World braces for oil price shock as Iran conflict threatens Gulf shipping
Global markets are preparing for a significant increase in oil prices due to the ongoing conflict involving Iran, which threatens one of the most crucial shipping routes for oil supply.
"Hormuz Effectively Blockaded"... Will 20% of the World's Oil Supply Be Cut Off?
Following U.S. and Israeli airstrikes on Iran, the Strait of Hormuz, a crucial passage for global oil supply, is facing an effective blockade, affecting shipping routes and causing concerns over oil delivery.
The offensive against Iran shakes air and maritime traffic and unleashes a global disruption
The U.S. and Israel's military offensive against Iran has led to significant disruptions in air and maritime traffic in the Middle East, causing large-scale travel interruptions and raising alarms over major shipping routes.
Can Iran close the Strait of Hormuz? A military expert responds
A military expert argues that while Iran cannot physically close the Strait of Hormuz, the mere announcement of such a closure could deter shipping traffic.
Important Trade Route: What Does the Attack on Iran Mean for the Strait of Hormuz?
The article discusses the potential implications of US and Israeli attacks on Iran for the crucial shipping route of the Strait of Hormuz, emphasizing its significance for global oil exports.
Important Trade Route: What Does the Attack on Iran Mean for the Strait of Hormuz?
The article discusses the implications of recent attacks on Iran by the US and Israel for the Strait of Hormuz, a critical global shipping route, particularly for oil exports.
War on Iran Increases Pressure on Shipping Sector and Supply Chains in the Region
The recent U.S.-Israeli strikes on Iran are expected to significantly impact the shipping sector and supply chains, with implications for global maritime routes, shipping costs, and oil prices.
The Houthis are once again targeting ships in the Red Sea
Houthi rebels have announced a resumption of attacks on commercial vessels in the Red Sea, raising concerns over maritime safety and global supply chains.
Significant Increase in Iranian Oil Shipments: Who is Buying it Despite US Sanctions?
Iran's oil shipments have surged to the highest levels in years, which raises concerns in global oil markets amid rising shipping costs and geopolitical tensions between Tehran and Washington.
Global orderbook: Shipping industry signals support for fossil fuels
The shipping industry is largely reliant on fossil fuels, with a significant majority of new ships being constructed to run on oil or LNG rather than green alternatives.
Oyetola reaffirms Nigeriaβs commitment to zero carbon emissions
Nigeria's Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, has expressed the country's dedication to achieving net-zero shipping emissions by aligning with global climate strategies.
Second Narrows Rail Bridge malfunction traps 13 deep-sea cargo vessels
The Second Narrows Rail Bridge in Metro Vancouver malfunctioned, trapping 13 deep-sea cargo vessels and disrupting marine traffic in the area.
Global orderbook: The shipping community votes for fossil fuels
The global ship orderbook reveals that fossil fuels continue to dominate shipping, with around 93%-97% of new vessels still set to rely on oil or LNG.
5,800 ships of the Greek-owned fleet in 174 countries
The Greek shipping fleet, comprising 5,800 ships, has made over 160,000 port calls in 174 countries in 2023, highlighting its global significance.
High freight rates lift Greek shipping companies on the American stock exchange
The global tanker market is experiencing a dynamic phase with soaring freight rates significantly boosting cash flows for companies and translating into increased valuations.
In 174 countries, the 5,800 ships of the Greek-owned fleet
The Greek shipping fleet made over 160,000 port calls in 2023 across 174 countries, highlighting its global presence and economic significance.
China dominates with 5,500 ships while America has under 100 β but Trumpβs fighting back
The article discusses China's dominance in global shipping with a fleet of 5,500 ships compared to America's under 100, highlighting concerns over national security and economic implications for the U.S.
What is behind the increase in abandoned ships at sea
The number of abandoned oil tankers and commercial vessels has surged globally, raising concerns about the conditions faced by stranded crews.
Greek Shipping: Pillar of the Global Economy
Three prominent Greek shipowners delivered messages to the younger generation during an event celebrating the 10th anniversary of the MSc in International Shipping, Finance and Management program.
16th Annual Capital Link Greek Shipping Forum
The 16th Annual Capital Link Greek Shipping Forum in Greece attracted over 1,000 attendees, including global maritime leaders and dignitaries.
BRICS needs strategic maritime cooperation β Putin aide
A Russian official emphasized the need for strategic maritime cooperation among BRICS countries to enhance security along global shipping routes amidst concerns over Western piracy.
Shipping Containers: The World in Boxes
An exhibition in Waltrop highlights the significance of shipping containers in revolutionizing global trade.
Shipping Containers: The World in Boxes
An exhibition in Waltrop highlights the global impact of shipping containers on trade.
Containerships: Freight rates enter prolonged downtrend
The global container shipping market is experiencing a prolonged decline in freight rates due to weak demand and increased shipping capacity.
Iran's Revolutionary Guards begin military drills in Strait of Hormuz
Iran's Revolutionary Guards have commenced military exercises in the strategically significant Strait of Hormuz, a vital shipping route for global oil supplies.
Greek fleet underpins international trade
The Greek-owned fleet plays a crucial role in global trade, controlling significant shares of transport capacity for energy and raw materials.
Containerships: Freight Rates in a Downward Trend
The global container shipping market is entering a downward phase as spot rates decline for the fifth consecutive week due to weak demand and increasing capacity.
IMO: Two-Year Campaign to Enhance Excellence
The International Maritime Organization has launched a two-year global initiative for 2026-2027 focused on transitioning maritime commitments into actionable excellence.
Greek shipping "moves the world" β Why the two superpowers "bow" to the Greek-owned fleet
The Greek-owned fleet, accounting for 19.1% of the world's shipping capacity, plays a crucial role in the economies of Europe, the US, and China, driving energy and food security.
European shipowners call for an international decarbonization system
The European Community Shipowners' Associations (ECSA) advocates for the abolition of regional shipping regulations in the EU in favor of a global decarbonization agreement from the International Maritime Organization (IMO).
GSL Announces Dividend Distribution
Global Ship Lease (GSL) announced a dividend of $0.625 per share for the fourth quarter of 2025, slated for payment on March 6, 2026, to shareholders registered by February 24.
The Hellenic Union of Small-Scale Shipping Honored the Global Day of the Greek Language
The Hellenic Union of Small-Scale Shipping celebrated the Global Day of the Greek Language, recognizing its cultural significance and historical impact.
LNG carriers: Greek shipowners lead the way
The Greek shipowners are taking the lead in the global LNG carrier market, with plans for significant new orders and construction in the coming years.
With an eye on 2026, alternative fuels
The director of Global Decarbonization at DNV Maritime discusses the ongoing role of alternative fuels like LNG and methanol in the energy transition with implications tied to upcoming decisions from the IMO.
LNG carriers: The Greeks are making a difference
The global LNG carrier market is entering a new phase of intense activity, with a projected explosive increase in orders in 2026 led by Greek shipowners who play a pivotal role in this sector.
Travlou: Greek shipping, a force of stability in the face of global rifts
Melina Travlou, president of the Union of Greek Shipowners, emphasized the importance of the Greek shipping fleet as a stabilizing force in international trade at the annual general assembly.
Message from Melina Travlou About China's Marginal Dominance in Global Shipping
Melina Travlou, President of the Greek Shipowners' Association, addressed the strategic importance of shipping and the challenges posed by China's role at the Annual General Assembly of the Association.
Orders for ships with alternative fuels decline
Recent data reveals a significant decline in orders for ships using alternative fuels, with the majority of the global fleet still reliant on conventional fuels.
Shipping Companies Expect Drop in Profits After Returning to the Red Sea
Global shipping companies are preparing for a decline in profits in 2026 due to expectations of reopening the Red Sea route, which could decrease shipping prices amid an increase in global transport service oversupply.
M. Traulou: "The shipping of the Greeks, a force of stability against global ruptures"
Melina Traulou, president of the Union of Greek Shipowners, emphasized the importance of safeguarding shipping as a guardian of international trade and global prosperity during her speech at the annual general assembly.
16th Annual Capital Link Greek Shipping Forum
The 16th Annual Capital Link Greek Shipping Forum will take place in Athens on February 5, 2026, with participation from global shipping leaders and representatives from various international maritime organizations.
Losers and Winners from Increasing Risks around the Strait of Hormuz
The article discusses how rising geopolitical risks in the Strait of Hormuz are affecting global energy, food, and shipping markets, highlighting its critical role as a chokepoint in the world's energy supply.
Costis Fragoulis: A message of cooperation and strategic alignment with the USA through shipping
The Propeller Club event highlighted the strategic value of Greek shipping and expressed a clear message of continuity, cooperation, and strategic alignment with the USA amid global uncertainties.
The Arctic in Focus: Geopolitical Tension and Opportunities for Shipping
The Arctic is increasingly central to international geopolitics and global shipping, highlighted by rising maritime traffic and key Arctic routes, particularly following remarks by U.S. President Donald Trump about Greenland's strategic importance.
Greenland: Its Importance for International Shipping
Donald Trump's intention to acquire Greenland brings the Arctic and the role of the Arctic Ocean in international shipping to the forefront of the global agenda.
Hapag-Lloyd Expands in the USA
Hapag-Lloyd's subsidiary, Hanseatic Global Terminals, has acquired the Florida International Terminal and plans to significantly expand its terminal network worldwide.
Hoisting Russian Flags, βShadow Fleetβ Edges Into the Light
The article discusses the emergence and activities of a 'shadow fleet' associated with Russia, which is becoming more visible in global waters.
Venezuela: Oil and petroleum product flows have 'frozen' β The implications for global trade
Venezuela's oil exports are severely affected by a gray legal framework, sanctions, and operational chaos, leading to changes in maritime routes and shipping processes.
Three countries hold the helm of global shipping
Greece, China, and Japan control over 40% of the world's shipping capacity, significantly impacting global trade.