Related StoriesEU to demand insurance information in its waters (https://www.lloydslist.com/LL1153273/EU%20to%20demand%20insurance%20information%20in%20its%20waters?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss)Taylor Maritime unveils deals to shed 11 more bulkers (https://www.lloydslist.com/LL1153274/Taylor%20Maritime%20unveils%20deals%20to%20shed%2011%20more%20bulkers?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss)Wan Hai Lines boosts big boxship orderbook in South Korea (https://www.lloydslist.com/LL1153270/Wan%20Hai%20Lines%20boosts%20big%20boxship%20orderbook%20in%20South%20Korea?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss)
Kpler wraps up Spire Maritime acquisition
https://splash247.com/kpler-wraps-up-spire-maritime-acquisition/
Brussels-based maritime data analytics firm Kpler has closed the acquisition of Spire Global’s ship tracking business, Spire Maritime. The deal, worth about $241m, gives Kpler control over Spire’s satellites and maritime Automatic Identification System (AIS) data stream. “This milestone marks a significant step forward in Kpler’s mission to deliver decision defining insights across the global …
https://splash247.com/kpler-wraps-up-spire-maritime-acquisition/
Brussels-based maritime data analytics firm Kpler has closed the acquisition of Spire Global’s ship tracking business, Spire Maritime. The deal, worth about $241m, gives Kpler control over Spire’s satellites and maritime Automatic Identification System (AIS) data stream. “This milestone marks a significant step forward in Kpler’s mission to deliver decision defining insights across the global …
RCL boosts boxship orderbook
https://splash247.com/rcl-boosts-boxship-orderbook/
Thailand’s Regional Carrier Lines (RCL) is bolstering its fleet with four additional containership newbuildings in China. The company revealed in a stock exchange filing that it will be adding a pair of 11,000 teu and 4,400 teu each in 2027 and 2028. The 11,000 teu series are costing up to $125m per ship, while the …
https://splash247.com/rcl-boosts-boxship-orderbook/
Thailand’s Regional Carrier Lines (RCL) is bolstering its fleet with four additional containership newbuildings in China. The company revealed in a stock exchange filing that it will be adding a pair of 11,000 teu and 4,400 teu each in 2027 and 2028. The 11,000 teu series are costing up to $125m per ship, while the …
Japan considers increasing US soybean imports in tariff talks, Nikkei reports
https://www.hellenicshippingnews.com/japan-considers-increasing-us-soybean-imports-in-tariff-talks-nikkei-reports/
Japan is considering increasing its soybean imports from the United States as part of tariff negotiations, the Nikkei reported. Japan, whose soybean imports are handled by the private sector, could ask companies to boost trade with the United States amid the latter’s trade war with China, the report said. About half of U.S. soybean exports ...
https://www.hellenicshippingnews.com/japan-considers-increasing-us-soybean-imports-in-tariff-talks-nikkei-reports/
Japan is considering increasing its soybean imports from the United States as part of tariff negotiations, the Nikkei reported. Japan, whose soybean imports are handled by the private sector, could ask companies to boost trade with the United States amid the latter’s trade war with China, the report said. About half of U.S. soybean exports ...
Australian coal exports face numerous downside risks, new projections show
https://www.hellenicshippingnews.com/australian-coal-exports-face-numerous-downside-risks-new-projections-show/
Global demand for metallurgical (met) coal is expected to fall as low emissions steel production gains pace, according to the latest Resources and Energy Quarterly (REQ) forecast from the Department of Industry, Science and Resources (DISR). However, DISR remains bullish on Australian met coal export growth, despite a history of overestimating expected export volumes. DISR ...
https://www.hellenicshippingnews.com/australian-coal-exports-face-numerous-downside-risks-new-projections-show/
Global demand for metallurgical (met) coal is expected to fall as low emissions steel production gains pace, according to the latest Resources and Energy Quarterly (REQ) forecast from the Department of Industry, Science and Resources (DISR). However, DISR remains bullish on Australian met coal export growth, despite a history of overestimating expected export volumes. DISR ...
Indian Iron Ore Exports Face Downward Pressure
https://www.hellenicshippingnews.com/indian-iron-ore-exports-face-downward-pressure/
Through our dry bulk flow tool, we have identified changing trends in iron ore flows from Indian ports. Growing domestic demand from the steel industry and weaker demand from China have led to less iron ore leaving Indian ports so far in 2025. Fully utilizing the dry bulk flows feature enables maritime professionals to spot, ...
https://www.hellenicshippingnews.com/indian-iron-ore-exports-face-downward-pressure/
Through our dry bulk flow tool, we have identified changing trends in iron ore flows from Indian ports. Growing domestic demand from the steel industry and weaker demand from China have led to less iron ore leaving Indian ports so far in 2025. Fully utilizing the dry bulk flows feature enables maritime professionals to spot, ...
Dry Bulk Market: Capesizes March to Higher Ground
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-march-to-higher-ground/
Capesize The Capesize market showed a clear upward trajectory this week following a subdued start due to the Easter holidays. The BCI 5TC rose steadily, closing the week at $15,667, up from $13,774 on Tuesday. In the Pacific, sentiment improved significantly midweek as C5 rates climbed from early lows, supported by growing cargo volumes and ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-march-to-higher-ground/
Capesize The Capesize market showed a clear upward trajectory this week following a subdued start due to the Easter holidays. The BCI 5TC rose steadily, closing the week at $15,667, up from $13,774 on Tuesday. In the Pacific, sentiment improved significantly midweek as C5 rates climbed from early lows, supported by growing cargo volumes and ...
NORDEN raises full-year guidance 2025
https://www.hellenicshippingnews.com/norden-raises-full-year-guidance-2025/
On the back of the increased gains from sales of vessels and good operational performance, NORDEN upgrades the 2025 full-year guidance and now expects a net profit in the range of USD 50 – 130 million (previously USD 20 – 100 million). As part of our strategy to realise asset values, we have year-to-date sold ...
https://www.hellenicshippingnews.com/norden-raises-full-year-guidance-2025/
On the back of the increased gains from sales of vessels and good operational performance, NORDEN upgrades the 2025 full-year guidance and now expects a net profit in the range of USD 50 – 130 million (previously USD 20 – 100 million). As part of our strategy to realise asset values, we have year-to-date sold ...
R2mc Deploys Eco Patch Technology at Sea
https://www.hellenicshippingnews.com/r2mc-deploys-eco-patch-technology-at-sea/
R2mc Technologies is entering the marine propulsion market after success in motorsports and heavy-duty transport, with a new patented Eco Patch Technology. The Eco Patch System acts as an autonomous torsional damper, converting mechanical, thermal and acoustic vibrations from rotating systems into a counteracting electromagnetic field – entirely self-powered, with no external energy input required. ...
https://www.hellenicshippingnews.com/r2mc-deploys-eco-patch-technology-at-sea/
R2mc Technologies is entering the marine propulsion market after success in motorsports and heavy-duty transport, with a new patented Eco Patch Technology. The Eco Patch System acts as an autonomous torsional damper, converting mechanical, thermal and acoustic vibrations from rotating systems into a counteracting electromagnetic field – entirely self-powered, with no external energy input required. ...
Training for alternative fuels
https://www.hellenicshippingnews.com/training-for-alternative-fuels/
The large-scale rollout of the Train-the-Trainer Programme on Alternative Fuels for Sustainable Shipping, led by the International Maritime Organization (IMO), has begun, with the first training for 35 participants at the Maritime Technology Cooperation Centre (MTCC-Asia) held at Shanghai Maritime University, from 14 to18 April. The Programme was implemented by World Maritime University (WMU) to ...
https://www.hellenicshippingnews.com/training-for-alternative-fuels/
The large-scale rollout of the Train-the-Trainer Programme on Alternative Fuels for Sustainable Shipping, led by the International Maritime Organization (IMO), has begun, with the first training for 35 participants at the Maritime Technology Cooperation Centre (MTCC-Asia) held at Shanghai Maritime University, from 14 to18 April. The Programme was implemented by World Maritime University (WMU) to ...
AI is Influencing Operational Planning: Need to Improve Digital Readiness
https://www.hellenicshippingnews.com/ai-is-influencing-operational-planning-need-to-improve-digital-readiness/
As AI and automation continue to dominate industry and IT conversations, new survey findings from Tideworks Technology® Inc. (Tideworks), a full-service provider of intermodal and marine terminal operating system (TOS) solutions, and Port Technology International (PTI) reveal a significant disconnect between the industry’s appetite for innovation and the foundational technology currently in place at many ...
https://www.hellenicshippingnews.com/ai-is-influencing-operational-planning-need-to-improve-digital-readiness/
As AI and automation continue to dominate industry and IT conversations, new survey findings from Tideworks Technology® Inc. (Tideworks), a full-service provider of intermodal and marine terminal operating system (TOS) solutions, and Port Technology International (PTI) reveal a significant disconnect between the industry’s appetite for innovation and the foundational technology currently in place at many ...
Höegh Autoliners ASA: First quarter results and distribution of dividends
https://www.hellenicshippingnews.com/hoegh-autoliners-asa-first-quarter-results-and-distribution-of-dividends/
Höegh Autoliners continued to report solid financial performance in the first quarter of 2025. The gross revenue was USD 329 million/NOK 3,559 million, operating profit (EBITDA) was USD 155 million/NOK 1,671 million, and net profit after tax was USD 155 million/NOK 1,672 million. Highlights of the quarter Operating profit (EBITDA) of USD 155 million and ...
https://www.hellenicshippingnews.com/hoegh-autoliners-asa-first-quarter-results-and-distribution-of-dividends/
Höegh Autoliners continued to report solid financial performance in the first quarter of 2025. The gross revenue was USD 329 million/NOK 3,559 million, operating profit (EBITDA) was USD 155 million/NOK 1,671 million, and net profit after tax was USD 155 million/NOK 1,672 million. Highlights of the quarter Operating profit (EBITDA) of USD 155 million and ...
Kpler completes acquisition of Spire Maritime, strengthening maritime intelligence capabilities
https://www.hellenicshippingnews.com/kpler-completes-acquisition-of-spire-maritime-strengthening-maritime-intelligence-capabilities/
Kpler, a provider of intelligence tools for trade, is pleased to announce the successful closing of its acquisition of Spire Maritime, a strategic move that bolsters Kpler’s capabilities in maritime data and analytics. “This milestone marks a significant step forward in Kpler’s mission to deliver decision defining insights across the global trade sector,” said Mark ...
https://www.hellenicshippingnews.com/kpler-completes-acquisition-of-spire-maritime-strengthening-maritime-intelligence-capabilities/
Kpler, a provider of intelligence tools for trade, is pleased to announce the successful closing of its acquisition of Spire Maritime, a strategic move that bolsters Kpler’s capabilities in maritime data and analytics. “This milestone marks a significant step forward in Kpler’s mission to deliver decision defining insights across the global trade sector,” said Mark ...
ETF’s First Response to IMO’s Climate Agreement: What Net-Zero Means for Maritime and Ports
https://www.hellenicshippingnews.com/etfs-first-response-to-imos-climate-agreement-what-net-zero-means-for-maritime-and-ports/
In April 2025, the IMO adopted a global carbon pricing mechanism for shipping, to take effect in 2028, with a $100-per-tonne levy on CO₂ emissions above targets. Aimed at achieving net-zero by 2050, the agreement also highlights the critical role of seafarers. Meanwhile, the EU has already implemented a more advanced system: maritime transport has ...
https://www.hellenicshippingnews.com/etfs-first-response-to-imos-climate-agreement-what-net-zero-means-for-maritime-and-ports/
In April 2025, the IMO adopted a global carbon pricing mechanism for shipping, to take effect in 2028, with a $100-per-tonne levy on CO₂ emissions above targets. Aimed at achieving net-zero by 2050, the agreement also highlights the critical role of seafarers. Meanwhile, the EU has already implemented a more advanced system: maritime transport has ...
Panama Canal levels up
https://www.hellenicshippingnews.com/panama-canal-levels-up/
With higher water levels, improved transit conditions and a forward-looking strategy, the Panama Canal is making a strong recovery from the worst drought in its 143-year history. Alexei Oduber square Nearly two years have passed since the Panama Canal Authority cut the number of vessels transiting the waterway. It was a difficult decision, but one ...
https://www.hellenicshippingnews.com/panama-canal-levels-up/
With higher water levels, improved transit conditions and a forward-looking strategy, the Panama Canal is making a strong recovery from the worst drought in its 143-year history. Alexei Oduber square Nearly two years have passed since the Panama Canal Authority cut the number of vessels transiting the waterway. It was a difficult decision, but one ...
Trump says US ships should be allowed to travel through the Panama and Suez canals for free
https://www.hellenicshippingnews.com/trump-says-us-ships-should-be-allowed-to-travel-through-the-panama-and-suez-canals-for-free/
U.S. President Donald Trump said on Saturday that American military and commercial ships should be allowed to travel through the Panama Canal and Suez Canal free of charge. “I’ve asked Secretary of State Marco Rubio to immediately take care of, and memorialize, this situation,” Trump said in a post on Truth Social. The Panama Canal ...
https://www.hellenicshippingnews.com/trump-says-us-ships-should-be-allowed-to-travel-through-the-panama-and-suez-canals-for-free/
U.S. President Donald Trump said on Saturday that American military and commercial ships should be allowed to travel through the Panama Canal and Suez Canal free of charge. “I’ve asked Secretary of State Marco Rubio to immediately take care of, and memorialize, this situation,” Trump said in a post on Truth Social. The Panama Canal ...
Japan considers increasing US soybean imports in tariff talks, Nikkei reports
https://www.hellenicshippingnews.com/japan-considers-increasing-us-soybean-imports-in-tariff-talks-nikkei-reports/
Japan is considering increasing its soybean imports from the United States as part of tariff negotiations, the Nikkei reported. Japan, whose soybean imports are handled by the private sector, could ask companies to boost trade with the United States amid the latter’s trade war with China, the report said. About half of U.S. soybean exports ...
https://www.hellenicshippingnews.com/japan-considers-increasing-us-soybean-imports-in-tariff-talks-nikkei-reports/
Japan is considering increasing its soybean imports from the United States as part of tariff negotiations, the Nikkei reported. Japan, whose soybean imports are handled by the private sector, could ask companies to boost trade with the United States amid the latter’s trade war with China, the report said. About half of U.S. soybean exports ...
China is restricting mineral exports. How does its export control system work?
https://www.hellenicshippingnews.com/china-is-restricting-mineral-exports-how-does-its-export-control-system-work/
China has been flexing its control over the mining and refining of minerals by adding metals essential for clean energy, chipmaking and defence to its export control list, disrupting global supply and sending prices soaring. Through its export licensing system, Beijing gets a direct say over who gets what, and how much. Below is a ...
https://www.hellenicshippingnews.com/china-is-restricting-mineral-exports-how-does-its-export-control-system-work/
China has been flexing its control over the mining and refining of minerals by adding metals essential for clean energy, chipmaking and defence to its export control list, disrupting global supply and sending prices soaring. Through its export licensing system, Beijing gets a direct say over who gets what, and how much. Below is a ...
India’s Prime Minister calls on steel industry to seek alternatives to imported coking coal
https://www.hellenicshippingnews.com/indias-prime-minister-calls-on-steel-industry-to-seek-alternatives-to-imported-coking-coal/
Indian Prime Minister Narendra Modi urged the domestic steel industry to find alternatives for the key steel making raw material coking coal and reduce its import dependency in a virtual address during India Steel 2025 conference on April 24. Modi said raw material security was a major concern for the steel industry and added that ...
https://www.hellenicshippingnews.com/indias-prime-minister-calls-on-steel-industry-to-seek-alternatives-to-imported-coking-coal/
Indian Prime Minister Narendra Modi urged the domestic steel industry to find alternatives for the key steel making raw material coking coal and reduce its import dependency in a virtual address during India Steel 2025 conference on April 24. Modi said raw material security was a major concern for the steel industry and added that ...
Australian coal exports face numerous downside risks, new projections show
https://www.hellenicshippingnews.com/australian-coal-exports-face-numerous-downside-risks-new-projections-show/
Global demand for metallurgical (met) coal is expected to fall as low emissions steel production gains pace, according to the latest Resources and Energy Quarterly (REQ) forecast from the Department of Industry, Science and Resources (DISR). However, DISR remains bullish on Australian met coal export growth, despite a history of overestimating expected export volumes. DISR ...
https://www.hellenicshippingnews.com/australian-coal-exports-face-numerous-downside-risks-new-projections-show/
Global demand for metallurgical (met) coal is expected to fall as low emissions steel production gains pace, according to the latest Resources and Energy Quarterly (REQ) forecast from the Department of Industry, Science and Resources (DISR). However, DISR remains bullish on Australian met coal export growth, despite a history of overestimating expected export volumes. DISR ...