Finance News

 

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…

Transocean Reports Q3 2009 Results

Nov 04, 2009

Transocean Ltd. (NYSE:RIG) reported net income attributable to controlling interest for the three months ended September 30, 2009 of $710 million, or $2.19 per diluted share, compared to net income attributable to controlling interest of $1…

ACL Reports Q3 Results

Nov 03, 2009

American Commercial Lines Inc. (NASDAQ: ACLI) (ACL) announced results for the quarter and nine months ended September 30, 2009. Revenues for the quarter ended September 30, 2009 were $216.0 million, a 31.1% decrease compared with $313.7 million for the quarter ended September 30…

Tidewater Reports Q2 Results for 2010

Oct 29, 2009

Tidewater Inc. (NYSE:TDW) announced its second quarter net earnings for the period ended September 30, 2009, of $98.2m, or $1.90 per common share, on revenues of $295.5m. Included in net earnings for the September 30, 2009 quarter is a $34.3m…

DryShips Q3 Financial Results

Oct 27, 2009

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk cargoes and offshore oil deep water drilling, announced its unaudited financial and operating results for the third quarter and nine month period ended September 30…

Aries Regains NASDAQ Compliance

Oct 27, 2009

Aries Maritime Transport Limited (NASDAQ:RAMS) announced that it received notification from the NASDAQ Listing Qualifications department that it has regained compliance with the $1.00 minimum bid price requirement for continued listing set forth in Listing Rule 5450(a)(1)…

Horizon Lines Declares Regular Dividend

Oct 25, 2009

Horizon Lines, Inc. (NYSE: HRZ), announced that its Board of Directors has voted to declare a regular quarterly cash dividend of $0.11 per share, payable on December 15, 2009, to stockholders of record on December 1, 2009.  The dividend was…

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