European Maritime

  • Ship Recycling Market Ends 2025 Lacking Forward Momentum
    by hellenicshippingnews… on 30 December 2025 at 10:00 pm

    The ship recycling market is ending 2025 in the same way it started, in a rather restrained fashion. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that in India, “the local market showed a marginal improvement compared to the previous week, with sentiment slightly firmer overall. However, due …

  • The future of shipping: Hydrogen powers a zero-emission maritime industry
    by hellenicshippingnews… on 30 December 2025 at 10:00 pm

    On May 25, 2023, the first hydrogen-powered inland container ship, H2 Barge 1, set sail in the Rotterdam waters, Netherlands. Retrofitted at Holland Shipyards Group in Werkendam, this hydrogen-electric barge now transports containers for Nike between the Port of Rotterdam, Port of Antwerp, and the distribution center in Meerhout. As a zero-emission vessel, the only …

  • Does your annual ocean bid process sufficiently factor in risk?
    by hellenicshippingnews… on 30 December 2025 at 10:00 pm

    Everybody is talking about risks in ocean transport operations and procurement. In this Logistics Executive Briefing, senior consultants within our global ocean freight procurement team, share insights into the practical steps shippers can take to identify, manage and mitigate risk this tender season. When we talk of risk in ocean transport, what exactly do we …

  • Newbuilding Orders End 2025 With Strong Momentum
    by hellenicshippingnews… on 29 December 2025 at 10:00 pm

    The newbuilding market has ended 2025 with strong momentum, despite being an overall slow year in terms of contracting activity. In its latest weekly report, shipbroker Intermodal said that “last week witnessed a healthy pace of newbuilding activity, concentrated mainly in the wet and containership segments. In total 11 orders were reported accounting for 30 …

  • Maximizing efficiency to minimize shipping costs and emissions
    by hellenicshippingnews… on 29 December 2025 at 10:00 pm

    Ships move most internationally traded goods between countries. Low-cost seaborne transport allows countries to import essential commodities – such as food, clothing, and pharmaceuticals – and export their own signature products competitively. To safeguard low transport costs, we have analyzed how more energy efficient shipping can support ships in switching to new energy sources in …

  • Beyond KYC: Why 2026 Demands Know Your Vessel (KYV™)
    by hellenicshippingnews… on 29 December 2025 at 10:00 pm

    For banks, trade finance teams, and risk officers, customer due diligence has long been the cornerstone of compliance. But the events of this year proved that knowing your customer is no longer enough. The vessels moving your commodities, and the behaviors they exhibit, can quietly expose your institution to sanctions breaches, fraud, and reputational damage. …

  • Tanker Market: Newbuilding Orders Slowed Down as Decarbonisation Delayed
    by hellenicshippingnews… on 28 December 2025 at 10:00 pm

    The tanker market’s supply could be seen as interesting after a slowdown in ordering activity in 2025. In its latest weekly report, shipbroker Gibson said that “this April, the IMO Net Zero Framework was established at the 83rd session of the International Maritime Organization’s (IMO) Marine Environment Protection Committee, also known as MEPC83. However, in …

  • MPV shipping set for modest growth amid global trade challenges
    by hellenicshippingnews… on 28 December 2025 at 10:00 pm

    The outlook for MPV shipping for 2026 is cautiously optimistic, supported by steady project cargo demand despite geopolitical and economic uncertainties. Project Carrier rates are expected to rise gradually after a flat 2H25, while General Cargo rates will likely remain under pressure due to intense competition from containers. The year 2025 was marked by geopolitical …

  • DNV: Net-Zero Guide
    by hellenicshippingnews… on 28 December 2025 at 10:00 pm

    The maritime industry is at the beginning of a major trans- formation. Driven by a continuously evolving regulatory environment, intensifying commercial pressure, and a gen- eral global shift towards reduced greenhouse gas (GHG) emissions, the transition to net zero is taking shape. In this context, the Net-Zero Guide (the Guide) provides a structured, practical framework …

  • Dry Bulk Shipping: An “Old-School” End to The Year
    by hellenicshippingnews… on 24 December 2025 at 10:00 pm

    The dry bulk market ended 2025 in an “old school” way, with recovery underway. In its latest weekly report, shipbroker Xclusiv said that “dry bulk closed 2025 in a very “old-school” way: not through a demand explosion, but through utilisation tightening, timing and just enough friction to turn small shifts into big rate moves. The …

  • Dry Bulk Shipping: Tonne-Day Developments and Freight Market Year-End Signals
    by hellenicshippingnews… on 24 December 2025 at 10:00 pm

    Dry bulk tonne-days reached record highs in 2025, exceeding previous historical peaks, up around 4% year on year and close to 9% compared with 2023, highlighting the role of distance-driven demand in supporting vessel utilisation. The increase in tonne-days has been driven primarily by iron ore trade, reflecting the impact of long-haul Atlantic basin exports …

  • Largescale return of container ships to Red Sea in 2026? Five key considerations for shippers
    by hellenicshippingnews… on 24 December 2025 at 10:00 pm

    There are signs that 2026 could be the year container ships make a largescale return to the Red Sea – but what would that look like and what would it mean for shippers? Below are five key considerations for shippers. 1. Different strategies to Red Sea return across carriers CMA CGM has announced the return …

  • Dry Bulk Shipping: Global Iron Ore Volumes Post Slight Increase, Despite China’s Imports Decrease
    by hellenicshippingnews… on 23 December 2025 at 10:00 pm

    Seaborne demand for iron ore remained slightly higher than 2024, despite a slight decrease in Chinese imports. In its latest weekly report, shipbroker Banchero Costa said that “2024 was another positive year for global seaborne iron ore trade. In Jan-Dec 2024, global loadings of iron ore increased by +2.3% y-o-y to 1,669.2 mln tonnes, based …

  • Bauxite helps to hold the capesize market
    by hellenicshippingnews… on 23 December 2025 at 10:00 pm

    Bauxite exports from Guinea have experienced uninterrupted y/y growth every month so far in 2025, with the final month of December likely to be no different. As a result, bauxite exports from Guinea are likely to reach 175mt, 22% higher than in 2024. This has led to bauxite being the best-performing capesize commodity behind iron …

  • Drewry’s AIS shows a structural shift in Capesize cargo flows over the past few years
    by hellenicshippingnews… on 23 December 2025 at 10:00 pm

    Drewry’s AIS data indicate a structural shift in Capesize cargo flows, driven by the rise in bauxite shipments and the gradual retreat in global coal trade on large vessels. These changing patterns are boosting the utilisation of the Capesize segment. Drewry AIS data shows that Capesize shipping has undergone notable shifts in its commodity mix …

  • Dry Bulk Shipping: Are Ton-Mile Changes on the Way?
    by hellenicshippingnews… on 22 December 2025 at 10:00 pm

    The dry bulk market could face a shift in ton-mile demand moving forward. In its latest weekly report, shipbroker Intermodal said that “as 2025 draws to a close, the transitional period for the EU’s Carbon Border Adjustment Mechanism (CBAM) is coming to an end. From January 1st, 2026, CBAM enters its definitive phase, with reporting …

  • Smoother sailing for dry bulk market in 2026, but some swells remain
    by hellenicshippingnews… on 22 December 2025 at 10:00 pm

    Drewry expects the dry bulk market to improve in 2026 after a year of geopolitical disruptions and trade uncertainty shaped the market sentiment more than underlying demand–supply fundamentals. The second half of 2025 has already shown an apparent stabilisation, and the recent easing of the USTR policy, along with the US–China tariff truce announced in …

  • A Red Sea return would be a game changer for container shipping in 2026
    by hellenicshippingnews… on 22 December 2025 at 10:00 pm

    Why a Red Sea return will make waves Container lines deciding to navigate back to the Red Sea is arguably the most important development to watch for in the global shipping market next year. And it’s not a matter of ‘if’, but ‘when’. And should one big company decide it’s worth the risk, others will …

  • Tanker Market: A Year in Review
    by hellenicshippingnews… on 21 December 2025 at 10:00 pm

    To say that 2025 was quite an eventful for the tanker markets, would be an understatement. In its latest weekly report, shipbroker Gibson said that “it has been another year for the books in the tanker markets, with almost too many events to recap. We covered the first half of the year in our earlier …

  • LNG shipping in 2025: The year was quiet until ‘Winter’ arrived
    by hellenicshippingnews… on 21 December 2025 at 10:00 pm

    LNG shipping rates in full-year 2025 were at their historic lows, with those for TFDE carriers down 48% YoY and those for XDF/MEGI down 35% YoY, despite the picture changing unexpectedly, which saw rates surging over $100,000pd in October and November due to the advent of winter. The year started on a weak note: US–China …