Thursday, February 19, 2004 Maritime News

CP Releases Note Pricing Details

Feb 19, 2004

CP Ships Limited reached agreement with initial purchasers to issue $175 million of 4% convertible senior subordinated notes due 2024. CP Ships has also offered

HOS Reports 4Q Results

Feb 19, 2004

Hornbeck Offshore Services, Inc. said that revenues for the quarter ended December 31, 2003 increased 11.5 percent to $29.2 million compared to $26.2 million for the same quarter in 2002.

Conrad Reports 4Q, Full Year Results

Feb 19, 2004

Conrad Industries, Inc. reported a net loss of $5 million and loss per diluted share of $0.68 for the three months ended December 31, 2003 compared to a net loss of $499,

Transport Committee backs ‘Motorways of the Sea’

Feb 19, 2004

The Transport Committee voted on the draft report tabled by Philip Bradbourn (EPP-ED, UK) on Community guidelines for the development of the trans-European transport network.

Senator Nelson Calls for More Security Money

Feb 19, 2004

U.S. Sen. Bill Nelson called on Congress and the administration to do more to sufficiently fund port security or risk a potentially devastating attack at one of

$35M Expansion for North Grumman

Feb 19, 2004

Northrop Grumman Corporation recently broke ground on a $35 million West Bay Expansion Project during a ceremony at its Ship Systems sector's Pascagoula facility.

V.Ships Awarded Sakhalin Tankers Contract

Feb 19, 2004

Primorsk Shipping Corporation of Nakhodka (PRISCO) has awarded V.Ships a contract for the full technical management of three ice-class tankers. These vessels will

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