Hellenic Shipping News

The European consumer class is projected to grow from 3.7 billion in 2025 to 5 billion by 2030, while spending in the continent’s major cities is expected to rise 2.2 …

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that from August 6-8, it held “MOL Family Day” (Note 1) as part of the “BLUE ACTION for …

Summary LNG shipping stocks were little changed last week, with the UP World LNG Shipping Index (UPI) inching up 0.08% to 168.11 points, holding just below long-term resistance. Trading volume …

Ocean Yield AS (“Ocean Yield” or the “Company”) announces results for the second quarter and first half year 2025. HIGHLIGHTS • EBITDA for Q2 2025 was USD 57.5 million and …

Reference is made to the announcements of the Guarantor dated 31 October 2019 and 10 December 2019 for the issuance of the Bonds, and the subsequent announcements on Conversion Price …

Container shipping costs to U.S. decline in July amid trade slowdown Container shipping costs from Korea to the United States declined last month, largely due to a decrease in trade …

Amendments to SOLAS will prohibit the use or carriage of fire-extinguishing media containing PFOS (perfluorooctane sulfonic acid) from 1 January 2026. The ban applies to both new and existing ships …

The Governments of Vanuatu and Tonga have completed a series of intensive maritime safety workshops and oil spill response drills, marking important steps toward safer shipping and stronger marine environmental …

Xeneta AS announces the acquisition of fellow maritime and supply chain data company eeSea, furthering customers’ ability to evaluate and optimize containerized freight. Gaining visibility into freight rates, managing contracts …

The global trade landscape of today is being shaped by market conflict, regulatory uncertainty and widespread disruption. And while tariff policies and legislative changes primarily aim to protect domestic industries …

LR’s latest FOBAS Fuel Insight report highlights broadly steady fuel quality with particular issues around high sediments and chemical contamination, and an increased use of biofuel blends with developments in …

Shipping’s reliance on outdated, paper-driven compliance processes is putting unnecessary strain on crews and undermining safety, warns Fabian Fussek, Co-Founder and CEO of Kaiko Systems.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 …

The Baltic Exchange’s main sea freight index, which monitors rates for ships carrying dry bulk commodities, fell on Monday as demand for capesize vessels weakened. * The main index BBDI, …

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 …

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 …

2020 Bulkers Ltd. (2020) – Commercial update and key information relating to the dividend for July 2025 In July 2025, the Company achieved average time charter equivalent rate (“TCE”)* of …

ONE launches new “door delivery” service in Saudi Arabia Ocean Network Express (ONE) is pleased to announce the launch of our new “Door Delivery” service in Saudi Arabia to enhance …

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 …

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 …

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 …

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 …

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 …

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 …

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, …

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 …

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 …

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 …

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 …

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 …

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 …

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. …

Wan Hai Lines is expanding its service network by launching a Far East to East Mediterranean direct service (branded as FM1). The service will be operated by 4,300 ~ 5,000 …

With over 40 percent of jobseekers questioning whether their applications are ever seen, The Hood has launched a new feature on its platform designed to tackle one of the recruitment …

Highlights and subsequent events Golar LNG Limited (“Golar” or “the Company”) reports Q2 2025 net income attributable to Golar of $16 million, Adjusted EBITDA1 of $49 million and Total Golar …

Star Information Systems (STAR) has acquired Sharecat, a recognized provider of solutions for managing and improving technical data quality for complex industrial operations. STAR delivers advanced systems for maintenance, operations …

Group Revenue of US$10,702 million Group EBIT of US$2,635 million Group EBITDA of US$3,536 million Operating Cash Flow of US$3,212 million Profit Attributable to Equity Holders of US$2,577 million Recommended …

The recent International Court of Justice (ICJ) advisory opinion has shifted climate justice from a political ambition to a binding legal obligation — raising the stakes for the International Maritime …

The US and a group of eight petrostates have made renewed attempts to thwart the International Maritime Organization’s new decarbonization rules, creating uncertainties in future bunker markets while readying themselves …

Ocean Yield AS (“Ocean Yield” or the “Company”) today announced that, together with vehicles managed by KKR (“KKR”), a leading global investment firm, it has agreed to purchase 100% of …

London International Shipping Week 2025 (LISW25) is proud to announce City of Glasgow College as its official Academic Partner, strengthening the week’s focus on maritime education, skills, and innovation. As …

The US Department of Energy violated federal advisory committee laws when it created a climate report to justify the repeal of the US Environmental Protection Agency’s endangerment finding, environmental groups …

INSIDE INFORMATION “TORM delivered a strong second-quarter result with continued market-leading performance, against a backdrop of global uncertainty,” says Jacob Meldgaard, adding: “We see strong momentum heading into the second …

Despite challenging market conditions, NORDEN delivered a net profit of USD 52 million (DKK 342 million) in the second quarter of 2025 and a return on invested capital of 10% …

Hapag-Lloyd concluded the first half of 2025 with a Group EBITDA of USD 1.9 billion (EUR 1.8 billion). The Group EBIT decreased to USD 0.7 billion (EUR 0.6 billion) and …

CMB.TECH NV (NYSE: CMBT & Euronext: CMBT) (“CMBT”, “CMB.TECH” or “the Company”) will release its second quarter 2025 earnings before market opening on Thursday 28 August 2025 and will host …

At the close of Week 33, the global bunker indices MABUX extended their downward movement. The 380 HSFO index dropped by USD 11.71 — from USD 468.61/MT a week earlier …

Elcome International’s WELCOME Maritime Wi-Fi, now marking one year of service, has emerged as a transformative force in the lives of seafarers, delivering fast, reliable, and affordable internet access across …

Market average on the Transpacific trade from Far East to US West Coast sits just above USD 2000 per FEU, the lowest it has been since end-2023, just as the …

“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 …