Jan 17, 2025 · Greek shipowners have made cautious moves, with sales mainly of older ships, in the first 15 days of 2025, while few purchases and new orders have been recorded. For example, Navios has sold the oldest bulk carrier in its fleet to a Chinese company, with its revenue from ship sales, from 2022 onwards, now reaching […]

5 days ago · Capital Clean Energy Carriers, an international owner of ocean-going vessels, released its financial results for the fourth quarter ended December 31, 2024.

Jan 6, 2025 · The Shanghai Waigaoqiao Shipbuilding Corporation (SWS) under China State Shipbuilding Corporation (CSSC) delivered a 114,000-ton oil tanker to a Greek shipping company Thursday, marking the first new vessel delivery of 2025 from Chinese shipyards. The new ship, named “Seascout,” belongs to the latest generation of refined oil tankers independently designed and developed by the SWS, […]

5 days ago · Iron ore futures fell on Wednesday, as investors fretted over trade tensions between the U.S. and top consumer China, although shipping snags in Western Australia cushioned the decline. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 0.99% lower at 801 yuan ($110.00) a metric ton. China’s markets were […]

Jan 14, 2025 · The global fleet of ships powered by cleaner fuels has seen significant growth over the last years, as vessel operations contribute to greener intermodal corridors, supporting IMO’s carbon reduction goals. According to Intermodal, the current fleet of dual-fuel ships consists of 2,119 ships with a total capacity of 123 million GT, while LNG dominates the […]

Oct 10, 2024 · Hapag-Lloyd AG and Maersk A/S, an entity under A.P. Moller – Maersk, confirm that they expect to phase in their Cape of Good Hope network for the commencement of the Gemini Cooperation on 1 February 2025. As the situation remains highly dynamic, Hapag-Lloyd and Maersk will return to the Red Sea when it is safe […]

Jan 15, 2025 · The competitiveness and green transition of coastal shipping dominated the first section of the Greek Shipowners Association for Passenger Ships conference “Modern Coastal Shipping, Sustainable Development of Islands.” The conference was held under the auspices of the Ministry of Maritime Affairs & Insular Policy, the Ministry of National Economy & Finance and the Ministry of […]

6 days ago · The LNG shipping sector has entered 2025 under pressure, amid challenging market fundamentals and significant geopolitical developments. U.S. energy and trade policies, the evolving situation in the Red Sea and the impacts of the cessation of Russian pipeline gas flows through Ukraine’s territory are expected to exert considerable influence over the LNG market.

Oct 30, 2023 · The containership fleet has notched a new record high for average age of 14.2 years — the highest average age of all three primary shipping sectors — with nearly 21% of the fleet over 20 years old, BIMCO said in an Oct. 26 report. The median age of the containership fleet has increased by some […]

Jan 14, 2025 · U.S. President Joe Biden’s administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three sources familiar with the results of a months-long trade investigation told Reuters. U.S. Trade Representative (USTR) Katherine Tai launched the probe in April 2024 at the request of the United Steelworkers […]