Hellenic Shipping News

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). I. PROFITABILITY AND LIQUIDITY Q1 2026 Adjusted Net Income from Continuing operations1 available to …

Teledyne Technologies Incorporated (NYSE:TDY​) (“Teledyne”) today announced the unification of ChartWorld and Raymarine Commercial under a single commercial navigation brand, Raymarine Commercial. As part of the unification, ChartWorld’s commercial navigation …

ABS, through its affiliate ABSG Consulting Inc. (ABS Consulting), has today announced the acquisition of RMC Global (RMC), a leading provider of industrial cybersecurity, risk management and resiliency solutions. The …

Wintermar (WINS:JK) records attributable net profit growth of 194%YOY to US$4.8million for 1Q2026 on 47.8% YOY revenue growth. Owned Vessel Division With more High Tier vessels in operation since December …

Chief executives of major Danish shipping companies have expressed concerns over inflated costs of shipping due to the ongoing geopolitical turmoil in the Middle East. The US-Israel conflict with Iran …

bound4blue has completed the second in an agreed rollout of five ‘plug and play’ suction sail installations across Maersk Tanker’s advanced fleet of medium-range (MR) tankers. The project saw four …

Corvus Energy, the leading provider of zero‑emission energy solutions for the maritime industry, has received DNV Cyber Security Type Approval for its Dolphin NxtGen Battery Energy Storage System (BESS). See …

Russia has reportedly built up a flotilla of old oil tankers of opaque ownership to get around sanctions imposed by the European Union. Sweden has confiscated a cargo ship believed …

The new company Cityboat has ordered a state-of-the-art, electric passenger vessel to offer silent, pollution-free travel for passengers and tourists on the idyllic islands around Haugesund. The vessel is being …

In the crude oil tanker market, conditions remained firm in the first half of the fiscal year, as in the previous fiscal year. From September onwards, the vessel supply-demand balance …

The publication of EUROKAI’s 2025 Annual Report confirms the positive performance of the Contship Group, which closed the year with net revenues of €293 million, up 10.9% compared to 2024, …

During the week, the global bunker market resumed a clear upward trajectory, driven by persistent geopolitical tensions in the Middle East and the absence of any visible de-escalation signals. Market …

Odfjell posts its 1Q26 results next week with figures guided to be weaker QoQ. The uncertainty in the Middle East persists. Double blockades imply that the conflict may take even …

The Drewry World Container Index (WCI) declined for the third consecutive week, easing 1% to $2,216 per 40ft container, due to softer rates on Asia–Europe, Transpacific and Transatlantic trade routes. …

While the situation in the Middle East remains uncertain amid stalled peace talks and the continued closure of the Strait of Hormuz, the dry bulk segment is still largely unscathed. …

New UNCTAD dashboard tracks risks across shipping, energy, food and finance as shocks from the Strait of Hormuz spread through the global economy. What began as a shipping disruption in …

Cargo owners’ willingness to pay (WTP) a premium for low-carbon fuels is crucial to maritime sector decarbonization. But this year, the results of BCG’s annual Shipping Decarbonization Survey reveal a …

BIMCO’s Documentary Committee has adopted a new time charter party which has been developed specifically for the maritime transport of liquefied carbon dioxide (LCO₂). The form, CO2TIME 2026, responds to …

Taking place on June 17 – 18 in Genoa, the Genoa Maritime Forum will bring together a diverse audience of maritime professionals from across the globe. The event will welcome …

Global maritime welfare charity Sailors’ Society and ITF Seafarers’ Trust are celebrating the successful completion of their year-long transformative partnership in Africa. Together, they have equipped more than 1,000 cadets …

Ahead of next week’s Offshore Working Group meeting of the European Commission’s European Sustainable Shipping Forum (ESSF), the Royal Belgian Shipowners’ Association (KBRV) sends a stark warning about the looming …

Ardmore Shipping Corporation provided the following update on capital allocation, vessel sale, and latest TCE guidance. Fleet Investment The Company signed contracts for the construction of two highly-efficient and versatile …

The Mission to Seafarers is pleased to announce the appointment of Guy Platten as its new Chair. A Chartered Master Mariner and one of the maritime industry’s most respected figures, …

Seaside LNG, North America’s premier integrated LNG bunkering platform, today announced the appointment of a newly formed C-suite leadership team to guide the company’s next chapter of growth. As the …

Introduction In recent years, a number of claims have arisen at the discharge port, often following long ocean voyages where pre‑existing cargo conditions have become apparent at discharge. This Risk …

Global top 10 marine fuels supplier, Monjasa, has reflagged the first of an expected three United Arab Emirates-based tankers from the Liberian registry to the UAE flag. The official reflagging …

China’s achievements in port electrification and the green transformation of shipping have played a positive role in advancing the global maritime sector’s decarbonization, Secretary-General of the International Maritime Organization (IMO) …

Chinese green energy firm Guangdong Liquid Sunshine will build a 75,000 mt/year biomethanol plant in Guangxi Province. Construction of the plant is expected to begin this year, but the company …

The US Treasury Department has rolled out sanctions on 35 entities and individuals that oversee Iran’s shadow banking architecture and facilitate Iran’s oil and arms trade, and warned that paying …

Why Strait of Hormuz disruption is more severe for global LNG markets than for oil Global Liquefied Natural Gas (LNG) markets are bracing for a period of sustained price elevation …

This report assesses the impact of the Strait of Hormuz disruption on seaborne crude oil, dirty petroleum products and clean petroleum products flowing to the Pacific basin. It quantifies the …

The maritime industry is becoming increasingly interconnected on a global scale, and the importance of Asian markets continues to grow – driven by geopolitical shifts and rising demands for resilient …

Rhenus Group announced the successful closing of the acquisition of the remaining 49 percent stake in LBH Global Agencies Inc. LBH Group is a globally active port agency with business …

SFL Corporation Ltd. has successfully completed a tap issue of USD 75 million of the Company’s outstanding senior unsecured sustainability-linked bond issue due 2030 with ISIN NO0013461988 (the “2030 Senior …

Bawat continues to build momentum in the European ship recycling segment, having successfully completed two large-scale ballast water treatment operations in Nothern Europe for the same customer. Across the two …

Direct Travel today announced the expansion of Avenir, its global travel platform, across its specialty market divisions, including Energy, Marine and Mining. Delivered through ATPI’s specialist businesses, Avenir provides a …

Ahti today announces a major acceleration in its growth trajectory after generating $6 million in revenue in 2025, delivering profitability in its first full operating year, and positioning the business …

Leading maritime AI company Orca AI has signed a Memorandum of Understanding (MoU) with Samsung Heavy Industries (SHI), one of the world’s leading shipbuilders, to jointly accelerate the development, deployment …

The Monjasa Holding A/S Annual Report 2025 shows a positive net result of USD 39m and an all-time high consolidated Group equity of USD 472m. In another year characterised by …

GLO Marine has appointed Thomas Wittlin as Chief Executive Officer, effective Q2 2026, signaling the start of a structured growth phase in which the company will evolve from a retrofit-led …

The Liberian Registry, the world’s largest ship registry, today announced the official launch of electronic seafarer documents, marking a significant milestone in the Registry’s digital transformation and setting a new …

Northwest Europe Bunker availability is stable in the ARA hub, a trader said. Buyers looking to bunker in the European hub are advised to enquire around 4-6 days ahead to …

North Star, a leading, fully integrated offshore infrastructure service provider, has completed the acquisition of four new Service Operation Vessels (SOVs) from Edda Wind. The transaction takes its offshore wind …

Highlights (Unaudited) · Full Year 2025/26 record revenue of £2,623k vs. £1,121k in prior year, up 134% · Q4 2025/26 record revenue of £929k vs. £471k in prior year Q4, …

Every day brings new reports of GPS interference affecting shipping, particularly in regions like the Persian Gulf. Less visible are the collisions, groundings, and near misses that follow when positioning …

US arbitrage to Asia through the Panama Canal opens amid stronger Asian demand following the Middle East conflict, although a recent rise in LNG transits through the canal is driven …

April ends with firm sentiment in both Capesize and Panamax segments. On the C3 route, freight levels are supported by ballaster counts trending below the 12-month average. In Panamax, low …

“The Iran war and the resulting disruptions to ship transits through the Strait of Hormuz have increased uncertainty for both the global economy and the dry bulk market. Around 4% …

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, snapped a two-day winning streak on Wednesday, falling 0.3% to 2,670 points. The capesize …

LNG bunker prices in Rotterdam and Singapore have rallied, driven by tightening global gas supply and escalating risks around the Strait of Hormuz. Weekly changes in LNG bunker prices: Rotterdam …