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https://www.hellenicshippingnews.com/global-lng-freight-falls-sharply-as-bintulu-lngs-up-to-three-trains-temporarily-down/ | 2025-04-18T00:00:00 | Global LNG freight falls sharply as Bintulu LNG’s up to three trains temporarily down | Global LNG freight tumbled sharply April 16 as at least three of the nine trains at Bintulu LNG were temporarily down due to technical issues and this delayed export loadings at the port, prompting shippers to relet their ships, two sources with a direct knowledge of the matter said.“Some of the LNG tankers that were s... | [
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https://www.hellenicshippingnews.com/imos-net-zero-strategy-for-global-shipping-starts-with-pricing-carbon-but-its-not-perfect/ | 2025-04-18T00:00:00 | IMO’s net-zero strategy for global shipping starts with pricing carbon but it’s not perfect | The IMO has adopted a framework that puts a price on carbon exceeding target levelsOn Friday, 11 April, the Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) agreed upon a set of mid-term measures to get the sector on track to net-zero by 2050. This follows the global shipp... | [
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https://www.hellenicshippingnews.com/landmark-imo-deal-set-to-shake-up-shipping/ | 2025-04-18T00:00:00 | Landmark IMO deal set to shake up shipping | A decisive moment for global shipping regulation unfolded last week as the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) concluded its 83rd session, which culminated in the approval of draft amendments establishing the ‘IMO Net-Zero Framework’.This global mechanism will comb... | [
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https://www.hellenicshippingnews.com/russian-arctic-oil-exports-to-china-jump-helped-by-sts-transfers-sources-say/ | 2025-04-18T00:00:00 | Russian Arctic oil exports to China jump helped by STS transfers, sources say | Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port are not on U.S. sanctions lists, according to traders and data from Vortexa.The Arctic oil business accounts for a tenth of Russia’s seaborne oil exports which we... | [
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https://www.hellenicshippingnews.com/baltic-index-rises-on-strong-rates-across-vessels/ | 2025-04-18T00:00:00 | Baltic Index Rises On Strong Rates Across Vessels | The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose on Friday as demand increased across all vessel segments.The main index, which tracks rates for capesize, panamax and supramax shipping vessels, gained 20 points, or 1.6%, to 1,261. But the index was dow... | [
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https://www.hellenicshippingnews.com/flng-gimi-completes-first-lng-offload/ | 2025-04-18T00:00:00 | FLNG Gimi completes first LNG offload | Golar LNG Limited (“Golar”) is pleased to announce that FLNG Gimi completed the offload of its first full LNG cargo to the LNG carrier British Sponsor. This introduces Mauritania and Senegal to the international gas market and triggers the final pre-Commercial Operations Date milestone bonus payment to Golar under the ... | [
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https://www.hellenicshippingnews.com/imo-outcomes-of-the-marine-environment-protection-committee-mepc-83/ | 2025-04-18T00:00:00 | IMO: Outcomes of the Marine Environment Protection Committee (MEPC 83) | The Marine Environment Protection Committee (MEPC) met for its 83rd session in person at IMO Headquarters in London (with remote participation enabled) from 7 to 11 April 2025. The meeting was chaired by Dr. Harry Conway (Liberia), with Mr. Hanqiang Tan (Singapore) as Vice-Chair.MEPC 83 highlights:Tackling climate chan... | [
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https://www.hellenicshippingnews.com/record-breaking-carbon-emissions-in-ocean-container-shipping-heres-what-shippers-need-to-know/ | 2025-04-18T00:00:00 | Record-breaking carbon emissions in ocean container shipping: here’s what shippers need to know | Latest data reveals global ocean container shipping emitted all-time high carbon emissions in 2024, driven largely by the impact of conflict in the Red Sea.The data, released by Xeneta and Marine Benchmark this week, is a timely reminder that, while the geo-political climate is heating up due to the US tariff announcem... | [
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https://www.hellenicshippingnews.com/trade-war-fallout-cancellations-of-chinese-freight-ships-begin-as-bookings-plummet/ | 2025-04-18T00:00:00 | Trade war fallout: Cancellations of Chinese freight ships begin as bookings plummet | U.S. importers are being notified of an increase in canceled sailings by freight ships out of China as ocean carriers try to balance the pullback in orders resulting from President Trump’s tariffs and the escalation of tensions in the trade war.A total of 80 blank, or canceled, sailings out of China have been recorded ... | [
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https://www.hellenicshippingnews.com/fortescue-and-cmb-tech-sign-agreement-for-ammonia-powered-ore-carrier-2/ | 2025-04-18T00:00:00 | Fortescue and CMB.TECH sign agreement for ammonia-powered ore carrier | Fortescue has signed an agreement with Bocimar, part of CMB.TECH, to charter a new ammonia-powered vessel. This emphasises the commitment of both companies to decarbonise the shipping industry.The 210,000 dwt Newcastlemax vessel is expected to be delivered to Fortescue by the end of next year and will play a vital role... | [
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https://www.hellenicshippingnews.com/lloyds-register-and-pusan-national-university-partnership-to-drive-innovation-in-liquefied-hydrogen-carrier-technology/ | 2025-04-18T00:00:00 | Lloyd’s Register and Pusan National University Partnership To Drive Innovation In Liquefied Hydrogen Carrier Technology | The partnership aims to advance liquefied hydrogen carrier technology, promoting sustainable and zero-emission maritime transport.Lloyd’s Register (LR) has signed an agreement with the Hydrogen Ship Technology Center at Pusan National University (PNU) in Korea, forming an international partnership aimed at advancing li... | [
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https://www.hellenicshippingnews.com/singapore-fuel-oil-stockpiles-climb-on-strong-mideast-inflows/ | 2025-04-18T00:00:00 | Singapore fuel oil stockpiles climb on strong Mideast inflows | Onshore fuel oil stockpiles at key trading hub Singapore rose for a second straight week, supported by strong inflows of Middle Eastern supply, data showed on Thursday.Residual fuel inventories (STKRS-SIN) were at 22.9 million barrels (about 3.6 million metric tons) in the week to April 16, based on Enterprise Singapor... | [
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https://www.hellenicshippingnews.com/wista-india-conference-shines-spotlight-on-sustainable-shipping-and-diversity-success/ | 2025-04-18T00:00:00 | WISTA India Conference shines spotlight on sustainable shipping and diversity success | Sustainable shipping and successes in diversity took centre stage at the inaugural WISTA India ExCo Conference in Mumbai, which coincided with the first WISTA International Mid-Term Meeting to take place in India.With WISTA International membership exceeding 6,000 this month, the Executive Committee (ExCo) met over two... | [
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https://www.hellenicshippingnews.com/xeneta-weekly-ocean-container-shipping-market-update-average-spot-rates-from-far-east-to-mediterranean-increased-6-8/ | 2025-04-18T00:00:00 | Xeneta Weekly Ocean Container Shipping Market Update: Average spot rates from Far East to Mediterranean increased 6.8% | Average spot rates from Far East to US East Coast and US West Coast are flat during April to stand at USD 3951 per FEU (40ft container) and USD 2910 per FEU respectively.Average spot rates from Far East to North Europe increased 4.8% on 15 April to stand at USD 2457 per FEU.Average spot rates from Far East to Mediterra... | [
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https://www.hellenicshippingnews.com/leading-maritime-charities-partner-to-launch-industry-first-programme-to-support-neurodivergent-seafarers/ | 2025-04-18T00:00:00 | Leading Maritime charities partner to launch industry-first programme to support neurodivergent seafarers | As part of our ongoing efforts to foster greater equity, diversity and inclusion within the maritime space, NeurodiversAtSea, the Seafarers Hospital Society and The Seafarers’ Charity are delighted to announce the launch of an industry-first project to provide tailored support to neurodivergent seafarers.The project bu... | [
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https://www.hellenicshippingnews.com/seafarers-are-key-workers-ilo-declares/ | 2025-04-18T00:00:00 | Seafarers are key workers, ILO declares | Seafarers have been declared to be key workers by a formal resolution of the International Labour Organization, which met in Geneva, Switzerland recently (7 to 11 April 2025).Recalling the disruptions to shipping and seafarers caused by governmental responses to SARS-CoV2 (the virus that causes the COVID respiratory di... | [
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https://www.hellenicshippingnews.com/new-sailor-6110-mini-c-gmdss-system-software-release-cuts-cost-noise-and-waste-with-printerless-operation/ | 2025-04-18T00:00:00 | New SAILOR 6110 mini-C GMDSS System Software Release Cuts Cost, Noise and Waste with Printerless Operation | Cobham Satcom, a global leader in maritime safety and satellite communication technology, has released a significant update to its SAILOR 6110 mini-C GMDSS system. Available from today, the new software version unlocks printerless operation, aligning with the International Maritime Organization’s (IMO) Resolution MSC.4... | [
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https://www.hellenicshippingnews.com/jamaica-welcomes-progress-on-greenhouse-gas-reduction/ | 2025-04-17T00:00:00 | Jamaica welcomes progress on greenhouse gas reduction | The agreement on a framework to achieve the International Maritime Organisation’s greenhouse gas (GHG) reduction targets for the international shipping industry was a historic achievement for Jamaica and member States of the Caribbean Community commonly known a CARICOM.Speaking after the close of the IMO’s Marine Envir... | [
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https://www.hellenicshippingnews.com/est-floattech-expands-type-approved-certifications-for-the-octopus-series-with-rina/ | 2025-04-17T00:00:00 | EST-Floattech expands type approved certifications for the Octopus Series with RINA | EST-Floattech, Dutch supplier of maritime battery systems, gains the RINA type approval for the Octopus Series, designed for ESS applications from 100 kWh to multiple MWh. With this, the company’s Octopus Series, currently consisting of High Energy, High Power, Lite and Lite XL modules, has once again demonstrated its ... | [
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https://www.hellenicshippingnews.com/asia-fuel-oil-spot-differentials-ease-in-thin-pre-holiday-trade/ | 2025-04-17T00:00:00 | Asia Fuel Oil: Spot differentials ease in thin pre-holiday trade | Spot differentials for fuel oil retreated on Thursday, with trading momentum thinning ahead of a holiday.Singapore cash differential for very low sulphur fuel oil (VLSFO) dipped backed to around a premium of $3 a metric ton over Singapore quotes, reflecting slightly softer offers.Margins for VLSFO (LFO05SGBRTCMc1) cont... | [
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https://www.hellenicshippingnews.com/us-issues-new-sanctions-targeting-chinese-importers-of-iranian-oil/ | 2025-04-17T00:00:00 | US issues new sanctions targeting Chinese importers of Iranian oil | The United States on Wednesday issued new sanctions targeting Iran’s oil exports, including against a China-based “teapot refinery”, as President Donald Trump’s administration seeks to ramp up pressure on Tehran.The U.S. Treasury Department said in a statement the action would increase pressure on Chinese importers of ... | [
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https://www.hellenicshippingnews.com/shipping-china-cargo-bookings-expected-to-plunge-as-us-trade-war-intensifies/ | 2025-04-17T00:00:00 | SHIPPING: China cargo bookings expected to plunge as US trade war intensifies | Container throughput from China’s main ports fell by 6.1% over the past week and cargo bookings over the next three weeks are projected to be down by 30-60% in China and by 10-20% in the rest of Asia as the trade war intensifies.Market intelligence group Linerlytica said the Labor Day holiday in China will further damp... | [
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https://www.hellenicshippingnews.com/fujairah-data-ship-fuel-sales-soar-15-in-march-from-record-low-in-feb/ | 2025-04-17T00:00:00 | FUJAIRAH DATA: Ship fuel sales soar 15% in March from record low in Feb | Ship fuel sales at the UAE’s Port of Fujairah, the world’s third-largest bunkering hub, jumped 15% in March to 644,802 cu m month over month, the highest since August, according to data published April 15.The sales rose from 558,300 cu m in February, the lowest since the port began sharing data with S&P Global Commodit... | [
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https://www.hellenicshippingnews.com/a-call-for-essential-maritime-waste-management-training/ | 2025-04-17T00:00:00 | A Call for Essential Maritime Waste-Management Training | In my 30 years in the industry, I have witnessed firsthand how waste handling on ships remains one of the most underestimated challenges in maritime operations. The problem is not a lack of care—officers and crew members do not want to pollute the oceans. We have previously written about regulatory shortfalls, substand... | [
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https://www.hellenicshippingnews.com/standardisation-across-maritime-it-systems-essential-for-future-of-industry/ | 2025-04-17T00:00:00 | Standardisation across maritime IT systems ‘essential’ for future of industry | Ensuring that standardisation and interoperability across maritime IT systems is firmly encased in regulations is crucial to becoming a safer and more unified industry, says SmartSea.The maritime industry has long been labelled as fragmented with multiple uncoordinated IT systems and no proper support or guidance from ... | [
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https://www.hellenicshippingnews.com/baltic-index-falls-to-six-week-low-as-capesize-rates-dip/ | 2025-04-17T00:00:00 | Baltic Index Falls To Six-Week Low As Capesize Rates Dip | The Baltic Exchange’s dry bulk sea freight index on Wednesday slipped to a six-week low as rates for capesize vessels dipped.The main index, which tracks rates for capesize, panamax and supramax shipping vessels, dropped 22 points, or 1.7%, to 1,241, its lowest level since March 5.The capesize index fell to a near seve... | [
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https://www.hellenicshippingnews.com/agreement-reached-on-new-global-minimum-wage-for-seafarers/ | 2025-04-17T00:00:00 | Agreement Reached on New Global Minimum Wage for Seafarers | The International Labour Organization (ILO) has concluded the latest round of minimum wage negotiations for able seafarers at a meeting of the Subcommittee on Wages of Seafarers of the Joint Maritime Commission (JMC), held in Geneva on 14 and 15 April 2025.This critical bipartite dialogue brought together shipowners an... | [
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https://www.hellenicshippingnews.com/dry-weekly-market-monitor-grain-dry-bulk-flows-brazil-vs-u-s-a/ | 2025-04-17T00:00:00 | Dry Weekly Market Monitor: Grain Dry Bulk Flows (Brazil Vs U.S.A) | This week’s highlight focuses on the shifting trends in soybean dry bulk flows from Brazil and the U.S. to China, following the latest round of tariffs imposed amid escalating trade tensions. We had already anticipated these changes in agricultural trade dynamics in November 2024, following the outcome of the U.S. elec... | [
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https://www.hellenicshippingnews.com/container-quarterly-outlook-remains-grim-as-carriers-struggle-with-overcapacity-weak-demand-in-q1-2025/ | 2025-04-17T00:00:00 | CONTAINER QUARTERLY: Outlook remains grim as carriers struggle with overcapacity, weak demand in Q1 2025 | The European container market experienced further deterioration in the first quarter of 2025, marked by persistent bearish sentiment and significant fluctuations in spot rates.The quarter was defined by aggressive pricing strategies among carriers, compounded by geopolitical uncertainties and ongoing port congestion.Ja... | [
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https://www.hellenicshippingnews.com/new-edition-of-drug-trafficking-and-drug-abuse-on-board-ship-guidelines-for-owners-and-masters-on-preparation-prevention-protection-and-response/ | 2025-04-17T00:00:00 | New edition of Drug Trafficking and Drug Abuse On Board Ship – Guidelines for Owners and Masters on Preparation, Prevention, Protection and Response | The International Chamber of Shipping (ICS) and Witherby Publishing Group have released a new edition of ‘Drug Trafficking and Drug Abuse On Board Ship – Guidelines for Owners and Masters on Preparation, Prevention, Protection and Response’.This publication provides guidance on how to combat drug trafficking at sea and... | [
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https://www.hellenicshippingnews.com/vlsfo-spot-premium-inches-up-on-more-trading-momentum/ | 2025-04-17T00:00:00 | VLSFO spot premium inches up on more trading momentum | Asia’s spot premium for very low sulphur fuel oil (VLSFO) was stable to higher on Wednesday after more trades at stronger premiums emerged.The cash differential for VLSFO was pegged at a premium of $3.50 a metric ton to Singapore quotes, with three trades done at stronger premiums compared to the previous day.However, ... | [
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https://www.hellenicshippingnews.com/pwc-completes-latest-independent-assurance-audit-of-baltic-exchange-information-services-ltd-dry-bulk-and-container-indices/ | 2025-04-17T00:00:00 | PwC Completes Latest Independent Assurance Audit Of Baltic Exchange Information Services Ltd Dry Bulk And Container Indices | Baltic Exchange Information Services Limited (BEISL) has published its latest independent assurance reports following its most recent audit by PricewaterhouseCoopers LLP (PwC).The independent audits, which are commissioned annually by the directors of BEISL, are conducted to ensure the way Baltic Exchange assesses ocea... | [
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https://www.hellenicshippingnews.com/wartsila-upgrade-package-expected-to-deliver-potential-co2-emissions-savings-of-over-1500-tons-annually-for-two-ulusoy-bulk-carriers/ | 2025-04-17T00:00:00 | Wärtsilä upgrade package expected to deliver potential CO2 emissions savings of over 1,500 tons annually for two Ulusoy bulk carriers | Technology group Wärtsilä will upgrade the Wärtsilä RT-flex main engines on two bulk carrier vessels owned by Turkey-based Ulusoy Sealines. The planned engine retrofits and upgrades will extend the vessels’ operational life and improve both performance and fuel efficiency, thereby significantly reducing emissions. The ... | [
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https://www.hellenicshippingnews.com/v-secures-full-management-contract-with-international-seaways-for-six-dual-fuel-lng-ready-newbuild-tankers/ | 2025-04-17T00:00:00 | V. secures full management contract with International Seaways for six dual-fuel (LNG) ready newbuild tankers | V., the global ship manager and marine services provider, has been awarded the full technical and crew management of six scrubber-fitted, dual-fuel (LNG) ready LR1 vessels by International Seaways, Inc.The contract further strengthens V.’s long-standing partnership with INSW in which V.Ships UK already manages 44 vesse... | [
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https://www.hellenicshippingnews.com/stena-bulk-to-register-up-to-five-suezmax-tankers-under-the-swedish-flag/ | 2025-04-17T00:00:00 | Stena Bulk To Register Up To Five Suezmax Tankers Under The Swedish Flag | Leading tanker shipping company Stena Bulk has today confirmed its intention to register up to five of its Suezmax vessels under the Swedish flag. A Suezmax tanker is one of the largest types of tankers and is approximately 275 meters long with a gross tonnage of 81,000 tonnes. Up to five of these vessels will be the l... | [
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https://www.hellenicshippingnews.com/wingd-x-el-wins-first-hybrid-integration-project-for-wind-assisted-vessels/ | 2025-04-17T00:00:00 | WinGD X-EL wins first hybrid integration project for wind-assisted vessels | Swiss marine power company WinGD is to integrate hybrid power and energy systems on four 113,600 DWT, wind-assisted tankers under construction for Union Maritime Limited (UML). The agreement marks the first time that WinGD’s X-EL Integrated Energy solution will be deployed with wind-assisted propulsion systems, ensurin... | [
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https://www.hellenicshippingnews.com/engine-europe-africa-fuel-availability-outlook-6/ | 2025-04-17T00:00:00 | ENGINE: Europe & Africa Fuel Availability Outlook | Northwestern EuropeHSFO and LSMGO supplies in the ARA are normal, while VLSFO supply remains tight, a trader told ENGINE. However, securing very prompt delivery of HSFO can be difficult in the hub, with recommended lead times of 8-10 days. Lead times of 3-5 days are advised for LSMGO, while VLSFO requires up to seven d... | [
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https://www.hellenicshippingnews.com/prostep-develops-ai-chatbot-for-the-digital-product-pass/ | 2025-04-17T00:00:00 | PROSTEP develops AI Chatbot for the Digital Product Pass | In the future, the EU will require a digital product passport (DPP) for a large number of products. The DDP provides information about the components, materials and substances used in a product and how the product can be repaired, recycled and disposed of. PROSTEP does not only support the creation of DDPs but, as part... | [
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https://www.hellenicshippingnews.com/steelpaint-secures-major-39-vessel-order-for-stelpant-corrosion-protection-system/ | 2025-04-16T00:00:00 | Steelpaint Secures Major 39-Vessel Order For Stelpant Corrosion Protection System | German coatings firm Steelpaint GmbH has secured a major order to supply its specialist Stelpant system for application to 20 dry bulk vessels operated by one of the world’s largest shipping companies. An additional 19 bulkers are scheduled for application next year.The Singapore-based shipping group, which manages a f... | [
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https://www.hellenicshippingnews.com/dismantling-of-first-oil-vessel-in-brazil-running-a-year-late/ | 2025-04-16T00:00:00 | Dismantling of first oil vessel in Brazil running a year late | A dispute between state-run oil company Petrobras and steelmaker Gerdau will delay the first dismantling of an oil production vessel in Brazil by at least a year, people familiar with the matter said, in a setback for local shipyards.The operation had been hailed as a chance to reinvent Brazil’s struggling shipbuilders... | [
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https://www.hellenicshippingnews.com/bureau-veritas-classed-cma-cgms-24000-teu-lng-dual-fuel-container-ship-delivered-at-hudong-zhonghua-shipyard/ | 2025-04-16T00:00:00 | Bureau Veritas Classed CMA CGM’s 24,000 TEU LNG Dual-Fuel Container Ship Delivered at Hudong-Zhonghua Shipyard | Bureau Veritas Marine & Offshore (BV) announced the successful delivery of the CMA CGM SEINE, a new 24,000 TEU LNG dual-fuel container ship, by Hudong-Zhonghua Shipbuilding (HZSY) yesterday. This milestone marks the completion of the first vessel in a four-ship series, with BV providing classification and BV Solutions ... | [
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https://www.hellenicshippingnews.com/drewry-intra-asia-container-index-up-11/ | 2025-04-16T00:00:00 | Drewry: Intra-Asia Container Index Up 11% | Drewry’s Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, increased 11% in the fortnight to 15 Apr 25 to $668 per 40ft container.Intra-Asia Container Index assessment for 15 April 2025The Intra-Asia Container Index (IACI) increased 11% to $668 per 40ft container in the fir... | [
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https://www.hellenicshippingnews.com/new-imo-medium-term-measures/ | 2025-04-16T00:00:00 | New IMO medium term measures | On the 31st of March I walked into the main hall at IMO London HQ for the start of their working group session: with the goal of finalizing the regulatory measures that will decarbonize international shipping. The tangible buzz in the room on that first morning was, looking back, maybe more of a nervous energy than I r... | [
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https://www.hellenicshippingnews.com/vehicle-carrier-safety-forum-publishes-guidance-on-fire-response/ | 2025-04-16T00:00:00 | Vehicle Carrier Safety Forum publishes guidance on fire response | Yesterday – the Vehicle Carrier Safety Forum (VCSF) publishes its second industry good practice guidelines entitled ‘Fire Response – High Level Guidelines’. The VCSF recognises that responding to vehicle fires onboard PCCs, PCTCs, RoRo and Ro-Pax vessels is both dangerous and challenging. These guidelines have been des... | [
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https://www.hellenicshippingnews.com/engine-east-of-suez-bunker-fuel-availability-outlook-185/ | 2025-04-16T00:00:00 | ENGINE: East of Suez Bunker Fuel Availability Outlook | VLSFO lead times in Singapore have widened to 8–12 days, up from 7–10 days last week. In contrast, HSFO lead times have shortened to 5–9 days, compared to the previous 7–11 days. LSMGO availability remains steady, with recommended lead times ranging from 2-7 days.According to the latest data from Enterprise Singapore, ... | [
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https://www.hellenicshippingnews.com/chic-cosco-shipping-partners-with-norsepower-to-enable-a-step-change-in-the-global-rotor-sail-market/ | 2025-04-16T00:00:00 | CHIC (COSCO Shipping) partners with Norsepower to enable a step change in the global rotor sail market | Norsepower, the global leader in wind propulsion, has signed a strategic Memorandum of Understanding (MOU) agreement with COSCO Shipping Heavy Industry Equipment (Nantong) Co., Ltd. (CHIC) to accelerate the serial production, sales, installation, and service of Norsepower Rotor Sails™ in the region.The partnership buil... | [
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https://www.hellenicshippingnews.com/baltic-index-snaps-3-day-winning-streak-on-lower-capesize-rates/ | 2025-04-16T00:00:00 | Baltic index snaps 3-day winning streak on lower capesize rates | The Baltic Exchange’s dry bulk sea freight index fell on Tuesday, snapping a three-day winning streak due to weaker capesize rates.The main index, which tracks rates for capesize, panamax and supramax shipping vessels, fell 19 points or 1.5% to 1,263.The capesize index shed 74 points or 4.1% to 1,753.Average daily earn... | [
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https://www.hellenicshippingnews.com/trump-tariffs-to-trigger-seismic-trade-shifts/ | 2025-04-16T00:00:00 | Trump tariffs to trigger seismic trade shifts | The spectre of significant US import tariffs, reintroduced and expanded under a second Trump administration, is casting a long shadow over global trade routes and the international transport sector, according to analysis from maritime consultancy Drewry.The analyst warns that the proposed levies, targeting major tradin... | [
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https://www.hellenicshippingnews.com/shipowners-and-recyclers-ask-basel-cop-for-removal-of-obstacles-to-safer-ship-recycling/ | 2025-04-16T00:00:00 | Shipowners and recyclers ask Basel COP for removal of obstacles to safer ship recycling | BIMCO has drafted a paper to submit to the Conference of the Parties to the Basel Convention (BC COP-17), asking for more clarity and for obstacles to be removed as the Hong Kong Convention enters into force in two months.The paper has been prepared by BIMCO’s recently established Ship Recycling Alliance, which represe... | [
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https://www.hellenicshippingnews.com/pronounced-spike-in-low-level-crimes-in-singapore-straits/ | 2025-04-16T00:00:00 | Pronounced spike in low-level crimes in Singapore Straits | The ICC International Maritime Bureau (IMB) has revealed a rise in global piracy and armed robbery incidents in the first quarter of 2025 – driven by a spike of incidents in the Singapore Straits.A total of 45 cases of piracy and armed robbery against ships were recorded in the first three months of 2025 – an almost 35... | [
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https://www.hellenicshippingnews.com/the-imo-confirms-the-methane-pathways-role-in-shippings-decarbonisation/ | 2025-04-16T00:00:00 | The IMO Confirms The Methane Pathway’s Role In Shipping’s Decarbonisation | SEA-LNG congratulates the IMO and its delegates on reaching the agreement on a regulatory framework for GHG emissions reductions last Friday. We are pleased to see that the IMO has held firm to its principles of goal-based, technology neutral regulation. While many details need to be decided this provides a clear decar... | [
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https://www.hellenicshippingnews.com/dht-holdings-inc-business-update-2/ | 2025-04-16T00:00:00 | DHT Holdings, Inc. Business Update | DHT Holdings, Inc. today provides the following business update:For the first quarter of 2025, the Company estimates time charter equivalent earnings for its fleet at $38,200 per day, comprising of $36,300 per day for the Company’s VLCCs operating in the spot market and $42,700 per day for the Company’s VLCCs on time c... | [
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https://www.hellenicshippingnews.com/asyad-shipping-below-water-as-stabilisation-ends/ | 2025-04-16T00:00:00 | Asyad Shipping below water as stabilisation ends | Volatile global markets meant it was perhaps inevitable that newly listed Asyad Shipping would need support from stabilisation following its IPO, though Omani companies haven’t always had the easiest debuts of late anyway.Asyad Shipping is the first Omani IPO to include stabilisation and a brownshoe was used. The compa... | [
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https://www.hellenicshippingnews.com/asia-fuel-oil-spot-benchmarks-stable-market-eyes-hsfo-tenders/ | 2025-04-16T00:00:00 | Asia Fuel Oil: Spot benchmarks stable; market eyes HSFO tenders | Spot benchmarks in Asia’s fuel oil market were largely unchanged on Tuesday, while the market eyed some sales tenders for high sulphur fuel oil (HSFO).Kuwait’s KPC offered two cargoes of HSFO, each of 60,000 metric tons, for loading in late April. The tender, which closes on Tuesday, came on top of India’s HPCL tenders... | [
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https://www.hellenicshippingnews.com/ilo-delivers-on-key-worker-rights-and-fair-treatment-for-seafarers/ | 2025-04-16T00:00:00 | ILO Delivers On Key Worker Rights And Fair Treatment For Seafarers | The fifth meeting of the Special Tripartite Committee (STC) of the MLC concluded last week with some hard-fought achievements for seafarers, led in the negotiations by ITF Seafarers’ Section Vice Chair, Mark Dickinson.Noteworthy amongst the amendments adopted was the designation and recognition of seafarers as key work... | [
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https://www.hellenicshippingnews.com/intercargo-responds-to-imos-decision-on-ghg-reduction-measures/ | 2025-04-16T00:00:00 | INTERCARGO Responds to IMO’s Decision on GHG Reduction Measures | At last week’s landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member States assumed responsibility and agreed on a medium-term greenhouse gas reduction measure that differs from the levy-based approach INTERCARGO and industry partners have advocated for many years.INTERCARGO Secretary General, ... | [
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https://www.hellenicshippingnews.com/reefblocks-advancing-biodiversity-and-coastal-protection/ | 2025-04-16T00:00:00 | Reefblocks: Advancing Biodiversity and Coastal Protection | Two years after the installation of the ‘Rotterdam Reef,’ the consortium of Rijkswaterstaat, the Municipality of Rotterdam, Boskalis, and Reefy proudly presents the results: the Reefblocks technology, developed by sustainable startup Reefy, successfully combines wave and erosion protection with enhanced biodiversity. T... | [
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https://www.hellenicshippingnews.com/caribe-tankers-to-trial-inmarsat-nexuswave-for-connected-certainty-and-enhanced-crew-welfare/ | 2025-04-16T00:00:00 | Caribe Tankers To Trial Inmarsat Nexuswave For Connected Certainty And Enhanced Crew Welfare | Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat’s fully managed bonded connectivity service, NexusWave, on board the chemical tankers Caribe Maria and Caribe Luna: as the US-based company seeks an ultra-reliable solution to best serve operational and crew connectivit... | [
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https://www.hellenicshippingnews.com/itic-boosts-2025-continuity-credit-to-support-members-amid-global-economic-uncertainty/ | 2025-04-16T00:00:00 | ITIC boosts 2025 continuity credit to support members amid global economic uncertainty | In a bold show of support for its members during a time of increased global economic uncertainty, International Transport Intermediaries Club (ITIC) is increasing its continuity credit for the 2025 policy year. This strategic move offers meaningful economic relief, rewards member loyalty, and reinforces ITIC’s long-ter... | [
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https://www.hellenicshippingnews.com/datamondial-launches-new-ai-driven-service-for-processing-ocean-freight-rates/ | 2025-04-16T00:00:00 | DataMondial launches new AI-driven service for processing ocean freight rates | DataMondial, a leading player in the world of data and document processing, proudly announces the launch of its latest innovative service: an AI-powered robotisation system for processing ocean freight rates. This new service is designed to help logistics providers manage their ocean freight rates and prepare proposals... | [
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https://www.hellenicshippingnews.com/loadsure-enhances-leadership-team-to-drive-strategic-growth-and-fuel-innovation/ | 2025-04-16T00:00:00 | Loadsure Enhances Leadership Team to Drive Strategic Growth and Fuel Innovation | Loadsure, a fast-growing insurtech and provider of Holistic Freight Protection for shippers, freight brokers, insurance agents, and motor carriers, announces several key appointments to its senior management team. These strategic additions highlight Loadsure’s dedication to customer success, innovation, and sustained g... | [
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https://www.hellenicshippingnews.com/ecoslops-annual-results-2024-and-debt-restructuring/ | 2025-04-15T00:00:00 | ECOSLOPS: Annual Results 2024 And Debt Restructuring | Ecoslops, the cleantech company that brings oil into the circular economy, announces its results for the year ended 31 December 2024, as approved by the Board of Directors at its meeting on 14 April 2025, together with the agreement reached to restructure its financial debt.On the Group’s new scope: sales up 12% and po... | [
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https://www.hellenicshippingnews.com/apc-inks-newbuild-ship-deal-with-champion-tankers/ | 2025-04-15T00:00:00 | APC inks newbuild ship deal with Champion Tankers | AVON, OHIO headquartered manufacturer Advanced Polymer Coatings (APC) has been chosen to provide its high-performance MarineLINE® coating for up to six new vessels being built for Champion Tankers.The deal will see APC’s MarineLINE® coating system initially applied to four product and chemical tankers with IMO II class... | [
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https://www.hellenicshippingnews.com/imo-mepc-83-ghg-requirements-approved-taking-effect-from-2028/ | 2025-04-15T00:00:00 | IMO MEPC 83: GHG Requirements Approved, Taking Effect From 2028 | The 83rd session of the IMO’s Marine Environment Protection Committee (MEPC 83) approved new requirements on greenhouse gas (GHG) fuel intensity, in combination with a pricing and reward mechanism, taking effect from 2028. Other important decisions include the approval of regulations to designate the North-East Atlanti... | [
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https://www.hellenicshippingnews.com/singapore-march-marine-fuel-sales-recover-after-february-plunge/ | 2025-04-15T00:00:00 | Singapore March marine fuel sales recover after February plunge | Marine fuel sales in Singapore, the world’s largest bunker hub, improved in March after hitting a 20-month low in February, official data showed.Volumes totalled 4.47 million metric tons, climbing 7.8% month-on-month and inching up 0.5% year on year, data from Maritime and Port Authority of Singapore (MPA) showed.Sales... | [
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https://www.hellenicshippingnews.com/lng-shipping-stocks-week-of-returns/ | 2025-04-15T00:00:00 | LNG shipping stocks: Week of returns | In a week marked by significant political developments in the U.S., market sentiment responded with surprising optimism, pushing indices higher. The UP World LNG Shipping Index (UPI) gained 3.03% to close at 154.17 points.This optimism was evident in the performance of UPI constituents. Strong trading volumes, particul... | [
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https://www.hellenicshippingnews.com/me-gi-swings-container-decision/ | 2025-04-15T00:00:00 | ME-GI Swings Container Decision | MAN Energy Solutions reports that its ME-GI engine has continued its strong start to 2025 by winning orders for eight engines for a series of container ships, originally designated as single-fuel conventional engines from an unknown engine designer. The orders are divided among two separate, Korean shipyards.Both shipy... | [
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https://www.hellenicshippingnews.com/baltic-index-gains-on-higher-capesize-panamax-rates-3/ | 2025-04-15T00:00:00 | Baltic index gains on higher capesize, panamax rates | The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, climbed on Monday, driven by higher capesize and panamax prices.The main index, which monitors rates for capesize, panamax and supramax shipping vessels, gained 8 points, or 0.6%, to 1,282.The capesize in... | [
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https://www.hellenicshippingnews.com/orderbook-for-all-dry-bulk-vessel-classes-falls-by-26-y-o-y-in-q1/ | 2025-04-15T00:00:00 | Orderbook for all dry-bulk vessel classes falls by 26% Y-o-Y in Q1 | Global economic uncertainty and a cooling of the market has seen newbuild orders for dry-bulk vessels fall by 26% year-on-year according to Hongbeom Park, Head of Korea for global Veson Nautical, a global leader in maritime data and freight management solutions.Speaking at Veson Nautical’s Seoul Forum, Park said uncert... | [
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https://www.hellenicshippingnews.com/onecare-group-ocg-leads-the-menopause-discussion-with-third-consecutive-annual-forum-and-new-e-learning-course/ | 2025-04-15T00:00:00 | OneCare Group (OCG) leads the Menopause discussion with third consecutive Annual Forum and new E-learning course | OneCare Group, a leader in health and wellbeing support services, continues to strengthen its commitment to women’s health with a recent focus on menopause.Menopause can be a challenging experience for many women, and the lack of open discussion and widespread understanding often intensifies feelings of uncertainty. No... | [
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https://www.hellenicshippingnews.com/global-shipping-community-reaffirms-support-for-seafarers-with-groundbreaking-updates-to-ilos-maritime-labour-convention/ | 2025-04-15T00:00:00 | Global shipping community reaffirms support for seafarers with groundbreaking updates to ILO’s Maritime Labour Convention | The International Chamber of Shipping (ICS) welcomes the series of landmark updates to ILO’s Maritime Labour Convention (MLC), following an intense week of negotiations at the International Labour Organization (ILO) headquarters in Geneva. Under ILO’s Special Tripartite Committee on the MLC, governments, shipowners, an... | [
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https://www.hellenicshippingnews.com/container-freight-volatility-rises-amid-trade-disruptions/ | 2025-04-15T00:00:00 | Container Freight Volatility Rises Amid Trade Disruptions | The container freight market is undergoing significant changes that could have major implications for global trade flows.The latest report from the UN Trade and Development (UNCTAD) agency estimated that global trade saw a record expansion to $33 trillion in 2024, an increase of 3.7% from 2023. Volatility is rising on ... | [
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https://www.hellenicshippingnews.com/vessel-engine-damage-prevention-or-cure-its-your-choice/ | 2025-04-15T00:00:00 | Vessel Engine Damage: Prevention or Cure, It’s Your choice? | Statistically, data indicates that a vessel will suffer between one and two incidences of main engine damage over the course of its operational lifetime. The average damage costs have been estimated at around $650,000 per incident, with even more damaging incidents costing up to $1.2 million per claim. Therefore, it is... | [
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https://www.hellenicshippingnews.com/outcome-of-imos-mepc-83-the-zero-emission-revolution-starts-now/ | 2025-04-15T00:00:00 | Outcome of IMO’s MEPC 83: The Zero-Emission (R)evolution starts Now | Last week, the final negotiations took place in London within the International Maritime Organisation (IMO) on measures to limit emissions from seagoing vessels. There was intensive debate on both technical and economic elements in the policy proposal.During these discussions, the Royal Belgian Shipowners’ Association ... | [
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https://www.hellenicshippingnews.com/hsfo-logs-mild-gains-while-vlsfo-softens/ | 2025-04-15T00:00:00 | HSFO logs mild gains, while VLSFO softens | Asia’s high sulphur fuel oil (HSFO) market strengthened slightly on Monday, while very low sulphur fuel oil (VLSFO) eased on lower offers.The 380-cst HSFO cash differential was pegged at a narrower discount to Singapore quotes, as market structure continued to recover for the prompt months. (FO380-SIN-DIF)VLSFO cash di... | [
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https://www.hellenicshippingnews.com/lloyds-register-seatransport-and-deployable-energy-developing-nuclear-power-for-ships/ | 2025-04-15T00:00:00 | Lloyd’s Register, Seatransport and Deployable Energy developing nuclear power for ships | Queensland’s ship design group Seatransport and Houston-based Deployable Energy are collaborating with Lloyd’s Register (LR) to develop nuclear power generation for different applications, including strategic response vessels in remote areas.Using micro modular reactor (MMR) technology, two to five MMRs of 1MWe capacit... | [
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https://www.hellenicshippingnews.com/heres-why-gencos-ceo-is-considering-pulling-out-of-u-s-ports/ | 2025-04-15T00:00:00 | Here’s Why Genco’s CEO Is Considering Pulling Out of U.S. Ports | John Wobensmith, CEO of Genco Shipping and Trading Limited, knows the company’s business can’t keep up with the United States Trade Representative’s (USTR) proposed port fees on shippers.That’s why-despite being headquartered in the U.S.-Genco is reportedly considering skipping over U.S. ports should the proposal be ap... | [
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https://www.hellenicshippingnews.com/svitzer-signs-global-ecotow-agreement-with-wallenius-wilhelmsen-to-drive-decarbonisation/ | 2025-04-15T00:00:00 | Svitzer signs global EcoTow agreement with Wallenius Wilhelmsen to drive decarbonisation | Svitzer has signed a global EcoTow agreement with the Wallenius Wilhelmsen group. The agreement marks a major step in Svitzer’s decarbonisation journey and supports Wallenius Wilhelmsen’s ambition to reduce Scope 3 emissions across Svitzer’s global operations.The agreement covers tug jobs across key markets such as Aus... | [
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https://www.hellenicshippingnews.com/fortescue-and-cmb-tech-sign-agreement-for-ammonia-powered-ore-carrier/ | 2025-04-15T00:00:00 | Fortescue and CMB.TECH sign agreement for ammonia-powered ore carrier | CMB.TECH NV has signed an agreement with Fortescue to charter a new ammonia-powered vessel. This emphasises the commitment of both companies to decarbonise the shipping industry. This 210,000-dwt ammonia-powered Newcastlemax will feature a dual fuel engine and is expected to be delivered by the end of 2026.Fortescue an... | [
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https://www.hellenicshippingnews.com/danelec-and-aage-hempel-strengthen-global-partnership-with-new-agreement-covering-nine-locations/ | 2025-04-15T00:00:00 | Danelec and Aage Hempel Strengthen Global Partnership with New Agreement Covering Nine Locations | Danelec, a global leader in maritime data solutions, has reinforced its long-standing partnership with Aage Hempel by signing a new global agreement covering nine of Aage Hempel’s locations worldwide. The agreement is a significant step in further strengthening Danelec’s global service capabilities, ensuring its custom... | [
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https://www.hellenicshippingnews.com/seawork-launches-a-new-membership-for-commercial-marine-professionals/ | 2025-04-15T00:00:00 | Seawork launches a new membership for commercial marine professionals | Seawork, Europe’s leading commercial marine exhibition, is excited to launch its exclusive Seawork Membership, designed to give maritime professionals a powerful advantage both onsite and online.Leading the list of exclusive benefits is unrestricted access to Seawork’s online messaging platform on seawork.com, allowing... | [
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https://www.hellenicshippingnews.com/bureau-veritas-endorses-threatscene-sas-cybersecurity-framework-marine/ | 2025-04-15T00:00:00 | Bureau Veritas Endorses ThreatScene SA’s Cybersecurity Framework, MARINE | Bureau Veritas Marine & Offshore (BV), a global leader in testing, inspection, and certification services, has announced the official endorsement of MARINE, a comprehensive cybersecurity framework developed by ThreatScene SA, a leading provider of cybersecurity services.The MARINE framework, developed by ThreatScene SA... | [
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https://www.hellenicshippingnews.com/crowleys-first-avance-class-vessel-quetzal-begins-maiden-commercial-voyage/ | 2025-04-14T00:00:00 | Crowley’s First Avance Class Vessel Quetzal Begins Maiden Commercial Voyage | Crowley’s new LNG-powered containership Quetzal has successfully begun its inaugural commercial voyage, opening the company’s next era of faster, frequent ocean shipping with a new class of vessels for the U.S., Central America and the Dominican Republic.With capacity for up to 1,400 20-foot container equivalent units ... | [
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https://www.hellenicshippingnews.com/abs-recognized-by-the-national-safety-council-for-reaching-significant-safety-milestones/ | 2025-04-14T00:00:00 | ABS Recognized by the National Safety Council for Reaching Significant Safety Milestones | In recognition of its exceptional achievement in maintaining a safe work environment, the National Safety Council (NSC) presented ABS with two safety awards.The NSC is a globally recognized nonprofit organization committed to eliminating leading causes of preventable death and injury in the workplace and on roadways. T... | [
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https://www.hellenicshippingnews.com/cmt-secures-fleet-wide-order-from-cyprus-based-containership-manager/ | 2025-04-14T00:00:00 | CMT Secures Fleet-Wide Order From Cyprus-Based Containership Manager | CM Technologies, the Germany-headquartered specialist in marine engine performance diagnostics, has secured a substantial order for its flagship PREMET X analyser from a leading Cypriot shipmanager.The order for 19 PREMET X units follows use of the engine performance monitor on two vessels, the success of which led the... | [
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23274,
2099,
2013,
... | POSITIVE |
https://www.hellenicshippingnews.com/historic-agreement-in-imo-on-global-climate-regulation-of-shipping-the-work-for-climate-neutral-shipping-will-continue/ | 2025-04-14T00:00:00 | Historic Agreement in IMO on Global Climate Regulation of Shipping – the Work for Climate-Neutral Shipping will Continue | A majority of IMO member states have voted in favor of an agreement to regulate international shipping. The regulation aims to ensure that CO₂ emissions from shipping are reduced and contributes to closing the price gap between fossil and alternative, green fuels. This is good news for the ambitious Danish shipping com... | [
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7829,
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https://www.hellenicshippingnews.com/norden-sells-two-additional-vessels/ | 2025-04-14T00:00:00 | NORDEN sells two additional vessels | In line with our strategy to realise asset values, we are pleased to announce that we have sold two additional vessels – one Ultramax and one Handysize vessel. Both vessels were declared purchase options.Year-to-date, we have sold in total seven vessels from the active fleet and three newbuildings that have been sold t... | [
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11087,
17848,
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2028,
18801,
5332,... | POSITIVE |
https://www.hellenicshippingnews.com/imo-to-charge-ships-at-least-100-per-tonne-of-co%e2%82%82-emitted-above-set-target/ | 2025-04-14T00:00:00 | IMO to charge ships at least $100 per tonne of CO₂ emitted above set target | The latest IMO agreement is considered pivotal for the future of the shipping industry. Commenting on its impact, ING’s Senior Sector Economist, Transport and Logistics, said that “the IMO agreement exceeds expectations in terms of willingness to cooperate and adopt global financial incentives. From an economic point o... | [
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11708,
1010,
3665,
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... | NEGATIVE |
https://www.hellenicshippingnews.com/lng-and-lpg-markets-under-pressure/ | 2025-04-14T00:00:00 | LNG and LPG Markets Under Pressure | The LNG market came under slight pressure this week, with rates softening across most routes. The Atlantic basin was mixed, while the Pacific saw modest losses. Long-term charter rates also edged lower, reflecting broader caution in the market.On the BLNG1 Gladstone–Tokyo route (174k cbm), rates dropped $567 to $24,700... | [
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... | NEGATIVE |
https://www.hellenicshippingnews.com/freight-orders-surge-on-trump-tariffs-trade-whipsaw-the-ships-are-filling-up/ | 2025-04-14T00:00:00 | Freight orders surge on Trump tariffs trade whipsaw: ‘The ships are filling up’ | President Donald Trump’s decision to pause tariffs on trading partners around the globe may have eased some of the market’s worst fears, but the big swings in stocks and bonds that have continued in the markets match a pervasive feeling of uncertainty inside the supply chain amid whipsaw conditions in global trade.At l... | [
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https://www.hellenicshippingnews.com/some-signs-of-change-in-trumps-ship-fees/ | 2025-04-14T00:00:00 | Some signs of change in Trump’s ship fees | Trump’s ship tariffs may be changing. Amongst the storm of new tariffs and trade policies bursting forth from the US over the past few weeks, there has been some qualification over the suggested levies on ships entering US ports.Various media reports suggest that the level of charges on ships will vary by the size of s... | [
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2627,
2261,
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1010,
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https://www.hellenicshippingnews.com/imo-continues-decarbonization-of-maritime-transport-after-crucial-vote/ | 2025-04-14T00:00:00 | IMO continues decarbonization of maritime transport after crucial vote | Although the ambition of the agreed measures has fallen short of expectations, OceanCare welcomes the fact that a majority vote secured to continue advancing the decarbonisation of shipping, making it the first global industry sector to adopt binding regulations for decarbonisation. The majority was secured due to the ... | [
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... | POSITIVE |
https://www.hellenicshippingnews.com/phase-out-of-fossil-fuels-in-shipping-begins-in-earnest-imo-measures-unlikely-to-reach-ghg-reduction-targets-but-close-the-lng-business-case-and-send-clear-long-run-signal-for-hydrogen-derived-fuels/ | 2025-04-14T00:00:00 | Phase-out of fossil fuels in shipping begins in earnest: IMO measures unlikely to reach GHG reduction targets, but close the LNG business case and send clear long run signal for hydrogen-derived fuels | The IMO’s Marine Environment Protection Committee 83rd meeting has concluded with a weak agreement on mid-term measures that does not reduce the sector’s emissions in line with targets in the IMO’s revised GHG strategy. The agreement, constitutes a fuel standard (a mandate on the GHG intensity of energy used), coupled ... | [
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[
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2515,
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4753,
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... | NEGATIVE |
https://www.hellenicshippingnews.com/imo-approves-net-zero-regulations-for-global-shipping/ | 2025-04-14T00:00:00 | IMO approves net-zero regulations for global shipping | The International Maritime Organization (IMO) has achieved another important step towards establishing a legally binding framework to reduce greenhouse gas (GHG) emissions from ships globally, aiming for net-zero emissions by or around, i.e close to 2050.The IMO Net-zero Framework is the first in the world to combine m... | [
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25619,
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3719,
... | POSITIVE |
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesize-market-under-pressure-2/ | 2025-04-14T00:00:00 | Dry Bulk Shipping: Capesize Market Under Pressure | CapesizeThe Capesize market faced headwinds this week, with broader macroeconomic pressures, particularly escalating US-China tariff tensions, weighing heavily on sentiment. The BCI 5TC saw significant midweek drops before recovering slightly to close the week at $14,952, down from $16,728 at the start. In the Pacific... | [
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https://www.hellenicshippingnews.com/tankers-vlcc-market-keeps-trending-downwards/ | 2025-04-14T00:00:00 | Tankers: VLCC Market Keeps Trending Downwards | CleanLR2MEG LR2’s gradually softened this week. The TC1 75kt MEG/Japan index dropped from WS250 to WS130.28 and a TC20 90kt MEG/UK-Continent was also assessed $271,000 lower at $3.73m.West of Suez, Mediterranean/East LR2’s remained dormant with the TC15 index holding stable at the $3m level all week.LR1MEG LR1 freight ... | [
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[
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https://www.hellenicshippingnews.com/shipping-asia-us-container-rates-edge-higher-on-tariffs-tighter-capacity/ | 2025-04-14T00:00:00 | SHIPPING: Asia-US container rates edge higher on tariffs, tighter capacity | Rates for shipping containers from east Asia and China to the US reversed direction and edged slightly higher this week as US tariffs went into effect and as capacity tightened.The increases are in line with global average rates, which ticked higher by 3% this week, according to supply chain advisors Drewry and as show... | [
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[
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3977,
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... | NEGATIVE |
https://www.hellenicshippingnews.com/atlantic-shipping-emissions-cut-agreed-but-imo-scrubber-ban-delayed/ | 2025-04-14T00:00:00 | Atlantic Shipping Emissions Cut Agreed, But IMO Scrubber Ban Delayed | As a meeting of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 83) closes today, the Clean Arctic Alliance welcomes member states’ approval of a proposal for a new North-East Atlantic emission control area, scheduled to enter into force in 2027, which will lower emissions ... | [
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[
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... | NEGATIVE |
https://www.hellenicshippingnews.com/xeneta-average-spot-rates-from-far-east-to-us-east-coast-and-us-west-coast-remain-flat-since-uptick-on-1-april/ | 2025-04-14T00:00:00 | XENETA: Average spot rates from Far East to US East Coast and US West Coast remain flat since uptick on 1 April | Data highlights:• Average spot rates from Far East to US East Coast and US West Coast remain flat since uptick on 1 April when they increased +9% and +15% respectively.• Average spot rates are down 42% into US East Coast and 50% into US West Coast since 1 January, but remain up 61% and 79% respectively compared to pre-... | [
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[
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https://www.hellenicshippingnews.com/fbx-index-april-2025-global-rates-slip-below-2024-floor/ | 2025-04-14T00:00:00 | FBX Index April 2025: Global rates slip below 2024 floor | The Freightos Baltic Index Global benchmark continued to fall in March, easing 24% month on month (MoM) to $2,094/FEU and slipping below its floor for 2024. This is due to a combination of a post-Lunar New Year (LNY) lull in demand, impacts from the new carrier alliance services still moving into place, and capacity gr... | [
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[
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1002,
1016,
1010,
5641,
2549,
1013,
... | NEGATIVE |
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