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 Marshall Island Business Digest.

Euroseas Ltd. Announces Annual Meeting of Shareholders
ATHENS, Greece, July 02, 2025 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that its Board of Directors has...

Purdue Research Foundation and Archaeological Legacy Institute to embark on expedition to identify Amelia Earhart’s missing plane
WEST LAFAYETTE, Ind., July 02, 2025 (GLOBE NEWSWIRE) -- On the 88th anniversary of her mysterious disappearance, Purdue Research Foundation (PRF) and Archaeological Legacy Institute (ALI) announced a remarkable joint effort to locate Amelia...

Toro Corp. Announces Record Date for the Proposed Spin-Off of its Handysize Tanker Business
LIMASSOL, Cyprus, March 24, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”) an international energy transportation services company, announced today that, in relation to the previously announced spin-off of its wholly...

Explosion Hits Oil Tanker Off Libya
(MENAFN) A vessel transporting approximately one million barrels of crude oil has experienced an explosion off Libya’s shoreline. Although the detonation caused serious damage, there have been no reports of injuries or environmental contamination....

Navigator Gas Announces Preliminary Fourth Quarter and Financial Year 2024 Results (Unaudited)
LONDON, March 12, 2025 (GLOBE NEWSWIRE) -- Fourth Quarter Financial Highlights On March 12, 2025, the Board of Navigator Holdings Ltd. (NYSE: NVGS) (“Navigator Holdings,” "Navigator Gas," “our,” “we,” “us” or the “Company”) declared a cash...

United Maritime Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2024 and Declares Quarterly Cash Dividend of $0.01 Per Share
Highlights (in million USD, except LPS & EPS) Q4 2024 Q4 2023 12M 2024 12M 2023 Net Revenues $10.8 $11.6 $45.4 $36.1 Net (loss) / income ($1.8) ($0.7) ($3.4) $0.2 Adjusted net (loss) / income 1 ($0.7) ($0.6) ($1.2) $2.8 EBITDA1 $4.0 $4.4 $18.1...

President Lai meets President Hilda C. Heine of the Marshall Islands and her cabinet
TAIWAN, December 3 - President Lai meets President Hilda C. Heine of the Marshall Islands and her cabinet President Lai meets President Hilda C. Heine of the Marshall Islands and her cabinet On the afternoon of December 3 local time (morning of...

President Lai attends ribbon-cutting ceremony for Majuro Hospital AI and Telemedicine Center and visits Marshall Islands and Taiwan Technical Mission market
TAIWAN, December 3 - President Lai attends ribbon-cutting ceremony for Majuro Hospital AI and Telemedicine Center and visits Marshall Islands and Taiwan Technical Mission market President Lai attends ribbon-cutting ceremony for Majuro Hospital AI...

President Lai arrives in Republic of the Marshall Islands
TAIWAN, December 3 - President Lai arrives in Republic of the Marshall Islands President Lai Ching-te departed from Hawaii while en route for state visits to the Republic of the Marshall Islands, Tuvalu, and the Republic of Palau. After a...

President Lai addresses Nitijela of the Republic of the Marshall Islands
TAIWAN, December 3 - President Lai addresses Nitijela of the Republic of the Marshall Islands On the afternoon of December 3 local time (morning of December 3 Taipei time), President Lai Ching-te addressed the Nitijela (parliament) of the Republic...

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...

Visitor Arrivals and Expenditures Increased in May 2025
Posted on Jun 30, 2025 in News For Immediate Release: June 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 May...

United Maritime Announces the Date for the Fourth Quarter and Year Ended December 31, 2024, Financial Results, Conference Call and Webcast
Earnings Release: Tuesday, March 18, 2025, Before Market Open in New York Conference Call and Webcast: Tuesday, March 18, 2025, at 09:00 a.m. Eastern Time GLYFADA, Greece, March 13, 2025 (GLOBE NEWSWIRE) -- United Maritime Corporation (the...

President Lai to lead delegation on visit to the Marshall Islands, Tuvalu, and Palau
TAIWAN, November 22 - President Lai to lead delegation on visit to the Marshall Islands, Tuvalu, and Palau President Lai to lead delegation on visit to the Marshall Islands, Tuvalu, and Palau On the morning of November 22, the Presidential Office...

Euroholdings Ltd Reports Results for the Quarter Ended March 31, 2025 and Declares First Quarterly Common Stock Dividend Following Spin - Off
ATHENS, Greece, June 25, 2025 (GLOBE NEWSWIRE) -- Euroholdings Ltd (NASDAQ: EHLD, the “Company” or “Euroholdings”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced...

Seanergy Maritime Reports Record Full Year Profitability; Reports Fourth Quarter and Twelve Month Financial Results for the Periods Ended December 31, 2024; Declares Quarterly Cash Dividend of $0.10 Per Share
Highlights (in million USD, except EPS and TCE) Q4 2024 Q4 2023 12M 2024 12M 2023 YoY Growth (%) Net revenues $41.7 $39.4 $167.5 $110.2 +52% Net income $6.6 $10.8 $43.5 $2.3 Record Profitability Adjusted net income1 $7.1 $11.4 $48.8 $11.7 EBITDA1...

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,...

Toro Corp. Announces Proposed Spin-Off of its Handysize Tanker Business
LIMASSOL, Cyprus, March 01, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”) an international energy transportation services company, announces that its Board of Directors (the "Board"), has decided, on the...

Seanergy Maritime Announces the Date for the Fourth Quarter and Year Ended December 31, 2024, Financial Results, Conference Call and Webcast
Earnings Release: Thursday, March 6, 2025, Before Market Open in New York Conference Call and Webcast: Thursday, March 6, 2025, at 09:00 a.m. Eastern Time GLYFADA, Greece, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the...

Genco Shipping & Trading Limited Announces Q4 2024 Financial Results
Declares Dividend of $0.30 per share for Q4 2024 Represents Genco’s 22nd Consecutive Quarterly Dividend NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S....