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CMB.TECH announces Q1 2025 results
Globenewswire· 2025-05-21 05:09
Financial Highlights - CMB.TECH reported a net gain of USD 40.4 million or USD 0.21 per share for Q1 2025, a significant decrease from USD 495.2 million or USD 2.46 per share in Q1 2024 [3][6] - EBITDA for Q1 2025 was USD 158.4 million, down from USD 550.5 million in Q1 2024 [3][9] - Revenue for Q1 2025 was USD 235.0 million, slightly down from USD 240.4 million in Q1 2024 [5][61] Corporate Highlights - CMB.TECH acquired Hemen's stake in Golden Ocean, representing approximately 40.8% of Golden Ocean's outstanding shares, for USD 14.49 per share [4][11] - A term sheet for a stock-for-stock merger with Golden Ocean has been signed, which, if approved, would create a combined fleet of over 250 vessels [4][15] - The company added nearly USD 1 billion to its contract backlog, bringing the total to USD 2.94 billion [6][4] Fleet Highlights - CMB.TECH sold three older vessels as part of its fleet rejuvenation strategy, generating a total capital gain of approximately USD 96.7 million [6][23] - Five newbuilding vessels were delivered during the quarter, including the Newcastlemax Mineral Portugal and others [6][25] - CMB.TECH signed agreements for nine ammonia-powered vessels with MOL, marking a significant step towards low-carbon shipping [20][21]
Pyxis Tankers Announces Date for the Release of the First Quarter 2025 Results
Globenewswire· 2025-05-20 20:05
Maroussi, Greece, May 20, 2025 – Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an international shipping company with a focus on the seaborne transportation of refined petroleum products and dry bulk commodities, today announced the following: We will issue our unaudited results for the first quarter ending March 31, 2025, before the market opens in New York on Wednesday, May 21, 2025. A presentation of the first quarter 2025 financial results will be available on the Pyxis Tanker’s website, under the Present ...
渤海租赁: Global Sea Containers Limited 2024年度已审计财务报告
Zheng Quan Zhi Xing· 2025-05-20 15:10
Core Viewpoint - Global Sea Containers Limited is experiencing significant financial fluctuations, with notable changes in revenue and expenses, indicating potential challenges in maintaining profitability and operational efficiency [1][2][3]. Financial Performance - The company reported a revenue of approximately 5.56 billion, with a decrease of 1.39 billion compared to the previous period [2]. - Total expenses reached around 4.25 billion, reflecting a significant increase from prior figures [3]. - The net loss for the period was reported at 1.39 billion, highlighting a substantial decline in financial health [2][3]. Operational Insights - The company has a diverse portfolio, including various subsidiaries and partnerships, which may impact its overall performance [4][5]. - Global Sea Containers Limited's operational strategy appears to be under review, as indicated by the financial results and market conditions [1][2]. Market Position - The company operates in a competitive environment, facing challenges from market fluctuations and operational costs [1][3]. - The financial data suggests that the company may need to reassess its market strategies to improve profitability and reduce losses [2][4].
Safe Bulkers(SB) - 2025 Q1 - Earnings Call Transcript
2025-05-20 15:02
Safe Bulkers (SB) Q1 2025 Earnings Call May 20, 2025 10:00 AM ET Company Participants Dr. Loukas Barmparis - President, Secretary & DirectorKonstantinos Adamopoulos - CFOOmar Nokta - Managing DirectorPolys Hajioannou - Chairman & CEOCliment Molins - Head of Shipping Research Operator Thank you for standing by, ladies and gentlemen, and welcome to the Safe Bulkers Conference Call on the First Quarter twenty twenty five Financial Results. We have with us Mr. Paulis Hagianu, Chairman and Chief Executive Office ...
Safe Bulkers(SB) - 2025 Q1 - Earnings Call Transcript
2025-05-20 15:02
Safe Bulkers (SB) Q1 2025 Earnings Call May 20, 2025 10:00 AM ET Company Participants Dr. Loukas Barmparis - President, Secretary & DirectorKonstantinos Adamopoulos - CFOOmar Nokta - Managing DirectorPolys Hajioannou - Chairman & CEOCliment Molins - Head of Shipping Research Operator Thank you for standing by, ladies and gentlemen, and welcome to the Safe Bulkers Conference Call on the First Quarter twenty twenty five Financial Results. We have with us Mr. Paulis Hagianu, Chairman and Chief Executive Office ...
Hyliion: Production Challenges Could Impact KARNO Commercialization Efforts - Hold
Seeking Alpha· 2025-05-20 14:50
I am mostly a trader engaging in both long and short bets intraday and occasionally over the short- to medium term. My historical focus has been mostly on tech stocks but over the past couple of years I have also started broad coverage of the offshore drilling and supply industry as well as the shipping industry in general (tankers, containers, drybulk). In addition, I am having a close eye on the still nascent fuel cell industry.I am located in Germany and have worked quite some time as an auditor for Pric ...
Home Depot Won't Raise Prices Amid Tariffs—As These Companies Warn Of Tariff Impacts
Forbes· 2025-05-20 13:25
Home Depot on Tuesday held its forecast for sales in 2025, while one executive reportedly said the retailer won't raise prices because of tariffs, as other companies flag concerns and cut projections, citing uncertainty over U.S. tariffs. Rivian lowered its targets for vehicle deliveries and capital spending for 2025, noting the "current global economic landscape presents significant uncertainty," including "evolving trade regulation, policies" and tariffs. AMD said the company expects to lose $1.5 billion ...
Imperial Petroleum Inc. Announces the Date for the Release of First Quarter 2025 Financial and Operating Results, Conference Call and Webcast
Globenewswire· 2025-05-20 13:20
Company Overview - Imperial Petroleum Inc. is a ship-owning company that provides petroleum products, crude oil, and drybulk seaborne transportation services [4] - The company owns a total of thirteen vessels, including seven M.R. product tankers, two suezmax tankers, three handysize drybulk carriers, and one panamax drybulk carrier, with a total capacity of 807,000 deadweight tons (dwt) [4] - Imperial Petroleum has contracted to acquire an additional six drybulk carriers with an aggregate capacity of 387,000 dwt, which will increase the fleet to a total of 19 vessels [4] - The company's shares are listed on the Nasdaq Capital Market under the symbols "IMPP" for common stock and "IMPPP" for 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock [4] Upcoming Financial Results - The company will release its first quarter financial results for the period ended March 31, 2025, before the market opens in New York on May 23, 2025 [1] - A conference call will be hosted by the company's management on May 23, 2025, at 10:00 am ET to discuss the results and the company's operations and outlook [1]
Safe Bulkers(SB) - 2025 Q1 - Earnings Call Presentation
2025-05-20 12:38
Q1 2025 EARNINGS PRESENTATION Management Team Polys Hajioannou Chairman and CEO Dr. Loukas Barmparis President Konstantinos Adamopoulos Chief Financial Officer MV EFROSSINI EEDI-PHASE 3 – IMO NOx TIER III KAMSARMAX DELIVERED APRIL 2025 1 Forward Looking Statements This presentation contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, the Company's growth strat ...
ZIM Integrated's Q1 Triumph Vs. Scary Shipping Outlook
Seeking Alpha· 2025-05-20 12:00
With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.I've been covering ZIM Integrated Shipping Services Ltd. (NYSE: ZIM ) stock since July 2021 here on Seeking Alpha, initially rating the stock as a "Strong Buy", but then shifting to "Buy" and eventually "Hold" as the economic situation changed. You'r ...