Closed roundtable event Navigator – the shipping decision makers forum

The first closed roundtable discussion held by NAVIGATOR SHIPPING CONSULTANTS in the framework of the 22nd NAVIGATOR 2023 - THE SHIPPING DECISION MAKERS FORUM, was successfully completed on Tuesday 21st of March 2023, at Grand Hyatt Athens, under the theme #BeTheChange. A total of two hundred (200) distinguished executives from across the entire spectrum of the shipping arena took part in the closed roundtable event, where they met and discussed key issues that concern and affect both the industry and our society.

Fall for the large sizes, the smaller ones stayed put

Iakovos (Jack) Archontakis
Commercial Manager TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market continued with small losses, with a drop recorded in the largest sizes, while the smaller sizes moved in the green, albeit marginally.

Three American banking institutions asked for state aid

Three American banking institutions asked for state aid in previous week, causing a knock on effect to the Swiss banking system, maybe the most reliable and famous banking system in the world. The Swiss National Bank was also forced to give an emergency lifeline of USD 54 billion to Credit Suisse, one of the biggest banks in Switzerland and the 17th largest European bank.

Upward trend in the dry bulk cargo market

Iakovos (Jack) Archontakis
Commercial Manager TMC MARITIME CO.

Dr. Fotios –Evangelos Karlis
Maritime Executive and Consultant

The positive course of the dry bulk cargo market continued with an increase recorded in all sizes.

Net-Zero Industry Act must recognise strategic role of shipping for Europe’s security

European shipowners today welcome the EU’s proposed Net-Zero Industry Act. The Act can be step-change in efforts to enhance Europe’s security and to support the energy transition of European industry.

PPA S.A.: Financial results for the Full Year 2022 A new historic record high in revenue and profitability At €1.04 the proposed dividend per share

PPA S.A. announces the Full Year 2022 financial results, marking a consecutive year of growth with a turnover of €194.6 million compared to €154.2 million in 2021, indicating an increase of €40.4 million or 26.2%.