Seabulk Issues 2Q Guidance

Friday, July 18, 2003
Seabulk International, Inc. stated that, for the second quarter ended June 30, 2003, it expects to report revenue of at least $78 million, income from operations of at least $10.5 million, and depreciation, amortization and drydocking of approximately $16.2 million.

For the three months ended June 30, 2002, the Company reported revenue of $81.6 million, income from operations of $8.5 million, and depreciation, amortization and drydocking of $16.6 million.

Average day rates for the Company's anchor-handling tug/supply vessels and supply boats at June 30, 2003 were approximately $5,000 in the Gulf of Mexico, $7,200 in West Africa, $3,600 in the Middle East and $5,200 in Southeast Asia.

The Company expects to report its full results for the quarter ended June 30, 2003 and file its Form 10-Q on or about August 14, 2003.

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

ABS CEO Lays Out Vision for Technical Leadership at CMA Shipping

During the recent CMA Shipping 2015 conference in Stamford, Connecticut, ABS Chairman and CEO Christopher J. Wiernicki provided the conference's keynote address

Oceanex Named One of Canada’s Best Managed Companies

Oceanex Inc. was named one of Canada’s Best Managed Companies Gold Standard Members in 2014. This national award is sponsored by Deloitte, CIBC, National Post,

Navy Awards Austal $691M for Two Littoral Combat Ships

The U.S. Navy has ordered two new littoral combat ships from Austal, the shipbuilder said in a press release today. The two orders, worth $691 million, are part

Finance

BMT Partners with Aage Hempel

BMT SMART (BMT),  has announced  that Aage Hempel has become an accredited service partner.  This agreement will provide both organizations with the opportunity

Tanker Backlog Builds at Basra

Ships face up to a three week wait; bad weather in February delayed loading, created backlog. * April intake to be reduced to clear backlog By Keith Wallis SINGAPORE,

U.S. Port Delay Boost February Air Freight

Global air freight volumes rose 11.7 percent year-on-year in February, driven by the Chinese New Year, the International Air Transport Association said on Wednesday.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2448 sec (4 req/sec)