Hellenic Shipping News Worldwide

The doubling of blank sailings by carriers, as flagged by the Drewry Container Capacity Insight, has raised questions. In this Logistics Executive Briefing, Drewry experts provide our independent, data-backed assessment of what this wave of sailing cancellations means and what to expect. This month, a total of 136 Transpacific, Asia-Europe/Mediterranean and Transatlantic sailings have been …

With over 80% of world trade carried by sea, the shipping industry is a cornerstone of the global economy. Classified as one of the “hard-to-abate sectors”, the industry is now facing a fundamental challenge: how to transform a model that relies almost exclusively on fossil fuel-powered engines, while maintaining the fluidity of global trade? Here’s …

The maritime industry is facing a renewed level of uncertainty after the recent release of the U.S. Maritime Action Plan. In its latest weekly report, shipbroker Intermodal said that “the U.S. Administration has released its Maritime Action Plan on 13th February 2026, outlining a structured programme to rebuild domestic shipbuilding capacity, expand the U.S.-flag fleet …

Adding new cargo-carrying capacity has become more popular again. Over the past five years an upwards trend in the world merchant ship fleet’s newbuilding orderbook has unfolded. Orders for bulk carriers, tankers, container ships, gas carriers and other ship types together have expanded greatly. What has driven this acceleration? A depressed newbuilding orderbook was recorded …

According to Drewry AIS data, Capesize cargo loadings in January 2026 were the highest ever recorded for January, setting the tone for an unusually tight market. Strong demand coincided with limited fleet growth, as high delivery slippage curtailed effective supply. As a result, Capesize rates defied their usual seasonal decline. Freight rates typically soften in …

Port tariffs targeting Chinese owned operated or built ships could be back on the menu, after the recent US Maritime Plan. In its latest weekly report, shipbroker Gibson said that “it is likely that many people in the shipping industry were hoping we had seen the last of additional port tariffs in October, after the …

Capesize The week was defined by holiday-disrupted liquidity and gradually softening sentiment across both basins. Lunar New Year celebrations in China and across much of Asia curtailed participation early on, limiting activity and constraining momentum. Initial firmness on C5, with a major miner fixing at $9.50, proved short-lived. As the week progressed and Singapore returned, …

At its 13th session, the IMO’s Pollution Prevention and Response Sub-Committee agreed to recommend to the Marine Environment Protection Committee that a standalone instrument on the control and management of ships’ biofouling to minimise the transfer of invasive aquatic species should be developed. At the 13th session of the IMO’s Sub-Committee on Pollution Prevention and …

EU crude oil imports fell slightly during 2025, with volumes retreating mainly from the Arabian Gulf and from the USA. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global crude oil loadings went down by -0.2% y-o-y to 2,181.2 mln tonnes, excluding all cabotage trade, according to vessels tracking data …

In a year where “geopolitics stole almost all the headlines”, 2025 has left the shipping markets in a “constantly changing reality”, according to Jakub Walenkiewicz, principal market analyst at DNV. Speaking in an episode of DNV Market Views, Walenkiewicz said this “new world order … creates a very complex environment to understand”. Shipping markets must …