Hellenic Shipping News Worldwide

Russia’s shadow tanker fleet has at least tripled since the 2022 invasion. US-EU sanctions are steadily blacklisting hundreds of ships, pushing up the cost of evasion and shrinking safe harbours. Operators are masking ownership through shell firms, swapping flags and IDs, and darkening AIS signals to stay ahead. Any charterer, insurer or financier dealing with …

The 12-day war between Iran and Israel highlighted, once again, the vulnerability of energy routes, with stakeholders now calling for a diversification of energy sources. In its latest weekly report, shipbroker Intermodal said that “amid a fluid and fast-evolving geopolitical landscape in the Middle East marked by geostrategic calculated moves, energy and shipping markets are …

Owners and Charterers – question four Fast-paced regulatory, technological and contractual change continues to drive maritime decarbonisation, with numerous fresh challenges emerging day-to-day. To assist you in navigating these changing times, by focusing on the practical issues likely to impact your business directly, we continue 2025 by illuminating five key maritime decarbonisation questions. This week …

The 110th session of the Maritime Safety Committee (MSC 110) was held from 18 to 27 June 2025. The session adopted SOLAS amendments to improve the safety of transfer arrange- ments for pilots and other personnel embarking and disembarking ships, and made significant progress on a new non-mandatory code of safety for autonomous ships (MASS …

The crude tanker markets are expected to remain supported from the long term oil market fundamentals. In its latest weekly report, shipbroker Gibson said that “earlier this month, the International Energy Agency (IEA) released their annual report detailing a medium-term outlook for oil markets. Oil 2025 has reiterated last year’s assertion that global oil demand …

Capesize The Capesize market experienced a marked decline this week, with sentiment steadily weakening amid persistently low activity across both the Atlantic and Pacific basins. A key factor was the prolonged absence of all major C5 miners in the Pacific, which led to mounting vessel supply and further dampened sentiment. As a result, C5 fell …

As the maritime industry navigates through a vortex of geopolitical uncertainty, climate extremes, and supply chain bottlenecks, one reality becomes increasingly clear: traditional hull and machinery insurance and P&I cover is not enough. In times of war, pandemic spillover, port strikes, and unforeseen shutdowns, shipowners and charterers alike face a glaring exposure — delays. And …

China’s iron ore imports have been dropping so far in 2025, based on the latest data. In its latest weekly report, shipbroker Banchero Costa said that “2024 was another positive year for global seaborne iron ore trade. In Jan-Dec 2024, global loadings of iron ore increased by +2.3% y-o-y to 1,669.2 mln tonnes, based on …

This week’s Market Monitor highlights a notable shift in thermal coal trade flows, particularly in the evolving import strategies of China and India. According to the latest dry bulk flow data, Indonesia continues to account for 48% of global thermal coal exports, with Taboneo and Muara Berau remaining the most active origin terminals. However, Chinese …

The oceans have long been central to global trade, but a recent directive from Washington is poised to transform them into a new frontier for mineral extraction, opening a potentially lucrative angle for the shipping industry. On April 24, 2025, President Donald Trump issued an Executive Order, titled, “Unleashing America’s Offshore Critical Minerals and Resources”, …