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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


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.


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,


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


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.


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


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


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


STEALTHGAS 2Q And 1H 2014 Results

STEALTHGAS VESSEL

  STEALTHGAS INC. a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, released today its unaudited financial and operating results for the second quarter and six months ended June 30, 2014. Second Quarter 2014 Results:


CMA CGM Continues Expansion, Confirms Profits

Photo: CMA CGM

The Board of Directors of CMA CGM Group, the world’s third largest container shipping company, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to review the financial statements for the second quarter of 2014.


SBM Offshore Completes Real Estate Divestment

Logo

  SBM Offshore is pleased to announce that is has completed the sale and lease back of its Monaco real estate portfolio.  The last of the three buildings was sold for approximately US$62 million net of expenses, resulting in a book profit of approximately US$58 million.


Russia's Shipping Major Reports Strong 1H 2014

Tankship: Photo SCF

OAO Sovcomflot (SCF Group), Russia’s largest shipping company and a global leader in seaborne energy transportation and offshore services, has announced its financial and operating results for the six months ended 30 June 2014.   Highlights:


Prosafe Q2 Earnings Below Expectations

Offshore accommodation rig provider Prosafe reported second-quarter earnings below expectations on Thursday and said that its short-term market outlook is weaker as oil firms cut back on exploration spending. Prosafe's operating profit fell 20 percent to $55 million


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 July 16, 2014. The total value of new contracts since the July 16


Container Manufacturer Reports Profit Plunge

Container stack: File photo

World-leading container manufacturer and logistics services provider Singamas Container Holdings Limited (Singamas) has  announced its unaudited interim results for the six months ended 30 June 2014. Net profit were down almost 52 per cent to US$13


Höegh LNG - Interim results for quarter ended 30 June 2014

  Höegh LNG reported USD 32.3 million in total income in the second quarter 2014, down from USD 42.7 million in the second quarter 2013. The decrease is mainly due to USD 16.2 million lower construction contract revenues. "We reached an important milestone when the complex FSRU


CMB Cancels Order with S.Korean Shipbuilder

Photo: CMB

Belgian dry bulk shipping group CMB said on Tuesday it had cancelled an order for four vessels with South Korean shipbuilder Samjin set to be delivered in 2014. CMB, which added that the shipbuilder was not able to deliver the four handysize vessels on time


Seadrill's Q2 2014 Revenue Holds Nearly Steady

Drill ship: Photo courtesy of Seadrill

Revenues for the second quarter of 2014 were US$1,222 million compared to US$1,221 million in the first quarter of 2014, according to the company's financial report. Operating profit for the quarter was US$476 million compared to US$890 million in the preceding quarter


Shanghai Port's Q2 Profit Down; China Trade Flagging

Shanghai International Port , the operator of the world's busiest container port, reported earnings on Wednesday that showed its second-quarter net profit fell 2.5 percent in a sign of slowing trade in China. Shanghai Port said in a Chinese-language filing on the Shanghai stock exchange that


Piraeus Port Posts Flat Profit, Sales Dip

Photo: Piraeus Port Authority

Greece's Piraeus Port (OLP) , the largest in the country, said its first-half net profit was almost unchanged from the same year-ago period, while sales fell. Piraeus Port, which is privatisation, is one of the busiest passenger ports in Europe


First N.American Boat Powered by Volvo Penta IPS

Photo courtesy of Volvo Penta IPS

Thomas Paine, the new 50-ft. aluminum patrol boat that joined the Massachusetts Environmental Police fleet in July, is the first commercial vessel in North America to be powered by Volvo Penta IPS propulsion. Built by Metal Craft Marine Inc


Oceanteam Focuses on Mexico Strategy

OSV: Image courtesy of Oceanteam

Oceanteam Shipping ASA releases its Q2 2014 financial report, with extracts as follows: The company says it saw, with its early focus on Mexico, a long term strategy confirmed: its newly founded DOT Shipping partnership with Grupo Diavaz and the subsequent approval of the Mexican Energy Reform


Tullow Oil Exploration and Appraisal Update in Kenya

Tullow Oil exploration and appraisal update in Kenya

Tullow Oil plc announces the successful results from a series of exploration, appraisal and testing activities conducted in Blocks 10BB and 13T onshore Kenya. Etom-1 exploration well The Etom-1 well in Block 13T is the most northerly well drilled to date in the South Lokichar basin, 6






 
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