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W. Palm T-Ball Flies “Maritime Reporter” Flag

The Maritime Reporter 6U T-ball team.

After 75 years another first: An MR-sponsored 6U T-Ball Team West Palm Beach - The boys of summer are now proudly wearing the red & black of Maritime Reporter. With this publication’s backing, a 6U T-ball team is setting course for a championship. This fleet of tiny titans drops anchor at Phipps Park in West Palm Beach each weekend, followed by a flotilla of fans. The boys, some of whom have played together for three seasons running, are seeing their hard work pay off. New to the squad, first baseman Robert Howard is formidable at the plate and has a glove like a gill net. Anything but an ordinary average guy, pitcher Joe Walsh holds down the center of the infield, while shortstop Yampiel Chavez provides speed, range and power. Utility man Gus Doskey has never seen a base he didn’t want to slide into. Simon Fox comes from a long line of baseball-playing brothers and can play any position on the field, and Brian “Big B” Fowler provide depth at second and third, while free spirit Harrison Warwick handles the catching duties. In the outfield it’s brotherly love when Angel Perez and James Perez-Gomez hustle to the ball. To be fair, they’ve also been known to fight over it. The family affair continues with Bud Miller, Walsh’s cousin, who is the resident roughneck, and has the scars to prove it. Rounding out the group is Mr. Nice Guy Samuel Mojica, a gentle soul and man-child of few words who lets his bat do the talking


BASS Prepares Agenda For Sea Japan

BASS will be exhibiting at the Sea Japan exhibition on April 10-12 in Tokyo, Japan. Jointly organized by CMP Japan Co., Ltd and The Seatrade Organization, Sea Japan 2002 will showcase a total of over 250 companies from 27 countries and regions. Software demonstrations will be shown throughout the exhibition period. Representatives from the company will also share customer case studies with visitors. BASS together with its Japanese sales agents; Aall & Co


U.K. Property Tax Changes Affect Shipping Interests

Photo: Moore Stephens

International accountant and shipping consultant Moore Stephens said many overseas companies, including some connected to shipping interests, will be among those affected by draft legislation from the U.K. government proposing changes to the taxation of U.K. residential property valued at £2m or more. Among other things, companies resident outside the U.K. will, for the first time, be liable to capital gains tax (CGT) on such property, with effect from April 6, 2013.


General Maritime Corp. Announces 3Q Results

General Maritime Corporation reported its financial results for the three and nine months ended September 30, 2006. Financial Review: 2006 Third Quarter The company had net income of $24.0m, or $0.78 basic and $0.76 diluted earnings per share, for the three months ended September 30, 2006 compared to net income of $7.2 million, or $0.19 basic and $0.19 diluted earnings per share, for the three months ended September 30, 2005


Royal Caribbean Sees Record Revenues

Royal Caribbean Cruises Ltd. announced a net loss for the fourth quarter of 2005 of $3.6 million, or $0.02 per share, compared to a net loss of $25.8 million, or $0.13 per share, for the fourth quarter of 2004. Revenues for the fourth quarter of 2005 increased 6.7% to $1 billion from revenues of $964.6 million in the fourth quarter of 2004. Gross Yields and Net Yields for the fourth quarter of 2005 increased 6.1% and 8.2%, respectively, from the fourth quarter of 2004


Stolt Offshore Restates Second Quarter Earnings

Stolt Offshore S.A. has restated its second quarter and six-month results as a result of two accounting adjustments. The adjustments have a positive impact on the Company's net income of $1.4 million. The net income for the quarter ended May 31, 2002 is now $4.8 million, or $0.06 per share, on net operating revenue of $333.4 million. For the six-month period ended May 31, 2002, the Company now reports a net profit of $5.1 million, or $0.06 per share,


Boston Whaler Commemorates September 11

Boston Whaler Commercial & Government Products participated in the Sept. 11 "Bridge of Hope" event in Ormond Beach, Fla. The ceremony was held to mark the one-year anniversary of the terrorist attacks of Sept. 11, and to commemorate and honor those who lost their lives. Boston Whaler Commercial & Government Products donated the use of a 25-ft. Guardian fireboat to the City of Ormond Beach, which sponsored the commemoration.


Tidewater Reports Q1 2010 Results

Tidewater Inc. (NYSE:TDW) announced first quarter net earnings for the period ended June 30, 2009, of $44.5m, or $0.86 per share, on revenues of $326.6m. Included in net earnings for the June 2009 quarter is a non-cash charge totaling $48.6m ($47.7m after-tax, or $0.93 per common share) related to the company’s Venezuelan operations. As a result of the seizure of 11 vessels and certain other assets during the June quarter in Venezuela pursuant to a May 2009 Venezuelan law and the


Quintana Maritime Ltd. Reports 3Q Results, Dividend

Quintana Maritime Limited (NASDAQ: QMAR), a leading international provider of dry bulk transportation services, announced its operating and financial results for the three months and nine months ended September 30, 2007. Highlights include: initiated strategic review process to enhance shareholder value; increased net revenues by approximately 156% to $64.0m from $ 25.0m in the third quarter of 2006; increased Adjusted Net Income by approximately 262% to $22.1m from $6


Stolt Offshore 4Q and Full Year Results

Stolt Offshore S.A. reported results for the fourth quarter and the year ended November 30, 2001. The net loss for the latest quarter was $2.0 million, or $0.02 per share, before the write off of certain intangible assets relating to the Comex name of $7.9 million, and $9.9 million, or $0.11 per share after the intangible write off, on net operating revenue of $417.3 million, compared with net loss of $2.3 million, or $0.03 per share, on net operating revenue of $299


Wärtsilä Expects 5% Sales Growth

Wärtsilä announced its third quarter results, reporting that it sees good development in order intake and profitability. According to Wärtsilä, third quarter highlights include Order intake increased 21% to €1,309 million (1,086)


Yara Reports Strong 3Q Results

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 Yara International ASA delivered strong third-quarter results, with record fertilizer deliveries and continued margin benefit from lower European gas price. "Yara reports a strong third-quarter result with record deliveries, reflecting both organic growth and the Bunge acquisition in


New Research Vessel Delivered on the Great Lakes

Arcticus

The new oceanographic research and fisheries assessment vessel, Arcticus, completed her sea trials and was delivered to the U.S. Geological Survey's Great Lakes Science Center on October 17. The Arcticus, designed by JMS Naval Architects (JMS) and constructed at Burger Boat Company


TRIYARDS Buys into Aluminium Shipbuilding Expertise

Built by Strategic Marine

  TRIYARDS Holdings Limited, an offshore vessel fabrication and engineering solutions provider to the oil and gas (O&G) industry, has added new capabilities, products and clients with its latest acquisition of experienced shipbuilding and fabrication companies


Video: New Channel Established on Atchafalaya River

USCG photo

The U.S. Coast Guard (USCG) helped establish Crewboat Cut as a new federal channel in the Atchafalaya River near Morgan City, Wednesday. The new waterway is intended to be safer for mariners, will shorten travel time and save millions of dollars in annual dredging costs.


Transocean to Raise Money with Caledonia Offshore Offering

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced that Transocean Inc., its wholly-owned subsidiary, intends to proceed with an unregistered offering of shares of Caledonia Offshore Drilling Company, a wholly owned subsidiary of Transocean, in connection with an offering being made to eligible


Diana Containerships Takes Delivery of YM Great

Diana Containerships, a global shipping company specializing in the ownership of containerships, has announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v “YM Great”, a 2004-built Post-Panamax container vessel of 5


Frontline & TI form new VLCC Company

Frontline Management (Bermuda) Ltd., and Cyprus-based Tankers International LLC (TI) have started a new company named VLCC Chartering Ltd.,

  Frontline Management (Bermuda) Ltd. and Tankers International LLC (TI) today announced the formation of a new company, VLCC Chartering Ltd ('the Company').  The aims of the Company will be: *to create a larger fleet with more flexibility and more options for cargo owners and a


DryShips: Public Offering of Its Senior Secured Notes

DryShips Inc. announced today that it intends to offer senior secured notes due 2017 (the “Notes”) pursuant to its effective shelf registration statement. The Company expects to use the net proceeds of the offering to refinance, in part


WCI to Move Offices to Washington DC

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In an effort to better facilitate WCI’s lobbying work on Capitol Hill, we will be moving offices from Arlington, Virginia to 499 S. Capitol Street, SW, Suite 401, Washington, DC  20003 on Wednesday, October 1. After October 1, WCI’s new numbers will be:


Euroseas Announces $5m Share Repurchase Program

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Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, has announced that its board of directors has approved a share repurchase program for up to a total of $5 million of the company's common


Dynagas Partners Announces LNG Carrier Acquisition

Dynagas LNG Partners LP, an owner and operator of LNG carriers, has announced that it has entered into an agreement to purchase from Dynagas Holding Ltd., the partnership's sponsor, 100% of the ownership interests in the entity that owns and operates the Yenisei River


Cloud Data for Real-time Vessel Monitoring

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Chetco Digital Instruments (CDI) has partnered with Telemetryapp.com to offer a complete vessel monitoring and data visualization system based on cloud data services. By integrating CDI’s HelmSmart.net vessel data acquisition and storage service with Telemetryapp’s data board


COSCO Corpn Wins $ 230 mi Contracts

  The Board of Directors of COSCO Corporation (Singapore) Limited announced that shipyards, which are subsidiaries of the Company’s 51% owned subsidiary COSCO Shipyard Group Co., Ltd, have secured contracts valued at approximately USD230 million to build one (1) Floating Accommodation


Transocean: Fleet Update Summary

Transocean Ltd. today issued a monthly fleet update summary which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since August 21, 2014. According to the update






 
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