Diana Shipping Genco offer rejected as undervalued
Kiyaan Singh
Diana Shipping has launched a $4.2 billion tender offer for Genco Shipping & Trading at $23.50 per share in cash. The Diana Shipping Genco bid expires on 2 June 2026…
Infrastructure Upgrade Launched at VOC Port Tuticorin
The Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal, has inaugurated and laid the foundation for more than ₹1,500 crore worth of projects at the V.O. Chidambaranar (VOC)…
CONCOR and Vizhinjam Port Sign MoU for New Container Freight Station
Container Corporation of India Ltd. (CONCOR) has officially partnered with Vizhinjam International Seaport Limited (VISL) to build a state of the art Container Freight Station (CFS) adjacent to Kerala’s deep…
T.S. Lines Joins CNC Line’s China-Thailand NT8 Service
T.S. Lines is expanding its Southeast Asia footprint by joining the China Thailand NT8 service, currently operated by CMA CGM subsidiary CNC Line. Starting next month, T.S. Lines will deploy…
ZIM revises Levant Black Sea Express service rotation
ZIM has announced significant changes to its Levant Black Sea Express (LBX) service. The carrier is actively adjusting both the frequency and port rotation of this regional route to better…
Luka Koper posts record 1.27 Million TEU and 44% Profit Surge
Slovenia’s Luka Koper Group successfully navigated global economic challenges to post strong financial and operational results in 2025. The port’s financials saw substantial year-over-year gains across the board: While total…
Konecranes Launches ESP.4 Mobile Harbor Crane for Smaller Ports
Konecranes has expanded its Generation 6 lineup with the introduction of the Konecranes Gottwald ESP.4. As the newest and smallest addition to the mobile harbor crane family, the ESP.4 is…
AYK Energy Completes World’s Largest Marine Battery Retrofit on Wasaline Ferry
Marine battery manufacturer AYK Energy has completed the largest battery retrofit to date on the hybrid-electric Ro-Pax ferry Aurora Botnia. Operated by Finnish shipping line Wasaline, the vessel underwent the…
Sidra Line Launches New West Africa Service (WAF) to Guinea
Sidra Line is expanding its network with a new West Africa Service (WAF), scheduled to make its inaugural sailing later this month. This new route establishes a direct maritime connection…
India Launches $3 Billion Export Mission: 7 New Schemes for MSMEs
The Indian government has unveiled a comprehensive $3 billion export mission designed to empower Micro, Small, and Medium Enterprises (MSMEs). The initiative introduces seven targeted measures focusing on credit access,…
DHL Invests €2B in Cold Chain Airfreight for Healthcare Logistics
DHL Group is scaling up its dedicated Airfreight Cold Chain Network to strengthen its Life Sciences & Healthcare logistics operations. Backed by a €2 billion strategic investment in DHL Health…