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…
Samskip Sells UK and Ireland Freight Business to CLdN
Samskip has announced a strategic agreement to sell its UK and Ireland (UKI-trade) door-to-door and quay to quay cargo business to the short sea shipping and multimodal operator CLdN. The…
PepsiCo & ID Logistics Open New 56,000 sqm Hub in Dourges
PepsiCo and ID Logistics have officially opened a next-generation logistics platform in Dourges, located within the Delta 3 multimodal hub. Operational since October 2025, the facility now serves as PepsiCo…
Godby Shipping Orders Two Stream RoRo 1700 Vessels
Godby Shipping has confirmed an order for two new Stream RoRo 1700 vessels from CIMC Raffles in China, with options for two additional ships. The deal, finalized on February 11,…
MacGregor Wins Contract for 4 New BC Ferries Hybrid Vessels
MacGregor has secured a significant contract to supply cargo access solutions and deck machinery for four new major vessels under BC Ferries’ fleet renewal program. The order was booked in…
Mukran LNG Terminal Resumes Operations After Ice Blockage
Operations at Germany’s largest floating LNG import terminal at Mukran have restarted following a successful icebreaking campaign. Heavy sea ice in the Baltic Sea had blocked the approach channel for…
Peel Ports Digitises Permit to Work System for High-Risk Safety
Peel Ports Group has secured a spot on the shortlist for the prestigious TT Club Innovation in Safety Award. The recognition follows the successful rollout of a fully digital, in…
Chevron Signs Major Offshore Exploration Deal in Greece
Chevron has officially signed a large scale agreement for hydrocarbon exploration rights off the coast of Greece, marking a significant expansion of its Mediterranean portfolio. The deal, finalized on Monday,…
NCLH Orders 3 New Ships from Fincantieri: Deliveries Extended to 2037
Norwegian Cruise Line Holdings (NCLH) and Fincantieri have announced an agreement to add three new vessels to the group’s cruise ship orderbook. This strategic move extends the company’s delivery pipeline…
Australian Logistics M&A: Macquarie Buys Qube Holdings
Qube Holdings has officially agreed to be acquired by Macquarie Asset Management following nearly three months of negotiations. The deal implies an enterprise value of approximately A11.7billion(US8.3 billion) for Australia’s…
IceBattery Launches Zero-Diesel Cold Chain Tech in New Delhi
Japan-based Innovation Thru Energy (ITE), in collaboration with IceBattery India, has successfully launched its IceBattery Rail and Land Cold Chain Technology. The launch event took place at Bharat Mandapam, New…