Business News
Diana Vows Proxy Fight After Genco Again Rejects Merger Proposal
The takeover battle designed to consolidate the dry bulk shipping with the merger of Diana Shipping and Genco Shipping & Trading c...
Read More >>Genco Rejects Diana’s Revised Offer Citing Value and “Fire Sale” of Ships
The battle to further consolidate the dry bulk segment continues with Genco Shipping & Trading announcing that its board unanimous...
Read More >>Filing Confirms MSC is Buying into Sinokor and Behind Tanker Buying Spree
Public filings in Cyprus and Greece are ending months of speculation, providing the first confirmation that the Aponte family and...
Read More >>Erik Hanell to Step Down as CEO of Stena Bulk
Erik Hanell, longtime CEO of Stena Bulk, will be stepping down at the end of the year after more than a decade in the top role. Ha...
Read More >>Activist Shareholder Elliott Targets Mitsui OSK Lines
The well-known activist shareholder group Elliott Investment Management reported it has acquired a “significant investment” in Mit...
Read More >>Hormuz Shutdown Drives Up Bunker Prices, With Broad Effects on Shipping
Bunker prices around the world have soared in response to the crisis in the Mideast, as the shutdown of the Strait of Hormuz has d...
Read More >>Lack of Infrastructure Risks Undermining the Promise of Carbon Capture
Shipping is rapidly approaching the International Maritime Organization’s (IMO) 2030 checkpoints, by which the maritime industry m...
Read More >>Maritime Digitalization: Moving From Tools to Integrated Systems
Digitalization is reshaping maritime operations, creating both opportunity and responsibility. As the sector continues its digital...
Read More >>ONE and Chinese Shipbuilder Increase Investment in Owner/Lessor Seaspan
Three years after taking Seaspan, the leading owner/lessor of containerships to the leading carriers, private Ocean Network Expres...
Read More >>Connecting Opportunities: The Power of Integrated E-Navigation
Timo Essers, e-Navigation Director at NAVTOR, looks at how seamless system integration can empower a new age of control, efficienc...
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