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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


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.


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.


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.


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.


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


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


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


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


BSEE Panel for Oil Release in GoM

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The Bureau of Safety and Environmental Enforcement is continuing its investigation of the oil release from Shell Offshore Inc.’s Glider Field on May 12. The Glider Field, located approximately 97 miles south of Port Fourchon, LA, includes subsea wells and the field’s production flows


Norsafe Showing Comprehensive range at Posidonia

Courtesy NORSAFE

Norsafe will be showing a comprehensive range of its renowned safety craft at Posidonia, June 6 to 10th 2016 at stand 420, hall 3. Exhibiting in partnership with its Greek agent, Intra Mare, the Norwegian based manufacturer together with its Greek subsidiary Norsafe Watercraft Hellas will be


Industry Group Developing New Hull Coating System

Composition of the PPG SIGMAGLIDE self-adhesive fouling release film solution (Image: PPG)

PPG’s protective and marine business has received EU Funding for a project which aims to produce a new fouling protection system for commercial vessels.   A project development group including PPG, MACtac, Meyer Werft/ND Coatings


ClassNK Publishes Latest Noise Code Guideline

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ClassNK has released its Guideline for the Mandatory Code on Noise Levels on Board Ships (Second Edition).   ClassNK's first edition of the Guideline for the Mandatory Code on Noise Levels on Board Ships was released in July 2014


2016 SDAP Rates Announced

Sailors aboard the Arleigh Burke-class guided-missile destroyer USS Benfold (DDG 65) welcome personnel from Afloat Training Group Western Pacific via a rigid-hull inflatable boat. Photo USN

The US Navy released updates to the Special Duty Assignment Pay (SDAP) for eligible enlisted Sailors in NAVADMIN 120/16, May 25. The SDAP program enhances the Navy's ability to size, shape and stabilize the force by encouraging qualified Sailors to serve in designated Special Duty Assignments


Oman Shipping Makes Profit

Photo: OmanShipping Company SAOC

 Oman Shipping Company (OSC) reported a $180 million profit in 2015. Tariq bin Mohammed Al Junaidi, chief executive officer of OSC has been quoted by  Oman News Agency saying that  achieving significant profit came as a result of the good performance of the operations of the


Fitch Upgrades Palm Beach Port's Bond Outlook to Positive

The Port of Palm Beach District is proud to announce that Fitch Ratings has revised the Rating Outlook on approximately $9.72 million of outstanding Port of Palm Beach District port revenue bonds, series 2005, from Stable to Positive.


ITIC Launches Cyber Liability Insurance Extension

Alistair Mactavish (Photo: ITIC)

International Transport Intermediaries Club (ITIC) has launched a cyber liability extension to ITIC policies to protect its existing professional indemnity members against the growing threat posed by hackers.   ITIC has always provided cover for damage arising from the loss of or damage to


Lack of Communication Led to Houston Ship Collision -NTSB

The probable cause of the 2015 collision of the Conti Peridot and the Carla Maersk in the Houston Ship Channel was the inability of the pilot on the Conti Peridot to respond appropriately to hydrodynamic forces after meeting another vessel during restricted visibility


DNV GL Issues First “Clean Lay-up” Declaration

FPSO Munin, currently laid up at Labuan, Malaysia, is the first vessel to receive the DNV GL “Clean Lay-up” declaration. Photo: DNV GL

 Classification society DNV GL announced at the Posidonia trade fair that it had issued the first “Clean Lay-up” declaration under its newly released classification guideline   The guideline enables shipowners and managers to demonstrate that their vessel is laid up in a


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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