Hellenic Shipping News Worldwide

Newbuilding ordering activity rose last week, with more owners contracting vessels. In its latest weekly report, shipbroker Banchero Costa said that “in the container sector, Greek company Danaos Shipping placed an order of 2 x 7,500 teu carriers to China’s Dalian Shipbuilding. The price for each vessel is $80 mln and deliveries are set for …

The shipping sector is still off track to meet its climate target of having at least 5-10% of the fuel used in international shipping come from scalable zero-emission sources by 2030, according to a new progress report. The fourth annual report of its kind, Progress towards shipping’s 2030 breakthrough – 2025 edition, follows the International …

China’s LPG market has been on a rollercoaster ride this year, caught between tariff wars, volatile petchem margins and shifting supply patterns. Following the lows in June, the country’s LPG imports began to recover in July owing to robust feedstock demand from PDH plants and temporarily eased geopolitical headwinds, after the second 90-day pause of …

In October, the International Maritime Organization will make a crucial decision on the adoption of the Net-Zero Framework. The Getting to Zero Coalition, which includes over 180 companies active in the global shipping industry, calls on IMO Member States to adopt the framework. A failure to do so risks significant negative consequences for the shipping …

In October, the International Maritime Organization will make a crucial decision on the adoption of the Net-Zero Framework, the global regulator’s plan to achieve its decarbonisation strategy. This Q&A explains what’s included in the framework, how the regulations will work, the industry’s likely next steps after it is adopted, and what might happen if the …

The new service aims to support the shipping industry in safely and efficiently adopting biofuels to reduce greenhouse gas emissions. Lloyd’s Register (LR) has launched its new Biofuel Advisory service at London International Shipping Week to help shipowners, fuel suppliers and producers adopt biofuels safely and at scale. Biofuels are emerging as one of the …

What is STIP and why is it key to accelerate the decarbonisation of transport in Europe? The European Sustainable Transport Investment Plan (STIP) is a proposal aimed at mobilising and coordinating investment in the transport sector under a single framework. This strategic European initiative is key to unlocking the financing urgently needed to decarbonise the …

Geopolitics are increasingly shaping the current tanker market landscape. In a recent weekly report, shipbroker Intermodal said that “Nigeria’s oil industry is enjoying a rare moment of momentum. After years of underperformance and insecurity in the Niger Delta, production has rebounded sharply, averaging 1.71 million barrels per day in July—almost 10% higher than the same …

Every year, the Port State Control (PSC) selects a particular area of ship safety or environmental regulation for closer scrutiny as part of its Concentrated Inspection Campaign (CIC). This autumn, over September and November 2025, the focus will be on ballast water management. Inspectors under the Paris and Tokyo MoUs will be paying extra attention …

What began as a predictable point-to-point trade has transformed into a complex web of geopolitical calculations, environmental compliance, and strategic fleet planning that will define energy security for the next decade. The Disruption Reset The numbers tell a stark story. Nearly 60 LNG carriers sat idle by late July 2025, whilst charter rates traded at …