SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Razorbak who wrote (41542)4/2/1999 8:49:00 PM
From: BigBull  Read Replies (1) | Respond to of 95453
 
Big news, if true, Razor. Can you confirm?

news.bbc.co.uk



To: Razorbak who wrote (41542)4/3/1999 7:13:00 PM
From: Mark Adams  Read Replies (2) | Respond to of 95453
 
It would seem to me that TMAR should not be far behind HMAR. Looking at both companies 8 months ago showed high level of debt compared to TDW. Any reasons, off the top of your head, why TMAR should weather the environment better than HMAR?

TIA



To: Razorbak who wrote (41542)6/3/1999 11:41:00 PM
From: Razorbak  Read Replies (1) | Respond to of 95453
 
Hvide Marine (HMAR) Update

I'm surprised that no one picked up on this recent press release...

Comments anyone? Please don't all speak up at once. That flurry of posts in support of MEXP was overwhelming. ;^)

Razor
____________

Hvide Marine Elects New Chairman, President And CEO

Wednesday June 2, 12:44 pm Eastern Time

Company Press Release

SOURCE: Hvide Marine Incorporated

FORT LAUDERDALE, Fla., June 2 /PRNewswire/ -- Hvide Marine Incorporated (Nasdaq: HMAR - news) today announced the election of Jean Fitzgerald as Chairman, President and Chief Executive Officer. Mr. Fitzgerald replaces J. Erik Hvide, who is stepping down from these positions for personal reasons but will remain a member of the Company's Board of Directors. The election of Mr. Fitzgerald is effective immediately.

"We salute Erik Hvide for his vision and leadership in building the Company into a worldwide leader in marine support and transportation services," commented Mr. Fitzgerald, "and we will continue to benefit from Erik's experience through his service on the Board."

Mr. Fitzgerald, 73, has been a director of the Company since 1994 and is widely known within the maritime industry. A former Commissioner and Chairman of the Port Everglades Authority, Mr. Fitzgerald retired from the U.S. Navy in 1974 in the rank of Captain, having commanded major fleet units at sea and served in the offices of the Chief of Naval Operations and the Secretary of Defense. He subsequently served as President of Tracor Marine and as a co-founder and President of American Tank Testing Service, Inc. In 1982 and 1983, he was Hvide's Vice President of Governmental Affairs.

Mr. Hvide, 50, steps down from active duty after 29 years of service with the Company, which was founded by his father, Hans J. Hvide, in 1958. Under his leadership, the Company grew from a small family-owned operation into a leading international provider of marine support and transportation services with revenues of over $400 million in 1998. Mr. Hvide played a key role in taking the Company public in 1996 and is a noted innovator in vessel design, having patented the CATUG® catamaran-and-tug combination and the recently introduced Ship Docking Module (SDM(TM)), a revolutionary tractor-tug design.

With a fleet of 284 vessels, Hvide Marine (pronounced ''VEE-dah'') is one of the world's leading providers of marine support and transportation services, primarily to the energy and chemical industries. Visit Hvide on the Web at www.hvide.com.

SOURCE: Hvide Marine Incorporated



To: Razorbak who wrote (41542)8/17/1999 1:26:00 AM
From: Razorbak  Read Replies (1) | Respond to of 95453
 
Altman Bankruptcy Predictor - Hvide Marine Inc. (NASDAQ:HMAR), Rev. 3

Not quite as interesting as KCS right now, but still a negative Z-score trend.

09/30/98Q, Z-score = 0.81 = Near Death (#reply-8422798)
12/31/98A, Z-score = 0.52 = Near Death (#reply-8678406)
03/31/99Q, Z-score = 0.20 = Near Death (#reply-9604290)
06/31/90A, Z-score = 0.11 = Near Death (#reply-10978007)

Anyone want to hazard a guess as to which way this one's gonna break? Slider, are you buying here? ;-)

All of the above is strictly my opinion, of course. Invest at your own risk, either long or short.

Razor