SEACOR Holdings announced today that it will be selling off a portion of its environmental business to J.F. Lehman & Company, a private equity firm focused on the defense, aerospace [...]
Houston, Texas – Kirby Corporation (NYSE:KEX) has announced record net earnings attributable to Kirby for the fourth quarter ended December 31, 2011 of $56.2 million, or $1.00 per share, compared [...]
Noble Corp.’s (NE) fourth-quarter profit rose 29% as the offshore driller’s contract revenue improved. Noble has been investing billions of dollars in fleet upgrades over the past year with an [...]
Transocean Ltd. (NYSE: RIG), the world’s largest offshore drilling contractor, said today that its Executive Vice President and Chief Financial Officer, Ricardo Rosa, will step down from the position effective January 9, 2012 [...]
Executives of publicly traded shipping and offshore drilling companies have a legal duty to act in the interest of the shareholders of their respective organizations. To fulfill this duty, executives [...]
MONACO – Scorpio Tankers Inc. (NYSE: STNG) announced that it has signed a contract with South Korea’s Hyundai Mipo Dockyard Co. (HMD) to construct a 52,000 DWT Medium Range (MR) product [...]
Diana Containerships Inc. acquires two Panamax container vessels, signs US$100 Million Credit Facility With The Royal Bank of Scotland ATHENS, Greece, Dec. 19, 2011 (GLOBE NEWSWIRE) — Diana Containerships Inc. [...]
Transocean Ltd. (RIG, RIGN.VX) said it is offering 26 million shares of its common stock as the offshore oil drilling giant looks to raise funds to help refinance a recent [...]
General Maritime Corp. (GMR) voluntarily filed for Chapter 11 bankruptcy and reached agreements with key senior lenders for a financial restructuring that will allow the oil-tanker company’s operations to continue. [...]
By Jonathan Hoenig We do not trade a firm’s earnings, management or products, only shares of its stock. Therefore, price alone should guide our decision making process of how best [...]
By Jonathan Hoenig, Capitalistpig Hedge Fund LLC Being a contrarian is lonely. People think you’re crazy. Consider the cases of gold and Apple. “There is still a small minority of [...]
Horizon Lines’ common stock started trading on the over-the-counter securities market today under the symbol HRZL following the companies delisting from the New York Stock Exchange. The switch to the OTC marketplace [...]
News
- Horizon Reliance Responds to High Seas Distress Call, Rescues Family of Three [VIDEO]
- Jensen to Design Custom “Super Pumper” Fireboat for City of San Francisco
- By the Numbers: How Much Does Somali Piracy Cost? [REPORT]
- G6 Alliance Set to Launch Asia-Europe Liner Service
- Rabaul Shipping Fleet Seized in Papua-New Guinea by Angry Mob
Forum- Petrobras Approves 26 Rigs for 15-year contracts with Sete and Ocean Rig rob
- Trouble with working in Africa - VIDEO Mikey
- Dome vs. Open Array Radar CaptChris878
- Just A Test - Looking For Hydrostatic Releases john
- MSC: BUC increase USA to S. America West Coast, Central America, Caribbean rob
- MSC: BUC increase from Canada to S. America West Coast, Central America, Caribbean rob
- MSC:GRI Announcement on cargo from the West Mediterranean and Adriatic - Red Sea rob
- MARKET TALK: Daiwa Upgrades SembCorp To Outperform From Hold rob
- Tanker Market Update - Knightsbridge Tankers [REPORT] rob
- CBP Regulations Pertaining to Escopeta Oil Fines RichMadden
Subscribe
Click HERE for gCaptain’s free daily newsletter.Find Us On Facebook
