Express News | Shares of Shipping and Tanker Stocks Are Trading Lower Amid Reported Hopes of an Israel-Hamas Ceasefire, Which Could Ease Red Sea Uncertainty and Pressure Freight Rates

BenzingaJun 11 13:06 ET

Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Horizon

Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the“Company”), a diversified global shipping company, announces that on May 28, 2024, it completed the previously announced sale of the M/V Magic Horizon, a 2010-built Panamax bulk carrier vessel, for a price of $15.8 million, by delivering the vessel to its new owner.

Castor MaritimeMay 28 00:00 ET

Recovery in global commodity trade pushes up shipping charges and resurgence of tight supply chains

The catalyst for the month-long rise in sea freight rates came more from concern than optimism, including concerns about Asian port congestion, North American labor strikes that could hinder port or rail services, and heightened geopolitical tension.

Zhitong FinanceMay 27 07:34 ET

12 Industrials Stocks Moving In Friday's Pre-Market Session

GainersGetaround (NYSE:GETR) stock rose 17.0% to $0.21 during Friday's pre-market session. The market value of their outstanding shares is at $19.7 million. SOS (NYSE:SOS) stock moved upwards by 9.0%

BenzingaMay 24 08:07 ET

12 Industrials Stocks Moving In Thursday's Intraday Session

GainersGreenwave Tech Solns (NASDAQ:GWAV) stock moved upwards by 140.3% to $0.14 during Thursday's regular session. The company's market cap stands at $21.6 million. Pineapple Energy (NASDAQ:PEGY) sto

BenzingaMay 16 12:31 ET

Express News | Castor Maritime Shares Are Trading Higher After the Company Reported a Year-over-year Increase in Q1 EPS Results

BenzingaMay 16 10:48 ET