Hellenic Shipping News Worldwide

The ship recycling markets have remained weak over the past few days. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that in India, “the market softened during the week, with values continuing to face downward pressure amid weak overall sentiment. Ongoing currency weakness continued to weigh on buyer …

From Monitoring to Intervention The dark fleet – tankers engaging in dark activities while moving sanctioned oil, cycling through false flags, and obscuring ownership – has continued to expand, reaching more than 1,900 vessels by the end of Q3. Governments had visibility into this activity. What was less consistent was how that intelligence translated into …

Veson Nautical today announced the release of its free 2025 End-of-Year Shipping Market Report, a comprehensive 60+ page analysis examining the forces that shaped global shipping markets throughout the year. The report combines Veson’s proprietary datasets with expert analytical insight to provide maritime professionals with a clear, data-backed understanding of shifts in asset values, fleet …

Ship owners have intensified their investment in the newbuilding and S&P markets over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, German owner Neu Seeschiffahrt placed an order of 6 x 342,000 dwt ore carriers to China Merchants Heavy Shipyard. All 6 vessels are dual fuel …

FFA market more positive for the first quarter of 2026, despite downside risks to fundamentals and strong fleet growth next year London and Singapore, December 15, 2025. The dry bulk freight market has been unexpectedly strong in recent weeks, a sharp contrast to the first half of the year, notes MSI’s HORIZON Dry Bulk December …

Ship financiers’ lending portfolios are getting closer to reaching climate alignment with the International Maritime Organization’s (IMO) ambitious decarbonisation trajectories, with average scores against the ‘minimum trajectory’ improving by nearly 8 percentage points. The news was revealed today in the Sixth Annual Disclosure Report of the Poseidon Principles, the world’s first sector-specific framework for financial …

Soybean cargoes have been gaining market share in the dry bulk shipping trade. In its latest weekly report, shipbroker Intermodal said that “soybeans have again emerged as one of the most influential variables for dry bulk demand, especially for Kamsarmax vessels that anchor the Brazil–China and US–China export corridors. Today’s combination of ongoing US–China trade …

Ship financiers’ lending portfolios are getting closer to reaching climate alignment with the International Maritime Organization’s (IMO) ambitious decarbonisation trajectories, with average scores against the ‘minimum trajectory’ improving by nearly 8 percentage points. The news was revealed today in the Sixth Annual Disclosure Report of the Poseidon Principles, the world’s first sector-specific framework for financial …

Drewry expects volatility to persist in LPG shipping in 2026, amid a surging fleet, concerning petchem demand as well as slow (yet resilient) global economic growth and some geopolitical events overshadowing the expected rebound in trade. Accordingly, VLGC TC rates are expected to fall 5% in 2026, averaging $40,000pd. However, the drop is moderate compared …

A fleeting peace deal in Ukraine is still the case, but with progress being made, tanker market analysts are trying to gauge the potential impact in demand and supply. As such, any significant shift in tonne miles in the crude tanker market, would come from a lifting of the EU embargo on Russian oil. In …