European Maritime

by hellenicshippingnews… on 18 August 2025 at 9:00 pm

The International Maritime Organization (IMO) has approved amendments in MARPOL Annex VI, creating a Net-Zero Framework (NZF) and promoting the energy transition within international shipping, with the aim of achieving net-zero carbon emissions by 2050. While this global agreement signals a turning point, regional regulators—particularly the European Union—face pressure to align their ambitious shipping regulations …

by hellenicshippingnews… on 18 August 2025 at 9:00 pm

The Persian Gulf, a vital corridor for global energy and trade, is increasingly affected by a sophisticated threat to maritime safety: the manipulation and disruption of Automatic Identification System (AIS) signals. Since mid-2025, numerous vessels have reported incidents of AIS spoofing and GPS jamming, with ships falsely appearing to have called at ports in sanctioned …

by hellenicshippingnews… on 18 August 2025 at 9:00 pm

Shipping’s reliance on outdated, paper-driven compliance processes is putting unnecessary strain on crews and undermining safety, warns Fabian Fussek, Co-Founder and CEO of Kaiko Systems. The company is calling for digitalisation to be recognised as a tool to empower, not replace, seafarers. “On too many vessels, seafarers are still buried in paper logs, excel sheets, …

by hellenicshippingnews… on 17 August 2025 at 9:00 pm

Capesize The Capesize market held broadly steady this week, moving within a narrow range as sentiment shifted between softer patches and bursts of firmer activity. In the Pacific, early caution prevailed despite multiple miners in the market, with C5 rates dipping below $10 midweek, rebounding to the low $10s as operator-led fixtures gained traction, then …

by hellenicshippingnews… on 17 August 2025 at 9:00 pm

Digital transformation in offshore operations doesn’t begin with most advanced complex solutions —it starts with solving the everyday data access issues engineers face. Aize’s digital twin is doing just that for FPSO operators. Why Data Alone isn’t the Answer The oil and gas industry has never had a shortage of data. But for the technicians, …

by hellenicshippingnews… on 14 August 2025 at 9:00 pm

This week’s Chart Monitor highlights a significant increase in Brazilian iron ore shipments, up 18% in Q2 compared to Q1, with July volumes reaching nearly 38 million tonnes (from about 29 million tonnes at the start of 2025). This marks the strongest monthly level since the beginning of the year and outpaces the same period …

by hellenicshippingnews… on 14 August 2025 at 9:00 pm

“During the first seven months of 2025, Nigeria’s seaborne imports of clean petroleum products (CPP) declined by 39% compared to the same period in 2024, reaching 230 thousand barrels per day (kbpd). The decrease follows a 19% reduction during 2024,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. The reduction in imports is due to the …

by hellenicshippingnews… on 14 August 2025 at 9:00 pm

Market average on the Transpacific trade from Far East to US West Coast sits just above USD 2000 per FEU, the lowest it has been since end-2023, just as the Red-Sea crisis was escalating. While pace of the decline in June was high, rates are still sliding – falling 6% from end-July. This muted deterioration …

by hellenicshippingnews… on 13 August 2025 at 9:00 pm

Ship owners and operators are under pressure to reduce costs without compromising ship reliability and performance – but ship maintenance can be expensive. Here are twelve simple ways to save money on ship maintenance. In a hurry? Here are the six key takeaways Unscheduled maintenance can cost you up to 50% more than planned maintenance. …

by hellenicshippingnews… on 13 August 2025 at 9:00 pm

Detentions In the 2nd quarter of 2025, 73 DNV-classed vessels were detained. Most of those detentions, more than 80%, were recorded in the Tokyo and Paris MoUs, and the majority of the detentions involved containerships and bulk carriers: Detainable deficiencies A total of 252 detainable deficiencies were recorded during the PSC inspections, leading to 73 …

by hellenicshippingnews… on 12 August 2025 at 9:00 pm

Minor bulk, made up of all dry cargo types that are not categorized as iron ore, coal, or grains, has consistently outperformed the previous year in terms of total tonnage exported. In July, this trend was no different as total tonnage of minor bulk exports grew by 8% compared with the same period last year. …

by hellenicshippingnews… on 12 August 2025 at 9:00 pm

In a sector as dynamic as shipping, curiosity is often the spark that drives meaningful innovation. For Klaveness Dry Bulk (KDB), curiosity, one of the four company values within the Klaveness Group, has evolved into a practical approach shaping how teams collaborate, explore solutions, and challenge long-held assumptions. “At its heart, curiosity for us is …

by hellenicshippingnews… on 12 August 2025 at 9:00 pm

The BIMCO Liquid Cargo database is intended for use by for shore-side staff and to some extent for newcomers to the tanker trade and should only be used as a reference tool providing brief information regarding the more than 360 of the commonly transported liquid cargoes including Condensate. Trade name/synonym name: Condensate is a MARPOL …

by hellenicshippingnews… on 11 August 2025 at 9:00 pm

When it comes to using AI in shipping, the question isn’t “When?” but “How?” That’s because AI-powered solutions for maritime are already here. With owners and operators under pressure to continuously improve vessel efficiency and comply with ever-stricter regulations, AI can offer some unexpected solutions. In a hurry? Here are the four key takeaways: Using …

by hellenicshippingnews… on 11 August 2025 at 9:00 pm

In an era of tightening environmental regulations, energy efficiency of marine assets is a growing concern for leading ship management companies. While operational measures to improve a ship’s Greenhouse Gas (GHG) footprint have been extensively applied due to their low to “no” cost, Energy-Saving Devices (ESDs) have until recently faced a lower adoption, weighed down …

by hellenicshippingnews… on 10 August 2025 at 9:00 pm

Capesize The Capesize market experienced a mixed and somewhat volatile week, marked by early weakness followed by a midweek rebound and gradually firmer sentiment, particularly in the Atlantic. In the Pacific, despite steady miner activity on C5, freight rates fluctuated, slipping as low as $9.55, rebounding midweek to $10.40 before easing back to $10.00 and …