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Earnings Release

Hornbeck Offshore to Announce 2Q Results

Hornbeck Offshore Services, Inc. announced that its second quarter 2002 earnings release will be issued before the market opens on Tuesday, August 6, 2002. The company will hold a conference call to discuss these results at 10:00 a.m. (Central Daylight Time) on Tuesday, August 6, 2002. To participate in the call, callers in the United States/Canada can dial toll-free (800) 642-9816 and international callers can dial (706) 679-3206. The conference ID for all callers is 5034115. An archived version of the call will be available for replay beginning at 1:00 p.m. (Central Daylight Time) Tuesday, August 6, 2002 and ending at midnight Tuesday, August 13, 2002. To access the replay, the toll-free number for callers in the United States is (800) 642-1687 while the number for international callers is (706) 645-9291. The conference ID for all callers is 5034115.


Petroleum Geo-Services Q2 Performance Likely to be Weaker

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  Oslo, Norway, Petroleum Geo-Services ASA (PGS) will present second quarter results on July 24, 2014. The Company expects to report weaker Q2 results than current market expectations.   Customers' intentions with regard to seismic purchases, particularly MultiClient, have become less predictable recently. Accordingly, and considering the Q2 results, PGS lowers its full year EBITDA guidance to circa $850 million


Paragon Shipping Announces Date For Q1

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Earnings Release: Thursday, May 26, 2011, After Market Close Conference Call and Webcast: Friday, May 27, 2011, at 10:00am EDT Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, announced today that it will release its results for the first quarter ended March 31, 2011, after the market closes in New York on Thursday, May 26, 2011. Paragon’s management team will host a conference call to discuss the Company's financial


Norec Summons to bondholders' meetings

  In the previous stock exchange notices where Norwegian Energy Company ASA has informed of expected impairments of Oselvar and Huntington and negative developments in production performance, including its announcement on 19 November 2014 where it was reported that deferral of certain bond payments due on 9 December 2014 would need to be obtained. As also stated in connection with its Q3 earnings release on 28 November 2014


Crude Carriers Corp. Q4 Report & Divident

Highlights: · Declared a cash dividend of $0.30 per share for the fourth quarter of 2010 · Reported fourth quarter net profit of $2.4 million or $0.15 per share (‘EPS’). · Earned average Time Charter Equivalent (‘TCE’) of $26,575 per day for the two Very Large Crude Carriers (‘VLCCs’) and $23,826 per day for the three Suezmaxes in the Company’s fleet.  


Stolt-Nielsen to Release 2Q Results

Stolt-Nielsen S.A. will release its second quarter results on Thursday, July 10th, 2003. A conference call will be held to discuss the earnings and review of business operations on Thursday, July 10th, 2003. The date for release of second quarter 2003 results has been delayed to permit Stolt Offshore S.A., a subsidiary of Stolt-Nielsen S.A., to discuss the major items of the Stolt Offshore S.A. Blueprint for financial recovery during Stolt Offshore S.A. investor conference call.


Stolt Offshore to Release Q4 and FY03 Results

Stolt Offshore S.A. will release its fourth quarter and full year 2003 results on Wednesday February 18, 2004. A conference call will be held to discuss the earnings and review business operations on Wednesday, February 18, 2004 at 2.00pm GMT.


Boomtown Barge Headed for Repairs

According to reports, Tugboats began towing Boomtown Casino's gambling barge to a dry dock in Pascagoula. The repairs at Signal International should take about three weeks, company officials said. Penn National Gaming, which owns Boomtown and Casino Magic Bay St. Louis, has committed to rebuild its Coast properties. Company executives are expected to release more information this week when they issue a quarterly earnings report and host a conference call.


Nordic American Tankers Declares Dividend

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  The Board of Nordic American Tankers Limited has declared a cash dividend of $0.38 per share to shareholders of record October 29, 2015. The dividend is expected to be paid on or about November 12, 2015.   The 3Q2015 earnings report is expected to be released Wednesday November 11, 2015 before NYSE opening.  


ACL Lowers Earnings Guidance, Approves a $200m Stock Buyback Program

American Commercial Lines Inc. (ACL) announced that it is lowering its earnings guidance for the year ending December 31, 2007 to $1.45 to $1.65 in earnings per share for 2007 versus the current street consensus of $1.84. The Company’s previous guidance for 2007 was $1.75 to $1.95. The lowered guidance is driven primarily by the further weakness in the spot grain markets over first quarter levels and lower than planned productivity levels in the manufacturing segment during the second


Weaker Panamax Rates Weigh on Baltic Index

File photo: Star Bulk

The Baltic Exchange's main sea freight index fell slightly on Monday, as sliding panamax rates offset gains in capesize earnings.   The Baltic index, which tracks rates for ships carrying dry bulk commodities, was down for the sixth straight session.  


CMA CGM Posts Higher Q1 Profits

Photo courtesy of CMA GCM

Container shipping line CMA CGM posted higher first-quarter profits, helped by a turnaround at recently acquired NOL, and gave an upbeat assessment for the current quarter in another sign that the shipping industry is emerging from a slump.  


Baltic Index Inches Down

File photo: NORDEN

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged lower on Friday on weaker rates for smaller vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Slides for 4th Straight Day

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fourth straight session on Thursday, pressured by lower panamax vessel rates. The overall index, which factors in rates for capesize, panamax


Euronav Bags Five-Year FSO Deals

Photo: Euronav NV

 Euronav's joint venture with International Seaways (INSW) has signed a contract for five years for the FSO Africa and FSO Asia in direct continuation of the current contractual service.    The contract was signed with North Oil Company (NOC)


Baltic Index Falls on Lower Iron Ore Demand

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell 2 percent on Monday as lower demand for iron ore fixtures hit capesize rates. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Hapag-Lloyd to Omit UASC in 2017 Financials

Photo: United Arab Shipping Company (UASC)

 The outlook for the 2017 financial year is based on the Hapag-Lloyd Group’s existing business activities as at 31 December 2016 and therefore does not include UASC’s business activities or the acquisition of UASC in 2016.   


Capesize Rates Nudge Baltic Index Up Again

File Image (CREDIT: AdobeStock / (c) Lidia n Neeleman)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose marginally on Friday on stronger rates for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 2 points


Hapag-Lloyd Projects Higher FY '17 Earnings

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CEO sees closer supply-demand balance in shipping market; higher earnings forecasts upheld after wider net loss.   German container shipping firm Hapag-Lloyd on Friday said it should achieve higher earnings this year, based on expectations for a moderate increase in freight rates and cost


Baltic Index Gains On Firmer Capesize Rates

File Image (CREDIT: AdobeStock / (c) Lucasz Z)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, inched higher on Thursday helped by stronger rates for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Dips on Weaker Smaller Vessel Demand

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, was marginally down on Wednesday as demand for smaller vessels eased. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Up On Higher Capesize Rates

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, crawled up for the second straight session on higher rates for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Baltic Index Halts 13-session Losing Streak

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Monday to snap a 13-session losing streak, supported by firmer demand for capesize vessels. The overall index — which considers rates for capesize, panamax


Kvaerner Lifts 2017 Forecast

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Kvaerner, the Norwegian builder of oil platforms, lifted its 2017 outlook on Monday as a slump in the oil sector eased with a year-on-year lift in crude prices.   Kvaerner's clients, oil companies, have reported forecast-beating earnings so far in this quarter


Baltic Index Dips on Panamax, Smaller Vessel Rates

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The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped on Friday, as gains in capesize rates failed to offset lower rates for panamax and smaller vessels. The overall index, which considers rates for capesize, panamax






 
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