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Wednesday, 23 September 2026 Reading Room

Finance & Markets

PortXchange: Spain’s New Fuel Law Is a Rerun of the Rule That Cost Rotterdam 650,000 Tonnes

Nine months after the Netherlands became the first country to impose a binding decarbonisation obligation on marine fuel suppliers rather than on the ships they serve, Spain has followed with Royal Decree 611/2026. The market data from Rotterdam shows what other ports should expect if the mechanism keeps spreading unevenly, according to PortXchange, the port ...

hellenicshippingnews.com ·

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August 2026 sees historic cargo throughput at the Port of Gdańsk

The Port of Gdańsk continues to maintain strong growth in cargo throughput. From January to the end of August, 57.7 million tonnes of cargo were handled, which is 10% more than in the same period last…

  • Port of Gdańsk handles 8 million tonnes in August 2026
  • 13.3% year-on-year increase, surpassing July's 7.9 million tonnes
  • General cargo and liquid fuels drive 21% and 5% growth

·hellenicshippingnews.com

Iron Ore Rises on Supply Risks

Iron ore futures in China climbed above CNY 710 per ton on Wednesday, recovering from losses in the previous session as fresh supply concerns supported prices despite ongoing demand headwinds.

  • Iron ore prices surged to CNY 710 per ton in China due to supply concerns.
  • Brazil's iron ore production faces higher shipping costs from El Niño weather patterns.
  • Chinese steel mills anticipate stock replenishment before Golden Week holiday.

·hellenicshippingnews.com

China seizes LNG bunkering vessel market as Korea loses lead

China appears to have monopolized new orders for LNG bunkering vessels (LNGBV) that supply fuel to liquefied natural gas (LNG) propulsion ships at sea.

  • China now leads LNG bunkering vessel market, outpacing Korea
  • 56% of 2024 LNGBV orders went to Chinese shipbuilders
  • Demand for LNG bunkering vessels expected to rise to 208 by 2030

·hellenicshippingnews.com

EPS receives LPG dual-fuel ammonia carrier from Jiangnan Shipyard

Singapore-based global shipping company Eastern Pacific Shipping (EPS) has taken delivery of an LPG dual-fuel very large ammonia carrier (VLAC) from China’s Jiangnan Shipyard.

  • EPS receives Lilac Cove, 93,000 cbm LPG dual-fuel VLAC from Jiangnan Shipyard
  • Lilac Cove can operate on LPG and traditional marine fuels
  • Second of six VLACs being constructed for EPS at Jiangnan Shipyard

·hellenicshippingnews.com

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