Marine Shipping
55 companies across the library’s three pools, one row each. The columns are the line items this kind of business is read on; each header names its basis, and the margins and returns are medians over each company’s readable record — the through-cycle level, never one year’s print. Rows open largest first by latest-year revenue, and every column sorts both ways — the re-ordering is the reader’s own act, and a sorted view keeps its order in the address bar. The company stays in view as the columns scroll. A dash is a figure that could not be read; n/a is one that does not apply to that member; both sit at the back of a sorted column.
From the latest filings · data as of July 9, 2026.
As a group: median revenue $733M; median gross margin 37.7%; median operating margin 16.9%; median owner earnings $219M; median return on invested capital 5.1%; 12 of 50 hold net cash. Medians of this table’s own columns, over the members each applies to · data as of July 9, 2026.
| latest fiscal year, USD | median over the record | median over the record | op. cash − maintenance capex · latest FY, USD | after tax · median over the record | debt − cash & ST investments · latest FY, USD | ||||
|---|---|---|---|---|---|---|---|---|---|
| BIP | BROOKFIELD INFRASTRUCTURE PARTNERS L.P. | Marine Shipping | $23.1B | 27.2% | 24.1% | $1.9B | — | — | |
| BIPH | BROOKFIELD INFRASTRUCTURE PARTNERS L.P. | Marine Shipping | $23.1B | 27.2% | 24.1% | $1.9B | — | — | |
| BIPI | BROOKFIELD INFRASTRUCTURE PARTNERS L.P. | Marine Shipping | $23.1B | 27.2% | 24.1% | $1.9B | — | — | |
| BIPJ | BROOKFIELD INFRASTRUCTURE PARTNERS L.P. | Marine Shipping | $23.1B | 27.2% | 24.1% | $1.9B | — | — | |
| RCL | Royal Caribbean Cruises | Marine Shipping | $17.9B | 44.1% | 19.0% | $4.7B | 6.9% | $20.5B | |
| 9101 | Nippon Yusen (NYK) | Marine Shipping | $14.9B | 14.5% | 4.4% | $1.8B | 3.3% | $6.1B | |
| 9104 | Mitsui O.S.K. Lines | Marine Shipping | $11.2B | 10.4% | 3.1% | — | 1.8% | $14.0B | |
| NCLH | Norwegian Cruise Line Holdings Ltd. | Marine Shipping | $9.8B | 36.0% | 15.5% | $928M | 8.5% | $14.5B | |
| ZIM | ZIM Integrated Shipping Services Ltd. | Marine Shipping | $6.9B | 29.0% | 14.7% | $2.1B | — | — | |
| VIK | Viking Holdings Ltd | Marine Shipping | $6.5B | 39.5% | 17.3% | — | — | $1.3B | |
| 9107 | Kawasaki Kisen (K Line) | Marine Shipping | $6.3B | — | 0.9% | $1.1B | 1.0% | +$146M cash | |
| KEX | Kirby | Marine Shipping | $3.4B | — | 6.9% | $406M | 3.6% | $833M | |
| MATX | Matson | Marine Shipping | $3.3B | — | 11.1% | $380M | 10.1% | $219M | |
| FRO | Frontline Plc | Marine Shipping | $2.0B | — | 30.4% | $670M | 10.8% | $2.7B | |
| TDW | Tidewater Inc. | Marine Shipping | $1.4B | — | -17.8% | $353M | -6.3% | $371M | |
| NMM | Navios Maritime Partners LP Common | Marine Shipping | $1.3B | 94.4% | — | $322M | — | $706M | |
| TRMD | TORM plc | Marine Shipping | $1.3B | — | 26.6% | $284M | 11.3% | $765M | |
| CMBT | CMB.TECH NV | Marine Shipping | $1.1B | — | 30.4% | $241M | 7.9% | $1.3B | |
| SBLK | Star Bulk Carriers Corp. | Marine Shipping | $1.0B | — | 13.1% | $212M | 10.0% | $273M | |
| DAC | Danaos Corporation | Marine Shipping | $1.0B | — | 45.0% | — | 7.4% | +$2M cash | |
| TNK | Teekay Tankers Ltd. | Marine Shipping | $952M | 66.5% | 16.0% | $219M | 10.7% | +$831M cash | |
| TK | Teekay Corporation Ltd. | Marine Shipping | $950M | 66.8% | 9.5% | $112M | — | +$1.1B cash | |
| STNG | Scorpio Tankers Inc. | Marine Shipping | $938M | — | 18.5% | $311M | 3.7% | +$152M cash | |
| CMRE | COSTAMARE INC. | Marine Shipping | $878M | — | 36.2% | — | 6.7% | $976M | |
| INSW | International Seaways Inc. Common Stock | Marine Shipping | $843M | — | 9.5% | $379M | 2.7% | $400M | |
| TEN | Tsakos Energy Navigation Ltd | Marine Shipping | $799M | — | 15.0% | $128M | 2.4% | $1.5B | |
| GSL | Global Ship Lease Inc New Class A | Marine Shipping | $766M | — | 42.7% | $521M | 9.6% | $415M | |
| SFL | SFL Corporation Ltd | Marine Shipping | $733M | — | 31.9% | — | 4.8% | $2.4B | |
| CDLR | Cadeler A/S | Marine Shipping | $710M | 50.1% | 27.9% | $447M | 3.9% | $1.5B | |
| PANL | Pangaea Logistics Solutions Ltd. | Marine Shipping | $632M | — | 6.5% | $49M | 9.9% | $147M | |
| CMDB | Costamare Bulkers Holdings Limited | Marine Shipping | $597M | — | — | — | — | +$56M cash | |
| NVGS | NAVIGATOR HOLDINGS LTD. | Marine Shipping | $587M | — | 13.4% | $117M | 5.0% | $493M | |
| DHT | DHT Holdings Inc. | Marine Shipping | $498M | — | 26.0% | $277M | 8.6% | $310M | |
| LPG | Dorian LPG Ltd. | Marine Shipping | $482M | — | 33.7% | $177M | 6.3% | $218M | |
| GLNG | Golar Lng Ltd | Marine Shipping | $394M | — | 23.4% | — | 2.1% | $1.6B | |
| ECO | Okeanis Eco Tankers Corp. | Marine Shipping | $392M | — | 41.4% | — | 13.4% | $354M | |
| KNOP | KNOT Offshore Partners LP Common | Marine Shipping | $364M | — | 27.3% | — | — | $866M | |
| FLNG | FLEX LNG Ltd. | Marine Shipping | $348M | — | 50.6% | $141M | 8.3% | $1.4B | |
| GNK | Genco Shipping & Trading Limited | Marine Shipping | $342M | — | -2.5% | $29M | -0.4% | $1.4B | |
| ASC | Ardmore Shipping Corporation | Marine Shipping | $324M | — | 5.6% | — | 6.2% | $49M | |
| NAT | Nordic American Tankers Limited | Marine Shipping | $292M | 55.3% | 12.3% | ($115M) | 5.3% | $378M | |
| ESEA | EUROSEAS LTD. | Marine Shipping | $228M | — | 17.4% | $138M | 8.1% | $40M | |
| HTCO | High-Trend International Group | Marine Shipping | $214M | 3.2% | -7.3% | $5M | — | +$9M cash | |
| DSX | Diana Shipping inc. | Marine Shipping | $214M | 93.9% | 16.9% | $18M | 2.9% | $448M | |
| GASS | StealthGas Inc. | Marine Shipping | $173M | — | 15.0% | $85M | 2.0% | +$126M cash | |
| IMPP | Imperial Petroleum Inc. | Marine Shipping | $161M | — | 24.8% | $79M | 6.0% | +$6M cash | |
| IMPPP | Imperial Petroleum Inc./Marshall Islands | Marine Shipping | $161M | — | 24.8% | $79M | 6.0% | +$6M cash | |
| SHIP | Seanergy Maritime Holdings Corp. | Marine Shipping | $158M | — | 13.4% | $28M | 5.1% | $242M | |
| HSHP | Himalaya Shipping Ltd. | Marine Shipping | $132M | 78.8% | 51.7% | — | 2.6% | $657M | |
| HMR | Heidmar Maritime Holdings Corp. | Marine Shipping | $56M | — | 14.1% | $7M | — | +$19M cash | |
| GLBS | Globus Maritime Limited | Marine Shipping | $44M | — | -8.3% | $11M | -2.7% | $25M | |
| PXS | Pyxis Tankers Inc. | Marine Shipping | $39M | — | -8.9% | $6M | -1.9% | $34M | |
| SB | SAFE BULKERS, INC. | Marine Shipping | $39M | — | — | — | 4.4% | $402M | |
| TORO | Toro Corp. | Marine Shipping | $21M | — | -2.5% | ($45M) | -0.5% | +$87M cash | |
| USEA | United Maritime Corporation | Marine Shipping | $5M | — | — | $2M | 2.9% | $34M |
Every figure is recomputed from the company’s own SEC or EDINET filings, the same way as on its page; the columns name facts, weigh nothing, and form no rank. Foreign filers are stated in US dollars at the dated reference rate (as of 2026-07-17) so each money column sorts on one basis; their own pages keep the records as filed. A foreign filer whose conversion terms are missing shows its money as filed and sorts to the back of the column — never a guessed conversion. Ratios and margins are currency-free.