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RARE PHOTOS: Panamax - The Real Truth

Shipping traffic through Strait of Hormuz falls to single digits, data shows

Vessel traffic in the Strait of Hormuz dropped significantly on Thursday. Two Panamax ships exited the strait, carrying fertilizer and sailing in ballast. Five vessels entered the strait, including cargo and petroleum product carriers. Iran-aligned Houthis seized control of Yemen's port city of Mocha. Commodity vessel traffic in the Bab…

The Economic Times

BW LPG Q1 Earnings Call Highlights

BW LPG (NYSE:BWLP) reported sharply higher first-quarter earnings and announced a major fleet renewal program, as management said geopolitical disruptions in the Middle East and shifting LPG trade flows have pushed very large gas carrier freight rates to historically elevated levels. Chief Executiv

MarketBeat

Diana Shipping Q1 Earnings Call Highlights

Diana Shipping (NYSE:DSX) reported a sharply higher first-quarter profit as the dry bulk shipowner benefited from improved charter rates, lower interest expense and an unrealized gain tied to its investment in Genco Shipping & Trading. Chief Executive Officer Semiramis Paliou said the dry bulk

MarketBeat

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EuroDry Q1 Earnings Call Highlights

EuroDry (NASDAQ:EDRY) reported a return to profitability in the first quarter of 2026, supported by stronger charter rates despite operating a smaller average fleet than a year earlier, while management said it is expanding its newbuilding program with two additional Kamsarmax bulk carriers. Chairm

MarketBeat

The Baltic Dry Freight Index Is Near a 2-Year Low. Why It’s a Bearish Omen for Commodities.

Freight shipping activity is depressed in January due to the Lunar New Year holiday and tariff uncertainty.

Barchart

3 Buy Rated Dividend Companies Trading Near Their 52-Week Low

Ride the "road to recovery" with these 3 buy-rated dividend stocks that trade near their 52-week lows!

Barchart

Goodbye to a Neighborhood

The industrial takeover of Freeport’s East End, a historically Black community, by Port Freeport oil and gas developers is almost complete.

Texas Observer

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Marine Transportation Stocks Have Avoided Treacherous Waters In 2022: Check Out 3 Smaller Players With High-Yield Dividends

Many marine shipping companies have been reporting a solid year earnings-wise.

Benzinga

Why Golden Ocean Shares Are Trading Higher Today

Golden Ocean Group Ltd (NASDAQ:GOGL) reported a first-quarter FY22 revenue increase of 67.8% year-over-year to $265.18 million. Revenues declined 30.1% from 4Q21. EPS improved to $0.62 from $0.14 in 1Q21 but declined from $1.01 recorded in 4Q21. The company recorded a net operating income of $102.47 million versus $21.83 million a year ago;…

Benzinga

Matson vs. Golden Ocean Group: Which Shipping Stock is a Better Buy?

Today I will analyze and compare Matson (MATX) and Golden Ocean (GOGL) to determine which shipping stock is currently a better investment.

StockNews.com

Golden Ocean Group vs. ZIM Integrated: Which Shipping Stock is a Better Buy?

With the surge in demand for commodity and e-commerce goods worldwide, the shipping industry is poised to grow. So, we think ZIM Integrated (ZIM) and Golden Ocean (GOGL) should benefit. But which of these two stocks is a better buy now? Read more to learn our view.

StockNews.com

Golden Ocean Sells Three Panamax Vessels For $52M

Golden Ocean Group Ltd (NASDAQ:GOGL) has sold three of its oldest Panamax vessels, Golden Empress, Golden Enterprise, and Golden Endeavour, for a combined sales price of $52 million. Golden Ocean expects to record a gain from the sales of ~$9.6 million in 2Q22 and receive net cash proceeds of ~$30.7 million when the…

Benzinga

OceanPal Enters Time Charter Contract For M/V Calipso Vessel

OceanPal Inc (NASDAQ:OP) has entered into a time charter contract with Tongli Shipping Pte. Ltd. for its 2005-built Panamax dry bulk vessel, the m/v Calipso. The gross charter rate is $24,500 per day for a minimum of 90 days up to a maximum up to August 5, 2022. The company expects the charter…

Benzinga

Golden Ocean Registers 1.5% Sequential Revenue Decline In Q4

Golden Ocean Group Ltd (NASDAQ:GOGL) reported a fourth-quarter FY21 revenue increase of 126% year-over-year to $381.81 million. Revenues declined 1.5% from 3Q21. EPS improved to $1.01 from $0.18 in 4Q20. The company recorded a net operating income of $204.39 million versus $27.99 million a year ago; and a margin of 53.5%, compared to…

Benzinga

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Benzinga

OceanPal Enters Time Charter Contract For Calipso Vessel

OceanPal Inc (NASDAQ:OP) has entered into a time charter contract with Crystal Sea Shipping Co., Limited for its Panamax dry bulk vessel, the m/v Calipso. The gross charter rate is $22,500 per day for about three months up to a maximum of July 10, 2022. The charter is expected to commence on February…

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