Greek-owned shipping companies show strong performance on Wall Street

The Greek-owned listed shipping companies announced revenues exceeding 4.17 cardinal dollars successful the archetypal fractional of the year and nett profits much than 1.8 billion, confirming the starring presumption of Greek shipping successful planetary markets.

Despite geopolitical uncertainty, accrued freight complaint volatility and caller biology requirements, astir companies remained profitable, with the motion being intelligibly affirmative for the sector.

On the 1 hand, the vigor transportation assemblage (LNG/LPG carriers and tankers) recorded awesome performances.

In contrast, containership companies did not travel the trend, reflecting the rearrangements successful planetary trade and the volatility of freight rates.

In bulk carriers, the traditional “asset” of Greek shipowners, stagnation prevailed – to a ample extent.
More specifically:
Star Bulk Carriers: The listed shipping company, owned by Petros Pappas, recorded revenues of 478 cardinal dollars, compared to 612.2 cardinal successful the corresponding play past year, while successful the 2nd quarter, revenues reached 247.4 million, from 352.8 cardinal a year ago. Star Bulk Carriers manages 145 bulk carriers, the company’s marketplace headdress is 2.20 cardinal and its endeavor value is 3.16 billion.

Costamare: Positive signs for the institution of shipowner Kostis Konstantakopoulos, which closed the archetypal fractional of 2025 with strong profitability, caller orders, but besides the spin-off of the bulk bearer assemblage into a caller company. The NYSE-listed shipping institution accrued some its profitability and its revenues. Specifically, successful the archetypal fractional of the year it posted revenues of 428 million, while signaling profits of 218 million. Its fleet consists of 68 containerships, while the capitalization reaches 1.50 cardinal and the endeavor value reaches 2.6 billion.

Costamare Bulkers: Meanwhile, successful the archetypal fractional of the year the spin-off (308 cardinal marketplace headdress and 547 cardinal endeavor value) posted nett revenues of 32.3 cardinal and a nett nonaccomplishment of 26.5 million. The institution has a fleet of 37 privately owned adust cargo ships and the level (CBI) that manages an further 39 ships done charters.

Danaos Corp.: Regarding the institution of involvement of Dr. Ioannis Coustas, recorded revenues of 515.4 million, up from 499.7 cardinal a year ago. At the aforesaid time, the company’s profits amounted to 230.3 million. Danaos closed the half-year with 3.6 cardinal successful contracted revenues and its fleet includes 74 containerships and 10 capesize bulk carriers. The marketplace headdress amounts to 1.68 billion, while the value of operating activities is 1.79 billion.

Navios Maritime Partners: The institution owned by Angeliki Frangou has built very strong fiscal foundations, arsenic successful the archetypal fractional it shows revenues of 631.7 million, contracted revenues of 3.7 billion, while the value of the diversified fleet of 173 ships amounts to 6.1 billion. Net profits amounted to 112 million, while capitalization reached 1.4 billion.

Global Ship Lease: The shipping interests of George Giouroucos, which owns 71 containerships, besides presented strong results. Net nett successful the archetypal fractional accrued by 22.21% compared to the aforesaid play past year (214.1 cardinal dollars, compared to 175.1 cardinal dollars past year) and gross amounted to 382.8 cardinal dollars, up by 8% compared to 354.6 cardinal dollars successful the aforesaid play past year. Data for GSL shows that the marketplace headdress amounts to 1.14 cardinal dollars, while the value of operating activities is 1.47 cardinal dollars.

Tsakos Energy Navigation: The strong profitability trend continued for the company, interests of Nikos Tsakos. In the archetypal fractional of 2025, TEN reported revenues of 390.4 cardinal and nett profits of 64.5 million. The institution has a marketplace headdress of 690 cardinal and an endeavor value of 2.05 billion, while its fleet consists of 82 vessels and is moving a programme of 21 newbuildings.

Dorian LPG: A akin representation for the holding institution of Yannis Hatzipateras, which recorded nett profits of 10.1 cardinal dollars. Revenues amounted to 84.2 million. The company, with a capitalization of 1.33 cardinal and an endeavor value of 1.74 billion, has a fleet of 26 VLGCs, with a total carrying capableness of implicit 2 cardinal Cbm.

Diana Shipping: The holding institution of Semiramis Paliou announced affirmative fiscal results, confirming its instrumentality to profitability, contempt the mean people of freight rates successful the bulker sector. At the half-year level, the institution reported nett profits of 7.5 million, while revenues amounted to 109.6 million. Capitalization amounts to 205 cardinal and endeavor value to 541 million.

Safe Bulkers: Despite the pressures and aggravated geopolitical instability that dominates planetary markets, the institution maintained its profitability during the archetypal fractional of 2025. Revenue amounted to 130.1 million, while for the aforesaid play profits amounted to 8.9 million. The listed company, owned by Polly V. Hatzioannou has a marketplace headdress of 471 cardinal and an endeavor value of 906 million.

Capital Clean Energy Carriers Corp.: With a strong maturation complaint and a immense leap of
250% successful profits, the archetypal fractional of 2025 for the company, interests of Vangelis Marinakis. During the archetypal half, CCEC’s revenues amounted to 213.5 cardinal (an summation of 34.9%). For the aforesaid period, its profits amounted to 62.7 cardinal from 17.9 cardinal successful 2024 (+249.9%). At the aforesaid time, the company’s marketplace headdress amounts to 1.30 billion, while the value of operating activities amounts to 3.51 billion.

Dynagas LNG Partners: Regarding the shipping institution (owned by George Prokopiou), which manages six LNG carriers, a nett of 27.3 cardinal was recorded astatine a six-month level, while gross during the aforesaid play amounted to 77.7 million. At the aforesaid time, the capitalization amounts to 132 cardinal and the endeavor value to 353 million.

EuroDry: Aristidis Pittas’ institution listed connected the American fiscal marketplace recorded nett income of 20.5 cardinal (-35.7%), with a nonaccomplishment attributable to shareholders of 6.8 million. The diminution – according to the institution – is chiefly owed to little freight rates. EuroDry controls 12 bulk carriers, while it has a marketplace headdress of 34.7 cardinal and an endeavor value of 130 million.

Euroseas: In contrast, against a backdrop of a containership marketplace that is moving astatine precocious levels and peculiarly favors the feeder vessel segment, Euroseas – besides owned by A. Pittas – announced nett revenues of 113.6 million, nett profits of 66.8 million, while the marketplace headdress of
Euroseas amounts to 435 cardinal and the value of operating activities to 562 million.

Euroholdings: The Nasdaq-listed institution recorded nett income of 5.8 cardinal successful the archetypal fractional of the year and nett net of 11.9 million. Chairman and CEO is Aristides Pittas, while the bulk stake successful the institution was acquired by Marla Investments, owned by Marianna Latsis’ family. The Euroseas spinoff has a marketplace headdress of 20.3 cardinal and an endeavor value of 22.1 million.

Globus Maritime Limited: With gross of 18.2 cardinal successful the archetypal fractional of the year and net earlier interest, taxes, depreciation and amortization of 5.2 million, the listed company, owned by the Fidakis family, continues to spot affirmative prospects successful the adust cargo market. The institution operates a fleet of 9 bulk carriers, has a marketplace capitalization of 23 cardinal and an endeavor value of 106 million.

C3is: Total gross of 180 cardinal and nett net of 62 cardinal successful the archetypal fractional of 2025 marque up the representation of the three US-listed shipping companies of Haris Vafias. Net nett stood astatine 2.6 million, gross astatine 19.4 cardinal and net per stock astatine 0.52 (2.32 cardinal marketplace headdress and 109 cardinal endeavor value).

Imperial Petroleum: At the aforesaid time, the revenues of the institution of Haris Vafias amounted to
68.4 cardinal dollars while nett profits totaled 24.1 cardinal dollars (174 cardinal dollars successful marketplace headdress and -37 cardinal dollars successful endeavor value).

StealthGas: Finally, the shipping institution besides of Haris Vafias recorded nett profits of
34.5 cardinal dollars compared to 43.5 cardinal dollars successful 2024, with revenues amounting to 89.3 cardinal dollars (250 cardinal dollars successful marketplace headdress and 196 cardinal dollars successful endeavor value).

OceanPal: The institution of the Palios family, which manages a fleet of 5 bulk carriers, showed revenues of 6.2 cardinal dollars and a nett nonaccomplishment of 10.4 cardinal dollars successful the half-year. The institution presently has a marketplace capitalization of 8.6 cardinal and an endeavor value of -17.1 million.

Okeanis Eco Tankers: On its part, the shipping institution of the Alafouzos Group continued its profitable path. For the archetypal fractional of the year, the institution recorded revenues of 174.1 cardinal and profits of 39.4 million. The institution has a marketplace capitalization of 950 cardinal and an endeavor value of 1.52 billion.

Performance Shipping: With profits of 38.5 cardinal successful the fractional and revenues of 60 million, the company, owned by Aliki Palios, continues to amusement strong performance. Performance controls a total of 7 tankers, while it has a marketplace capitalization of 24.4 cardinal and an endeavor value of -28.6 million.

Pyxis Tankers: The shipping institution owned by Valentios Valentis, which manages 4 ships (three tankers and 1 bulk carrier), had nett income of 18.7 cardinal and a nett nonaccomplishment of 1.3 cardinal successful the archetypal fractional of the year. The listed institution records a capitalization of 30 cardinal dolalrs and an endeavor value of 70 million.

Seanergy Maritime: The institution owned by Stamatis Tsantanis has a marketplace headdress of 182 million, while the value of operating activities amounts to 465 million. The institution recorded nett income of 61.7 million, while a nett nonaccomplishment of 4 cardinal was recorded successful the archetypal fractional of the year. The company’s fleet consists of 21 capesize bulk carriers.

United Maritime Corporation: The shipping company, besides owned by Stamatis Tsantanis, recorded nett income of 20.2 million. Net losses and adjusted nett losses for the archetypal fractional were 3.5 cardinal and 4.2 million, respectively. The institution operates a fleet of 7 bulk carriers, has a marketplace capitalization of 16 cardinal and an endeavor value of 96 million.

Icon Energy: The nett income of the institution owned by Isminis Panagiotidis stood astatine 3.5 cardinal successful the archetypal half, while a nett nonaccomplishment of 3.6 cardinal was recorded successful the aforesaid period. The institution has two cargo ships, a marketplace capitalization of 4.5 cardinal and an endeavor value of 37 million.

Toro Corp.: The Nasdaq-listed company, owned by Petros Panagiotidis, reported gross of 5.5 cardinal and profits of 1.4 cardinal successful the archetypal 4th (it has not yet published half-year results). Toro has a marketplace headdress of 62 cardinal and an endeavor value of 31 million.

Castor Maritime: Similarly, the company, besides owned by Petros Panagiotidis, has not published half-year results. In the archetypal quarter, the institution recorded revenues of 11.3 cardinal and a nonaccomplishment of 22.3 million. Castor, which manages 13 ships, 11 bulk carriers and two containerships, has a marketplace headdress of 20 cardinal dollars and an endeavor value of 17 million.

Top Ships: Regarding the shipping institution that controls a fleet of 8 tankers (capitalization of 28 cardinal and endeavor value of 286 million), the results subordinate to 2024. The nett profits of the company, owned by Evangelos Pistiolis, decreased to 5.03 cardinal past year, from 6.06 cardinal successful 2023, while revenues accrued to 86.12 million.

Finally, it is noted that Robin Energy and Rubico were precocious listed connected the US stock speech and person not announced fiscal results.