In my previous article I outlined a bullish thesis for ZIM, attempting to assess macro risks and their potential impact on the business. In this article I intend to follow-up on theseI am an Engineer with experience in multiple industries. I am a retail trader with over 10 years of experience managing my own personal investments including ETFs, Options, REITs, Stocks, Cryptocurrency, Commodities, Bonds, CDs, and Futures. I am interested in moderate to high risk investment growth via a mix of traditional and ...

A股三大指数早盘集体下跌，截至午盘，沪指跌0.42%，深成指跌1.12%，创业板指跌1.35%，北证50指 数涨0.55%。全市场半日成交额7656亿元，较上日放量300亿元。全市场超3600只个股下跌。板块题材 上，美容护理、宠物经济、港口航运、化学纤维板块领涨；华为昇腾、云计算、跨境支付板块跌幅居 前。盘面上，港口航运板块早盘再度上涨，南京港（002040）、连云港、宁波海运（600798）、宁波远 洋（601022）3连板。美容护理板块盘中走高，洁雅股份（301108）20cm涨停。华为昇腾、云计算概念 股早盘震荡走低，宏景科技（301396）跌近10%。 ...

Company Performance - Star Bulk Carriers reported a quarterly loss of $0.07 per share, significantly better than the Zacks Consensus Estimate of a loss of $0.23, and down from earnings of $0.87 per share a year ago, indicating an earnings surprise of 69.57% [1] - The company posted revenues of $230.65 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 9.56%, but down from $259.39 million in the same quarter last year [2] - Over the last four quarters, Star Bulk Carriers has surpassed consensus revenue estimates four times, but has only exceeded consensus EPS estimates once [2] Stock Performance - Star Bulk Carriers shares have increased approximately 9.9% since the beginning of the year, outperforming the S&P 500, which gained only 0.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.32 on revenues of $276.4 million, and for the current fiscal year, it is $1.31 on revenues of $1.05 billion [7] Industry Outlook - The Transportation - Shipping industry, to which Star Bulk Carriers belongs, is currently ranked in the bottom 19% of over 250 Zacks industries, indicating potential challenges ahead [8] - The outlook for the industry can significantly impact the stock's performance, as historical data shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]

FINANCIAL RESULTS Q1 2025 May 2025 Forward-Looking Statements This presentation contains certain forward-looking statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may include statements concerning the Company's plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts, identified by words such as "be ...

ATHENS, Greece, May 14, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE: ECO / OSE: OET), announced today that the Company's board of directors (the “Board”) has declared a dividend on its common shares (the “Dividend”). Due to implementation of the Central Securities Depository Regulation (“CSDR”) in Norway, shareholders who hold shares registered in Euronext Securities Oslo, the central securities depository in Norway (“VPS”) should please note the information on the paym ...

Financial Performance - Revenues for Q1 2025 were $80.1 million, a decrease from $111.1 million in Q1 2024 [6] - Profit for Q1 2025 was $12.6 million, down from $41.6 million in Q1 2024 [6] - Earnings per share for Q1 2025 were $0.39, compared to $1.29 in Q1 2024 [6] - Cash (including restricted cash) as of March 31, 2025, was $43.0 million, down from $54.3 million as of December 31, 2024 [6] Operational Metrics - Time charter equivalent (TCE) revenue for Q1 2025 was $48.6 million [6] - EBITDA and Adjusted EBITDA for Q1 2025 were $33.8 million and $32.5 million, respectively [6] - Fleetwide daily TCE rate was $38,500 per operating day in Q1 2025, with VLCC and Suezmax TCE rates at $38,000 and $39,200 per operating day, respectively [6] - Daily vessel operating expenses were $9,233 per calendar day in Q1 2025 [6] Dividend Declaration - The board of directors declared a dividend of $0.32 per common share, payable on June 12, 2025, to shareholders of record as of June 3, 2025 [4] - Common shares will be traded ex-dividend on the NYSE from June 3, 2025, and on the Oslo Stock Exchange from June 2, 2025 [4] Market Development - As of Q2 2025 to date, 72% of available VLCC spot days have been booked at an average TCE rate of $46,700 per day, and 64% of available Suezmax spot days have been booked at an average TCE rate of $50,600 per day [6]

Financial Performance - The company declared a cash dividend of $0.05 per share for the quarter ended March 31, 2025, totaling $3.5 million, and plans to repurchase approximately $3.3 million of its common stock [1] - Total operating revenues for the three months ended March 31, 2025, were $151.4 million, a 12.9% increase from $134.2 million for the same period in 2024 [1] - Net income attributable to stockholders was $27.0 million for the three months ended March 31, 2025, compared to $22.6 million for the same period in 2024, reflecting a 19.8% increase [1][30] - EBITDA for the quarter was $74.3 million, up from $72.8 million in the prior year [1][30] - Basic earnings per share increased to $0.39 for the three months ended March 31, 2025, compared to $0.31 for the same period in 2024 [1][30] Operational Highlights - The average daily time charter equivalent (TCE) rate across the fleet was $30,476 for the three months ended March 31, 2025, compared to $28,339 for the same period in 2024 [3][36] - Fleet utilization remained strong at 92.4% for the three months ended March 31, 2025, compared to 89.3% for the same period in 2024 [4][36] - The company had an average of 30 vessels engaged under time charters and 20 vessels on spot voyage charters during the quarter [6] Debt and Liquidity - The company increased its debt by $48.6 million to $902.1 million during the three months ended March 31, 2025 [1] - As of March 31, 2025, the company had cash, cash equivalents, and restricted cash totaling $139.0 million [1][53] - The company entered into a Senior Secured Term Loan and Revolving Credit Facility for up to $300 million on May 2, 2025, to refinance existing loans and for general corporate purposes [14][55] Market Conditions - U.S. domestic ethylene prices were elevated at the beginning of the first quarter, reaching a high of $700 per metric ton in January, but fell to $450 per metric ton by the end of March 2025 [5] - The company’s share of results from the Ethylene Export Terminal showed a loss of $0.9 million for the three months ended March 31, 2025, compared to a gain of $4.4 million for the same period in 2024, primarily due to lower export volumes [10][48] Shareholder Returns - The company’s Return of Capital policy includes quarterly cash dividends and share repurchases, targeting a total return of at least 25% of net income for the applicable quarter [23][24] - A new share repurchase plan was authorized on May 13, 2025, allowing for the repurchase of up to $50 million of common stock [22]

Core Viewpoint - Castor Maritime Inc. has filed its annual report for the fiscal year ended December 31, 2024, with the SEC, which includes audited consolidated financial statements [1] Company Overview - Castor Maritime Inc. is a diversified global shipping and energy company involved in asset management, vessel ownership, technical and commercial ship management, and energy infrastructure projects [2] - The company owns a fleet of 9 vessels with an aggregate capacity of 0.6 million deadweight tons (dwt) [3] - Castor is the majority shareholder of the Frankfurt-listed asset manager MPC Münchmeyer Petersen Capital AG [3] Accessibility of Annual Report - The Annual Report is available on the SEC website and the company's website under the "Investors" section [2] - Shareholders can request a hard copy of the Annual Report free of charge [2]

Core Insights - Castor Maritime Inc. reported a significant decrease in total vessel revenues and net income for the year ended December 31, 2024, compared to 2023, primarily due to reduced operational capacity and lower charter rates [6][7][44] - The company completed the acquisition of MPC Capital, marking a strategic move into the asset management sector, which is expected to diversify income streams and support future growth [3][29] - The company has modernized its fleet and simplified its capital structure while maintaining a strong liquidity position [4][5] Financial Performance - Total vessel revenues for the year ended December 31, 2024, were $65.1 million, a decrease of 33.2% from $97.5 million in 2023 [6] - Net income from continuing operations was $15.3 million for 2024, down 28.2% from $21.3 million in 2023, and total net income decreased by 60.4% from $38.6 million in 2023 [6] - Earnings per share from continuing operations increased to $3.50 in 2024 from $2.05 in 2023, reflecting a change in share structure [6] Operational Highlights - The company operated an average of 12.9 vessels in Q4 2024, down from 18.9 vessels in Q4 2023, with a daily TCE rate of $11,648 compared to $14,530 in the same period of 2023 [33][44] - Ownership Days decreased to 1,186 in Q4 2024 from 1,740 in Q4 2023, impacting overall operational capacity [47] - The company completed three acquisitions and seven disposals in 2024, contrasting with no acquisitions or disposals in 2023 [6] Recent Developments - The acquisition of MPC Capital was finalized on December 16, 2024, for approximately $192.0 million, enhancing the company's asset management capabilities [29] - A $100 million senior term loan facility was secured from Toro Corp. to finance the acquisition of MPC Capital [23][27] - The company reported a consolidated cash position of $87.9 million as of December 31, 2024, down from $120.9 million in 2023, primarily due to operational cash flows and acquisition costs [20][21]

Core Viewpoint - Star Bulk Carriers Corp. reported a significant decline in financial performance for Q1 2025 compared to Q1 2024, with a net income of $0.5 million and a decrease in voyage revenues, while announcing a new minimum quarterly dividend policy of $0.05 per share [1][4][8]. Financial Performance - Voyage revenues decreased to $230.7 million in Q1 2025 from $259.4 million in Q1 2024 [20]. - Net income fell sharply to $0.5 million in Q1 2025 from $74.9 million in Q1 2024 [18]. - Adjusted net loss for Q1 2025 was $7.7 million, compared to an adjusted net income of $73.2 million in Q1 2024 [18][46]. - EBITDA decreased to $58.0 million in Q1 2025 from $126.3 million in Q1 2024 [19][42]. - Adjusted EBITDA was $49.0 million in Q1 2025, down from $123.0 million in Q1 2024 [19][42]. Operational Metrics - The average number of vessels increased to 150.7 in Q1 2025 from 113.3 in Q1 2024 [34]. - Daily Time Charter Equivalent (TCE) rate dropped to $12,439 per day in Q1 2025 from $19,627 per day in Q1 2024, reflecting weaker market conditions [20][35]. - Daily operating expenses per vessel (as adjusted) were $4,898 in Q1 2025, slightly down from $4,962 in Q1 2024 [22][35]. Dividend and Share Repurchase - The Board declared a quarterly cash dividend of $0.05 per share, marking the 17th consecutive quarter of capital returns [5][8]. - Approximately 1.3 million shares were repurchased at an average price of $15.24 per share during Q1 2025, totaling $19.6 million [9]. Fleet and Asset Management - The company agreed to sell five Supramax vessels as part of its strategy to dispose of older and smaller tonnage [6]. - Following recent vessel sales, the company will have 13 unencumbered vessels and expects to collect total net proceeds of approximately $44.4 million in Q2 2025 [14]. Financial Position - The company reported over $500 million in liquidity and net debt below scrap value [7]. - As of March 31, 2025, total assets were $4.02 billion, with total liabilities of $1.56 billion [32].