Business News
AD Ports Received Buyout Proposal from the Abu Dhabi Government
AD Ports Group, which has grown rapidly into one of the largest ports, logistics, and shipping groups, has received an offer from...
Read More >>Diana Withdraws Offer for Genco as Sides Disagree on Valuation
Diana Shipping withdrew its tender offer to acquire the shares of Genco Shipping & Trading while saying it was “not going away” an...
Read More >>For Iran's Ruling Families, Corruption and Blockade Busting Run Deep
A new investigation using covert tip-offs from disgruntled insiders within Iran has revealed further connections between close rel...
Read More >>Geopolitical Turmoil Drives Improved Results and Higher Costs for Boxships
Maersk and Hapag-Lloyd both reported quarterly earnings on Thursday, August 13, and while they highlighted the turmoil in global m...
Read More >>Star Bulk Walks Away from Deal to Buy Genco Bulkers from Diana
Another piece of the proposed deal for Diana Shipping to acquire Genco Shipping & Trading has ended with Star Bulk Carriers Corp....
Read More >>Podcast: Wärtsilä's Jan Othman on Smart Planning for a Green Future
In this episode of The Maritime Executive's podcast series, In the Know, TME spoke with Jan Othman, Vice President of Project Serv...
Read More >>A Mediterranean Residence Worth Pursuing for American Families
For American families with business interests on both sides of the Atlantic, Malta can offer more than a change of address. It pro...
Read More >>War Risk Insurance Pays $11M for Loss of Mayuree Naree
The Thai shipping company Precious Shipping reports it has received a payment of $10.98 million on the war risk insurance related...
Read More >>Rhine's Record-Low Water Level Exposes WWII-Era Bomb in Cologne
As summertime drought and heat eat away at water levels on Northern Europe's rivers, industries dependent upon river transport are...
Read More >>US Treasury Deals Iranian Sanctions Buster SeaLead an Exemplary Blow
In late July, Singapore and Dubai-based SeaLead Shipping filed for voluntary liquidation. The company had long been a target of th...
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