPSEAL 16 connectors.   First released in 2003, the LADD Connector Selector has become a reference guide to industrial environmentally sealed electrical


NAO's Quarterly Dividend Unchanged

Photo courtesy of NAO

The board of directors at Nordic American Offshore Ltd. have declared a dividend of $0.45 per common share for the fourth quarter of 2014. This is the same as for the first three quarters of 2014 for this newly established company which was stock listed on NYSE June 12, 2014


Petrobras Expects 3Q Unaudited Results Jan 27

Brazil's Petroleo Brasileiro SA expects to release unaudited third-quarter financial results on Jan. 27 after a scheduled meeting of its board of directors, the state-run oil company said Wednesday in a statement.   Petrobras, as the company is known


Hyundai Heavy Plummets to Worse Loss Ever

A HHI-built LNG Carrier. (Source: HHI)

South Korea's Hyundai Heavy Industries Co Ltd, the world's biggest shipbuilder, slid to a record quarterly loss of $1.8 billion and warned it's heading for its worst-ever year as cost overruns mount up in new business lines it developed to counter a global glut of low-margin ship orders.


Mitsubishi Exits Cruise Business; Books $357m Loss

Mitsubishi Heavy Industries, Ltd. (MHI) announced its decision to book an extraordinary loss from its cruise ship business in the company's consolidated financial results for the first half (1H) of the current fiscal year (FY) 2014 (ending March 31, 2015). Reasons Behind the Extraordinary Loss


Huntington Ingalls Industries Profits up in Q3 Report

Mike Petters (Photo: HII)

Shipbuilder Huntington Ingalls Industries (HII) released its third quarter 2014 results which reported revenues of $1.72 billion, up 4.9 percent compared to the same period last year. Third quarter diluted earnings per share was $1.96, compared to diluted earnings per share of $1


Boskalis Takes a Stake in Fugro

European stocks inched higher on Monday as acquisition hopes fuelled gains for oil services firms after Dutch group Boskalis took a stake in Fugro. Fugro jumped 44 percent after sector peer Boskalis bought about 15 percent of its shares, which have lost more than half of their value since June


D/S Norden Reports Q3 Loss, Keeps 2014 Guidance

Photo: NORDEN

Danish shipping company D/S Norden reported a smaller-than-expected third-quarter operating loss on Wednesday and maintained its full-year earnings guidance. D/S Norden said its loss before interest and tax was $27.6 million in July-September, against a forecast for a loss of $33


Conrad 3Q 2014 Net Slips

Conrad Industries

  Conrad Industries, Inc.announced today its third quarter and nine months 2014 results and backlog. For the quarter ended September 30, 2014, Conrad had net income of $4.5 million and earnings per diluted share of $0.74 compared to net income of $6


OAO Sovcomflot’s 9M/Q3 2014 Results

  OAO Sovcomflot (SCF Group) today reported results for the nine months and third quarter (Q3) ended 30 September 2014.   Nine months 2014 – Financial Highlights (IFRS accounts) USD


ClassNK Launches Technical Reviews

  Accessing the latest research findings or information on new technologies and incoming regulations as they emerge can prove challenging. To help make access easier, leading classification society ClassNK (Chairman and President: Noboru Ueda) announced the release of its technical review


Petrobras Executive Extends Leave Amid Investigation

Brazil's state-run oil company Petroleo Brasileiro SA extended a leave of absence for the head of its tanker and pipeline unit, Transpetro, for 30 more days according to a filing on Friday. Transpetro President Sergio Machado stepped down temporarily on November 3 as police investigated a


Petrobras Delays Results as Corruption Scandal Grows

  Brazil's state-run oil company Petroleo Brasileiro SA said it delayed the release of its third-quarter financial results for a second time on Friday as a result of new developments in a widening corruption probe. Prosecutors on Thursday indicted executives of some of the country's


UK Detains 8 Foreign Vessels in November

The U.K.’s Maritime and Coastguard Agency (MCA) announced that eight foreign flagged ships were under detention in U.K. ports during November 2014 after failing Port State Control (PSC) inspection.   During November, there were six new detentions of foreign flagged vessels in a U.K






 
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