Core Insights - YY Group Holding Limited has acquired a 53% stake in Transocean Oil Pte. Ltd.'s property investment division, marking its entry into the property investment sector and expanding its portfolio in Singapore's real estate market [1][2][3] Strategic Significance - The acquisition aligns with YY Group's growth strategy, capitalizing on Singapore's real estate market, which is projected to grow at an annual rate of 6.5% from 2025 to 2030 [3] - CEO Mike Fu emphasized that adding premium properties enhances investor confidence and strengthens the company's business [3] Market Impact - Transocean's properties provide flexibility for internal use or rental income, supporting YY Group's focus on sustainable growth [4] - The property investment arm will generate rental income and benefit from rising property values [4] Operational Plans - Transocean's operations will integrate into YY Group's framework, with a dedicated team ensuring high-quality service delivery [5] - The 24iFM app will be leveraged to enhance client experiences, and the Group is open to exploring further opportunities in Singapore's property market [5] Revenue and Growth Potential - In 2024, Transocean's properties generated S$223,000 from three commercial units, and YY Group's controlling interest positions it for long-term gains and strategic growth [6] Enhancing Stakeholder Value - The acquisition demonstrates YY Group's commitment to diversifying its portfolio and strengthening its position in the property investment and integrated facility management industries [7] - This move aims to improve services and advance the 24iFM application, addressing clients' needs more effectively [7]

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 company specializes in deep-dive equity research focused on the global shipping industry, providing actionable insights and real-time market analysis [1] - The research covers various segments of the shipping industry, including tankers, containerships, dry bulk, and LNG, aiming to uncover value that may be overlooked by others [1] - The company is trusted by top hedge funds, asset managers, and serious individual investors, offering tools for smarter investment in maritime equities [1] Group 2 - The analyst has a beneficial long position in the shares of GLNG, indicating a personal investment interest in the company [3] - The analyst's contributions are aimed at enhancing expertise in the shipping sector, reflecting a commitment to providing informed analysis [2]

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]

May 2025 Investor Presentation tdw.com Forward-looking Statements This presentation contains "forward-looking statements" within the meaning of the U.S. federal securities laws – that is, any statements that are not historical facts. Such statements often contain words such as "expect," "believe," "think," "anticipate," "predict," "plan," "assume," "estimate," "forecast," "target," "projections," "intend," "should," "will," "shall" and other similar words. Forward-looking statements address matters that are ...

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]