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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).


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


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.


ExxonMobil To Announces Q1 Earnings- Conference Call

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  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.


Los Angeles Pushes for Valero Terminal Improvements

Liquid Bulk Terminals Photo Port of Los Angeles

The Port of Los Angeles has released an Initial Study/Notice of Preparation (IS/NOP) — the first step in the Environmental Impact Report (EIR) process — for a Marine Oil Terminal Wharf Improvements Project at the Valero Terminal on Mormon Island in Los Angeles Harbor.


Great Lakes Ports Support Ballast Reforms

Directors of major commercial ports in the Great Lakes region called on Congress to end years of regulatory chaos surrounding ballast water management.    In a joint letter issued late yesterday, 14 port directors urged the Senate Armed Services Committee to include ballast regulatory


Ecospeed Demonstrator Vessel on Display

Shipowners, shipbuilders and representatives from the Green Award Foundation attended the first in a series of planned Ecospeed demonstration ‘roadshows’ (Photo: Subsea Industries)

Shipowners, shipbuilders and representatives from the Green Award Foundation  attended the first in a series of planned ‘roadshows’ Subsea Industries has initiated to demonstrate the zero environmental impact and simplicity of cleaning hulls protected with its Ecospeed hard coating


MSC Full VGM Compliance

Photo: MSC

 One week after the implementation of the new SOLAS regulation ‘Verified Gross Mass’ (VGM), MSC Mediterranean Shipping Company confirms an outstanding early experience of compliance rates by shippers.   MSC France, which covers seven ports in the French Metropolitan area


Cobham Upgrades SAILOR 900 VSAT

SAILOR 900 VSAT High Power System (Image: Cobham SATCOM)

Cobham SATCOM has developed a new version of its SAILOR 900 Very Small Aperture Terminal (VSAT) Ku-band antenna, featuring a new Block Up Converter (BUC). The antenna, designed by Cobham, makes it easier and less costly to ensure high availability of service as there is no need for additional


Tanker Crew Freed after Two-year Imprisonment

The crew of the MT Maro on release with their lawyer, Sandeep Singh (Photo: Sailors’ Society)

The 11-strong crew of the MT Maro has been released after being held for two years in Nigeria.   The ruling was made on June 30 and, after securing emergency travel documents, the crew arrived in Delhi, India on July 3 to be reunited with their families.  


NOIA’s Luthi Testifies at House Natural Resources Subcommittee Hearing

NOIA - Randall Luthi President of the National Ocean Industries Association Photo NOIA

NOIA President Randall Luthi released the following statement after providing testimony today before the House Committee on Natural Resources Subcommittee on Energy and Mineral Resources on H.R. 5577, the Innovation in Offshore Leasing Act:  


MARAD Report: Energy Efficiency & Battery Compartment Design

MARAD Logo

MARAD released an Energy Efficiency White Paper. The Maritime Administration (MARAD) has announced the availability of the Energy Efficiency White Paper that provides marine vessel owners and operators information on how to evaluate potential investments in efficiency measures and technologies


NORDEN’s Dry Cargo Head Bonderup Resigns

Ejner Bonderup (Photo: Jon Norddahl, Frederiksberg)

 Ejner Bonderup, Executive Vice President and member of the Executive Management in Dampskibsselskabet NORDEN A/S, has resigned from his position to take up a position in another shipping company.   Bonderup will continue at NORDEN for a limited amount of time during a transitional


Charting the Shift of Oceanic Boundary Currents

The ocean get heat from the tropical regions and release them to the mid-latitudes, especially over the routes of the subtropical western boundary currents. In a warming climate, the subtropical western boundary currents (except the Gulf Stream) are going to be stronger and shifting toward the poles. They will bring more heat and contribute to a much warmer climate over the adjacent regions (e.g.., Japan, China). (Foto Frank Rödel)

Global warming results in fundamental changes to important ocean currents. As scientists from the Alfred-Wegener-Institute show in a new study, wind-driven subtropical boundary currents in the northern and southern hemisphere are not only going to increase in strength by the end of this century


DNV GL's Sesam GeniE Reduces Engineering Costs

Sesam GeniE - Coarse bracket model (Photo: DNV GL)

When warping analysis is required during design of certain types of beam offshore structures, it can involve many costly hours of manual calculations by senior engineers. With the new release of Sesam GeniE software, the most common methods of performing such analyses can be done automatically


Demand for Helm CONNECT Software Soars ahead of Subchapter M

Subchapter M can impacts your business Courtesy Helm CONNECT.

Helm Operations  signed on more than 50 commercial maritime companies to its  maritime software, Helm CONNECT, many of whom are trying to prepare for the publication of Subchapter M.   Helm CONNECT’s customers come from a variety of commercial maritime industries


Negative Outlook for Global Shipping Industry: Moody’s

Photo: Global Shippers Association (GSA)

 Moody's Japan K.K. says that its outlook for the global shipping industry over the next 12-18 months is negative.   "The negative outlook reflects our expectation that earnings will worsen, with freight rates likely to remain depressed amid ample supply," says Mariko Semetko


DNV GL Launches New Stability Analysis Tool

Are Føllesdal Tjønn Photo DNV GL

With the latest release of Sesam HydroD software for floating structures, DNV GL is now offering a completely new and pioneering stability analysis solution that allows for hydrodynamic and stability analysis on one common model, giving naval and offshore engineers unprecedented control over their


UK P&I and Britannia Clubs Call off Merger Talks

The boards of the UK P&I and Britannia Clubs since February 2016 have been in discussion regarding a potential merger between the two clubs.     While a number of potential synergies and benefits were recognized, no agreement could be reached on acceptable terms






 
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