MarketPulse

shipping

5 articles
BenzingaBenzinga··Lekha Gupta

ZIM Shares Rise Despite Earnings Miss as Fleet Modernization Offers Hope

ZIM shares rose 2.80% despite missing earnings expectations, as investors focus on fleet modernization and pending Hapag-Lloyd acquisition at $35 per share.
ZIMearnings missmerger
BenzingaBenzinga··Globe Newswire

Diana Shipping Sweetens Genco Bid to $23.50/Share in $1.4B Acquisition Push

Diana Shipping increases all-cash offer for Genco Shipping to $23.50/share, a 31% premium, with $1.433B in committed financing and Star Bulk's vessel purchase agreement.
DSXDSX.WSDSXpBSBLKGNKacquisitionshareholder value
BenzingaBenzinga··Globe Newswire

Scorpio Tankers Offloads Assets, Locks in LR2 Charter Rates Ahead of 2026

Scorpio Tankers sells three vessels for $130M and secures long-term LR2 charters at $30,500-$33,000/day through 2034.
STNGmarine transportationshipping
BenzingaBenzinga··Lekha Gupta

C3is Stock Declines 18% Despite Strong Earnings Improvement

C3 Metrics stock fell 18% despite strong earnings improvement and positive operational metrics. Company narrowed losses and plans major vessel capacity expansion.
CISSstock declineearnings
BenzingaBenzinga··Lekha Gupta

Hapag-Lloyd to Acquire ZIM for $4.2B, Creating Fifth-Largest Container Shipper

Hapag-Lloyd to acquire ZIM for $4.2 billion, creating world's fifth-largest container shipper. Deal expected to close by Q4 2026.
ZIMacquisitionmerger