CHRONOS SHIPPING CO. LTD.

CHRONOS SHIPPING CO. LTD. is a company that operates within the maritime shipping industry. Founded in 2001, the company is headquartered in Athens, Greece. It specializes in the ownership, operation, and management of bulk carriers. These vessels are primarily used for transporting large quantities of bulk commodities such as coal, grain, ore, and other raw materials, which are essential to global trade and industry.

The company prides itself on maintaining a modern and efficient fleet, ensuring that its ships adhere to the latest safety and environmental regulations. By doing so, CHRONOS SHIPPING CO. LTD. aims to provide reliable and timely shipping services to its clients, while also minimizing its environmental footprint.

In addition to its operational capabilities, CHRONOS SHIPPING CO. LTD. places a strong emphasis on corporate governance and transparency. The company ensures compliance with international maritime standards and works closely with various regulatory bodies to maintain high standards of operation.

The company also focuses on sustainability and innovation, often investing in new technologies to enhance the efficiency and safety of its fleet. This commitment to innovation not only helps in reducing operational costs but also contributes to the long-term sustainability of the maritime industry.

Overall, CHRONOS SHIPPING CO. LTD. has established itself as a reputable and reliable player in the global shipping market, known for its commitment to quality, safety, and environmental stewardship.

Ships

ASPHALT EAGLE

Oil Carrier | Flag: Hellenic Republic | Port: PIRAEUS

ASPHALT STAR

Oil Carrier | Flag: Hellenic Republic | Port: PIRAEUS

Maritime News

Chevron Emerges as Winner in ExxonMobil Dispute Over Guyana Oil Field

20 hours ago

Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.Shares of Chevron were up 3.6% in premarket trading, with Hess gaining nearly 7.4%. Exxon shares were up 0.3%.CNBC first reported the arbitration outcome. An Exxon Mobil spokesperson confirmed to Reuters that Chevron prevailed in the mediation over Guyana oil assets.Chevron and Hess did not immediately respond to Reuters request for comment.

Germany’s Maritime Sector: Steady Growth Amid Global Headwinds

21 hours ago

Order intake, exports, and green technology demand fuel confidence for 2025Germany’s maritime equipment and offshore supply industry is posting steady growth in 2024 and setting an optimistic course for 2025, according to new figures released by the VDMA Marine Equipment and Systems Association.With an average turnover increase of 5.5% in 2024, German maritime suppliers are proving resilient in the face of global supply chain volatility, geopolitical tensions, and a fiercely competitive international market.

China Shipbuilding Market Share Drops 20% Amid USTR Port Fees Concerns

2 days ago

Chinese shipyards’ market share has dropped from 72% to 52% in the first half of 2025 amid growing concerns over the impact of US Trade Representative (USTR) port fees on Chinese ships, according to the latest report from BIMCO, the world’s largest shipping association.USTR port fees, set to take effect in October 2025, will impact both Chinese owners and operators, as well as ships built in China, BIMCO said.Smaller Chinese-built ships will be exempted from fees, depending on sector-specific criteria, along with exemptions for short haul voyages.Global newbuilding contracting in terms of Compensated Gross Tonnage (CGT) dropped 54% y/y during the first half of 2025.

U.S. Shipbuilding, Maritime Dominance Requires a New Ecosystem

2 days ago

With all the Legislative fanfare, Executive Orders, Committee meetings, lobbying efforts and media announcements concerning American Shipbuilding, Naval Warfare and Maritime Dominance, it is no surprise that the result of the uproar is shear confusion within the maritime industrial base (MIB). The April 9, 2025 Executive Order Restoring America’s Maritime Dominance lists more than several reports to the President due within 90 days. Following those initial updates other reports are due at 180 and 210 days. The industry as a whole has not seen references to any of the reports being completed.

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

3 days ago

Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard. Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest deepwater oil field globally, with a production capacity of 180,000 barrels of oil per day (bopd), 7.2 million cubic metres (mcbm) of gas per day, and a storage capacity of 2 million barrels of oil.The P-78 will rank among the largest in the global operating fleet of FPSOs.