Maritime, Commodities & Energy, Capital Link

Capital Link

Maritime, Commodities & Energy

Capital Link is a strategic advisory, investor relations and financial communications firm focusing on the maritime, energy and commodities sectors, Closed-End Funds & ETFs and emerging markets (Greece).

Thematic (Sector/Industry)

<ul>
<li>This report provides an overview of shipping stock performance relative to broader equity markets and major commodity indices, featuring the Capital Link Shipping Indices as sector-specific benchmarks for tracking trends and comparing performance across key shipping segments.</li>
<li>It also highlights weekly trading activity, identifying the most actively traded stocks by volume and shares traded.</li>
<li>Available in slide and video formats, the segment can be accessed through Capital Link’s YouTube, LinkedIn, other social media channels, and website. </li>
</ul>


This report provides an overview of shipping stock performance relative to broader equity markets and major commodity indices, featuring the Capital Link Shipping Indices as sector-specific benchmarks for tracking trends and comparing performance across key shipping segments.
It also highlights weekly trading activity, identifying the most actively traded stocks by volume and shares traded.
Available in slide and video formats, the segment can be accessed through Capital Link’s YouTube, LinkedIn, other social media channels, and website. 


Capital Link Shipping’s Weekly Stock Market Update - Week Ending October 9, 2026

Equity Bottom-Up

Tsakos Energy Navigation / Equity Bottom-Up

Tsakos Energy Navigation Ltd. owns and operates a fleet of tankers. The Company offers VLCC, suezmax, aframax, panamax, and handymax tankers suitable for transporting crude oil, refined petroleum products, and other liquids. Tsakos Energy Navigation serves clients worldwide

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<li>TEN Ltd. (NYSE: TEN) reported record first-half financial results for the period ended June 30, 2026, on September 10, 2026, with gross revenue, net income and adjusted EBITDA all surpassing year-earlier levels.</li>
<li>The fleet generated record gross revenues of $551.4 million, an increase of $161.0 million from the first half of 2025.</li>
<li>Net income reached $228.1 million, which includes $38 million in capital gains, equivalent to $7.12 per share against $1.70 a year earlier, an increase of 318%.</li>
</ul>


TEN Ltd. (NYSE: TEN) reported record first-half financial results for the period ended June 30, 2026, on September 10, 2026, with gross revenue, net income and adjusted EBITDA all surpassing year-earlier levels.
The fleet generated record gross revenues of $551.4 million, an increase of $161.0 million from the first half of 2025.
Net income reached $228.1 million, which includes $38 million in capital gains, equivalent to $7.12 per share against $1.70 a year earlier, an increase of 318%.


TEN Reports Record First-Half 2026 Financial Results as Second-Quarter Net Income Surges

Heidmar Maritime Holdings Corp. operates as a holding company. The Company, through its subsidiary, provides maritime commercial and pool management business services for crude oil, refined petroleum products, and dry bulk shipping sectors. Heidmar Maritime serves customers worldwide.

<ul>
<li>In this episode of Capital Link's Trending News Webinar, Mr. Pankaj Khanna, CEO of Heidmar Maritime Holdings (NASDAQ: HMR), joins Nicolas Bornozis, President of Capital Link, to discuss Heidmar’s Q2 performance, growth strategy and market outlook.</li>
<li>Watch the full discussion: https://www.youtube.com/watch?v=Jz6YE8IOQhY Heidmar’s second-quarter results marked the point at which the growth strategy began to translate into meaningful financial performance.</li>
<li>Revenue increased 58% sequentially and just over 200% year-over-year, confirming management’s view that the platform had reached a stage where it could begin to scale.</li>
</ul>


In this episode of Capital Link's Trending News Webinar, Mr. Pankaj Khanna, CEO of Heidmar Maritime Holdings (NASDAQ: HMR), joins Nicolas Bornozis, President of Capital Link, to discuss Heidmar’s Q2 performance, growth strategy and market outlook.
Watch the full discussion: https://www.youtube.com/watch?v=Jz6YE8IOQhY Heidmar’s second-quarter results marked the point at which the growth strategy began to translate into meaningful financial performance.
Revenue increased 58% sequentially and just over 200% year-over-year, confirming management’s view that the platform had reached a stage where it could begin to scale.


HEIDMAR - Scaling for Growth: Capitalizing on Favorable Market

Global Ship Lease, Inc. owns and operates as a container shipping company. The Company focuses on fleet of mid-sized and smaller containerships, as well as technical and commercial management, leasing, and chartering out under fixed-rates to top tier container liner companies. Global Ship Lease serves clients worldwide.

<ul><li>In this episode of Capital Link’s Trending News Podcast, Thomas Lister, CEO of Global Ship Lease (NYSE:GSL), joins Capital Link President Nicolas Bornozis, to discuss the company's first-half 2026 results, fleet renewal strategy, and container sector outlook.</li><li> Mr. Lister highlighted GSL's strong financial performance, with net income of over $180 million and a dividend yield of around 6%.</li><li>He detailed the company's 15-ship new building program, emphasizing the strategic focus on mid-size, wide-beam, ultra-high reefer container ships due to their operational flexibility and the aging global fleet in this segment.</li></ul>

In this episode of Capital Link’s Trending News Podcast, Thomas Lister, CEO of Global Ship Lease (NYSE:GSL), joins Capital Link President Nicolas Bornozis, to discuss the company's first-half 2026 results, fleet renewal strategy, and container sector outlook. Mr. Lister highlighted GSL's strong financial performance, with net income of over $180 million and a dividend yield of around 6%.He detailed the company's 15-ship new building program, emphasizing the strategic focus on mid-size, wide-beam, ultra-high reefer container ships due to their operational flexibility and the aging global fleet in this segment.

Global Ship Lease: First-Half Revenue, Strong Margins and 15 New Ships on Order

Star Bulk Carriers Corp. is a holding company, which engages in the marine transportation of dry bulk vessels. It ships iron ore, coal, grain, bauxite, fertilizers, and steel products. The company was founded by Petros Alexandros Pappas on December 13, 2006 and is headquartered in Athens, Greece.

<ul><li>August 18, 2026 - Star Bulk Carriers Corp. (NASDAQ: SBLK) is moving forward with its fleet-renewal program while maintaining a capital-allocation approach that balances dividends, debt reduction, potential share repurchases and future vessel investments.</li><li>In a recent interview with Nicolas Bornozis, President of Capital Link, Star Bulk President Hamish Norton discussed the company's recent performance, the termination of a planned 16-vessel transaction, operational-efficiency initiatives and management's outlook for dry-bulk demand and vessel supply.</li><li> Related materials: Capital Link webinar replay https://youtu.be/6VDFHQ_ItlQ Second Quarter 2026 Earnings Release https://www.starbulk.com/media/uploads_file/2026/08/05/p1jv9pap521j03bs21c7oivt1l669.pdf Second Quarter 2026 Earnings Presentation https://www.starbulk.com/media/uploads_file/2026/08/05/p1jv9rbf13il31h1vjam1evc30h4.pdf Second Quarter 2026 Earnings Webcast https://starbulk.irwebpage.com/webcast/2026_2Q_Financial_Results.html Recent Performance and Operating Platform Star Bulk reported its strongest quarterly results since the second quarter of 2022, supported by higher charter rates across dry-bulk vessel classes.</li></ul>

August 18, 2026 - Star Bulk Carriers Corp. (NASDAQ: SBLK) is moving forward with its fleet-renewal program while maintaining a capital-allocation approach that balances dividends, debt reduction, potential share repurchases and future vessel investments.In a recent interview with Nicolas Bornozis, President of Capital Link, Star Bulk President Hamish Norton discussed the company's recent performance, the termination of a planned 16-vessel transaction, operational-efficiency initiatives and management's outlook for dry-bulk demand and vessel supply. Related materials: Capital Link webinar replay https://youtu.be/6VDFHQ_ItlQ Second Quarter 2026 Earnings Release https://www.starbulk.com/media/uploads_file/2026/08/05/p1jv9pap521j03bs21c7oivt1l669.pdf Second Quarter 2026 Earnings Presentation https://www.starbulk.com/media/uploads_file/2026/08/05/p1jv9rbf13il31h1vjam1evc30h4.pdf Second Quarter 2026 Earnings Webcast https://starbulk.irwebpage.com/webcast/2026_2Q_Financial_Results.html Recent Performance and Operating Platform Star Bulk reported its strongest quarterly results since the second quarter of 2022, supported by higher charter rates across dry-bulk vessel classes.

Star Bulk Discusses Capital Allocation, Fleet Renewal and the Dry-Bulk Market Outlook