Marshall Island Business Digest
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Keeping up with business and economy news from the Marshall Islands

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.

Global Ship Lease Announces Affirmed Credit Ratings and Outlooks

Global Ship Lease Announces Affirmed Credit Ratings and Outlooks

ATHENS, Greece, July 08, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company” or “GSL”), a containership owner and lessor, announced today several recent updates by three leading credit rating agencies. Moody’s Investor...

Star Bulk Announces Date for the Release of Second Quarter Ended June 30, 2025, Results, Conference Call, and Webcast

Star Bulk Announces Date for the Release of Second Quarter Ended June 30, 2025, Results, Conference Call, and Webcast

ATHENS, Greece, July 08, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the second quarter ended June 30, 2025, after the market closes in New...

Safe Bulkers, Inc. Declares Quarterly Dividend on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares

Safe Bulkers, Inc. Declares Quarterly Dividend on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares

MONACO, July 02, 2025 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: a cash dividend of...

EuroDry Ltd. Announces Annual Meeting of Shareholders

EuroDry Ltd. Announces Annual Meeting of Shareholders

ATHENS, Greece, July 02, 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 its Board of...

Euroholdings Ltd Reports Results for the Quarter Ended March 31, 2025 and Declares First Quarterly Common Stock Dividend Following Spin - Off

Euroholdings Ltd Reports Results for the Quarter Ended March 31, 2025 and Declares First Quarterly Common Stock Dividend Following Spin - Off

ATHENS, Greece, June 25, 2025 (GLOBE NEWSWIRE) -- Euroholdings Ltd (NASDAQ: EHLD, the “Company” or “Euroholdings”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced...

Euroseas Ltd. Reports Results for the Quarter Ended March 31, 2025 and Declares Quarterly Common Stock Dividend

Euroseas Ltd. Reports Results for the Quarter Ended March 31, 2025 and Declares Quarterly Common Stock Dividend

ATHENS, Greece, June 18, 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 its...

Okeanis Eco Tankers Corp. – New Loan Agreement

Okeanis Eco Tankers Corp. – New Loan Agreement

ATHENS, Greece, June 17, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that it has entered into a new $65.0 million secured term loan facility, to finance the previously announced...

EuroHoldings Ltd. Sets Date for the Release of First Quarter 2025 Results

EuroHoldings Ltd. Sets Date for the Release of First Quarter 2025 Results

ATHENS, Greece, June 24, 2025 (GLOBE NEWSWIRE) -- EuroHoldings Ltd. (NASDAQ: EHLD) (“EuroHoldings” or the “Company”) an owner and operator of ocean-going vessels and provider of seaborne transportation, announced today that, that it will release...

Visit to Singapore by Permanent Representatives to the United Nations under the 14th Forum of Small States Fellowship Programme, 21 to 25 July 2025

Visit to Singapore by Permanent Representatives to the United Nations under the 14th Forum of Small States Fellowship Programme, 21 to 25 July 2025

Singapore will host a study visit by 15 Permanent Representatives to the United Nations (UN) in New York from 21 to 25 July 2025 under the 14th Forum of Small States (FOSS) Fellowship Programme. These Permanent Representatives are from Central...

Star Bulk Announces Share Buyback of 1,985,169 Shares at an Average Price of $16.21 Per Share for a Total of $32.22 Million

Star Bulk Announces Share Buyback of 1,985,169 Shares at an Average Price of $16.21 Per Share for a Total of $32.22 Million

ATHENS, Greece, June 16, 2025 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that the Company has bought back 1,985,169 of its shares since March 31st, 2025 for a total of $32.22 million...

Euroseas Ltd. Announces Annual Meeting of Shareholders

Euroseas Ltd. Announces Annual Meeting of Shareholders

ATHENS, Greece, July 02, 2025 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that its Board of Directors has...

Global Ship Lease Announces Results of 2025 Annual Meeting of Shareholders

Global Ship Lease Announces Results of 2025 Annual Meeting of Shareholders

ATHENS, Greece, June 17, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company” or “GSL”) today announced that its 2025 Annual Meeting of Shareholders was duly held on June 17, 2025 in Athens, Greece (the “Annual Meeting”). At...

Purdue Research Foundation and Archaeological Legacy Institute to embark on expedition to identify Amelia Earhart’s missing plane

Purdue Research Foundation and Archaeological Legacy Institute to embark on expedition to identify Amelia Earhart’s missing plane

WEST LAFAYETTE, Ind., July 02, 2025 (GLOBE NEWSWIRE) -- On the 88th anniversary of her mysterious disappearance, Purdue Research Foundation (PRF) and Archaeological Legacy Institute (ALI) announced a remarkable joint effort to locate Amelia...

Oil tanker blasts off Libyan coast after visiting Russian ports

Oil tanker blasts off Libyan coast after visiting Russian ports

(MENAFN) An oil tanker carrying nearly one million barrels of crude oil exploded off Libya’s coast shortly after leaving Zuetina port and heading toward Gibraltar. The incident occurred on June 27, causing engine room flooding and leaving the...

Euroseas Ltd. Sets Date for the Release of First Quarter 2025 Results, Conference Call and Webcast

Euroseas Ltd. Sets Date for the Release of First Quarter 2025 Results, Conference Call and Webcast

ATHENS, Greece, June 16, 2025 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it will release its...

Visitor Arrivals and Expenditures Increased in May 2025

Visitor Arrivals and Expenditures Increased in May 2025

Posted on Jun 30, 2025 in News For Immediate Release: June 30, 2025 HONOLULU—According to preliminary statistics from the Department of Business, Economic Development and Tourism (DBEDT), total visitor arrivals and total visitor spending in May...

EuroDry Ltd. Reports Results for the Quarter Ended March 31, 2025

EuroDry Ltd. Reports Results for the Quarter Ended March 31, 2025

ATHENS, Greece, June 05, 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 its results for the...

Explosion Hits Oil Tanker Off Libya

Explosion Hits Oil Tanker Off Libya

(MENAFN) A vessel transporting approximately one million barrels of crude oil has experienced an explosion off Libya’s shoreline. Although the detonation caused serious damage, there have been no reports of injuries or environmental contamination....

Toro Corp. Announces Vessel Acquisition

Toro Corp. Announces Vessel Acquisition

LIMASSOL, Cyprus, June 11, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation services provider, announces it has entered into an agreement, through a wholly owned subsidiary, to acquire a...

Navigator Gas Announces Preliminary First Quarter 2025 Results (Unaudited)

Navigator Gas Announces Preliminary First Quarter 2025 Results (Unaudited)

LONDON, May 14, 2025 (GLOBE NEWSWIRE) -- First Quarter Financial Highlights On May 14, 2025, the Board of Navigator Holdings Ltd., (NYSE: NVGS) (“Navigator Holdings,” "Navigator Gas," “our,” “we,” “us” or the “Company”) declared a cash dividend of...

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