Seabulk Issues Second Quarter Guidance

Monday, July 21, 2003
Seabulk Issues Second Quarter Guidance Seabulk International has announced for the second quarter ended June 30, 2003, it expects to report revenue of at least $78.0 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. Seabulk 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 September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Zim plans Wall Street IPO

Israel’s Zim Integrated Shipping Services has hired two banks to carry out its initial public offering (IPO) in the US, Bloomberg reported.   Zim Integrated

Amid Commodity Crisis, LPG Emerges as Accidental Bright-spot

Liquefied Petroleum Gas, long a niche product used by the poor to cook and the rich to barbecue, has become a rare bright spot amid a broad commodities rout, riding

Urals Weakens Further in Baltic

Russian Urals crude differentials continued to slide in the Baltic on Thursday amid a flurry of activity with softer refining margins, pushed down by higher oil prices, still keeping buyers at bay.

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators
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: 0.3256 sec (3 req/sec)