TEN, Ltd. Reports First Quarter Revenues of $89 Million

TEN, Ltd. Reports First Quarter Revenues of $89 Million
During the first quarter of 2026, TEN generated gross revenues of $253.0 million and operating income of $110.0 million, compared to $197.1 million and $60.6 million during the 2025 first quarter, respectively, which included a gain of $3.5 million from vessel sales....
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Baltic Dry Index Falls to Over 2-Week Low

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, extended its decline into a fifth day on Thursday, falling about 1.4% to its lowest since May 5 at 2,964 points, pressured by the larger vessel segments. The...
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