Iran is now collecting tolls.Malaysia and Indonesia are taking notes.Drop Site (@DropSiteNews):💢 Iran sets up “approved” shipping corridor through HormuzIran is allowing select vessels to pass through the Strait of Hormuz along routes inside its territorial waters after prior approval — with at least one tanker reportedly paying around $2M for transit, according to https://t.co/IqlLVRwCE5 ...

Core Viewpoint - DHT Holdings, Inc. has filed its 2025 annual report on Form 20-F with the SEC, making the report and audited financial statements available on its website [1] Company Overview - DHT is an independent crude oil tanker company operating internationally with a fleet focused on the VLCC segment [2] - The company emphasizes a strong operational approach, quality ships, a prudent capital structure, and disciplined capital allocation strategies, including cash dividends, vessel investments, debt prepayments, and share buybacks [2] - DHT maintains a transparent corporate structure with a high level of integrity and corporate governance [2]

Group 1 - The shipping company expects revenue to grow by 6% to 6.5%, an increase from its previous forecast of 5% to 6% growth [1]

Europe’s biggest naval powers don’t see a way of reopening the Strait of Hormuz to commercial shipping before the Iran war subsides https://t.co/TvQVOxvuVa ...

RT Drop Site (@DropSiteNews)💢 Iran sets up “approved” shipping corridor through HormuzIran is allowing select vessels to pass through the Strait of Hormuz along routes inside its territorial waters after prior approval — with at least one tanker reportedly paying around $2M for transit, according to Lloyd’s List.At least nine ships have already used the route near Larak Island, where IRGC-linked authorities verify vessels. Governments including India, China, Pakistan, Iraq, and Malaysia are coordinating tra ...

RT Nick Szabo (@NickSzabo4)The way it might work is that Malaysia and/or Indonesia would mine all but specific channels, and those channels would hug their coasts, allowing their missiles and drone planes and drone boats to be targeted on ships they have not authorized in those channels, and giving them opportunity to inspect the ships for compliance with the rules. China would play ball and follow their rules, as they are now doing at Hormuz. Which countries' shipping companies were privileged would depend ...

Iran currently exercises military veto power over commercial shipping traffic near and at the Strait of Hormuz.Iran has rules that it has established for transit of Hormuz., rules that it believes it needs to fight its existential war. Follow Iran's rules, like China does, and your ships get through. Refuse to follow them and your ships are in danger from military enforcement of the rules, and in almost all cases the shipping company will simply refuse to risk the transit.U.S. attempts to remove Iran's veto ...

Iran currently exercises military veto power over commercial shipping traffic near and at the Strait of Hormuz.Iran has rules that it has established for transit of Hormuz., rules that it believes it needs to fight its existential war. Follow Iran's rules, like China does, and your ships get through. Refuse to follow them and your ships are in danger from military enforcement of the rules, and in almost all cases the shipping company will simply refuse to risk the transit.U.S. attempts to remove Iran's veto ...

Genco Shipping & Trading Conference Summary Company Overview - Genco Shipping & Trading is the largest U.S.-based dry bulk shipowner, headquartered in New York with offices in Singapore and Copenhagen - The company operates a fleet of 43 modern high-quality dry bulk vessels, capable of transporting a wide range of commodities including iron ore, coal, grains, cement, fertilizers, sugar, and salt [2][3] Core Business Strategy - Genco has a robust commercial platform that allows direct engagement with cargo owners, providing full-service logistics solutions and generating revenue above daily indices [3] - The company employs a low leverage model with a net loan-to-value ratio of approximately 12%, coupled with a high dividend payout strategy [4][7] - Genco's fleet includes 19 Newcastlemax and Capesize vessels focused on major bulk commodities, and 26 Ultramax and Supramax vessels for minor bulk commodities, providing a balance of high beta and stability [5][11] Financial Performance - In 2025, Genco's cargo composition was 48% iron ore, 14% grains, and 13% coal, with iron ore being crucial for steel production [6] - The company has paid $270 million in dividends and reduced debt by nearly $250 million, maintaining a strong financial position [7][8] - Genco's Q4 2025 dividend was $0.50 per share, representing an annualized yield of close to 10%, the highest since Q4 2022 [14][19] - EBITDA for Q4 2025 reached $42 million, contributing to half of the total EBITDA for the year [16] Market Dynamics - The Baltic Dry Index has shown strong performance, with Cape rates averaging $23,000 per day and Supramax rates at $12,000 per day, driven by robust Atlantic iron ore exports, particularly from Brazil [21][22] - Guinean bauxite exports have increased by 30% year-to-date, with 75% shipped to China, indicating strong demand for Capesize vessels [22] - The current order book for dry bulk vessels is about 12%-13% of the fleet, with 11% of the existing fleet being over 20 years old, suggesting a need for replacement tonnage [23] Corporate Governance - Genco is recognized for its strong corporate governance, being the only U.S. filer with no related party transactions and ranking in the top quartile among public shipping companies [12][13] Risk Management - The company is well-positioned to manage geopolitical risks and market volatility due to its low leverage and strong balance sheet, allowing for continuous capital returns to shareholders [49][50] - Genco monitors macroeconomic factors and commodity demand closely, particularly in developing Asia and China, which are significant for the dry bulk market [48] Future Outlook - Genco is optimistic about 2026 and beyond, expecting continued growth in iron ore and bauxite trades, with a focus on larger ships to capitalize on these trends [25][34] - The company plans to maintain its strategy of prioritizing dividends while also investing in fleet renewal and growth opportunities as market conditions allow [41][50]

China’s largest container liner Cosco Shipping warned of increasing uncertainties in the year ahead as a deepening Middle East conflict continues to reshape global trade https://t.co/eb8M3mlWJZ ...