Dolphin Offshore Sails on Bonus Issue

Friday, October 27, 2006
Dolphin Offshore hit 10 percent upper circuit of Rs 347.15 till the closing hours of trading with nine fold increase in volumes of 18,190 shares on the BSE after its board decided to consider a bonus issue. The board is meeting on 31 October 2006. Even after outperforming the benchmark index with a gap, the stock trades at a trailing 12 month P/E of about 13 times. DOEL provides services in topside services, marine services and sub-sea services required by the oil and gas industry. The clientele of the company includes ONGC, L&T, Indian Oil Corporation, HPCL, Shipping Corporation of India, GE Shipping and the Indian Coast Guard. The company, which recently acquired Procyon Offshore Services having a fleet of 7 tugs and 1 work-boat-cum-supply vessel, is expected to bring substantial cost savings. source: Busines Standard
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

European Ports Identify Their Priorities

European ports are real “multitaskers”: they combine different functions ranging from gateway to the world, nodes in the transport chain, hotspots for Europe’s industrial activity,

Iran Aid Ship Reaches Djibouti Waters, Waits to Enter Port

An Iranian aid ship has reached the outskirts of Djibouti's port and is waiting for a permit to enter after Tehran agreed to an international inspection of the vessel with goods for Yemen,

Asia Dry Bulk-Capesize Rates Mixed on Uncertainty

Capesize rates slide after hitting 5-month high. Rates for capesize bulk carriers eased this week after hitting their highest since December, and could come

Finance

DP World Extends Title Sponsorship Until 2020

Dubai is set to remain at the epicenter of golf on The European Tour for the foreseeable future after global port operator DP World announced today that it will

SCI Back in the Black after 3 Yrs

The Shipping Corporation of India Ltd (SCI), India’s largest shipping company and a Government of India Public Sector Undertaking having reported losses for

HSH Nordbank Looking to Split Off Bad Shipping Loans

HSH Nordbank AG, the world’s second-largest financier of ships, plans to split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1892 sec (5 req/sec)