Quarterly Cash
ENSCO International Incorporated Announces Cash Dividend
ENSCO International Incorporated announced that the company's Board of Directors declared a regular quarterly cash dividend of $0.025 per share of ENSCO common stock. The cash dividend will be paid on December 15, 2004, to stockholders of record on November 30, 2004.
Omega Reports 2Q Results
Omega Navigation Enterprises, Inc., a provider of global marine transportation services focusing on product tankers, announced today its financial and operational results for the second quarter ended June 30, 2007. The company had previously announced the declaration of its quarterly cash dividend with respect to the second quarter of 2007 of $0.50 per share payable on August 31, 2007 to stockholders of record on August 17, 2007.
Arlington Tankers Announces Results
Arlington Tankers Ltd. (NYSE: ATB) announced financial results for the third quarter and the nine months ended September 30, 2007. For the quarter ended September 30, 2007, the Company's total revenues were $17.5m, consisting of $16.5m in basic vessel charter hire and $1.0m in additional charter hire that the Company received under its profit sharing arrangements. On the basis of the third quarter results, Arlington's Board of Directors has declared a cash dividend of $0.59 per share.
DryShips Reports 4Q Results
DryShips Inc announced its unaudited financial and operating results for the fourth quarter and twelve months ended December 31, 2007. Financial Highlights include: • For the fourth quarter of 2007 the Company reported Net Income of $195.2 million or $5.37 per share. Included in the fourth quarter results is a capital gain on the sale of 1 vessel of $31.5 million or $0.87 per share. Excluding this gain, Net Income would amount to $163.7 million or $4.50 per share.
Crude Carriers Corp. Q4 Report & Divident
Highlights: · Declared a cash dividend of $0.30 per share for the fourth quarter of 2010 · Reported fourth quarter net profit of $2.4 million or $0.15 per share (‘EPS’). · Earned average Time Charter Equivalent (‘TCE’) of $26,575 per day for the two Very Large Crude Carriers (‘VLCCs’) and $23,826 per day for the three Suezmaxes in the Company’s fleet.
Globus Maritime Limited Reports Financial Results
Globus Maritime Limited (NASDAQ: GLBS), a dry bulk shipping company, reported its unaudited consolidated operating and financial results for the three-month period ended March 31, 2011. The Company also declared a quarterly cash dividend of $0.16 per share for the three-month period ended March 31, 2011. This is the third quarterly cash dividend declared by the Company’s Board of Directors since the listing of its common shares on the NASDAQ Global Market in November 2010
TOP Tankers to End Quarterly Dividends
Oil and petroleum shipping company TOP Tankers Inc. said Thursday it will stop paying regular quarterly dividends, but said its board declared a special dividend of $2.50. The Athens-based company said the special dividend is payable April 25 to shareholders of record on April 17. The company's regular quarterly dividend was 21 cents, or 84 cents a year. Shares of the company fell 41 cents, or 3.3 percent, to $11.75 in morning trading on the Nasdaq, falling past its prior 52-week low of $11.80
Crude Carriers Q2 Results
Crude Carriers Corp. (NYSE: CRU) reported its financial results and declared a cash dividend of $0.50 per share for the second quarter ended June 30th, 2010. These results are based on 267 total fleet available days due to the staggered delivery schedule of the vessels to the company during the quarter. Had all five vessels that comprised the company’s fleet at the end of June 2010 been delivered at the beginning of the quarter, total fleet available days would have been 455
General Maritime Refinancing Initiative
Refinancing Initiatives Strengthen Company's Balance Sheet and Capital Structure NEW YORK, May 9, 2011 /PRNewswire via COMTEX/ -- General Maritime Corporation (NYSE: GMR) announced today that it has completed the syndication of an Amendment of its 2005 revolving credit facility of $550 million and $200 million payment-in-kind toggle floating rate secured notes ("Secured Notes") with Oaktree Capital Management L.P. ("Oaktree")
Teekay Tankers Reports Q1 Results
Teekay Tankers Ltd. (NYSE: TNK) - Highlights Teekay Tankers Ltd. (Teekay Tankers or the Company) today reported its first quarter results for 2011. During the quarter, the Company generated $15.7 million in Cash Available for Distribution(1). Today, Teekay Tankers declared a dividend of $0.25 per share(2) for the first quarter of 2011, which will be paid on May 27, 2011 to all shareholders of record on May 20, 2011
Somalia Counter-piracy Initiative Wins Cash
Somalia wins extra cash, military aid, at the recent London donor summit. Britain will help boost radio communications on the Somali coast to combat piracy that the World Bank has estimated costs the world economy $18 billion despite the dramatic drop in incidents so far this year
Jaya Reports $4 Million Net Profit for 1Q 2013
Jaya Holdings Ltd. reported consolidated revenue of $24.8 million and net profit of $4.0 million for the financial quarter ending March 31, 2013. The group’s total revenue for the quarter under review was $24.8 million, 53% higher than the previous corresponding quarter
Middle East Natural Gas Firm, DANAGAS, Reports Strong Growth
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, announces financial results for the first quarter ended 31 March 2013. Financial highlights: • Net profit of AED 241 million, up 17% year-on-year
Euroseas Reports Quarter Results
Euroseas Ltd., 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 three month period ended March 31, 2013. First Quarter 2013 Highlights:
Euroseas Report Dip in Profits
Greek-based Euroseas Ltd., drybulk and container ship owners and operators, publish their Q4 & full year 2012 financial results. Full year 2012 Highlights: Net loss of $13.2 million or $0.34 net loss per share basic and diluted on total net revenues of $52.5 million
Safe Bulkers Reports 4Q, 12-Month 2012 Results; Declares Dividend
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and twelve month period ended December 31, 2012. The Company’s Board of Directors also declared a quarterly dividend of $0
Huntington Ingalls Industries Reports 4Q and 2012 Results
Huntington Ingalls Industries (NYSE: HII) reported fourth quarter 2012 revenues of $1.82 billion, up 5.1 percent from the same period last year. Segment operating income for the fourth quarter was $140 million, compared to $127 million in the same period last year
Offshore Service Provider's 'Excellent' 2012 Profits
UK's James Fisher & Sons plc announces its results for the year ended 31 December 2012. Highlights: · Revenue increased by 18%, underlying operating profit by 14% and underlying earnings per share 15%
Tsakos Deliver Greek DP2 Shuttle Tanker
Tsakos Energy Navigation Limited – product, crude and LNG tanker operator – delivered the fully-coated DP2 shuttle tanker, the first of its kind internationally to fly the Greek flag, with a carrying capacity of 157,000 dwt, Rio 2016
Dockwise Ties the Knot with Boskalis
The outcome of last month's mandatory cash offer was that 99% of the Dockwise shares became committed to Boskalis. Highlights: • 99% of the Shares committed to Boskalis • No Post Closing Acceptance Period
Three Sheets to the Wind: Three Key Ingredients of the Sober Financial Statement
Financial reporting is a sobering issue. Creative accounting, “cooking the books,” earnings manipulations and other accounting shenanigans have been around as long as folks have had income, paid bills, taxes or sought investors for their ventures
FSL Trust: 2012 Was a 'Dismal' Year for Shipping
In a letter to unit holders First Lease Ship Trust (FSL Trust) chairman Wong Meng Heng comments on the Trust's 2012 financial report: excerpts as follows: "The industry witnessed another dismal year as weakness in freight rates and asset values persisted in 2012
FSL Trust Reports $23 Million 1QFY13 Revenue
FSL Trust Management Pte. Ltd. (FSLTM), as trustee-manager of First Ship Lease Trust, announced the financial results of FSL Trust for the quarter ended 31 March 2013. Revenue for 1QFY13 declined by 11.6% to $23.0 million (USD) compared to the corresponding quarter last year
Proposed Changes to 'Food for Peace' Program Resisted
USA Maritime, a coalition of ship owning companies, maritime labor organizations & maritime trade associations states its position. USA Maritime Chairman James L. Henry corrects reports about the efficacy of the U.S. Merchant Marine in delivering U.S
Huntington Ingalls Industries Declares Quarterly Dividend
Huntington Ingalls Industries’ Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on June 14, 2013, to shareholders of record as of the close of business on May 31, 2013.