Global Ship Lease Inc. has agreed to purchase 10 new mid-size, ultra-high-reefer containerships for about $917 million, with deliveries planned between late 2028 and early 2030. These vessels are designed for flexibility and efficiency to meet evolving market needs and will be chartered on multi-year contracts averaging 6.7 years. The company expects these new ships to generate approximately $665 million in Adjusted EBITDA over their charter terms, replacing older vessels and supporting long-term growth. This move is backed by a strong balance sheet and existing forward charter cover of $2.1 billion over 2.6 years, reinforcing the company's strategy to manage risk while capturing upside potential.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
