Hellenic Shipping News Worldwide

USTR – BIMCO SHIPMAN Guidance – August 2025

In light of the Notice of Action and Proposed Actions issued under the United States Trade Representative’s (USTR) Section 301 investigation into China’s targeting of the maritime, logistics, and shipbuilding sectors, BIMCO has received inquiries regarding potential implications for ship management agreements – particularly SHIPMAN – and whether additional contractual measures may be needed. The …

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Sulnox Eurasia win targets ships’ slops

SulNOx, the green fueltech company backed by Idan Ofer and Contantine Logothetis, has secured an important patent for Eurasia in the significant fuel oil reclamation market. The patent covers Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Turkmenistan. The intellectual property protected for the “Sulnox Reclaim” product is an improved oil / water separation methodology …

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Panama Canal Celebrates 111 Years

The Panama Canal marks 111 years of operations, renewing its commitment to a sustainable future through a water strategy focused on public well-being and an operational vision that enhances the country’s logistical competitiveness. Since the waterway’s inauguration in 1914, with the historic transit of the steamship Ancón, which, for the first time, connected the Pacific …

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United Republic of Tanzania charts roadmap for info-sharing centre to boost maritime security

Progress has been made towards operationalising the National Maritime Information Sharing Centre (NMISC) in the United Republic of Tanzania to advance the country’s maritime security capabilities. A national workshop in Dar Es Salaam (4-7 August) brought together ten national agencies along with a team of IMO experts to formulate a practical and actionable roadmap for …

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Groups sue Trump agencies for using ’secret’ report to reverse core of US climate rules

Two major environmental groups announced on Tuesday they have sued the Trump administration for secretly convening a group of climate skeptics, which prepared a report that served as the basis for a reversal of U.S. rules on greenhouse gas emissions without public notice. The Environmental Defense Fund and the Union of Concerned Scientists filed the …

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SAAM Towage Panama earns recognition from the Ministry of Environment for its environmental management

SAAM Towage Panama received three awards through the Ministry of Environment’s Reduce Your Corporate Carbon Footprint program and ranked among the Top 50 on the National Emissions Registry. SAAM Towage Panama earned recognition for: • Inventory+: Reporting GHG inventories in Scopes 1 (direct emissions from fuel consumption in vehicles, electric generators and refrigerant leaks) and …

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Chart of the Week: Spotlight on Brazilian Iron Ore Shipments & C3 Market Rates

This week’s Chart Monitor highlights a significant increase in Brazilian iron ore shipments, up 18% in Q2 compared to Q1, with July volumes reaching nearly 38 million tonnes (from about 29 million tonnes at the start of 2025). This marks the strongest monthly level since the beginning of the year and outpaces the same period …

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Baltic index extends gains on higher rates across vessel segments

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose for a third straight session on Thursday, on higher rates across all vessel segments. * The main index BBDI, which tracks rates for capesize, panamax and supramax shipping vessels, added 14 points, or 0.7%, to 2,039 points, its …

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Nigeria’s seaborne import of clean petroleum products falls 39% year-on-year

“During the first seven months of 2025, Nigeria’s seaborne imports of clean petroleum products (CPP) declined by 39% compared to the same period in 2024, reaching 230 thousand barrels per day (kbpd). The decrease follows a 19% reduction during 2024,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. The reduction in imports is due to the …

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