Carnival Corp, the world's largest cruise operator, said its quarterly profit more than doubled as costs fell. Net income rose to $106 million, or 14 cents per share, in the second quarter ended May 31, from $41 million, or 5 cents per share, a year earlier. Excluding items, the company earned 10 cents per share. Revenue rose 4 percent to $3.63 billion. (Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Don Sebastian)
Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2013. For the three months ended June 30, 2013, the company had an adjusted net income of $3.6 million, or $0.03 basic and diluted earnings per share, excluding a $0.3 million, or $0.00 per share of unrealized gain on derivative financial instruments. Including the unrealized gain on derivative financial instruments, the company had net income of $4 million, or $0.03 basic and diluted earnings per share
Teekay Corporation reported net income of $15.2m, or $0.21 per share, for the quarter ended March 31, 2008, compared to net income of $76.4 million, or $1.02 per share, for the quarter ended March 31, 2007. The results for the quarters ended March 31, 2008 and 2007 included a number of specific items (predominantly unrealized losses relating to foreign exchange translation and interest rate swaps) that had the net effect of decreasing net income by $45.6 million, or $0.62 per share, and by $7
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced its results for the fourth quarter of 2009 and year ended December 31, 2009. Fourth Quarter 2009 Highlights: - Net loss of $16.3 million or $0.53 loss per share basic and diluted on total net revenues of $16.5 million. The results include a $9.0 million loss from the sale of two vessels
Excel Maritime Carriers Ltd and Quintana Maritime Limited announced that Excel has agreed to acquire Quintana pursuant to a definitive merger agreement whereby Quintana would become a wholly owned subsidiary of Excel. Excel will pay $13.00 per share in cash per share of Quintana common stock and 0.4084 shares of Excel Class A common stock per share of Quintana common stock. In the event the average closing price of Excel’s Class
Singapore Technologies Engineering Ltd (ST Engineering) announced today that its land systems arm, Singapore Technologies Kinetics Ltd has injected S$4.2m (equivalent to INR200m) into its wholly owned subsidiary, SDG Kinetics Pte Ltd (SDGK), for flowthrough capital injection into LeeBoy India Construction Equipment Private Limited (LeeBoy India) to provide working capital for LeeBoy India’s operations in India.
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and a provider of seaborne transportation for drybulk and containerized cargoes, announced that it has declared a dividend of $0.29 per common share for the third quarter of 2007. The dividend is payable on November 28, 2007 to all shareholders of record as of November 5, 2007. This dividend marks an increase of 16% from the prior quarter's dividend of $0.25 per share.
Teekay Corporation (Teekay or the Company) (NYSE:TK) reported an adjusted net loss attributable to stockholders of Teekay(1) of $21.8 million, or $0.30 per share, for the quarter ended June 30, 2009, compared to adjusted net income of $77.1 million, or $1.05 per share, for the same period of the prior year. Adjusted net income (loss) attributable to stockholders of Teekay excludes a number of specific items which had the net effect of increasing net income by $181.2 million (or $2
Maritrans Inc., announced its third quarter financial results. Net income for the quarter ended September 30, 2006 was $4.0 million, or $0.33 diluted earnings per share, on revenues of $49.2 million. This compares with net income of $6.4 million, or $0.74 diluted earnings per share, on revenues of $44.9 million for the quarter ended September 30, 2005. For the third quarter ended September 30, 2006, net income included the reversal of an income tax reserve of $1.3 million, or $0
Greece-based shipowners, Costamare Inc., report financial statement 2Q & 6 month period ending 30, June 2012 Mr. Gregory Zikos, Chief Financial Officer of Costamare Inc., commented: "During the second quarter of the year, the Company continued to deliver positive results. "In May we accepted delivery of two 1998-built, second hand vessels, which replaced two 1984-built vessels in their respective charter arrangements; for an incremental cost of approximately six million per
* Frontline achieved net income attributable to the Company of $17.4 million, or $0.09 per share, for the third quarter of 2015 and net income attributable to the Company of $65.9 million, or $0.42 per share, for the nine months ended September 30, 2015.
Nordic American Tankers (NAT) has increased its shareholding in Nordic American Offshore (NAO) in an effort to shore up investor confidence in the latter. NAT bought 1,521,300 shares increasing its stake to 6,018,280 shares — 26.5% of NAO’s total shares for $9.5m, or $6
Tidewater Inc. announced that its Board of Directors declared on November 12, 2015, a quarterly cash dividend of $0.25 per share of common stock payable December 15, 2015, to shareholders of record on December 4, 2015. Tidewater is the leading provider of Offshore Service Vessels (OSVs)
The Board of Directors of Vard Holdings Limited would like to announce that the Company has invested a total of NOK 0.027 million in its indirectly held subsidiary, Vard Tulcea SA (“Tulcea”), thereby increasing the shareholding in Tulcea to 100%.
On 4 November 2015, the Board of Directors of Aker Philadelphia Shipyard ASA resolved to pay a dividend to the shareholders of AKPS as of expiry of 10 November 2015, of USD 0.25 per share, in aggregate USD 3,026,975.25. The dividend is classified for accounting purposes as a repayment
Caterpillar Inc.today announced profit per share of $0.62 for the third quarter of 2015, a decrease from $1.63 per share in the third quarter of 2014. Excluding restructuring costs, profit per share was $0.75, down from $1.72 per share in the third quarter of 2014
The Board of Directors of Caterpillar Inc. voted today to maintain the quarterly cash dividend of seventy-seven cents ($0.77) per share of common stock, payable November 20, 2015, to stockholders of record at the close of business on October 26, 2015.
The Board of Nordic American Tankers Limited has declared a cash dividend of $0.38 per share to shareholders of record October 29, 2015. The dividend is expected to be paid on or about November 12, 2015. The 3Q2015 earnings report is expected to be released Wednesday November 11
Scorpio Bulkers Inc. announces purchase of 1,436,352 common shares by Scorpio Services Holding Limited Dry bulk commodities shipper Scorpio Bulkers Inc. announced today that Scorpio Services Holding Limited has purchased an aggregate of 1,436
Go Offshore, wholly-owned subsidiary of Otto Marine has entered into an agreement for two long-term anchor handling tug supply (AHTS) charter contracts worth USD25.2 million with a large oil and gas company. The two contracts are in respect of two 16
ASL Shipyard Pte Ltd. a wholly-owned subsidiary of ASL Marine Holdings Ltd., has secured new shipbuilding contracts worth approximately S$140 million for the construction of a series of tugs and barges, the company’s board of directors announced Thursday.
Shipbuilder Austal Limited announced it has delivered record revenue and record earnings for the year ended June 30, 2015, with Net Profit After Tax (NPAT) of $53.2 million, a 66.8 percent increase on FY2014. Austal’s best result in its 27-year history was generated from revenue of
Dry bulk commodities shipper Scorpio Bulkers Inc. announced today that Scorpio Services Holding Limited purchased an aggregate of 500,000 common shares of the company in the open market last week at an average price of $1.71 per share.
Clarkson PLC, world’s leading shipping services group, reported robust performance during the six months ended 30th June 2015. Summary Robust performance despite continued challenging market conditions in some of our markets
Dutch engineering services company Royal Imtech has been declared bankrupt and its Marine and Nordic divisions are being sold to private investors, the company and its administrators said on Thursday. Imtech, which employs 22,000 people in 35 countries and has annual sales of roughly 4