Euroseas Ltd. owner & operator of drybulk and container carriers publish financial reports period ending 30, September 2012Third Quarter 2012 Highlights: -Net loss of $0.8 million or $0.02 net loss per share basic and diluted on total net revenues of $13…
Public Hearings Scheduled to provide opportunities for public input. The Bureau of Ocean Energy Management has completed a draft Supplemental Environmental Impact Statement (SEIS), providing updated environmental and socioeconomic analysis…
War risk insurance specialist, DNK, is pleased to announce the appointment of Göran Skuncke as Insurance Director.Skuncke will be responsible for the Association’s insurance activities, with a particular responsibility for membership service…
The Chairman of Drydocks World and Maritime World, Khamis Juma Buamim delivered the key address at the Indonesia Investment Summit. The Summit convened by the Investment Coordinating Board of Indonesia - BKPM - in Jakarta in association with The International Herald Tribune on November 6-7…
Some owners are cancelling as they lack funds to complete the purchase of the ship.Many of the orders are being cancelled after the ships have been built, as the buyers find they can't pay for the product amid worsening economic conditions…
Greece-based container ship owners report third quarter & nine months financial results ending 30, September 2012.Mr. Michael Bodouroglou, Chairman, President and Chief Executive Officer of Box Ships Inc., commented: “The third quarter of…
Development of a 'Full Warship Trainer' at the focus of the cooperation. Thales Germany and Transas Marine International signed a cooperation agreement to develop and market a Full Warship Trainer (FWST). This modular simulation solution…
Greece-based container ship owners, Danaos Corp., reports Q3 & nine months results for period ended September 30, 2012.Highlights for the Third Quarter and Nine Months Ended September 30, 2012: Operating revenues of $156.3 million for the three months ended September 30…
The COSCO Group achieved net profit attributable to equity holders of $26.6 million on turnover of $937.0 million in Q3 2012.Group turnover inched down 3.4% to $937.0 million in Q3 2012 from $969.8 million in Q3 2011 due to a decrease in shipyard and dry bulk shipping revenue…
The company won several important contracts in the maritime and defence markets during the third quarter 2012.Q3 operating revenues totalled MNOK 3 675 and EBITA came to MNOK 570. This corresponds to an EBITA margin for the Group of 15.5 per cent…
Horizon Lines' financial report shows volume improves 3.4%, & rate, net of fuel up 2.9% from a year ago.Sam Woodward, President and Chief Executive Officer comments on third quarter 2012 financial results:'Horizon Lines generated a 3…
Persistence pays off for shipbroker's legitimate claim for outstanding financial commission due from time-charterer.In the latest issue of its Claims Review, International Transport Intermediaries Club (ITIC) recounts the case of a shipbroker…
River Advice & International Shipping Partners establish new ship management company 'FleetPro Passenger Ship Management (FleetPro).FleetPro results from the combination of River Advice with 1250 employees and 35 river cruise vessels under management in Europe…
Louisiana Gulf Coast Oil Exposition (LAGCOE), one of the world's pioneer oil and gas expositions, recently announced the creation of the LAGCOE Education Fund, a fund at Community Foundation of Acadiana (CFA), according to Angela Cring, Executive Director of LAGCOE…
Statoil's (OSE:STL, NYSE:STO) third quarter 2012 net operating income was NOK 40.9 billion, a 4% increase compared to NOK 39.3 billion in the third quarter of 2011.'Statoil delivered solid financial results in the quarter. By ramping up new fields…