Pangaea Logistics Solutions (NASDAQ:PANL) Second Quarter 2025 Results Key Financial Results Revenue: US$156.7m (up 19% from 2Q 2024). Net loss: US$2.74m (down by 175% from US$3.68m profit in 2Q 2024). US$0.043 loss per share (down from US$0.081 profit in 2Q 2024). Pangaea Logistics Solutions Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by… Read More
We’re excited to share that StrateSea Technology has partnered with Klein Marine Systems, Inc., a world leader in high-resolution sonar systems. Through this collaboration, Klein will now be able to offer FeatureLab alongside their industry-leading sensors — giving customers a powerful, AI-driven workflow for subsea image analysis, object detection, and decision support right from day… Read More
Over the last year, Ellicott Dredge Enterprises, “Ellicott” has quietly been transforming and with the word growth emerging as a common theme across the business – in every department and operating location. Since the first of the year, Ellicott has been adding to the team across the board. Changemakers have joined the company in every department: Operations;… Read More
COPENHAGEN, Aug 7 (Reuters) – Shipping group Maersk raised its full-year profit forecast on Thursday as robust global container demand defied fears that tariffs would hit trade, although the company predicted a slowdown later this year. Maersk, viewed as a barometer of world trade, said it now expected global container volumes to increase by 2% to 4% this year, compared with… Read More
The National Association of Waterfront Employers (NAWE) sent a letter to House Transportation and Infrastructure Committee Chairman Sam Graves (R-MO) and Ranking Member Rick Larsen (D-WA), urging Congressional leaders to incorporate the creation of a Maritime Trust Fund to serve as a dedicated funding source to support America’s maritime industrial base development. NAWE believes a portion… Read More
