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Hellenic Shipping News 1h ago

Diesel Availability a Boost for Product Tankers

The clean tanker trade is reaping the benefits of the latest developments in the diesel market. In its latest weekly report, shipbroker Intermodal said that “the diesel market saw a series of notable developments last week, against a backdrop of elevated prices and mounting conce

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Hellenic Shipping News 1h ago

Baltic Dry Index Falls to More Than 7-Week Low

The Baltic Exchange Dry index fell 2.2% to 2,852 on Monday, its lowest level since August 21. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, tumbled 4.4% to 4,148, its lowest level since late July. On the other hand, the panamax in

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Hellenic Shipping News 1h ago

Connecting maritime digitalisation to process

While the technology needed to digitalise maritime operations is already here, much remains to be done to ensure organisations and their people are equipped to use it effectively, according to panellists at a recent Inmarsat Maritime ‘Connected to Perform’ seminar. The maritime s

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Hellenic Shipping News 1h ago

Lower container rates are not a return to predictable service, Sogese says

Lower container rates into Europe should not be mistaken for a return to predictable service, according to Sogese, an Italian container logistics provider, in its October Europe Container Market Update. The report advises importers to plan arrival dates with a wide margin, at lea

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Hellenic Shipping News 1h ago

Russia’s shadow fleet freight rates fracture on Black Sea premiums

Black Sea tanker economics strengthened sharply in late September and early October as attacks on commercial shipping, disruption to Russian energy flows and tighter scrutiny of Russia-linked tonnage increased the cost and complexity of moving cargoes. Baltic routes moved in the

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Hellenic Shipping News 1h ago

Drewry: Cancelled Sailings Tracker Shows Capacity Gradually Returning

Our weekly tracker provides a snapshot of blank sailings announced by each Alliance versus the total number of scheduled sailings. The post-Golden Week market is entering a new phase, with capacity gradually returning but pricing pressure building unevenly across the major trades

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Hellenic Shipping News 1h ago

Xclusiv Shipbrokers Weekly 12th October 2026

Tanker fleet growth has accelerated considerably over the past two years, marking a clear shift from the unusually restrained supply Source: Xclusiv Shipbrokers Inc.

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Hellenic Shipping News 1h ago

Singapore LNG starts work on new jetty to boost LNG bunker supply

Terminal operator Singapore LNG (SLNG) has started construction of a third jetty at its Jurong Island terminal, which could increase its LNG bunkering capacity to 3 million mt/year. The new jetty is scheduled for completion in the second half of 2028 and will be capable of handli

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Hellenic Shipping News 1h ago

Dualog Launches Secure Messaging For Ship And Shore

Dualog has launched Dualog Chat, a secure messaging service built for shipping. The first service in Workspace by Dualog, Chat gives crews and shore teams a company-controlled space to communicate, with channels organised by vessel, rank and role. Every user has a secure identity

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Hellenic Shipping News 1h ago

Thun Resilience launched in Leer as R-Class Programme Continues

Thun Tankers continues the renewal of its fleet for short-sea shipping in Northern Europe. On 9 October, Thun Resilience was launched at the Ferus Smit shipyard in Leer, Germany. The vessel is the sixth in a series of ten ordered R-Class product tankers. The launch ceremony took

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Hellenic Shipping News 1h ago

Seafy® launches P2T: Onboard Crew Communications Move To Smartphones

Seafy® is expanding its onboard digital ecosystem with the launch of Seafy P2T (Push-to-Talk), a system designed for operational communication between crew members. The solution turns smartphones into push-to-talk devices connected to the vessel’s existing Wi-Fi network. Bridge,

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Hellenic Shipping News 1h ago

Iran rejects U.S. stance on Hormuz as Trump weighs strikes over Riyadh attacks

Tensions in the Middle East deepened on Sunday after Iran’s top security official declared Washington’s response to its proposal for reopening the strategic Strait of Hormuz “insufficient,” while U.S. President Donald Trump considers renewed military strikes against Tehran follow

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Hellenic Shipping News 1h ago

Soya Group launches FLOW Maritime

Soya Group is now launching FLOW Maritime, a new marine energy transition company established to help shipowners realise the commercial, regulatory and environmental value of moving to alternative fuels. FLOW Maritime supports the wider maritime sector in accelerating its decarbo

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Hellenic Shipping News 1h ago

Everllence Celebrates Century with MITSUI E&S as Two-Stroke Licensee

On October 2nd 2026, Everllence participated in a ceremony held by MITSUI E&S in Okayama, Japan celebrating its 100th anniversary as an Everllence two-stroke licensee. In that time, MITSUI E&S has manufactured more than 7,500 B&W engines and surpassed 120 million horsepower in cu

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Hellenic Shipping News 1h ago

Bunker Suite launches integrated AI for bunker traders and suppliers

Bunker Suite launches integrated AI tools for bunker traders, brokers and physical suppliers, extending its capabilities after the successful use of AI to process incoming bunker enquiries. The tools are built into its digital platform, with rollout under way across its customer

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Hellenic Shipping News 1h ago

NYMEX ULSD crack weakens after Trump announces additional diesel supplies from Russia

The NYMEX front-month ultra low sulfur diesel crack against WTI crude tumbled Oct. 9 after US President Donald Trump said Russia would supply additional diesel to the market. At 1933 GMT, the NYMEX ULSD crack was down $6.45/barrel on the day to $96.80/b. “I have just concluded a

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Hellenic Shipping News 1h ago

Bangladesh eyes Algerian LNG, LPG imports Amid Supply Crunch

Bangladesh is exploring a deal to import liquefied natural gas (LNG) and liquefied petroleum gas (LPG) from Algeria amid supply disruptions in the Middle East. Energy Minister Iqbal Hassan Mahmood held a meeting with Algerian Ambassador to Bangladesh Abdelouahab Saïdani yesterday

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FreightWaves 3h ago

Mexico trucker shortages, visa restrictions squeeze cross-border capacity

Trucking capacity along the Mexican and Canadian borders remains constrained as higher operating costs and driver issues limit carrier availability. The post Mexico trucker shortages, visa restrictions squeeze cross-border capacity appeared first on FreightWaves.

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FreightWaves 4h ago

State loan to aid Louisiana port’s new rail connection

Louisiana will close a funding gap and provide $1 million for a new port rail line. The post State loan to aid Louisiana port’s new rail connection appeared first on FreightWaves.

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Hellenic Shipping News 5h ago

ISM coasters and mini bulkers – Week 41

The Black Sea coaster shipping market has once again hit a rough patch, but this time it does not concern the already notoriously Source: International Seaborne Market

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FreightWaves 6h ago

1 million boxes set new Los Angeles port record

The Port of Los Angeles handled record container volumes in September, marking the busiest month in its 118-year history The post 1 million boxes set new Los Angeles port record appeared first on FreightWaves.

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The Northern Miner 7h ago

Spotlight: Exploration in Quebec

Quebec accounts for about 20% of Canada’s mining production and has some of the most diverse mineral resources in North America. Here’s a look at four companies with interesting projects... The post Spotlight: Exploration in Quebec appeared first on The Northern Miner.

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FreightWaves 8h ago

The Hidden Business Risk Inside Fleet Compliance

As fleets scale across jurisdictions, vehicle compliance is ultimately about whether assets are legally available to operate, not whether the paperwork gets filed correctly. J. J. Keller’s Stephanie Schmidt explains why executives should treat compliance capacity as a resource-al

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FreightWaves 9h ago

OOCL revenue up 45.1% on trans-Pacific surge

OOCL saw higher revenue per container and increased cargo volumes across all four of its trade regions. The post OOCL revenue up 45.1% on trans-Pacific surge appeared first on FreightWaves.

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The Northern Miner 9h ago

Falco vies for environmental OK

After eight years in environmental review, Falco Resources (TSXV: FPC) expects Quebec to sign off on Horne 5 by year-end — a decision that would unlock a gold and critical... The post Falco vies for environmental OK appeared first on The Northern Miner.

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Hellenic Shipping News 10h ago

Baltic Dry Index falls to 2852 down 65 points

Today, Monday, October 12 2026, the Baltic Dry Index decreased by 65 points, reaching 2852 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of ag

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The Northern Miner 11h ago

Sponsored video: Barton Gold targets richer starter pits at Tunkillia

Barton Gold CEO Alexander Scanlon in conversation with The Northern Miner Western Editor Henry Lazenby. This sponsored video is PROMOTED CONTENT paid for by Barton Gold and produced in co-operation... The post Sponsored video: Barton Gold targets richer starter pits at Tunkillia

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Hellenic Shipping News 12h ago

LNG Shipping Market Softer, But LPGs On the Rise Again

The LNG market softened this week, despite an increase in spot, multi-month and longer-term requirements entering the market. While activity picked up compared to recent weeks, vessel availability continues to outweigh cargo demand, keeping pressure on freight rates across both b

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Hellenic Shipping News 12h ago

UK and Japan crack down on Russia’s largest shipping company

UK sanctions on Russian LNG shipping are also arriving earlier in a vessel’s life. The 1 October package listed PYOTR STOLYPIN (IMO 9904675) before Kpler recorded any cargo, and KONSTANTIN POSIET (IMO 9904704) before any direct international export. Arctic LNG 2 has exported 0.95

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Hellenic Shipping News 12h ago

IMO adopts frameworks to assess marine geoengineering research activities

The International Maritime Organization (IMO) has adopted new guidance aimed at ensuring marine geoengineering research avoids unacceptable impacts, amid growing interest in climate change mitigation technologies. Marine geoengineering involves methods to increase the ocean’s cap

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Hellenic Shipping News 12h ago

Tanker Attacks Spread Beyond the Strait of Hormuz as Gulf Freight Costs Soar

A Tanker Is Struck Off Qatar as Gulf Attacks Surge An unnamed tanker was struck by multiple projectiles 51 nautical miles off Madinat ash Shamal, Qatar, according to an October 7 report from UK Maritime Trade Operations. UKMTO has reported 16 attacks on ships in the Middle East G

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Hellenic Shipping News 12h ago

Torvald Klaveness 2016–2026: Digitalization, decarbonization and re-definition

As Klaveness entered its eighth decade, the direction set during the previous period began to take shape. The combination carrier business prepared to enter new markets, digital initiatives moved closer to customers, and the foundations of the Klaveness business we know today was

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Hellenic Shipping News 12h ago

Maersk North America Market Update — October 2026

Ocean Update Transatlantic update North Europe capacity to North America is returning to normal this month, but spot space will stay limited, so book at least three weeks ahead. TA2 will likely fill as volumes rise, which limits space to Saint John, and Miami may sell out in some

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Hellenic Shipping News 12h ago

US Ports Strengthening Trade Ties With China

With China accounting for about 55 percent of trade at the Port of Long Beach and roughly 40 percent of business at the neighboring Port of Los Angeles, stable relations between Washington and Beijing are not an abstract diplomatic concern for the two busiest container ports in t

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