Advertise with us
DOWNUNDERVOICESAustralia · New Zealand · World
Back to Trade & Logistics
Trade & Logistics

26 August 2026

Diana trims Genco stake

Downunder Voices Newsroom

Source reporting: Splash247

FacebookEmail
Diana trims Genco stake

Diana Shipping has started cutting its exposure to Genco Shipping & Trading following the collapse of its nine-month takeover campaign, selling 1. 2m shares for just over $32m. The Semiramis Paliou-led bulker owner sold 450,000 Genco shares on August 21 and another 750,000 on August 24, according to an amended Schedule 13D filed with the US …

About this report

Downunder Voices provides an independently written summary and community perspective based on information published by the original source. The original publisher remains responsible for its reporting.

Join our community

Follow Downunder Voices

Join thousands of readers following news and community stories from Australia, New Zealand and the Pacific.

Follow on FacebookSubmit your story

More from Trade & Logistics

View category
Moringa lattes and tigernut kebabs: the young Ghanaians ‘taking back the power’ of their foodTrade & Logistics

26 August 2026

Moringa lattes and tigernut kebabs: the young Ghanaians ‘taking back the power’ of their food

In Ghana, a grassroots movement is championing nutritious, homegrown, climate-resilient produce, rather than western imports After three years at catering school, Abiro Wisdom was certain of one thing – he did not want to go into catering. At least not the route that he might be expected to take. His course at Accra Technical University had prepared students for working in international hotels, focusing on French, Italian and Mexican cuisine. The nutritious, homegrown food that Wisdom had eaten while growing up in Bolgatanga, northern Ghana, did not feature at all. “I didn’t see myself there,” he says of the big chain hotels.

Source: The Guardian WorldOriginal source
DP World’s Jeddah Port hits record monthly volumeTrade & Logistics

26 August 2026

DP World’s Jeddah Port hits record monthly volume

DP World’s South Container Terminal (SCT) at Jeddah Islamic Port handled more than 221,200 TEUs in July 2026. The figure pushes monthly volumes above levels last seen before Red Sea shipping disruption began in late 2023. Export volumes also hit a monthly high over the same period, with SCT handling 79,720 TEUs, reflecting sustained trade […] The post DP World’s Jeddah Port hits record monthly volume appeared first on Port Technology International .

Source: Port TechnologyOriginal source
Global port congestion hits record 4.3 million TEUsTrade & Logistics

26 August 2026

Global port congestion hits record 4.3 million TEUs

Port congestion has reached a new high, with more than 4. 3 million TEUs waiting to berth at container ports globally, according to data from Linerlytica. The surge is driven largely by delays across East Asia, as fresh storms continue to disrupt vessel schedules. The stranded capacity now exceeds the previous peak of 4. 0 million TEUs […] The post Global port congestion hits record 4.

Source: Port TechnologyOriginal source

Read Next

View latest
Wiped out: US faces surging toilet paper prices amid trade war with CanadaWorld

26 August 2026

Wiped out: US faces surging toilet paper prices amid trade war with Canada

Paper products among hardest-hit sectors after trade negotiations broke down, with 25-50% tariffs estimated Are you a Canadian boycotting US products? We’d like to hear from you Using the bathroom or having a cry is about to become more expensive for North Americans as the US and Canada enter a full-fledged trade war that threatens to flush away decades of peaceful trading between the two nations. After trade negotiations broke down between the two countries last weekend , Mark Carney, the Canadian prime minister, vowed to match US tariffs “dollar for dollar” and unveiled a list of nearly 900 American goods that will face 25% to 50% tariffs starting on 8 September.

Source: The Guardian WorldOriginal source
Medcare linked to five-ship MR1 order in ChinaWorld

26 August 2026

Medcare linked to five-ship MR1 order in China

Greek owner Medcare Shipping has been linked to an order for up to five MR1 product and chemical tankers at China’s Anhui Zhongrun Heavy Industry. The Wuhu-based yard has confirmed a contract with an unnamed Greek owner covering two firm 41,000 dwt ships and three options, while shipbroking and market sources have identified Medcare as …

Source: Splash247Original source
Idaho Law Protects Faith Healers. It Wasn’t Always That Way.World

26 August 2026

Idaho Law Protects Faith Healers. It Wasn’t Always That Way.

Members of the faith-healing sect Followers of Christ bury loved ones, many of them children and infants, in Peaceful Valley Cemetery in Caldwell, Idaho Sarah A. Miller for ProPublica In Idaho, parents who say their faith prohibits lifesaving medical care for their children can’t be charged with child neglect or manslaughter. Supporters of this protection over the years have included lawmakers who voiced support for “traditional” Idaho values. But from at least the 1880s through the early 1970s, it was illegal for parents in Idaho to choose prayer over medical care when a child’s life was at stake, newspaper archives and historical documents show. “Every parent of any child who willfully omits, without lawful excuse, to furnish necessary food, clothing, shelter, or medical attendance for such child, is guilty of a misdemeanor,” reads the 1887 edition of Idaho territory statutes , published before statehood.

Source: ProPublicaOriginal source
HGT Latin America names new Vice President OperationsWorld

26 August 2026

HGT Latin America names new Vice President Operations

Hanseatic Global Terminals (HGT) Latin America has appointed Rafael Reis as Vice President Operations, tasking him with leading the company’s regional operational strategy with a focus on operational excellence. Reis brings extensive experience across Latin America’s port and logistics sector, having worked in Brazil, Argentina, Costa Rica and Panama over the course of his career. […] The post HGT Latin America names new Vice President Operations appeared first on Port Technology International .

Source: Port TechnologyOriginal source