MACSEA Offers New Marine Solution for Measuring Hull Paint Performance

Ship owners, ship operators, and ship managers realize that hull fouling causes drag-related speed loss and increased fuel consumption when more power is delivered in order to maintain ship schedules. Hull fouling is also a topic of growing environmental concern and international regulation as it relates to green house gas emissions and the carriage... 

Fuel Systems Solutions, Inc. Enters Into Agreement to Acquire Alternative Fuel Systems (2004) Inc.

Fuel Systems Solutions, Inc. through its wholly owned subsidiary IMPCO Technologies, Inc. and Alternative Fuel Systems announced that they have entered into a support agreement pursuant to which IMPCO has agreed to offer to acquire, directly or indirectly, all of the outstanding common shares of AFS for Cdn.$0.50 in cash per share (the “Offer”).... 

Update: General Maritime Corporation Announces Proposed Public Offering of Common Stock

General Maritime Corporation today announced that it has commenced a public offering of primary shares of its common stock, par value $0.01 per share (the “Common Stock”). The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the... 

Houston Wire & Cable Company Reports Results for the Fourth Quarter and Year Ended December 31, 2010

Houston Wire & Cable Company announced operating results for the fourth quarter and fiscal year ended December 31, 2010. Selected highlights for the quarter: * Record sales of $93.5 million * Gross margin up 110 basis points over the fourth quarter of 2009 * Revenues increased 47.3% over the fourth quarter of 2009 * Net income up... 

Vermilion Energy Inc. Files Annual Information Form and Annual Report

Vermilion Energy Inc. announces the submission of its Annual Information Form (“AIF”) for the year ended December 31, 2010 to the System for Electronic Document Analysis and Retrieval. The AIF contains Vermilion’s Statement of Reserves Data and Other Oil and Gas Information as required under National Instrument 51-101. Vermilion has also filed... 

Peabody Energy Announces New Business Development and Law Appointments

Peabody Energy announced today two new leadership appointments: Murray Hundleby has been named Vice President and Chief Legal Officer – Australia, and Rebecca L. Kujawa has been promoted to Vice President – Business Development. In this new position, Hundleby will lead the law department supporting Peabody’s Australian business platform from... 

SEACOR Capital Announces Jay Shaw to Join as Managing Director

SEACOR Capital (Asia) Limited today announced that Jay Shaw joined the Company as Managing Director, based in Hong Kong. Mr. Shaw is responsible for overseeing the Company’s Asia Pacific aviation investments and business development activity. Mr. Shaw has extensive experience in the Hong Kong and mainland China private aviation markets, most recently... 

Algonquin Power & Utilities Corp. Announces 2010 Fourth Quarter and Year End Financial Results

Algonquin Power & Utilities Corp. today announced financial results for the fourth quarter and year ended December 31, 2010. On October 27, 2009, Algonquin Power Income Fund became a wholly owned subsidiary of Algonquin Power & Utilities Corp. (collectively “APUC”), maintaining the same operations and business activities, but under... 

Callon Petroleum Company Announces Fourth Quarter, Full Year 2010 Reporting Date and Conference Call

Callon Petroleum Company today announced its fourth quarter and full year 2010 results of operations will be released on Monday afternoon, March 14, 2011. A conference call discussing the results and current activity is scheduled for 10 a.m. Central Daylight Time Tuesday, March 15, 2011. The conference call may be accessed live over the internet through... 

Golden Predator Commences 2011 Yukon Drill Program

Golden Predator Corp. is pleased to announce that drilling commenced at its Brewery Creek Project on February 18th initiating the aggressive 2011 Yukon exploration program. The Brewery Creek winter drill program, with a minimum of 2,500 m of oriented core, is intended to expand upon the 2010 discovery at the Bohemian zone where the Company encountered...