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 ...

Core Insights - Star Bulk Carriers Corp. discussed its Q1 2025 earnings, market positioning, and future strategy, focusing on capital allocation and the impact of geopolitical tensions and carbon emission regulations on the dry bulk shipping market [1] Capital Allocation Strategy - The company addresses the persistent discount between its stock price and Net Asset Value (NAV), emphasizing that NAV reflects actual vessel values based on recent sales [3] - Star Bulk employs a disciplined arbitrage strategy by selling older vessels at or near NAV and using the proceeds for share repurchases, enhancing shareholder value [4] - The capital allocation framework prioritizes reducing debt, returning capital to shareholders, and reinvesting in the business, with a revised dividend policy guaranteeing a minimum quarterly dividend of $0.05 per share [5] Market Outlook - Star Bulk expects approximately $38.6 million in vessel sale proceeds during Q2–Q3 2025, which will be used for share buybacks to enhance shareholder returns [6] - The dry bulk market remains relatively insulated from geopolitical tensions, although factors like the Suez Canal reopening or the resolution of the Ukraine conflict could shift trade flows [7] - Dry bulk fundamentals are sound, with total dry bulk trade projected to contract slightly in 2025 by 1.2% in tons and 0.4% in ton-miles, but minor bulk demand continues to grow [8] Supply and Demand Dynamics - The orderbook for dry bulk vessels is at a multi-year low, with only 10.3% of the fleet on order, and newbuild orders at their lowest levels in eight years due to high construction costs and tight shipyard slots [11] - The global fleet is aging, with nearly half of all dry bulk vessels expected to be over 15 years old by 2027, which, combined with tightening decarbonization rules, is expected to contract effective supply [12] Regulatory Environment - New IMO and EU emissions regulations are discouraging faster vessel speeds, tightening supply despite lower fuel costs [13] - Star Bulk is renewing its fleet by selling older vessels and has five new Kamsarmax vessels scheduled for delivery in 2026, positioning itself to thrive under upcoming regulations [14] - The company is frontloading drydock activity in the first half of the year to prepare for a stronger second half, expecting effective fleet capacity to tighten further [15]

Core Viewpoint - OceanPal Inc. has signed a Memorandum of Agreement to sell the dry bulk vessel "Protefs" for a price of US$7 million, with delivery scheduled by June 17, 2025 [1] Company Overview - OceanPal Inc. is a global provider of shipping transportation services, focusing on the ownership and operation of dry bulk vessels and product tankers [3] - The company engages in the seaborne transportation of bulk commodities such as iron ore, coal, and grain, as well as refined petroleum products [3] - OceanPal's fleet primarily operates on time charter trips with short to medium duration and spot charters, aiming to maximize long-term shareholder value [3] Fleet Composition - Following the sale of "Protefs," OceanPal's fleet will consist of 2 Panamax dry bulk vessels and 1 MR2 tanker vessel [2]

Core Viewpoint - Diana Shipping Inc. has entered into a time charter contract for its Newcastlemax dry bulk vessel, the m/v Newport News, with Bohai Ocean Shipping, which is expected to enhance the company's revenue stream through a higher charter rate compared to its previous contract [1][2]. Group 1: Charter Contract Details - The gross charter rate for the m/v Newport News is set at US$25,000 per day, with a 5.00% commission deducted for third parties, for a period extending from June 14, 2025, until a minimum of September 1, 2026, and a maximum of October 31, 2026 [1]. - The anticipated gross revenue from this charter for the minimum scheduled period is approximately US$10.95 million [2]. Group 2: Fleet Composition and Future Plans - Diana Shipping Inc. currently operates a fleet of 37 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 6 Panamax, and 9 Ultramax vessels [3]. - The company is set to take delivery of two new methanol dual fuel Kamsarmax vessels by the second half of 2027 and the first half of 2028, which will further enhance its fleet capacity [3]. - The current combined carrying capacity of the fleet, excluding the two vessels not yet delivered, is approximately 4.1 million dwt, with a weighted average age of 11.59 years [3]. Group 3: Company Overview - Diana Shipping Inc. specializes in shipping transportation services through the ownership and bareboat charter-in of dry bulk vessels, primarily engaging in short to medium-term time charters [4]. - The company's vessels transport a variety of dry bulk cargoes, including iron ore, coal, and grain, along global shipping routes [4].

Core Viewpoint - Flex LNG Ltd. has successfully completed a $175 million JOLCO lease financing for the vessel Flex Courageous, which will enhance its financial position by generating net proceeds of approximately $42 million and reducing the cost of debt by about 1.5% per annum [1][2]. Group 1: Financing Details - The refinancing of Flex Courageous is part of a broader Balance Sheet Optimization Program 3.0, which aims to refinance three vessels and has secured up to 37 years of combined contract backlog [2]. - The company plans to complete the refinancing of Flex Resolute and Flex Constellation in the second half of 2025, expecting to release an additional $120 million in net proceeds [3]. Group 2: Financial Position - As of the end of Q1-2025, Flex LNG reported a cash balance of $410 million, indicating a strong liquidity position supported by substantial charter backlog [4]. - The successful refinancing at attractive terms reflects the company's financial flexibility and the trust from banking partners and lease providers [4].

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 navigating significant market events such as the dotcom bubble, the aftermath of the World Trade Center attacks, and the subprime crisis [2] - The individual has a background in auditing with PricewaterhouseCoopers before transitioning to day trading [2]

Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Flex LNG (FLNG) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.Flex LNG is one of 123 companies in the Transportation group. The Transportation group current ...