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Diana cuts Genco stake below 10%

Diana cuts Genco stake below 10%

Diana Shipping has cut its stake in Genco Shipping & Trading below 10%, continuing a rapid unwind of the position following the collapse of its takeover attempt last month. Fresh SEC filing shows Diana sold another 275,000 Genco shares on September 1 and 2 for about $7.26m. The Athens-based...

South Korea Reviewing Military Options for Hormuz

South Korea Reviewing Military Options for Hormuz

South Korea is reviewing options, including military measures, to support freedom of navigation in the Strait of Hormuz, the presidential office said on Friday, while denying media reports that...

Eco Wave Power to Advance Digital Twin Platform

Eco Wave Power to Advance Digital Twin Platform

Eco Wave Power U.S. Inc., has entered into an agreement with Germany-based AI engineering GmbH to develop a physics- and data-driven digital twin platform for Eco Wave Power’s proprietary wave energy technology.The collaboration advances Eco…