Statement from the International Chamber of Shipping at the International Maritime Organization Extraordinary Council Meeting (C/ES 36)

ICS Secretary General, Thomas A. Kazakos, issued a statement at the International Maritime Organization 36th Extraordinary Council Meeting (C/ES 36), taking place today to address the impacts on shipping and seafarers of the situation in the Arabian Sea, the Sea of Oman and the Gulf region, particularly in and around the Strait of Hormuz.

Cancellation of 27 and 30 March 2026 - Celestyal Discovery

As the conflict in the Middle East continues, and in close coordination with the relevant authorities, we have had to delay the repositioning of Celestyal Discovery ahead of the start of her Mediterranean programme.

The conflict in the Arabian Gulf has rapidly evolved from a geopolitical shock into a structural disruption for global energy logistics

The conflict in the Arabian Gulf has rapidly evolved from a geopolitical shock into a structural disruption for global energy logistics, forcing the oil market and the tanker industry to adjust in real time.

PPA S.A.: Visit of a Delegation from the Embassy of Japan to the Port of Piraeus

The CEO of PPA S.A., Mr. Su Xudong, welcomed at the company’s headquarters, a delegation from the Embassy of Japan in Greece, led by Mr. Shu Tamaura, Director of the Second Europe Division, European Affairs Bureau, Ministry of Foreign Affairs of Japan.

Shifting Currents: Ultramax and Handysize Markets Grapple with Volatility Across Atlantic & Pacific Trades

By Iakovos (Jack) Archontakis
Senior Maritime Strategy Consultant – Chartering Executive

&

TMC Shipping Commercial Director

South Atlantic: Mixed Signals Under Bunker Pressure

Ultramax activity slowed as bunker price volatility and geopolitical tensions weighed on confidence.

Capes Rally Keeps Dry Bulk Market Afloat as BDI Edges Higher

By Iakovos (Jack) Archontakis

Senior Maritime Strategy Consultant - Chartering Executive & TMC Shipping  Commercial Director

and
Dr. Fotios-Evangelos Karlis
Maritime Executive & Shipping Consultant

The dry bulk market moved broadly sideways last week, as the strong performance of the Capesize segment offset corrections in the smaller vessel sizes.