Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced its Q4 and twelve months 2009 results. For the quarter ended December 31, 2009, Conrad had net income of $2.8m and earnings per diluted share of $0.43 compared to net income of $7…
STX Europe reported on its financial standing, stating:STX FranceSTX France has recently experienced cost overruns mainly related to one of its cruise vessels under construction at its St Nazaire shipyard. The cost overrun could represent a negative deviation up to $20…
According to a report from The Wall Street Journal, OSX Brasil SA, the Brazilian shipbuilding company controlled by billionaire Eike Batista, slashed the size and price of its initial public offering, which was expected to be among the world's biggest this year…
Viking Life-Saving Equipment A/S achieved all-time-high sales of $208m, up just over six percent on 2008. The group's profit also improved slightly compared with 2008. The company’s management attributes the record performance to increased focus on cost reduction and working capital…
Topaz Energy and Marine announced its audited financial results for 2009. Topaz posted revenue of $448 million, EBITDA of $ 127 million and Net Profit of $ 65 million demonstrating year on year growth of 7%, 14% and 38% respectively. The growth…
For 2009, Bourbon reported robust earnings driven by the growth of the Offshore Division. EBITDA excluding capital gains was up 9.4%. “The 2009 results illustrate the good increase of the offshore activity due to the growth of the fleet and to its utilization rate…
For 2009, Bourbon reported robust earnings driven by the growth of the Offshore Division. EBITDA excluding capital gains was up 9.4%. “The 2009 results illustrate the good increase of the offshore activity due to the growth of the fleet and to its utilization rate…
Rafael develops and manufactures advanced defense systems for the Israel Defense Forces and armed forces around the world, operating from a strong financial foundation resulting from exports to international markets. Rafael is the largest employer in Northern Israel…
2009 Highlights:- Voyage revenues of $444.9 million versus $623.0 million in 2008 - Income of $47.8 million (before vessel impairment charges of $19.1 million) versus $202.9 million (no impairment charge) in 2008 - EPS of $0.77 (diluted) ($1…
Statoil's Board of Directors (OSE: STL, NYSE: STO) has decided to start a process to list its energy and retail business on the Oslo Stock Exchange. Further to the announcement made on the 3rd of February 2010, Statoil's Board of Directors has…
Tsakos Energy Navigation Limited (TEN) (NYSE:TNP) announced that its Board of Directors has declared the company’s semi-annual dividend of $0.30 per share payable April 29 2010 with a record date of April 23 2010 and an ex-dividend date of April 21 2010…
TOP Ships Inc. (NASDAQ: TOPS) announced its financial results for the fourth quarter and the fiscal year ended December 31, 2009. For the fourth quarter of 2009, the company reported: -- A net loss of $35.9 million or $1.20 per share. The…
Crude Carriers Corp. announced that it has priced its initial public offering of 13,500,000 common shares at $19 per share. The underwriters have an option to purchase up to an additional 2,025,000 common shares to cover overallotments.Crude Carriers Corp…
Jotun reported an operating profit of NOK 1.1 billion in 2009 as compared with NOK 0.9 billion for the previous year. Operating income increased from NOK 10.4 to NOK 11.2 billion. In litres and kilos, Jotun sold two per cent more paint than it did in 2008…
Seanergy Maritime Holdings Corp. announced its operating results for the fourth quarter and the year ended December 31, 2009. Dale Ploughman, the Company's Chief Executive Officer, stated: 'Despite the difficult market conditions we are pleased to report strong results for 2009…