Finance News

 

Stolt-Nielsen S.A. Interim Dividend

Nov 15, 2009

Stolt-Nielsen S.A. (OsloBørs: SNI) announced that the company's Board of Directors approved the payment of an interim dividend of $0.50 per Common Share on December 9, 2009 to shareholders of record as of November 25, 2009. In accordance with normal settlement practice…

Conrad Industries Q3 2009 Results

Nov 15, 2009

Conrad Industries, Inc. (Pink Sheets: CNRD) announced its third quarter and nine months 2009 results.For the quarter ended September 30, 2009, Conrad had net income of $2.8m and earnings per diluted share of $0.43 compared to net income of $4…

U.S. Shipping Partners Exits Chapter 11

Nov 15, 2009

U.S. Shipping Corp, formerly known as U.S. Shipping Partners L.P., announced it has emerged from Chapter 11 bankruptcy protection pursuant to the Third Plan of Reorganization approved by the U.S. Bankruptcy Court for the Southern District of New York on October 1…

TOP Ships Q3 Financial Results

Nov 12, 2009

TOP Ships Inc. (NasdaqGS:TOPS) announced its operating results for the third quarter and nine months ended September 30, 2009. For the third quarter of 2009, the company reported net income of $329,000 or $0.01 per share, compared with net income of $41…

OceanFreight Q3 2009 Report

Nov 11, 2009

OceanFreight Inc. (NASDAQ: OCNF), a global provider of marine transportation services, announced its financial results for the quarter ended September 30, 2009. Financial Highlights For the three-month period ended September 30, 2009, the Company reported Net Loss of $13…

Bourbon Q3 Report

Nov 10, 2009

Bourbon's third-quarter revenues came to 246.8 million euros, up 3.1% compared with the same period in 2008 (-2.8% at constant exchange rates), due to satisfactory growth in the Offshore Division which offset a sharp decline in the Bulk Division…

Nordic American Tanker Shipping Q3 Report

Nov 09, 2009

On or about December 4, Nordic American Tanker Shipping (NAT) will pay a dividend for the 49th consecutive quarter since the first three vessels were delivered to the company in the autumn of 1997 when the company commenced operations. Since then a total of $39…

Seanergy Maritime Q3 Results

Nov 06, 2009

Seanergy Maritime Holdings Corp. announced its operating results for the third quarter and nine month period ended September 30, 2009. Third Quarter 2009 Financial Highlights: -- Net Revenues of $22.4 million-- EBITDA of $23.1 million for the three months ended September 30…

Hornbeck Offshore Q3 2009 Results

Nov 05, 2009

Hornbeck Offshore Services, Inc. (NYSE: HOS) announced results for the third quarter ended September 30, 2009. Third quarter 2009 revenues decreased 17.4% to $90.1 million compared to $109.1 million for the third quarter of 2008. Operating income was $27…

Bender Secures Loan, Sells Assets

Nov 05, 2009

According to a Nov. 4 report from www.al.com, attorneys for Bender Shipbuilding & Repair Co. reached an agreement Tuesday with creditors that will allow the bankrupt Mobile, Ala. company to borrow up to $6m while it tries to sell assets.(Source: www.al.com)

Seaspan Reports Financial Results

Nov 05, 2009

Seaspan Corporation (NYSE: SSW) announced the financial results for the three and nine months ended September 30, 2009. Third Quarter 2009 and Year-to-Date Highlights: - Reported revenue of $74.1 million and $207.0 million, respectively…

DryShips Debt Agreement

Nov 05, 2009

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced that it has signed an agreement with Commerzbank and West LB on waiver terms for $70 million of our outstanding debt…

Excel Maritime Reports Q3 Results

Nov 05, 2009

Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, announced its operating and financial results for the third quarter and nine-month period ended September 30…

Safe Bulkers Q3 Results

Nov 04, 2009

Safe Bulkers, Inc. (NYSE: SB), an international provider of marine drybulk transportation services, announced its unaudited financial results for the three- and nine-month periods ended September 30, 2009. Summary of Third Quarter 2009 Results…

Royal Caribbean Q3 Results

Nov 04, 2009

Royal Caribbean Cruises Ltd. (NYSE:RCL) announced earnings for the third quarter of 2009 and provided guidance for the fourth quarter and full year.Key Highlights•    Third quarter 2009 net income was $230.4 million, or $1.07 per share, compared to net income of $411…

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