Diana Shipping Cuts Genco Stake Below 10% Weeks After Abandoning Takeover Bid
Diana Shipping has begun selling down its stake in Genco Shipping & Trading, dropping below the 10% ownership threshold just weeks after abandoning its
Diana Shipping has begun selling down its stake in Genco Shipping & Trading, dropping below the 10% ownership threshold just weeks after abandoning its
Hornbeck Offshore Services and Helix Energy Solutions Group have completed their previously announced all-stock merger, creating a larger offshore services
Forwarders have backed the objections of Brazilian authorities and Israeli legislators in questioning the looming Hapag-Lloyd acquisition of Zim – pushback
Antin Infrastructure Partners has completed its acquisition of Vigor Marine Group from an affiliate of Lone Star Funds, bringing one of the largest U.S. ship
French shipping and logistics giant CMA CGM and infrastructure investment firm Stonepeak have officially completed the formation of United Ports LLC,
Italian shipbuilder Fincantieri is making its biggest push yet into the fast-growing underwater technology sector, announcing deals worth an initial €600
Lockheed Martin has agreed to acquire undersea warfare technology company Ultra Maritime from private equity firm Advent in a deal valued at $3.45 billion,
The CMA CGM Group has agreed to acquire FedEx Supply Chain from FedEx in a deal valued at $1.4 billion, significantly expanding
The overwhelming re-election of Genco Shipping & Trading’s board this week marked the latest chapter in a takeover battle that has pitted two of the
The takeover battle between two of the dry bulk shipping sector’s biggest names intensified Tuesday after Diana Shipping publicly blasted Genco Shipping
Dry bulk shipping takeover drama intensified Thursday as Diana Shipping Inc. raised its all-cash offer for Genco Shipping & Trading Limited to $24.80 per
Mediterranean Shipping Company is moving to take joint control of South Korea’s Sinokor Maritime, formalizing a relationship that has drawn growing attention
Ocean Network Express (ONE) is deepening its relationship with the world’s largest containership leasing platform, announcing plans to increase its ownership
Houston-based offshore vessel giant Tidewater Inc. is making a major push into Brazil, announcing a definitive agreement to acquire Wilson Sons Ultratug
Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for $4.2 billion in a deal that would cement its position among the world’s top five
Hapag-Lloyd AG is in advanced talks to acquire Israeli competitor Zim Integrated Shipping Services Ltd, the German company said on
Seattle-based Saltchuk has agreed to acquire Great Lakes Dredge & Dock, the largest dredging contractor in the United States, in a $1.5 billion all-cash deal
Transocean and Valaris have agreed to merge in an all-stock deal valued at about $5.8 billion, creating a $17 billion offshore drilling giant with a 73-rig
International Seaways, Inc. (NYSE: INSW) has acquired sole ownership of Tankers International, one of the world’s leading shipping pools, while
Magnet Defense has completed its acquisition of Louisiana-based shipbuilder Metal Shark, a move the company says will give it the production muscle needed to
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up