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 [...]
Overall confidence levels in the shipping industry fell to their lowest level for three and a half years in the three months ended August 2011, according to the latest shipping [...]
News
- VLCC Spot Charter Market Boosts Results for Knightsbridge Tankers
- Drydocks World Singapore Delivers New Anchor Handler to Greatship Global Offshore
- Preventing Disaster – Protect Your Rescue Team At All Cost
- Mitsubishi Develops System to ‘Right the Ship’
- A Failure To Communicate – The Best YouTube Commercial Ever Made
Forum- Maritime Matters to the US Pacific Northwest and other "NEWS" captfish
- HELP! ahmerriam
- First Ship Lease Likely To Fall; Berlian Laju Defaults on Chemical Tankers rob
- entry level MMC Jnx
- The gCaptain Whitelist... One Minute Of Your Time john
- MARKET TALK: Asia Fuel Oil: Spreads Narrow Sharply; Litasco Books Rotterdam VLCC rob
- 432 unit fleet, 62 years in the making - of MATCHSTICKS! Wee Doch
- Escopeta Oil Drills for Oil, Finds Fines RichMadden
- Does exporting LNG from the United States make sense? rob
- What are Weather Routing and Vessel Performance Monitoring? fredwx
Subscribe
Click HERE for gCaptain’s free daily newsletter.Find Us On Facebook
