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…
Carriers Restructure Myanmar Services: CNC, Cosco & RCL Updates
Container carriers are reshaping their coverage of Myanmar, introducing new rotations and adjusting vessel deployment across Southeast Asia. According to DynaLiners, these changes involve strategic shifts from CNC Line (CMA…
APMT & Eurogate Plan €1 Billion Bremerhaven Terminal Upgrade
APM Terminals (APMT) and Eurogate have entered advanced negotiations for a long-term partnership that includes a massive €1 billion ($1.19 billion) investment in the North Sea Terminal Bremerhaven (NTB). The…
HJSC Wins $245 M Order for Two 10,100-TEU Container Ships
HJ Shipbuilding & Construction (HJSC) has signed a KRW 353.2 billion($245 M) contract with a European shipowner to construct two 10,100-TEU eco-friendly container ships. The agreement also includes options for…
COSCO Launches CPV Service: Direct Yangpu to Seattle & Vancouver Route
COSCO Shipping Lines has officially inaugurated its CPV (China–Pacific–Vancouver) service, marking a major milestone in trade connectivity between Asia and North America. The service kicked off on January 23 with…
Caerus Shipping adds Beirut to its East Med Express service
Dubai-based Caerus Shipping FZCO has added a direct call to Beirut Port to its East Med Express (EXS) service. With the new addition, there will be a direct connection from…
India partners Alibaba.com—export program for startups despite past China bans
In late 2022, the Indian government placed a long-standing ban on Chinese consumer apps, citing national security. However, recent developments brought a new way in this respect. The Indian government…
Port of Riga Receives First US Aviation Fuel Shipment
The Port of Riga has received its first-ever shipment of aviation fuel from the United States, marking a significant shift in Latvia’s energy supply chain. Coinciding with the delivery, terminal…
CMA CGM Revamps North Europe – US East Coast Network
CMA CGM has announced a significant revamp of its Transatlantic network, specifically targeting routes between North Europe and North America. These changes, effective April 2026, are designed to improve coverage…
Maher Terminals Orders 30 Kalmar Hybrid Straddle Carriers
Kalmar has secured a significant order from Maher Terminals LLC for 30 hybrid straddle carriers. These units are set for deployment at Maher’s facility in the Port of New York…
Ocean Network Express Revamps Asia-South America Routes
Ocean Network Express (ONE) has confirmed strategic adjustments to its South America network, specifically affecting the East Coast South America Express 2 (SX2) and the River Plate Express (RPX). These…