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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 […]
OPINION | Shipping strikes, oil price spikes and a deadly new gulf crisis
As Somali pirates hijacking giant cargo vessels and tankers from tiny motorised skiffs wreaked havoc across the region from the mid-2000s to the early 2010s, a tiny group of UK military reservists in a bungalow in the gardens of the British diplomatic mission in Dubai found themselves fielding daily calls from panicked merchant ships. Internal […]
Eni sees extra dividend if oil surge from Iran crisis persists
Italian energy group Eni said on Thursday it was raising the top end of its distribution range for the next five years and would pay an extraordinary dividend if energy prices exceed its forecast. Internal Pages – Super (728×90) – Position 14 The state-controlled company pledged to distribute 100 per cent of additional cash flow […]