Core Viewpoint - TOP Ships Inc. plans to spin off its subsidiary Rubico Inc., which will become an independent publicly-traded company listed on the Nasdaq Capital Market, focusing on two Suezmax tanker vessels [1][2][7] Spin-off Details - The spin-off will involve distributing 100% of Rubico's common shares to TOP Ships' securityholders of record as of June 16, 2025, with the distribution expected around June 30, 2025 [3][4] - Each common shareholder of TOP Ships will receive one Rubico common share for every two TOP Ships common shares held, with no fractional shares distributed [5] - Rubico plans to raise $1.5 million through a private placement of its common shares at a price of $20.00 per share, expected to close concurrently with the spin-off distribution [6] Company Overview - TOP Ships Inc. is an international owner and operator of modern, fuel-efficient eco tanker vessels, primarily transporting crude oil, petroleum products, and bulk liquid chemicals [8]

Group 1 - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets [1] - Investment diversification has become a strategy for individuals, moving away from traditional savings in banks and properties [1] - The popularity of insurance companies in the Philippines has influenced investment choices since 2014 [1] Group 2 - The focus on blue-chip companies has evolved into a broader investment strategy across various industries and market capitalizations [1] - The US market has been entered by investors, with a notable increase in awareness and engagement over the past four years [1] - The use of analytical tools and comparisons between different markets, such as the US and PH markets, has become a common practice among investors [1]

Group 1 - ZIM Integrated Shipping Services is experiencing benefits from improving fundamentals in the shipping industry, particularly due to high shipping prices [1] - Despite a negative price trend in freight rates this year, the shipping company remains well-positioned to capitalize on the current market conditions [1]

The shares in Golden Ocean Group Limited will be traded ex dividend USD 0.05 as from today relating to the dividend for the first quarter of 2025. The dividend will be paid on or about June 17, 2025. Due to the implementation of CSDR in Norway, dividends payable on shares registered with Euronext VPS is expected to be distirbuted to Euronext VPS shareholders on or about June 19, 2025. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act   ...

Company Overview - Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of tanker vessels, employing its fleet on spot voyages, pool arrangements, and time charters [3] Bond Issuance - The company plans to arrange a series of fixed income investor calls starting on June 6, 2025, with a potential five-year USD denominated senior unsecured bond issue to follow, subject to market conditions [1] - The net proceeds from the contemplated bond issue will be used for fleet expansion, renewal, and general corporate purposes [1] Regulatory Compliance - The senior unsecured bonds, if issued, will be offered only to qualified institutional buyers in the United States under Rule 144A and to non-U.S. persons outside the United States under Regulation S [2] - The bonds will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold in the United States without registration or an applicable exemption [2]

Core Viewpoint - Euroseas Ltd. has secured a new time charter contract for its intermediate containership, M/V Emmanuel P, at a gross daily rate of $38,000 for a period of 36 to 38 months, reflecting the strength of the containership market and increasing future cash flow visibility [1][2]. Company Summary - Euroseas Ltd. operates in the container shipping market, managing a fleet of 22 vessels, including 15 feeder containerships and 7 intermediate containerships, with a total cargo capacity of 67,494 teu [7]. - The company is expected to generate over $32 million in EBITDA from the new charter contract, increasing charter coverage to approximately 97% for 2025, 67% for 2026, and 40% for 2027 [2]. - The average contracted daily rate for the company will rise to about $28,700 for the remainder of 2025, over $31,000 in 2026, and over $33,000 in 2027 [2]. Fleet Profile - After the new charter of M/V Emmanuel P, the fleet profile includes various intermediate and feeder containerships with different TCE rates, highlighting the company's diverse operational capabilities [3][4]. - The M/V Emmanuel P, built in 2005, will transition from a previous charter rate of $21,000 to the new rate of $38,000 upon completion of scheduled drydock and energy-saving device installations [1][3]. Future Outlook - Euroseas is set to expand its fleet to 23 vessels with a total carrying capacity of 69,744 teu after the delivery of two new intermediate containerships in 2027 [7]. - The company’s operations are managed by Eurobulk Ltd., which is responsible for the day-to-day commercial and technical management of the vessels [6].

Core Viewpoint - EuroDry Ltd. is set to release its financial results for the first quarter ended March 31, 2025, on June 5, 2025, before the market opens in New York [1]. Group 1: Financial Results Announcement - The financial results will be discussed in a conference call and webcast scheduled for June 5, 2025, at 10:00 a.m. Eastern Time [2]. - Participants can join the call by dialing in 10 minutes prior to the scheduled time using specific numbers provided [3]. - An audio webcast of the conference call will be available live and archived on the company's website [5]. Group 2: Company Overview - EuroDry Ltd. was established on January 8, 2018, to consolidate the drybulk fleet of Euroseas Ltd. into a separate public company and trades on NASDAQ under the ticker EDRY [7]. - The company operates in the dry cargo and drybulk shipping market, managing a fleet of 12 vessels with a total cargo capacity of 843,402 dwt [7]. - After the delivery of two Ultramax vessels in 2027, the fleet will expand to 14 vessels with a total carrying capacity of 970,402 dwt [7].

Group 1 - The focus has shifted towards offshore drilling, supply industry, and shipping, including tankers, containers, and dry bulk [1] - The fuel cell industry is being monitored as it is still in its early stages of development [1] Group 2 - The individual has extensive experience in auditing with PricewaterhouseCoopers before transitioning to day trading nearly 20 years ago [2] - Successfully navigated significant market events such as the dotcom bubble, the aftermath of the World Trade Center attacks, and the subprime crisis [2]

Original: Spanish www.cepal.org/transport number 5 / 2024 / ISSN: 1564-4227 Port report 2023–2024: mixed signals in trade and ports and new disruptions to international container shipping logistics Introduction The previous edition of the port report addressed the major impact that the coronavirus disease (COVID-19) pandemic and the conflict between the Russian Federation and Ukraine had on shipping. Both events distorted global supply chains and caused bottlenecks owing to shutdowns, port congestion | Intr ...

Diana Shipping Inc. (NYSE: NYSE: DSX ) is a Greece-based dry bulk carrier that has been primarily engaged in the global transportation of commodities such as coal, grain, and iron ore for over twenty years. After going throughI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets.Analyst’s Disclosure: I ...