European Maritime

by hellenicshippingnews… on 18 November 2025 at 10:00 pm

A doubling of cargo capacity in the past nine years has been achieved by the China-owned fleet of merchant ships – bulk carriers, tankers, container ships, gas carriers and other ship types. Newbuildings on order now comprise almost a fifth of the fleet, a doubling in a few years, implying further robust expansion. What is …

by hellenicshippingnews… on 18 November 2025 at 10:00 pm

As global carriers assess the possibility of resuming Red Sea transits, Supal Shah, CEO of Sarjak Container Lines, says the real question is not whether the industry will return, but how quickly. The speed of that return will define whether the market experiences rate crashes or a more orderly stabilisation. Sarjak Container Lines operates services in and out …

by hellenicshippingnews… on 17 November 2025 at 10:00 pm

The dry bulk market has been staring at a major paradox this year, China’s iron ore import demand amid adverse local market conditions. In its latest weekly report, shipbroker Intermodal said that “one of the more interesting paradoxes in today’s dry bulk market is unfolding in China’s steel value chain. On the surface, the story …

by hellenicshippingnews… on 17 November 2025 at 10:00 pm

Selling an oil tanker in today’s sanctions landscape is not as simple as signing a contract. Under EU rules, sellers must notify authorities – and in some cases get prior approval – to avoid liability if a vessel later ends up transporting sanctioned Russian oil. The question is: how far does the seller’s responsibility go? …

by hellenicshippingnews… on 17 November 2025 at 10:00 pm

The maritime industry is experiencing a period of significant transformation, driven by rapidly evolving regulations, increasing commercial pressure, and a global shift towards reducing greenhouse gas (GHG) emissions. In response, DNV and the World Maritime Merchants Forum (WMMF) ESG team have published a new guide to help shipowners navigate these evolving challenges, an effort supported …

by hellenicshippingnews… on 16 November 2025 at 10:00 pm

The ceasefire in the Red Sea could have a significant impact in the product tanker market. In its latest weekly report, shipbroker Gibson said that “the latest ceasefire between Israel and Hamas has again raised hopes of a normalisation of Red Sea transits for commercial shipping. Earlier this week, the Houthis announced a pause to …

by hellenicshippingnews… on 16 November 2025 at 10:00 pm

Capesize The Capesize market followed a generally softer trajectory for much of the week, with sentiment steadily eroding through the first half before a late improvement offered some stabilisation. Early support from a busy Pacific, where all three major miners were active, proved short-lived as activity thinned and C5 levels slipped from the low $10s …

by hellenicshippingnews… on 16 November 2025 at 10:00 pm

At a Glance • EO imagery (electro-optical imagery) captures reflected sunlight to deliver color-based satellite views of maritime activity. • It’s the most visual layer of remote sensing intelligence, offering confirmation that complements SAR and RF detections. • Enables faster validation of data, detection of deceptive shipping practices, and continuous monitoring of maritime operations. • …

by hellenicshippingnews… on 14 November 2025 at 10:00 pm

Dirty tanker spot freight rates moved higher across the board in October, OPEC said in its latest monthly report. VLCC spot freight rates showed further gains, building on the previous month’s surge. Gains were driven by higher demand on long-haul routes. Spot freight rates on the Middle East-to-East route rose by 3%, m-o-m, while rates …

by hellenicshippingnews… on 14 November 2025 at 10:00 pm

The dirty tanker market continues to ride strong momentum, supported by a surge in oil on water, a divergence between laden and ballast speeds, and an uptick in long-haul voyages heading East. At the forefront of this strength are the VLCCs, which remain the clear leaders in the current market rally. VLCC utilisation now stands …

by hellenicshippingnews… on 14 November 2025 at 10:00 pm

Reactivity and volatility are the new constants of the dry bulk market, driven by rapid-fire news and uncertain policy decisions, according to a recent Baltic Exchange Forum. A panel at the Baltic’s Dry FFA Forum in Geneva, moderated by Ben Goggin, FFA assessor at the Baltic Exchange, explored how current geopolitical events, technology, and commodity …

by hellenicshippingnews… on 13 November 2025 at 10:00 pm

Chinese owners have dominated ordering activity at Chinese shipyards, accounting for over 65% of them, with foreign-based owners scaling back their contracting, because of the looming uncertainties. In its latest weekly report, shipbroker Xclusiv said that “Chinese shipyards remain firmly at the center of the global newbuilding landscape, capturing the lion’s share of both bulker …

by hellenicshippingnews… on 13 November 2025 at 10:00 pm

“Iron ore shipments to China have risen 7% y/y since the end of June, following a stable period during the first half of the year. However, Chinese steel production has remained weak, leading to a build-up of portside inventories which reached an eight-month high in week 45,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. The …

by hellenicshippingnews… on 13 November 2025 at 10:00 pm

The global push to tackle climate change has slowed. Ten years on from the Paris Agreement, no major G7 country appears on track to meet its 2030 emissions reduction goals. Announced goals for 2035 lack ambition, suggesting too many governments are kicking the can down the road. It is increasingly acknowledged that the world will …

by hellenicshippingnews… on 12 November 2025 at 10:00 pm

The ship recycling market has been varying in performance, depending on the individual market. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian market showed some recovery last week, with renewed buying interest offering a sense of improvement. However, with Bangladesh continuing to pay notably higher …

by hellenicshippingnews… on 12 November 2025 at 10:00 pm

Houthi militia have reportedly ceased attacks on Israel and shipping in the Red Sea (source: AP) – the impact would be seismic for global ocean container shipping, but an immediate largescale return to the region will require a series of further assurances, analysts warn. Peter Sand, Chief Analyst at Xeneta – the ocean and air …

by hellenicshippingnews… on 11 November 2025 at 10:00 pm

In the Pilbara, BHP is doubling down on growth, pledging A$1.4 billion to enhance Port Hedland infrastructure and sustain export capacity near 305 million tonnes per annum (Mtpa). The investment signals confidence in steady, high-volume output from Western Australian miners through 2026. Brazil’s Vale posted 94.4 Mt in Q3 2025, its strongest quarterly output since …