Brief report and predictions for next week for handy and supramax sizes 5TH July 2024

HANDYSIZE
• USG/USEC: The market was active during the first half of the week; however, Independence Day led to a slowdown.

Overthinking when analysis leads to paralysis

Analysis paralysis is a term that encapsulates the overwhelming sensation of being immobilized by excessive contemplation when faced with a decision.

The dry cargo market proceeded with marginal losses

Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios-Evangelos –Ευάγγελος Καρλής
Maritime Executive and Consultant

The dry bulk cargo market show slight losses compared to the previous week, with all sizes recording single-digit declines.

Collaboration on sustainable cruise tourism discussed with local authorities during CLIA visit in Santorini

The Cruise Lines International Association (CLIA), the leading voice of the global cruise community, representing 95% of the industry, reinforced the importance of dialogue as part of its commitment to responsible tourism, during a CLIA visit to Santorini, on Thursday, July 4th.

Climate and ocean literacy in nautical high schools

130 Greek Nautical High School students participated in a series of seminars and workshops on ocean and climate awareness and the blue economy as part of the “Nauticinblu” Project, enhancing their understanding of the complex relationship between economic growth, biodiversity impacts, and the needed transition to more sustainable operations.

PPA S.A.: Annual General Meeting of Shareholders concludes- Approval of the highest in its history dividend distribution of 1.34 euros (gross) per share Piraeus Port Authority S.A. announces that its Annual General Meeting of shareholders was successfull

Piraeus Port Authority S.A. announces that its Annual General Meeting of shareholders was successfully held today via teleconference, following the prescribed procedures and achieving a quorum of 81.28%.