Hellenic Shipping News Worldwide

This week’s analysis examines iron ore freight market trends with a special focus on the emerging iron ore supply powerplay: Simandou’s Rise, Vale’s Moves, and BHP’s Growing Risk The Simandou project is advancing through key development milestones and is set to introduce a significant new stream of high-grade iron ore into the global market. Vale …

The path to maritime decarbonisation, while technologically feasible, remains beset with regulatory fragmentation, acute contractual uncertainty, and a critical shortage of human capital investment, according to a panel at the Baltic Exchange Dry FFA Forum in October. The conclusion among the speakers was clear: while ships are increasingly prepared for a cleaner future, the fuel, …

Signal Ocean’s preliminary data, derived directly from Voyage Details movements, indicate a sharp reversal in U.S. crude oil flows in November, following a standout performance in October. Flows climbed to 129.8 M barrels in October 2025, the strongest monthly level of the year and the culmination of steady growth from August through October. However, early …

Mikkel Skou, Executive Director of Veracity by DNV Mikkel Skou is Executive Director of Veracity by DNV, with over 25 years of experience driving digital transformation across the maritime and energy sectors. With expertise in digital ecosystems, AI, and innovation, he leads Veracity’s mission to deliver trust, transparency, and business value through digitalization and collaboration. …

The English Court of Appeal has addressed the appropriate interpretation of clause 29 of the BIMCO Barecon 2001 standard form of bareboat charter – the clause which concerns the repossession of a vessel following early termination. The Court of Appeal has confirmed that repossession of a vessel upon termination must be prompt and practical – …

“Due to low contracting volumes in 2022, the crude tanker order book/fleet ratio bottomed out at 2.8% in March 2023. It has climbed steadily since and has now hit a nine-year high of 14.1%. The order book may kickstart the renewal of a fleet that has grown older on average since 2018,” says Niels Rasmussen, …

This was a dispute relating to mergers and acquisitions (M&A) advisory work carried out in respect of the merger of two crude oil tanker operators. The Court dismissed the advisory company’s claim in restitution for more than US$11.5 million for services it provided in connection with the transaction which it claimed went beyond the scope of …

Baltic Exchange has launched a new Time Charter Equivalent (TCE) earnings calculator, designed to bring clarity and consistency to freight assessments in an increasingly complex market. The calculator builds on the Baltic’s long-standing TCE methodology, which has been in use since 2008. Users can see the constituent parts of the standard calculation, including income lines, …

A doubling of cargo capacity in the past nine years has been achieved by the China-owned fleet of merchant ships – bulk carriers, tankers, container ships, gas carriers and other ship types. Newbuildings on order now comprise almost a fifth of the fleet, a doubling in a few years, implying further robust expansion. What is …

Infoplaza introduces i-nav, an integrated maritime platform that combines advanced voyage optimisation, automated vessel reporting, and built-in regulatory compliance. Designed for offshore operators and maritime companies, i-nav helps streamline decision-making, reduce fuel consumption, and ensure robust compliance under modern rules. As the maritime sector faces increasing pressure to reduce emissions, control costs, and meet new …