ATHENS, Greece, Dec. 08, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE: TEN) (“TEN” or the “Company”), a leading diversified crude, product and LNG tanker operator, announced today that it has received the ‘Best Deal’ Award in recognition of its landmark expansion into the shuttle tanker space. With a pro-forma fleet of 16 vessels, 10 of which are currently being constructed in South Korea, TEN has over the recent past become one of the largest shuttle tanker owners in the world with current revenue backlog of ap ...

The share price of Toro Corp. (NASDAQ:TORO) surged by 45.36% between November 28 and December 5, 2025, putting it among the Energy Stocks that Gained the Most This Week. Toro Corp. (TORO) Skyrockets After Announcing Special Dividend Photo by Shaah Shahidh on Unsplash Toro Corp. (NASDAQ:TORO) is a growth-oriented shipping company that acquires, owns, charters, and operates oceangoing vessels, and provides worldwide seaborne energy transportation services. Toro Corp. (NASDAQ:TORO) soared on December 5 wh ...

Core Insights - Intercont (Cayman) Limited has entered into a Memorandum of Understanding to acquire a minority stake in Starks Network, aiming to co-develop the zCloak Network, which integrates maritime services with blockchain technology [1][8]. Company Overview - Intercont (Cayman) Limited is a global carbon-neutral shipping company focused on innovative and environmentally friendly transportation solutions [11]. - Starks Network is a Singapore-based Web3 technology service provider with strong competitive advantages in the global Web3 ecosystem, particularly through its Project zCloak Network [2]. Project zCloak Network - zCloak Network offers proprietary frameworks and compliance-forward infrastructure, including AI identity solutions, self-custodial wallets, stablecoin payment systems, and AI-powered crypto payment technologies [2]. - The project has received grants from Hong Kong Cyberport incubation programs and investments from top-tier venture capital firms, indicating robust investor support [2]. Market Trends - The global adoption of stablecoin-based payment systems has rapidly accelerated, with transaction volumes surpassing the combined annual processing volume of Visa and Mastercard in 2024 [5]. - McKinsey projects that the growth rate of stablecoin transactions could exceed that of legacy payment volumes within a decade, highlighting strong demand for secure and compliant wallet solutions [6]. Financial Landscape - BlackRock reported $13.46 trillion in assets under management in Q3 2025, reflecting early participation from major financial institutions in the digital asset market [7]. - The digital asset market capitalization surged from $5 billion in 2022 to over $25.5 billion by July 2025, representing a growth of approximately 410% [7]. Strategic Implications - NCT's acquisition of zCloak is a strategic move to expand into the digitization of real-world assets and reinforce its leadership in global shipping services [8]. - The partnership aims to accelerate enterprise adoption of Web3 technologies, with potential revenue generation in the range of $30–40 million annually from privacy-preserving identity and compliance verification solutions [10].

HAIFA, Israel, Dec. 8, 2025 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM" or the "Company") today announced that leading independent proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that shareholders vote ONLY "FOR" all eight of ZIM's director nominees and AGAINST the three director nominees proposed by the dissident shareholders in connection with the Company's Annual Meeting on December 26, 2025. Since its IPO, ZIM has delivered peer-leading total ...

Our next guest is going to share his view on tariffs, supply chain, small business, and much more. Want to welcome Port of Los Angeles executive director Jean Seroka. Gan, thanks for being here this morning.I I know it's been a bit of a crazy year. I think you yourself have called this a roller coaster year because of the tariffs and other impacts. What's that meant in terms of shipping coming into this country.>> Good morning, Becky. It's been unbelievable. And a roller coaster is probably the right descri ...

Container rates ticked up in the latest week on the benchmark eastbound trans-Pacific from Asia to the United States, but the gains were too slight to offset prices 20%-30% lower than in November. Spot rates rose 7% or $140 per forty foot equivalent unit in a short-term rebound in pricing after a bottoming out in late November. But rates remain lower by 32%, or $950 per FEU, according to an update from analysts Xeneta and eeSea, from early November as the market adjusts to earlier capacity and demand shi ...

Core Insights - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets, highlighting its growth potential and diversification opportunities [1] - The popularity of insurance companies in the Philippines since 2014 indicates a shift in investment strategies among local investors, moving towards a more diversified portfolio [1] - The entry into the US market has provided additional avenues for investment, particularly in sectors such as banking, hotels, and logistics, reflecting a broader trend of globalization in investment strategies [1] Investment Strategies - Initial investments were focused on blue-chip companies, but there has been a diversification into various industries and market capitalizations over time [1] - The approach includes holding stocks for retirement as well as for trading profits, showcasing a balanced investment strategy [1] - The use of platforms like Seeking Alpha has facilitated knowledge sharing and comparative analysis between different markets, enhancing investment decision-making [1] Market Trends - The logistics and shipping sectors are gaining traction in both the ASEAN and US markets, indicating robust growth and investment interest [1] - The trend of engaging in stock markets as a means of portfolio diversification is becoming more prevalent among investors in the Philippines [1] - The increasing awareness and participation in the US market reflect a growing trend of international investment among local investors [1]

Group 1 - Investors are rotating out of technology stocks that have driven the S&P 500's 17% advance this year, favoring small companies and old-economy transportation stocks instead [2][4] - The small-cap Russell 2000 Index has gained 9.4% since November 20, reaching an all-time high, while micro-caps have added 12% and economically-sensitive trucking, shipping, and airline stocks have advanced 11% [3] - The S&P 500 Equal Weighted Index gained 1.7% in November, contrasting with a mere 0.3% rise in the standard S&P 500, indicating a shift in market leadership [7] Group 2 - Strategas Asset Management LLC recommends an overweight position in a version of the S&P 500 that removes market-cap bias, anticipating that economic factors like President Trump's tax bill will boost consumer and capital spending [5] - Bank of America Corp. suggests buying "inexpensive" mid-caps into 2026, with expectations of government intervention to control inflation and unemployment, highlighting sectors linked to the economic cycle such as homebuilders and transportation stocks [6]

Core Points - Hafnia Limited announced key information regarding the dividend for the third quarter of 2025 [1] - The shares of Hafnia will be traded ex-dividend on the Oslo Stock Exchange starting from December 8, 2025, and on the New York Stock Exchange from December 9, 2025 [1] Company Information - Hafnia Limited is recognized as one of the world's leading companies in its sector [1]

Core Insights - NH3 Clean Energy will supply 300,000 tonnes per annum of clean ammonia to ITOCHU Corporation for ammonia-fuelled shipping and bunkering operations in the Asia-Pacific region over the next two years [1] - The companies will explore business models for the entire supply chain, with findings supporting a final investment decision for the WAH2 project expected in late 2026 [2] - ITOCHU aims to lead the transition of maritime transport to clean ammonia, having already ordered an ammonia bunkering vessel and established agreements for ammonia bunkering in Singapore and Japan [3] Company Developments - NH3 Clean Energy's WAH2 project will utilize proven technology and existing infrastructure, including the deepwater Port of Dampier and gas pipelines, to deliver clean ammonia at scale [2] - The partnership with ITOCHU follows initial collaboration with Pilbara Ports Authority and Oceania Marine Energy to establish clean ammonia bunkering operations at Port of Dampier, supporting the decarbonization of the Pilbara-Asia maritime corridor [4] - NH3 and Oceania signed a MoU with Mitsui OSK Lines to develop an integrated proposition for clean ammonia-fuelled shipping, aiming to decarbonize Australian iron ore exports [5]