Chinese ship-owner CMES holds vessel-naming ceremony in South Korea, advancing the two countries’ shipbuilding cooperation

South Korea’s Top Shipbuilders Post Strong Q3 Profits Amid Challenges

Amid adverse factors such as exchange rate declines, reduced working days, and labor-management conflicts, South Korea’s three major shipbuilders achieved relatively robust performance in the third…

2h ago ·hellenicshippingnews.com

MMI Daily Iron Ore Index Report November 2 2026

Prices recovered in November’s first session, with futures, port and seaborne indices moving higher together. DCE most-traded closed at 674.5 yuan/mt, up 0.37%; the 61%, 58% and 65% port indices each…

2h ago ·hellenicshippingnews.com

ARA fuel oil stocks rose 2% in October

The ARA’s independently held fuel oil stocks averaged 2% higher in October, compared to September’s monthly average, according to Insights Global data.

2h ago ·hellenicshippingnews.com

22 deaths worldwide involving EU ships in 2025

In 2025, there were 22 fatalities in maritime accidents worldwide involving EU-registered ships, up by 7 from 2024. There were also 3 fatalities in accidents within the EU territorial seas involving…

2h ago ·hellenicshippingnews.com

China and Russia are redrawing Arctic trade. Can Europe fight back?

China and Russia are tightening their grip on Arctic shipping routes, turning the rapidly warming region into a new geopolitical battleground with Europe.

2h ago ·hellenicshippingnews.com

Kumiai Navigation takes delivery of LPG dual-fuel gas carrier

Singapore shipowner Kumiai Navigation’s new gas carrier from Kawasaki Heavy Industries (KHI) could later be converted to run on ammonia.

• Kumiai Navigation receives 86,700-cbm Aurora Borealis from Kawasaki Heavy Industries.
• Vessel can transport LPG and ammonia simultaneously in separate cargo tanks.
• ClassNK approves ammonia fuel design concept for future operation.

2h ago ·hellenicshippingnews.com