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Greek dry bulk owner Diana Shipping has increased its takeover offer for US-listed rival Genco Shipping & Trading, intensifying a battle that has already spilled into a proxy fight over control of the board. The Semiramis Paliou-led company said it had raised its all-cash tender offer to $24.80 per share from the previous $23.50, while …
https://splash247.com/diana-boosts-genco-bid-in-fresh-takeover-push/
https://splash247.com/diana-boosts-genco-bid-in-fresh-takeover-push/Sherwin-Williams Protective & Marine partners with the U.S. Department of Defense (DoD) by supplying high-performance, MIL-Spec-approved coatings for a variety of platforms such as aircraft carriers, submarines, armored vehicles and aircraft.
https://www.marinelink.com/news/reflecting-sherwinwilliams-protective-539656
https://www.marinelink.com/news/reflecting-sherwinwilliams-protective-539656Effective July 1, Kai Schulte-Schrepping has been appointed as the new Head of Liability Global Risk at Corporate & Specialty Insurer HDI Global. Schulte-Schrepping succeeds Daniel Maurer, who has decided to gradually step out of his current…
https://www.marinelink.com/news/kai-schulteschrepping-appointed-head-539658
https://www.marinelink.com/news/kai-schulteschrepping-appointed-head-539658President Donald Trump’s waivers allowing foreign-flagged ships to move oil and fuel between U.S. ports have had little impact on high domestic gasoline prices due to elevated shipping rates and the relatively small fuel volumes transported so far…
https://www.marinelink.com/news/trump-domestic-shipping-waiver-fails-539663
https://www.marinelink.com/news/trump-domestic-shipping-waiver-fails-539663Tehran would restore shipping through the Strait of Hormuz to pre-war levels within a month in a framework deal with the U.S. to also include withdrawing U.S. forces from Iran's vicinity, Iranian state television reported on Wednesday.The report said the U.S.
https://www.marinelink.com/news/strait-hormuz-may-open-within-a-month-539664
https://www.marinelink.com/news/strait-hormuz-may-open-within-a-month-539664Gulf of America Logistics (GoAL), the 100% Louisiana-owned capital projects specialist, has announced the appointment of Jake Minner as Vice President of Operations - Specialized Transport and Trucking, and the opening of a new Baton Rouge office…
https://www.marinelink.com/news/jake-minmer-announced-vp-operations-gulf-539668
https://www.marinelink.com/news/jake-minmer-announced-vp-operations-gulf-539668Marlink, a global leader in managed services for business-critical digital solutions, has signed an MoU with Metis, a specialist in maritime data collection and advanced analytics, to establish a strategic partnership and expand IoT capabilities…
https://www.marinelink.com/news/marlink-metis-partner-expand-iot-539670
https://www.marinelink.com/news/marlink-metis-partner-expand-iot-539670Dubai-based GMS has won U.S. government approval to scrap four container ships that were under Iran-related sanctions, potentially paving the way for Washington to reduce the shadow fleet of such vessels, the leading ship recycler's CEO said.Hundreds…
https://www.marinelink.com/news/gms-gets-us-approval-scrap-ships-hit-539674
https://www.marinelink.com/news/gms-gets-us-approval-scrap-ships-hit-539674The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a third session on Wednesday, rising about 1.3% to its highest since May 15 at 3,124 points, amid stronger demand across all vessels segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, ...
https://www.hellenicshippingnews.com/baltic-dry-index-at-near-2-week-high/
https://www.hellenicshippingnews.com/baltic-dry-index-at-near-2-week-high/Belgian shipowner CMB.TECH has increased its shareholding in Trafigura-backed TFG Marine and committed to sourcing its bunker fuel requirements through the company. Under the revised shareholder arrangements, effective from June 1, CMB.TECH will increase its equity stake in TFG Marine from 10% to 15% through an issuance of new shares. The transaction also extends the …
https://splash247.com/cmb-tech-increases-stake-in-tfg-marine/
https://splash247.com/cmb-tech-increases-stake-in-tfg-marine/