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Financial Results

ACL Announces Earnings Release Date

American Commercial Lines Inc. (ACL) will conduct a live webcast and conference call to review and discuss its second quarter 2008 financial results on Wednesday, July 30 at 10:00 a.m. Eastern time. ACL is scheduled to release its financial results for the second quarter 2008 on Tuesday, July 29, 2008, after the close of the financial markets.  A


GlobalSantaFe Corporation to Hold Third-Quarter 2004 Earnings Conference Call

GlobalSantaFe Corporation has scheduled a conference call to discuss its third-quarter financial results at 10:00 a.m. CDT (11:00 a.m. EDT) Wednesday, October 27, 2004. The financial results are scheduled to be released publicly prior to market opening on the New York Stock Exchange that same day.


Otto Marine Profit Warning

Singapore-based Otto Marine & group subsidiaries issue a warning regarding its forthcoming financial results. Otto Marine Group is expected to report a loss for the financial year ended 31 December 2012 largely due to, amongst others, the following: Losses from its subsidiary Reflect Geophysical Pte. Ltd. mainly due to low utilization of its seismic vessel; Impairment of investment and provision of doubtful debts owing to its subsidiary, Reflect Geophysical Pte. Ltd


Descartes to Announce Financial Results

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Descartes Systems Group is scheduled to report its fiscal 2014 fourth quarter and annual financial results before market open on Thursday, March 6, 2014. Members of Descartes' executive management team will host a conference call to discuss the company's financial results at  a.m. ET on Thursday, March 6. Designated numbers are +1 866 229-4144 for North America and +1 416 216-4169 for International, using Passcode 8010 580#.


Expro Releases 1Q 2013 Results

Photo: Expro

Expro said it is celebrating its 40th anniversary year with strong financial results for 2013. Highlights • Headline revenue increased by 18.5 percent to $1.2 billion (2012: $1.01 billion) •Headline EBITDA  up 44.7 percent to $290.8 million (2012: $201 million) •Operating free cash flow of $123.2 million (2012: outflow of $44 million) •Sale of non-core Connectors and Measurements (C&M) business generated net proceeds after transaction costs of $591


Teekay Restated 1 & 2Q 2008 Results

Teekay Tankers Ltd. (NYSE: TNK) reported that it has restated its previously reported financial results for the first and second quarters of 2008 to adjust its accounting treatment for: - an interest rate swap agreement under the Statement of Financial Accounting Standards No. 133, Accounting for Derivative Instruments and Hedging (SFAS 133), as more fully discussed below under "Restatement for Accounting under SFAS 133"; and


General Maritime Corp. Announces 4Q Results

General Maritime Corporation announced that it will hold a conference call to discuss the Company's results for the fourth quarter and full year of 2006 on Thursday, February 22, 2006. The Company will issue financial results for the fourth quarter and full year ended December 31, 2006 on Wednesday, February 21, 2007 after the close of market trading.


Conrad Industries to Release Quarter Results

Conrad Industries, Inc. plans to release its first quarter earnings during the evening on Wednesday, May 5, 2004. Management of the Company will host a conference call on Thursday, May 6, 2004 at 9:30 a.m. CST, to discuss the Company’s financial results for the quarter ended March 31, 2004.


Matson Report Increased Operating Income in Q2 2012

Matson, Inc. announces its second quarter 2012 financial results. The financial results for the second quarter and first six months of 2012 reflect Matson's separation from its former parent corporation, Alexander & Baldwin, Inc., on June 29, 2012. The separation of Matson from A&B was originally announced on December 1, 2011. Commenting on the quarter, President and Chief Executive Officer Matt Cox said, "While we are reporting improved operating income for the second quarter


Matson to Announce 2013 Results

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Matson, Inc. has announced that it will release its financial results for the Fourth Quarter and Full Year 2013 on Tuesday, February 25, 2014. President and Chief Executive Officer Matthew Cox and Senior Vice President and Chief Financial Officer Joel Wine will discuss the results for the fourth quarter and full year through a conference call that will occur after financial results are released. The earnings conference call is scheduled at 4:30 p.m. EST/1:30 p.m. PST/11:30 a.m. HST


CMA CGM Reports Better Result in Q2 2017

Photo: CMA CGM

 CMA CGM  recorded a net income of $219 million on revenues of $5.55 billion for the second quarter of 2017, with volumes rising 33.3 percent year-over-year. Volumes carried grew with the integration of APL, the launch of OCEAN ALLIANCE and the industry dynamism, the company said.


We4Sea Certified for Emission Monitoring for Ships

Image: We4Sea

 Maritime technology start-up We4Sea has received certification from Verifavia for EU MRV (Monitoring, Reporting and Verification) emission monitoring.   We4Sea developed a cloud platform that offers advanced solutions to optimize the performance ánd reduce fuel consumption and


The Shipowners' Club Reports Steady Half Year Results

Photo: The Shipowners Club

 The Shipowners’ Club, the leading P&I insurer in the smaller and specialist vessel sector, has reported steady financial results for the six months ended 30 June 2017, despite challenging market conditions.    The Club recorded a 99


Skuld Announces Positive Half Year Results

Logo: Skuld

 Skuld announced a positive bottom-line result of USD 8 million for the six months ending 20 August 2017, compared with USD 29 million at the half year in 2016.   The period has been marked by a small number of substantial claims


MISC Q2 Net Profit Down 59%

LNG Vessel - Seri Camellia. Photo: MISC Berhad

 Malaysian shipping line MISC Berhad has recorded a 58.7% drop in its earnings for the second quarter of this year compared to the previous corresponding quarter.   The company announced a net profit of RM 556.5mln in its quarter ending June 30, 2017, compared to RM 1


ICTSI Net Income Rises 19%

Photo: International Container Terminal Services, Inc.

 Manila-based global container terminal operator International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the first half of 2017 posting revenue from port operations of US$603.7 million, an increase of 10 percent over the US$550


Global Ship Lease Reports Q2 Profit

Logo: Global Ship Lease

 The London-based Global Ship Lease (GSL) on Monday reported second-quarter profit of $7.6 million. The containership owner posted revenue of $40.3 million in the period.   Ian Webber, Chief Executive Officer of Global Ship Lease, stated, "During the second quarter of 2017


Helix Energy Cuts Q2 Loss

Photo: Helix Energy Solutions

 Oil service company Helix Energy Solutions has narrowed its loss in the second quarter of 2017 backed by increased activity of its well intervention business. Mainly North Sea operations helped narrow the firm’s losses.   The group


Nakilat Ends H12017 with $112 Mln Net Profit

Nakilats flagship, QMax Mozah. Photo: Qatar Gas Transport Company

 Qatar Gas Transport Company (known as “Nakilat”, which means carriers in Arabic) recorded its financial results for the first half of the year ended June 30, 2017 with a net profit of QR 409 million ($112 million) compared to QR 501 million ($137 million) of the same period last


Subsea 7 Acquires EMAS Chiyoda Subsea Assets

Photo: Subsea 7 S.A.

Subsea 7 S.A. said it has acquires certain businesses of EMAS Chiyoda Subsea (ECS) under a U.S. bankruptcy code Chapter 11 Plan of Reorganization, confirmed by the U.S. Bankruptcy Court for the Southern District of Texas and became effective on June 29, 2017.  


Safe Bulkers Expands Fleet

Photo: Safe Bulkers, Inc.

 Safe Bulkers, in its Q1 financial results annoucements said that with the latest addition of Pedhoulas Rose, its fleet has increased to 38 dry bulk vessels. In January 2017, the company took delivery of Pedhoulas Rose (Hull No. 1146), a 82,000 dwt, newbuild Kamsarmax class vessel. 


MOL Group Q1 Shows Robust Earnings Growth

North Sea block. Photo: MOL Group

 MOL Group announced its financial results for Q1 2017 in which all business segments – Upstream, Downstream, Consumer Services, Gas Midstream – managed to increase their contributions compared with the same period of the previous year.  


Positive Trends in Tanker Market

Photo: Euronav

 Euronav NV CEO Paddy Rodgers said that the company's financial results for Q1 was a confirmation of our thesis: short term challenges but a positive medium structure building for the tanker sector.  On the positive side demand for crude oil remains robust


Seanergy Maritime Reports Q4 Results

Photo: Seanergy Maritime Holdings Corp.

 Seanergy Maritime Holdings Corp reports financial results for the fourth quarter and twelve months ended Dec. 31, 2016.   For the fourth quarter and twelve months ended December 31, 2016, the Company generated net revenues of $10.9 and $34.7 million respectively


DP World’s Net Income Exceed USD 1 Bln for First Time

DP World London Gateway. Photo: DP World

 Dubai-based port and terminal operator DP World announced strong financial results from its global portfolio for the twelve months ending 31 December 2016, despite “significant challenges” in the industry.   On a reported basis, revenue grew 4






 
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