Quarter Results

Hvide Marine Announces Second Quarter Results

Hvide Marine Incorporated, Fort Lauderdale, Fla., reported a net loss of $23.7 million for the quarter ended June 30, 1999. These results reflect a loss of $14.1 million on the sale of assets. Last year, Hvide held a net income of $9.5 million. Revenues of $78.3 million for the 1999 quarter were down 28 percent from the previous year's figure of $109.3 million, which reflects the falloff in day rates and utilization for the company's fleet of offshore energy support vessels.


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.


R&B Falcon Reports 4Q Results

R&B Falcon Corporation reported net income for the fourth quarter of 1998 of $15.1 million, on revenues of $228.7 million as compared to a net loss of $124.1 million, on revenues of $266.7 million for the same period in 1997. Fleet utilization and average dayrates both declined when comparing the fourth quarter of 1998 to the third quarter of 1998. The drop and continued downward pressure on the price of oil has contributed to the results of operations


Transcoastal Marine Third Quarter Results Reported

TransCoastal Marine Services, Inc. reported revenues of $25.7 million for the quarter ended September 30, 1999 compared to revenues of $44.9 million for the same quarter in 1998. The company also reported a net loss for the same quarter of $5.5 million or $.49 a share. This compares to net income of $964,000 or $.10 per share for the third quarter of 1998. Third quarter 1999 results include a special pretax charge of about $1


Royal Caribbean Announces Third Quarter Results

Royal Caribbean Cruises Ltd. announced net income for the third quarter of $159.2 million Third quarter earnings were negatively impacted by $21.3 million due to lost revenues and extra costs directly associated with passengers not being able to reach their departure ports during the weeks following September 11. Also included in the reported results is an additional $15.4 million in costs associated with business decisions taken in the aftermath of the attacks


Cal Dive Wins GoM Subsea Pipeline Contract

Cal Dive International awarded an EPIC contract by Pemex Exploración y Producción; updates Q1 2013 expectations. The contract is for the engineering, procurement, installation and commissioning (EPIC) of 12 kilometers of eight-inch subsea pipeline and associated tie-ins on four existing platforms located in the Abkatun-Pol-Chuc Field in the Bay of Campeche. It is expected to generate total revenue of approximately $63 million and will utilize three of the Company’s


Kirby Corp Record 2008 Results

Kirby Corporation (NYSE:KEX) announced record net earnings for the fourth quarter ended December 31, 2008 of $38.4m, or $.72 per share, compared with net earnings of $34.4m, or $.64 per share, for the 2007 fourth quarter. The 2008 fourth quarter net earnings included a $6m before taxes, or $.07 per share, increase in Kirby's allowance for doubtful accounts. Consolidated revenues for the 2008 fourth quarter were a record $326.7m, an increase of 6% over the $307


Kirby Comments on an Announcement

Recent announcement by a customer is anticipated to have minimal impact on petrochemical volumes transported 2008 second quarter and year earnings guidance confirmed Kirby Corporation commented on a recent public announcement by a major petrochemical customer which plans to temporarily idle or reduce production of some products it manufactures at locations in the and . Kirby anticipates a minimal impact on petrochemical volumes transported for that customer.


Trailer Bridge Reports 3Q Financial Results

Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) reported financial results for the third quarter ended September 30, 2007, summarized by revenue of $28.2m, an operating ratio (operating expenses/revenue) of 90.2% and net income of $0.4m, or $0.03 per share. The Company's third quarter results were negatively impacted by the startup of the Company's new service, which is estimated to have incrementally reduced net income by $0


Kirby Reports Record 3Q

Kirby Corporation announced record net earnings for the third quarter ended of $25.6m or $.48 per share, compared with $17.2m or $.34 per share, for the third quarter of 2005. The 2005 third quarter results included an estimated $.05 per share negative impact from Hurricanes Katrina and Rita. Consolidated revenues for the 2006 third quarter were $264,612,000, a 33% increase compared with $198,741,000 for the 2005 third quarter.


Second Consecutive Decline for Stifel Logistics Confidence Index

The Stifel Logistics Confidence Index continued its downward trend in May as it fell for the second consecutive month. Compiled by Transport Intelligence, the overall index, which combines the current situation with future expectations, was down 0.8 points from April to 50.7 in May and was 1


Stolt-Nielsen Limited Reports Results

Photo: Stolt-Nielsen

Stolt-Nielsen Limited reported unaudited results for the first quarter ended February 28, 2013.    Net profit attributable to SNL shareholders in the first quarter was $1.5 million, with revenue of $519.4 million, compared with $18.2 million, with revenue of $510


Kirby Announces 4Q & 2012 Year Financials

Kirby Corporation today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2012 of $57.9 million, or $1.03 per share, compared with $56.2 million, or $1.00 per share, for the 2011 fourth quarter.  Revenues for the 2012 fourth quarter were $512


Tsakos Energy Financial Results

Nine new charters with minimum revenue of $220 million over a 2.4 year period Operating income at $11.9 million (a 159% increase) Nine-Month Hightlights Voyage revenues of $293.7 million Positive EBITDA generated from all operational ships totalling $87.7 million


Maersk Drilling Reports Q3 2012 Less Profitable

In its interim third quarter financial report the company says it remains on track to attain its long-term profit target. Maersk Drilling’s profit in the third quarter 2012 was US$ 87-million compared to US$ 139-million in the third quarter of 2011


Brazil's Wilson Sons Report Strong Q3 2012 EBITDA

Port & maritime logistics services providers Wilson Sons Ltd. records record EBITDA of US$ 47.4-million in the third quarter of 2012. Highlights: The Company recorded Net Revenues of USD 157.5-million and record EBITDA of USD 47.4-million in the third quarter of 2012.


Reliability at Ship and Box Level Down Slightly in Q3

Container service reliability across all trades fell marginally in the third quarter with the percentage of on-time ship arrivals dropping to 73.5%, down from the record high of 75.7% set in the second quarter, according to Drewry’s quarterly report Carrier Performance Insight.


NOL Reports $50 Million Profit

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Increased operational efficiency, better market conditions boost Group’s performance.   NOL Group  reported net earnings of $50 million for the third quarter of 2012, a $141 million turnaround from the $91 million net loss in the third quarter of 2011


LNG Carrier Owners GasLog Report Q2 2012 Results

GasLog Ltd., owner, operator & manager of liquefied natural gas (“LNG”) carriers, reports financial results for second quarter 2012. GasLog’s fleet consists of 10 wholly-owned LNG carriers, including two ships delivered in 2010 and eight LNG carriers on order


Conrad Announce Q2 2012 Financial Results & Backlog

Conrad Industries, Inc. headquartered in Morgan City, Louisiana announce favourable second quarter results. Conrad Industries, Inc. designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel and aluminum products for both the commercial and


Aker Solutions Report Growth in All Segments

Aker Solutions ASA: Second quarter results 2012. Aker Solutions' operating revenues were NOK 11.9 billion in the second quarter and NOK 21.7 billion for the first six months of 2012. The latter is 33 per cent higher that the same period in 2011


Huntington Ingalls Industries Reports Strong 2Q Results

Huntington Ingalls Industries Reports Strong Second Quarter Results; Significant Progress on Key Programs.   • Revenues were $1.72 billion for the second quarter 2012 • Segment operating margin improved to 7.4 percent from 6.3 percent in Q2 2011


SEACOR Holdings 2Q 2012 Results

SEACOR Holdings Announces Results for the Second Quarter Ended June 30, 2012.   SEACOR Holdings Inc. (NYSE: CKH) announced its results for the second quarter ended June 30, 2012. Net income attributable to SEACOR Holdings Inc. for the quarter ended June 30, 2012 was $11.2 million, or $0


A Shipowner Yielding Good Returns

SFI Tankship: Photo credit SFI

Bermuda/Oslo based shipowners Ship Finance International (SFL) is still expanding its fleet and rewarding shareholders with a huge yield Ship Finance International Limited is a major vessel owning company listed on the New York Stock Exchange


Bourbon Reports Q1 2012 Revenue Growth

Bourbon Vessel: Photo credit Bourbon

Bourbon reports benefits of a booming market in the offshore & gas marine services sector in its 2012 first quarter results "Bourbon is reaping the benefits of a booming market in the offshore oil & gas marine services, encouraged by the stability of the price of Brent (an average of


 
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