Shipping 24 February 2026 - 8 May 2026

Pyxis Tankers Stock Gets a Holiday Pause — The Freight-Rate Test Comes Next
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Pyxis Tankers Stock Gets a Holiday Pause — The Freight-Rate Test Comes Next

Pyxis Tankers shares closed Friday at $4.60, up 5.7% for the week after first-quarter earnings beat analyst profit estimates but missed revenue forecasts. Nasdaq will remain closed Monday for Memorial Day, delaying trading until Tuesday. Pyxis reported $10 million in revenue and net income of $2.4 million, with 72.9% of Q2 days fixed at an average $21,000 daily rate. Peers Scorpio Tankers, Ardmore Shipping, and Torm declined into the break.
May 25, 2026
IEA’s 2030 LNG Warning Is Pushing NextDecade to Charter More Ships
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IEA’s 2030 LNG Warning Is Pushing NextDecade to Charter More Ships

The IEA said the Iran war has removed about 120 billion cubic metres of global LNG supply from 2026-2030. NextDecade plans to charter more LNG carriers for its Rio Grande project as shipping risks rise and long-term contracts return. European Union gas storage is 30% below its five-year average. NextDecade expects first LNG from Rio Grande in early 2027.
May 8, 2026
ZIM Integrated Shipping Services Q4 Profit Falls 93% as Hapag-Lloyd Deal Freezes 2026 Outlook
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ZIM Integrated Shipping Services Q4 Profit Falls 93% as Hapag-Lloyd Deal Freezes 2026 Outlook

ZIM Integrated Shipping reported fourth-quarter net income of $38 million, down sharply from $563 million a year earlier, with revenue falling 32% to $1.48 billion. The company declared a $0.88 dividend but withheld 2026 guidance due to its pending $4.2 billion sale to Hapag-Lloyd. Average freight rates dropped 29% and carried volume slid 9%. Shares rose 1.8% to $28.32 in New York trading.
March 9, 2026
Strait of Hormuz shock: Oil and shipping costs surge as Iran warns ships could be set ablaze
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Strait of Hormuz shock: Oil and shipping costs surge as Iran warns ships could be set ablaze

Oil and gas prices surged as the Strait of Hormuz stayed closed for a fourth day following Iranian attacks, stranding tankers and driving freight rates to records. Marine insurers canceled war-risk cover, and Qatar halted LNG output after drone strikes, tightening global supplies. India and China sought alternatives as container lines suspended Middle East bookings. Brent crude jumped 7.8% to $83.79 a barrel.
March 3, 2026
Tidewater stock jumps before U.S. open after $500 million Brazil vessel deal
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Tidewater stock jumps before U.S. open after $500 million Brazil vessel deal

Tidewater shares rose 7.6% to $78.91 in extended trading after it agreed to buy Brazil’s Wilson Sons Ultratug Offshore and Atlantic Offshore Services for about $500 million, including debt. The deal adds 22 platform supply vessels and $441 million in contracted backlog. Tidewater expects $220 million in revenue from the acquired business in the first year. Investors await Brazil antitrust and lender approvals before a late-Q2 close.
February 24, 2026

Stock Market Today

  • LSE Student Union Ends Case Against Israel Society Over Pro-IDF Merchandise
    May 26, 2026, 11:33 AM EDT. London School of Economics (LSE) Student Union has dropped its case against the Israel Society concerning pro-Israel Defence Forces (IDF) merchandise. Student leaders acted after receiving legal advice confirming that support for the IDF falls under free speech protections. The decision highlights ongoing tensions on university campuses around political expression and student activism. The case underscores legal nuances in balancing free speech with community standards in academic settings.