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DHT Holdings, Inc. announces the results of the 2025 Annual Meeting of Shareholders
Globenewswire· 2025-06-12 20:15
HAMILTON, BERMUDA, June 12, 2025 – DHT Holdings, Inc. (NYSE:DHT) (“DHT”) announces the results of its 2025 Annual Meeting of Shareholders (the “Annual Meeting”) held on Wednesday, June 11, 2025. Shareholders holding an aggregate of 111,518,652 common shares of DHT were present or represented by proxy at the Annual Meeting, representing approximately 69.44% of the issued and outstanding common shares of DHT as of the close of business on April 23, 2025, the record date for the Annual Meeting. At the Annual ...
5 stocks to consider right now amid volatility and uncertainty: Portfolio manager
Yahoo Finance· 2025-06-12 20:07
John, uncertainty has certainly been the word of the day, the week, the month, but we've seen this resilience in stocks, this V-shaped recovery. How should investors be digesting this latest market action and really the volatility that we've seen. Well, they should be embracing volatility.You know, volatility is the friend of the buyer of long-term value. And, you know, we had this we have had this massive rebound. Um, you know, 20% up.We really did have a bare market intraday, April 7th, April 8th. um we d ...
TEN Ltd. Announces Delivery of “Dr Irene Tsakos”, an Eco-Friendly Suezmax From Hyundai Heavy, South Korea
Globenewswire· 2025-06-12 20:05
Core Insights - TEN Ltd. has secured total future revenues of approximately $3.7 billion through long-term charters with major energy companies [1][3] - The company continues to expand its fleet with the delivery of eco-friendly vessels, enhancing its operational capacity and commitment to sustainable energy transportation [2][5] Company Developments - The delivery of the eco-friendly scrubber-fitted suezmax tanker Dr Irene Tsakos and the naming of its sister vessel Silia T mark significant milestones in TEN's fleet renewal strategy [2][6] - The Dr Irene Tsakos has secured a five-year charter, while Silia T has a three-year charter with options to extend, contributing to the company's revenue backlog [3][6] - TEN currently has 19 vessels under construction, with deliveries scheduled between Q3 2025 and Q4 2028, including a mix of shuttle tankers, crude carriers, and product tankers [4][9] Fleet and Capacity Expansion - Since initiating the 'Greenship' program in January 2023, TEN has divested 14 older vessels totaling 1.2 million dwt and replaced them with 30 new eco-friendly vessels totaling 3.7 million dwt [5] - The company's fleet now consists of 82 vessels, with 63 currently in operation, reflecting a significant increase in total carrying capacity [4][9]
W&T Offshore: It's Underpriced With Some Bullish Signals
Seeking Alpha· 2025-06-12 18:26
I have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a decade. Currently, I focus on ASEAN and NYSE/NASDAQ Stocks, particularly in banks, telco, logistics, and hotels. Since 2014, I have been trading on the PH stock market. I focus on banking, telco, and retail sectors. A colleague encouraged me to engage in the stock market as part of my portfolio diversification instead of putting all my savings in banks and properties. ...
Globus Maritime Sets Date for the Release of First Quarter 2025 Results
Globenewswire· 2025-06-11 20:05
GLYFADA, Greece, June 11, 2025 (GLOBE NEWSWIRE) -- Globus Maritime Limited ("Globus," the “Company”, (“we,” or “our”), (NASDAQ: GLBS), a dry bulk shipping company, announced today that it will release financial results for the three‐month period ended March 31, 2025, after the market closes in New York on Monday, June 16, 2025. About Globus Maritime Limited About Globus Maritime Limited, Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide. The Company’s o ...
Is ZIM Stock's Cheap Valuation Reason Enough to Bet on it?
ZACKS· 2025-06-11 16:26
Core Insights - ZIM Integrated Shipping (ZIM) shares are considered undervalued within the Zacks Transportation-Shipping industry, holding a Value Score of A [1] - The stock trades at a forward 12-month price-to-sales (P/S) ratio of 0.32X, significantly lower than the industry average of 1.95X and peers like Star Bulk Carriers (SBLK) and Euroseas (ESEA), both of which have a Value Score of B [1][10] Valuation and Financial Performance - ZIM's asset-light business model focuses on leasing rather than owning vessels, allowing for rapid capacity adjustments in response to market changes [5] - The company maintains strong pricing power by focusing on niche markets and high-margin trade routes, supported by investments in digitalization and innovative technologies [6] - ZIM's high dividend yield reflects its financial health, with a regular dividend of approximately $382 million or $3.17 per share declared in the December quarter, and a cash dividend of approximately $89 million or 74 cents per share in the first quarter of 2025 [7][8] Earnings and Market Position - ZIM has consistently beaten earnings expectations, with an average surprise of 34.5% over the last four quarters [11] - Despite the strong performance, the company faces challenges from ongoing tariff tensions, particularly with significant exposure to China and the United States, which has negatively impacted transpacific volumes [12] - The company's long-term debt has increased significantly, reaching $4.7 billion at the end of 2024, raising concerns about its financial leverage [14] Stock Performance and Outlook - ZIM's stock has declined 19.6% year-to-date, underperforming the industry average decline of 4.8%, while peers like SBLK and ESEA have fared better [16] - Although ZIM's valuation appears attractive, the economic uncertainty stemming from tariffs and high debt levels clouds its near-term outlook [20]
腾讯音乐买下喜马拉雅,但字节还在猛攻一切丨南财号联播
Group 1 - Pang Donglai estimates a net profit of approximately 1.5 billion yuan for 2025, with over 8,000 employees earning an average after-tax monthly income of 9,000 yuan [1] - As of June 9, 2025, Pang Donglai Group's total sales have exceeded 10.6 billion yuan [1] - The A-share market saw the Shanghai Composite Index rise above 3,400 points, with significant gains in rare earth and automotive parts sectors [1] Group 2 - Tencent Music announced the acquisition of Ximalaya for approximately $12.6 billion in cash and stock, totaling around $27-28 billion [2] - Ximalaya's decision to sell follows multiple unsuccessful attempts to go public, indicating a search for stability [2] - The audio streaming industry is becoming increasingly competitive, with ByteDance aggressively expanding its market presence [2] Group 3 - 52TOYS has submitted its prospectus for an IPO in Hong Kong, aiming to capitalize on the popularity of collectible toys [3] - The company has secured new financing from various institutions, positioning itself among the top three IP toy companies in China by GMV [3] - The success of Pop Mart, driven by its LABUBU IP, sets a high benchmark for 52TOYS in the collectible toy market [3] Group 4 - The AI wave is rapidly reshaping the business landscape, with significant reductions in computing costs and an explosion of application scenarios [4] - Investors are keenly observing industry trends to identify potential opportunities in AI applications and hardware integration [4] - The focus for investment in the latter half of 2025 is expected to be on AI applications and their combination with hardware [4]
FICC日报:美西运价有见顶迹象,关注马士基6月最后一周报价-20250611
Hua Tai Qi Huo· 2025-06-11 03:41
FICC日报 | 2025-06-11 美西运价有见顶迹象,关注马士基6月最后一周报价 市场分析 线上报价方面。 Gemini Cooperation:马士基上海-鹿特丹25周价格1695/2830;HPL 6月份上半月船期报价1635/2535,6月下半月船 期报价1835/2935,7月上半月船期报价2635/4435。 MSC+Premier Alliance:MSC 上海-鹿特丹6月上半月船期报价1580/2640,6月下半月船期报价1940/3240;ONE上 海-鹿特丹 6月份上半月船期报价2381/2437,6月下半月船期报价2571/2937;HMM6月下半月上海-鹿特丹价格 1717/3004。 Ocean Alliance:COSCO上海-鹿特丹 6月下半月船期报价2625/4225;CMA 6月上海-鹿特丹 6月上半月船期报价 1635/2845,6月下半月船期报价1861/3297,7月份船期报价2385/4345;EMC6月下半月船期报价2555/3610;OOCL 6月下半月报价1850/3100. 部分船司宣布6月份下半月涨价函,MSC 6月份下半月涨价函价格2340/3900( ...
Heidmar Maritime Holdings Corp. Reports Results For the Quarter Ended March 31, 2025
Globenewswire· 2025-06-10 20:15
ATHENS and NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Heidmar Maritime Holdings Corp. (the "Company" or "Heidmar") (NASDAQ: HMR) today reported its results for the quarter ended March 31, 2025. First Quarter 2025 Highlights Total net revenues of $5.8 million. Net loss attributable to shareholders of $6.0 million or $0.1 per share Adjusted net income(1)attributable to shareholders for the quarter of $875,194 or $0.02 income per share, excluding non-cash expense of $3.9 million relating to the fair value of ...
Capital Clean Energy Carriers Corp. Announces Implementation of Dividend Reinvestment Plan
Globenewswire· 2025-06-10 20:05
ATHENS, Greece, June 10, 2025 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (NASDAQ:CCEC) (the “Company” or “our”) today announced that it has implemented a Dividend Reinvestment Plan (the “Plan”) to provide our shareholders with a convenient and economical way to reinvest cash dividends to purchase our common shares. The Plan is open to existing shareholders of the Company and investors who become shareholders of the Company in the future outside of the Plan. Participants in the Plan may: Automat ...