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16 August 2026

Fujian Highton expands MPP newbuild programme with fresh pair

Downunder Voices Newsroom

Source reporting: Splash247

Fujian Highton expands MPP newbuild programme with fresh pair

Chinese owner Fujian Highton Development has returned to Taizhou Kouan Shipbuilding for two more multipurpose heavylift newbuildings, taking its programme at the yard to nine ships. Wholly owned Haitong International Shipping has signed for the two 62,000 dwt vessels, with total investment capped at RMB600m ($89m) before tax. The ships will be financed through a …

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16 August 2026

Diana pulls plug on Genco takeover

Greece’s Diana Shipping has pulled its takeover offer for Genco Shipping & Trading after the US bulker owner set out terms that Diana said would value the company at about $36. 91 per share, ending the current push after nine months of increasingly bitter dealmaking. Genco’s board asked for $27. 50 per share in cash, another $2 …

Source: Splash247Original source

16 August 2026

Maersk introduces reefer inland surcharge at Port of Algeciras

Maersk will introduce an Inland Peak Season Surcharge (IPI) for import reefer container haulage within the Port of Algeciras amid increased congestion during the citrus season. According to the carrier, storage facilities within the Spanish port are experiencing exceptionally high occupancy levels as activity increases. The situation is causing longer waiting times for warehouse loading and unloading operations and affecting the efficiency of inland transportation services. EUR 65 surcharge for import reefers Maersk will introduce a surcharge of EUR 65 per container for affected import reefer movements. The surcharge will apply to: Direct deliveries to warehouses located within the Port of Algeciras.

Source: Container NewsOriginal source

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