International Shipping News – Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping
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Syroco opens new regional headquarters in Germany to meet growing demand for its AI-powered voyage optimisation software
by hellenicshippingnews... on 15 July 2025 at 17:00
Climate technology specialist Syroco has officially opened a new regional office in the Port of Hamburg, Germany, as part of efforts to meet rapidly growing demand across Europe for its AI-powered voyage optimisation software. The office is located in the Digital Hub Logistics & Commerce at the heart of the port, which is one of ... […]
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Freight rates fall for Russian Urals oil, but new sanctions may change that, traders say
by hellenicshippingnews... on 15 July 2025 at 09:00
Freight rates for Russian oil shipments from the Baltic Sea ports to India have fallen in July-August as more tankers have become available, but this could change if new sanctions are imposed on Moscow, two traders said. The European Union is finalising its 18th sanctions package on Russia, which may include a lower price cap ... […]
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Singapore’s first-half 2025 bunker sales dip as shipping uncertainties cap demand
by hellenicshippingnews... on 15 July 2025 at 09:00
Sales of marine bunker fuel in Singapore dipped slightly in the first half of 2025, official data showed on Monday, as shipping uncertainties in the wake of global tariffs capped demand, particularly in the first quarter. Total sales at the world’s largest refuelling hub for ships stood at 26.98 million metric tons in January to ... […]
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Icon Gulf Trading, the Shipping Arm of Dynamic Mining, and GeoServe Celebrate One-Year Milestone in Voyage Management Collaboration
by hellenicshippingnews... on 15 July 2025 at 09:00
A strategic collaboration between Icon Gulf Trading DMCC (part of the Dynamic Group) and GeoServe Energy Transport DMCC has enabled the successful shipment of bauxite from Guinea over the past 12 months. During this period, 12 cargo shipments, moving approximately 2 million tons of bauxite, have been completed. Icon Gulf Trading appointed GeoServe to manage ... […]
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LR becomes first Certifying Authority authorised to certify ROUVs under MCA WBC3 Annex 2
by hellenicshippingnews... on 15 July 2025 at 09:00
Lloyd’s Register (LR) has become the first Certifying Authority to receive authorisation from the UK Maritime and Coastguard Agency (MCA) to certify remotely operated and unmanned vessels (ROUVs) under the Workboat Code Edition 3 (WBC3) Annex 2. Under the WBC3 framework, remotely operated and unmanned vessels below 24 metres in length must comply with comprehensive ... […]
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Baltic Dry Index Rises To Four-Week High On Broad-Based Vessel Gains
by hellenicshippingnews... on 14 July 2025 at 21:00
The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, rose to a four-week high on Monday, supported by gains across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, gained 120 points, or 7.2%, to 1,783 points, its highest level since ... […]
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Shipping’s new net zero framework: Where to next?
by hellenicshippingnews... on 14 July 2025 at 21:00
Real momentum is building behind the global shipping industry’s transition towards a zero-emission future. Over the last couple of years, the industry has been undertaking preparatory work to meet the International Maritime Organization’s (IMO) 2023 Revised GHG Strategy. The IMO reached another milestone this April, agreeing to a Net Zero Framework that outlines the regulations ... […]
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Dual fuel, double trouble?
by hellenicshippingnews... on 14 July 2025 at 21:00
The drive for sustainability in shipping, particularly as a result of FuelEU, which took effect on January 1, 2025, is leading to significant growth in the use of dual-fuelled vessels. The most common of these can consume both traditional fuels (like VLSFO1) and LNG2. We are now seeing an increase in claims relating to the ... […]
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Health and air pollution benefits of a global 0.1% fuel sulfur limit on marine fuels
by hellenicshippingnews... on 14 July 2025 at 21:00
The International Maritime Organization (IMO) has progressively tightened global limits on the sulfur content of marine fuels to protect human health and the environment, including by implementing stricter sulfur limits in designated emission control areas (ECAs). Currently, ships must adhere to a global 0.5% fuel sulfur limit and a 0.1% limit in ECAs, unless they ... […]
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CLdN to further expand its Teesport service
by hellenicshippingnews... on 14 July 2025 at 21:00
Following P&O Ferries’ recent decision to close its Zeebrugge – Teesport freight service, CLdN wishes to assure all customers of its long-term commitment to its established Teesport freight shipping service. CLdN will now explore an expansion of its Zeebrugge – Teesport route, but is also considering setting up a new Rotterdam – Teesport freight route ... […]