General Dynamics reported a solid start to 2026, with its maritime-focused Marine Systems segment delivering standout growth driven by continued demand for U.S. Navy shipbuilding programs.The company posted overall first-quarter revenue of $13.5 billion, up 10.3% year-over-year, but the strongest gains came from Marine Systems, where revenue jumped 21% to $4.34 billion.
Frederick Joseph Harris of Mystic CT, passed peacefully at 5:47PM on 10/24/2025, with his family by his side. “Fred” was born on 11/25/1944 at Framingham Union Hospital to Frederick Everett and MaryRosa Camilla Harris.Fred was a proud patriot who loved his country. Fred received his bachelor’s degree in Marine Engineering from Maine Maritime Academy (with Honors) in 1967.
Zelim announced that it is has established a site in Atlantic Canada, marking its commitment to strategic expansion in the North American maritime market. The site will be located at the COVE ocean facility in Dartmouth, Nova Scotia, a major technology hub for maritime innovation.Starting in April 2026
Global shipping company Diana Shipping plans to launch a proxy fight to replace rival Genco Shipping & Trading's six current directors, making its decision just days after the board rejected Diana's takeover offer, two people familiar with the matter said.Diana Shipping, which owns nearly 15% of Genco and proposed buying all outstanding shares for $20.
Genco Shipping & Trading Limited has firmly pushed back on takeover interest from Diana Shipping Inc., with its board unanimously rejecting a non-binding $20.60-per-share cash proposal that it says "significantly undervalues" the company and carries unacceptable execution risk.In a statement released January 13, Genco Shipping & Trading Limited said its board
Diana Shipping has announced, that following nine months of what it called “avoiding engagement,” Genco Board has demanded consideration valued at approximately $36.91 per share — a 57% premium to Genco’s undisturbed share price at the time of Diana’s last offer.“Genco’s demands are completely disconnected from the reality of what a credible buyer could reasonably be expected to pay
A new report from the All Aboard Alliance found that its 26 members have remained firm in their commitment to diversity, equity, and inclusion (DEI) despite political pushback against such initiatives from some factions.The All Aboard Alliance Insights 2025 uses a maturity analysis framework to indicate how member companies are performing against the Alliance’s five guiding principles: