Hellenic Shipping News.

Australian coal exports to China soared during 2024, helping sustain solid freight demand. In a recent report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global seaborne coal loadings increased by +2.4% yo-y to 1,371.8 mln t (excluding cabotage), based on vessel tracking data from AXS Marine. This represents a slowdown from the +5.8% y-o-y ... […]

The tanker market showed mixed performance during the month of December, according to OPEC’s latest monthly report. Dirty spot freight rates showed diverse movements in the last month of the year, falling on routes to Asia and out of the Middle East, while strengthening in the Atlantic Basin and Mediterranean. On the Middle East-to-East route, ... […]

CMA D. ARGOUDELIS & CO S.A. proudly announces its inclusion in the inaugural Great Place to Work® “Best Workplaces™ in Professional Services & Consulting Hellas 2025” industry list. This prestigious recognition comes as a result of the company’s participation in the annual Trust Index© work environment survey and marks CMA’s fourth consecutive certification by Great ... […]

In the midst of rapid changes in the regulatory framework, a multitude of technical challenges and ongoing technological developments, the exchange of knowledge, information and experience among shipping company executives, not only shields but significantly enhances the expertise of the maritime sector. In this environment, MARTECMA – Marine Technical Managers Association welcomed 2025 with its ... […]

The dry bulk market has been dubbed as quite “lackluster” with China’s economy still looking for a boost. In its latest weekly report, shipbroker Xclusiv said that “as we are just fifteen days away from the Chinese New Year seven-day public holiday (28 January 2025 to 4 February 2025), the dry freight market is quite ... […]

The first newbuilding orders of 2025 have been contracted, while activity in the second hand market remains brisk. In its latest weekly report, shipbroker Banchero Costa said that “in the dry market, the Chinese company Everbright Financial Leasing placed an order for 10 x Kamsarmax at Jiangsu Hantong Shipyard for an undisclosed price. Deliveries are ... […]

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 extended the time charter contract with Solebay Shipping Cape Company Limited, Hong Kong, for one of its Capesize dry bulk vessels, the m/v Semirio. The gross charter ... […]

The transition of shipping to clean energy sources and the decarbonization of the sector were at the core of the 4th session of the Hellenic Chamber of Shipping’s conference, titled “National Strategy for Decarbonization.” The discussion focused on crucial issues such as new technologies and alternative fuels, investments and financing, as well as the regulatory ... […]

The crude tanker trade flows are expected to change over 2025, as a result of Trump’s tariffs. In its latest weekly report, Poten & Partners said that “President Trump, who will take office on January 20 of this year has indicated that he will use tariffs as an economic and foreign policy tool. The aim ... […]

The tanker market is yet again caught in a “sea” of sanctions and changes. In its latest weekly report, shipbroker Gibson highlighted that “earlier this week, news emerged that one of the major port operators in China’s Shandong Province, Shandong Port Group (SPG), would ban the entry of vessels which appear on the United States ... […]