WEST OF SUEZ DIRTY TANKER QUARTERLY: Freight rates rise on higher Atlantic and Black Sea volumes

The first quarter of 2025 saw the West-of-Suez VLCC market emerge from the prolonged slump in rates experienced during the second half of 2024, with sources pointing to steady demand for Atlantic-basin cargoes, tighter tonnage supply in key loading zones and temporary uncertainty generated by the...

https://www.hellenicshippingnews.com/west-of-suez-dirty-tanker-quarterly-freight-rates-rise-on-higher-atlantic-and-black-sea-volumes/

Marine Fuel Supplier Marks First Year with Strong Growth and Industry Impact

Established in 2023, Quay Energy Solutions, the specialist marine fuel supplier, has seen impressive growth in its first year of trading. Dedicated to delivering high-quality fuel solutions for the global shipping sector, the company has enviable knowledge of both road and fleet fuel supply and...

https://www.hellenicshippingnews.com/marine-fuel-supplier-marks-first-year-with-strong-growth-and-industry-impact/

Crucial Climate Negotiations at the IMO: Now Is the Time to Deliver

At an IMO meeting in London, 176 countries must reach an agreement on climate regulations for international shipping. Danish Shipping hopes for an ambitious agreement that will impose requirements on and make it more attractive to sail using alternative green fuels. Now is the time. All eyes are on...

https://www.hellenicshippingnews.com/crucial-climate-negotiations-at-the-imo-now-is-the-time-to-deliver/

OCP Group and Maersk partner for sustainable supply chain innovation

OCP Group, through its Specialty Products & Solutions (SPS) Strategic Business Unit, and Maersk, a global leader in integrated logistics, have signed a global Memorandum of Understanding (MoU) to strengthen their long-standing collaboration and jointly advance innovative, resilient, and sustainable...

https://www.hellenicshippingnews.com/ocp-group-and-maersk-partner-for-sustainable-supply-chain-innovation/

Euroseas Ltd. Announces 2-year Charter Contract for its Feeder Containership, M/V Monica

Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today a new time charter contract for its 1,800 teu feeder containership, M/V Monica for a minimum period of 24 to a maximum period of 26 months, at the...

https://www.hellenicshippingnews.com/euroseas-ltd-announces-2-year-charter-contract-for-its-feeder-containership-m-v-monica/

Wärtsilä to invest into the expansion of its R&D and innovation capabilities in Vaasa, Finland

Technology group Wärtsilä is set to expand its state-of-the-art technology centre Sustainable Technology Hub in Vaasa, Finland, with a €50 million total investment. Expanding the R&D testing capabilities and facilities will enhance Wärtsilä’s ability to meet the growing demand for developing and...

https://www.hellenicshippingnews.com/wartsila-to-invest-into-the-expansion-of-its-rd-and-innovation-capabilities-in-vaasa-finland/

Navigating the Baltic Sea and Danish Straits: Addressing Challenges for Effective Passage Planning

The Baltic Sea and Danish Straits are among the world’s busiest maritime corridors, with heavy traffic navigating these narrow, complex waters. Mariners must address a range of challenges, from unpredictable weather and evolving geopolitical dynamics to stringent environmental regulations....

https://www.hellenicshippingnews.com/navigating-the-baltic-sea-and-danish-straits-addressing-challenges-for-effective-passage-planning/

Asia Distillates Gasoil up slightly; Taiwanese refiner offers May supply

Asia’s gasoil market firmed slightly amid higher-priced bids, while a Taiwanese refiner kicked off its May sales. Window trade remained quiet, though stronger 10ppm sulphur gasoil bids emerged for loading dates in late-April and early-May. The 10ppm sulphur gasoil cash differential (GO10-SIN-DIF)...

https://www.hellenicshippingnews.com/asia-distillates-gasoil-up-slightly-taiwanese-refiner-offers-may-supply/