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Genco rejects Diana takeover bid

US-listed dry bulk owner Genco Shipping & Trading has rejected a revised takeover proposal from Greece’s Diana Shipping, saying the offer undervalues the company and carries significant execution risks. Genco’s …

One of the most powerful engines driving capesize demand over the past five years is facing a potential government-imposed brake, as Guinea considers slashing bauxite production to arrest a collapse …

Mitsui OSK Lines (MOL), Japan’s largest shipowner, saw its share price leap 11% yesterday to a record high after the US’s Elliott Investment Management disclosed a significant stake in Tokyo …

The Vietnamese government has approved a joint bid involving APM Terminals for a new container terminal just to the north of Danang, the country’s third-largest city. Maersk subsidiary APM Terminals …

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