Hellenic Shipping News

Northern Marine Management, part of the Stena Group, has agreed to roll out Kaiko Systems’ digital inspection reporting platform across its managed fleet following a successful pilot. The rollout will …

Danish USTC Group has appointed Henrik Andersen as new Vice Chair of subsidiary company Bunker Holding’s Board of Directors. The appointment forms part of Bunker Holding’s continued development and will …

Norway sold around 664 million litres, or 584,000 mt, of biofuel in 2025, down from 704 million litres (620,000 mt) in 2024, according to the Norwegian Environment Agency. Of Norway’s …

Sallaum Lines has ordered the two largest vessels in its history, signing a shipbuilding contract with Xiamen Shipbuilding Industry Co., Ltd. (XSI) for 2 + 2 next-generation Pure Car and …

The disruption around the Strait of Hormuz has not only tightened fertilizer markets, but is also reshaping how they function. When logistics and critical inputs like sulphur are constrained, access, …

The UP World LNG Shipping Index gained 0.77 points (0.38%) last week, closing at 204.74 points, while the S&P 500 gained 0.65%. The UPI continues to move sideways above the …

SEA-LNG used Rystad Energy’s vessel-level emissions tracking and LNG trade flow data to produce a landmark white paper, the findings of which were submitted to the International Maritime Organization and …

Moeve is expanding its bunker barge fleet capable of supplying 100% biofuels, according to a bunker executive of the Spanish company, as environmental regulations lead to higher demand for the …

Shipping industry association BIMCO has adopted a new biofuel clause for time-charter agreements that holds charterers liable for losses and damages caused by unsuitable biofuel supplied to a vessel. A …

National Crime Agency (NCA) officers have arrested an Indian national on suspicion of sanctions offences after the dramatic seizure of a Russian shadow fleet oil tanker in the English Channel …

Spanish bunker supplier Mureloil has deployed an IMO Type 2 bunker tanker for operations in the Bay of Algeciras and the western Mediterranean. The 8,000-dwt vessel, Bahía Candela, is capable …

ESL Shipping and AtoB@C Shipping to unite under one ESL Shipping brand ESL Shipping will integrate its subsidiary AtoB@C Shipping into a unified ESL Shipping brand. The brand consolidation strengthens …

Nippon Yusen Kabushiki Kaisha (NYK), Yanmar Power Solutions Co., Ltd. (Yanmar Power Solutions), and ENEOS Corporation (ENEOS) have agreed to install a hydrogen fuel cell system* for a new dining …

New French funding programme targets ship retrofits, low-emission newbuilds and port infrastructure across France. France government’s Agency for the Environment and Energy Management (ADEME) has launched a new call for …

A Suezmax tanker carrying Liquefied Natural Gas (LNG) crossed the contested waters of the Strait of Hormuz this morning. Malta-flagged tanker ‘Disha’ made the transit even before the official reopening …

Hapag-Lloyd, one of the top five global container shipping lines, has partnered with WiseTech Global, to publish Electronic Bills of Lading (eBL) to Galileo, the cloud‑native platform that brings trade …

Swiss marine power company WinGD has achieved another critical milestone on the path to low-carbon shipping using ammonia as a marine fuel, with successful testing of its X72DF-A engine in …

Europe Rotterdam’s B30-VLSFO (POMEME) price has dropped $85/mt in the past week. The Dutch port’s conventional VLSFO price has fallen $67/mt lower, which has cancelled out any support from a …

The US and Iran have agreed a deal. How soon could things go back to normal? More than three months after the US and Israel first began their war with …

Shipowners with older or harder-to-place vessels may have a stronger opportunity to test the recycling market over the coming months, as limited demolition supply continues to support recycler appetite despite …

BIMCO’s executives issued the following comments, after the reported deal between the US and Iran. From Jakob Larsen, Chief Safety & Security Officer at BIMCO: “The statements by the US …

U.S. President Donald Trump has said ships laden with oil are beginning to sail through the Strait of Hormuz. “They are going along the Southern ’Highway,’ which is totally safe, …

WISTA Norway is proud to announce that Trygve Nøkleby, Managing Director of the Bergen Shipowners Association, has been named the recipient of the 20th annual WISTA Norway Leadership Award, presented …

The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez welcomes with great satisfaction the peace agreement reached between the parties in the conflict affecting the Strait of Hormuz. …

The Strait of Hormuz remained under acute operational pressure between June 11 and June 14. AIS-visible commercial traffic stayed near zero, IRGC small-craft activity surged, and covert export infrastructure continued …

Once deployed primarily in response to short-term supply disruptions, FSRUs are increasingly being repositioned as long-term infrastructure. As LNG markets expand and energy systems evolve, their role is being reshaped …

BW Offshore is pleased to announce the successful completion of the Interim Performance Test (IPT) for the BW Opal FPSO, as part of the commissioning programme for the Santos-operated Barossa …

Tanker newbuild ordering has gathered significant momentum through 2026, increasing c.358% year-on-year with 444 vessels placed year to date (including on order and options) across all major segments. Activity peaked …

Baltic Dry Index Falls to Over 6-Week Low The Baltic Exchange dry bulk freight index decreased 0.3% to 2720 on Monday, the lowest since April 30. The capesize index, which …

Bureau Veritas Marine & Offshore (BV) has announced the appointment of Dr. Jeffrey Guo as Senior Vice President, Asia Pacific, and Maciej Lepicki as Vice President, Greater China, effective June …

RuleAgent, DNV’s latest AI tool, helps maritime professionals access DNV’s rules and standards faster and with greater clarity. What started as a lightbulb moment gradually developed into a core solution, …

The Drewry Intra-Asia Container Index (IACI), the benchmark widely referenced by procurement teams, softened 1% to $1,100 per 40ft container. Freight rates softened, but IACI remains twice its pre-conflict level …

Commercial ship traffic through the Strait of Hormuz should quickly increase if the U.S. and Iran reach a stable agreement that improves security in the strategic sea lane, the CEO …

Europe Can Price Carbon. Can It Actually Cut It? The EU ETS benchmark values for 2026–2030 will be adopted by an implementing act. Following the 4-week public consultation launched last …

Rates for shipping containers from Asia to the US rose again this week, reaching the highest since July 2025 amid the ongoing crisis in the Middle East, while rates for …

Following Posidonia, the LNG market saw a relatively subdued week overall, with rates largely trading sideways amid limited cargo visibility. While enquiry remained thin, the tonnage list continued to hold …

International Chamber of Shipping Secretary General Thomas Kazakos said: “This announcement comes as a relief to the 20,000 seafarers who have been caught in the middle of this war. Their …

By the mid-1970s, Klaveness had built a strong position through specialized bulk shipping, long-term cargo programs, and a partnership model that extended beyond the ownership of individual vessels. The systems …

Container A much slower week for rates than the previous week, although we still saw rates continue to increase on most of the main trade lanes. In the Pacific we …

New French funding programme targets ship retrofits, low-emission newbuilds and port infrastructure across France. France government’s Agency for the Environment and Energy Management (ADEME) has launched a new call for …

The UK Emissions Trading Scheme (ETS) is rapidly evolving, shaping how industries price and manage greenhouse gas emissions as the UK moves toward net-zero. As the scheme expands and its …

US forces in Hormuz help escort oil tankers at night, Burgum says US forces are helping transport millions of barrels of oil through the Strait of Hormuz during nighttime operations, …

The share of bio-LNG in the carrier’s LNG consumption has more than doubled over the past year to 71%, improving environmental performance. United European Car Carriers (UECC) says a decade-old …

U.S. Secretary of State Marco Rubio defended Washington’s actions in the Strait of Hormuz after India protested U.S. strikes that killed three Indian mariners, according to a Bloomberg report. Rubio …

The Current Situation Since the closure of the Strait of Hormuz to most commercial shipping in late February 2026, an estimated 1,550 vessels, carrying approximately 20,000 seafarers, have been unable …

The Xeneta Weekly Ocean Container Shipping Market Update provides data and intelligence including the latest freight rate and capacity movements across global trades with supporting insight from Peter Sand, Xeneta …

The Strait of Hormuz remains operational, but increasingly constrained. While Iranian officials continue to characterize the Strait as closed, recent observations suggest a more nuanced reality. Commercial traffic continues to …

Clean LR2 The TC1 75kt MEG/Japan index dropped 11 points this week to WS501 this week. A voyage west ticked up this week with the TC20 90kt MEG/UK-Continent index going …

Capesize The market endured a challenging week, with sentiment deteriorating steadily as limited enquiry and a lack of sustained cargo volume weighed on both basins. The BCI 182 5TC fell …

Some of the world’s largest ship charterers and operators reported improved decarbonization performances in 2025, according to an annual industry report June 11, highlighting more use of biofuels and energy-saving …