Hellenic Shipping News Worldwide

Seanergy Maritime’s Q2 2025 sees strong fleet growth

Seanergy Maritime Holdings Corp. reported its financial results for the second quarter of 2025, showcasing significant fleet expansion and positive market positioning. The company highlighted a robust cash position and favorable market conditions, although no specific earnings forecasts were provided. The stock price saw a modest increase of 1.36% to $7.38, reflecting investor confidence in …

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Bimco: Brazilian iron ore shipments rise 4%, supporting capesizes

“Between January and August 2025, Brazilian iron ore shipments are expected to rise 4% y/y, supported by stronger mining activity. Shipments to China have increased despite weaker demand, replacing shipments from Australia, Peru and India,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. Brazil is the world’s second-largest exporter of iron ore, accounting for 23% …

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The shipshape struggle in shipboard maintenance

Shipboard maintenance is critical in maintaining the seaworthiness of a vessel. Based on Skuld’s claims trend over the years relating to cargo damage, navigational accidents (collision and grounding), pollution, crew injury and fatality, many of these cases were identified due to technical failures. These technical failures are often traced to inadequate or poor maintenance practices. …

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Asian leasing models are reshaping maritime funding – opportunities for Germany

With the development of the global ship finance industry in recent years, leasing models from the Asia-Pacific (“APAC”) region, notably China and Japan, are increasingly competing with those traditionally offered by European and American bank financing. This provides new opportunities for shipowners and financiers who may not previously have dealt with such models. The decline …

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Navios Maritime Partners L.P. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2025

Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo and tanker vessels, today reported its financial results for the second quarter and six month period ended June 30, 2025. Angeliki Frangou, Chairwoman and Chief Executive Officer of Navios Partners stated, “I am pleased with the results for the …

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Guiding financial institutions in maritime investments

In the complex world of maritime finance, with technological advancements, regulatory changes and decarbonisation initiatives transforming the industry, LR has established itself as a trusted advisor helping financial institutions make critical investment decisions with confidence. At the helm of LR’s globally expanding Management Consulting and Investment Advisory division is Ambrish Bansal, who brings a decade …

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Bio-LNG in Shipping: Turning Palm Waste into a Carbon-Negative Fuel

Earlier this year, Ansuman engaged in a comprehensive discussion with Yiyong He (Yiyong), Founder/Director of Straits Bio LNG, to explore the topic of Bio-LNG. Over an in-depth conversation, Ansuman learned how Straits Bio LNG is harnessing Southeast Asia’s abundant palm oil mill waste to produce carbon-negative liquid biomethane. They also delved into the operational and …

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Court considers scope and effect of asymmetric jurisdiction clause in marine insurance policy

This decision deals with the preliminary issue of the English Court’s jurisdiction over a marine insurance dispute, rather than the substantive dispute itself. It is noteworthy, however, for two principal reasons. Firstly, it is one of the first cases to come before the English courts in relation to claims arising out of the attacks on …

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Methanol and ammonia progressing rapidly as zero-emission shipping fuels, but extra push needed to scale

Both ammonia and methanol have moved from theory to reality as zero-emission shipping fuels, according to a new report from the Global Maritime Forum’s Getting to Zero Coalition. Based on interviews with around 40 influential industry organisations, From pilots to practice: Methanol and ammonia as shipping fuels finds that both fuels are now ‘ready’ – …

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