Omega Navigation Enterprises, Inc. Announces Date for the Release of Third Quarter 2009 Results, Conference Call, and Webcast
16 Dicembre 2009 - 4:30PM
Marketwired
Omega Navigation Enterprises, Inc. (NASDAQ: ONAV) (SGX: ONAV50), a
provider of global marine transportation services focusing on
product tankers, announced today that it will release its results
for the third quarter ended September 30, 2009, after the close of
the market on Friday, December 18, 2009.
On Monday, December 21, 2009, at 10:00 am EST, the company's
management will host a conference call to discuss the results, as
well as providing an update on the company.
Conference Call Details:
Participants should dial into the call 10 minutes before the
scheduled time using the following numbers: 1-866-819-7111 (US Toll
Free Dial In), 0800-953-0329 (UK Toll Free Dial In) or +44
(0)1452-542-301 (Standard International Dial In). Please quote
"Omega."
A telephonic replay of the conference call will be available
until December 28, 2009 by dialing 1-866-247-4222 (US Toll Free
Dial In), 0800-953-1533 (UK Toll Free Dial In) or
+44(0)1452-55-00-00 (Standard International Dial In). Access Code:
3663884#.
Audio Webcast:
There will also be a live, and then archived, webcast of the
conference call, that can be accessed through Omega Navigation's
website at www.omeganavigation.com. Participants to the live
webcast should register on the website approximately 10 minutes
prior to the start of the webcast.
About Omega Navigation Enterprises, Inc.
Omega Navigation Enterprises, Inc. is an international provider
of global marine transportation services through the ownership and
operation of nine double hull product tankers with a carrying
capacity of 559,358 dwt.
The Company was incorporated in the Marshall Islands in February
2005. Its principal executive offices are located in Piraeus,
Greece and it also maintains an office in the United States.
Omega Navigation's Class A common shares are traded on the
NASDAQ National Market under the symbol "ONAV" and are also listed
on the Singapore Exchange Securities Trading Limited under the
symbol "ONAV 50."
Cautionary Statement Regarding Forward-Looking Statements
Matters discussed in this press release may constitute
forward-looking statements. The Private Securities Litigation
Reform Act of 1995 provides safe harbor protections for
forward-looking statements in order to encourage companies to
provide prospective information about their business.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements, which are other than
statements of historical facts.
The Company desires to take advantage of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995
and is including this cautionary statement in connection with this
safe harbor legislation. The words "believe," "anticipate,"
"intends," "estimate," "forecast," "project," "plan," "potential,"
"will," "may," "should," "expect" "pending" and similar expressions
identify forward-looking statements.
The forward-looking statements in this press release are based
upon various assumptions, many of which are based, in turn, upon
further assumptions, including without limitation, the Company's
management's examination of historical operating trends, data
contained in the Company's records and other data available from
third parties. Although the Company believes that these assumptions
were reasonable when made, because these assumptions are inherently
subject to significant uncertainties and contingencies which are
difficult or impossible to predict and are beyond the Company's
control, the Company cannot assure you that the Company will
achieve or accomplish these expectations, beliefs or
projections.
In addition to these important factors other important factors
that, in the Company's view, could cause actual results to differ
materially from those discussed in the forward-looking statements
include the strength of world economies and currencies, general
market conditions, including fluctuations in charter rates and
vessel values, changes in demand for product tanker and dry bulk
shipping capacity, changes in the Company's operating expenses,
including bunker prices, drydocking and insurance costs, the market
for the Company's vessels, availability of financing and
refinancing, changes in governmental rules and regulations or
actions taken by regulatory authorities, potential liability from
pending or future litigation, general domestic and international
political conditions, potential disruption of shipping routes due
to accidents or political events, vessels breakdowns and instances
of off-hires and other factors. Please see the Company's filings
with the Securities and Exchange Commission for a more complete
discussion of these and other risks and uncertainties.
Contacts: Company Contact: Gregory A. McGrath Chief Financial
Officer Omega Navigation Enterprises, Inc. PO Box 272 Convent
Station, NJ 07961 Tel. (551) 580-0532 E-mail:
gmcgrath@omeganavigation.com www.omeganavigation.com Investor
Relations / Financial Media: Nicolas Bornozis President Capital
Link, Inc. 230 Park Avenue, Suite 1536 New York, NY 10169 Tel.
(212) 661-7566 E-mail: omeganavigation@capitallink.com
www.capitallink.com
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