Hellenic Shipping News Worldwide

Demand for raw materials, like iron ore, could lower in the coming years, as a result of a trend towards higher-value products, among leading producers. In its latest weekly report, shipbroker Intermodal said that “China’s aluminium powerhouse is approaching a hard ceiling. After two decades of relentless expansion that lifted the country’s share of global …

The maritime industry has always prized experience in decision-making. For decades, design choices, operational decisions and investment strategies have been shaped by what had worked before – tested methods passed from shipyard to shipyard, manager to master, build to build. But in today’s increasingly complex shipping environment, where the stakes are higher, margins tighter and …

Using VesselsValue (a Veson Nautical solution) data, we take a look at who controls the largest vessel portfolios and how the global fleet measures up against increasingly stringent environmental benchmarks. As the industry faces mounting pressure to decarbonise and regulatory frameworks tighten worldwide, understanding both market concentration and sustainability performance has never been more critical …

The Panama Canal Authority introduced the “Disruption Charge” tariff to minimize transit delays and/or disruptions by reducing vessel incidents during transit and to encourage vessels to rectify the deficiencies or report them in a timely manner if they cannot be rectified. Financial impact A disruption charge is applied to vessels whose transits are aborted or …

The Hellenic Management Centre (HMC), in collaboration with Queen Mary University of London (QMUL), is proud to continue offering the Executive Course in Shipping Law, now in its third year. This well-established online prograμ is designed for maritime professionals and law graduates seeking a solid foundation in shipping law to enhance their current roles and …

Global Head of Loss Prevention This year’s World Maritime Day, and its theme of “Our Ocean, Our Obligation, Our Opportunity”, underline the vital role oceans play in sustaining life, livelihoods, and the global economy. Our oceans provide half of the oxygen we breathe, feed billions of people, regulate the climate, and enable over 80% of …

Demand for tankers could retreat as a result of an increase in oil stock supply. In its latest weekly report, shipbroker Gibson said that “more and more analysts expect the oil market to move into significant surplus next year. The IEA sees oversupply of 3.3 mbd in 2026, while the EIA forecasts 1.7 mbd. Independent …

Capesize The Capesize market retained an overall firmer tone through the week, though momentum eased into the close. The BCI 5TC advanced from just under $28,000 at the start of the week, pushing through the $30,000 threshold before easing slightly to finish at $30,076. In the Pacific, miner presence was initially strong, ranging from two …

In 2024 and the first half of 2025, global shipping continued to navigate uncertainty and volatility amid ongoing disruptions in the Red Sea and Black Sea. Starting in 2025, new developments amplified existing challenges. These comprised trade policy shifts and tariffs; heightened geopolitical tensions posing fresh risks in the Strait of Hormuz, a critical maritime …

The Club has seen a recent spate of pollution incidents involving the discharge of grey water within territorial waters which fall outside of what is permitted by the local port state authority under national legislation. These incidents have resulted in detentions and fines from Port State Control. Grey water is defined as wastewater originating from …