International Seaways, Inc. (NYSE:INSW) is a prominent player in the shipping industry, primarily engaged in the transportation of crude oil and petroleum products. The company operates a diverse fleet of vessels, providing essential services in the global energy supply chain. In a competitive landscape, INSW's performance is often compared with peers like Scorpio Tankers Inc., Euronav N.V., Ardmore Shipping Corporation, Teekay Tankers Ltd., and Dorian LPG Ltd.INSW's Return on Invested Capital (ROIC) is 8.8 ...

Thoma Bravo is in talks to merge its shipping software firm Auctane, formerly known as https://t.co/Of8Wu4ZdQJ, with third-party logistics provider WWEX to form a business that could be worth as much as $12 billion, according to sources https://t.co/S9HWI9uKtA ...

Group 1: Economic Data and Market Trends - The Labor Department's nonfarm payroll report is expected on Tuesday, with a strong jobs report potentially questioning the need for more rate cuts from the Federal Reserve, while weaker figures could support continued easing [3] - Wall Street has been largely unaware of macroeconomic data due to a lengthy government shutdown, making upcoming reports critical for market direction [3][2] Group 2: Company Earnings Reports - Jabil, a major manufacturer for data centers, is set to report earnings on Wednesday, which could influence the performance of AI stocks [4] - General Mills will also report on Wednesday, with recent struggles in food stocks attributed to the popularity of GLP-1 weight loss drugs and a shift towards healthier eating [4] - On Thursday, Darden, Cintas, Nike, and FedEx will report earnings, with Darden's Olive Garden chain being less affected by rising beef prices, and FedEx expected to perform well due to ongoing e-commerce growth [5] - Friday will see earnings from Carnival, Conagra, and Paychex, providing insights into discretionary spending, home cooking trends, and the health of small and medium-sized businesses [6]

Reference is made to the stock exchange announcement dated 21 January 2025. As described in the stock exchange announcement, DNB Bank ASA, Swedbank AB (publ) and Danske Bank A/S NUF claim that the Company has breached the restructuring agreement for the group entered into on 19 June 2020. The three banks finance the vessels Havila Foresight and Havila Harmony. The Company disputes that there is any breach of the restructuring agreement. It is the Company' postion that the three banks are obliged to convert ...

PIRAEUS, Greece, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo and tanker vessels, today announced senior leadership changes. Angeliki Frangou, Chairwoman and Chief Executive Officer stated “Today marks the beginning of an exciting new chapter as we strengthen the executive management team and continue our mission of being a leading player in the maritime industry through rigorous risk management, prudent cap ...

Maersk today announced a raft of changes across senior leadership as rival carriers challenge its dominance in global logistics. Maersk parent A.P. Moller-Maersk said that former Kuehne & Nagel executive Robert Erni has joined the company as chief financial officer and member of the executive board. The company said Erni has worked for more than 30 years in global logistics finance, including two decades at Zurich-based Kuehne & Nagel (KNIN.SW). He held several financial positions there including group ...

The ongoing supply and demand imbalance is driving down container prices on U.S. trade routes, as ocean carriers deploy more ships in a soft market. Spot rates as of Dec. 11 from Asia to the U.S. West Coast fell 2%, or $33 per forty foot equivalent unit (FEU) in the latest week, to $1,861 per FEU, analyst Xeneta said in an update. Short-term pricing looks softer after a previous rebound. Rates are down month-on-month by approximately 22%, or $511 per FEU, from Nov. 11, “underlining how much pricing powe ...

Core Viewpoint - C3is Inc. has successfully closed a public offering, raising approximately $9 million to support its capital expenditures and general corporate purposes [1][3]. Offering Details - The offering consisted of 7,500,000 units, each including either one Common Share or one Pre-Funded Warrant, along with Class D and Class E Warrants [2]. - The public offering price was set at $1.20 per unit for Common Shares and $1.19999 per unit for Pre-Funded Warrants, with the Pre-Funded Warrants being immediately exercisable [2]. - Class D Warrants have an initial exercise price of $1.20 and are exercisable immediately, expiring 60 months after issuance [2]. - Class E Warrants have an exercise price of $0.00001 and are also immediately exercisable [2]. Use of Proceeds - The net proceeds from the offering will be utilized for capital expenditures, including the acquisition of additional vessels, working capital, and other general corporate purposes [3]. Company Overview - C3is Inc. is a ship-owning company that provides dry bulk and crude oil seaborne transportation services, owning four vessels with a total fleet capacity of 213,464 deadweight tons [6].

Market Overview - The market for suezmax vessels is currently strong due to a scarcity of vessels, leading to high charter rates [1] - Recent fixtures include a 40-day charter at approximately $52,000 per day, a 33-day charter at about $78,000 per day, and a 50-day voyage at around $95,000 per day [1] Operating Costs and Focus Areas - The operating costs for the company's ships are approximately $9,000 per day [2] - Venezuela is highlighted as a key area of interest due to its significant oil reserves, estimated to be about 17% of the world's total [2]

Core Insights - A joint study has been initiated by American Bureau of Shipping (ABS), ENEOS Corporation, Nippon Yusen Kabushiki Kaisha (NYK Line), and SEACOR Holdings Inc. to develop a methanol bunkering and supply chain network along the U.S. Gulf Coast [1][2] - The objective is to establish the first commercial-scale ship-to-ship methanol bunkering operations in the U.S., aligning with the International Maritime Organization's target of net-zero greenhouse gas emissions by 2050 [2][4] Company Contributions - ENEOS will focus on the procurement and supply of low-carbon methanol, including green methanol produced by C2X through the Beaver Lake Renewable Energy project in Louisiana [3][8] - NYK Line will utilize its experience in LNG bunkering infrastructure to provide technical expertise for methanol bunkering vessels [3][8] - SEACOR will leverage its expertise as a Jones Act qualified owner and operator, contributing to the design, engineering, and construction of the bunkering operations [4][8] - ABS will offer class and regulatory support necessary for establishing methanol bunkering operations in the U.S. [4][8] Industry Context - Low-carbon methanol is gaining traction as a next-generation marine fuel due to its ease of handling and potential to reduce greenhouse gas emissions [2] - The initiative aims to contribute to a carbon-neutral future for the maritime industry, addressing the increasing demand for practical solutions to meet environmental targets [4]