Ocean shipping

ERT’s Antonis Karagiannakis questions John Faraclas of allaboutshipping on current geopolitical issues in a very uncertain global environment

Shipping analyst John Faraclas on “KALES THALASSES” (Smooth Seas)

The shipping analyst, lecturer on shipping issues in educational institutions and organizations abroad and especially the United Kingdom, member of the Chios Marine Club, of the HESGB (Hellenic Engineers Society of Great Britain), author and co-founder of allaboutshipping.co.uk , John Faraclas spoke on the program “KALES THALASSES” (Smooth Seas) about the current geopolitical situation and its consequences for Global Shipping.

We...

https://allaboutshipping.co.uk/2025/03/24/erts-antonis-karagiannakis-questions-john-faraclas-of-allaboutshipping-current-geopolitical-issues-in-a-very-uncertain-global-environment/

US opening investigation into container shipping choke points

WASHINGTON — The Federal Maritime Commission may consider blocking foreign container ships from entering U.S. ports if it finds that the country in which they’re registered is causing choke points at various shipping locations around the world.

In a notice published on Thursday, the FMC announced it would be launching an investigation into transit constraints that the agency says could be creating unfavorable conditions for shipping in U.S. foreign trades.

The seven choke points targeted by the...

https://www.freightwaves.com/news/us-opening-investigation-into-container-shipping-choke-points

SEA GUARDIAN Threat & Risk Assessment 21 Feb – 26 Feb 2025

Vice Admiral (ret.) H.N. John (Ioannis) Pavlopoulos, Honorary Commander in Chief of the Hellenic Fleet,  Former Military Representative of Greece  to the NATO and EU 

THREAT & RISK ASSESSMENT BRIEF UPDATE ​

​​ Brief Update No 25/07 Date: 26 Feb 2025

​​ STATEMENT

This document has been approved for distribution by Sea Guardian S.G. Ltd / Operations Department. The provided Intel and information derive from open sources, the Institute for the Study of War (ISW), the Joint Maritime Information Center...

https://allaboutshipping.co.uk/2025/02/27/sea-guardian-threat-risk-assessment-21-feb-26-feb-2025/

HESGB elects new Governing Committee for 2025-2027

l to r: Dimitris Monioudis and Evan Zaranis

The most powerful Shipping society outside Greece is by far the HESGB (Hellenic Engineers Society of Great Britain), which earlier on today elected its new Governing Committee. It’s charitable status is second to none, an important issue / factor for our global society these turbulent day!

The voting for the Governing Committee took place at the board room of the GSCC.

Prior to this on the 29th of January at the Board Room of London’s Hellenic, the AGM...

https://allaboutshipping.co.uk/2025/01/31/hesgb-elects-new-governing-committee-for-2025-2027/

Russia’s oil future dims as US mulls new sanctions

In its final days, the Biden administration is poised to impose a new round of sanctions on Russian oil exports, marking a significant escalation in efforts to curtail Moscow’s energy revenues.

These sanctions — targeting tankers, traders and insurance companies involved in the transport of Russian crude oil — are set to accelerate the reshaping of global oil supply chains, with possible headwinds for the shipping industry.

A long-awaited crackdown

The latest U.S. sanctions package is rumored to...

https://www.freightwaves.com/news/russias-oil-future-dims-as-us-mulls-new-sanctions

Video: Freighter capsizes and sinks in Dakar after being hit by bulk carrier

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Local authorities are investigating the sinking of a freighter in Senegal.

Published reports said the vessel Princesse Jessica was hit by the Zografia, a Greek-owned bulk carrier, on the night of Oct. 15 while it was docked at the Port of Dakar.

The freighter capsized and sank immediately after the allision. No casualties were reported.

Port operations were not affected, and the port in a statement expected the Princesse Jessica to be refloated in due time.

The Zografia in January survived a...

https://www.freightwaves.com/news/video-freighter-capsizes-and-sinks-in-dakar-after-being-hit-by-bulk-carrier

Panama Canal’s future is dark and stormy, much to shippers’ relief

The end of Panama’s dry season is in sight, and the Panama Canal Authority (ACP) plans to welcome more vessels in the coming weeks.

Over six months since the Panama Canal’s reservoir system suffered from the driest October in at least 73 years, the ACP finally sees a path to normalizing operations. On March 25, the ACP allotted three additional transit slots to Panamax vessels, bringing the total number of reservations to 27 per day.

Water levels at Gatun Lake are currently at the low end of...

https://www.freightwaves.com/news/panama-canals-future-is-dark-and-stormy-much-to-shippers-relief

Demand shocks keeping aging fleet afloat, argue shipowners

Ship recycling has fallen to its lowest level in 20 years, per a recent report by the Baltic and International Maritime Council (BIMCO). 

BIMCO — a trade group representing shipowners — states that capacity has been overtaxed by the Red Sea crisis, which has forced shipping lines to take a longer route around Africa’s Cape of Good Hope. Prior to the emergence of this latest choke point, BIMCO points to the impact of Western sanctions on Russian oil and coal, which similarly stressed tanker and...

https://www.freightwaves.com/news/demand-shocks-keeping-aging-fleet-afloat-argue-shipowners

Red Sea crisis nears boiling point, unable to heat up spot rates

Russian warships entered the Red Sea last Thursday, for what the Russian Pacific Fleet’s press service has stated was the performance of “assigned tasks within the framework of the long-range sea campaign.” This intentional vagueness has invited no small amount of speculation as to the ships’ true objectives.

Theories range from retaliatory pressure on Israel, which decided in late February to co-sponsor a United Nations resolution condemning Russia’s invasion of Ukraine, to supporting...

https://www.freightwaves.com/news/red-sea-crisis-nears-boiling-point-unable-to-heat-up-spot-rates

Mississippi River shipping faces potential crisis for third straight year

Shipping along the Mississippi River could prove to be a massive headache in 2024, per a recent report from the National Oceanic and Atmospheric Administration.

An unusually warm and dry winter — which allowed the Upper Mississippi River shipping season to begin earlier than usual this year — might herald drought conditions in key areas of the Mississippi River Basin over the coming months.

“Of growing concern will be the potentially low flows on the Mississippi River this summer into fall due to...

https://www.freightwaves.com/news/mississippi-river-shipping-faces-potential-crisis-for-third-straight-year

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