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Financial Results

ACL Announces Earnings Release Date

American Commercial Lines Inc. (ACL) will conduct a live webcast and conference call to review and discuss its second quarter 2008 financial results on Wednesday, July 30 at 10:00 a.m. Eastern time. ACL is scheduled to release its financial results for the second quarter 2008 on Tuesday, July 29, 2008, after the close of the financial markets.  A


GlobalSantaFe Corporation to Hold Third-Quarter 2004 Earnings Conference Call

GlobalSantaFe Corporation has scheduled a conference call to discuss its third-quarter financial results at 10:00 a.m. CDT (11:00 a.m. EDT) Wednesday, October 27, 2004. The financial results are scheduled to be released publicly prior to market opening on the New York Stock Exchange that same day.


Teekay Restated 1 & 2Q 2008 Results

Teekay Tankers Ltd. (NYSE: TNK) reported that it has restated its previously reported financial results for the first and second quarters of 2008 to adjust its accounting treatment for: - an interest rate swap agreement under the Statement of Financial Accounting Standards No. 133, Accounting for Derivative Instruments and Hedging (SFAS 133), as more fully discussed below under "Restatement for Accounting under SFAS 133"; and


Otto Marine Profit Warning

Singapore-based Otto Marine & group subsidiaries issue a warning regarding its forthcoming financial results. Otto Marine Group is expected to report a loss for the financial year ended 31 December 2012 largely due to, amongst others, the following: Losses from its subsidiary Reflect Geophysical Pte. Ltd. mainly due to low utilization of its seismic vessel; Impairment of investment and provision of doubtful debts owing to its subsidiary, Reflect Geophysical Pte. Ltd


Expro Releases 1Q 2013 Results

Photo: Expro

Expro said it is celebrating its 40th anniversary year with strong financial results for 2013. Highlights • Headline revenue increased by 18.5 percent to $1.2 billion (2012: $1.01 billion) •Headline EBITDA  up 44.7 percent to $290.8 million (2012: $201 million) •Operating free cash flow of $123.2 million (2012: outflow of $44 million) •Sale of non-core Connectors and Measurements (C&M) business generated net proceeds after transaction costs of $591


Descartes to Announce Financial Results

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Descartes Systems Group is scheduled to report its fiscal 2014 fourth quarter and annual financial results before market open on Thursday, March 6, 2014. Members of Descartes' executive management team will host a conference call to discuss the company's financial results at  a.m. ET on Thursday, March 6. Designated numbers are +1 866 229-4144 for North America and +1 416 216-4169 for International, using Passcode 8010 580#.


General Maritime Corp. Announces 4Q Results

General Maritime Corporation announced that it will hold a conference call to discuss the Company's results for the fourth quarter and full year of 2006 on Thursday, February 22, 2006. The Company will issue financial results for the fourth quarter and full year ended December 31, 2006 on Wednesday, February 21, 2007 after the close of market trading.


Conrad Industries to Release Quarter Results

Conrad Industries, Inc. plans to release its first quarter earnings during the evening on Wednesday, May 5, 2004. Management of the Company will host a conference call on Thursday, May 6, 2004 at 9:30 a.m. CST, to discuss the Company’s financial results for the quarter ended March 31, 2004.


Matson Report Increased Operating Income in Q2 2012

Matson, Inc. announces its second quarter 2012 financial results. The financial results for the second quarter and first six months of 2012 reflect Matson's separation from its former parent corporation, Alexander & Baldwin, Inc., on June 29, 2012. The separation of Matson from A&B was originally announced on December 1, 2011. Commenting on the quarter, President and Chief Executive Officer Matt Cox said, "While we are reporting improved operating income for the second quarter


Matson to Announce 2013 Results

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Matson, Inc. has announced that it will release its financial results for the Fourth Quarter and Full Year 2013 on Tuesday, February 25, 2014. President and Chief Executive Officer Matthew Cox and Senior Vice President and Chief Financial Officer Joel Wine will discuss the results for the fourth quarter and full year through a conference call that will occur after financial results are released. The earnings conference call is scheduled at 4:30 p.m. EST/1:30 p.m. PST/11:30 a.m. HST


Otto Marine 3Q2014 Earnings at $2 mi

Courtesy Otto Marine

 * Group revenue increased by 16.8% to US$ 96.8 million for 3Q2014, higher revenue across all the three business segments  * Offshore Chartering, as the major revenue and profit generator, registered higher profit even as overall market was weak


SCI Declares 1H Financial Results

SCI Tanker

  The Shipping Corporation of India declared its unaudited financial results for the quarter ended 30.09.2014 posting a profit of Rs.18.59 Crores as compared to a loss of Rs.123.53 crores during the quarter ended 30.09.2013. This has resulted in a cumulative profit of Rs.68


OAO Sovcomflot’s 9M/Q3 2014 Results

  OAO Sovcomflot (SCF Group) today reported results for the nine months and third quarter (Q3) ended 30 September 2014.   Nine months 2014 – Financial Highlights (IFRS accounts) USD


Navios Revenue Up 25% in 3Q 2014

  Highlights of Navios Maritime Holdings Inc. Financial Results for the Third Quarter and Nine Months Ended September 30, 2014: Revenue 25% increase to $152.6 million for Q3; 10% increase to $420.2 million for nine months EBITDA 5% increase to $42.4 million for Q3;


Clarksons PLC Perform Strongly in 1H 2014

CEO Andi Case: Photo Clarksons

Leading shipping services group, Clarksons PLC reports strong strong financial performance in the first half of 2014. Financial Results Clarksons increased revenues by 25% to £111.7m in the first six months of 2014 (2013: £89


Madsen to Head Norwegian Cruise Line

Photo: Norwegian Cruise Line

Former President and Chief Operating Officer of Darden Restaurants Joins Norwegian Cruise Line Norwegian Cruise Line Holdings Ltd. announced today that Drew Madsen has joined the company as president and chief operating officer of Norwegian Cruise Line


TEN Comments on Tanker Market Conditions

Photo: Tsakos Energy Navigation

Crude price drop and dollar strength benefit TEN’s bottom line materially; third quarter financial results to be announced on November 21, 2014 Crude, product and LNG tanker operator Tsakos Energy Navigation Ltd. (TEN) said today it believes that the recent decline in TEN’s stock is


Offshore Oil: Lamprell Completes Caspian Sea Drilling Unit

(Jim Moffat, CEO of Lamprell. Source: Lamprell)

UAE-based Lamprell said that it completed construction of the second Caspian Sea jackup drilling rig, Mercury, for service in the Caspian Sea.   "I am delighted to report that we have completed the second drilling rig for use in the Caspian Sea


Good Performance by Dun & Bradstreet in 3Q 2014

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  Dun & Bradstreet, the world's leading source of commercial information and insight on businesses, today reported results for the third quarter ended September 30, 2014. "We continue to make good progress against our strategy and we are beginning to build momentum on our top line


ExxonMobil 3Q 2014 Earnings Conference Call

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  Exxon Mobil Corporation will release third quarter financial results on Friday, October 31, 2014. The earnings press release will be available at 7 a.m. CT at www.exxonmobil.com. Jeff Woodbury, vice president of Investor Relations


Mitsubishi Exits Cruise Business; Books $357m Loss

Mitsubishi Heavy Industries, Ltd. (MHI) announced its decision to book an extraordinary loss from its cruise ship business in the company's consolidated financial results for the first half (1H) of the current fiscal year (FY) 2014 (ending March 31, 2015). Reasons Behind the Extraordinary Loss


High Daily Rates Boost Bourbon Q3 Revenue

Bourbon Mistral (Photo: Bourbon)

Bourbon announced its financial results for the third quarter of 2014, in which its saw revenues increase by 5.7% year on year as fleet growth and higher average daily rates were partially offset by lower utilization rates. Bourbon said average daily rates increased in almost all segments and


Hawaiian Market Growth Boosts Matson Q3 Results

Photo: Matson

Matson, Inc., a U.S. carrier in the Pacific, announced its results for the third quarter of 2014, in which it reported a net income of $21.5 million, or $0.50 per diluted share, compared with $17.2 million or $0.40 per diluted share in 2013, while consolidated revenue for the third quarter 2014


Vard 3Q: Higher Revenues, Solid Order Book

18.5% increase in 3Q revenue, and 4.5% increase in 9M revenue from same periods in 2013. Vard Holdings Limited (“VARD”, and together with its subsidiaries, the “Group”), designers and shipbuilders of offshore and specialized vessels


Adani Ports Q2 Net jumps 68%

Adani Port

  Adani Ports & SEZ Ltd, India’s largest port developer and part of Adani Group, today announced financial results for the quarter and half year ended September 30, 2014. The company reported a 67.7 per cent rise in consolidated net profit at $ 95






 
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