Top News by Hellenic Shipping News Worldwide
What does the top news covers?
It shall cover all the articles about every aspect of the industry, including ports, containers, and breakbulk lines; and ships and ship chartering. Coverage also includes the impact of recent industry mergers and acquisitions, and of emerging new technologies such as blockchain, artificial intelligence, and the Internet of Things.
Tops – Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping
- Tankers: Freight Volatility Could Prevail in the Short-Termby hellenicshippingnews… on 21/07/2024 at 9:00 pm
The hurricane season has always been a period of increased freight rate volatility, especially in the tanker market and this time is no exception. In its latest weekly report, shipbroker Gibson said that “with Hurricane Beryl recently striking the Caribbean and United States, making headlines worldwide for being the earliest category 5 Hurricane in history, …
- Dry Bulk Market: Capesize Market on Correction Modeby hellenicshippingnews… on 21/07/2024 at 9:00 pm
Capesize It was only on Thursday that the Capesize 5TC climbed to positive territory and became closer to $25,000. But the correction or Friday eventually settled the week at $24,652. In the Pacific, there was more resistance from owners towards the end of the week, which pushed C5 to $9.725 in the end. Meanwhile, more …
- Positive outlook for bulkers as demand outpaces supplyby hellenicshippingnews… on 21/07/2024 at 9:00 pm
Growing global demand for commodities and a sluggish newbuild market up until 2023 have set the stage for bullish growth in the bulker market in the coming years. Bulker owners are taking advantage of these favourable market conditions and starting to invest. International demand for dry cargo is increasing Although high interest rates and inflation …
- Tankers: US Crude Oil Exports Keep Growing In 2024by hellenicshippingnews… on 19/07/2024 at 9:00 pm
US crude oil exports have kept growing during the first half of 2024, with European and Asian destinations dominating the trade. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been another positive period for crude oil trade, despite the high oil prices and risks of economic recession. In Jan-Dec 2023, global …
- FuelEU storm brewing for shippingby hellenicshippingnews… on 19/07/2024 at 9:00 pm
Hot off the heels of the phased introduction of the EU Emission Trading Scheme for shipping, the industry is bracing itself for the impending impact of FuelEU Maritime. This new regulation, set to be enforced from January 1, 2025, mandates significant reductions in greenhouse gas (GHG) intensity. While the initial target of a 2% cut …
