Hellenic Shipping News Worldwide

Good performance from the operating businesses delivered an EBITDA of USD 48 million in the second quarter. The Wilhelmsen group further received strong contributions from associates. This resulted in a net profit of USD 257 million for the period. Total income for the group was USD 315 million, up 5% from the second quarter of …

Ocean Network Express (ONE) is pleased to announce the launch of our new “Door Delivery” service in Saudi Arabia to enhance your inland logistics needs. The ONE stop transaction provides you with the seamless and competitive intermodal solution from the port of discharge to your last-mile door destination, and vice versa. Key Service Highlights – …

In July 2025, the Company achieved average time charter equivalent rate (“TCE”)* of approximately US$31,700 per day, gross, for the Company’s vessels trading on index-linked time charter including average daily scrubber benefits of approximately US$1,400 per day. The Company had 186 operational days in July 2025. The Baltic 5TC Capesize Index averaged US$22,008 during July …

We’re excited to announce that Aize has signed a Memorandum of Understanding (MoU) with McDermott to strengthen our presence and collaboration in the Middle East. This strategic MoU spans the entire project lifecycle – from EPC through pre-operations to full Operations, starting with a focus on Qatar, with the UAE & Saudi under consideration for …

The optimization of cargo discharge operations (CDO) is a digital service developed by DNV to help tanker operators realize fuel and cost-saving potential when discharging cargo at terminals or ship-to-ship. Neglected in the past, when bunkering was inexpensive and carbon intensity was not a concern, this process is attracting more attention today. The need to …

Capesize The Capesize market held broadly steady this week, moving within a narrow range as sentiment shifted between softer patches and bursts of firmer activity. In the Pacific, early caution prevailed despite multiple miners in the market, with C5 rates dipping below $10 midweek, rebounding to the low $10s as operator-led fixtures gained traction, then …

Clean LR2 LR2 freight in the MEG weakened this week with reports of demand reduced for the size over the last few days. The TC1 75kt MEG/Japan index dropped from WS151.94 to WS144.17. A TC20 90kt MEG/UK-Continent trip also lost $125,000 of value to $4.03mill. West of Suez, Mediterranean/East LR2’s ticked up gently by $31,000 …

Digital transformation in offshore operations doesn’t begin with most advanced complex solutions —it starts with solving the everyday data access issues engineers face. Aize’s digital twin is doing just that for FPSO operators. Why Data Alone isn’t the Answer The oil and gas industry has never had a shortage of data. But for the technicians, …

Ocean Yield AS (“Ocean Yield” or the “Company”) announced that, together with vehicles managed by KKR (“KKR”), a leading global investment firm, it has agreed to purchase 100% of the shares in CapeOmega Gas Transportation AS (“CapeOmega”) from Partners Group, acting on behalf of its clients. CapeOmega co-owns ten LNG carriers operated by Knutsen LNG, …

As the global transition to electric vehicles (EVs) accelerates, the maritime industry faces a new type of safety challenge. The Maritime Technologies Forum (MTF), a coalition of flag states and classification societies, has sought to address these challenges in its March 2025 report on the safe carriage of electric vehicles at sea. This document aims …