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Release Results

Petrobras Expects 3Q Unaudited Results Jan 27

Brazil's Petroleo Brasileiro SA expects to release unaudited third-quarter financial results on Jan. 27 after a scheduled meeting of its board of directors, the state-run oil company said Wednesday in a statement.   Petrobras, as the company is known, had previously said it will release the results by the end of January. If the board fails to approve the accounts, the results won't be released, the statement said.   Results have been delayed since November after its auditor, PricewaterhouseCoopers failed to certify Petrobras' accounts after a price-fixing, bribery and political kick-back scandal raised questions about the value of its assets.     (Reporting by Jeb Blount; Editing by James Dalgleish)


Hornbeck Announces 2Q Earnings Release and Conference Call Schedule

Hornbeck Offshore Services, Inc. announced that it will release its second quarter 2008 financial results at approximately 6:00 a.m. Eastern on Thursday, July 31, 2008. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, on Thursday, July 31, 2008 at 10:00 a.m. Eastern (9:00 a.m. Central).


OceanFreight to Release of 2Q 2007 Results

OceanFreight Inc. a NASDAQ listed bulk shipping company announced today that it will release its results for the second quarter period ended June 30, 2007 after the close of the market in New York on Wednesday, July 25, 2007. The declaration of the Company’s dividend for the second quarter of 2007 will also be announced at that time. On Thursday, July 26, 2007 at 8:00 A.M. EDT, the Company’s management will host a conference call to discuss the results.


ITIC Warns of Forged Emails for Cargo Delivery

Ship agents are increasingly faced with attempts to obtain delivery of cargo using forged emails, according to the International Transport Intermediaries Club (ITIC). Writing in the latest edition of its annual publication, The Intermediary, ITIC indicated that fraud in shipping is endemic, cargoes are valuable, and it has never been easier to forge documents, electronic communications, bills of lading, and other documents


ExxonMobil To Announces Q1 Earnings- Conference Call

Logo

  ExxonMobil Corporation (NYSE:XOM) will release first-quarter financial results on Thursday, May 1, 2014. The earnings press release will be available at 7 a.m. David Rosenthal, vice president of Investor Relations, will review the results during a listen-only conference call at 10 a.m. CT. The earnings presentation can be accessed via webcast or by calling (888) 765-5547 (Domestic) or (913) 312-1443 (International). Please reference confirmation code 6532513 to join the call.


Manitowoc to Announce 4Q Results

The Manitowoc Company, Inc. will release its fourth-quarter 2007 financial results on Monday, February 4, after the market closes. The fourth-quarter results will also be discussed by Manitowoc’s management team during a live conference call for security analysts and institutional investors which will be held at 10:00 a.m., Eastern Time, on Tuesday, February 5.


Hercules Offshore to Announce 2Q Results

Hercules Offshore, Inc. has scheduled a conference call to discuss its second quarter 2007 financial results on August 3, 2007. The call will take place at 10:00 a.m. The financial results are scheduled to be released publicly prior to market opening in the United States on that same day.


Quintana Maritime to Release 2Q Results

Quintana Maritime Limited that its will release its results for the second quarter and the six-month period ended June 30, 2007 after the close of the market on Tuesday, August 7th, 2007. The declaration of the Company’s dividend for the second quarter of 2007 will also be announced at that time.


TOP Tankers Announces Release of 3Q Results and Conference Call

TOP Tankers Inc (Nasdaq: TOPT) announced plans to release its third quarter 2007 results on Thursday, November 8, 2007, before market opening. That same day, at 11:00 AM EST, management will host a conference call, which will be broadcast live over the Internet.


Husky Energy to Release 1st Quarter Results

Husky Energy Inc. will release its first quarter results on Wednesday, April 23, 2003. A conference call for analysts and investors will be held later that day at 4:15. John C.S. Lau, President & Chief executive Officer, Donald R. Ingram, Senior Vice-President, Midstream & Refined Products and Neil D. McGee, Vice- President & Chief Financial Officer will be hosting the call.


Islamic Militants Free Indonesian Sailors

President Joko Widodo. Photo by Indonesia government

 Ten Indonesian tugboat crewmen held by the Abu Sayyaf terror gang in the southern Philippines were freed unharmed Sunday.   The sailors arrived in Jakarta late on Sunday night, hours after they were released from captivity.  They arrived at Halim Perdanakusuma Airport


Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

file image: A VLCC transits the Suez Canal (Suez Canal Authority)

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo, could slip further next week as more tonnage becomes available with the easing of recent tanker


Subsea 7 Profits Dip in Q1

Photo: Subsea 7

Subsea 7 S.A. announced its financial results for the first quarter ending March 31, 2016, reporting revenues of $746 million, down 37 percent from the prior year period. Adjusted EBITDA meanwhile was $284 million with an Adjusted EBITDA margin of 38 percent


Fitch: M&A, Not Alliances to Help Revive Container Shipping

File Image: a containership at the berth in the Port of Savannah, GA (credit: GPA)

The following statement was released by the rating agency: Mergers and acquisitions, rather than the historically more popular alliances, are inevitable to address chronic overcapacity and drive further cost savings in container shipping, Fitch Ratings says


Another Mission Needed to Recover El Faro’s VDR

Voyage data recorder next to El Faros mast on ocean floor (Photo: NTSB)

The investigative team who located the El Faro’s voyage data recorder (VDR) has determined that another mission will be necessary in order to retrieve the device, which may contain recorded conversations and sounds from the ship’s navigation bridge


Turkish Crew Freed Two Weeks after Kidnap by Pirates off Nigeria

Six Turkish members of a cargo ship's crew who were kidnapped by pirates off the coast of Nigeria two weeks ago have been released and are safely back in Istanbul, a lawyer for the shipping company said on Tuesday.   "The six of them have been released and are back in Istanbul


New Condition Monitoring Guidance from ABS

ABS has published two documents to help industry with condition monitoring. The new ABS Guidance Notes on Condition Monitoring Techniques helps owners choose appropriate monitoring techniques, and the ABS Guide for Surveys Based on Machinery Reliability and Maintenance Techniques provides updated


ABS' New Condition Monitoring Guidance

Monitoring Courtesy ABS

Guidance Notes and Guide provide information for choosing monitoring techniques and insights for achieving classification. ABS has published two documents to help industry with condition monitoring. The new ABS Guidance Notes on Condition Monitoring Techniques helps owners choose appropriate


Mitsubishi Books Loss from Cruise Ship Business

Courtesy Mitsubishi

 Mitsubishi Heavy Industries, Ltd. (MHI) hereby announces its intent to book an extraordinary loss from its cruise ship business in the company's consolidated financial results for fiscal year (FY) 2015 (ending March 31, 2016). 1. Background to the extraordinary loss


Ship Owner to Pay Ransom for Indonesian Hostages

Luhut Pandjaitan. Photo: Indonesian Ministry for Political, Legal and Security Affairs

 Indonesian government said that the company that owns the hijacked tugboat Brahma 12 has agreed to pay the 50-million-peso ($1 million) ransom demanded by the Philippine rebel group Abu Sayyaf for the release of 10 Indonesian crewmembers who have been held hostage since March 26.  


NOIA’s Luthi Comments on Final Well Control Rule

Randall Luthi (Photo: NOIA)

In light of the Final Well Control Rule released today, National Ocean Industries Association (NOIA) president Randall Luthi issued a statement voicing both gratification and concern with the new regulation and its implementation.   “The good news for industry today is that we are now


KR Upgrades KR-CON with Dangerous Goods Search Function

Classification society Korean Register (KR) announced the release of its latest KR-CON software. The essential software tool, now in its 14th edition includes an enhanced and increasingly critical dangerous goods program, which has been developed in-house, as one of its key functions.  


China Slams G7 on Maritime Disputes

Photo: Council on Foreign Relations

 China reacted with anger Tuesday after the Group of Seven foreign ministers released a statement a day earlier voicing strong opposition to “unilateral actions” in the East and South China seas.   "China is strongly dissatisfied with relevant moves taken by G-7


US Imports Rise Steady after 2015 Rollercoaster

File photo: Northwest Seaport Alliance

Import cargo volume at the United States’ major retail container ports has begun its annual climb toward summer levels but is expected to be largely flat when compared with last year’s record high numbers, according to the monthly Global Port Tracker report released today by the


EMGS 1Q 2016 Vessels Update

BOA Thalassa Photo EMGS

Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on contracted or multi-client data acquisition






 
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