Core Insights - Incat Crowther has been commissioned by Catalina Express to design a new low-emission renewable diesel-powered passenger ferry as part of a $31 million (approximately 215 million RMB) vessel emission reduction project at the Port of Los Angeles [2] - The project aims to test and evaluate various emission reduction technologies to help achieve the long-term goal of a "zero-emission port" [2] - Catalina Express has secured $15 million in government funding and will raise an additional $15 million, totaling $30 million for the construction of the 48-meter ferry [2] Project Details - The new ferry will operate on a route between Los Angeles, Long Beach, and Santa Catalina Island, replacing three smaller Tier 2 and Tier 3 ferries [2] - Construction is set to begin in July 2025, with sea trials expected to commence in 2027 [2] - The ferry will feature three decks, accommodating up to 516 passengers, and will have a speed of up to 37 knots [2] Environmental and Operational Features - The ferry will be powered by renewable diesel fuel (R-99) made from plant materials and equipped with four MTU 4000 series engines that meet EPA Tier 4 standards, including diesel particulate filters [2] - The design aims to enhance passenger experience with spacious and comfortable areas, and a flexible upper structure to reduce vibration and noise [3] - Catalina Express's CEO expressed excitement about the funding and the opportunity to provide valuable and affordable ferry services while achieving environmental goals [3]

AS Tallink Grupp and the Algerian state-owned enterprise Madar Maritime Company EPE / SPA have signed an agreement for the chartering of the cruise ferry Romantika. The cruise ferry Romantika will be chartered out with a technical crew for 9 months starting from 31 May 2025, with an option to extend the agreement by 6+6 months upon its expiration. The transaction will have a positive impact on the financial results of AS Tallink Grupp. Anneli SimmInvestor Relations Manager AS Tallink GruppSadama 510111 Tall ...

Core Insights - SEA-LNG's preliminary analysis indicates that LNG dual-fuel vessels provide the best return on investment for shipowners compared to other alternative fuels under the IMO's net-zero emissions framework [1] - The analysis shows that LNG vessels benefit from fuel optionality and a mature global infrastructure, creating a competitive advantage for shipowners [1] - The IMO's net-zero emissions framework requires further data analysis, industry consultation, and coordination with existing EU reduction policies before formal approval later this year [1] Investment Analysis - The investment payback period for LNG dual-fuel vessels is significantly shorter than that for methanol, ammonia, or very low sulfur fuel oil (VLSFO), estimated at 4.5 to 5 years compared to longer periods for other fuels [2] - A case study of a 14,000 TEU container ship operating on the Rotterdam-Singapore route shows that LNG vessels can achieve a payback period of approximately 3.5 years due to early policy effects from FuelEU Maritime [2] Regulatory Framework - The IMO's net-zero framework aims to ensure a fair competitive environment for all fuel technology routes, including LNG, methanol, and ammonia, emphasizing the need for a fuel-neutral and technology-neutral policy framework [3] - SEA-LNG's leadership highlights ongoing significant investments in LNG pathways, which can utilize liquefied natural gas, biomethane, and electro-methane to reduce greenhouse gas emissions and local pollution [3]

Core Insights - SFL Corporation Ltd. reported preliminary financial results for Q1 2025, including a net loss of $31.9 million or $0.24 per share, primarily due to impairments on older dry-bulk vessels and the idleness of the drilling rig Hercules [1][6] - The company declared a quarterly cash dividend of $0.27 per share, marking the 85th consecutive quarterly dividend [5][6] - Charter hire revenue for the quarter was $193.5 million, which included $1.5 million from profit share, while adjusted EBITDA was $108.0 million from consolidated subsidiaries and $7.7 million from associated companies [6] Financial Performance - The net loss of $31.9 million was attributed to one-off items, including impairments on older vessels [3][6] - Charter hire revenue was reported at $193.5 million, with an adjusted EBITDA of $115.7 million when including associated companies [6] - The company has been actively repurchasing shares, with a $10 million buyback at an average price of $7.98 per share [6] Fleet Management - SFL continues to renew its fleet by divesting older bulkers and containerships, focusing on assets with a charter backlog to support long-term dividend distribution [4][6] - The company upgraded several vessels during the quarter, enhancing cargo intake and fuel efficiency [3][4] Dividend Information - The declared quarterly cash dividend of $0.27 per share will be paid on or around June 27, 2025, with the record date set for June 12, 2025 [5][6] - This dividend reflects the company's commitment to maintaining a consistent distribution to shareholders [8]

Group 1 - The 2025 Annual General Meeting of SFL Corporation Ltd. was held on May 8, 2025, where the audited consolidated financial statements for the year ended December 31, 2024, were presented [1] - The Company has maintained a consistent dividend payment record every quarter since its initial listing on the New York Stock Exchange in 2004 [2] - SFL's fleet includes various types of vessels such as tankers, bulkers, container vessels, car carriers, and offshore drilling rigs, supported by long-term charters and a growing asset base [2] Group 2 - Resolutions passed at the meeting included setting the maximum number of Directors to eight and designating vacancies as casual, allowing the Board to fill them as deemed fit [4] - The re-election of several Directors was approved, including Kathrine Fredriksen, Gary Vogel, Keesjan Cordia, James O'Shaughnessy, Ole Hjertaker, and Will Homan-Russell [4] - Ernst & Young AS was re-appointed as auditors, with the Directors authorized to determine their remuneration, and the total remuneration for the Board of Directors was approved not to exceed US$800,000 for the year ended December 31, 2025 [4]

Company Overview - SFL Corporation Ltd. has a unique track record in the maritime industry, having paid dividends every quarter since its initial listing on the New York Stock Exchange in 2004 [3] - The company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs, supported by a portfolio of long-term charters and significant growth in the asset base over time [3] Financial Results Announcement - SFL plans to release its preliminary financial results for the first quarter of 2025 on May 14, 2025 [1] - A conference call and webcast for stakeholders will be held on the same day at 10:00 AM (EST) / 4:00 PM (CET) [1] Investor Relations - Relevant materials for the financial results will be available on the Investor Relations section of the company's website on the same day as the announcement [1] - Investors can join the conference call in listen-only mode via the company's website or participate in a live Q&A through Zoom [2]

Core Points - CMB.TECH NV is holding its Annual General Meeting, Special General Meeting, and Extraordinary General Meeting on May 22, 2025, in Antwerp, Belgium [1] - Shareholders are advised of a "Freeze Period" from May 7, 2025, to May 9, 2025, during which they cannot reposition shares between the Belgian and U.S. Registers [2] - The agenda for the meetings includes the approval of the financial year 2024 annual accounts, remuneration reports, and various board appointments and discharges [3] Company Overview - CMB.TECH is a diversified maritime group operating over 160 vessels, including crude oil tankers, dry bulk vessels, and offshore wind vessels, and is involved in hydrogen and ammonia fuel production [4] - The company is listed on Euronext Brussels and the NYSE under the ticker symbol CMBT [5]

Company Information - SFL Corporation Ltd. has a strong track record in the maritime industry, having paid dividends every quarter since its initial listing on the New York Stock Exchange in 2004 [2] - The company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs, supported by long-term charters and significant asset growth over time [2] Upcoming Events - The 2025 Annual General Meeting of SFL Corporation Ltd. is scheduled for May 8, 2025, with a record date for voting set on April 4, 2025 [1]

Market Overview - U.S. stocks traded lower, with the Dow Jones index falling approximately 200 points, down 0.56% to 41,608.14, NASDAQ down 1.49% to 17,542.81, and S&P 500 down 0.92% to 5,622.68 [1] - Energy shares increased by 0.5%, while consumer discretionary shares fell by 2% [1] Economic Indicators - U.S. industrial production rose by 0.7% in February, exceeding market expectations of 0.2% [2][10] - U.S. housing starts surged 11.2% month-over-month to an annualized rate of 1.501 million in February, following a revised 1.35 million in January [10] - Building permits decreased by 1.2% to an annualized rate of 1.456 million in February [10] - U.S. import prices increased by 0.4% in February, against market estimates of a 0.1% decline [10] - U.S. export prices rose by 0.1% month-over-month in February [10] Commodity Market - Oil prices increased by 0.5% to $67.94, gold rose by 1.2% to $3,041.60, silver increased by 1.6% to $34.840, and copper rose by 0.7% to $4.9920 [4] International Markets - European shares were higher, with the eurozone's STOXX 600 gaining 0.46%, Germany's DAX 40 up 0.63%, and France's CAC 40 up 0.43% [5] - Asian markets closed higher, with Japan's Nikkei gaining 1.20%, China's Shanghai Composite Index up 0.11%, Hong Kong's Hang Seng Index surging 2.46%, and India's BSE Sensex gaining 1.53% [6] Company News - Aditxt, Inc. shares surged 57% to $6.88 after announcing an application for four new federal funding opportunities [9] - Syros Pharmaceuticals, Inc. shares increased by 57% to $0.1351 following a voluntary delisting from Nasdaq and SEC deregistration [9] - Heidmar Maritime Holdings Corp. shares rose by 38% to $3.75 [9] - Avenue Therapeutics, Inc. shares dropped 46% to $0.4785 [9] - AirNet Technology Inc. shares fell 44% to $0.9017 after announcing a non-binding investment LOI with LLP STH Corp [9] - AGM Group Holdings Inc. shares decreased by 37% to $0.0669 [9]