Industry Trends

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

Australian coal exports to China soared during 2024, helping sustain solid freight demand. In a recent report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global seaborne coal loadings increased by +2.4% yo-y to 1,371.8 mln t (excluding cabotage), based on vessel tracking data from AXS Marine. This represents a slowdown from the +5.8% y-o-y …

on 17 January 2025 at 3:59 pm

International automakers are putting much-needed investment into Indian manufacturing facilities to increase export capacity.

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

The tanker market showed mixed performance during the month of December, according to OPEC’s latest monthly report. Dirty spot freight rates showed diverse movements in the last month of the year, falling on routes to Asia and out of the Middle East, while strengthening in the Atlantic Basin and Mediterranean. On the Middle East-to-East route, …

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

CMA D. ARGOUDELIS & CO S.A. proudly announces its inclusion in the inaugural Great Place to Work® “Best Workplaces™ in Professional Services & Consulting Hellas 2025” industry list. This prestigious recognition comes as a result of the company’s participation in the annual Trust Index© work environment survey and marks CMA’s fourth consecutive certification by Great …

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

In the midst of rapid changes in the regulatory framework, a multitude of technical challenges and ongoing technological developments, the exchange of knowledge, information and experience among shipping company executives, not only shields but significantly enhances the expertise of the maritime sector. In this environment, MARTECMA – Marine Technical Managers Association welcomed 2025 with its …

on 16 January 2025 at 8:26 pm

A new report from the Biden administration alleges that Beijing has a poor compliance record with the WTO, practices duplicitous trade policies that give the country unfair advantages, and operates with an overall lack of transparency.

on 16 January 2025 at 6:07 pm

The question is not whether the market will be strong in the first quarter, but rather how high rates will climb, writes analyst Richard Bright.

on 16 January 2025 at 5:01 pm

The moves by Hapag-Lloyd and CMA CGM come amid uncertainty about the outlook for the intra-Asia trade, with one analyst suggesting a possible rate war could see prices in the region tumble if there is no summer peak season.

on 16 January 2025 at 4:38 pm

The peace deal in Gaza is highlighting the capacity overhang facing container shipping once vessels absorbed by the longer voyages around southern Africa return to the shorter route via the Red Sea and Suez.

by hellenicshippingnews… on 15 January 2025 at 10:00 pm

The dry bulk market has been dubbed as quite “lackluster” with China’s economy still looking for a boost. In its latest weekly report, shipbroker Xclusiv said that “as we are just fifteen days away from the Chinese New Year seven-day public holiday (28 January 2025 to 4 February 2025), the dry freight market is quite …

on 15 January 2025 at 8:05 pm

With the president-elect looking to unwind some Biden administration policies, US port operators want to ensure that maritime transportation funding will not be unduly affected.

on 15 January 2025 at 3:29 pm

A handful of companies unveiled new products in the last week intended to enable decision-making based off the visibility data they provide.

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

The first newbuilding orders of 2025 have been contracted, while activity in the second hand market remains brisk. In its latest weekly report, shipbroker Banchero Costa said that “in the dry market, the Chinese company Everbright Financial Leasing placed an order for 10 x Kamsarmax at Jiangsu Hantong Shipyard for an undisclosed price. Deliveries are …

by hellenicshippingnews… on 14 January 2025 at 6:00 pm

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Solebay Shipping Cape Company Limited, Hong Kong, for one of its Capesize dry bulk vessels, the m/v Semirio. The gross charter …

by hellenicshippingnews… on 14 January 2025 at 6:00 pm

The transition of shipping to clean energy sources and the decarbonization of the sector were at the core of the 4th session of the Hellenic Chamber of Shipping’s conference, titled “National Strategy for Decarbonization.” The discussion focused on crucial issues such as new technologies and alternative fuels, investments and financing, as well as the regulatory …

on 14 January 2025 at 5:17 pm

The pricing move means a general rate increase planned by carriers for Jan. 15 will not be implemented, forwarders say, because demand is not sufficient to support another boost.

on 14 January 2025 at 4:48 pm

The shipowner’s decision to expand its MPV fleet is underpinned by expected growth in project cargo volumes and a lack of suitable ships.

on 14 January 2025 at 3:46 pm

The carrier said its ability to capture market share was directly linked to a shift in trade dynamics as mainline operators outsourced intra-regional services to more agile operators.

on 13 January 2025 at 10:05 pm

The twin complaints to the FMC charge that several ocean carriers pushed the shippers into paying surcharges and premium rates totaling $5.5 million, while creating another $76 million in added spot market costs.

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

The crude tanker trade flows are expected to change over 2025, as a result of Trump’s tariffs. In its latest weekly report, Poten & Partners said that “President Trump, who will take office on January 20 of this year has indicated that he will use tariffs as an economic and foreign policy tool. The aim …