Hellenic Shipping News Worldwide

Orders for container ships were on the rise last week. In its latest weekly report, shipbroker Banchero Costa said that “in the container sector, MSC placed an order of 3 x 22,000 teu vessels to Chinese shipyard CMHI Quindao and they will feature LNG dual fuel propulsion. The price for each vessel is estimated between …

The VLCC freight market has gained momentum in the first half of 2025, with earnings generally higher compared to the latter half of 2024. This improvement comes despite various uncertainties and evolving market dynamics, illustrating the market’s resilience. One significant driver has been the impact of tariffs, particularly the threat of US tariffs on China. …

When the International Hydrographic Organisation (IHO) introduced S-57 in 1992, it marked a milestone in maritime history. For the first time, the industry had a unified standard for hydrographic data, laying the foundations for Electronic Navigational Charts (ENCs) and enabling safer, more efficient international trade. More than 30 years later, the maritime community is preparing …

China’s coal import policy is shifting and this could impact the dry bulk market. In its latest weekly report, shipbroker Intermodal said that “after setting an all-time high for coal imports in 2024, China appears to be entering a new phase of recalibration. Preliminary data for 2025 points to a significant deceleration in seaborne coal …

As part of a broader cooperation between the International Maritime Organization (IMO) and Women’s International Shipping & Trading Association (WISTA), the IMO–WISTA Women in Maritime Survey 2024 presents data on the proportion of women working in the sector from member states and the private sector. It offers new insights following an inaugural survey, conducted in …

The Philippine government sought to introduce a ban on nickel ore exports from 2030 to enhance domestic processing capabilities and advance up the value chain. This decision was rescinded in mid-June, and this insight will look into the effects this will have on freight in the region. Why did the Philippines propose a nickel ore …

The tanker market has been impacted heavily by the US policies during the first half of 2025. In its latest weekly report, shipbroker Gibson said that “almost every year since 2020 has been a rollercoaster ride, and the first six months of 2025 were no different with a wide range of factors influencing the tanker …

The year 2025 ushered in dramatic shifts, driven by US policy changes under President Trump. Emphasizing an “America first” agenda, the US imposed protectionist tariffs and quotas targeting China, the European Union, Canada, and others. This upheaval nearly halted China-US trade, with negotiations ongoing and final tariff levels remaining uncertain. The threat of punitive tariffs …

Capesize The Capesize market showed signs of stabilisation this week following a period of softness, with improvements in the Pacific basin and a more balanced Atlantic. In the Pacific, C5 rates gradually firmed, rising from $6.90 early in the week to $7.44 by week’s end. All three major miners were active and fixing volumes increased, …

Iraq crude oil exports have kept on retreating during the first five months of 2025, continuing the downward trend of 2024 at a heightened pace. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global crude oil loadings went up by a modest +0.4% yo-y to 2194.6 mln tonnes, excluding all …