
Diana Shipping Escalates Genco Takeover Bid After Rejection
Diana Shipping is escalating its campaign to acquire Genco Shipping & Trading, appealing directly to shareholders.
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Diana Shipping is escalating its campaign to acquire Genco Shipping & Trading, appealing directly to shareholders.

Ground handlers warn that new airport community systems could add complexity instead of simplifying operations

Intra-Asia container rates have risen over 80% due to Middle East bottlenecks hindering vessel repositioning.
ATH Trading's 7,000 cbm bunker tanker, ATH Lemba, is back in operation along the Angolan coast after maintenance.

Kongsberg Maritime and DNV have partnered to enable secure exchange of operational vessel data between their digital platforms.

CMA CGM is introducing Peak Season Surcharges across multiple trade lanes, effective from June to July 2026

S&P Global has reduced Odyssey Logistics' debt rating due to a negative forecast for the upcoming year.
The first six-car train for Singapore's Cross Island Line has arrived, manufactured by CRRC Qingdao Sifang
The European Commission approved a €25 million Spanish aid scheme for fishing companies facing increased fuel prices due to the Middle…
Wallenius Wilhelmsen has promoted Carsten Wendt to VP of Industrial Sales EMEA, reinforcing its commitment to the breakbulk segment.

GTT will design cryogenic tanks for a new 174,000 cubic meter LNG carrier ordered by a European shipowner.

Masterbulk acquired SDC-Trans to boost its bulk transport capabilities, complementing its chemical bulk specialization

Sonardyne and AMOG have partnered to advance subsea monitoring for floating offshore wind and oil and gas assets
DNV's new white paper highlights shore power's shift from voluntary environmental action to a key regulatory compliance factor

Ukrainian Railways' CEO suggests a 45% freight tariff increase to bolster finances amid infrastructure damage

Spot freight rates and contract costs on transpacific and Asia-Europe trades have surged unexpectedly, surprising stakeholders.
MERC launched a new program combining research, pilot projects, and data management to reduce shipping emissions
Genco Shipping & Trading communicated with shareholders regarding its board's strategy for generating superior returns and enhancing value.
Shipping's biggest hurdle to decarbonization is the ability to deploy green fuels and technologies at scale, not their availability
Dalian iron ore futures declined, with port spot prices falling and overall market transactions remaining mediocre.
The UAE has become India's second-largest crude oil supplier in May, surpassing Saudi Arabia amidst Strait of Hormuz disruptions
BP expects a 4.7% rise in Tangguh LNG deliveries to Indonesia's domestic market, totaling 89 cargoes by 2026
Lloyd's Register expands digital services to help shipowners achieve integrated, commercially focused operating strategies and regulatory…
US crude oil inventories dropped sharply by 7.974 million barrels, surpassing forecasts and potentially impacting bunker fuel costs
New IACS cyber security rules for ships delivered after July 2024 raise concerns about operational resilience and cost management

A UK museum has started conserving and reassembling the last Bristol Freighter aircraft remaining in Europe, serial NZ5911

SolitAir has appointed OpenSky World as its cargo sales agent in Italy, expanding its global network
LPG/ethane carriers comprised the majority of 36 alternative-fuelled vessel orders placed in May

German steelmakers and logistics companies are raising alarms about the negative impact of extensive rail construction projects

The OPUS concept aims to industrialize offshore pile handling, reducing heavy-lift vessel dependence and optimizing installation cycles
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