K-Sea Transportation - 2010 News Releases

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09/01/10

K-Sea Transportation Partners L.P. Announces Fourth Quarter Fiscal 2010 Earnings Conference Call

NEW YORK, Sep 01, 2010 (BUSINESS WIRE) -- K-Sea Transportation Partners L.P. (NYSE: KSP), a provider of refined petroleum products marine transportation, distribution and logistics services in the U.S. domestic marine transportation market, will hold its quarterly conference call to discuss its fourth quarter fiscal 2010 results on Thursday, September 2, 2010 at 9:00 a.m. Eastern Time. Dial-in information for the call is as follows: Domestic - 800.561.2601 International - 617.61...

09/01/10

K-Sea Transportation Partners L.P. Enters into Agreement to Raise up to $100 Million Through Direct Equity Investment and Completes Amendments to Credit Facility and Term Loans; Announces Fourth Quarter and Fiscal 2010 Results

NEW YORK, Sep 01, 2010 (BUSINESS WIRE) -- K-Sea Transportation Partners L.P. (NYSE: KSP) today announced it has entered into a definitive agreement with KA First Reserve, LLC ("KA First Reserve"), a partnership between First Reserve and Kayne Anderson Capital Advisors, whereby KA First Reserve will invest up to $100 million in cash in exchange for approximately 18.4 million convertible preferred units (the "Preferred Units"). All of the proceeds from the sale of the Preferred Units will be used...

08/30/10

K-Sea Transportation Partners L.P. Postpones Its Fourth Quarter Fiscal 2010 Earnings Conference Call

NEW YORK, Aug 30, 2010 (BUSINESS WIRE) -- K-Sea Transportation Partners L.P. (NYSE: KSP) today announced it is postponing its fourth quarter fiscal 2010 earnings conference call, which was previously scheduled for Tuesday, August 31, 2010. The Company expects to enter into an agreement tomorrow with its revolving credit lenders to provide an extension of the waiver period that was previously scheduled to expire on August 31, 2010. Additionally, the Company is working with its lenders to amend th...

08/09/10

K-Sea Transportation Partners L.P. Announces Fourth Quarter Fiscal 2010 Earnings Conference Call

NEW YORK, Aug 09, 2010 (BUSINESS WIRE) -- K-Sea Transportation Partners L.P. (NYSE: KSP), a provider of refined petroleum products marine transportation, distribution and logistics services in the U.S. domestic marine transportation market, will hold its quarterly conference call to discuss its fourth quarter fiscal 2010 results on Tuesday, August 31, 2010 at 9:00 a.m. Eastern Time. Additionally, President and CEO Timothy J. Casey stated, "As we mentioned in our July 8, 2010 news release, E...

07/08/10

K-Sea Transportation Partners L.P. Executes an Amendment Letter to Its Revolving Credit Agreement to Provide for Waiver Period

NEW YORK, Jul 08, 2010 (BUSINESS WIRE) -- K-Sea Transportation Partners L.P. (NYSE:KSP) (the "Partnership") announced today that K-Sea Operating Partnership L.P., a wholly owned subsidiary of the Partnership, executed an amendment letter (the "Amendment Letter") to its revolving credit agreement (the "Revolving Credit Agreement") to evidence an agreement with the revolving credit lenders to negotiate changes in certain financial covenants through August 31, 2010. In the event the Partnership is...

04/29/10

K-Sea Transportation Partners L.P. Announces Operating Results for Third Quarter of Fiscal 2010

NEW YORK, Apr 29, 2010 (BUSINESS WIRE) --K-Sea Transportation Partners L.P. (NYSE:KSP) today announced operating results for its third fiscal quarter ended March 31, 2010. The Company reported an operating loss of $5.3 million, and earnings before interest, taxes, depreciation and amortization ("EBITDA") of $9.1 million, for the third quarter of fiscal 2010. EBITDA is a non-GAAP financial measure that is reconciled to net income, the most directly comparable GAAP measure, in the table below. P...

04/21/10

K-Sea Transportation Partners L.P. Announces Third Quarter Fiscal 2010 Earnings Conference Call

NEW YORK, Apr 21, 2010 (BUSINESS WIRE) --K-Sea Transportation Partners L.P. (NYSE:KSP), a provider of refined petroleum products marine transportation, distribution and logistics services in the U.S. domestic marine transportation market, will hold its quarterly conference call to discuss its third quarter fiscal 2010 results on Thursday, April 29, 2010 at 9:00 a.m. Eastern Time. Dial-in information for the call is as follows: Domestic - 866.314.5050 International - 617.213.8051 ...

01/28/10

K-Sea Transportation Partners L.P. Announces Operating Results for Second Quarter of Fiscal 2010

NEW YORK, Jan 28, 2010 (BUSINESS WIRE) -- K-Sea Transportation Partners L.P. (NYSE:KSP) today announced operating results for its second fiscal quarter ended December 31, 2009. The Company reported operating income of $1.3 million, and earnings before interest, taxes, depreciation and amortization ("EBITDA") of $15.9 million, for the second quarter of fiscal 2010. EBITDA is a non-GAAP financial measure that is reconciled to net income, the most directly comparable GAAP measure, in the table belo...

01/22/10

K-Sea Transportation Partners L.P. Amends Revolving Credit Agreement, Other Debt Obligations and Operating Leases

NEW YORK, Jan 22, 2010 (BUSINESS WIRE) -- K-Sea Transportation Partners L.P. (NYSE:KSP) (the "Partnership") announced today that K-Sea Operating Partnership L.P., a wholly owned subsidiary of the Partnership, has entered into an amendment (the "Amendment") to its revolving credit agreement (the "Revolving Credit Agreement") and modified or obtained consents under other debt obligations and operating leases in a manner consistent with the Amendment. The Amendment reduces the lenders' commitment...

01/20/10

K-Sea Transportation Partners L.P. - Second Quarter Fiscal 2010 Earnings Conference Call

NEW YORK, Jan 20, 2010 (BUSINESS WIRE) -- K-Sea Transportation Partners L.P. (NYSE:KSP), a provider of refined petroleum products marine transportation, distribution and logistics services in the U.S. domestic marine transportation market, will hold its quarterly conference call to discuss its second quarter fiscal 2010 results on Thursday, January 28, 2010 at 8:30 a.m. Eastern Time. Dial-in information for the call is as follows: Domestic - 866.761.0749 International - 617.614.2...