Hellenic Shipping News Worldwide

Year after year, container ship operators face staggering losses running into many millions of dollars – much of it entirely preventable. This is the message from Capt Girish Munjal, Chief Visualiser and Content Director for MarinePALS, who says these recurring incidents are draining the industry’s bottom line. He says from refrigerated cargo damage to containers …

A new paper titled “Facilitating Global Deployment of Floating Nuclear Power Plants” has been published by the World Nuclear Association’s Cooperation in Reactor Design Evaluation and Licensing (CORDEL) Working Group. This report outlines the strategic benefits of floating nuclear power plants (FNPPs), analyzes evolving regulatory pathways, and underscores the role FNPPs could play in meeting …

Demetris Chrysostomou,CEO of Columbia Group Asia Region, has strongly rejected suggestions that Asian shipowners are falling behind their European and American counterparts when it comes to operational standards, describing such claims as “outdated and misleading.” Speaking in response to growing industry commentary around regional divides in shipping performance, Mr Chrysostomou pointed to the operational strength …

In a bold move to strengthen security across the waterways and improve cross-border trade between Nigeria’s coastal communities and neighbouring countries, seven states have advocated harmonised maritime laws. The coastal states, which came together under the aegis of the Nigerian International Coastal Border Platform, are Ondo, Lagos, Ogun, Delta, Cross River, Akwa Ibom, and Bayelsa. …

Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that it has entered into a time charter contract with Pakistan National Shipping Corporation (“PNSC” or the “Charterer”) for its M/T P. Aliki, a 105,304 DWT LR2 Aframax tanker, built in 2010. Under …

The International Maritime Organization (IMO) has approved amendments in MARPOL Annex VI, creating a Net-Zero Framework (NZF) and promoting the energy transition within international shipping, with the aim of achieving net-zero carbon emissions by 2050. While this global agreement signals a turning point, regional regulators—particularly the European Union—face pressure to align their ambitious shipping regulations …

The Persian Gulf, a vital corridor for global energy and trade, is increasingly affected by a sophisticated threat to maritime safety: the manipulation and disruption of Automatic Identification System (AIS) signals. Since mid-2025, numerous vessels have reported incidents of AIS spoofing and GPS jamming, with ships falsely appearing to have called at ports in sanctioned …

Shipping’s reliance on outdated, paper-driven compliance processes is putting unnecessary strain on crews and undermining safety, warns Fabian Fussek, Co-Founder and CEO of Kaiko Systems. The company is calling for digitalisation to be recognised as a tool to empower, not replace, seafarers. “On too many vessels, seafarers are still buried in paper logs, excel sheets, …

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with Oldendorff Carriers GmbH & Co. KG, for one of its Post-Panamax dry bulk vessels, the m/v …

Erin, the first hurricane of the 2025 Atlantic season, has been downgraded to Category 3, the U.S. National Hurricane Center said early on Sunday, as the storm’s wind speed eased slightly. The hurricane was about 330 miles (530 km) east-southeast of Grand Turk Island packing maximum sustained winds of 125 mph (205 kph). It had …