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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


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,


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


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.


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.


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


Drillsearch Discovers Gas at Varanus South-1

Western Cooper Wet Gas Project Areas

Drillsearch Energy Limited announced a new wet gas discovery on the Western Cooper Wet Gas Fairway of the Cooper Basin. The Varanus South-1 well in PEL 513 (Drillsearch 40% and Santos 60% and Operator) is the first well to be drilled by Santos and Drillsearch under the joint venture between the


COSCO to Build Livestock Carrier

Cosco to Build Livestock Carrier

  The Board of Directors of COSCO Corporation (Singapore) Limited have informed that COSCO (Guangdong) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd, has secured a contract valued at approximately USD30 million from a European


Egypt to Tender for Second LNG Terminal

Egypt will launch a tender for a second liquefied natural gas (LNG) import terminal in the coming weeks, which could help address the country's ongoing energy crisis, a source at the state gas board said on Tuesday. High consumption, along with foreign firms' reluctance to invest in the sector


EGAS Tenders for as many as 48 LNG Cargoes

Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior official at EGAS confirmed that there was a tender for multiple LNG cargoes during Egypt's 2015/16 financial year


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


Brazil's OSX Posts Third-quarter Loss of $62m

OSX Brasil SA, the bankrupt shipbuilder controlled by Brazilian tycoon Eike Batista, posted a net loss of 160.8 million reais ($61.8 million) in the third quarter, the company said in a securities filing on Friday. OSX reported a net loss of 1.77 billion reais in the same period last year.


Boskalis Raises Full-year Profit Forecast

Image

  Q3 TRADING UPDATE - HIGHLIGHTS Good third quarter with sizable financial settlements on old projects Order book increased slightly to EUR 3.3 billion 2014 OUTLOOK Market conditions remain challenging Good second half-year expected


Essar Ports Q2 FY15 Net Profit Up

Essar Ports develops and operates ports and terminals and is one of the largest private sector port companies in India

  Essar Ports Ltd. (Essar Ports), part of the Essar, today announced its unaudited results for the quarter ended September 2014. Highlights of Consolidated Results: *Revenue for the quarter increased by 1% at Rs. 435.3 crore as against Rs. 431


Transocean's Fleet Update Summary

Discoverer Seven Seas

 Transocean Ltd. 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 October 15, 2014.  The total value of new contracts since the October 15


HII Announces Pricing of 5% Senior Notes Due 2021

Photo courtesy of Huntington Ingalls Industries

Huntington Ingalls Industries, Inc. (HII) announced today that it will sell $600 million aggregate principal amount of 5% senior notes due 2021 at a price of 100% of the par value. The company said it intends to use the net proceeds from the sale of the notes to pay the consideration for the


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


Rates Increase Boosts Diana Containerships Q3 Income

Cap Doukato (Photo: Diana Containerships)

Diana Containerships Inc. reported net income of $1.4 million for the third quarter of 2014, compared to a net loss of $0.7 million for the respective period of 2013.    Time charter revenues, net of prepaid charter revenue amortization, were $13 million for the third quarter of 2014


Navios Revenue Up 25% in 3Q 2014

  Highlights of Navios Maritime Holdings Inc. Financial Results for the Third Quarter and Nine Months Ended September 30, 2014: Revenue 25% increase to $152.6 million for Q3; 10% increase to $420.2 million for nine months EBITDA 5% increase to $42.4 million for Q3;


Hoegh Sees Tough Market until 2016-2017

Oslo-listed liquefied natural gas (LNG) shipper Hoegh LNG reported third-quarter earnings below expectations on Wednesday and said its market could remain challenging for the next two to three years due to an oversupply of vessels. Hoegh, which operates LNG carriers and regasification units






 
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