Merger
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Maritime News
Eldorado-Vantage Merger Signals Continued Offshore Drilling Consolidation
On 29 May 2026, Vantage Drilling International and Eldorado Drilling signed a merger agreement under which Eldorado will acquire Vantage,…
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Maritime News
Diana Reaffirms Offer to Acquire Genco After Losing Proxy Fight
After losing its proxy fight to place two new directors on Genco’s board, Diana Shipping issued a statement reconfirming its…
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Maritime News
Shareholders Back Genco Board in Critical Vote Rejecting Diana’s Candidates
The shareholders of Genco Shipping & Trading backed the board today, June 18, during voting at the annual meeting, rejecting…
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Maritime News
Genco Refuses to Delay AGM After Diana Raises Offer in Last-Minute Play
The battle for control of Genco Shipping & Trading continues with last-minute steps ahead of tomorrow’s scheduled annual shareholder meeting.…
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Maritime News
Diana and Genco Fine-Tune Positions as Takeover Battle Nears Key Vote
Diana and Genco Fine-Tune Positions as Takeover Battle Nears Key VoteWith the shareholder meeting for Genco Shipping & Trading now…
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Maritime News
Battle of Bulkers Continues as Daina Increases Offer for Genco
The battle between two leading dry bulk operators heated up as Diana Shipping looked to further increase the pressure on…
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Maritime News
Diana Shipping Increases Pressure on Genco With Unsolicited Tender Offer
The now long-running takeover battle designed to reshape the dry bulk segment took a new turn as Diana Shipping announced…
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Port News
Helix–Hornbeck merger creates deepwater services heavyweight
Houston-based offshore energy services company Helix Energy Solutions has entered into a definitive agreement to merge with compatriot offshore vessel…
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Maritime News
Hornbeck and Helix to Merge in Further Consolidation in the Offshore Sector
Hornbeck Offshore Services and Helix Energy Solutions Group announced that they have agreed to merge their businesses to form a…
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Maritime News
Zim’s Employees Go Out On Strike as Hapag Merger Moves Forward
Employees of Israeli shipping firm Zim have gone on strike to protest the labor terms of the firm’s sale to Hapag-Lloyd,…
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