Previous 10 | Next 10 |
lcswart/iStock Editorial via Getty Images Plagued by the coronavirus pandemic, as well as the Suez Canal blockage, the shipping industry was just getting back on its feet before being dealt another blow. One of the biggest ports in the world called Yantian, was recently shut down because of C...
Opla/E+ via Getty Images UBS says a key takeaway from meetings with shipping industry experts is that supply chain pressures will remain in place for the near term as it pertains to the retail sector. The bottlenecks are linked in part to port disruptions, labor shortages and a lack of availa...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...
Higher container rates positive for upcoming charters. Charters on four feeders and one intermediate expire before yearend 2021 and the renewal prospects remain strong. We estimate that the feeders (Spetses/Diamantis/Corfu/Evridiki) will secure longer term work at charter rates in the $20.0k-$...
Gainers: Euroseas (ESEA) +25%. StarTek (SRT) +19%. India Globalization Capital (IGC) +18%. FuelCell Energy (FCEL) +15%. PureCycle Technologies (PCT) +15%.Losers: Fuel Teck (FTEK) -13%. ShiftPixy (PIXY) -12%. Custom Truck One Source (CTOS) -12%. Aenza (AENZ) -11%....
Containership charter fixtures rates have broken through to fresh all-time highs, S&P Global Platts reports, citing Harper Petersen & Co. data.Time-charter rates for a ship with a capacity of 8,500 20-ft. equivalent units reportedly registered at $65K/day on June 4, more than 4x ...
A.P. Moller-Maersk (AMKBY) is calling for a $150/ton carbon tax on marine fuels to help bridge the price gap between fossil fuels that vessels consume today and greener alternatives that are now much more expensive.The world's largest shipping container company wants the International Maritim...
Looking at 2021 forward cover of 89% of available days booked at TCE rates of $15.2k/day. Our 2021 EBITDA is $40.6 million based on TCE rates of $16.7k/day and visibility is very high. The recent Hydra charter at $20.0k/day for at least 23 months increased the forward cover and about 89% of 20...
Adjusted 1Q2021 EBITDA of $5.7 million in line with expectations with higher TCE rates offsetting higher opex. Reported adjusted EBITDA was $5.6 million. TCE revenue of $14.7 million increased from $12.5 million in 4Q2020 due to a $1,637 move up in TCE rates to $12,134/day from $10,497/day, hi...
Euroseas Ltd (ESEA) Q1 2021 Earnings Conference Call May 26, 2021 10:00 AM ET Company Participants Aristides Pittas - Chairman and Chief Executive Officer Tasos Aslidis - Chief Financial Officer Conference Call Participants Tate Sullivan - Maxim Group Poe Fratt - NOBLE Capital Markets Present...
News, Short Squeeze, Breakout and More Instantly...
ATHENS, Greece, July 23, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today a new time charter contrac...
ATHENS, Greece, July 08, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today a new time charter contrac...
Euroseas Ltd. (NASDAQ: ESEA) has caught the attention of the investment community today with its bullish price action. The company's shares have moved 6.51% on the day to $40.75. Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships ...