Hellenic Shipping News Worldwide

As oceans warm and weather patterns grow more unpredictable, cargo losses linked to heat and moisture are increasing. Understanding how climate conditions affect cargo is becoming essential to managing risk and preventing claims. Cargo claims linked to heat, moisture and severe weather are becoming increasingly common across global trade routes. Losses that were once regarded …

Shipbuilding ordering activity, but also deals in the S&P market have continued to pour in during the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, Japan’s Kawasaki shipyard secured an order for 2 x 210,000 newcastlemax vessels from Kumiai Navigation in Singapore. The price for each vessel …

Nuclear propulsion, dormant in commercial shipping for decades, is gaining renewed interest as the industry seeks scalable, zero-emission solutions. Apart from being an energy source which produces no emissions, nuclear propulsion offers other advantages, such as stable, predictable energy costs, enhanced operational flexibility (including the economic feasibility of higher speeds), and reduced reliance on traditional …

Shipping rates for crude oil tankers were at multi-year highs at the end of 2025 before falling in early 2026. Rates climbed in the fall of 2025 because of increased demand for crude oil shipments, particularly from buyers in East Asia, limiting the number of vessels available for bookings. In this analysis, we look at …

New market dynamics could be in store for the dry bulk shipping markets, because of China’s latest policy requirements in steel and iron ore industries. In its latest weekly report, shipbroker Intermodal said that “China has started 2026 with two signals that matter for bulk shipping in different ways. One is policy-driven and hits steel …

Fleet renewal measures announced by Frontline and CMB.TECH this week suggests that crude tanker companies are focused on having a modern and fuel-efficient fleet. This is despite the NZF (Net-Zero Framework) delay, which we saw in October 2025, suggesting that stricter GHG regulations will continue to play a dominant role in shipping space. In this …

Methane slip in marine vessels is the small amount of methane gas that doesn’t burn in the engine and instead ‘slips’ out into the atmosphere. Methane slip is a challenge for vessels that use LNG as fuel, with tightening emissions regulations making it an increasing concern. Wärtsilä is a leading expert in reducing methane slip, …

Refined oil products have also been the subject of EU sanctions against Russia and the latest package entering into effect has had a significant effect on the market. In its latest weekly report, shipbroker Gibson said that “in the summer of last year, the EU published its 18th sanctions package, announcing a ban on imports …

Capesize The market delivered a strong performance over much of the week, with sentiment and rates firming across both basins before a late-week correction tempered the rally. Early in the week, robust miner participation, healthy cargo volumes and tightening tonnage lists underpinned a steady rise in Pacific rates. C5 steadily climbed into the mid-to-high $8.00s. …

Drewry expects LNG shipping rates to improve in 2026, driven by demand acceleration and LNG supply expansion. However, a significant rebound is still unlikely, as fleet expansion continues to outpace liquefaction build-up. This is highlighted in the 2026 schedule: over 65% of annual deliveries are scheduled for 1H26, while 60% of new supply is expected …