BNET Industries
Last Fiscal Year Sales:$176.7M
- Public
- US
Dow Jones Description
At U.S. Shipping, we're on course for long-term growth. We're building new state-of-the-art ships. Our shipboard safety and training are among the best afloat. We take our stewardship of the marine environment seriously, and we provide the high-quality service our customers expect. In short, we're on course to lead.
Number of Employees 454
Peer Companies
NAICS Code Coastal and Great Lakes Freight Transportation: 483113
Recent Events
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U.S. Shipping Partners Successfully Exits From Chapter 11 With Less Debt, Improved Liquidity and a...
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U.S. Shipping Partners Successfully Exits From Chapter 11 With Less Debt, Improved Liquidity and a...
News & Analysis
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u.s. shipping partners l.p. - All News and Analysis
U.S. Shipping Partners' Joint Venture for Product Tanker Construction Provides Update on Operations
- 2008-05-15
USS Products Investor LLC (the "Joint Venture"), a joint venture formed and financed by affiliates of The Blackstone Group, other investors and U.S. Shipping Partners L.P. (NYSE: USS) to finance the construction of five 49,000 deadweight ton double-hulled product tankers by National Steel and Shipbuilding Company ("NASSCO"), confirmed today that...
U.S. Shipping Partners L.P. Reports First Quarter 2008 Financial Results and Declares Distribution of $0.45 per Common Unit
- 2008-05-12
U.S. Shipping Partners L.P. (NYSE: USS) (the "Partnership") today reported its results for the first quarter ended March 31, 2008. The Partnership had voyage revenue of $51.5 million, operating income of $0.5 million and a net loss of $5.8 million for the three months ended March 31, 2008 compared...
U.S. Shipping Partners L.P. Announces Launching of Tug Galveston
- 2008-02-20
U.S. Shipping Partners L.P. (NYSE: USS) (the "Partnership") today announced the launching of the tug portion of its second articulated tug barge, or ATB, on February 15, 2008 at the Eastern Shipbuilding Group, Inc. shipyard in Panama City, Florida. Outfitting and commissioning of the tug will take place over...
U.S. Shipping Partners L.P. Reports Fourth Quarter and Full Year 2007 Financial Results
- 2008-02-11
U.S. Shipping Partners L.P. (NYSE: USS) (the "Partnership") today reported its results for the fourth quarter and year ended December 31, 2007. The Partnership had voyage revenue of $43.5 million, operating income of $4.9 million and a net loss of $1.4 million for the three months ended December 31,...
U.S. Shipping Partners L.P. Declares Fourth Quarter 2007 Distribution of $0.45 per Unit on Its Common Units
- 2008-02-07
U.S. Shipping Partners L.P. (NYSE: USS) (the "Partnership") today announced that the Board of Directors of its general partner declared a distribution of $0.45 per common unit in respect of the fourth quarter, or $1.80 per common unit for full year 2007. The distribution will be payable on February...
U.S. Shipping Partners L.P. Announces Current Expectations for Continued Payment of Distributions on Common Units
- 2007-11-26
U.S. Shipping Partners L.P. (NYSE: USS) (the "Partnership") today announced that it expects to pay the $0.45 fourth quarter distribution on its common units in full. In addition, in order to enhance liquidity for the Partnership's working capital requirements and payment of future minimum quarterly distributions on its common...
U.S. Shipping Partners L.P. Reports Third Quarter 2007 Financial Results
- 2007-11-07
U.S. Shipping Partners L.P. (NYSE: USS) (the "Partnership") today reported its financial results for its third quarter ended September 30, 2007. Three Months Ended September 30, 2007 The Partnership had a net loss for the quarter ended September 30, 2007 of $2.0 million compared to a net loss...
U.S. Shipping Partners L.P. Reschedules Third Quarter 2007 Earnings Conference Call
- 2007-11-05
U.S. Shipping Partners L.P. (the "Partnership") (NYSE: USS) will hold its quarterly conference call to discuss third quarter 2007 results on Wednesday, November 7, 2007 at 4:30 p.m. eastern time. Dial-in information for the conference call is as follows: -- Domestic - (800) 291-5365 -- ...
U.S. Shipping Partners' Joint Venture Announces Another Charter of Its Domestic Product Tanker Newbuildings
- 2007-10-04
U.S. Shipping Partners L.P. (NYSE: USS) (the "Partnership") announced today that it has entered into a long-term charter agreement with a major oil company for a new double-hulled product tanker being built for U.S. Shipping Partners' tanker joint venture. This vessel is due for delivery in late 2009 and...
U.S. Shipping Partners L.P. Reports Second Quarter 2007 Financial Results
- 2007-08-06
U.S. Shipping Partners L.P. (NYSE: USS) (the "Partnership") today reported its financial results for its second quarter ended June 30, 2007. Three Months Ended June 30, 2007 The Partnership's net income for the quarter was $2.4 million compared to $3.0 million for the quarter ended June 30, 2006....
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