Latest news with #shippingindustry
CNN
a day ago
- Business
- CNN
How cargo ships deliver made-in-China goods to your door
CNN's Kristie Lu Stout gets inside the trillion-dollar shipping industry to find out what it takes to get made-in-China goods to the US.
CNN
a day ago
- Business
- CNN
How cargo ships deliver made-in-China goods to your door
CNN's Kristie Lu Stout gets inside the trillion-dollar shipping industry to find out what it takes to get made-in-China goods to the US.
CNN
a day ago
- Business
- CNN
How cargo ships deliver made-in-China goods to your door
CNN's Kristie Lu Stout gets inside the trillion-dollar shipping industry to find out what it takes to get made-in-China goods to the US.
Yahoo
16-07-2025
- Business
- Yahoo
Genco Shipping & Trading (NYSE:GNK) Shareholders Will Want The ROCE Trajectory To Continue
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So when we looked at Genco Shipping & Trading (NYSE:GNK) and its trend of ROCE, we really liked what we saw. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. What Is Return On Capital Employed (ROCE)? For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Genco Shipping & Trading is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.045 = US$44m ÷ (US$1.0b - US$46m) (Based on the trailing twelve months to March 2025). Thus, Genco Shipping & Trading has an ROCE of 4.5%. In absolute terms, that's a low return and it also under-performs the Shipping industry average of 8.5%. Check out our latest analysis for Genco Shipping & Trading Above you can see how the current ROCE for Genco Shipping & Trading compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free analyst report for Genco Shipping & Trading . What The Trend Of ROCE Can Tell Us It's nice to see that ROCE is headed in the right direction, even if it is still relatively low. The data shows that returns on capital have increased by 10,432% over the trailing five years. That's a very favorable trend because this means that the company is earning more per dollar of capital that's being employed. Interestingly, the business may be becoming more efficient because it's applying 21% less capital than it was five years ago. If this trend continues, the business might be getting more efficient but it's shrinking in terms of total assets. In Conclusion... In summary, it's great to see that Genco Shipping & Trading has been able to turn things around and earn higher returns on lower amounts of capital. And a remarkable 237% total return over the last five years tells us that investors are expecting more good things to come in the future. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence. Since virtually every company faces some risks, it's worth knowing what they are, and we've spotted 2 warning signs for Genco Shipping & Trading (of which 1 is potentially serious!) that you should know about. If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
16-07-2025
- Business
- Zawya
Autonomous ships to be reality long before industry is ready, says expert
For years, shipping's relationship with autonomy has been one of cautious optimism, mixed with deep scepticism. We've talked about autonomous ships as if they were distant sci-fi, something for the 2040s – after the technology matures, after the IMO agrees on every word of the autonomy rulebook, after shipowners cautiously test the waters with small-scale pilots... This mindset is dangerously outdated, according to Yarden Gross, the Orca AI CEO and Co-founder. The reality is this: autonomous ships are not coming – they're already here. The first generation of AI-powered autonomous capabilities is already operational on commercial vessels today. Classification societies are certifying autonomous operational support systems. Regulators, rather than holding the industry back, are actively asking operators and technology developers to push faster, provide real-world evidence and help draft regulations on the fly, stated Gross. The safe, comfortable consensus – that autonomy is a distant future – is no longer fit for purpose. Ships will sail autonomously long before the industry feels ready. And that's exactly what needs to happen if shipping wants to remain competitive, safe and sustainable in a world that expects faster results than ever before, he added. The industry's biggest myth This is it: 'We'll wait until it's perfect.' One of the most dangerous assumptions in the maritime tech community is that autonomy will arrive fully formed, tied up in a neat regulatory package and only when every risk has been meticulously solved. That's not how technological revolutions work. And it's certainly not how autonomy will take hold in shipping, stated Gross. Autonomy will not arrive because the IMO declares it so. It will force its way in, driven by the real-world economics of crew shortages, safety demands and tigthtening emissions targets that no human-operated fleet can meet at scale, he added. Autonomy is already financially viable. The first incremental systems – like digital watchkeeping and AI-powered collision avoidance – are onboard today, reducing fatigue, improving safety and providing immediate ROI. I acknowledge the technology isn't perfect – but waiting for perfection in an industry built on tight margins and relentless schedules is simply unrealistic. That is nothing new in shipping! Autonomy already outpacing regulators We all love to complain that regulation is the great bottleneck. The truth is that the regulatory process can't keep up with technology anymore — and it shouldn't even try, observed Gross. He pointed out that autonomous systems were improving with every single voyage, feeding real-time operational data back into smarter algorithms. Meanwhile, the IMO is still debating voluntary guidelines, and the full MASS code won't be mandatory until 2032. If shipping waits for regulatory certainty, it will hand over the future to technology-first disruptors who are willing to move faster. Autonomy is becoming a competitive differentiator, and waiting for global consensus is a luxury that agile players simply won't entertain, he stated. Let's face a hard truth: the status quo is unsafe. Fatigued crews, complex navigation environments and over-reliance on human lookouts combined with aging fleets operating with outdated technology – this is not a system worth defending. Autonomous systems don't need to achieve some fictional benchmark of flawless performance. They only need to outperform human crews in specific scenarios on their worst day – and that is a low bar in today's risk-laden shipping environment. We've already reached the point where AI-enhanced watchkeeping is demonstrably safer and more reliable than a distracted, sleep-deprived OOW or in extreme weather and low visibility conditions. Why would we wait to deploy technology that can save lives and prevent accidents today? Hybrid intelligence - the real future The obsession with 'fully unmanned ships' has also been a distraction. The real future is hybrid intelligence - human and AI systems working together, each doing what they do best. Humans bring creativity, flexibility and ethical judgment. AI brings tireless vigilance, data analysis at scale and real-time predictive insights. The phased approach – where ships dynamically shift between different levels of autonomy based on context – is the real revolution, and it's happening already. Ships today are gathering data, learning from every near-miss and self-improving at fleet scale. If there's one message the industry needs to hear, it's this: autonomy is not coming to replace seafarers – it's coming to complement them and to give a brighter future to our industry. I truly believe this. No young budding talents want to join an industry defined by exhaustion, isolation and outdated technology. Autonomy can transform shipping into a high-tech career, where seafarers become data analysts, systems supervisors and AI partners, rather than lookouts staring at the horizon for hours on end. Countries like Japan already see this — their MEGURI2040 initiative is using autonomy as a talent magnet to attract the next generation of digitally native seafarers. If we fail to follow that lead, shipping will not just lose the race for autonomy – it will lose an entire generation of enthusiastic youngsters. Is the industry ready for autonomous ships The safe conversation – that autonomy is decades away, and we'll adopt it when we're ready – is a lie shipping can no longer afford, said Gross. Autonomy is not waiting for consensus. It's happening now, driven by economic necessity, technological readiness and regulatory pragmatism. The ships equipped with autonomous capabilities today are not pilots or experiments – they are the early majority and they are already delivering value. The only real question is whether shipping's leaders will seize the advantage – or cling to a status quo that is already sinking beneath them.-TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
