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Tankers: China’s Crude Oil Imports Retreatingby hellenicshippingnews… on 29 August 2025 at 9:00 pm
China’s crude oil imports have been declining since the start of 2025. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global crude oil loadings went up by a modest +0.4% y-o-y to 2194.6 mln tonnes, excluding all cabotage trade, according to vessels tracking data from LSEG. This year started even …
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Marasco Marine Ltd: Redefining Marine Insurance Through Risk Prevention and Technologyby hellenicshippingnews… on 29 August 2025 at 9:00 pm
In today’s volatile maritime environment, the conversation around insurance is no longer limited to premiums, clauses, and exclusions. The true battleground is risk prevention. At Marasco Marine Ltd, we firmly believe that the smartest investment shipowners can make is not in more steel, but in smarter thinking. This belief has guided us since our founding …
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Niche carriers plan to ride out declining spot rates on the trans-Pacificon 29 August 2025 at 6:46 pm
The carriers, because they offer services tailored to their customers’ needs, say they are “sheltered” somewhat from declining spot rates given they are able to charge a premium for those services.
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Shipper groups say terminal deals will bring labor peace to Australia’s wharveson 29 August 2025 at 4:21 pm
The four-year pacts with Hutchison Ports Australia and Victoria International Container Terminal were confirmed by the Maritime Union of Australia on Thursday.
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EPCs emboldened by investments in energy, tech and defense projectson 29 August 2025 at 1:59 pm
Revamped energy priorities in the US and data-related industrial projects are driving out-of-gauge cargo demand.
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2025 Ship Sales Experience Slowdownby hellenicshippingnews… on 28 August 2025 at 9:00 pm
Sales of secondhand bulkers and tankers have been on a downtrend since the start of 2025, compared to last year. In its latest weekly report, shipbrtoker Xclusiv said that “since the start of the year till now, S&P activity for bulk carriers and tankers experienced a slowdown compared to the same period in 2024. From …
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External pressures putting ‘fungibility’ of container shipping at risk: analyston 28 August 2025 at 8:57 pm
The days where container ships could be seen as fungible assets used in flexible ways might be coming to an end, leading to inefficiencies — and higher costs — in global liner networks, writes Lars Jensen.
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Cosco H1 net profit ticks 4% higher amid ‘complex’ container shipping marketon 28 August 2025 at 6:31 pm
The Chinese state-controlled carrier said in an interim earnings statement the industry experienced a volatile first half of 2025 due to “tariff swings and lingering geopolitical tensions.”
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Charleston’s Navy Base rail yard project faces delays, big cost overrunson 28 August 2025 at 5:42 pm
The opening of the first phase of the port’s new on-dock rail yard will be delayed until next year, while the project faces a 42% increase in budgeted costs.
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Ship Recycling Activity Picking Up Paceby hellenicshippingnews… on 27 August 2025 at 9:00 pm
The ship recycling market has picked up the pace, especially in some markets, like India, but still remains overall lacklustre. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “ship recycling markets across South Asia and Türkiye showed steady trends this week, with India continuing to lead regional …
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ILA suing Virginia port, chief executive over rollout of new rail craneson 27 August 2025 at 5:53 pm
The union claims the Virginia Port Authority is tacitly violating the new master contract’s technology clauses through its influence over the port’s main terminal employer.
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European ports face continued congestion; Asia gateways saw mixed results in Q2: analysison 27 August 2025 at 5:11 pm
S&P Global Market Intelligence’s Global Port Congestion Analysis shows that half of Northern Europe’s ports reported year-over-year declines in port moves per hour in the second quarter, while Asian ports faced higher arrival process times and mixed efficiency results.
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The Glyfada Greek Maritime Golf Event Scheduleby hellenicshippingnews… on 27 August 2025 at 5:00 pm
The top golf event of the maritime industry returns once again, offering a unique blend of sports and business on a world-class course. Glyfada Greek Maritime Golf Event will take place at the iconic Glyfada Golf Course on Friday, September 5, 2025, promising a day filled with energy and competition. This year’s tournament is expected, …
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DCSA turns to industry partners to drive shipping standards adoptionon 27 August 2025 at 2:25 pm
Tech services company WNS is being added as the Digital Container Shipping Association’s “execution arm” to embed standards into systems commonly used by carriers, forwarders and shippers.
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India-US liners adjust capacity to prepare for tariff-linked volume downturnon 27 August 2025 at 1:33 pm
Local freight forwarders who spoke with the Journal of Commerce have reported three upcoming blank calls out of West India through the first half of September in anticipation of lower cargo lifts.
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Newbuilding Ordering Activity Picks Up Paceby hellenicshippingnews… on 26 August 2025 at 9:00 pm
With the summer holidays nearing their end, newbuilding activity has been picking up pace. In its latest weekly report, shipbroker Best Oasis said that “in the container sector, Canadian company Seaspan Corp. placed an order of 6 x 9,000 teu carriers to Chinese yard Hudong-honghua. No prices were disclosed, and deliveries are scheduled for Q3 …
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Rocky stretch ahead for shippers, carriers in 2026 and beyondon 26 August 2025 at 7:21 pm
Sentiment heard with greater frequency from within the industry and from financial analysts holds that overcapacity will overwhelm constraints on capacity in a possible multi-year swoon.
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Zim signals changes to Med network amid apparent Turkish port banon 26 August 2025 at 6:13 pm
The Israeli carrier said it’s taking steps to comply with a purported ban on its ships at Turkish ports as relations between the two countries sour over the war in Gaza.
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Ocean carriers intensify cost-cutting efforts as rates slide on major tradeson 26 August 2025 at 3:33 pm
The unit cost of moving a container has been pushed higher compared with the prevailing pre-pandemic price structure, according to carrier executives, prompting cost-control measures.
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A Shakeout in the Global Shipbuilding Industry is in Full Motionby hellenicshippingnews… on 25 August 2025 at 9:00 pm
In a period when global shipping is looking to undetake its most ambitious fleet renewal programme ever, as a result of the sector’s decarbonization process, shipbuilding is experiencing a major overhaul, as a result of US policies. In a recent weekly note, shipbroker Intermodal said that “recently, the shipbuilding sector has witnessed notable developments across …