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Star Bulk Announces Date for the Release of Second Quarter Ended June 30, 2025, Results, Conference Call, and Webcast
Globenewswire· 2025-07-08 13:40
Conference Call details: Participants should dial into the call 10 minutes before the scheduled time using the following numbers: (+1) 416 764 8646 / (+1) 888 396 8049. Please quote "Star Bulk Carriers" to the operator and/or conference ID 13754842. ATHENS, Greece, July 08, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the second quarter ended June 30, 2025, after the market closes in New York on Wednesda ...
X @Bloomberg
Bloomberg· 2025-07-08 11:50
The southern Indian state of Kerala has sued MSC Mediterranean Shipping for environmental damage caused by a ship capsizing off its coast, a court document shows https://t.co/etJNs2IrFL ...
Here's Why You Should Add Kirby Stock to Your Portfolio Now
ZACKS· 2025-07-04 16:51
Core Viewpoint - Kirby Corporation (KEX) is positioned as an impressive investment option due to multiple favorable factors impacting its performance [1]. Performance Overview - KEX has shown a strong price trend, gaining 32% over the past three months, outperforming the Zacks Transportation - Shipping industry's growth of 19.8% [2][7]. Investment Ratings - Kirby holds a Zacks Rank of 2 (Buy) and a VGM Score of B, indicating strong investment potential [4]. Earnings Performance - KEX has a positive earnings surprise history, exceeding the Zacks Consensus Estimate in the last four quarters with an average beat of 5.02% [5]. - Earnings for Q2 2025 are projected to grow by 11.19% year over year, while the overall earnings for 2025 are expected to increase by 18.38% year over year [5][7]. Industry Context - The industry rank for Kirby is 29 out of 245, placing it in the top 12% of Zacks Industries, which is crucial for stock performance [8]. Growth Drivers - Kirby is experiencing favorable market conditions, including higher pricing, increased barge utilization, and improved pricing in both inland and coastal markets [9]. Financial Health - As of Q1 2025, Kirby reported cash and cash equivalents of $51 million against a current debt level of $7 million, indicating strong liquidity [10]. - The current ratio stands at 1.58, higher than the previous quarter's 1.45 and the industry average of 1.31, suggesting a lower risk of default [10]. Shareholder Returns - Kirby has been actively repurchasing shares, having bought back 1.6 million shares for $174.6 million in 2024 and 1.25 million shares for $124.7 million as of April 30, 2025 [11].
Losing $500M in Turkey 🇹🇷
20VC with Harry Stebbings· 2025-07-04 14:00
We lost a whole bunch more in Turkey. I think we lost around 500 million. We backed a company called UN Roro which we thought was this incredible kind of logistics shipping player in Turkey.Remember the days um where everybody thought that's the next frontier, great demographic, 100% incredible innovation, increasing middle class. You know what we didn't see was rule of law was a bit of a flexible concept there. So what we thought was a protected player, suddenly there was some other entrant that came in ev ...
Star Bulk Carriers (SBLK) Earnings Call Presentation
2025-07-04 12:02
FINANCIAL RESULTS Q4 2024 Forward-Looking Statements This presentation contains certain forward-looking statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may include statements concerning the Company's plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts, identified by words such as "believe," " ...
FICC日报:MSC下半月价格沿用,运价顶部大概率已现-20250704
Hua Tai Qi Huo· 2025-07-04 07:35
MSC下半月价格沿用,运价顶部大概率已现 市场分析 线上报价方面。 Gemini Cooperation:马士基上海-鹿特丹29周价格为1785/2990;HPL 7月上半月船期报价2035/3235,7月下半月船 期报价2235/3535,8月上半月船期报价2235/3535。 MSC+Premier Alliance:MSC 上海-鹿特丹7月份上半月船期报价2180/3640,7月下半月船期报价2180/3640;ONE 上海-鹿特丹7月上半月船期报价2604/3343,7月下半月船期报价3094/4043;HMM上海-鹿特丹7月上半月价格 1915/3400. FICC日报 | 2025-07-04 Ocean Alliance:COSCO上海-鹿特丹 6月下半月船期报价2625/4225;CMA 上海-鹿特丹7月上半月船期报价 1985/3545,7月下半月船期报价2185/3945,8月份船期报价2585/4745;EMC7月上半月船期报价2555/3660;OOCL 7月份上半月船期价格2100/3500。 地缘端: 以色列——①以色列对黎巴嫩南部发动多轮空袭。②以色列与俄罗斯就伊朗和叙利亚问题举 ...
上海发往美国海运费近3周急跌54%
日经中文网· 2025-07-04 05:48
美国航线的船舱空间在中美达成协议后激增(Reuters) 日本等中国以外国家与美国之间的关税谈判大多仍未达成协议。如果对华关税再次提高,中美之间的运 输量有可能回到4月骤减时的水平。运费行情仍存在急剧波动的风险…… 上海发往美国的集装箱船现货(即时合约)运费暴跌,最近三周下跌了54%。此前因中美集装箱运输的 快速恢复而上涨,船运公司增加供应,供需紧张有所缓解。也有观点指出,运往美国的运输量已过顶 峰。中美达成关税协议后运费暴涨的混乱局面基本平息。 上海航运交易所的数据显示,截至6月27日,上海发往美国西海岸的集装箱运费(每个40英尺集装箱) 为2578美元。6月6日曾升至5606美元的近期最高点,但目前几乎回到了之前的水平。发往美国东海岸也 连续3周下跌。 中美根据部长级磋商的协议,于5月14日将相互征收的关税下调了115%。因4月加强对等关税而停滞的 中美集装箱运输量在达成协议后迅速恢复。 由于部分 关税下调为截至8月中旬的为期90天的限时措施,因此为了在期限内将货物送到美国而紧急预 订集装箱船的趋势加强。由于船舶的供需紧张,上海发往美国西海岸的运费出现创纪录上涨,每周的涨 幅均创历史新高。 运费走高并未长 ...
Teekay Tankers (TNK) Rises Higher Than Market: Key Facts
ZACKS· 2025-07-03 23:01
Teekay Tankers (TNK) closed at $44.25 in the latest trading session, marking a +2.22% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.83%. Meanwhile, the Dow experienced a rise of 0.77%, and the technology-dominated Nasdaq saw an increase of 1.02%. Shares of the oil and gas shipping company witnessed a loss of 4.75% over the previous month, trailing the performance of the Transportation sector with its gain of 5.56%, and the S&P 500's gain of 4.99%.Investors w ...
Wall Street Analysts See a 49.84% Upside in Scorpio Tankers (STNG): Can the Stock Really Move This High?
ZACKS· 2025-07-03 14:56
Scorpio Tankers (STNG) closed the last trading session at $41.85, gaining 4.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $62.71 indicates a 49.8% upside potential.The average comprises seven short-term price targets ranging from a low of $42.00 to a high of $75.00, with a standard deviation of $11.93. While the lowest estimate indicates an increase of 0.4% from the current pr ...
Buy These 4 Stocks With Solid Net Profit Margins to Enhance Returns
ZACKS· 2025-07-03 13:46
Key Takeaways NGS, ASC, ATGE, and RGCO show strong net margins and upward EPS revisions for fiscal 2025. All four stocks have Zacks Ranks of 1 or 2 and VGM Scores of A or B, indicating solid upside potential. Each company has an impressive track record of beating earnings estimates.The primary purpose of a business is to generate profits that can be reinvested in expansion or utilized for rewarding shareholders. The net profit margin is an effective tool to measure the profits reaped by a business.A highe ...