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Navios Maritime Partners L.P. (NYSE: NMM) Surpasses Earnings Expectations
Financial Modeling Prep· 2026-02-20 03:00
Core Insights - Navios Maritime Partners L.P. (NMM) reported strong financial performance with an EPS of $3.40, significantly exceeding the estimated EPS of $1.96 [2][6] - The company's actual revenue for Q4 2025 was $365.55 million, surpassing the forecast of $316 million [2][6] - NMM's strategic asset transactions included the acquisition of two capesize vessels for $134.3 million and the sale of two VLCC tankers for $136.5 million, indicating a focus on growth and asset optimization [5][6] Financial Performance - For Q4 2025, NMM achieved a net income of $117.3 million, contributing to a total annual net income of $285.3 million [3] - The company generated $123.7 million in net cash from operating activities during Q4 2025, totaling $505 million for the year, supporting strategic initiatives and dividend distributions [3] Dividend and Shareholder Returns - NMM announced a 20% increase in dividend distributions, effective Q1 2026, with new levels set at $0.24 per unit annually and $0.06 per unit quarterly [4] - The company repurchased 1,603,713 common units for $72.9 million, reflecting a commitment to returning value to shareholders [4] Future Outlook - As of February 2026, NMM has a contracted revenue of $3.8 billion, indicating a strong future revenue stream [5] - The company's financial metrics include a P/E ratio of 7.38 and a debt-to-equity ratio of 0.83, reflecting a solid financial position and market valuation [5]
Genesis Energy, L.P. Upsizes and Prices Public Offering of Senior Notes
Businesswire· 2026-02-19 01:53
Genesis Energy, L.P. Upsizes and Prices Public Offering of Senior NotesFeb 18, 2026 8:53 PM Eastern Standard Time# Genesis Energy, L.P. Upsizes and Prices Public Offering of Senior NotesShare---HOUSTON-- ([BUSINESS WIRE])--Genesis Energy, L.P. (NYSE: GEL) today announced that it has priced a public offering of $750,000,000 in aggregate principal amount of 6.75% senior notes due 2034 (the "notes†). The offering of the notes was upsized from the previously announced $500,000,000 in aggregate principal amoun ...
Genesis Energy, L.P. Files Form 10-K
Businesswire· 2026-02-18 12:20
Genesis Energy, L.P. Files Form 10-KFeb 18, 2026 7:20 AM Eastern Standard Time# Genesis Energy, L.P. Files Form 10-KShare---HOUSTON--([BUSINESS WIRE])--Genesis Energy, L.P. (NYSE: GEL) today announced that it has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission. A copy of this Form 10-K may be found on the Partnership's website at [https://www.genesisenergy.com/investors/sec-filings]. A hard copy of the Form 10-K may be requested fr ...
CMB.TECH ANNOUNCES Q4 2025 RESULTS ON 26/02/2026
Globenewswire· 2026-02-12 07:15
Core Viewpoint - CMB.TECH NV is set to release its fourth quarter 2025 earnings on February 26, 2026, and will host a conference call to discuss the results [1][9]. Group 1: Earnings Release Details - The earnings release will occur prior to market opening on February 26, 2026 [1]. - A conference call is scheduled for 8 a.m. EST / 2 p.m. CET, which will be available as a webcast with a slideshow [1][2]. - The presentation, recording, and transcript of the conference call will be accessible on the company's "Investor Relations" page [1]. Group 2: Company Overview - CMB.TECH is one of the largest listed, diversified maritime groups globally, operating a fleet of approximately 250 vessels, including dry bulk vessels, crude oil tankers, chemical tankers, container vessels, offshore wind vessels, and port vessels [3]. - The company also provides hydrogen and ammonia fuel to customers, sourced from its own production or third-party producers [3]. - CMB.TECH is headquartered in Antwerp, Belgium, with offices across Europe, Asia, the United States, and Africa [4].
SFL – Fourth Quarter 2025 Results
Globenewswire· 2026-02-11 10:49
Core Viewpoint - SFL Corporation Ltd. announced preliminary financial results for Q4 2025, including a quarterly cash dividend of $0.20 per share, marking the 88th consecutive dividend payment [1][3]. Financial Performance - Total operating revenues for Q4 2025 were $176 million, with approximately 87% derived from shipping and 13% from energy [7]. - Adjusted EBITDA was reported at $109 million, which includes $8 million from associated companies [7]. - The company experienced a reported net loss of $4.7 million, equating to $0.04 per share [7]. Dividend Information - The Board of Directors declared a quarterly cash dividend of $0.20 per share, scheduled for payment on or around March 30, 2026, with a record date of March 12, 2026 [3][7]. Asset Transactions - The company generated $52 million in net proceeds from the sale of two Suezmax tankers built in 2015, with deliveries occurring in December and February [7]. - An aggregate investment of $23 million was made in two Suezmax tankers built in 2020, capitalizing on a strong tanker market [7]. Company Overview - SFL Corporation has maintained a unique track record in the maritime industry, paying dividends every quarter since its initial listing on the New York Stock Exchange in 2004 [8]. - The company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs, supported by long-term charters and significant asset growth [8].
U.K.’s First Commercial Biomethanol Bunkering Service Launches at Port of Immingham
Globenewswire· 2026-02-10 16:00
Core Insights - The launch of the U.K.'s first commercially ready biomethanol storage and supply service for shipping at the Port of Immingham represents a significant step towards decarbonizing the maritime transport sector [1][2][5] Group 1: Project Overview - The initiative involves Exolum, Methanex Corporation, and Ørsted, aiming to provide marine bunkering services for biomethanol, a leading green fuel for shipping [3][4] - Exolum will manage the storage and fuelling infrastructure, while Methanex will supply the biomethanol, and Ørsted will be the first to utilize this service for its offshore wind farm maintenance vessels [3][4] Group 2: Industry Context - Domestic shipping in the U.K. accounts for 4.7% of transport-related CO₂ emissions, surpassing emissions from buses, trains, and domestic aviation combined [5] - The project aligns with the U.K.'s roadmap to reduce shipping emissions by 30% by 2030 and aims for zero emissions by 2050 [12] Group 3: Company Contributions - Exolum emphasizes its role in facilitating the green transition through its energy logistics and strategic infrastructure [6] - Methanex, as the world's largest producer of methanol, is committed to supporting innovative solutions for low-carbon shipping [7] - Ørsted aims to leverage this partnership to enhance sustainable operations and contribute to the broader decarbonization of the maritime sector [6][7]
U.K.'s First Commercial Biomethanol Bunkering Service Launches at Port of Immingham
Globenewswire· 2026-02-10 16:00
Core Viewpoint - The launch of the U.K.'s first commercially ready biomethanol storage and supply service for shipping at the Port of Immingham represents a significant step towards decarbonizing maritime transport, despite recent delays in the International Maritime Organization's Net Zero Framework vote [1][2]. Group 1: Project Overview - The initiative involves Exolum, Methanex Corporation, and Ørsted, aiming to provide marine bunkering services for biomethanol, a leading green fuel for decarbonizing shipping [3]. - Exolum will manage the storage and fuelling infrastructure at its Immingham facility, while Methanex will supply the biomethanol [3]. - Ørsted will be the first to utilize this service for its North Sea offshore wind farm maintenance vessels, aligning with the U.K.'s clean energy goals [3]. Group 2: Industry Impact - Domestic shipping in the U.K. accounts for 4.7% of transport-related CO₂ emissions, surpassing emissions from buses, trains, and domestic aviation combined, highlighting the importance of this project in addressing emissions challenges [5]. - The initiative demonstrates how existing energy infrastructure can be adapted to support sustainable fuels, showcasing a commitment to accelerating the maritime sector's transition to low-carbon operations [4]. Group 3: Company Contributions - Exolum emphasizes its role in facilitating the green transition through its energy logistics and strategic infrastructure [6]. - Methanex, as the world's largest producer and supplier of methanol, is dedicated to supporting innovative solutions for low-carbon shipping [7]. - Ørsted's involvement reflects its commitment to sustainable operations and the development of technologies that contribute to the broader decarbonization of the maritime sector [6].
Arkas Line to Utilize GenFlat Collapsible Shipping Containers
Businesswire· 2026-02-10 15:00
Arkas Line to Utilize GenFlat Collapsible Shipping ContainersFeb 10, 2026 10:00 AM Eastern Standard Time# Arkas Line to Utilize GenFlat Collapsible Shipping ContainersShare---TOOELE, Utah--([BUSINESS WIRE])-- GenFlat Holdings, Inc. (OTCQB:GFLT) ("GenFlat†or "the Company†), a developer of sustainable collapsible marine shipping containers, today announced a trial agreement with Arkas Line, a leading marine transportation, logistics, and shipping services company based in Turkey.During the six-month trial, ...
BW LPG Limited Secures Three-Year Time Charter-Out Contracts for Two VLGCs
Businesswire· 2026-02-09 06:02
Group 1 - BW LPG Limited has secured three-year time charter-out contracts for two Very Large Gas Carriers (VLGCs), BW Tucana and BW Yushi, which commenced in January 2026 [1] - The fixed-rate time charter-out coverage has increased to approximately 35% of the fleet capacity, with an average rate of about USD 43,500 per day for 2026 [1] - The CEO of BW LPG expressed satisfaction with the new contracts, aligning with the strategy to increase coverage to approximately 40% of fleet capacity through period charters and/or FFAs [1] Group 2 - BW LPG operates a fleet of over 50 VLGCs, including 22 vessels powered by LPG dual-fuel propulsion technology, and has over five decades of LPG shipping experience [1] - The company has an in-house LPG trading division and commercial expertise to explore investments in value chain assets, enhancing its service reliability for LPG sourcing and delivery [1] - BW LPG is associated with BW Group, which controls a fleet of over 450 vessels and has investments in various sectors, including renewables [1]
SFL - Invitation to Presentation of Q4 2025 Results
Globenewswire· 2026-02-04 11:06
Core Viewpoint - SFL Corporation Ltd. is set to release its preliminary financial results for Q4 2025 on February 11, 2026, and will host a conference call and webcast for stakeholders on the same day [1]. Group 1: Financial Results and Events - The preliminary financial results for Q4 2025 will be announced on February 11, 2026 [1]. - A conference call and webcast will take place on February 11, 2026, at 10:00 AM (EST) / 4:00 PM (CET) [1]. - Relevant materials will be available on the Company's Investor Relations section of its website on the same day [1]. Group 2: Participation Details - Stakeholders can join the conference call in listen-only mode via the webcast link on the Company's website [2]. - Participants can also join the live Q&A session through Zoom, with specific meeting ID and passcode provided [2]. - A replay of the conference call will be accessible via the webcast on SFL's website [2]. Group 3: Company Overview - SFL Corporation Ltd. has a strong track record in the maritime industry, having paid dividends every quarter since its NYSE listing in 2004 [3]. - The Company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs [3]. - SFL's long-term distribution capacity is supported by a portfolio of long-term charters and significant growth in its asset base over time [3].