A warning has been issued regarding the potential emergence of a two-speed coastal shipping industry in Greece. This scenario could see powerful groups able to finance fleet renewals, while smaller businesses struggle to keep pace.
The shipping industry is experiencing increased profitability across all sectors due to geopolitical tensions and conflicts, particularly in the Middle East, which are disrupting the transport chain.
Oil prices rose due to concerns over potential supply disruptions after Iran proposed a deal with Oman to bar US and Israeli ships from the Strait of Hormuz. Despite the proposal, former President Trump indicated that talks regarding the strait were progressing.
Iran has announced an agreement with Oman to reopen the Strait of Hormuz, a critical shipping lane, while simultaneously threatening Gulf states with attacks on energy infrastructure if the US strikes Iran. This development has caused oil prices to rise due to market fears of disruptions in the strait.
OceanPal, controlled by Semiramis Paliou, is undergoing a radical change in direction, exiting the shipping industry to focus exclusively on artificial intelligence and blockchain technology while remaining publicly listed.
Dakuku Peterside emphasized that adopting green maritime practices can provide a significant competitive advantage for Nigeria's shipping sector. He highlighted the importance of decarbonisation and operational efficiency in achieving this.
A study by EY-Parthenon emphasizes that the decarbonization of the shipping industry is necessary but complex, extending beyond just fuel changes and fleet modernization. It calls for a comprehensive and realistic roadmap to achieve this goal.
The shipping industry is considering wind propulsion as a method to reduce fuel consumption and greenhouse gas emissions. However, shipowners require reliable data before widely adopting the technology.
President Trump has reversed his plan to impose a 20% toll on ships passing through the Strait of Hormuz, opting instead for investment deals with Gulf states. This decision comes as new airstrikes reportedly hit Iran.
The International Chamber of Shipping (ICS) emphasized the critical role of the shipping industry in connecting nations, fostering economic development, and supporting billions of people globally, underscoring its resilience.
The artificial intelligence boom is transforming not only the technology sector but also the shipping industry, driven by a rapid increase in demand for computational power, cloud services, and AI models.
The Athens University of Economics and Business celebrated the graduation of students from its MSc in International Shipping, Finance and Management program, preparing new executives for the shipping industry.
BIMCO has launched its Seafarer Digital Certificates Charter, marking a significant step towards the shipping industry's transition to secure and interoperable digital certification solutions for seafarers.
The global shipping industry is projected to require nearly 114,000 additional officers by 2030, as the demand for qualified seafarers continues to outpace supply across the world merchant fleet, according to the new Seafarer Workforce Report 2026.
Danaos Shipping Co. Ltd, led by Dr. John Coustas, presented key aspects of human resource management in the shipping industry to students of the postgraduate program in International Shipping, Finance, and Management at the Athens University of Economics and Business.
Shipping traffic in the Strait of Hormuz has increased, with more tankers crossing with open signals, as the Japanese shipping industry emphasizes safety as a key factor for navigation in the region.
The Hellenic Shortsea Shipowners Association (EΕΝΜΑ) has expressed its support for the Ministry of Shipping and Island Policy's new initiative to establish a Green Transition Fund for the shipping industry.
The availability and high cost of new fuels, along with the need for a clear regulatory framework, are identified as key challenges to accelerating the decarbonization of the shipping industry.
Greece plans to allocate revenues generated from the European FuelEU Maritime regulation towards financing the green transition of its shipping industry and port infrastructure. This initiative aims to support sustainable practices within the maritime sector.
Greek Minister of Shipping and Island Policy, Vassilis Kikilias, emphasized that the shipping industry is a crucial development pillar for the entire Greek society, fostering growth, job creation, and added value for local economies.
The 'Adopt a Ship' program is proving successful in attracting young people to the shipping industry, addressing the sector's need for human resources in the coming decades.
Schneider Electric and Msystems are collaborating to drive maritime decarbonization and digital transformation, addressing the shipping industry's need to balance stringent regulations with operational demands.
Analysts are forecasting a continued upturn in the shipping industry, anticipating solid dividend returns while also highlighting key risk factors for investors.
Schneider Electric and Msystems have announced a partnership to provide integrated solutions for the future of the shipping industry, addressing stricter regulations and increasing operational demands.
The Athens Stock Exchange is facilitating the entry of major shipping companies, with Safe Bulkers making a parallel listing on Euronext Athens alongside its NYSE presence, signaling a growing connection between the Greek market and its shipping industry.
France and Greece held a meeting to discuss the decarbonization and competitiveness of the shipping industry. The discussion focused on collaborative efforts to achieve environmental goals in maritime transport.
Vodafone Business is actively participating in Posidonia 2026, the leading maritime exhibition, presenting comprehensive solutions for connectivity, cybersecurity, and AI aimed at the digital transformation of the shipping industry.
The shipping industry is challenged to demonstrate resilience and adaptability amidst a landscape of geopolitical chaos, regulatory uncertainty, and heightened business risk.
M. Travlou, speaking at Posidonia, emphasized that a resilient economy cannot exist without a strong shipping industry. Her remarks underscored the critical importance of maritime trade to economic stability.
Integrated emissions management service EmissionLink states that FuelEU compliance has evolved from a regulatory hurdle into a commercial optimisation challenge for the shipping industry.
Marlink, a provider of managed services for digital solutions, and Metis, a specialist in maritime data and analytics, have formed a strategic partnership to deliver smart digital solutions in the shipping industry.
Greek minister Kikilias emphasized the enduring strength of Greek shipping and its crucial role in the global economy and international trade, vowing to defend it vigorously.
Thomas Zavitsanos, founder and CEO of Benefit Software, discusses the digital transformation of the shipping industry and the role of artificial intelligence in the daily operations of shipping companies.
Greek officials, including Kikilias and Dragnis, have highlighted the vital importance of the country's shipping industry. They described it as a critical pillar for the economy and society, and as the global reserve fleet.
Christina Margelou, head of Eurobank's Shipping Finance Unit, discussed the crucial role of banks in the shipping industry within an environment of geopolitical instability and high volatility.
The 10th Naftemporiki Shipping Conference featured discussions on the feasibility and challenges of decarbonizing the shipping industry. Speakers emphasized the need for realism and clear rules in the green transition, while also highlighting the importance of robust Greek shipping and shipbuilding for the nation's energy hub ambitions.
Angeliki Frangou spoke to Columbia University engineers about the future of US shipbuilding and the ongoing technological revolution within the shipping industry.
The shipping industry is transitioning from experimental phases to a more mature integration of Artificial Intelligence. Approximately six out of ten shipping companies and organizations have already initiated pilot programs or are experimenting with AI adoption.
The first day of INTERCARGO's semi-annual meeting in Singapore concluded successfully, with discussions focusing on four key challenges facing the dry bulk shipping industry.
The shipping sector is under increasing pressure to reinvest revenues generated from decarbonization measures back into green technologies for its own improvement and development. This push aims to ensure productive and efficient shortsea shipping operations.
An analysis suggests that the current busy state of the load board in the shipping industry is driven by shippers' panic rather than a simple market recovery, highlighting a crucial difference in market dynamics.
Liquefied natural gas (LNG) is increasingly becoming the preferred alternative fuel for commercial vessels within the shipping industry, marking a significant shift towards greener maritime operations.
The Greek shipping industry welcomes the IMO's decision for a new round of discussions aimed at establishing an international framework to reduce greenhouse gas emissions from ships, emphasizing the critical nature of these upcoming negotiations.
WISTA Hellas held its monthly meeting focusing on "global tensions" and their geopolitical developments, specifically examining their impact on the shipping industry.
Greek Minister Vassilis Kikilias emphasized the necessity of realistic solutions for the shipping industry's green transition, ensuring these measures do not financially burden citizens. He stressed the importance of pragmatism in environmental policies affecting maritime transport.
The capesize bulker segment is facing significant challenges, becoming a central topic of discussion regarding the future of the dry bulk market at the Capital Link Singapore panel.
T. Theodorikakos, speaking at the Piraeus Maritime Club, emphasized the significance of Greece's blue economy as a crucial asset for the nation's future. He praised the Greek shipping industry for its historical role in transforming the sea into a national strength and creating a global economic marvel.
The International Chamber of Shipping (ICS) has issued a joint statement with several other maritime organizations, forming a united front ahead of the MEPC 84 meeting scheduled for next week.
A leading shipbuilding company has developed the design for 'Project Vision,' a battery-powered ship capable of carrying 1,856 passengers. The initiative aims to green the shipping industry.
The article reflects on the night of April 14, 1912, when the Titanic, the largest ship ever built at the time, sank in the Atlantic, an event that profoundly impacted the shipping industry.
Alexandros Prokopakis, Executive Director of IBIA, along with Namrata Nadkarni and Edward Parshotam, participated in evaluating the results of the second round of testing AI models designed for shipping responses. This initiative aims to enhance the application of artificial intelligence in the maritime sector.
Atlas Maritime has received its new LNG Pure Car and Truck Carrier (PCTC) named "ECO STAR" from CIMC Raffles shipyards in China. The delivery comes amidst increasing sustainability requirements within the global shipping industry.
New AI services and products for the shipping industry will be showcased at the upcoming Posidonia 2026 exhibition as the sector increasingly integrates AI capabilities.
The shipping industry has questioned former President Trump's claim that Iran would send 20 Pakistan-flagged oil boats through the Strait of Hormuz as a sign of respect, noting that Pakistan only possesses 13 large ocean-going vessels.
Columbia Group is advocating for the careful implementation of artificial intelligence in the shipping industry to ensure that digital processes do not perpetuate or hinder progress in attracting more women to the sector.
Beijing has increased its inspections on Panama-flagged vessels entering Chinese ports, a source from the shipping industry said, an action intended to raise the Latin American country’s stress level…
Iran has begun mining the Strait of Hormuz, the critical oil shipping chokepoint, with US naval forces actively destroying the mines. President Trump demanded Iran immediately remove all mines, warning of severe consequences. Reports estimate Iran possesses 5,000-6,000 sea mines, posing a major threat to global shipping.
Seafarers have the right to refuse to sail on ships passing through the Middle East Gulf, including the Strait of Hormuz, after the threat level for the region was raised to its highest level, the leading labour union and shipping industry groups said on Thursday. FRANCE 24's Sharon Gaffney speaks with Michael Tamvakis, Professor of Commodity Economics and Finance at the Bayes Business School, City University London.
Greek Minister of Shipping, Christos Stylianides, discussed geopolitical developments affecting international shipping, Greece's role in the European maritime ecosystem, and challenges facing the global shipping industry in an interview with 'Economist'.
A Greek shipping executive warns of unprecedented conditions in shipping, energy, and global trade, highlighting the heroism of seafarers amidst the Middle East conflict.
The inland shipping industry is struggling with critically low water levels on the Rhine River, leading to calls for investment in more low-water capable vessels and causing significant disruptions to freight transport.
Martin Fruergaard, CEO of Pacific Basin, stated that the shipping industry is facing a significant shift following the Iran conflict and is prepared for further business disruptions later this year.
A cartel in the Greek coastal shipping industry is accused of price gouging, with ticket prices reportedly increasing by over 60% during the seven years of the Mitsotakis government.
Record low water levels across Europe's rivers are causing a crisis, significantly impacting the continent's energy production, shipping industry, and tourism sector.
The commercial shipping industry is confronting a triple challenge due to an expanding war that is now active on three fronts and shows signs of further escalation.
The Alba/ICS "Shipping in Action" Summer School successfully brought a new generation of students closer to the world of shipping. Spyros Vougious, Director of Shipping Programs at Alba Graduate Business School, highlighted the program's success.
The International Convention on Salvage, which has been in force for thirty years, is considered critical for the shipping industry, according to the International Chamber of Shipping (ICS) and the International Salvage Union (ISU).
Kostis Frangoulis, President and CEO of Franman, signed five new cooperation agreements in June, further strengthening the company's portfolio of equipment and services for the shipping industry.
A new study by the European Community Shipowners' Associations (ECSA) quantifies for the first time the amount of revenue the shipping industry contributes to EU member states' national budgets through the emissions trading system, noting these revenues are not being invested in green transition.
Deputy Shipping Minister Marina Hadjimanoli is traveling to London to attend an event organized by the deputy ministry at the International Maritime Organisation (IMO) to promote the Cypriot maritime and shipping industry.
The further development of the Cypriot shipping cluster and the challenges facing global shipping were the focus of the second regular meeting of the Advisory Committee for the Competitiveness of the Cypriot shipping industry.
The Angelicoussis Group, led by Maria Angelicoussis, has paid tribute to the vital contribution of seafarers to global trade and the daily operations of the shipping industry. The group emphasized their role as the backbone of maritime transport.
The need for enhanced cooperation among states, the shipping industry, and the financial sector, alongside innovation, was emphasized as crucial for addressing future challenges in international shipping.
A new global study highlights a significant lag in the training of maritime personnel regarding digital skills, despite the rapid adoption of digital technologies in the shipping industry.
The Strait of Hormuz has reopened for shipping after a US-Iran MoU, with Iran announcing new procedures for passage through the strait. Over 500 ships were initially blocked, and the reopening follows the clearing of 80 mines in the area.
The strong recovery in the freight market has brought capesize vessels back into focus, with shipowners increasing their exposure to both newbuilds and secondhand tonnage.
Following a truce between the US and Iran, the Strait of Hormuz is expected to take weeks to fully reopen for shipping and oil exports, despite claims of immediate resumption. Discussions are also underway for new negotiations between the US and Iran, with the truce's scope and regional implications, including the Israeli occupation of Lebanon, being debated.
A survey conducted by the YES to Shipping Forum has identified that access to maritime information continues to be a significant challenge within the shipping industry. This highlights a need for improved data accessibility and communication.
Greece and Norway have strengthened their maritime cooperation and discussed challenges facing the global shipping industry during discussions held at Posidonia 2026.
Orders for supertankers have surpassed the record set in 2008, indicating a boom in the shipping industry. This surge is primarily attributed to the ongoing conflict in the Middle East, impacting global oil transportation.
Discussions around nuclear propulsion for shipping are showing signs of significant maturity, with Lloyd’s Register reporting increased interest from states and operators. This trend reflects a search for reliable, zero-carbon propulsion solutions.
The truckload shipping industry is reportedly facing a period of shrinking miles, indicating potential challenges or shifts in freight demand and logistics.
The global shipping industry is confronting its defining decade at the Posidonia exhibition, addressing critical challenges and strengthening international ties. Cyprus, in particular, is using the event to enhance its shipping relationships.
The global shipping industry is grappling with a new maritime world order, marked by geopolitical fragmentation, the rise of 'dark fleets,' and uncertainty over decarbonization, which are reshaping trade routes and investment decisions.
Nikos Androulakis visited the Posidonia International Shipping Exhibition, emphasizing that for PASOK-KINAL, a strong shipping industry signifies a strong global presence for Greece.
Deputy Prime Minister Hadjidakis stated that Safe Bulkers' listing on the Exchange marks a significant moment, redefining the relationship between the shipping industry and the capital market. He expressed belief that other shipping companies would soon follow suit.
Greek Prime Minister Mitsotakis emphasized at the Posidonia exhibition that the Greek-owned shipping industry is a national and European strategic asset that must be safeguarded, especially given its increasing geopolitical importance.
The Posidonia 2026 conference program emphasizes the Greek shipping industry's active transformation in response to geopolitical instability, covering topics from risk management to energy transition and digitalization.
The potential resurgence of Somali pirates is creating a new challenge for the global shipping industry. This development raises concerns about maritime security and trade routes.
Marlink, a provider of managed digital solutions, and Metis, a specialist in maritime data collection and advanced analytics, have formed a strategic partnership to deliver smart digital solutions for the shipping industry.
Fleetwork is set to unveil its next generation of cloud maritime ERP (Enterprise Resource Planning) solutions, aiming to modernize operations in the shipping industry.
At the 10th Naftemporiki Shipping Conference, a session on "Decarbonization: No More Illusions" highlighted a deep divide between political commitments and the shipping industry's demand for realistic approaches.
Greek Minister Vassilis Kikilias stated at the 10th Naftemporiki Shipping Conference that the shipping industry is crucial for Europe's economic resilience and will determine the survival of economies and governments, emphasizing Greece's significant role.
The U.S. has charged seven Chinese executives and four shipping firms with operating an illegal container cartel. The charges allege a conspiracy to fix prices and rig bids in the shipping industry.
The global shipping industry is facing a growing crisis due to a severe shortage of seafarers, exacerbated by geopolitical instability, increasing trade demand, and the pressures of decarbonisation.
The head of the shipowners union has stated that the shipping industry is being unfairly targeted, expressing concerns about regulations or public perception affecting the sector.
Onboard Carbon Capture Systems (OCCS) are emerging as a viable technological solution for the shipping industry to comply with greenhouse gas emission reduction regulations. This method helps vessels meet environmental standards.
A new cargo ship equipped with sails and Delft rotors is being developed to drastically lower emissions from the shipping industry, showcasing an innovative approach to sustainable maritime transport.
Elpi Petraki, President of WISTA International, emphasized that progress in diversity and inclusion within the shipping industry must now translate into real and measurable change.
The dry bulk shipping industry is reportedly undergoing a strategic shift towards greater cost-effectiveness. This change is primarily driven by ongoing geopolitical pressures affecting the global market.
The shipping industry is pausing "green retrofits" as it awaits the MEPC 84 meeting of the International Maritime Organization (IMO), where the main goal is to establish common ground and implementable solutions for the decarbonization of shipping.
Greek shipowners are at the forefront of the global shipping industry's transformation, with a significant increase in new ship orders during the first quarter of the year.
The MSc MSTM program emphasizes education beyond traditional classroom settings, providing experiences and market contact crucial for the dynamic global shipping industry.
The 10th annual Naftemporiki Conference is taking place, focusing on the critical role of the shipping industry as global balances rapidly shift. The conference aims to redefine the sector's position in the current geopolitical landscape.
Mark O’Neil, CEO of Columbia Group, warns that the shipping industry could face a crewing shortage, exacerbated by the Middle East conflict, fuel disruptions, and rising repatriation costs, placing strain on global operations.
Artificial intelligence is increasingly being integrated into both strategic planning and daily operations within the shipping industry, with experts highlighting its value in comprehensive integration.
The Deputy Ministry of Shipping in Cyprus hosted an educational day, bringing 95 students from Limassol and Paphos closer to the shipping industry to explore potential career paths.
The International Chamber of Shipping (ICS) has released the fifth edition of its Guidelines on the Application of the ILO Maritime Labour Convention, advising the global shipping industry to prepare for the latest amendments before they come into force.
A maritime expert has urged authorities to implement round-the-clock Customs services at Pengerang Port to address severe eight-to-ten-hour clearance delays impacting the shipping industry.
Panama “retakes” canal, and Blackrock-led consortium doubles down on efforts to acquire dozens of global ports from Hong Kong-based company, including ones in Persian Gulf and Red Sea.
The Navigator Assembly 2026 conference was successfully held, bringing together over 300 representatives from shipping companies, maritime service providers, embassies, and maritime organizations to discuss global challenges facing the shipping industry.
The Greek Minister of Shipping and Island Policy, Christos Stylianides, spoke at an Economist conference, emphasizing the need for Europe to act faster to enhance the competitiveness of its shipping industry amidst geopolitical challenges.
The European Strategy for the Shipping Industry was welcomed by the Union of Greek Shipowners, noting that the recognition of the vital role of European shipping for the EU is…
Union of Greek…
Almost 90 international maritime and ports groups are pushing for a global climate deal, including a carbon levy, for the shipping industry, despite opposition from the US.
Sources indicate that a proposed deal regarding passage through the Strait of Hormuz is not considered feasible for the international shipping industry.
Eight major shipping industry associations urged the UN and IMO to reject compulsory tolls in the Strait of Hormuz, warning it could set a precedent for similar charges elsewhere.
A Hong Kong shipping industry body reports that up to 80 of its ships and 1,600 seafarers are stuck in or near the Strait of Hormuz due to over five months of conflict in the Middle East.
An article examines whether the current rise in freight rates is primarily driven by increased demand or constrained capacity within the shipping industry.
The United States has launched new strikes against Iranian targets and reimposed a naval blockade on Iranian ports, leading to a rise in oil prices. This escalation follows threats from President Trump to bomb Iranian bridges and power plants, while Iran's Revolutionary Guard Corps warned of blocking more waterways.
Vangelis Marinakis and Angeliki Frangou analyzed significant changes in the shipping industry and their impact on the international economic environment during the Economist conference.
Analysts suggest the global shipping industry, known for its resilience, is likely to emerge relatively unchanged from the upheaval caused by the Iran war.
The shipping industry is increasingly considering dirty fossil fuels and nuclear power, as deep divisions among stakeholders lead to a fracturing into different camps regarding future green technologies and fuels.
EmissionLink has stated that the shipping industry requires clear guidance on the practical implementation of carbon cost rules, despite the European Commission's commitment to prevent companies from being charged twice for the same emissions. The industry seeks clarity on how these regulations will work.
The shipping industry is experiencing a reprieve in fuel prices due to a de-escalation agreement between the US and Iran, though the market has not yet returned to normalcy.
Cyprus's shipping industry joined the global maritime community in observing the Day of the Seafarer, paying tribute to those who ensure global trade and supply chains.
The President of WISTA International stated that people will be the driving force in shaping the future of the shipping industry. This emphasizes the human element's crucial role in the evolving maritime sector.
Benefit Software, a leading provider of ERP and digital solutions for the shipping industry, successfully concluded its participation in the Posidonia maritime exhibition, held from June 1st to 5th.
Greek Minister V. Kikilias announced a new era of digital reforms in the shipping industry, aiming to reduce bureaucracy and enhance transparency for sailors, responding to the sector's real needs.
A new report by INTERCARGO indicates a clear improvement in safety indicators for bulk carriers over the past decade. This suggests enhanced safety measures and practices within the shipping industry.
Shipping industry associations in the Philippines are advocating for an open pilotage policy to foster competition in ports, aiming to reduce freight costs for the public.
The global shipping industry fears that the current situation in the Hormuz Strait could be exploited by pirates, potentially leading to a resurgence of Somali piracy.
A Capital Link conference highlighted adaptability and discipline as crucial for success in the shipping industry, with Star Bulk Carriers CEO Petros Pappas noting that shipping tends to be profitable.
The International Maritime Organisation (IMO) has called on its 176 member states and the global shipping industry to strengthen efforts to protect the marine environment, marking World Oceans Day on June 8.
Posidonia 2026, the world's leading international platform for maritime business, concluded with historic turnout and record-breaking visitor numbers, reaffirming its significance for strategic dialogue and transactions in the shipping industry.
The energy transition in the shipping industry towards alternative fuels is progressing, despite a slight decrease in the percentage of new orders for alternative fuel ships compared to 2025.
The International Maritime Organization (IMO) Secretary-General Arsenio Dominguez conveyed cautious optimism regarding the progress of negotiations aimed at decarbonizing the shipping industry.
The shipping industry is demonstrating resilience amidst geopolitical turmoil, regulatory uncertainty, and heightened business risks, with discussions emerging about potential tolls in the Strait of Hormuz.
Vassilis Kikilias, Greece's Minister of Shipping and Island Policy, authored an article emphasizing the critical role of the shipping industry as a fundamental pillar for Greek economic development.
Safe Bulkers, a shipping company, has completed a dual listing on Euronext Athens, in addition to its existing listing on the New York Stock Exchange. This move is seen as a significant step in redefining the relationship between the shipping industry and capital markets in Greece, potentially paving the way for other shipping companies.
The Posidonia 2026 exhibition in Athens will be the largest in its history, bringing together the global shipping industry. Key themes will include artificial intelligence, the green transition, and geopolitical challenges affecting maritime transport.
An analysis discusses employer branding in the shipping industry as a quiet competitive advantage, highlighting its importance for attracting and retaining talent.
The Posidonia 2026 maritime exhibition is projected to have an economic footprint exceeding 100 million euros, with its conference program highlighting the active transformation of the shipping industry.
The Ambassador of the Republic of Korea emphasized the strong cooperation between South Korea and the Greek shipping sector. The ambassador also expressed confidence in Greece's global potential when it stays true to its roots.
Greece is positioned to become a shipbuilding hub for the Eastern Mediterranean, Southeast Europe, and the Black Sea, leveraging its geographical location, the size of its shipping industry, and growing energy needs.
Greek Minister of Shipping and Island Policy, Vassilis Kikilias, emphasized the crucial role of the shipping industry for the nation's economy, society, and citizens' daily lives in a statement related to the "N" Shipping Conference.
DNV Maritime's director of regulatory affairs, George Kasimatis, emphasized the crucial role of classification societies in ensuring safety during the shipping industry's transition to new energy forms and decarbonization.
ZIM Integrated Shipping Services slipped to a first-quarter loss, attributed to lower carried volumes and ongoing rate pressures in the shipping industry.
The shipping industry is experiencing significant disruptions, including energy insecurity, expensive transport, and demand pressures, due to the prolonged crisis in the Strait of Hormuz and the interruption of oil flows from the Persian Gulf.
The conflict in the Middle East has caused a shock to shipping fuels, resulting in approximately $15 billion in additional costs for the international shipping industry.
Cyprus's shipping industry is strongly positioned for continued growth, with its resilience and international role highlighted at the Cyprus Shipping Chamber's annual meeting.
The Greek shipping industry is experiencing an investment boom, with Greek shipowners having 818 vessels currently on order, according to the annual Petrofin Research survey on Greek shipping finance.
The Department of Shipping and Business Services at the University of the Aegean organized 'Career Days' on the island of Chios, aiming to strengthen the connection between the academic community and the shipping industry.
The Piraeus Port Authority (OLP) and the National Technical University of Athens (NTUA) are collaborating to leverage scientific knowledge and expertise for the modern needs of the port and shipping industry.
Observers claim that countries with significant investments in gas are exerting pressure to disrupt global negotiations by the IMO aimed at decarbonizing the shipping industry.
A conference in Cyprus highlighted the need for collective responsibility and enhanced cooperation among governments, the shipping industry, and international organizations to benefit seafarers.
Greece's Development Minister Takis Theodorikakos stated that the blue economy, particularly the powerful shipping industry, is a crucial pillar for the nation's future strength.
The Cyprus Shipping Chamber has expressed support for international efforts to establish a unified approach to decarbonising the shipping industry, ahead of the International Maritime Organisation's MEPC 84 session.
Leading international maritime organizations are calling on member states of the International Maritime Organisation (IMO) to reach an agreement on a clear pathway for the shipping industry's decarbonisation efforts. The industry has expressed its commitment to reducing emissions.
The International Chamber of Shipping (ICS) has denounced proposed tolls in the Strait of Hormuz as a worrisome step in the wrong direction, while noting that several thousand stranded seafarers…
March 2026 concluded with a record-breaking 838 deep-sea vessels on order by Greek shipowners, indicating significant growth in the Greek shipping industry.
President Trump detailed a daring US rescue of a downed F-15E officer in Iran, who survived nearly 48 hours behind enemy lines despite severe injuries.
The upcoming Posidonia 2026 exhibition will highlight new Artificial Intelligence services and products for the shipping industry, reflecting the sector's increasing adoption of AI capabilities.
The Daily Star from Bangladesh has published an article focusing on the country's ports and shipping industry. Further details on specific events or developments within the sector are not provided in the title.
China is accelerating efforts to integrate artificial intelligence into its shipping industry, aiming to develop a smart maritime system by 2027 with breakthroughs in core technologies.
The Department of Shipping Studies at the University of Piraeus, in collaboration with MSC Mediterranean Shipping Company, announced a new training program titled 'Fundamentals of Container Shipping,' strengthening the connection between education and the shipping industry.
An analysis highlights the fragmented nature of the US shipping industry, noting that 9 out of 10 carriers operate with 10 trucks or less, despite there being 292,000 shippers in America.
Chalkis Shipyards is reportedly stepping up its presence at the Posidonia maritime exhibition, indicating increased activity or strategic focus within the shipping industry.
Fifty students from the University of the Aegean's Shipping and Business Services and Tourism Management departments were hosted by Attica Group, aiming to connect the academic community with the passenger shipping industry.
This article explores the lesser-known history of the Greek families Arvanitidis and Sideridis, who were significant oil exporters from Batumi in the Caucasus to Constantinople, contributing to the region's oil trade and shipping industry.
The Wall Street Journal published a profile on Greek shipping magnate George Prokopiou, highlighting his decades-long reputation for risk-taking and bold ventures in the shipping industry.
Wall Street Desperately Seeks Details On Trump's Plan To Unclog Hormuz Chokepoint
It's been wild ride in crude over the past few days with Brent crude futures were capped near $84 a barrel on Tuesday afternoon before sliding down to the $81 level late Wednesday afternoon, only to surge back up to $84 this morning...
...as shipping industry insiders and Wall Street analysts await exact details on the Trump administration's proposal to keep tankers transiting the Strait of Hor...
The Union of Greek Shipowners (EEE) has welcomed the new European Strategy for the Shipping Industry, emphasizing the recognition of the crucial importance of European shipping for the EU.