Fednav to ship phosphate to Great Lakes for agribusiness firm
Baird Maritime – International 03/19/2026 4:16 pm – Updated 11 hours ago 1 Min A memorandum of understanding has been signed by Fednav International and V6 Agronomy to facilitate the transportation of phosphate into the Canadian Great Lakes. Internal Pages – Super (728×90) – Position 14 This agreement establishes a long-term collaboration between the Montreal-based […]
Genco rejects Diana Shipping takeover bid again, calls Star Bulk deal a “fire sale”
Baird Maritime – International 03/19/2026 3:59 pm – Updated 11 hours ago 2 Min Genco Shipping and Trading has unanimously rejected a revised, non-binding proposal from Diana Shipping to acquire all outstanding shares for $23.50 per share in cash. The board of directors determined the offer substantially undervalues the company and fails to provide an […]
COSCO Shipping Holdings profit dips to $4.3b in 2025
Baird Maritime – International 03/19/2026 3:43 pm – Updated 10 hours ago 2 Min COSCO Shipping Holdings reported a net profit attributable to shareholders of approximately CNY30.87 billion ($4.324 billion) for the year ended December 31, 2025. This figure represents a decrease from the previous year as market freight rates moderated following a period of […]
Beng Kuang Marine inks agreement to buyout Asian Sealand Offshore and Marine
Baird Maritime – International 03/19/2026 3:25 pm – Updated 10 hours ago 2 Min Beng Kuang Marine has entered into an agreement to acquire the remaining 49 per cent of Asian Sealand Offshore and Marine for SG$60 million ($45 million). The deal will see the target become a wholly-owned subsidiary of the group, which currently […]
Hapag-Lloyd signs maritime agreements with Indian Government
Baird Maritime – International 03/19/2026 3:15 pm – Updated 10 hours ago 1 Min Hapag-Lloyd and the Indian Government signed three letters of intent to deepen maritime cooperation and support the development of the country’s shipping and logistics sector. Internal Pages – Super (728×90) – Position 14 The shipping group plans to explore the reflagging […]