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Release Results

Petrobras Expects 3Q Unaudited Results Jan 27

Brazil's Petroleo Brasileiro SA expects to release unaudited third-quarter financial results on Jan. 27 after a scheduled meeting of its board of directors, the state-run oil company said Wednesday in a statement.   Petrobras, as the company is known, had previously said it will release the results by the end of January. If the board fails to approve the accounts, the results won't be released, the statement said.   Results have been delayed since November after its auditor, PricewaterhouseCoopers failed to certify Petrobras' accounts after a price-fixing, bribery and political kick-back scandal raised questions about the value of its assets.     (Reporting by Jeb Blount; Editing by James Dalgleish)


Hornbeck Announces 2Q Earnings Release and Conference Call Schedule

Hornbeck Offshore Services, Inc. announced that it will release its second quarter 2008 financial results at approximately 6:00 a.m. Eastern on Thursday, July 31, 2008. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, on Thursday, July 31, 2008 at 10:00 a.m. Eastern (9:00 a.m. Central).


Hercules Offshore to Announce 2Q Results

Hercules Offshore, Inc. has scheduled a conference call to discuss its second quarter 2007 financial results on August 3, 2007. The call will take place at 10:00 a.m. The financial results are scheduled to be released publicly prior to market opening in the United States on that same day.


OceanFreight to Release of 2Q 2007 Results

OceanFreight Inc. a NASDAQ listed bulk shipping company announced today that it will release its results for the second quarter period ended June 30, 2007 after the close of the market in New York on Wednesday, July 25, 2007. The declaration of the Company’s dividend for the second quarter of 2007 will also be announced at that time. On Thursday, July 26, 2007 at 8:00 A.M. EDT, the Company’s management will host a conference call to discuss the results.


ITIC Warns of Forged Emails for Cargo Delivery

Ship agents are increasingly faced with attempts to obtain delivery of cargo using forged emails, according to the International Transport Intermediaries Club (ITIC). Writing in the latest edition of its annual publication, The Intermediary, ITIC indicated that fraud in shipping is endemic, cargoes are valuable, and it has never been easier to forge documents, electronic communications, bills of lading, and other documents


ExxonMobil To Announces Q1 Earnings- Conference Call

Logo

  ExxonMobil Corporation (NYSE:XOM) will release first-quarter financial results on Thursday, May 1, 2014. The earnings press release will be available at 7 a.m. David Rosenthal, vice president of Investor Relations, will review the results during a listen-only conference call at 10 a.m. CT. The earnings presentation can be accessed via webcast or by calling (888) 765-5547 (Domestic) or (913) 312-1443 (International). Please reference confirmation code 6532513 to join the call.


Husky Energy to Release 1st Quarter Results

Husky Energy Inc. will release its first quarter results on Wednesday, April 23, 2003. A conference call for analysts and investors will be held later that day at 4:15. John C.S. Lau, President & Chief executive Officer, Donald R. Ingram, Senior Vice-President, Midstream & Refined Products and Neil D. McGee, Vice- President & Chief Financial Officer will be hosting the call.


Quintana Maritime to Release 2Q Results

Quintana Maritime Limited that its will release its results for the second quarter and the six-month period ended June 30, 2007 after the close of the market on Tuesday, August 7th, 2007. The declaration of the Company’s dividend for the second quarter of 2007 will also be announced at that time.


TOP Tankers Announces Release of 3Q Results and Conference Call

TOP Tankers Inc (Nasdaq: TOPT) announced plans to release its third quarter 2007 results on Thursday, November 8, 2007, before market opening. That same day, at 11:00 AM EST, management will host a conference call, which will be broadcast live over the Internet.


Manitowoc to Announce 4Q Results

The Manitowoc Company, Inc. will release its fourth-quarter 2007 financial results on Monday, February 4, after the market closes. The fourth-quarter results will also be discussed by Manitowoc’s management team during a live conference call for security analysts and institutional investors which will be held at 10:00 a.m., Eastern Time, on Tuesday, February 5.


Strong Results for Skuld on 120th Anniversary

Image: Skuld

 Skuld has announces a total combined ratio of 98%, as well as a positive bottom line result of USD 51 million (USD 18 million in 2015 before members' credit) for its 2016 financial year ending 20 February 2017. Gross earned premium in 2016 amounted to USD 403 million.  


China, Vietnam Dampen S.China Sea Tensions

China and Vietnam will manage and properly control their maritime disputes, avoiding actions to complicate or widen them, so as to maintain peace in the South China Sea, the two nations said in a joint communique China released on Monday.  


COSCO (Dalian) Shipyard Delivers Flag Lama

Photo: COSCO (Dalian) Shipyard

 COSCO (Dalian) Shipyard Co has delivered an bulk carrier, “FLAG LAMA”, to its European buyer, the company said in its press release.    The delivery documents were signed by and between COSCO Dalian and the buyer recently.   


Panama Frees Vessel Held in Western Sahara Claim

Panama authorities have released a Moroccan phosphate shipment from the disputed Western Sahara territory after it was temporarily held by a legal challenge from the Polisario independence movement, officials said on Monday.   The vessel was held on May 18 and is the second tanker carrying


Wärtsilä BWMS Selected by Minerva Marine

Photo: Wärtsilä

The technology group Wärtsilä has agreed to supply globally operating tanker vessels managed by Minerva Marine with Aquarius ballast water management systems (BWMS). The agreement covers the retrofit of several vessels and represents an important milestone in the BWMS retrofit market.


Seized Indian Vessel Moved to Undisclosed Location

Pirates who hijacked an Indian cargo dhow with 11 crew on board have moved the vessel to an undisclosed location within Galmudug waters off the Somali coast until their ransom demands are met, a pirate leader told Reuters on Tuesday. The vessel, Al Kausar, was initially taken to El Hur


Protecting Captive Seafarers’ Wages

Pic: International Maritime Organization (IMO)

The issue of protecting captive seafarers' wages is on the agenda at an International Labour Organization (ILO) meeting in Geneva, Switzerland (3-5 April).    IMO has taken part in the ILO Working Group of the Special Tripartite Committee


US Navy Ends 'ENDS' on Ships

Photo by United States Navy

 Commander, U.S. Fleet Forces (USFF) and Commander, U.S. Pacific Fleet (PACFLT) released a joint message April 14, that suspends the use, possession, storage and charging of Electronic Nicotine Delivery Systems (ENDS) aboard ships, submarines, aircraft, boats, craft and heavy equipment


BP Oil Well Spills Out of Control in Alaska

Photo: BP

 The oil giant British Petroleum (BP) oil and gas well on Alaska’s Northern Slope that blew out on Friday continues to spill crude oil and gas uncontrollably.     There have been no injuries or reports of damage to wildlife


Is Tin Returning in Silicone Hull Coatings?

Photo: Subsea Industries

The reemergence of organotin in marine hull coatings is of increasing concern, with academics and environmentalists calling on International Maritime Organization (IMO) to investigate the use of tin in silicone-based foul release systems and other ships hull coatings.  


ESD Systems Recommended for Oil/Chemical Tankers

© hramovnick / Adobe Stock

OCIMF and CDI release new information paper Linked Ship/Shore Emergency Shutdown Systems for Oil and Chemical Transfers.   The information paper, jointly released by CDI and OCIMF on April 21 recommends an Emergency Shutdown (ESD) connection that will link ship and terminal ESD systems


Washington Maritime Economy Grows Stronger -Study

© Bill Perry / Adobe Stock

A new report from the Washington Maritime Federation shows strong health of industry, increased average salaries and tremendous opportunity to continue to grow maritime jobs.   The Washington State Maritime Sector Economic Impact Study 2017 Update


Updated Forecast: Floating Production System Orders

© ggw / Adobe Stock

World Energy Reports has released its midterm five year forecast of production floater orders. The forecast, detailed in the March 2017 WER report, reflects positive and negative developments in underlying business drivers since WER’s five year forecast last October.  


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.  


Demand for Chemical Tanker Fleet Looks Up

Graph:  Drewry Shipping Consultants Limited

Demand for methanol and vegoil will moderately support global seaborne trade causing the shipping fleet trading in chemicals and vegoils to expand, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.






 
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