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Saba Yemen
a day ago
- Politics
- Saba Yemen
US Military: We faced one of most intense combat operations in history in Red Sea
Sana'a – SABA: The US Navy has acknowledged that the aircraft carrier USS Harry S. Truman experienced one of the most intense combat operations in history while operating in the Red Sea—highlighting the severity of the threat posed by Yemeni attacks during the second wave of American escalation in Yemen. A report by the US Naval Institute (USNI) described the relief and joy among the crews of the Truman and the destroyer USS Stout upon their return from what was described as a grueling combat mission. The report confirmed that three F/A-18 fighter jets were lost during the Truman's recent deployment and that over 1.1 million pounds of munitions were used by US forces over a 50-day campaign against Yemen. After five months of confronting Yemeni forces in the Red Sea, the Stout and Truman concluded what the report called one of the most intense naval operations in decades for the US Navy. Observers interpret the return of the Truman and Stout as a clear sign of the scale of the threat posed by Yemeni armed forces in the Red Sea against US military assets. The intensity of Yemeni attacks reportedly forced the US to seek an agreement to avoid further escalation, fearing a direct strike on the aircraft carrier itself—which would be a humiliating blow to the US military, especially after Yemeni forces posed real threats to advanced F-35 jets and succeeded in downing three F/A-18s. The Yemeni forces also relentlessly pursued US naval assets with continuous missile attacks around the clock. Yemeni revolutionary leader Sayyed Abdul-Malik Badr al-Din al-Houthi stated: 'The Americans have destroyed many civilian targets, and there are hundreds of martyrs and wounded among our dear people, but they have not been able to stop the operations, destroy our capabilities, or break our people's will.' He added: 'If the Americans get involved in a third round of aggression, we are fully prepared to confront them.' Whatsapp Telegram Email Print
Yahoo
06-04-2025
- Business
- Yahoo
Is Kirby Corporation (KEX) the Best Marine Shipping Stock to Invest in Now?
We recently published a list of . In this article, we are going to take a look at where Kirby Corporation (NYSE:KEX) stands against other best marine shipping stocks to invest in now. According to Dr. Shashi Kumar of the US Naval Institute, geopolitical developments tend to have a greater impact on the highly volatile shipping market compared to market forces. Since the 2007–08 financial crisis, the broader global shipping market continues to face a series of new challenges. However, the challenging conditions this industry faced in 2024 were unmatched over the past decade and a half, says Kumar. The year's challenging conditions included the prolonged war in Ukraine, wanton Houthi attacks in the Red Sea as well as increased tensions in the South China Sea. Kumar also noted that container ships decided to avoid the Suez Canal and chose to transport goods around southern Africa, which increased transit time and greenhouse gas emissions. Despite this, the owners of these container ships saw a profitable year. The marine vessels market is expected to reach US$133.63 billion by 2030 from US$111.10 billion in 2024, as per Research and Markets. While global trade continues to fuel the demand for different types of ships, the military navy growth has also been lending support to expand the market. Notably, the requirement for larger and more versatile vessels stems from the demand for efficient transportation of goods. Also, increasing passenger and tourism needs continue to fuel fleet expansion and technology upgrades. The firm believes that several cruise lines have been adding more ships to cater to the needs of travelers focusing on unique experiences. Overall, the strategic fleet renewal remains critical for market improvement. New and fuel-efficient vessels have been supporting to meet environmental standards and lower costs, says Research and Markets. The transition towards sustainable shipping practices continues to become more critical to obey the international rules targeting reduced emissions. READ ALSO: and . Research and Markets believes that cargo vessels continue to become a critical part of commercial shipping. Such vessels tend to play a vital role in global trade by transporting numerous goods across the seas. With the demand for faster and more reliable shipping increasing, the broader industry remains focused on adopting new technologies. Notably, modern navigation systems, eco-friendly fuels, and automation tend to enhance efficiency, improve safety, and reduce the environmental impact. Therefore, as global trade has been expanding, cargo vessels remain critical when it comes to international commerce and economic growth. To list the 11 Best Marine Shipping Stocks to Invest in Now, we used a screener to shortlist the companies catering to the broader marine shipping industry. Next, we mentioned the hedge fund sentiments around each stock, as of Q4 2024. Finally, the stocks were arranged in ascending order of their hedge fund sentiments. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A line of dredgers and cranes at a marine transportation Corporation (NYSE:KEX) operates domestic tank barges in the US. Through the marine transportation segment, the company transports petrochemicals, black oil, refined petroleum products, and agricultural chemicals by tank barge. Stifel analysts sustained a 'Buy' rating on the company's stock with a price objective of $135.00. The company's sales of power equipment for data centers were highlighted. As per the analysts, the M&A opportunities in the inland barge market appear to be increasingly tangible, which can act as a catalyst for Kirby Corporation (NYSE:KEX)'s stock. The company continues to experience a strong demand throughout its business segments. Its emphasis on the inland barge market, together with its strong sales in power equipment, places it well in the industry. The firm's report demonstrated confidence in Kirby Corporation (NYSE:KEX)'s operational strength and its growth potential, mainly given the possible impact of strategic acquisitions. For FY 2024, it saw net earnings attributable to the company of $286.7 million or $4.91 per share as compared to $222.9 million or $3.72 per share for 2023. Overall, Kirby Corporation (NYSE:KEX)'s barge utilization rates averaged in the 90% range for Q4 2024. During the quarter, the stable customer demand, together with continued limited availability of large capacity vessels, led to mid-to-high-20% YoY increases on term contract renewals as well as average spot market rates that increased in the low teens range YoY. Overall, KEX ranks 1st on our list of best marine shipping stocks to invest in now. While we acknowledge the potential of KEX as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for a deeply undervalued AI stock that is more promising than KEX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at .
Yahoo
06-04-2025
- Business
- Yahoo
Is Matson, Inc. (MATX) the Best Marine Shipping Stock to Invest in Now?
We recently published a list of . In this article, we are going to take a look at where Matson, Inc. (NYSE:MATX) stands against other best marine shipping stocks to invest in now. According to Dr. Shashi Kumar of the US Naval Institute, geopolitical developments tend to have a greater impact on the highly volatile shipping market compared to market forces. Since the 2007–08 financial crisis, the broader global shipping market continues to face a series of new challenges. However, the challenging conditions this industry faced in 2024 were unmatched over the past decade and a half, says Kumar. The year's challenging conditions included the prolonged war in Ukraine, wanton Houthi attacks in the Red Sea as well as increased tensions in the South China Sea. Kumar also noted that container ships decided to avoid the Suez Canal and chose to transport goods around southern Africa, which increased transit time and greenhouse gas emissions. Despite this, the owners of these container ships saw a profitable year. The marine vessels market is expected to reach US$133.63 billion by 2030 from US$111.10 billion in 2024, as per Research and Markets. While global trade continues to fuel the demand for different types of ships, the military navy growth has also been lending support to expand the market. Notably, the requirement for larger and more versatile vessels stems from the demand for efficient transportation of goods. Also, increasing passenger and tourism needs continue to fuel fleet expansion and technology upgrades. The firm believes that several cruise lines have been adding more ships to cater to the needs of travelers focusing on unique experiences. Overall, the strategic fleet renewal remains critical for market improvement. New and fuel-efficient vessels have been supporting to meet environmental standards and lower costs, says Research and Markets. The transition towards sustainable shipping practices continues to become more critical to obey the international rules targeting reduced emissions. READ ALSO: and . Research and Markets believes that cargo vessels continue to become a critical part of commercial shipping. Such vessels tend to play a vital role in global trade by transporting numerous goods across the seas. With the demand for faster and more reliable shipping increasing, the broader industry remains focused on adopting new technologies. Notably, modern navigation systems, eco-friendly fuels, and automation tend to enhance efficiency, improve safety, and reduce the environmental impact. Therefore, as global trade has been expanding, cargo vessels remain critical when it comes to international commerce and economic growth. To list the 11 Best Marine Shipping Stocks to Invest in Now, we used a screener to shortlist the companies catering to the broader marine shipping industry. Next, we mentioned the hedge fund sentiments around each stock, as of Q4 2024. Finally, the stocks were arranged in ascending order of their hedge fund sentiments. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A processional line of imposing cargo ships in a large port, capturing the scope of the company's ocean transportation Inc. (NYSE:MATX) is engaged in the provision of ocean transportation and logistics services. Stephens analysts upped the company's price objective to $175, up from the prior target of $165, while maintaining an 'Overweight' rating. The adjustment came after the company's strong Q4 2024 earnings, which exceeded expectations. Notably, Matson, Inc. (NYSE:MATX)'s 4Q 2024 EPS came in at $3.80. Moving forward, the company anticipates that elevated freight rates in its China service will persist into Q1 2025. Beyond the first quarter, Matson, Inc. (NYSE:MATX)'s China service rates are expected to be driven by the timing of trade flow normalization in the Red Sea, as well as other geopolitical factors, supply chain activity, and the trajectory of the US economy. In the near term, Matson, Inc. (NYSE:MATX) expects continued economic growth in Alaska, aided by a low unemployment rate, job growth as well as continued oil and gas exploration and production activity. In Q4 2024, the operating income for the company's Logistics segment sat at $10.1 million, or $1.2 million higher as compared to the level achieved in Q4 2023. The increase was mainly because of a higher contribution from supply chain management. The company anticipates Ocean Transportation operating income for Q1 2025 to be significantly higher than the $27.6 million witnessed in Q1 2024. The London Company, an investment management company, released Q2 2024 investor letter. is what the fund said: 'Matson, Inc. (NYSE:MATX) – MATX ocean freight services are benefiting from rising shipping rates and improving market conditions. Global ocean freight pricing has been driven up by the ongoing disruption in the Red Sea, coupled with ramping peak season demand and healthier trade volumes. MATX's success since the onset of the pandemic has led to permanent volume additions in the China trade lane, a transformed balance sheet. and significant share count reduction. MATX remains strategically positioned as a US Jones Act shipping operator and its expedited freight service continues to offer an attractive value proposition for its customers.' Overall, MATX ranks 2nd on our list of best marine shipping stocks to invest in now. While we acknowledge the potential of MATX as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for a deeply undervalued AI stock that is more promising than MATX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
06-04-2025
- Business
- Yahoo
Star Bulk Carriers Corp. (SBLK): Among the Best Marine Shipping Stocks to Invest in Now
We recently published a list of . In this article, we are going to take a look at where Star Bulk Carriers Corp. (NASDAQ:SBLK) stands against other best marine shipping stocks to invest in now. According to Dr. Shashi Kumar of the US Naval Institute, geopolitical developments tend to have a greater impact on the highly volatile shipping market compared to market forces. Since the 2007–08 financial crisis, the broader global shipping market continues to face a series of new challenges. However, the challenging conditions this industry faced in 2024 were unmatched over the past decade and a half, says Kumar. The year's challenging conditions included the prolonged war in Ukraine, wanton Houthi attacks in the Red Sea as well as increased tensions in the South China Sea. Kumar also noted that container ships decided to avoid the Suez Canal and chose to transport goods around southern Africa, which increased transit time and greenhouse gas emissions. Despite this, the owners of these container ships saw a profitable year. The marine vessels market is expected to reach US$133.63 billion by 2030 from US$111.10 billion in 2024, as per Research and Markets. While global trade continues to fuel the demand for different types of ships, the military navy growth has also been lending support to expand the market. Notably, the requirement for larger and more versatile vessels stems from the demand for efficient transportation of goods. Also, increasing passenger and tourism needs continue to fuel fleet expansion and technology upgrades. The firm believes that several cruise lines have been adding more ships to cater to the needs of travelers focusing on unique experiences. Overall, the strategic fleet renewal remains critical for market improvement. New and fuel-efficient vessels have been supporting to meet environmental standards and lower costs, says Research and Markets. The transition towards sustainable shipping practices continues to become more critical to obey the international rules targeting reduced emissions. READ ALSO: and . Research and Markets believes that cargo vessels continue to become a critical part of commercial shipping. Such vessels tend to play a vital role in global trade by transporting numerous goods across the seas. With the demand for faster and more reliable shipping increasing, the broader industry remains focused on adopting new technologies. Notably, modern navigation systems, eco-friendly fuels, and automation tend to enhance efficiency, improve safety, and reduce the environmental impact. Therefore, as global trade has been expanding, cargo vessels remain critical when it comes to international commerce and economic growth. To list the 11 Best Marine Shipping Stocks to Invest in Now, we used a screener to shortlist the companies catering to the broader marine shipping industry. Next, we mentioned the hedge fund sentiments around each stock, as of Q4 2024. Finally, the stocks were arranged in ascending order of their hedge fund sentiments. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A hugh vessel carrying hundreds of containers passing by a small fishermen Bulk Carriers Corp. (NASDAQ:SBLK) is engaged in the ocean transportation of dry bulk cargoes. Operationally, the company has made progress in integrating systems and processes, creating a ship-owning and management platform that combines the strengths of Star Bulk and ex-Eagle Bulk. Delivering on the commitment to synergies, Star Bulk Carriers Corp. (NASDAQ:SBLK) managed to cumulatively reduce costs by $21.8 million since April 2024. Notably, in April 2024, the company completed its merger with Eagle Bulk Shipping Inc. In Q4 2024, the company achieved $12.6 million in cost reductions, which is equivalent to an annualized run rate of more than $50.0 million. With Star Bulk Carriers Corp. (NASDAQ:SBLK)'s healthy balance sheet, scale, and deep industry expertise, it remains well placed to capitalize on future opportunities. The company remains cautiously optimistic regarding the medium-term outlook for the dry bulk market, considering the favorable supply picture, stricter environmental regulations, and steps by the Chinese government in a bid to stimulate the economy. Amidst increased geopolitical uncertainty, Star Bulk Carriers Corp. (NASDAQ:SBLK) focuses on actively managing its diverse scrubber-fitted fleet to take advantage of emerging market opportunities and to continue creating value. In February 2025, the company received the credit committee approval for a senior secured revolving facility of an amount up to $50 million. Star Bulk Carriers Corp. (NASDAQ:SBLK) has 13 debt-free vessels with an aggregate market value of $250 million. Overall, SBLK ranks 5th on our list of best marine shipping stocks to invest in now. While we acknowledge the potential of SBLK as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for a deeply undervalued AI stock that is more promising than SBLK but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
06-04-2025
- Business
- Yahoo
ZIM Integrated Shipping Services (ZIM): Among the Best Marine Shipping Stocks to Invest in Now
We recently published a list of . In this article, we are going to take a look at where ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) stands against other best marine shipping stocks to invest in now. According to Dr. Shashi Kumar of the US Naval Institute, geopolitical developments tend to have a greater impact on the highly volatile shipping market compared to market forces. Since the 2007–08 financial crisis, the broader global shipping market continues to face a series of new challenges. However, the challenging conditions this industry faced in 2024 were unmatched over the past decade and a half, says Kumar. The year's challenging conditions included the prolonged war in Ukraine, wanton Houthi attacks in the Red Sea as well as increased tensions in the South China Sea. Kumar also noted that container ships decided to avoid the Suez Canal and chose to transport goods around southern Africa, which increased transit time and greenhouse gas emissions. Despite this, the owners of these container ships saw a profitable year. The marine vessels market is expected to reach US$133.63 billion by 2030 from US$111.10 billion in 2024, as per Research and Markets. While global trade continues to fuel the demand for different types of ships, the military navy growth has also been lending support to expand the market. Notably, the requirement for larger and more versatile vessels stems from the demand for efficient transportation of goods. Also, increasing passenger and tourism needs continue to fuel fleet expansion and technology upgrades. The firm believes that several cruise lines have been adding more ships to cater to the needs of travelers focusing on unique experiences. Overall, the strategic fleet renewal remains critical for market improvement. New and fuel-efficient vessels have been supporting to meet environmental standards and lower costs, says Research and Markets. The transition towards sustainable shipping practices continues to become more critical to obey the international rules targeting reduced emissions. READ ALSO: and . Research and Markets believes that cargo vessels continue to become a critical part of commercial shipping. Such vessels tend to play a vital role in global trade by transporting numerous goods across the seas. With the demand for faster and more reliable shipping increasing, the broader industry remains focused on adopting new technologies. Notably, modern navigation systems, eco-friendly fuels, and automation tend to enhance efficiency, improve safety, and reduce the environmental impact. Therefore, as global trade has been expanding, cargo vessels remain critical when it comes to international commerce and economic growth. To list the 11 Best Marine Shipping Stocks to Invest in Now, we used a screener to shortlist the companies catering to the broader marine shipping industry. Next, we mentioned the hedge fund sentiments around each stock, as of Q4 2024. Finally, the stocks were arranged in ascending order of their hedge fund sentiments. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A fleet of vessels docking at a busy harbor, signaling the company's presence in global marine Integrated Shipping Services Ltd. (NYSE:ZIM) provides container shipping and related services in Israel and internationally. The benefits of fleet transformation were evident across 2024 and reflected in its healthy financial results and volume growth which surpassed the overall market. Considering the larger vessels, which are well-poised to address emissions reduction targets and tailored to the trades in which the company operates, ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) increased carried volumes 14% YoY versus the average market growth of ~6% while offering superior margins. ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) enters 2025 with a resilient business and modern cost- and fuel-efficient capacity, 40% of which remains LNG-fueled. Given that its industry is highly volatile, the company is confident in its agile approach and competitive position. Amidst evolving market conditions, the company remains focused on strategic initiatives to enhance its competitive position. ZIM Integrated Shipping Services Ltd. (NYSE:ZIM)'s agility in responding to market changes, together with its robust presence in critical shipping routes, can enable the company to capitalize on short-term inefficiencies in the global supply chain. The new capacity deployed on the Asia to US East Coast trade, successful expedited services to the US West Coast as well as its expanded presence in Latin America continue to fuel its market share gains. Overall, ZIM ranks 3rd on our list of best marine shipping stocks to invest in now. While we acknowledge the potential of ZIM as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for a deeply undervalued AI stock that is more promising than ZIM but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
