Search results for: USD 159 million

149628 results

A list of search results

  • 30 July 2014

    Dominion reported earnings for the three months ended June 30 of $159 million, compared with earnings of $202 million for the same period in 2013. Operating earnings for the three months ended June 30 amounted to $361 million, compared to operating earnings of $355 million for the same period in 2013. Thomas F. Farrell II, […]

  • 19 August 2016
    Business & Finance

    Owner and operator of tanker vessels Navios Maritime Acquisition Corporation has reported its net income for the second quarter of 2016 at USD 12.2 million, representing a drop of USD 14.2 million compared to USD 26.4 million seen in the same quarter in 2015. The company said that the drop was mainly attributed to a decrease of USD 15.2 […]

  • 12 December 2012
    Business & Finance

    Lamprell has delivered the jackup rig “Muhaiyimat” to Abu Dhabi’s National Drilling Company (‘NDC’). Completion and delivery of the jackup rig, 26 months from initial steel cutting, was marked at a ceremony at Lamprell’s Hamriyah facility in the UAE on 8 November, and the rig departed the facility on 22 November and arrived at its […]

  • 12 December 2012
    Business & Finance

    Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewables industry, announces the completion of construction of the jackup rig “Muhaiyimat” and its delivery to Abu Dhabi’s National Drilling Company (‘NDC’). Completion and delivery of the jackup rig, 26 months from initial steel cutting, was […]

  • 31 March 2016
    Business & Finance

    COSCO Corporation (Singapore) Limited, a shipbuilding, marine engineering and dry bulk shipping group, suffered a net loss of SD 570 million (USD 423 million) compared to net profit of SD 20.9 million for the previous year. According to Wang Yu Hang, the Group’s Chairman, the significant net loss is mainly attributable to the continuing “depressed state of crude oil prices […]

  • 2 December 2015
    Business & Finance

    The US 5th District Court of Appeals in New Orleans, Lousiana, overseeing the Deepwater Horizon litigation, has set a penalty of USD 159.5 million for the oil major Anadarko, the co-owner and co-lessee of the well. The ruling was issued as part of the Clean Water Act penalty phase. According to the ruling, the Court said that the company […]

  • 31 March 2011
    Business & Finance, Equipment

    Inmarsat plc , the world’s leading provider of global mobile satellite communications services, today announces the acquisition of Ship Equip International A.S. (“Ship Equip”) for a total consideration of USD 159.5 million. Based in Alesund, Norway, Ship Equip is a leading provider of VSAT maritime communications services to the shipping, offshore oil & gas and […]

  • 13 October 2015
    Business & Finance

    NYSE-listed dry bulk specialist Genco Shipping & Trading Limited, formed by a recent merger between Genco Shipping & Trading Limited and Baltic Trading Limited, has taken delivery of the fourth and final Ultramax newbuilding to be delivered under Baltic Trading’s previously announced agreements with Chinese shipbuilder Yangfan Group. The 64,000 dwt Baltic Mantis was delivered to its charterer, […]

  • 13 October 2015
    Business & Finance

    NYSE-listed dry bulk specialist Genco Shipping & Trading Limited, formed by a recent merger between Genco Shipping & Trading Limited and Baltic Trading Limited, has taken delivery of the fourth and final Ultramax newbuilding to be delivered under Baltic Trading’s previously announced agreements with Chinese shipbuilder Yangfan Group. The 64,000 dwt Baltic Mantis was delivered to its charterer, […]

  • 21 March 2016
    Business & Finance

    South Korean shipbuilding major Hyundai Samho Heavy Industries (HHI), a shipbuilding affiliate of Hyundai Heavy Industries (HHI), has secured an order for two Suezmax tankers from Arab Maritime Petroleum Transport Co (AMPTC), Asiasis said. The 159,000 DWT Long Range 3 (LR3) oil tankers, priced at around USD 130 million, are slated for delivery next year. The order comes on the back of the […]

  • 14 November 2019
    Business & Finance

    CSSC Shipping said that the LNG carrier would be converted into a floating storage re-gasification unit (FSRU).

  • 31 October 2016
    Business & Finance

    Nasdaq-listed tanker shipping company Teekay Tankers has entered into an agreement to dispose of two of its 159,500 dwt tankers, according to data provided by VesselsValue. The two vessels, the LR2 tanker Ganges Spirit and the Suezmax tanker Yamuna Spirit, were sold to Greece-based shipowner New Shipping Ltd. VesselsValue said that the 2002-built tankers were […]

  • 7 August 2015
    Business & Finance

    NYSE-listed dry bulk specialist Genco Shipping & Trading Limited, recently merged with Baltic Trading Limited, has taken delivery of the Baltic Scorpion, a 64,000 dwt Ultramax newbuilding vessel. The 64,000 dwt Baltic Scorpion is the third of four Ultramax vessels to be delivered to the company under Baltic Trading’s previously announced agreements with Yangfan Group Co., Ltd. The Baltic […]

  • 25 June 2013
    Business & Finance

    The executive committee of Euronav NV yesterday announced that it has signed an extension of 4 years on its USD 300 million senior secured credit facility originally signed in April 2009 and which at the time of the extension had an outstanding of USD 221 million.  The facility will continue to finance 6 vessels: the […]

  • 7 August 2015
    Business & Finance

    NYSE-listed dry bulk specialist Genco Shipping & Trading Limited, recently merged with Baltic Trading Limited, has taken delivery of the Baltic Scorpion, a 64,000 dwt Ultramax newbuilding vessel. The 64,000 dwt Baltic Scorpion is the third of four Ultramax vessels to be delivered to the company under Baltic Trading’s previously announced agreements with Yangfan Group Co., Ltd. The Baltic […]

  • 14 February 2011
    Business & Finance

      Songa Offshore SE (“Songa” or “the Company”) reports total comprehensive income for the fourth quarter of 2010 of USD 110.1 million. Operating revenue for the fourth quarter was USD 159.1 million. This includes mobilization and demobilization revenue of USD 8.6 million. Total expenses for the fourth quarter were USD 22.1 million. The figure includes […]

  • 30 January 2017
    Business & Finance

    Greek shipping company Arcadia Shipmanagement has decided to sell Aegean Navigator, a Suezmax tanker, to Shipping Corporation of India (SCI), according to data provided by VesselsValue.  The 158,700 dwt vessel was sold for USD 31 million on January 27, 2017. Market value of the crude oil carrier currently stands at USD 28.25 million, VesselsValue’s data shows. […]

  • 19 November 2015

    Singapore-headquartered gas shipping company BW LPG ended the third quarter of 2015 with USD 106.2 million net profit, a 21.4% increase compared to USD 87.5 million reported for the same period a year earlier, driven mainly by improved time charter equivalent (TCE) earnings and a bigger operating fleet. Operating revenue for the quarter ended September 30 […]

  • 29 July 2016
    Business & Finance

    Malaysian port operator Westports Holdings Bhd said that the first phase of the expansion of its container terminal facilities has started operations with the addition of four new 52-metre high ship-to-shore cranes and six rubber tyred gantry cranes. When completed, the operator’s CT8 expansion project, which is expected to cost a total of MYR 1.1 billion (USD 270.6 million), would increase Westports’ total […]

  • 13 July 2016
    Business & Finance

    Bermuda-based shipping company Teekay Corporation added another Suezmax tanker, the Los Angeles Spirit, to its fleet on July 6. After successful completion of the vetting process, the 159,200 dwt vessel is now on its first voyage under Teekay technical management, according to the company. The 2007-built Los Angeles Spirit features a length of 274 meters and a width of 48 […]

  • 18 January 2017
    Business & Finance

    Cosco Corporation’s subsidiary from China, Cosco (Dalian) Shipyard, has delivered a salvage lifting vessel and a Panamax bulk carrier to their buyers. De Bo 3, the 17,000 dwt salvage lifting vessel, was handed over to China Yantai Salvage, VesselsValue’s data shows. With a gross tonnage of 32,300 tons, the newbuilding features a length of 159.6 […]

  • 30 September 2010
    Business & Finance

    Prosafe and Interpetroleum Services Limited have agreed to extend the bareboat contract for use of the semi-submersible accommodation rig Jasminia in the Cantarell field for Pemex in Mexico with 159 days. This is the first of a series of mutually agreeable extensions with a duration of up to six months each. If all extensions are […]