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SEACOR Marine Announces Second Quarter 2021 Results

SEACOR Marine Announces Second Quarter 2021 Results
globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.

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SEACOR Marine Announces Debt Payoff Agreement | Hellenic Shipping News Worldwide

SEACOR Marine Holdings Inc., a leading provider of marine and support transportation services to offshore energy facilities worldwide, announced that Falcon Global USA LLC (“FGUSA”), an indirect subsidiary of SEACOR Marine, entered into a second amendment and conditional payoff agreement (the “Conditional Payoff Agreement”) in respect of the credit facility of FGUSA, as borrower, and . ....

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60 Biggest Movers From Yesterday

Gainers Lizhi Inc. (NASDAQ: LIZI) shares surged 57.6% to close at $6.84 on Wednesday. Flywire Corporation (NASDAQ: FLYW) gained 46.3% to settle at $35.10 after the company priced its IPO at $24 per share. Build-A-Bear Workshop, Inc. (NYSE: BBW) rose 39.3% to close at $14.07 after the company reported better-than-expected Q1 results and raised FY21 EBITDA guidance. Owens & Minor, Inc. (NYSE: OMI) climbed 36.2% to close at $44.12 on Wednesday.. ....

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Navios Maritime Holdings Inc. Reports First Quarter Revenues of $117 Million | Hellenic Shipping News Worldwide

Navios Maritime Holdings Inc. Reports First Quarter Revenues of $117 Million
Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, yesterday reported financial results for the first quarter ended March 31, 2021.
Angeliki Frangou, Chairman and Chief Executive Officer, stated, “I am pleased with the results for the first quarter of 2021. In the first quarter of 2021, Navios Holdings reported revenue of $117.0 million and Adjusted EBITDA of $48.4 million.”
Angeliki Frangou continued, “The global pandemic is subsiding as the vaccines rollout gathers momentum. This along with accommodative policy measures are propelling economic activity. The IMF recently increased its 2021 GDP growth forecast 6%, giving us optimism about demand for drybulk vessels. In fact, we are enjoying this impact in our business, with our first quarter 2021 TCE rates more than double our first quarter 2020 TCE rates and about 9% higher sequentially over fourth quarter ....

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TOP NEWS: Tokio Marine expects income to double after weak year

TOP NEWS: Tokio Marine expects income to double after weak year
Thu, 20th May 2021 11:26
(Alliance News) - Tokio Marine Holdings Inc on Thursday said it expects to record a significant improvement in profit in its current financial year after reporting weak financial 2021.
The Tokyo-based insurance company said net income for the year to the end of March dropped by 38% on the prior year to JPY161.80 billion. Tokio Marine said this is due to an increase in expenses by JPY92.9 billion to JPY5.19 billion year-on-year.
In the domestic non-life insurance business, income decreased by JPY21.5 billion to JPY2.761 trillion year-on-year, while in the domestic life insurance business, income increased by JPY27.1 billion to JPY775.3 billion. ....

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