UAE competes 11 countries in bid for Category B membership in International Maritime Organization’s Executive Council

The United Arab Emirates has completed preparations for its candidacy to become a member of the Executive Council...

OPEC Runs Out of Options as Bid to Boost Oil Price Fizzles

OPEC’s plan to boost oil prices by cutting production has fizzled, yet it has little choice but to stick with it.

Palfinger continues marine expansion with TTS Group takeover bid

Palfinger is continuing the expansion of its marine business and plans to make a takeover bid for...

Singapore Exchange confirms bid to buy the Baltic Exchange

The Singapore Exchange (SGX) has confirmed it has made a bid to acquire the Baltic Exchange. ...

Havila in desperate bid for bondholder agreement on restructuring plan by Monday

Struggling Norwegian offshore vessel player Havila Shipping has set out a revised restructuring for its bondholders but needs a majority agreement by next Monday to avoid the wider deal falling apart. ...

Greece to ask Cosco Pacific to raise Pireaus port bid

China\'s Cosco Pacific has emerged as the only bidder for the Greek government\'s 67% stake up for sale in the Piraeus Port Authority (OLP). ...

Avance in takeover bid for Aurora LPG

Avance Gas Holdings has bid NOK60 ($6.91) per share to take over 100% of Aurora LPG. ...