Hellenic Shipping News.

The tanker market is bound to be further impacted by the escalation of the Middle East tensions. In its latest weekly report, shipbroker Xclusiv said that “news of an Israeli strike on Iranian territory, potentially escalating tensions in the Middle East, sent shockwaves through global markets. Geopolitical uncertainties loom large, capable of swiftly altering the ... […]

LNG shipping is undergoing major shifts since the start of 2024. In its latest weekly report, shipbroker Intermodal said that “during Q1 of 2024, the LNG shipping market experienced major disruptions and shifts that significantly altered global trade routes and market fundamentals. The year commenced with logistical challenges, particularly highlighted by persistently low water levels ... […]

The crude tanker market could be set for a positive future, as ton-mile demand is about to increase. In its latest weekly report, shipbroker Gibson said that “earlier this month the IEA released its monthly oil report, offering for the first time their analysis of how oil markets could shape up in 2025. The agency ... […]

Canada has emerged as one of the exporters with the biggest increase in seaborne coal exports during 2023, with the upwards trend maintaining momentum in 2024 as well. In its latest weekly report, shipbroker Banchero Costa said that “global coal trade has really picked up pace in recent months, and is now fully back to ... […]

The tanker market could be set for a major structural shift in trade routes, should the Straits of Hormuz become unsafe for passage, after the latest developments and the escalation of the Middle East tensions. In its latest weekly report, shipbroker Allied QuantumSea said that “developments over the weekend, are maintaining focus on a region ... […]

The top golf tournament for the maritime community, Greek Maritime Golf Event, returns for its 10th anniversary, renewing its annual meeting with the Greek and global maritime industry, on September 5-8, 2024, at Costa Navarino, in Messinia. Top golf event in Greece Greek Maritime Golf Event celebrates its 10 years in the best way possible, ... […]

Thessaloniki Port Authority S.A., the operator of the port of Thessaloniki and the multi-gateway intermodal network and logistics solution provider for the Balkans and the broader Southeast, Central and Eastern European region, announced the financial results for the financial year 2023. Specifically, following the approval of the Annual Financial Report from the Board of Directors ... […]

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 Bohai Shipping (HEBEI) Co., Ltd, for one of its Capesize dry bulk vessels, the m/v P. S. Palios. The gross ... […]

Russian LNG keeps flowing into the EU, albeit at a much lower level. In its latest weekly report, shipbroker Xclusiv said that “over two years since the Russian invasion of Ukraine, the EU continues its efforts to weaken Russia financially through sanctions. The latest move grants individual member states the authority to ban Russian Liquefied ... […]

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has filed its definitive proxy materials with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the Company’s 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”), scheduled to be held ... […]