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Maritime News
Hanwha Makes Offer for Austal USA
Australian shipbuilder Austal said on Tuesday that Hanwha Group had offered to buy its U.S. operations for up to $1.20…
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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
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
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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Marine World
Iran War Ceasefire Fragile as US Rejects Tehran’s Latest Offer
Shipping traffic in the Strait of Hormuz remained at a standstill on Tuesday, with oil rising after US President Donald…
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Maritime News
Last-Minute Offer Adds a Twist to Hapag-Lloyd’s Acquisition of Zim
A competing bid is the latest twist in the saga of Hapag-Lloyd’s planned takeover of Israeli shipping line Zim – even…
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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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Maritime News
Iran Could Offer Oman Exit Proposal
Iran could consider allowing ships to sail freely through the Omani side of the Strait of Hormuz without risk of…
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Maritime News
RFA Facing Strike Action After Union Reject Pay Offer
The crisis-ridden Royal Fleet Auxiliary (RFA) is staring at operational paralysis after a trade union rejected a pay offer for…
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Maritime News
Genco Rejects Diana Shipping Offer
Genco Shipping & Trading Limited has firmly pushed back on takeover interest from Diana Shipping Inc., with its board unanimously…
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