Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Marshall Island Business Digest.

United Maritime Announces the Date for the First Quarter Ended March 31, 2025, Financial Results
Earnings Release: Thursday, May 22, 2025, Before Market Open in New York GLYFADA, Greece, May 19, 2025 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today that it will release its financial...

Seanergy Maritime Announces the Date for the First Quarter Ended March 31, 2025 Financial Results, Conference Call and Webcast
Earnings Release: Tuesday, May 27, 2025, Before Market Open in New York Conference Call and Webcast: Tuesday, May 27, 2025, at 09:00 a.m. Eastern Time GLYFADA, Greece, May 22, 2025 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the...

Okeanis Eco Tankers Corp. Reports Financial Results for the First Quarter of 2025
ATHENS, May 14, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (together with its subsidiaries, unless context otherwise dictates, “OET” or the “Company”) (NYSE: ECO, OSE: OET) today reported its unaudited condensed financial results for the...


Genco Shipping & Trading Limited Announces Q1 2025 Financial Results
Declares Dividend of $0.15 per share for Q1 2025 Represents Genco’s 23ʳᵈ Consecutive Quarterly Dividend Announces a $50 Million Share Repurchase Program Building on Long-Standing Dividend Strategy NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Genco...

Scorpio Tankers Inc. Announces Financial Results for the First Quarter of 2025 and the Declaration of a Dividend
MONACO, May 01, 2025 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months ended March 31, 2025. The Company also announced that its board of directors (the...

President Lai meets President Hilda C. Heine of the Marshall Islands and her cabinet
TAIWAN, December 3 - President Lai meets President Hilda C. Heine of the Marshall Islands and her cabinet President Lai meets President Hilda C. Heine of the Marshall Islands and her cabinet On the afternoon of December 3 local time (morning of...

President Lai arrives in Republic of the Marshall Islands
TAIWAN, December 3 - President Lai arrives in Republic of the Marshall Islands President Lai Ching-te departed from Hawaii while en route for state visits to the Republic of the Marshall Islands, Tuvalu, and the Republic of Palau. After a...

President Lai attends ribbon-cutting ceremony for Majuro Hospital AI and Telemedicine Center and visits Marshall Islands and Taiwan Technical Mission market
TAIWAN, December 3 - President Lai attends ribbon-cutting ceremony for Majuro Hospital AI and Telemedicine Center and visits Marshall Islands and Taiwan Technical Mission market President Lai attends ribbon-cutting ceremony for Majuro Hospital AI...

President Lai addresses Nitijela of the Republic of the Marshall Islands
TAIWAN, December 3 - President Lai addresses Nitijela of the Republic of the Marshall Islands On the afternoon of December 3 local time (morning of December 3 Taipei time), President Lai Ching-te addressed the Nitijela (parliament) of the Republic...

EuroDry Ltd. Announces Agreement to Sell M/V Eirini P, a 2004-built Panamax Bulk Carrier
ATHENS, Greece, Sept. 15, 2025 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it has signed an...

President Lai attends state banquet hosted by President Hilda C. Heine of the Marshall Islands
TAIWAN, December 3 - President Lai attends state banquet hosted by President Hilda C. Heine of the Marshall Islands President Lai attends state banquet hosted by President Hilda C. Heine of the Marshall Islands On the evening of December 3 local...

President Lai to lead delegation on visit to the Marshall Islands, Tuvalu, and Palau
TAIWAN, November 22 - President Lai to lead delegation on visit to the Marshall Islands, Tuvalu, and Palau President Lai to lead delegation on visit to the Marshall Islands, Tuvalu, and Palau On the morning of November 22, the Presidential Office...

ADB, Marshall Islands Partner to Strengthen Skills for Women and Youth
MANILA, PHILIPPINES (7 November 2024) — The Asian Development Bank (ADB) has approved a $19.7 million project which will increase access to livelihood training opportunities and support services for women and youth in the Marshall Islands,...

Live Webinar on the Container Shipping Sector with Senior Executives from Publicly Listed Companies: Thursday, April 24, 2025, at 11 a.m. ET
NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Capital Link will host a live webinar on Thursday, April 24, 2025, at 11 a.m. Eastern Time discussing the Container shipping sector. This is part of the Capital Link Shipping Sector Webinar Series,...

Toro Corp. Announces Record Date for the Proposed Spin-Off of its Handysize Tanker Business
LIMASSOL, Cyprus, March 24, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”) an international energy transportation services company, announced today that, in relation to the previously announced spin-off of its wholly...

Navigator Gas Announces Preliminary Fourth Quarter and Financial Year 2024 Results (Unaudited)
LONDON, March 12, 2025 (GLOBE NEWSWIRE) -- Fourth Quarter Financial Highlights On March 12, 2025, the Board of Navigator Holdings Ltd. (NYSE: NVGS) (“Navigator Holdings,” "Navigator Gas," “our,” “we,” “us” or the “Company”) declared a cash...

United Maritime Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2024 and Declares Quarterly Cash Dividend of $0.01 Per Share
Highlights (in million USD, except LPS & EPS) Q4 2024 Q4 2023 12M 2024 12M 2023 Net Revenues $10.8 $11.6 $45.4 $36.1 Net (loss) / income ($1.8) ($0.7) ($3.4) $0.2 Adjusted net (loss) / income 1 ($0.7) ($0.6) ($1.2) $2.8 EBITDA1 $4.0 $4.4 $18.1...
Bezos Earth Fund Invests $37.5M USD to Accelerate Pacific-Led Ocean Protection
WASHINGTON, Sept. 16, 2025 (GLOBE NEWSWIRE) -- A groundbreaking effort led by Pacific Island leaders to safeguard the ocean took a major step forward today, with the Bezos Earth Fund announcing $37.5 million USD in grants to support marine...
Euroseas Ltd. Announces 1-year Charter Contract Extension for its Feeder Containership, M/V Jonathan P
ATHENS, Greece, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today a...