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News
Hellas: The Shipping Fleet Grew in Both Size and Age During 2022
The Greek-owned fleet grew in size during 2022, but as newbuilding deliveries dwindled, so did its age. In fact the…
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News
Dry Bulk Market: Capesize Market Gradually Stabilizing
Capesize The Pacific market this week was marked by overall sluggishness, experiencing limited activity. The presence of two out of…
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Tankers: Rates Fall, While Ships’ Prices Keep Their Cool
The tanker market has experienced significant downward pressure so far in 2023, but this hasn’t affected ship prices as much.…
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Sustainable bio-path towards decarbonization | Hellenic Shipping News Worldwide
The shipping industry is facing a pressing challenge: the need to decarbonise and reduce its impact on climate change. As…
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Risk of rising congestion looms at San Pedro Bay ports
Transit times and productivity are back to normal at USWC ports, and with a new labour agreement finally in place…
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Damen to supply air lubrication system to Amisco vessel
Damen to supply air cavity system to Amisco to reduce emissions (source: Damen) 21 Jul 2023by Riviera News Damen…
Read More » ABS Approves Fully Autonomous Ship Framework for Monohakobi Technology Institute and Japan Marine Science
Key Milestone Toward Full Autonomy (SINGAPORE) The design of a pioneering, fully autonomous ship framework has received approval in…
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News
More Newbuilding Orders Reported, as Greek Ship Owners Are Making Moves
Newbuilding activity grew this past week, with more orders being reported. In its latest weekly report, shipbroker Allied said that…
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Dirty Russian oil exports to India and clean ones to Turkey with the highest monthly export volume
As the third week of July unfolded, crude oil market rates continued to grapple with negative pressure, compounded by a…
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Key US grain exports could fall 15% in 2023, brighter outlook ahead
US soybean, maize, and wheat exports could fall 15% in 2023 due to droughts that affected harvests last year. However,…
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