Tuesday, November 25, 2025
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dry bulk vessel

Diana Shipping to Continue Dry Bulk Consolidation with Offer for Genco

Published Nov 24, 2025 8:14 PM by The Maritime Executive

  Dania Shipping, which bills itself as a leader in the dry bulk sector, is seeking to continue the market consolidation as it finally made a move to acquire US-based Genco Shipping & Trading. Genco bills itself as the largest U.S.-headquartered dry bulk shipowner, and combined, they would have a fleet of approximately 80 vessels with approximately 9 million dwt. Diana’s Chief Executive Officer, Semiramis Paliou, highlighted that the offer, which came in the form of a non-binding indicative proposal,...

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Carnival Horizon

Teen's Death on Carnival Cruise Ship Ruled a Homicide

Published Nov 24, 2025 6:03 PM by The Maritime Executive

  The teenager who died under mysterious circumstances on cruise ship Carnival Horizon earlier this month was killed by asphyxiation, and her death has been ruled a homicide, according to a death certificate released by her family. A medical examiner in Miami concluded that Anna Kepner, 18, "was mechanically asphyxiated by other person(s)" at about 1117 hours on November 7. The document confirms previously-reported preliminary conclusions of FBI investigators.  Kepner was a straight-A student, a varsity cheerleader, and had planned to...

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UK tracking Russian spy ship

UK Tracks Two Years of Increased Russian Naval Activity

Published Nov 24, 2025 5:57 PM by The Maritime Executive

The UK’s Ministry of Defence reported details on additional sightings of Russian vessels in its waters after reporting a recent incident with a Russian spy ship. It says the UK has seen a 30 percent increase in Russian vessels in UK waters in the past two years. The Royal Navy maintains regular patrols and has frequently reported dispatching vessels to shadow Russian vessels primarily transiting the English Channel. The most recent incident, which took place in the last...

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Climate Resistance

Climate Group Uses Superyacht as a Billboard for Tax Messages

Published Nov 24, 2025 5:08 PM by The Maritime Executive

  In a direct action on London's Canary Wharf last week, activist group Climate Resistance lit up the side of a luxurious superyacht with messages promoting taxation and climate action.  The laser-light text snippets were projected onto the starboard side of the superyacht Lady Christine, a 2010-built vessel that was custom-made by Feadship for Scottish businessman Lord Irvine Laidlaw. While the light messages did no damage to the vessel, they were unflattering to the superyacht community at large, including slogans...

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Offshore

offshore wind farm Denmark

Denmark Adds Subsidies as it Takes New Try at Offshore Wind Farm Tender

The Danish Energy Agency returned to the market for offshore wind farms, announcing the opening of a new round of tenders for three projects, which will run through 2028. It comes after the country failed to receive bids in a 2024 round and incorporates revisions based on the input from the market. While it was not unexpected based on changes in the market, the agency still said it was disappointed in December 2024 when it failed...

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Shipbuilding

new containership

HD Hyundai Confirms HMM Order, Pushes to Highest Boxship Orders in 18 Years

HD Korea Shipbuilding, the holding company for the Hyundai shipbuilding yards, reports it has now booked the highest number of containership orders in 18 years. It said the recently announced order from HMM has driven the company to a new peak last seen in the supercycle in 2007. HMM had announced in October that it was ordering large containerships and tankers as part of its modernization and expansion efforts. The shipping company said the deals, valued...

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Environment

Arctic melting ice

Op-Ed: Arctic States Have Less Than Two Weeks to Act on Polar Fuels

  The Arctic is warming four times faster than anywhere else on Earth, and this is a warning sign for elsewhere on the planet. The shipping sector has been gifted an opportunity to cut black carbon emissions from shipping in the region, which would have a near-immediate positive impact. But time is tight. December 5th is the deadline for countries to submit a crucial proposal for polar fuels, ahead of next February’s meeting of the International Maritime Organization’s Pollution Prevention and...

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Business

dry bulk vessel

Diana Shipping to Continue Dry Bulk Consolidation with Offer for Genco

  Dania Shipping, which bills itself as a leader in the dry bulk sector, is seeking to continue the market consolidation as it finally made a move to acquire US-based Genco Shipping & Trading. Genco bills itself as the largest U.S.-headquartered dry bulk shipowner, and combined, they would have a fleet of approximately 80 vessels with approximately 9 million dwt. Diana’s Chief Executive Officer, Semiramis Paliou, highlighted that the offer, which came in the form of a non-binding indicative proposal,...

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