BOAT News

YachtWorld Joins the International Superyacht Society as Silver Sponsor at the Monaco Reception

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(BOAT) MIAMI, Sept. 3, 2025 /PRNewswire/ -- YachtWorld, the world's leading online marketplace for yachts, is proud to announce its Silver-level sponsorship of the prestigious International Superyacht Society (ISS) Monaco Reception, taking place at the Fairmont Monte Carlo on Wednesday,...

September 3, 2025Sponsorship
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Frontline CEO Says Tanker Industry 'Maintains Business As Usual' Amid Uncertainty

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Frontline Plc (NYSE: FRO) reported higher revenue of $427.9 million, but missed adjusted EPS consensus at 18 cents. VLCC TCEs were $37,200, Suezmax TCEs were $31,200, and LR2/Aframax TCEs were $22,300. Fleet growth is slow and refinancings have strengthened liquidity. FRO shares are up 2.97% premarket.

May 23, 2025
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This International Cargo Shipping Company Sees Macro Uncertainty But Is Making More Money Per Cargo

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ZIM reports strong Q1 results with 28% increase in sales and 82% increase in adjusted EBITDA. Confident in resilient business and long-term growth.

May 19, 2025
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Israel-Based Cargo Shipping Company ZIM's Freight Boom: Q4 Sales Up 80% With 409% EBITDA Growth

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ZIM Integrated Shipping Services reports Q4 sales up 80% to $2.17B, beating consensus of $2.06B. EPS of $4.66 vs loss of $1.23 last year. Board declared $3.17/share dividend. 2025 outlook: adjusted EBITDA of $1.6B-$2.2B, adjusted EBIT of $350M-$950M.

March 12, 2025
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Israel-Based Cargo Shipping Company ZIM Integrated Smashes Estimates With 626% EBITDA Growth, Upgrades 2024 Outlook

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ZIM shares rise after reporting 117% increase in Q3 sales to $2.77B, beating consensus. Adjusted EBITDA up 626%, dividends declared, raised outlook.

November 20, 2024
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