Diana Shipping Genco offer rejected as undervalued
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…
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…
China Classification Society (CCS) has completed the construction survey and certification of Ningyuan Diankun, which it describes as the world’s largest pure electric intelligent seagoing vessel and China’s first high…
Tradepoint Atlantic and MSC’s Terminal Investment Limited (TiL) broke ground on May 1 for the new Sparrows Point Container Terminal in Baltimore. The joint venture represents a $1.2 billion private…
India’s Minister of Ports, Shipping, and Waterways Sarbananda Sonowal announced a US$5.4 billion investment. The funds will add 62 vessels to the Indian merchant fleet in FY 2026-2027. This initiative…
Prime Minister Narendra Modi inaugurated the Ganga Expressway in Hardoi, Uttar Pradesh. Completed in under five years, the 594-kilometre access controlled greenfield project is now the country’s longest green corridor…
Maersk has officially taken delivery of the Tangier Maersk. This is the first vessel in a new series of six mid-size containerships, marking a key step in the company’s fleet…
Canada is prioritizing Arctic infrastructure, a new port and railway project on Baffin Island has received construction approval. The Steensby Railway is a critical component for expanding production at the…
The third-largest container shipping company, CMA CGM Group, has completed the acquisition of one of the UK’s leading intermodal rail freight operators, Freightliner Ltd. Freightliner has announced the update with…
MSC is set to launch its new Australia/New Zealand–US East Coast “Eagle” service next week. This move significantly expands their transpacific and inter-regional network. First announced in July 2025, MSC…
Om Logistics Supply Chain has officially expanded its warehousing capacity in Kharkhoda, Haryana. The company added 45,000 sq. ft. of modern storage infrastructure to the site. This expansion brings their…
DHL Aviation has unveiled two fully branded Boeing 737-400 aircraft at Murtala Muhammed International Airport. This move significantly strengthens their air network in West Africa. The new aircraft will boost…
Imabari Shipbuilding has officially delivered the Agatti Island, a 64,000 dwt bulk carrier. The team completed the vessel at their Imabari Shipyard and handed it over on January 27, 2026.…
The 2026 Indian Budget aims to transform the Customs system into a predictable pipeline. The goal is trust based movement, fewer repeated checks, and better-connected approvals The government is introducing…
This year’s Indian budget is quietly trying to fix the “middle” of India’s supply chain.This is the critical leg between the factory and the port. The strategy is clear: shift…
MSC will add Port Chalmers to the port rotation of its Australia–New Zealand Wallaby service, expanding coverage on the regional loop. The updated service will be operated with nine vessels…