Genco Shipping & Trading Limited has firmly pushed back on takeover interest from Diana Shipping Inc., with its board unanimously rejecting a non-binding $20.60-per-share cash proposal that it says 'significantly undervalues' the company and carries unacceptable execution risk…
'In 2025, seaborne coal shipments to China fell 10% as domestics supply increased and demand from steel manufacturing and electricity generation weakened. The decline affected shipments out of Indonesia, the US, Australia and Colombia in particular…
The U.S. government has filed for court warrants to seize dozens more tankers linked to the Venezuelan oil trade, four sources familiar with the matter said, as Washington consolidates control of oil shipments in and out of the South American country…
Spanish police have made their largest-ever cocaine seizure on the high seas, intercepting a vessel carrying almost 10 metric tons of the drug concealed in a shipment of salt en route from Brazil to Europe, police said on Monday.The operation led to the arrest of 13 people on board…
Russia has attacked two foreign-flagged civilian vessels with drones in the southern Odesa region, killing a Syrian national and injuring another, Ukrainian officials said on Friday.Moscow has stepped up attacks on Ukraine's maritime export…
Turkey's state grain board TMO has issued an international tender to purchase and import about 210,000 metric tons of animal feed barley, European traders said on Friday.The deadline for submission of price offers in the tender is January 15…
Grain export terminal operator Senalia expects its volumes in 2025/26 to double from last season after a rebound in French harvest production and amid brisk demand for barley, the company said on Friday.France is the European Union's biggest…
Import volume at the nation’s major container ports is forecast to see its first month-over-month gain in six months during January but is expected to remain down year over year until spring, according to the Global Port Tracker report released…
SeaCube Cold Solutions, backed by SeaCube Container Leasing, the leading investor in refrigerated equipment, has acquired Martin Container, the portable cold storage container company serving the West Coast. This strategic alignment brings together…
“100 days ago, on 29 September, the Minervagracht was to become the last ship to be attacked by the Houthis, at least for now. Forty-three days later, the Houthis declared an end to their attacks on ships. Despite this, traffic through the Suez…
Sallaum Lines accepted its latest Pure Car and Truck Carrier (PCTC) vessel, MV Ocean Explorer as part of its Ocean Class fleet. The newbuilding’s arrival represents a major milestone in the company’s ongoing fleet expansion strategy and its…
Iquique Terminal Internacional (ITI) in Chile, operated by Hanseatic Global Terminals, closed 2025 with an all-time cargo transfer record, exceeding 3.3 million metric tons and representing 33% growth over the previous year.The milestone reaffirms…
Venezuelan and U.S. officials are discussing exporting Venezuelan crude to refiners in the United States, five government, industry and shipping sources told Reuters on Tuesday.Venezuela has millions of barrels of oil loaded on tankers and in…
Venezuela's state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing U.S. oil blockade that has reduced exports to zero, piling more pressure on an interim government trying to hang onto power in the face of U…
Chicago soybean futures ticked down on light post-holiday trading volume on Friday, as competitively priced Brazilian beans and favorable South American weather pressured the commodity, analysts said.Wheat and corn futures also edged down, but corn received some support from the brisk pace of U…
