Pac-Man attack: Genco Shipping rejects Diana takeover bid and turns the tables
Diana finds itself fielding an acquisition proposal from its target
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New Year, New Deals in the Newbuilding and S&P Markets
A raft of new deals were reported as 2026 is now underway. In the newbuilding market, shipbroker Banchero Costa said in its latest weekly report that “in the bulk sector, Nantong Xiangyu secured an order from Swiss company Mercuria Energy Trading for 2…
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Early Signals: Maritime Oil Trade Adapts to U.S.-Venezuela Enforcement
Using Windward’s Early Detection solution, this report examines a series of emerging anomalies in global maritime oil trade following recent U.S. enforcement escalations involving Venezuela. Early Detection surfaces deviations from historical baselines…
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Signal Group Spotlight: Steel Seaborne Trends
A 5% increase in global steel exports in 2025 was driven by a surge in Chinese exports. Steel flows in 2025 are 5% higher than in 2024. China has driven the increase in outward steel flows, as its exports rose by 19%. Elsewhere, outward steel flows fel…
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Blue Water Surpasses 1000 Hours of Ocean-Based Testing
This week, the Blue Water team reached a milestone in their journey: surpassing 1000 hours of ocean-based testing of their proprietary propulsion system designed for autonomous surface vessels. Achieving this milestone surpasses the Navy’s original…
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