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 Industry Update Marshall Islands.

Genco Shipping & Trading Announces Appointment of John C. Wobensmith as Chairman and Kathleen C. Haines as Lead Independent Director
NEW YORK, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that James G....

CONSUMER ALERT: Attorney General’s Office issues “Know Your Rights” flyers in 12 languages about Washington’s law limiting rent increases
SEATTLE – With a new state law limiting rent increases now in effect, the Attorney General’s Office is informing tenants of their rights and how to file a complaint if they receive an unlawful rent hike. The “Know Your Rights” flyer is available...

Euroseas Ltd. Announces Order for the Construction of Two Additional 4,300 TEU Containerships
ATHENS, Greece, Aug. 25, 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 that...

Genco Shipping & Trading Limited Announces Q2 2025 Financial Results
Declares Dividend of $0.15 per share for Q2 2025 Represents Genco’s 24th Consecutive Quarterly Dividend Announces Acquisition of High-Specification Capesize Vessel NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited...
President Lai and President Hilda C. Heine of Marshall Islands hold bilateral talks and witness signing of agreements
TAIWAN, June 3 - Details 2025-06-03 President Lai welcomes President Hilda C. Heine of Republic of the Marshall Islands with military honors President Lai Ching-te welcomed President Hilda C. Heine of the Republic of the Marshall Islands and her...

President Lai confers decoration on President Hilda C. Heine of Republic of the Marshall Islands, hosts state banquet
TAIWAN, June 3 - Details 2025-06-03 President Lai and President Hilda C. Heine of Marshall Islands hold bilateral talks and witness signing of agreements On the morning of June 3, President Lai Ching-te, accompanied by Vice President Bi-khim...
President Lai welcomes President Hilda C. Heine of Republic of the Marshall Islands with military honors
TAIWAN, June 3 - Details 2025-05-29 President Lai attends 2025 Europe Day Dinner On the evening of May 29, President Lai Ching-te attended the 2025 Europe Day Dinner. In remarks, President Lai stated that Taiwan looks forward to further...
Toro Corp. Announces the Sale of the LPG Carrier Dream Terrax
LIMASSOL, Cyprus, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation services provider, announces that it has entered into an agreement with a wholly owned subsidiary of Robin...

REMINDER: Dry Bulk Shipping Industry Leaders Presenting at Capital Link’s 19th Annual International Shipping Forum - Monday, March 31, 2025, New York City
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- Senior executives from leading Dry Bulk shipping companies will participate in panels and presentations at the 19th Annual Capital Link International Shipping Forum on Monday, March 31, 2025, at the...

REMINDER: Gas & Tankers Shipping Industry Leaders Presenting at Capital Link’s 19th Annual International Shipping Forum - Monday, March 31, 2025, New York City
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- Senior executives from leading Gas & Tankers shipping companies will participate in panels and presentations at the 19th Annual Capital Link International Shipping Forum on Monday, March 31, 2025, at...

President Hilda Heine of the Marshall Islands Joins GCA Advisory Board
Rotterdam, March 12, 2025 (GLOBE NEWSWIRE) -- The Global Center on Adaptation (GCA) today announced that H.E. Dr. Hilda Heine, President of the Republic of the Marshall Islands, has joined its Advisory Board. President Heine, widely respected as a...

Visitor Industry Grows Again in April 2025
Posted on May 29, 2025 in News For Immediate Release: May 29, 2025 HONOLULU—According to preliminary statistics from the Department of Business, Economic Development and Tourism (DBEDT), total visitor arrivals and total visitor spending in April...
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...

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...

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...

Visitor Industry Expanded in March 2025
Posted on Apr 30, 2025 in News For Immediate Release: April 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 March...

Global Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares
ATHENS, Greece, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership owner and lessor, announced today that the Company’s Board of Directors has declared a cash dividend of $0.546875 per depositary...

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...

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,...

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,...