Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping
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The shipping industry entered Posidonia week confronting a new maritime world order. In a keynote address that set the tone for the day’s debate for the TradeWinds Shipowners Forum, Steve Gordon, Managing Director, Clarksons Research, presented ten data points that laid bare both the extraordinary pressures and the remarkable resilience defining global shipping. The world...
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Greece has remained skeptical about the International Maritime Organization’s Net-Zero Framework, its top shipping official said June 1, as some of the country’s largest shipowners voiced opposition to the regulation in its current form. Greece abstained from an October 2025 vote at the UN agency to delay the adoption of the marine energy rules for...
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Lloyd’s Register (LR) has signed a Memorandum of Understanding (MOU) for Joint Development Project (JDP) with Samsung Heavy Industries (SHI) and Capital Clean Energy Carriers Corp for a floating data centre (FDC) design. Presented at Posidonia 2026, the JDP covers a floating data centre concept that uses proven shipbuilding methods to create scalable offshore digital...
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Firm earnings and shipyards focussed on tankers have pushed five-year-old Ultramax values above newbuildings and equivalent-age Kamsarmaxes London and Singapore, 1 June, 2026. The latest HORIZON Monthly Dry Bulk Report from MSI notes that since the middle of 2025, bulker asset values have been steadily on the rise, with particularly notable gains seen within the...
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The Bahamas Maritime Authority (BMA) has announced the launch of its blockchain-secured Digital Seafarer Record Book (DSRB), marking a significant step in the continued digitalisation of maritime administration. The new platform replaces traditional paper-based documentation with a secure, fully digital and internationally interoperable system for recording and verifying sea service. The Digital Seafarer Record Book...
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Singapore and Malaysia VLSFO availability in Singapore remains under pressure, with suppliers recommending lead times of 10-15 days, compared with 13-18 days a week ago. HSFO supply has tightened further, with lead times extending to around 10-15 days from 9-11 days previously. In contrast, LSMGO availability has improved, with recommended lead times easing to about...
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Artificial intelligence (AI), robotics, advanced sensing capabilities and emerging energy solutions are beginning to shape real-world operations across the marine and offshore sectors, according to a new report from ABS. Technology Trends: Making Innovation Work, the latest in ABS’ Technology Trends series, provides an updated industry roadmap for key innovations moving from development into application....
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UniSea has completed the acquisition of German maritime software company Kaiko Systems to further expand its Fleet Management System (FMS) with AI-powered pre-inspection tools, establishing a new international maritime tech group. The combination brings together two complementary specialist software businesses serving the global maritime industry, with the combined group supporting over 4,000 vessels worldwide. UniSea’s...
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Key Takeaway The first half of the year is on track for the strongest Baltic Dry Index (BDI) performance since 2023. C3 and C5 rates remain supported by resilient Chinese iron ore imports despite weak domestic steel production. Market attention is increasingly shifting toward India’s evolving iron ore demand dynamics. The first half of the...
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The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, eased a third consecutive session on Tuesday, falling about 0.5% to a near one-week low of 3,205 points, pressured by the larger vessel segments. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, decreased by...
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Climeon has delivered a HeatPower 300 system to Jiangsu New Yangzi Shipbuilding in China for installation onboard the first vessel in a series of dual-fuel methanol container vessels ordered as part of a newbuild program announced in September 2025. The delivery marks Climeon’s first delivery to Jiangsu New Yangzi Shipbuilding, one of China’s largest shipbuilders....
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Mr. Anthony E. Comninos honored with the Captain Xenakoudis Excellence in Shipping Award The Republic of the Marshall Islands (RMI) Registry recognized several milestones and achievements during Posidonia, highlighting the collaboration and teamwork to make them possible. In mid-May 2026, the United States Coast Guard (USCG) released the 2025 Port State Control (PSC) Annual Report,...
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EcoNavis Solutions’ founder Dr Batuhan Aktas has been awarded the prestigious Royal Institution of Naval Architects’ Maritime Innovation Award for his pioneering work developing and commercialising the energy efficiency Eco Boss Cap propeller hub, a technology that reduces hub vortex cavitation to improve a ship’s fuel consumption by more than 4%. The award, sponsored by...
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As regulatory delays leave shipowners hesitant over future fuel investments, the industry’s competitive edge is shifting from speculative asset-playing to AI-driven voyage optimisation, writes Alex Caizergues, Founder and CEO of Syroco. For decades, the giants of shipping have been from Athens and Piraeus. Controlling more than 20% of the global merchant fleet by deadweight tonnage,...
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Echandia’s biggest product launch to date, the new LTO battery system Echandia Core, strengthens the business case for marine electrification. Echandia today announces the launch of Echandia Core, a new marine battery system built on lithium-titanium-oxide (LTO) technology. Developed for demanding fully electric and hybrid vessel applications, Echandia Core delivers the safety, lifetime and predictable...
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LR’s Nuclear Roundtable highlighted the mounting interest from Governments, including the Government of Greece, and operators looking for scalable, zero-emission propulsion options. Lloyd’s Register (LR) brought together senior leaders from maritime, the nuclear industry and international regulation for a high-level roundtable at Posidonia 2026 to examine what needs to happen next to make nuclear propulsion...
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The latest installations of wind propulsion technology on large commercial vessels have pushed the global fleet of cargo ships capable of harnessing wind energy beyond the 100-vessel milestone, representing over five million tonnes of deadweight (DWT) cargo carrying capacity. The passing of this milestone marks a significant turning point in the uptake of wind propulsion...
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Classification society DNV released version 2 of its award-winning Steel Load Planner (SLP V2.0) self-service application at the Posidonia trade fair this week. Building on two years of operational experience, the new version can automatically generate fully AI optimized loading plans with a structural assessment in under five minutes. Its application has also been extended...
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Studio 30 50 will be supporting Orbyt Global on its new maritime digital platform initiative, marking the venture growth team’s expansion from Singapore and Denmark into one of the world’s most strategically important shipping markets. “Greece is one of the most important shipping markets in the world. Expanding our activities here reflects the kind of...
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NYK Line (NYK) held Global Tanker Quality Meeting 2026 at its Tokyo headquarters on May 29. Since 2015, NYK has continuously hosted this meeting with ship-management companies involved in liquid-bulk transportation — including oil tankers, liquefied natural gas (LNG) carriers, and liquefied petroleum gas (LPG) carriers. The meeting is designed to enhance safe operations and...