While Bed Bath & Beyond charts a comeback under new leadership, its former corporate shell lobbed yet another damages claim against an ocean carrier for allegedly failing to meet service commitments during the Covid-19 pandemic. In a complaint filed with the Federal Maritime Commission (FMC) on Tuesday, 20230930-DK-Butterfly-1 Inc.—the entity formerly known as Bed Bath & Beyond Inc.—alleges container shipping company Hyundai Merchant Marine (HMM) violated multiple provisions of the U.S. Shipping Act. Mor ...

Core Insights - ZIM Integrated Shipping Services is currently involved in a significant buyout and takeover battle, attracting interest from both insiders and foreign entities due to its well-capitalized business [1] Company Performance - The container shipping company has reported very strong results, indicating robust financial health and operational performance [1]

Container rates ticked up in the latest week on the benchmark eastbound trans-Pacific from Asia to the United States, but the gains were too slight to offset prices 20%-30% lower than in November. Spot rates rose 7% or $140 per forty foot equivalent unit in a short-term rebound in pricing after a bottoming out in late November. But rates remain lower by 32%, or $950 per FEU, according to an update from analysts Xeneta and eeSea, from early November as the market adjusts to earlier capacity and demand shi ...

Core Insights - The maritime container transport volume from Asia to Europe reached 1,625,079 TEUs in September, marking a year-on-year increase of 13.7% [1][4] - The transport volume from the Greater China region (including mainland China and Hong Kong) saw a significant growth of 16%, accounting for approximately 80% of the total transport volume [3] - The cumulative transport volume from July to September reached 5,236,697 TEUs, representing a year-on-year growth of 11.8%, setting a historical record for the quarter [5] Transport Volume Breakdown - Northeast Asia, including Japan, experienced a year-on-year increase of 7% in transport volume, while Southeast Asia saw a growth of 5% [5] - By destination, transport volume to Northern Europe increased by 8.9%, to the Western Mediterranean by 19.7%, and to the Eastern Mediterranean by 24.5% [5] Trade Dynamics - The EU's imports from China in August showed a year-on-year increase of 4.3% in volume, but a decrease of 9.4% in import value, indicating a potential strategy by China to prioritize export volume, possibly at the expense of unit prices [3]

Investor Presentation Q3 2025 FINANCIAL RESULTS November 20 , 2025 Disclaimer Forward - Looking Statements Investor Presentation 2 Q3 2025 : Strategic Focus Delivers Solid Financial Results Heightened market volatility The following information contains, or may be deemed to contain forward-looking statements (as defined in the U.S . Private Securities Litigation Reform Act of 1995). In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expect," ...

Financial Performance - Euroseas' Q3 2025 net revenues increased by 51% to $5691 million compared to $5415 million in Q3 2024[68] - Net income for Q3 2025 rose by 75% to $2970 million, with diluted earnings per share at $425[68] - Adjusted EBITDA for Q3 2025 increased by 76% to $3881 million[68] - For the first nine months of 2025, net revenues increased by 68% to $17049 million, and net income increased by 92% to $9647 million[68] Fleet and Operations - The current fleet consists of 21 vessels with an average age of 121 years and a carrying capacity of 611k TEU[15] - Euroseas sold MV Marcos V for $500 million in October 2025[13] - The company has declared a quarterly dividend of $070 per share[10] - As of November 18, 2025, Euroseas repurchased 466374 shares for $105 million under the share repurchase plan[11] - For Q4 2025, 1000% of available voyage days have been secured at an average rate of ~$30345/day[18] - For 2026, approximately 747% of available voyage days are covered at an average rate of ~$31300/day[18] Market Overview - One-year time charter rates remained firm in Q3 2025, with average rates for feeder vessels rising by 3%[24] - The fleet has grown by 61% year-to-date[25] - The orderbook as a percentage of the fleet is 150%[41]

Investor Presentation November 2025 Disclaimer This presentation contains certain statements that may be deemed to be "forward-looking statements" within the meaning of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, that address activities, events or developments that the Company expects, projects, believes or anticipates will or may occur in the future, including, without limitation, the outlook for fleet utilization and shipping rates, general industry cond ...

Core Viewpoint - Euroseas Ltd. reported strong financial results for the third quarter and the first nine months of 2025, highlighting increased revenues, net income, and earnings per share, alongside a robust chartering strategy that enhances revenue visibility and earnings stability [5][26][39]. Financial Highlights Third Quarter 2025 Financial Highlights - Total net revenues reached $56.9 million, a 5.1% increase from $54.1 million in Q3 2024 [12][14]. - Net income was $29.7 million, compared to $27.6 million in the same period last year [12][14]. - Earnings per share were $4.27 (basic) and $4.25 (diluted), up from $3.97 and $3.95 respectively in Q3 2024 [23][24]. - Adjusted EBITDA was $38.8 million, an increase from $36.1 million in Q3 2024 [13][23]. Nine Months 2025 Financial Highlights - Total net revenues for the first nine months were $170.5 million, a 6.8% increase from $159.6 million in the same period of 2024 [26]. - Net income for the period was $96.5 million, compared to $88.4 million in the first nine months of 2024 [26]. - Earnings per share were $13.90 (basic) and $13.84 (diluted), up from $12.75 and $12.66 respectively in the same period last year [39][40]. - Adjusted EBITDA for the nine months was $115.2 million, compared to $102.9 million in the first nine months of 2024 [38]. Recent Developments - The company declared a quarterly dividend of $0.70 per share for Q3 2025, payable on December 16, 2025 [5]. - Euroseas repurchased 466,374 shares for approximately $10.5 million under its share repurchase plan [5]. - The company signed forward charters for five vessels, enhancing revenue visibility with expected EBITDA contributions of approximately $183 million during the charter periods [8][10]. Operational Insights - An average of 22.0 vessels were operated in Q3 2025, earning an average time charter equivalent rate of $29,284 per day [12][14]. - The company noted a strong charter coverage of about 75% for 2026 and over 50% for 2027, providing contracted revenues well into 2032 [8][9]. - The overall containership market faces challenges, but the intermediate and feeder sectors, where Euroseas operates, are expected to benefit from an aging fleet and limited new orders [10][11]. Fleet Profile - As of November 18, 2025, Euroseas operates a fleet of 21 container carriers with a total deadweight tonnage of 786,362 and a total TEU capacity of 61,144 [41]. - The company has four vessels under construction, expected to be delivered between 2027 and 2028, with time charters already secured [41].

Company Overview - EuroHoldings Ltd was spun off from Euroseas Ltd on March 17, 2025[10] - Marla Investments Inc acquired 51.04% of EuroHoldings' outstanding common shares from the Pittas family on June 23, 2025[10] - The company decided to focus on the tanker sector starting August 12, 2025[10] Financial Performance (Q3 2025) - Net revenues were $2.96 million[12] - Net income was $1.54 million, or $0.55 per share[12] - Adjusted EBITDA was $1.44 million[12] Fleet Expansion - EuroHoldings acquired its first MR product tanker for $31.83 million on November 5, 2025[17] - The fleet consists of 2 containerships with a total capacity of 3,171 TEU and 1 product tanker with a capacity of 49,997 DWT[18] Containership Market - The containership markets, especially for feeder vessels, have remained strong[23] - 20% of Feeders small size(1,000-1,999 TEU) are 20 years+/ Fleet[25] - The average 6-12 month TC rate for 1,700 TEU geared vessels was $28,750/day as of November 14, 2025[29] Product Tanker Market - One-year TC rates for MR tankers reached $23,750/day in early November 2025, matching the 2020-2025 average[50] - Almost 46% of the MR product fleet is over 15 years of age[50] - The orderbook represents 14.1% of the existing fleet[41] Financial Position - Cash & Other assets: $17.5 million[63] - Vessels book value: $3.6 million[63] - Net Asset Value around $30.2 million, or around $10.73/share[63]

CMA CGM on Monday said group net income fell 72.6% to $749 million from $2.73 billion on revenue down 11.3% to $14.042 billion from $15.834 billion in the year-ago quarter. The privately-held company headquartered in Marseilles said results were “significantly impacted” by geopolitics and trade tensions centered in the United States with a corresponding “slowdown in maritime activity”. Earnings before interest, depreciation, taxes and amortization (EBITDA, or operating earnings) totaled $2.995 billion, a ...