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  • Ship Owners Order More Ships
    by hellenicshippingnews... on 16 May 2025 at 21:00

    More newbuilding orders with delivery dates set for 2027 and 2028 were reported over the past few days. In its latest weekly report, shipbroker Banchero Costa said that “in the dry sector, the Chinese yard New Dayang has secured an order of 4 x 64,100 dwt ultramaxes from the Singapore based company Adhart Shipping. No ... […]

  • New Lloyd’s Register report simplifies complex regulatory landscape
    by hellenicshippingnews... on 16 May 2025 at 21:00

    A new Lloyd’s Register report outlines the upcoming changes to mandatory statutory regulations and instruments. A comprehensive suite of new International Maritime Organization (IMO) and International Labour Organization (ILO) regulations come into force over the next few months, reshaping environmental standards, safety protocols, and seafarer welfare. The changes outlined in Lloyd’s Register’s “Future IMO and ... […]

  • Geopolitical realignment of the world’s copper trade
    by hellenicshippingnews... on 16 May 2025 at 21:00

    The global copper supply chain has experienced an intense transformation over the last twenty years, marked by a significant geopolitical reshuffling and the dramatic rise of China as the central player across numerous stages of the value chain, according to recent analysis from the United Nations Conference on Trade and Development (UNCTAD). The most striking ... […]

  • Greek Ship Finance on the Rise
    by hellenicshippingnews... on 15 May 2025 at 21:00

    Greek ship financing has been on the rise, with Petrofin Research’s latest annual report, showing strong growth in figures. The Petrofin Index for Greek Ship finance, which commenced at 100 in 2001 and peaked at 443 in 2008, increased to 324 in 2024 from 308 in 2023. This was the highest figure since 2017. Highlighted ... […]

  • A historic course correction: how the world’s shipping sector is setting sail for net zero
    by hellenicshippingnews... on 15 May 2025 at 21:00

    Long overlooked as a major contributor to global greenhouse gas emissions, the shipping industry is now at the forefront of a unique display of international cooperation. The shift signals that even the world’s largest transport sector can be steered toward climate accountability. Every day, tens of thousands of massive ships criss-cross the world’s oceans, transporting ... […]

  • Dry bulk ship recycling falls 24% to 17-year low
    by hellenicshippingnews... on 15 May 2025 at 21:00

    “Between January and April 2025, dry bulk ship recycling has fallen 24% y/y, reaching a 17-year low despite a 35% y/y drop in the Baltic Dry Index (BDI). While weaker freight rates typically encourage the recycling of older and less profitable ships, high uncertainty over the demand outlook could be delaying recycling decisions,” says Filipe ... […]

  • Ship Recycling Market Facing Headwinds
    by hellenicshippingnews... on 14 May 2025 at 21:00

    With India’s and Pakistan’s clash casting a dark shadow over the region, the ship recycling market has continued to face headwinds. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the global ship recycling market continued to face headwinds, with limited momentum across key destinations. In India, the ... […]

  • Dry Weekly Market Monitor: Soybean Dry Bulk Flows (Brazil to China)
    by hellenicshippingnews... on 14 May 2025 at 21:00

    Brazil continues to strengthen its position as China’s primary soybean supplier, with this dominance mainly attributed to the country’s record harvests, competitive pricing, and the absence of tariffs that continue to impact U.S. soybeans. Recent news revealed that China has lifted suspensions on five Brazilian soybean exporters, enhancing trade flows ahead of Brazilian President Lula ... […]

  • LNG pathway offers best returns under MEPC 83
    by hellenicshippingnews... on 14 May 2025 at 21:00

    SEA-LNG has completed its initial analysis of the IMO Net-Zero Framework following MEPC 83. The SEA-LNG coalition, which spans the entire LNG value chain, has used the independent Z-Joule cost of compliance calculator to assess the commercial implications of the new regulations. The calculations show that under the Net-Zero Framework investments in LNG dual fuel ... […]

  • Greek Ship Owners Newbuilding Orders Down by 65% This Year
    by hellenicshippingnews... on 13 May 2025 at 21:00

    Newbuilding contracting activity from Greek ship owners has declined sharply so far this year. In its latest weekly report, shipbroker Xclusiv said that “Greek shipowners continue to demonstrate a strong and strategic presence in the global shipbuilding market, holding one of the largest national orderbooks in the industry. As of the latest data, Greek interests ... […]

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