Workflow
Shipping
icon
Search documents
Himalaya Shipping: I Missed The Boat - Upgrade To Buy
Seeking Alpha· 2026-02-21 12:21
Core Viewpoint - Himalaya Shipping Ltd. (HSHP) operates a fleet of 12 Newcastlemax/Capesize dry bulk ships, but the stock performance did not meet initial expectations, resulting in a total return of over [1] Group 1: Company Overview - Himalaya Shipping Ltd. owns and operates 12 Newcastlemax/Capesize dry bulk ships [1] Group 2: Investment Perspective - The initial investment thesis for Himalaya Shipping did not yield the anticipated results, indicating potential challenges in the stock's performance [1]
Buy Shipping: Undervalued Overlooked Beneficiary Of Geopolitical Tensions
Seeking Alpha· 2026-02-21 11:20
The past few years have seen geopolitical tensions become far more acute than in the early 2010s, when it seemed a lingering financial recession was the biggest worry. This new environment has also led to many investmentAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (othe ...
Capital Clean Energy Carriers Corp. Announces Pricing of €250 Million Unsecured Bonds
Globenewswire· 2026-02-20 21:05
ATHENS, Greece, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (NASDAQ: CCEC), an international owner of ocean-going vessels, today announced that it has successfully priced the offering of €250 million of unsecured bonds to investors in Greece (the “Bonds”) which will be admitted to trading in the category of fixed income securities of the Regulated Market of the Athens Exchange. The Bonds will mature in 2033 and will have a coupon of 3.75%, payable semi-annually. The offering is sub ...
Wall Street Analysts Think EuroDry (EDRY) Could Surge 35.09%: Read This Before Placing a Bet
ZACKS· 2026-02-20 15:55
Shares of EuroDry (EDRY) have gained 27.6% over the past four weeks to close the last trading session at $16.9, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $22.83 indicates a potential upside of 35.1%.The mean estimate comprises three short-term price targets with a standard deviation of $2.57. While the lowest estimate of $20.00 indicates an 18.3% increase from the current ...
Why Are C3is Shares Tumbling On Friday?
Benzinga· 2026-02-20 15:35
• C3is stock is taking a hit today. What’s behind CISS decline?Earnings SnapshotThe company reported adjusted loss per share of $4.86, which narrowed from a loss of $24.90 a year ago quarter, as adjusted net income more than doubled to $2.7 million from $1.1 million in the prior year quarter.Voyage revenues rose to $10.6 million from $9.4 million in the prior year, led by higher average TCE rates for the vessels and the decrease in idle days. Average daily TCE increased by 24% in the quarter.Fleet operatio ...
Hapag-Lloyd, WiseTech Global in container visibility initiative
Yahoo Finance· 2026-02-20 11:47
Supply chain technology specialist WiseTech Global announced a new partnership with liner operator Hapag-Lloyd for a wide-ranging trial in real-time container visibility. WiseTech (AX: WTC) will equip the German carrier’s fleet of more than 2 million boxes with Internet of Things (IoT) smart devices that frequently transmit location updates directly to WiseTech’s ecosystem of platforms for the logistics, global trade and supply chain industry. The tech company said that the pilot initiative specifically ...
Costamare Bulkers Holdings Limited Reports Results for the Fourth Quarter and Year Ended December 31, 2025
Globenewswire· 2026-02-20 11:37
Core Viewpoint - Costamare Bulkers Holdings Limited reported its financial results for Q4 2025, showing an adjusted net loss of $1.7 million and total voyage revenue of $218.5 million, reflecting its performance as an independent publicly traded company after its spin-off from Costamare Inc. [2][7][15] Financial Highlights and Operational Updates - The company had a total debt of $155.6 million and cash of $226.3 million, resulting in a negative net debt position of $70.7 million as of the end of Q4 2025 [4][16]. - Total liquidity as of December 31, 2025, was approximately $311.0 million, including cash and undrawn funds [5][54]. - The average number of vessels in the owned fleet during Q4 2025 was 31.1, with ownership days totaling 2,859 [32][33]. Profitability and Revenue - Total voyage revenue for the year ended December 31, 2025, was $597.2 million, with voyage revenue for Q4 2025 at $218.5 million [21][37]. - The company reported voyage expenses of $45.2 million and charter-in hire expenses of $133.4 million for Q4 2025 [39][40]. - The adjusted net loss for the year was $12.2 million, with an adjusted loss per share of $0.74 [21][27]. Fleet and Operations - Costamare Bulkers currently owns a fleet of 31 dry bulk vessels with a total capacity of approximately 2.8 million DWT [59]. - The company has agreed to acquire a 2018-built dry bulk vessel, Koushun, expected to conclude within Q1 - Q2 2026 [10][20]. - The fleet includes various types of vessels, with the majority on period charters, and the average age of the fleet is approximately 13 years [16][19]. Strategic Developments - The company concluded a Strategic Cooperation Agreement with Cargill, transferring a significant portion of its trading portfolio, which included chartered-in vessels and cargo transportation commitments [8][15]. - The operating platform is now focused on Kamsarmax-type vessels, with plans for future acquisitions and fleet renewal [8][20]. Cash Flow and Financial Position - Net cash provided by operating activities for Q4 2025 was $26.4 million, while net cash provided by investing activities was $8.6 million [49][50]. - The company used $3.9 million in financing activities, primarily for debt payments [52]. Market Conditions - The Capesize index has increased due to favorable supply and demand fundamentals, while the Panamax index has benefited from easing US-China tensions [20]. - The Supramax index remains healthy, supported by strong demand for coal and minor bulks [21].
Costamare Bulkers Holdings Limited Reports Results for the Fourth Quarter and Year Ended December 31, 2025
Globenewswire· 2026-02-20 11:37
Core Viewpoint - Costamare Bulkers Holdings Limited reported its financial results for Q4 2025, showing an adjusted net loss of $1.7 million and highlighting its operational transition following its spin-off from Costamare Inc. [1][2][15] Financial Highlights and Operational Updates - The company had a total debt of $155.6 million and cash of $226.3 million, resulting in a negative net debt position of $70.7 million as of the end of Q4 2025 [4][16]. - Total voyage revenue for the year ended December 31, 2025, was $597.2 million, with Q4 2025 contributing $218.5 million [20][38]. - The average number of vessels in the owned fleet during Q4 2025 was 31.1, with ownership days totaling 2,859 [32][37]. Operating Platform and Strategic Agreements - The company concluded a Strategic Cooperation Agreement with Cargill, transferring a significant portion of its trading portfolio, including chartered-in vessels and cargo transportation commitments [8][15]. - The operating platform is currently focused on Kamsarmax-type vessels, with a fleet that includes 20 third-party owned dry bulk vessels [8][19]. Fleet Renewal and Vessel Transactions - Costamare Bulkers agreed to sell the 2011-built Capesize vessel, Miracle, and the 2008-built Supramax vessel, Clara, generating total capital gains of $7.7 million [17][18]. - The company has also agreed to acquire the 2018-built dry bulk vessel, Koushun, expected to conclude within Q1 - Q2 2026 [10][17]. Market Conditions - The Capesize index has increased due to favorable supply and demand fundamentals, supported by strong exports and improved sentiment [20]. - The Panamax index has benefited from easing US-China tensions and a strong Capesize market, while the Supramax index remains healthy due to strong demand for coal and minor bulks [20].
Navios Maritime Partners L.P. Q4 2025 Earnings Call Summary
Yahoo Finance· 2026-02-19 21:32
Management attributes performance to a diversified fleet strategy across three segments, which provides optionality to wait for reasonable returns rather than accepting sub-optimal long-term charters. The company is navigating a 'new world order' where trade is increasingly used as a tool of national policy, prioritizing strategic supply chain control over pure efficiency. Geopolitical tensions and regional conflicts are explicitly cited as drivers for increased voyage distances, costs, and transit ti ...
Global Ship Lease Announces Fourth Quarter and Full Year 2025 Earnings Release, Conference Call and Webcast
Globenewswire· 2026-02-19 21:15
ATHENS, Greece, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership owner and lessor, announced today that it will hold a conference call to discuss the Company’s results for the fourth quarter and full year 2025 on Thursday, March 5, 2026 at 10:30 a.m. Eastern Time. The Company will issue financial results for the fourth quarter and full year 2025 on Thursday, March 5, 2026 before the open of market trading. What:Fourth Quarter and Full Year 2025 Conference ...