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Cramer's week ahead: New economic data and earnings from FedEx, Jabil
CNBC· 2025-12-13 07:14
CNBC's Jim Cramer on Friday told investors what to look out for next week on Wall Street, including new economic data and earnings from FedEx and manufacturer Jabil.He also remarked on this week's big decline in tech stocks. He said he still believes in the power of artificial intelligence and suggested some of these names might be worth buying once their valuations come down."We need every piece of data to keep up on what's really happening as the money rotates from the Magnificent Seven to all these other ...
Havila Shipping ASA : DNB, Swedbank and Danske Bank demand prepayment of outstanding debt
Globenewswire· 2025-12-13 06:00
Reference is made to the stock exchange announcement dated 21 January 2025. As described in the stock exchange announcement, DNB Bank ASA, Swedbank AB (publ) and Danske Bank A/S NUF claim that the Company has breached the restructuring agreement for the group entered into on 19 June 2020. The three banks finance the vessels Havila Foresight and Havila Harmony. The Company disputes that there is any breach of the restructuring agreement. It is the Company' postion that the three banks are obliged to convert ...
Navios Maritime Partners L.P. Announces Senior Leadership Changes
Globenewswire· 2025-12-13 05:05
PIRAEUS, Greece, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo and tanker vessels, today announced senior leadership changes. Angeliki Frangou, Chairwoman and Chief Executive Officer stated “Today marks the beginning of an exciting new chapter as we strengthen the executive management team and continue our mission of being a leading player in the maritime industry through rigorous risk management, prudent cap ...
Maersk tabs new CFO, North American chief in global leadership shakeup
Yahoo Finance· 2025-12-13 00:59
Maersk today announced a raft of changes across senior leadership as rival carriers challenge its dominance in global logistics. Maersk parent A.P. Moller-Maersk said that former Kuehne & Nagel executive Robert Erni has joined the company as chief financial officer and member of the executive board. The company said Erni has worked for more than 30 years in global logistics finance, including two decades at Zurich-based Kuehne & Nagel (KNIN.SW). He held several financial positions there including group ...
Demand, capacity “don’t stack up” on U.S. container trades
Yahoo Finance· 2025-12-13 00:03
The ongoing supply and demand imbalance is driving down container prices on U.S. trade routes, as ocean carriers deploy more ships in a soft market. Spot rates as of Dec. 11 from Asia to the U.S. West Coast fell 2%, or $33 per forty foot equivalent unit (FEU) in the latest week, to $1,861 per FEU, analyst Xeneta said in an update. Short-term pricing looks softer after a previous rebound. Rates are down month-on-month by approximately 22%, or $511 per FEU, from Nov. 11, “underlining how much pricing powe ...
C3is Inc. Announces Closing of $9 Million Public Offering
Globenewswire· 2025-12-12 22:25
ATHENS, Greece, Dec. 12, 2025 (GLOBE NEWSWIRE) -- C3is Inc. (NASDAQ: CISS) (the “Company”), a ship-owning company providing dry bulk and tanker seaborne transportation services, today announced the closing of a public offering made on a reasonable best efforts basis with gross proceeds to the Company of approximately $9 million, before deducting placement agent fees and other offering expenses payable by the Company. The offering consisted of 7,500,000 units, each consisting of (i) one (1) share of common s ...
Nordic American Tankers Ltd (NYSE: NAT) – Comments on strong market and on Venezuela matters
Globenewswire· 2025-12-12 22:22
Friday, December 12, 2025 Dear Shareholders and Investors, Below are the recent spot fixtures, showing the strong level of the market for our suezmax vessels. There is a scarcity of vessels, producing room for the high rates. All numbers are approximations. All fixtures are to major oil companies. Fixture of more than 40 days at a Time Charter Equivalent (TCE) of about $52,000 per day. Fixture of about 33 days at a TCE rate of about $78,000 per day. Fixture for a 50-day voyage at about $95,000 per day ...
ABS, ENEOS, NYK Line, and SEACOR Holdings Launch Joint Study to Develop a Methanol Marine Fuel Supply Network in the U.S.
Globenewswire· 2025-12-12 21:30
American Bureau of ShippingENEOS CorporationNippon Yusen Kabushiki KaishaSEACOR Holdings Inc. MIAMI, Dec. 12, 2025 (GLOBE NEWSWIRE) -- American Bureau of Shipping (“ABS”), ENEOS Corporation (“ENEOS”), Nippon Yusen Kabushiki Kaisha (“NYK Line”), and SEACOR Holdings Inc. (“SEACOR”) have begun a joint study to develop a methanol bunkering*¹ and supply chain network along the U.S. Gulf Coast. The four parties aim to establish the first commercial-scale ship-to-ship*² methanol bunkering operations in the U.S. In ...
Imperial Petroleum Inc. (IMPP) Surpasses Earnings Estimates with Strong Operational Performance
Financial Modeling Prep· 2025-12-12 06:00
Imperial Petroleum Inc. (NASDAQ:IMPP) reported earnings per share of $0.32, significantly beating the estimated $0.11.The company's revenue for Q3 2025 was approximately $41.42 million, indicating a 25.5% increase year-over-year.IMPP's operational utilization improved to 88.7%, with the dry bulk fleet achieving an operational utilization of 92.5%.Imperial Petroleum Inc. (NASDAQ:IMPP) is a company based in Athens, Greece, specializing in the transportation of petroleum products, crude oil, and dry bulk. The ...
Imperial Petroleum Inc. (IMPP) Q3 2025 Earnings Call Prepared Remarks Transcript
Seeking Alpha· 2025-12-12 01:02
PresentationGood day, and thank you for standing by. Welcome to the Q3 2025 Imperial Petroleum Results Conference Call and Webcast. [Operator Instructions] Please note that today's conference is being recorded. I would now like to turn the conference over to your speaker, Mr. Harry Vafias, CEO of Imperial Petroleum. Please go ahead, sir.Harry VafiasCEO, President & Chairman Good morning, everyone, and thank you for joining us for our third quarter 9 months 2025 Conference Call. I'm Harry Vafias, the CEO of ...