International Shipping News – Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping
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Baltic Index Slips For Seventh Straight Day On Weaker Capesize Rates
by hellenicshippingnews... on 3 July 2025 at 21:00
The Baltic Exchange’s main sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for the seventh straight session on Thursday, weighed down by lower demand for capesize vessels. The main index dropped to its lowest point since June 3, shedding 9 points, or 0.6%, to 1,434 points. The capesize index slipped ... […]
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Wet season affecting capesize demand from West Africa?
by hellenicshippingnews... on 3 July 2025 at 21:00
In our recent report on how bauxite exports from Guinea are driving capesize demand, we explored how surging demand for bauxite from China has led to the aluminium ore overtaking coal as the second-largest capesize-shipped product. This report provides an update and gives a short-term outlook on how the wet season on Africa’s West coast ... […]
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Floating Nuclear Power Plants in the Mediterranean Sea to be Evaluated by ABS, Core Power and Athlos
by hellenicshippingnews... on 3 July 2025 at 21:00
In a step toward advancing the development of floating nuclear power plants (FNPPs), ABS, CORE POWER and Athlos Energy have formed a consortium to evaluate the potential of positioning the platforms to meet the energy demands of islands, ports and coastal communities in the Mediterranean Sea. The group will research how FNPPs can potentially unlock ... […]
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Ships trigger high and unexpected emissions of the greenhouse gas methane
by hellenicshippingnews... on 3 July 2025 at 21:00
Ship traffic in shallow areas, such as ports, can trigger large methane emissions by just moving through the water. The researchers in a study, led by Chalmers University of Technology in Sweden, observed twenty times higher methane emissions in the shipping lane compared to nearby undisturbed areas. Despite the fact that methane is a greenhouse ... […]
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Safe, seen and supported – Sailors’ Society’s acclaimed Wellness at Sea conferences are back for their fifth year
by hellenicshippingnews... on 3 July 2025 at 21:00
Registrations are now open for Sailors’ Society’s 2025 Wellness at Sea Conferences for cadets, ratings and trainees. This year, the four regionally based virtual events – ‘Safe, seen, supported – seafaring in a changing world’ – will focus on connectivity at sea and how it is shaping and influencing seafarers’ lives. It will also examine ... […]
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HSFO discounts widen further; inventories extend gains
by hellenicshippingnews... on 3 July 2025 at 21:00
Spot discounts for Asia high sulphur fuel oil (HSFO) widened further on Thursday, while onshore inventories at Singapore piled higher amid ample supply. Inventories rose for a second week as imports remained strong, led by an uptick in Nigeria and Brazil cargo inflows, latest data showed. More offers also emerged for the 180-cst grade on ... […]
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Fujairah’s July ex-wharf LSFO premiums stable, downstream margins pressured
by hellenicshippingnews... on 3 July 2025 at 21:00
Around the Middle Eastern bunker hub of Fujairah, July’s term contract for ex-wharf marine fuel 0.5%S barrels was seen mostly concluded around $6-$8/mt to the benchmark FOB Singapore Marine Fuel 0.5%S cargo values, traders said July 2, with its steady valuations persistently weighing on downstream margins. For July’s supply of term contract ex-wharf marine fuel ... […]
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Maersk Global Market Update
by hellenicshippingnews... on 3 July 2025 at 21:00
In the Summer 2025 edition of the Maersk Global Market Update, we explore how businesses are responding to the uncertainty from shifting tariff landscapes and evolving global demand patterns. From the latest developments in tariff policies to China’s expanding role in global exports, this edition offers a comprehensive look at the factors shaping container flows, ... […]
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Americas Fuel Availability Outlook
by hellenicshippingnews... on 3 July 2025 at 21:00
North America Bunker fuel demand has seen a slight uptick in Houston, and recommended lead times for VLSFO and HSFO stand at 5-7 days. LSMGO is more readily available and can be delivered within five days, a source said. The hurricane season has begun in the US Gulf and will run through November. Its onset ... […]
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Stolt-Nielsen Limited Reports Unaudited Results For the Second Quarter and First Half of 2025
by hellenicshippingnews... on 3 July 2025 at 21:00
Stolt-Nielsen Limited yesterday reported unaudited results for the second quarter ending May 31, 2025. The Company reported a second-quarter net profit of $75.2 million with revenue of $712.9 million, compared with a net profit of $100.2 million with revenue of $741.1 million in the second quarter of 2024. The net profit for the first half ... […]