Hellenic Shipping News Worldwide

For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked contracts or requires regional visibility/coverage beyond the eight trade lanes provided below, contact our ocean freight cost benchmarking team. Drewry’s World Container Index decreased 5% to $1,669 per 40ft container this week. Our …

Asia fuel oil markets softened at the end of the trading week, as ample prompt supply continued to weigh on recovery. Malaysia’s PRefChem continued to offer residual fuel. The refiner offered 540,000 tons of low-sulphur atmospheric residue for loading between October 12 and 13 in its latest tender, which will close next week, market sources …

The Boracay, a tanker under Western sanctions on suspicion of being part of Russia’s “shadow fleet” and also facing a separate investigation by French authorities, has set sail from where it was anchored off western France, according to MarineTraffic data. It was unclear why the vessel, which was heading southwest down the Bay of Biscay …

Baleària is taking another step forward in its roadmap towards decarbonisation and has begun regularly incorporating bioLNG in its operations. The Margarita Salas, Abel Matutes and Rusadir vessels, which have dual gas engines, have been powered exclusively by this renewable fuel since the beginning of September. The company has procured 132 gigawatt-hours (GWh) of bioLNG, which will allow the …

North America Bunker fuel demand in Houston has seen a modest uptick this week. Availability of HSFO has tightened significantly, with current recommended lead times of 10–12 days and premiums rising accordingly. VLSFO supply has also been tightening in Houston, but is relatively better than HSFO, with suppliers recommending 5–7 days of lead time. LSMGO, …

As we enter the final quarter of 2025, supply chains across Asia-Pacific continue to evolve amid ongoing macroeconomic uncertainty and shifting trade policy. In this edition, we provide a snapshot of current conditions across ocean, air, inland, and contract logistics, along with the latest regulatory developments affecting regional and global trade. Maersk remains focussed on …

The global air cargo market is on course for +3-4% growth in demand in 2025 based on current trading conditions, but after unexpectedly high volumes over the summer, September’s data showed signs of growth slowing heading into the final quarter of the year, according to industry analysts Xeneta. At what would traditionally be seen as …

ABS awarded a statement of compliance certificate to AVIKUS Co., Ltd., for the fuel-saving verification framework that AVIKUS has developed for HiNAS Control, an autonomous navigation system. ABS joined AVIKUS, shipping company HMM Co., Ltd., and the Liberian International Ship and Corporate Registry in a project to assess the fuel-saving potential of the navigation system …

Marine Medical Solutions, a member of OneCare Group, is calling for stronger safeguarding measures to protect seafarers, including the introduction of mandatory declarations for crew members living with HIV, Hepatitis B, or Hepatitis C. Currently, seafarers are not required to declare these conditions before boarding a vessel. While this is intended to avoid stigma and …

India’s palm oil imports in September fell to their lowest level in four months, as refiners replaced palm oil with cheaper soyoil, according to five dealers. Lower palm oil and higher soyoil imports by India, the world’s largest buyer of vegetable oils, could weigh on the benchmark Malaysian palm oil futures while supporting U.S. soyoil …