Hellenic Shipping News.

The road ahead towards a net zero emissions future is faced with big challenges. In its latest weekly report, shipbroker Gibson said that “last week the IEA published its Net Zero 2050 report, which lays out the steps the world needs to take in order to reach net zero emissions (NZE) by 2050. It is ... […]

The Brazilian iron ore market has improved during 2023, with exports on the rise, much to the delight of the dry bulk market. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been so far a positive year for global iron ore trade. In Jan-Aug 2023, global loadings of iron ore increased ... […]

The prolonged war between Ukraine and Russia has notably impacted the shipping industry with substantial disruptions in maritime trade routes, leading to an alteration in shipping patterns and fluctuations in shipping companies’ earnings. Black Sea and its strategic importance The Black Sea is of considerable significance in international trade, serving as a crucial waterway for ... […]

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Solebay Shipping Cape Company Limited, Hong Kong, for one of its Capesize dry bulk vessels, the m/v Seattle. The gross ... […]

In the framework of its initiatives for the protection of the marine environment and the advancement of sustainable development, ThPA S.A. organized an Underwater Cleaning Action at the Port of Thessaloniki today. The action was implemented in cooperation with the Hellenic Marine Environment Protection Association (HELMEPA), Antipollution of V Group, Hellenic Environmental Center S.A. (HEC) ... […]

The product tanker is expected to be impacted by the lack of diesel supplies, after Russia’s decision to ban exports. In its latest weekly report, shipbroker Xclusiv Shipbrokers said that “the world’s oil refineries are unable to produce enough diesel, denying from economies the fuel they rely on to run their industries and transports and ... […]

Greece’s privatisation agency has named the operator of Thessaloniki port as the preferred bidder for acquiring a 67% stake in the port of Volos, it said on Thursday. Thessaloniki Port Authority OLTr.AT has offered 51 million euros ($53.74 million) for the stake, the agency said in a statement. The agency unsealed all four bids and ... […]

HEMEXPO – Hellenic Marine Equipment Manufacturers and Exporters – a leading suppliers’ and exporters’ association for the international shipping sector, has welcomed LALIZAS as its 34th member company. As a manufacturer and supplier of high-quality life-saving equipment and accessories, LALIZAS adds a critical new area of expertise to the ever-expanding cross-section of Greek equipment manufacturers ... […]

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, yesterday announced that it has signed a letter of intent to order through Marubeni Corporation or its guaranteed nominee, an unaffiliated third party, two 81,200 dwt methanol dual fuel new-building Kamsarmax dry bulk vessels, for a purchase ... […]

Despite the challenging environment, under which the shipping industry must operate today, prospects for tankers and to a lesser degree bulkers, remain rosy. In its latest weekly report, shipbroker Intermodal said that “2023 has been a very challenging year so far. We have seen the war in Ukraine still going on, persisting inflation, high interest ... […]