Wärtsilä integrated propulsion solution to deliver future-proofing for new next-generation short-sea cargo vessel
Wärtsilä integrated propulsion solution to deliver future-proofing for new next-generation short-sea cargo vessel
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International Shipping News
14/04/2026
Technology group Wärtsilä will supply a fully integrated propulsion solution for a new advanced open-deck carrier vessel. The vessel has been ordered by Finland-based operator Meriaura, as part of its fleet renewal programme and has been designed for low energy consumption, operational flexibility and minimised emissions. The order was booked by Wärtsilä in Q1 2026.
Vessel owners and operators are navigating a dynamic landscape shaped by evolving market conditions, regulatory requirements, and an increasing focus on emission reductions.
Genco Shipping & Trading Issues Statement Regarding Diana Shipping’s Letter to Shareholders
Genco Shipping & Trading Issues Statement Regarding Diana Shipping’s Letter to Shareholders
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Hellenic Shipping News
14/04/2026
Genco Shipping & Trading Limited, the largest U.S.-headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement regarding Diana Shipping Inc.’s (“Diana”) letter to Genco shareholders:
The Genco Board of Directors and management team are committed to maximizing value for Genco shareholders. Today, Diana issued a letter as part of its efforts to take control of Genco through an inadequate acquisition proposal and through replacing the entire Genco Board with its handpicked nominees. We encourage shareholders to ignore Diana’s letter and not be distracted by its inflammatory and misleading statements.
Instead, Genco shareholders should keep in mind the following:
Genco’s comprehensive value strategy continues to deliver strong operating results and superior shareholder returns.
Diana Shipping Inc. Sends Open Letter to Genco Shipping & Trading Shareholders
Sends Open Letter to Genco Shipping & Trading Shareholders
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Hellenic Shipping News
14/04/2026
Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the outstanding shares of common stock of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today sent a letter to Genco shareholders in connection with its campaign to elect six independent director nominees to Genco’s Board of Directors (the “Genco Board”) at the Genco’s 2026 Annual Meeting of Shareholders, the date of which Genco has yet to announce.
The letter details the compelling value of Diana’s fully financed, all-cash $23.50 per share offer, rebuts a series of factually unfounded claims the Genco Board has made in its recent public communications, and exposes the Genco Board’s deliberate pattern of entrenchment — including the unilateral adoption of a poison pill, the formation of an un
Girting and capsize of tug Biter with the loss of two lives while assisting passenger vessel Hebridean Princess
# Girting and Capsize of Tug Biter Claims Two Lives During Passenger Vessel Assistance A tug named Biter capsized and sank while providing assistance to the passenger vessel Hebridean Princess, resulting in the loss of two crew members. The incident, investigated by the Marine Accident Investigation Branch (MAIB), highlights the hazardous nature of tug operations […]
Full speed ahead: Why two-stroke engine monitoring is essential in deep-sea vessels
Advances in technology and innovation, such as continuous monitoring, are providing fleets with the competitive edge. Learn more here:The post Full speed ahead: Why two-stroke engine monitoring is essential in deep-sea vessels appeared first on Ship Technology.
Don’t mistake AI’s ambitions for shipping’s reality
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LNG-fuelled container ships sustain alternative fuel share of global orderbook amid industry slowdown
The latest annual data from DNV’s Alternative Fuels Insight (AFI) platform reflects a year shaped by regulatory uncertainty and market recalibration. While overall newbuilding activity eased in 2025 following an unprecedented boom the previous year, its share of gross tonnage…
AYK Energy lands second Mureloil deal for 4.2MWh Aries+ marine battery
AYK Energy has signed a second contract with Spanish ship owner Mureloil to supply its 4.2MWh Aries+ battery system for the Bahía Beatriz vessel.The post AYK Energy lands second Mureloil deal for 4.2MWh Aries+ marine battery appeared first on Ship Technology.
On thin ice: STG95 is out now!
In this issue: environmental considerations for Arctic cruising, Celebrity Cruises’ fleet overhaul, AR and VR maritime training, and more.The post On thin ice: STG95 is out now! appeared first on Ship Technology.
ABB, HDF Energy sign agreement on marine fuel cell development
ABB, HDF Energy have signed a joint development agreement (JDA) to co-develop a high-power, megawatt-class hydrogen fuel cell system designed for use in marine vessels.The post ABB, HDF Energy sign agreement on marine fuel cell development appeared first on Ship Technology.