Overseas Shipbuilding Releases 3Q Earnings

Wednesday, October 31, 2007
Overseas Shipbuilding Group Inc. reported third-quarter earnings of $26.6m, or 83 cents a share, down from a year-ago profit of $90.8m, or $2.29 a share. The latest results include a gain of $1.5m, or 5 cents a share, on vessel and securities sales. Last year's performance reflects a similar gain of $15.8m, or 39 cents a share. Revenue rose in the latest three months to $277.2m from $265.9m a year earlier. The mean estimate of analysts polled by Thomson Financial was for a profit of 74 cents a share in the September period. The company said total operating expenses swelled to $243.3m in the September quarter from $176.9m. [Source: Thomson Financial]
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

US Funding for Air Emissions/Alternative Energy Projects

The U.S. Maritime Administration (MARAD) announced that up to $1.3 million in Federal funding is now available through cooperative agreements for projects supporting

WCI Applauds Increased USACE Funding

Today WCI applauded the leadership of Senate Appropriations Committee Chairman Thad Cochran (R-MS) and Senate Energy & Water Development (E&WD) Appropriations Subcommittee

Shipping Freight Rates Drop Amidst Overcapacity

Shipping freight rates on the world's busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility

 
 
Maritime Contracts Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
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: 0.1596 sec (6 req/sec)