Hellenic Shipping News Worldwide

Today, Tuesday, October 07 2025, the Baltic Dry Index climbed by 15 points, reaching 1947 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry …

China and India’s crude demand are set to continue supporting demand in the tanker market. In its latest weekly report, shipbroker Intermodal said that “the crude tanker market in September saw a marked upswing, with rates rising to their highest levels in years. Rising crude imports from Asia, supported by USG-Asia arbitrage flows, boosted ton-mile …

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, snapped a six-day losing streak on Monday, buoyed by stronger capesize vessel rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 31 points to 1,932 points. The capesize index rose 104 …

Ammonia is gaining traction as a marine fuel, backed by regulatory progress, engine innovation and early fleet adoption. Due to high costs and infrastructure gaps, shipowners are advised to plan strategically when choosing the right future fuel. How far and fast ammonia as an alternative fuel can propel shipping decarbonization is examined in the DNV …

Global shipping markets remain shaped by significant structural disruptions. The EU ban on Russian oil imports and ongoing Suez Canal diversions are extending voyage distances and tightening vessel supply. These developments provide strong support for current freight rates. However, the market faces added complexity from a substantial shadow fleet transporting sanctioned crude and products from …

Danaos Corporation announced today that it plans to commence an offering of up to $500 million of Senior Notes due 2032, subject to market conditions and other factors. The notes are to be offered and sold in a private offering exempt from the registration requirements under the U.S. Securities Act of 1933, as amended (the …

Safe navigation is one of the most significant factors in preventing maritime incidents, and helmsman performance remains a critical part of this process. Manual steering may be engaged during pilotage, arrivals and departures from port, anchoring, heavy traffic, restricted visibility, heavy weather, coastal navigation, or whenever ordered by the master and company Safety Management System. …

Today, Monday, October 06 2025, the Baltic Dry Index climbed by 31 points, reaching 1932 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry …

After 2.5 years, Kurdish crude has been flowing once again. In its latest weekly report, shipbroker Gibson said that “Saturday saw the resumption of Kurdish crude flows through the Kirkuk-Ceyhan pipeline after a halt of two-and-a-half years, with initial flows set at 150-160 kbd. Already a tanker is on the berth at Ceyhan, loading Kurdish …

Capesize The Capesize market endured a challenging week, marked by a steady decline in rates and a sharp deterioration in sentiment midweek. The BCI 5TC fell from just above $29,000 on Monday to $22,595 by week’s end, pressured by unconfirmed reports that China’s state-run buyer CMRG had suspended BHP iron ore purchases. While BHP shipments …