Financial Results
ACL Announces Earnings Release Date
American Commercial Lines Inc. (ACL) will conduct a live webcast and conference call to review and discuss its second quarter 2008 financial results on Wednesday, July 30 at 10:00 a.m. Eastern time. ACL is scheduled to release its financial results for the second quarter 2008 on Tuesday, July 29, 2008, after the close of the financial markets. A
GlobalSantaFe Corporation to Hold Third-Quarter 2004 Earnings Conference Call
GlobalSantaFe Corporation has scheduled a conference call to discuss its third-quarter financial results at 10:00 a.m. CDT (11:00 a.m. EDT) Wednesday, October 27, 2004. The financial results are scheduled to be released publicly prior to market opening on the New York Stock Exchange that same day.
Otto Marine Profit Warning
Singapore-based Otto Marine & group subsidiaries issue a warning regarding its forthcoming financial results. Otto Marine Group is expected to report a loss for the financial year ended 31 December 2012 largely due to, amongst others, the following: Losses from its subsidiary Reflect Geophysical Pte. Ltd. mainly due to low utilization of its seismic vessel; Impairment of investment and provision of doubtful debts owing to its subsidiary, Reflect Geophysical Pte. Ltd
Teekay Restated 1 & 2Q 2008 Results
Teekay Tankers Ltd. (NYSE: TNK) reported that it has restated its previously reported financial results for the first and second quarters of 2008 to adjust its accounting treatment for: - an interest rate swap agreement under the Statement of Financial Accounting Standards No. 133, Accounting for Derivative Instruments and Hedging (SFAS 133), as more fully discussed below under "Restatement for Accounting under SFAS 133"; and
General Maritime Corp. Announces 4Q Results
General Maritime Corporation announced that it will hold a conference call to discuss the Company's results for the fourth quarter and full year of 2006 on Thursday, February 22, 2006. The Company will issue financial results for the fourth quarter and full year ended December 31, 2006 on Wednesday, February 21, 2007 after the close of market trading.
Conrad Industries to Release Quarter Results
Conrad Industries, Inc. plans to release its first quarter earnings during the evening on Wednesday, May 5, 2004. Management of the Company will host a conference call on Thursday, May 6, 2004 at 9:30 a.m. CST, to discuss the Company’s financial results for the quarter ended March 31, 2004.
Matson Report Increased Operating Income in Q2 2012
Matson, Inc. announces its second quarter 2012 financial results. The financial results for the second quarter and first six months of 2012 reflect Matson's separation from its former parent corporation, Alexander & Baldwin, Inc., on June 29, 2012. The separation of Matson from A&B was originally announced on December 1, 2011. Commenting on the quarter, President and Chief Executive Officer Matt Cox said, "While we are reporting improved operating income for the second quarter
2Q Financial Results from Stratos
Stratos Global Corp. announced financial results for the second quarter ended June 30, 2006. For the quarter, the corporation reported revenue of $139.3m, a 50 percent increase compared with the $92.7m achieved in the same quarter of 2005. This growth primarily reflected the recently completed Xantic acquisition, which was consolidated with Stratos beginning February 14, 2006. The corporation also reported a net loss of $4.1m, or $0
Horizon Lines to 4Q Earnings Release Call
Horizon Lines, Inc. will release results for its 2007 fourth quarter before the opening of the market on Friday, February 1, 2008. In conjunction with this release, Horizon Lines will host a conference call, which will be simultaneously broadcast live over the Internet, beginning at 11:00 a.m., Eastern Time, that day. During the conference call, senior executives will review financial results for the 2007 fourth quarter and discuss business developments
Euroseas Declares Quarterly Dividend
Euroseas Ltd., (NASDAQ:ESEA) an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced today that the Company's Board of Directors has declared a dividend of $0.07 per common share for the first quarter of 2011. The dividend is payable on June 10, 2011 to all shareholders of record as of June 1, 2011. This is the 23rd consecutive quarterly dividend since the company accessed the capital markets in
Maersk Drilling Fast Out of the Blocks in 2013
Interim financial results for Q1 2013 show a strong start to 2013 by Maersk Drilling. With an increase in profit to USD 146 million in the first quarter of 2013 from USD 123 million in first quarter of 2012, Maersk Drilling has come off to a good start in 2013
Hapag-Lloyd Cuts Losses in Q1 2013
The company reports its earlier loss significantly reduced in first quarter 2013 financial results. Financial highlights: Freight rate up 4.2% year on year Slight increase in transport volume Revenue growth of 3.1% Loss significantly reduced
Steamship Mutual Addresses Underwriting Imbalance
Steamship Mutual released interim financial results for the year ending February 20, 2013. As with all international group clubs, underwriting performance for the year ended February 20, 2013 was adversely affected by the worst pool experience on record
Safe Bulkers Reports $44.2 Million Revenue, 1Q13 Results
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the quarter ended March 31, 2013. The Company’s Board of Directors also declared a quarterly dividend of $0.05 per share for the first quarter of 2013.
Chinese Ship Agency Reports Profit Tumble
Non-state company, Sino-Global, announces major decline in third quarter 2013 financial results, raises cash by share issue. Sino-Global is a non-state-owned provider of shipping agency services operating primarily in China. Financial highlights are as folllows:
Tidewater to Acquire Troms Offshore Supply
US Firm, Tidewater, agrees with HitecVision to purchase Norway's Troms offshore, including 5 large PSV's. Tidewater say that the acquisition of Troms Offshore, headquartered in Tromsø, Norway, will expand their global footprint into the Norwegian sector of the North Sea and supplement
Middle East Natural Gas Firm, DANAGAS, Reports Strong Growth
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, announces financial results for the first quarter ended 31 March 2013. Financial highlights: • Net profit of AED 241 million, up 17% year-on-year
Disciplined Underwriting Increases UK P&I Club Free Reserves
The UK P&I Club, one of the largest and oldest providers of mutual liability insurance to ship owners, announced its financial results for the year ended February 20, 2013. Highlights • Surplus of $9.5 million increases free reserves and hybrid capital to new high
Intelsat Reports First Quarter 2013 Results
Intelsat S.A., a provider of satellite services, reported financial results for the three months ended March 31, 2013. Intelsat S.A. reported revenue of $655.1 million and a net loss of $7.8 million, or $0.09 per share, for the three months ended March 31, 2013
Mitsui Publishes FY2012 Results.
Mitsui O.S.K. Lines, Ltd. released its FY 2012 financial results. The full report can be viewed here. www.mol.co.jp
Intelsat to Webcast 1Q 2013 Earnings Conference Call
Intelsat S.A. will hold a conference call on Thursday, May 9, 2013, at 11:00 a.m. ET to discuss its first quarter 2013 financial results and operations, which it will release that morning. Live audio webcast and earnings press release will be accessible through the Intelsat Investor Relations
MES Publishes 2012 Annual Results
Mitsui Engineering & Shipbuilding Co.,Ltd. (MES) released their financial results for FY2012. The full report can be viewed here. www.mes.co.jp
Greece's Box Ships Report Q1 Profit, Look to Growth
Container ship owners Box Ships Inc. release their financial results for the quarter ended March 31, 2013. Mr. Michael Bodouroglou, Chairman, President and Chief Executive Officer of Box Ships Inc., commented on the report: "Our sector is expected to remain under pressure through the
A Container Ship Owner Who Got 2012 Right
"As we close the 2012 books, we have every reason to be satisfied with the Trust’s positive results," says Rickmers chairman. Extracts from chairman, Bertram R.C. Rickmers's letter to shareholders in the recently released 2012 financial report:
US Shipbuilder Holds Course in 2012
Conrad Industries announces its 2012 financial results and also the addition of new business during Q1 2013. For the quarter ended December 31, 2012, Conrad had net income of $8.0 million and earnings per diluted share of $1.33 compared to net income of $6