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 ...

DHT Holdings, Inc. secures one-year time charter for DHT Taiga HAMILTON, BERMUDA, February 19, 2026 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced it has entered into a one-year time charter agreement at $94,000 per day for the VLCC DHT Taiga, built in 2012. The contract is expected to commence in March 2026 and has been concluded with a global energy company. About DHT Holdings, Inc.DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of c ...

Core Insights - EuroDry Ltd. reported a profitable fourth quarter of 2025, with net income attributable to controlling shareholders of $3.2 million, contrasting with a net loss of $6.2 million in the same period of 2024 [6][21][24] - The company experienced a 19.9% increase in total net revenues for Q4 2025, reaching $17.4 million, driven by higher time charter rates despite a decrease in the average number of vessels operated [10][24] - For the full year 2025, total net revenues decreased by 14.4% to $52.3 million, attributed to a lower number of vessels operated and reduced time charter equivalent rates [24][36] Fourth Quarter 2025 Highlights - Average time charter equivalent rate for Q4 2025 was $16,262 per day, a 33.3% increase compared to Q4 2024 [10][22] - Adjusted EBITDA for Q4 2025 was $7.5 million, significantly up from $1.8 million in Q4 2024 [9][22] - The company operated an average of 11.2 vessels in Q4 2025, down from 13.0 vessels in Q4 2024 [8][10] Full Year 2025 Highlights - Average time charter equivalent rate for the full year 2025 was $11,642 per day, down from $13,039 per day in 2024 [24] - Adjusted EBITDA for the full year 2025 was $12.5 million, compared to $9.4 million in 2024 [37] - The company reported a net loss attributable to controlling shareholders of $4.3 million for the full year 2025, an improvement from a net loss of $12.6 million in 2024 [36][38] Operational Insights - Total vessel operating expenses for Q4 2025 were $6.2 million, a decrease from $6.6 million in Q4 2024, primarily due to a lower number of vessels operated [12][26] - The company has initiated a strategy shift to secure longer-term charters as market rates strengthen, with a recent one-year time charter for an Ultramax vessel at $15,500 per day [7][8] - As of December 31, 2025, the company had outstanding debt of $103.7 million and cash reserves of $25.7 million [9][65] Fleet Profile - EuroDry's fleet consists of 11 dry bulk vessels with a total deadweight tonnage of 766,420 [40] - The company has two Ultramax vessels under construction, expected to be delivered in 2027 [42][43] - The average daily results indicate a fleet utilization rate of 99.6% for Q4 2025, reflecting efficient deployment of vessels [44][49]

Why is Dow Jones down today: The Dow Jones Industrial Average fell 271.87 points to 49,390.79, down 0.55% in Thursday trading, as investors reacted to Markets gave back part of Wednesday’s rally as traders reassessed risk. Crude oil prices jumped more than 2%. Asset management stocks sold off sharply. The market reaction came despite strong quarterly results from Walmart, which beat Wall Street expectations in the fourth quarter. However, the company’s full-year earnings outlook disappointed investors.Soft ...

The trucking, logistics, and shipping sector has battled the Great Freight Recession for about three years with no end in sight. Most companies have blamed reduced shipping demand, lower freight rates, and rising costs of labor, fuel, and insurance as reasons for declining revenues and profits. In the most desperate situations, shipping companies have filed for bankruptcy protection or even shut down operations. Conflicting opinions on trucking Experts have expressed conflicting opinions on the state ...

Financial Data and Key Metrics Changes - In Q4 2025, the company achieved adjusted earnings per share of $0.14, compared to $0.15 in Q4 2024 [5][29] - Adjusted EBITDA for Q4 2025 was $37.4 million, down from $40.7 million in Q4 2024 [28] - Daily vessel operating expenses increased by 13% to $5,683 in Q4 2025, compared to $5,047 in Q4 2024 [30] Business Line Data and Key Metrics Changes - The company operated an average of 45 vessels in Q4 2025, earning an average time charter equivalent of $17,050, compared to 45.9 vessels earning $16,521 in Q4 2024 [29] - The company declared a dividend of $0.05 per share, marking the seventeenth consecutive quarterly dividend [23] Market Data and Key Metrics Changes - The dry bulk fleet is projected to grow by about 3% in 2026, with the highest growth in the Panamax and Supermax segments [7] - Global dry bulk demand is forecasted to grow by 2%-3% in 2026, with cargo volumes expected to expand by 1%-2% [13] Company Strategy and Development Direction - The company maintains a balance between spot and time charter exposure to capture market opportunities while preserving cash flow visibility [6] - The company is focusing on fleet renewal with an emphasis on quality tonnage, particularly Japanese-built vessels [12] Management's Comments on Operating Environment and Future Outlook - Management noted increased market volatility in the dry bulk market due to geopolitical reasons, but expressed optimism about the market's recovery [5] - The company highlighted the importance of maintaining a young and technologically advanced fleet to enhance operational performance and regulatory compliance [12] Other Important Information - The company has a strong liquidity position with $382 million in capital resources and a leverage ratio of 34% [23] - The company has a revenue backlog of $178 million, supporting debt service and reinvestment [33] Q&A Session Summary Question: Is there any appetite to renew the Capesize fleet? - Management indicated that second-hand prices are rising, but there is a lack of suitable tonnage available for sale, leading to a focus on newbuilds [36] Question: Have you seen increasing appetite for 2- to 3-year contracts on Kamsarmaxes? - Management noted that there is currently no interest for longer-term contracts, with the market just starting to improve [37][39] Question: Would you favor index-linked exposure or fixed coverage? - Management traditionally prefers fixed rates, especially in a rising market, and noted current rates for one-year deals are around $18,000 to $19,000 per day for Eco Kamsarmaxes [40]

Safe Bulkers (NYSE:SB) Q4 2025 Earnings call February 19, 2026 10:00 AM ET Company ParticipantsCliment Molins - Head of Shipping ResearchKonstantinos Adamopoulos - CFO and TreasurerLoukas Barmparis - President and SecretaryOperatorThank you for standing by, ladies and gentlemen, and welcome to Safe Bulkers conference call for the Q4 2025 financial results. We have with us Mr. Polys Hajioannou, Chairman and Chief Executive Officer, Dr. Loukas Barmparis, President, and Mr. Konstantinos Adamopoulos, Chief Fina ...

Financial Highlights - For the twelve months of 2025, the company achieved a net income of $10.5 million, a significant increase of 481% compared to a net loss of $3 million in 2024 [3][25] - EBITDA for 2025 was reported at $17 million, up 244% from $7 million in 2024 [3][25] - Voyage revenues decreased by 18% to $34.8 million in 2025, primarily due to the dry docking of the Aframax tanker, resulting in 74 non-revenue days [3][21] - Voyage costs for 2025 were $12.8 million, down from $14.1 million in 2024 [22] Business Line Performance - The dry bulk market showed resilience in 2025, with iron ore and coal trade remaining significant, although coal shipments are forecasted to decline further in 2026 [4][6] - The minor bulks category, including bauxite and fertilizers, grew by around 4% in 2025, with expectations of a further 3% increase in 2026 [8] - The global Handysize fleet saw a 2% increase in exports, with the average age of the fleet at 14.9 years [9][10] Market Data - The Aframax sector experienced significant improvements, with spot rates on major trading routes increasing by up to 88.7% [11][12] - The global Aframax fleet consists of 1,198 ships, with 25% over 20 years of age [12] - Changes in trading patterns, particularly increased imports to China and India from the Middle East, have resulted in longer voyages and higher ton-mile demand [14][16] Company Strategy and Industry Competition - The company aims for disciplined growth through selective acquisitions of quality, non-Chinese-built vessels, focusing on short to medium-term charters [28] - The acquisition of two product tankers is expected to increase fleet capacity by 387% from inception [19][32] - The company maintains a high-quality fleet to reduce operating costs and improve safety, with no bank debt [28][29] Management's Comments on Operating Environment and Future Outlook - The company anticipates a bullish outlook for 2026, driven by elevated freight rates, resilient oil demand, and shifting trade patterns [31] - Global seaborne trades are projected to increase, supported by population growth and geopolitical factors [31] - The company has successfully completed the dry docking of its Aframax tanker, enhancing financial flexibility [31] Other Important Information - The company reported a cash balance of $14.9 million at the end of 2025, an increase of 19% from $12.6 million in 2024 [26] - The total paid for acquisitions did not change, with no interest charged on the purchase prices of vessels [29] Q&A Summary Question: What are the expectations for the dry bulk market in 2026? - The dry bulk market is expected to see modest growth in tons but robust growth in ton miles due to longer trade routes and the rising weight of minor bulks [8] Question: How does the company plan to manage its fleet and operations? - The company focuses on maintaining high standards of safety and reliability, with regular inspections and a comprehensive maintenance program for each vessel [28]

C3is (NasdaqCM:CISS) Q4 2025 Earnings call February 19, 2026 10:00 AM ET Company ParticipantsDiamantis Andriotis - CEONina Pyndiah - CFOOperatorGood day, and thank you for standing by. Welcome to the C3is Q4 2025 Financial and Operating Results webcast and conference call. At this time, all participants are in a listen-only mode. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Dr. Diamantis Andriotis. Please go ahead.Diam ...

Safe Bulkers (NYSE:SB) Q4 2025 Earnings call February 19, 2026 10:00 AM ET Speaker3Thank you for standing by, ladies and gentlemen, and welcome to Safe Bulkers conference call for the fourth quarter 2025 financial results. We have with us Mr. Polys Hajioannou, Chairman and Chief Executive Officer, Dr. Loukas Barmparis, President, and Mr. Konstantinos Adamopoulos, Chief Financial Officer of the company. At this time, all participants are in a listen-only mode. There will be a presentation followed by a quest ...