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…
Strait of Hormuz Ceasefire: First Indian LPG Carrier Transits to Kandla
The India flagged LPG carrier Jag Vikram is expected to arrive at Kandla, Gujarat on April 14, marking the first successful transit by an Indian vessel since the recent 14…
Maersk Increases Cargo Insurance and Care Rates for Middle East Trade
Maersk has announced a significant revision to its Cargo Insurance and Cargo Care rates for ocean shipments loaded or discharged in ports across Saudi Arabia, the United Arab Emirates, Lebanon,…
MSC Launches Phoenix Service Connecting Asia and the Mediterranean
Mediterranean Shipping Company (MSC) has officially launched its long delayed Phoenix service. This newly operational route establishes a critical maritime connection between key destination ports in the Mediterranean and the…
CMA CGM Announces Peak Season Surcharges for US and Australia Routes
CMA CGM has officially announced new Peak Season Surcharges (PSS) across multiple major trade lanes. The ocean carrier stated these rate adjustments are necessary to maintain service reliability and efficiency…
TVL Marine Launches New Hong Kong to Taiwan Container Service
Taiwanese shipowner TVL Marine is officially introducing a new regional ocean freight service connecting Hong Kong and Taiwan. According to recent reports from DynaLiners, operations for the new short sea…
Xiamen Feihongshun Shipping Orders Two Newbuild Container Vessels
Chinese non operating owner Xiamen Feihongshun Shipping has officially placed orders for two new container vessels, according to recent data from Dynaliners. The newbuild orders consist of two mid sized…
MSC Extends Emergency Fuel Surcharge Amid Fuel Market Disruption
MSC Mediterranean Shipping Company has announced an extension of its Emergency Fuel Surcharge (EFS) through April 30, 2026. The ocean carrier cited ongoing disruptions in the global fuel market, directly…
Port of Ravenna Logistics: Circle Group and Setramar Launch Digital Upgrade
Circle Group and Setramar Group have partnered on a joint initiative to digitize terminal and logistics operations at the Port of Ravenna. The project aims to modernise the port’s technical…
Indian Navy Evacuates 18 Stranded Energy Vessels from Strait of Hormuz
The Indian Navy, working alongside a multi-ministry task force, is actively evacuating 18 commercial vessels stranded in the Strait of Hormuz. All 18 ships are carrying energy cargo bound for…
Kandla Port Conducts India’s First Methanol Bunkering Trial
India’s Kandla Port in Gujarat took a major step toward supporting alternative marine fuels by completing a shore to ship methanol bunkering trial on April 2, 2026. The operation successfully…