ATHENS, Greece, Nov. 28, 2025 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (NASDAQ:IMPP) ("Imperial Petroleum" or the "Company"), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, today announced that it has entered into a securities purchase agreement with two institutional investors for the sale of 9,523,900 shares of the Company’s common stock (or pre-funded warrants in lieu thereof) and accompanying Class F warrants to purchase up to 9,523,900 sh ...

ATHENS, Greece, Nov. 28, 2025 (GLOBE NEWSWIRE) -- Rubico Inc. (Nasdaq: RUBI) (the “Company” or “Rubico”), a global provider of shipping transportation services specializing in the ownership of vessels, announced today that its board of directors (the “Board”) has determined to effect a 1-for-30 reverse stock split (the “Reverse Stock Split”) of the Company’s issued common shares, par value $0.01 (the “Common Shares”), effective at the opening of trading on December 2, 2025. Reverse Stock SplitThe Reverse St ...

Every year, China imports about 66,000 metric tons of these. That's the weight of about 6.5% Parisian landmarks. Or if you like, 440 blue whales.And most of these avocados come all the way from Peru. This journey used to take over a month. Now it's a straight shot.Cutting it by ten days. Why. One word: megaport.And it's paid for by China. Chinese President Xi Jinping begins a week-long South America tour, opening a China funded megaport in Peru. This is a huge investment not only for Peru but in Latin Ameri ...

Group 1: Thanksgiving Closures - Most federal and financial institutions will pause operations on Thanksgiving Day, including banks, post offices, and the stock market (NYSE and Nasdaq) [2] - Major shipping carriers such as United Parcel Service Inc. and FedEx Corp. will suspend standard pickup and delivery services on this day [2] - Retail giants like Walmart Inc., Target Corp., Costco Wholesale Corp., Macy's Inc., and Kohl's Corp. will remain closed on Thanksgiving Day [3] Group 2: Thanksgiving Openings - Many grocery chains, including Kroger Co., Whole Foods, and Sprouts Farmers Market Inc., will be open on Thanksgiving, albeit with reduced hours [4] - Select pharmacies like CVS Health Corp. and Walgreens will operate, but customers should check local store hours as pharmacy counters may be closed [4] Group 3: Black Friday Operations - Business operations will resume on Black Friday, November 28, with banks and post offices reopening for regular service [6] - The stock market will open but will close early at 1 p.m. ET on Black Friday [6] - Major retailers, including Walmart and Target, will open at 6 a.m. for Black Friday deals, marking the start of the shopping season [6]

Core Insights - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets, highlighting its growth potential [1] - The diversification of investment portfolios has become a trend, with a shift from traditional savings in banks and properties to stock market investments [1] - The popularity of insurance companies in the Philippines since 2014 indicates a growing interest in financial products beyond conventional investments [1] Investment Focus - The current focus includes banks, telecommunications, logistics, and hotels, indicating a strategic approach to sector selection [1] - The entry into the US market in 2020 reflects a broader strategy to capitalize on international investment opportunities [1] - The use of platforms like Seeking Alpha for analysis and knowledge sharing demonstrates the importance of research in making informed investment decisions [1] Market Trends - The trend of investing in blue-chip companies has evolved into a more diversified portfolio across various industries and market capitalizations [1] - The shift towards holding stocks for retirement alongside trading for profits illustrates a balanced investment strategy [1] - The comparison of analyses between the US and Philippine markets suggests a comprehensive approach to understanding market dynamics [1]

Core Insights - The article discusses the performance and investment strategies of a research team that has achieved significant returns in various market conditions, particularly in the energy, shipping, and offshore sectors [1]. Company Insights - Seadrill Limited (SDRL) is highlighted as a company of interest, with the article serving as an update to previous analyses [2]. - The analyst has a historical focus on technology stocks but has expanded coverage to include the offshore drilling and supply industry, as well as the shipping industry [3]. Industry Insights - The research team claims an annualized return of almost 40% over the past decade, with a long-only model portfolio return exceeding 23 times [1]. - The article emphasizes the importance of steady dividend payouts for lower-risk investment options within the energy and shipping sectors [1].

Group 1: Political Developments - U.S. President Trump announced a boycott of the upcoming G20 summit in South Africa, citing "severe human-rights abuses against Afrikaners" including killings and land seizures [2][3] - Trump stated that South Africa blocked a U.S. Embassy representative from receiving the G20 presidency handover, leading to punitive measures including barring South Africa from the 2026 G20 in Miami and halting all U.S. payments and subsidies to Pretoria [3] Group 2: Corporate Developments - S&P Global upgraded its outlook for Uber Technologies Inc. (UBER) to Positive from Stable, reflecting confidence in the company's strong organic growth and increasing cash flows, with potential for a further credit rating upgrade in the next 12-24 months [4] - FedEx (FDX) plans to cut 856 jobs in Texas due to a key customer moving its business, highlighting competitive pressures in the shipping industry [10] Group 3: Economic Indicators - Brent Crude futures settled at $63.13 per barrel, up $0.65 or 1.04%, while U.S. Crude Oil futures rose $0.70 or 1.21% to $58.65 per barrel, indicating a slight strengthening in oil prices amidst global market dynamics [7]

Group 1 - The article does not provide any specific content or key points related to a company or industry [1]

Q3 2025 EARNINGS PRESENTATION 1 MV EFROSSINI EEDI-PHASE 3 – IMO NOx TIER III KAMSARMAX DELIVERED APRIL 2025 This presentation contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, the Company's growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as "expects," "intend ...

Financial Data and Key Metrics Changes - The company reported a net profit of approximately $17 million for the quarter, with an EBITDA of $238 million and liquidity exceeding $555 million [2][3] - Capital expenditures (CapEx) are currently at $1.6 billion, with a contract backlog remaining stable at around $3 billion [3][4] - The company declared an interim dividend of $0.05 per share, payable in early January [3] Business Line Data and Key Metrics Changes - In the dry bulk segment, the company achieved a TCE of $29,500 for Newcastlemaxes in Q3, increasing to approximately $34,000 in Q4, while Capesize rates rose from $20,500 to $26,200 [12][13] - The Kamsarmax and Panamax segments saw rates improve from $13,500 in Q3 to $17,000 in Q4 [13] - The tanker division reported Q3 rates of $30,500 for VLCCs, with Q4 rates reaching $68,000 [17][18] Market Data and Key Metrics Changes - The company remains positive on tankers, dry bulk, and offshore markets, while expressing caution regarding containers and chemicals due to supply-demand imbalances [8][9] - Dry bulk demand is expected to grow, with a ton mile demand increase of 0.8% for capesizes this year, projected to ramp up to nearly 3% next year [10] - The offshore wind market is experiencing growth, although some projects have been postponed [11] Company Strategy and Development Direction - The company is focused on increasing spot exposure in dry bulk and large tankers, positioning itself to benefit from favorable market conditions [4][8] - A new multi-purpose accommodation service vessel has been ordered to enhance capabilities in both oil and gas and offshore wind markets [22][24] - The company aims to maintain a flexible dividend policy, balancing shareholder rewards with strengthening its balance sheet for future opportunities [32][33] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the operational leverage and free cash flow generation capacity, anticipating significant liquidity generation in the coming quarters [5][6] - The company is cautious about the container and chemical markets, expecting challenges due to high order books and supply-demand dynamics [9][20] - Management remains committed to decarbonization efforts, focusing on ammonia as a fuel choice despite delays in IMO regulations [29][50] Other Important Information - The company has successfully reduced bridge financing by $300 million and is actively working to optimize its financing portfolio [5][60] - The average age of the fleet is at historical highs, which may lead to increased scrapping in the future [15] Q&A Session Summary Question: Impact of delayed carbon pricing by IMO on dual-fuel technology demand - Management indicated that the delay does not alter their strategy, which is based on finding partners for dual-fuel technology and is supported by EU legislation [28][29] Question: Investment philosophy regarding new buildings in dry bulk and tankers - The company has invested significantly in recent years and will continue to look for opportunities, but current new building prices are considered high [30][31] Question: Dividend policy and expectations - The company maintains a fully discretionary dividend policy, with no fixed minimum or maximum dividends expected [32][33] Question: Interest expenses and one-off impacts - Elevated interest expenses were attributed to bridge financing and arrangement fees from recent acquisitions [58][59] Question: Expectations for fixed contracts and their growth - The company aims to increase fixed contract coverage but does not have a specific target due to market variability [97]