Genco Shipping Reviews Revised Acquisition Offer from Diana Shipping
Genco Shipping & Trading Limited is reviewing a revised acquisition proposal from Diana Shipping Inc to maximize shareholder value
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Genco Shipping & Trading Limited is reviewing a revised acquisition proposal from Diana Shipping Inc to maximize shareholder value
Japan's May trade deficit was less than forecast, fueled by strong export demand from the US and China.
War risk insurance costs for the Strait of Hormuz disproportionately impact oil product tankers more than crude carriers
Egypt's corn imports are projected to decrease this month due to oversupply, weak poultry feed demand, and falling domestic prices.
MOL received an award from Lloyd's Register for its Wind Challenger technology, advancing LNG carrier decarbonization efforts
Vessel traffic in the Strait of Hormuz remained low on Tuesday, despite a reported US-Iran agreement to reopen the waterway.
Wheat futures climbed to $6.0 per bushel, recovering from a two-month low as investors tracked Northern Hemisphere harvesting.

C.H. Robinson's new BidBoardX platform offers certified carriers direct access to committed freight opportunities with human oversight
BNSF Railway gained approval for a 4,500-acre inland transloading hub in Barstow, Southern California, for cargo transfers

US transportation pricing is rising due to shippers frontloading imports and carriers reducing capacity, affecting multiple modes

GXO Logistics joined Italy's Distretto Aerospaziale Piemonte to expand its European aerospace and defense logistics capabilities

JobMarineMan.com is launching a direct recruitment platform to connect seafarers with ship management companies.

USA Truck launched a military apprenticeship program to help service members transition into civilian transportation careers
FedEx partners with China Southern Air Logistics to enhance its network, focusing on US-Southeast Asia connections via Guangzhou.

APM Terminals Los Angeles has expanded its electric terminal tractor fleet, fully electrifying its on-dock rail drayage operations.

US railroads saw overall freight traffic increase, with intermodal volumes significantly outpacing carload growth.

The UAE is expanding eastern ports and investing in new infrastructure to reduce reliance on the Strait of Hormuz

A cargo theft incident forced Global Protection to overhaul its security protocols, emphasizing rigorous verification beyond standard…
Diana Shipping, Genco's largest shareholder, is urging votes for independent board members at the upcoming Annual Meeting
A 15,844 DWT bulk carrier, "JIN MING 68," will be auctioned online in July, originating from Ningbo
Deendayal Port Authority has implemented new standard operating procedures for dry bulk and breakbulk ship-to-ship transfers.
China's State Council released its 15th five-year employment strategy to stabilize the job market and prevent large-scale unemployment
G7 leaders pledged increased weapon deliveries to Ukraine and indicated readiness to tighten sanctions on Russia's energy sector

Iran is reportedly gearing up its fleet to increase oil exports and trade, coinciding with renewed oil flows from Gulf allies

J.B. Hunt expects the Supreme Court's ruling in *Montgomery v. Caribe Transport II* to boost dedicated trucking services

Mexican heavy-duty truck exports increased sharply in May, signaling improved momentum in the trucking industry

IATA warns that 2026 SAF production will meet less than 1% of jet fuel demand, risking aviation's net-zero goals.
The Port of Long Beach reports strong carrier interest in its $1 million methanol bunkering incentive for clean fuel adoption

Global air cargo rates saw a 41% year-on-year increase in May 2026, fueled by Middle East disruptions and strong AI demand.
Lloyd's Register has issued the first Type Approval Certificate for a 100% hydrogen-fuelled marine engine by BeHydro
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