Hellenic Shipping News

As South Korea readies to reopen the sale of HMM after last year’s collapse, steel maker Posco Group and fisheries giant Dongwon Group are weighing whether to join a renewed …

US seized tanker near Venezuela just as warrant was set to expire, court document shows The U.S. government carried out its seizure of the M/T Skipper off the coast of …

Higher charter rates push TTF further below Asia spot LNG: what next? The recent fall of the ICIS TTF front-month has pushed it to a year-low discount to East Asian …

This update uses ocean container shipping data and intelligence from Xeneta and eeSea. Peter Sand, Xeneta Chief Analyst “Looking at the fundamentals of supply and demand on major fronthaul trades …

Clean LR2 MEG LR2’s remained stable this week The TC1 75kt MEG/Japan index stood resolute at the WS155 mark or thereabouts. This kept the corresponding TCE around the $37,000-39,000/day Baltic …

Capesize The market closed the week firmly on a softer footing, with sentiment deteriorating steadily across both basins despite pockets of activity. The BCI 5TC lost significant ground, sliding from …

U.S. enforcement and intelligence agencies confront a maritime threat environment characterized by systematic deception and accelerating evasion tactics. Adversarial actors employ coordinated Automatic Identification System (AIS) manipulation campaigns. GPS interference …

Geopolitical and policy risks have become bigger drivers of our ‘deteriorating’ 2026 outlook for the global shipping sector than underlying industry fundamentals, Fitch Ratings says. These risks include potential tariff-related …

Klaveness Combination Carriers ASA (“KCC”) hosts its Capital Markets Day at the company’s headquarters in Oslo. At the event, KCC presents its strategy for 2026–2030; onboarding new vessels, targeting profitable …

Toll Group, a leading global transportation and logistics provider, is accelerating the decarbonisation of maritime logistics with the launch of Singapore’s first decarbonisation hub* dedicated to electric supply vessels. This …

Leading tanker shipping company Stena Bulk has today announced that it has officially reflagged its Suezmax tanker Stena Surprise under the Swedish flag, marking a significant milestone for Swedish shipping. …

Around 100 guests braved unusually torrential rain in Athens to attend the Baltic Exchange’s annual festive drinks reception, bringing together Greek panellists, brokers, members and friends to celebrate the achievements …

On December 8, Techcross received cyber security type approval from ABS and NK, becoming the first company in the industry to obtain cyber security type approvals from five major global …

ABS completed a four-year effort to develop a training module to enhance safety training for commercial fishermen. The project delivered a web-based training platform with materials focused on six major …

Delivery of the vessel to the new owner will take place at the end of the firm contract period on 1 June 2026. The vessel has supported Global Marine Group’s …

The combined firm period of these project related contracts is approximately 175 days, with an additional 150 optional days. Commencement is scheduled for December 2025 and January 2026. The contracts …

Taylor Maritime Limited, the specialist dry bulk shipping company, today announces its interim results for the six month period ended 30 September 2025. The period has been one of decisive …

North America In Houston, bunker demand has been steady, since the beginning of December, and premiums over bunker fuels are expected to strengthen. VLSFO and LSMGO at the port this …

Hapag-Lloyd has signed a contract with the Chinese shipyard CIMC Raffles for the construction of eight new container ships. The ordered units will each have a capacity of 4,500 TEU …

VIRSEC Launches New Online Course to Tackle Harassment, Bullying, and Strengthen Crew Welfare Given the continued industry focus on crew welfare, professional conduct, and the prevention of sexual harassment and …

American Bureau of Shipping (“ABS”), ENEOS Corporation (“ENEOS”), Nippon Yusen Kabushiki Kaisha (“NYK Line”), and SEACOR Holdings Inc. (“SEACOR”) have begun a joint study to develop a methanol bunkering*1 and …

Asia’s high sulphur fuel oil (HSFO) market strengthened at the end of the week as firmer bids emerged, even though a year-end trading lull has set in. Singapore’s 380-cst HSFO …

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Delays for oil tankers in Turkish straits jump to 12 days on weather, security risks Delays for oil tankers passing through the Turkish Straits have climbed to about 12 days …

Bunker fuel availability in Fujairah was firm across all grades in November, according to traders and suppliers in the Middle East. “Cargo was consistently available. November bunker demand dipped as …

The global economy has proven “resilient” this year, despite concerns about a sharper slowdown in the wake of higher trade barriers and significant policy uncertainty, according to OECD Secretary-General Mathias …

The Dangote refinery’s expansion to 1.4 mbpd by 2028, doubling its current output, is expected to reshape regional trade dynamics in the Atlantic basin. As European refinery runs decline amid …

Baltic Index Falls To Near One-Month Low On Weaker Rates The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a …

Demonstrating a significant advance in South Korea’s strategy for maritime decarbonization, Busan Port Authority (BPA) has officially launched the first state-owned all-electric ferry, with the end-to-end electric power and propulsion …

Over 30 sanctioned ships in Venezuela at risk after US tanker seizure More than 30 U.S.-sanctioned oil vessels doing business in Venezuela could face punishment by Washington after the Coast …

A likely tightening of palm oil supply driven by Indonesia’s higher biodiesel mandate is expected to support continued growth in longhaul soybean oil shipments from the Americas to Asia in …

The Nippon Foundation-GEBCO Seabed 2030 Project has announced a new partnership with Deakin University, bringing together Seabed 2030’s role in convening and inspiring global ocean-mapping efforts with Deakin’s world-class expertise …

GT Wings, the UK-based wind propulsion company behind the high-performance AirWing™ Jet Sail system, has announced the close of a significant investment round led by Grieg Kapital, the investment arm …

Harry Fafalios has been awarded lifetime membership of the Baltic Exchange in recognition of his outstanding contributions to the Baltic and the wider shipping industry. The accolade was presented by …