Hellenic Shipping News Worldwide

Designing offshore vessels for market resilience

As costs rise and forecasts shifts, owners are seeking designs that balance opportunity across offshore wind and oil and gas. Jon Inge Buli, Head of Offshore SGA, Wärtsilä, explores how vessel owners and designers can build resilience into new tonnage to hedge risk and capture opportunity across these two sectors. Resilience depends on adaptability, a …

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Tanker Market: Venezuela Throws Another Big Question Mark

The tanker market is facing another big question mark after the latest developments in Venezuela. In its latest weekly report, shipbroker Xclusiv said that “2026 opens with a reminder that “seaborne trade” is not just demand and fleet numbers. It is politics, enforcement and the simple ability of a ship to load and sail. Venezuela …

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China’s demand is the heaviest factor for commodities in 2025

In 2025, seaborne dry bulk flows showed mixed trends across major commodities. Iron ore exports grew modestly, with China remaining the dominant importer despite a slowdown in domestic steel production. Coal shipments fell, reflecting China’s rising domestic production and shift toward renewables. Bauxite flows surged, driven by strong Chinese aluminium production and, more recently, due …

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Suez Canal transits still 60% down 100 days after the last Houthi attack

“100 days ago, on 29 September, the Minervagracht was to become the last ship to be attacked by the Houthis, at least for now. Forty-three days later, the Houthis declared an end to their attacks on ships. Despite this, traffic through the Suez Canal have not significantly increased and in the first week of 2026 …

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Dry Bulk Shipping: Indian Coal Imports Declining

India’s coal imports have been declining, affecting seaborne coal demand. In a recent weekly report, shipbroker Banchero Costa said that “in Jan-Sep 2025, global seaborne coal loadings declined by -4.3% y-o-y to 967.4 mln t (excluding cabotage), based on vessel tracking data from AXS Marine. In Jan-Sep 2025, exports from Indonesia declined by -9.6% y-o-y …

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Shipping’s Green Technology Tracker: 2025 Review

Clarksons Research have released their latest Green Technology Tracker, including full year 2025 data points, charting the progress of alternative fuel uptake and investments in energy saving technologies across the global shipping fleet. Summarising the latest Tracker, Steve Gordon, Global Head of Clarksons Research, commented: “With the geo-political and industry consensus on emissions regulation stalling …

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Signal Group: Venezuela, Russia, and the Oil Balance

Renewed attention on Venezuela’s oil sector has re-entered market discussion alongside the continued geopolitical reshaping of global crude trade flows. For freight markets, the relevance of these developments lies less in oil reserves potential or political signalling and more in how existing and incremental barrels interact with supply–demand balances, price structure, and established trade routes. …

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Shipbuilding: Where Does Japan’s Shipyards Stand Ahead of 2026?

Much of last year’s focus has been around the attempted rebirth of US’ shipbuilding industry, amid links with S. Korea. It would be interesting to see where Japan’s shipyards stand. In a recent weekly report, shipbroker Intermodal attempted exactly that, noting that Japan’s shipbuilding industry is still among the world’s top three but grappling with …

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Shipping technology and freight markets: a review of 2025 and signals for 2026

Understanding freight markets has always required piecing together information from multiple and often fragmented sources. From rates, vessel supply, availability, to cargo demand and port congestion, you can rarely find these sources in a single, structured dataset. Instead, most of the sources and data about such valuable commercial intelligence lie scattered across thousands of emails, …

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Venezuela: A Maritime Domain Growing More Opaque

Venezuela’s maritime environment is undergoing a profound and accelerating transformation. Over the past year, a surge in opaque and unconventional vessel behavior has emerged across its surrounding waters. This activity spans foreign strategic actors, transnational criminal organizations, and offshore commercial facilitation networks. While each of these domains has historically presented its own risks, the patterns …

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