Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, announced that it has entered into a time charter contract with Hyundai Merchant Marine Co. Ltd, Seoul, South Korea, for one of its Panamax dry bulk carriers, the m/v Erato, at a gross rate of US$12,200 per day, minus a 5% commission paid to third parties for a minimum thirteen (13) to about sixteen (16) month period. The charter is expected to commence early December 2011.
This employment is expected to generate approximately US$4.76 million of gross revenues for the minimum scheduled period of the charter.
The Erato is a 74,444 dwt Panamax dry bulk carrier built in 2004.
Our main objective is to manage and expand our fleet in a manner that will enable us to enhance shareholder value. To accomplish this objective, we intend to pursue highly focused business strategies, including: continuing to operate a high quality fleet; strategically expanding the size of our fleet; pursuing an appropriate balance of short-term and long-term time charters; maintaining a strong balance sheet; and maintaining low cost, highly efficient operations. In addition, we intend to capitalize on our reputation for high standards of performance, reliability and safety to establish and maintain relationships with major international charterers and financial institutions.
Diana Shipping Inc. is a leading global provider of shipping transportation services through the ownership and operation of dry bulk vessels. The Company’s vessels are employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.
VoIP (Voice over Internet Protocol) is an IP telephony term for a set of facilities used to manage the delivery of voice information over the Internet. VoIP involves sending voice information in digital form in discrete packets rather than by using the traditional circuit-committed protocols of the public switched telephone network (PSTN). A major advantage of VoIP and Internet telephony is that it avoids the tolls charged by ordinary telephone service.
Crown Equity Holdings Inc. (OTC:CRWE) recently announced that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc., which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc., will own fifty percent (50%) interest in the joint venture.
Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: �We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market.�
Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.
Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
CRWE�s digital network is designed, on behalf of its clients, to bring together targeted high-income audiences and advertisers on its financial websites that include, among others, DrStockPick.com, PennyOmega.com, BestOtc.com, CRWEFinance.com, CRWESelect.com, CRWEPicks.com and StockHotTips.com.
For more information visit: http://www.crownequityholdings.com/
DigitalGlobe, Inc. (NYSE:DGI), a leading global provider of high-resolution earth imagery solutions, announced that its management will be presenting at the Citi Small and Mid Cap Conference in Las Vegas, Nev. on Nov. 16, 2011 at 8:05 a.m. PST. Live and archived audio webcasts of DigitalGlobe’s presentations will be available on the investor relations portion of DigitalGlobe’s website at www.digitalglobe.com.
DigitalGlobe is a leading global provider of commercial high-resolution earth imagery products and services sourced from our own advanced satellite constellation.
Williams-Sonoma Inc. (NYSE:WSM) announced that it will release its third quarter fiscal 2011 results on Thursday, November 17, 2011, prior to market open. Following the release via the wire services, the Company will host a conference call beginning at 10:00 AM Eastern Time, which can be accessed at http://www.williams-sonomainc.com/webcast. Please make sure you have Windows Media Player or Real Player installed on your computer. Following the call, a replay of the webcast will be available at http://www.williams-sonomainc.com/webcast beginning at 1:00 PM Eastern Time on Thursday, November 17, 2011.
Williams-Sonoma, Inc. operates as a specialty retailer of home products. It offers culinary and serving equipment, including cookware, cookbooks, cutlery, informal dinnerware, glassware, table linens, specialty foods, and cooking ingredients; and bridal and gift items under the Williams-Sonoma brand name.
AngloGold Ashanti Ltd. (NYSE:AU) Record quarterly adjusted headline earnings of $457m, 118 US cents a share. Record quarterly operating cash flow of $863m. Net Debt 28% lower at $620m. Change to quarterly dividend; Q3 2011 dividend of 90 South African cents a share. Strong demand from Central Banks, ETF’s and jewellery. Production for the three months to 30 September 2011 was 1.092Moz at a total cash cost of $737/oz. This compared to guidance of 1.11Moz at $775/oz and the previous quarter’s production of 1.086Moz at $705/oz. The previous quarter’s costs received the once-off benefit of higher-grade feed at Geita to compensate for the SAG mill shutdown, which was not repeated during the third quarter. The third quarter’s result was bolstered by strong performances at Geita in Tanzania, Iduapriem in Ghana and from the Americas, where Cerro Vanguardia in Argentina was once again a standout as the group’s most efficient producer. Nevertheless, drought continues to impact production from Cripple Creek, while Sunrise Dam’s recovery from flooding in the first half of the year was again slower than anticipated, as was the ramp-up of production following the five- day wage-related strike at the South African operation. In addition, winter power tariffs, higher wages, increased royalties and lower by-product credits also contributed to cost pressure in South Africa.
AngloGold Ashanti Limited primarily engages in the exploration and production of gold. It also produces silver, uranium oxide, and sulfuric acid.
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