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US-listed dry bulk owner Genco Shipping & Trading has rejected a revised takeover proposal from Greece’s Diana Shipping, saying the offer undervalues the company and carries significant execution risks. Genco’s board, acting on advice from a special committee of independent directors, turned down the $23.50-per-share all-cash proposal, which targets shares not already held by Diana. …
https://splash247.com/genco-rejects-diana-takeover-bid/
https://splash247.com/genco-rejects-diana-takeover-bid/A new analysis from WinGD and Envision Energy suggests something the maritime industry has been debating for years ... and likely will be debating for many years to come: the changing economics of zero-emission fuels.For shipowners, the significance is straightforward.
https://www.marinelink.com/news/green-ammonia-shines-regulation-537100
https://www.marinelink.com/news/green-ammonia-shines-regulation-537100Lloyd’s Register (LR) has signed a new contract with long-standing partner Echo Marine Group to support the delivery of Western Australia’s first fully electric passenger ferries - marking a major milestone for sustainable public transport in Australia.The project…
https://www.marinelink.com/news/echo-marine-group-deliver-western-537101
https://www.marinelink.com/news/echo-marine-group-deliver-western-537101CK Hutchison posted a 7% rise in 2025 underlying profit on Thursday, as the market awaits updates on the company's proposed sale of its ports business and other spin-off plans.The Hong Kong ports-to-telecoms conglomerate reported underlying…
https://www.marinelink.com/news/ck-hutchison-banks-profit-rise-537102
https://www.marinelink.com/news/ck-hutchison-banks-profit-rise-537102Kongsberg Discovery and Fugro have signed a new framework agreement that strengthens a decades-long technology partnership between the two companies. The contract, confirmed at Oceanology International in London, positions Kongsberg Discovery…
https://www.marinelink.com/news/kongsberg-discovery-fugro-reinforce-main-537103
https://www.marinelink.com/news/kongsberg-discovery-fugro-reinforce-main-537103bound4blue and Eastern Pacific Shipping (EPS) have completed the second installation of eSAILs in EPS’ fleet, fitting three 22-meter-high units on MR tanker Pacific Sunstone at New Times Shipbuilding in Jiangsu Province, China. The project marks…
https://www.marinelink.com/news/eastern-pacific-shipping-boundblue-537106
https://www.marinelink.com/news/eastern-pacific-shipping-boundblue-537106GT Wings has signed a Memorandum of Understanding (MoU) with Zunsion Technology in China to establish a strategic manufacturing partnership for its AirWing Jet Sail wind propulsion system.The agreement creates a framework for industrial scale production of AirWing units in China…
https://www.marinelink.com/news/gt-wings-establishes-manufacturing-537107
https://www.marinelink.com/news/gt-wings-establishes-manufacturing-537107Leveraging the advancements in connectivity and augmented reality (AR) technology, Alfa Laval is strengthening its remote service offering to help crews troubleshoot, maintain compliance and optimize equipment performance in real time directly from vessels at sea.
https://www.marinelink.com/news/alfa-laval-turns-remote-augmented-reality-537108
https://www.marinelink.com/news/alfa-laval-turns-remote-augmented-reality-537108Today, Wednesday, March 18 2026, the Baltic Dry Index climbed by 40 points, reaching 2064 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2064-up-40-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2064-up-40-points/Today, Thursday, March 19 2026, the Baltic Dry Index decreased by 7 points, reaching 2057 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2057-down-7-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2057-down-7-points/