The NAVIGATOR ASSEMBLY, titled #TimelessSeas #NewPaths, the prelude to the 24th NAVIGATOR 2025 – The Shipping Decision Makers Forum, took place on Thursday, the 20th of March 2025, at the Grand Hyatt Athens. The event brought together over 300 executives from the maritime industry, representing 165...
https://www.hellenicshippingnews.com/navigator-assembly-timeless-seas-new-paths/
Ship owners have taken a step back from placing more newbuilding orders, attempting to assess the current market conditions, ahead of expected turbulence. In its latest weekly report, shipbroker Intermodal said that “as the first quarter of the year concludes, it is insightful to examine the...
https://www.hellenicshippingnews.com/shipping-fleet-renewal-takes-a-back-seat-for-the-time-being/
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a forward sale and exclusivity agreement with an unaffiliated third party (the “Buyer”). This agreement grants...
In the aftermath of Liberation Day, tanker market participants are still trying to evaluate the potential impact. In its latest weekly report, shipbroker Gibson said that “on Wednesday the 2nd of April, the much-anticipated Liberation Day came to pass. US President Donald Trump made true his...
https://www.hellenicshippingnews.com/tankers-can-oil-escape-a-global-trade-war-1o/
Global seaborne oil trade has worsened since the start of the year, with EU crude oil imports also on the retreat. In its latest weekly report, shipbroker Banchero Costa said that “after a positive 2023, when global crude oil loadings increased by +4.6% y-o-y, things got much quieter in 2024. In...
Newbuilding ordering activity has been on the rise over the past week. In its latest weekly report, shipbroker Intermodal said that “the shipbuilding market witnessed increased activity this week, with five orders placed in tanker, containership, gas, offshore and cruise ship sectors. In the wet...
https://www.hellenicshippingnews.com/shipbuilding-orders-on-the-rise/
The ship recycling market has maintained its subdued activity over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “ship recycling markets across South Asia and Türkiye remain subdued, with caution prevailing across the board. In...
https://www.hellenicshippingnews.com/ship-recycling-activity-still-subdued/
In a period when shipbuilding capacity should be expanding rapidly to cater for the vast decarbonization needs of the shipping industry, disruptive policies by the US could prove damaging to the overall market. In its latest weekly report, shipbroker Xclusiv said that “the U.S. Trade...
https://www.hellenicshippingnews.com/shipbuilding-in-the-crosshairs-of-us-policies/
LNG is now considered the prime alternative to conventional marine fuels, at least until a broader consensus on the new marine technologies is formed. In its latest weekly report, shipbroker Intermodal said that “as the shipping industry accelerates its transition towards greener practices, in line...
https://www.hellenicshippingnews.com/lng-bunkers-on-the-rise/
In an exciting collaboration, HMC/ICS Greek Branch and ALBA proudly present a one-of-a-kind introductory summer course on shipping in Greece. This course promises an immersive experience, nestled in a country with an enduring maritime tradition and boasting the world’s largest merchant fleet....
https://www.hellenicshippingnews.com/embark-on-a-unique-journey-into-the-heart-of-greek-shipping/