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…
CMA CGM revises shipping tariffs for routes from Indian subcontinent to Europe
CMA CGM announces new freight rates for dry cargo from India and the Middle East to Europe, effective from 1 February Shipping line CMA CGM has introduced updated Freight All…
MatchLog and STA Alliance to push Digital Container Reuse in Singapore
MatchLog, a leading global container-reuse platform, and STA Alliance Ltd, the wholly owned commercial subsidiary of the Singapore Transport Association (STA), have signed a Memorandum of Understanding (MOU) to advance…
Damen Wins a deal with Qatar’s Navy for two ASD 3212 tugs.
Damen Shipyards Group has announced a contract with the Qatar Emiri Naval Forces (QENF) for the delivery of two ASD Tugs 3212. The contract was announced at the Doha International…
Flexport launches tariff refund calculator as Supreme Court weighs tariff authority
As U.S. importers wait on a Supreme Court decision that could upend the last year of work with constantly changing tariffs, a new tool from Flexport is offering businesses a…
Authorities in French Polynesia Bust Cocaine Shipment to Australia
The Australian Federal Police (AFP) and the Australian Border Force have congratulated authorities in French Polynesia over the reported seizure of about 4.87 tonnes of cocaine intercepted in the Pacific…
U.S. Seizes Seventh Venezuela-Linked Tanker
The U.S. military said it seized a Venezuela-linked tanker on Tuesday in the Caribbean, marking the seventh such since the start of U.S. President Donald Trump’s month-long campaign to control…
AD Ports Buys Spanish Shipyard Astilleros Balenciaga
The Abu Dhabi-based AD Ports acquired a Spanish shipyard as part of its effort to expand in the Mediterranean and serve the offshore operations sector. The reports indicate that it…
Mother of all deals: EU chief says ‘historic trade agreement’ with India soon
During a speech at the World Economic Forum in Davos on Tuesday,The President of the European Commission, Ursula von der Leyen said that both sides are on the “cusp of…
Allcargo Terminals secures 10-Year extension from JNPA for speedy multimodes CFS
Allcargo Terminals Ltd, a leading operator in India’s largest CFS-ICD network, has received 10 year-extension from Jawaharlal Nehru Port Authority (JNPA) to operate Container Freight Station (CFS) at JNPT, Nhava…
Canal Barge gets Tier 4 Mitsubishi-Powered Towboat Al Sloss
The M/V Al Sloss, the first vessel in a four-boat new construction program for Canal Barge Company, has entered service powered by Mitsubishi marine engines supplied by Laborde Products. The…