Hellenic Shipping News.

Coal exports from Indonesia have been growing this year, with China ramping up its imports. In its latest weekly report, shipbroker Banchero Costa said that “global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels. In Jan-Aug 2024 the positive trend continued, with global coal ... […]

The ICS Greek Branch is delighted to announce the outstanding achievements of both its students and leadership at the ICS Prize Giving Awards Ceremony 2024, held on October 3rd at One Moorgate Place, London. This prestigious annual event celebrates the top performers in ICS Examinations globally, highlighting excellence and professional growth within the shipping industry. ... […]

A significant increase has been notable in the dry bulk market S&P activity so far in 2024. In its latest weekly report, shipbroker Xclusiv said that “the dry bulk market has witnessed significant activity in the first nine months of 2024, with a surge in both the number of vessels sold and their total value ... […]

With the Indian ship recycling market waking up, sentiment is beginning to improve. In its latest weekly report, Best Oasis (www.best-oasis.com), one of the world’s leading cash buyer of ships, said that “this week in the ship recycling industry, India’s market displayed steady performance, maintaining its previous week’s trends, although future developments remain uncertain. In ... […]

Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today a time charter contract for its 1,732 teu feeder containership, M/V Jonathan P, for a minimum period of 11 to a maximum period of 13 months at the option of the charterer, at a gross ... […]

Investors kept on buying newbuildings, despite the lull in the China market over the past week. In its latest weekly report, shipbroker Banchero Costa said that “the Chinese holidays did not slow down the pace of new orders being placed. Gas, container and tanker are the main segments were we recorded a solid number of ... […]

Orbyt Global has acquired OTESAT-Maritel, a subsidiary of the OTE Group, in a landmark move that strengthens its dominance in the maritime telecommunications sector. With the acquisition of OTESAT-Maritel, Orbyt Global significantly expands its portfolio and ranks among the top five providers worldwide, creating new strong hubs in the Middle Eastern and Asian markets. This ... […]

Seanergy Maritime Holdings Corp. today announced that it has mailed a letter from Stamatis Tsantanis, Seanergy’s Chairman and Chief Executive Officer, to shareholders in connection with the Company’s upcoming 2024 Annual Meeting of Shareholders. The letter highlights the Company’s: Transformation over the last four years into a prominent pure-play Capesize shipping company with attractive competitive ... […]

China’s latest stimulus measures are unlikely to trigger a rise in demand for iron ore imports and as such, for Capesizes. In its latest weekly report, shipbroker Intermodal said that “last week, the PBC introduced a significant set of economic measures, marking the first time a combination of rate cuts, reductions in the reserve requirement ... […]

PPA S.A. has been honored with five prestigious awards, recognizing its outstanding performance in the vital areas of environmental protection and regulatory compliance. These distinctions highlight PPA’s commitment to high standards of sustainability and responsible corporate governance, reinforcing its dedication to the continuous enhancement of Greece’s largest port. Environmental Awards 2024 At the Environmental Awards ... […]