Pressure on the dry bulk cargo market continues

BDI, Iakovos (Jack) Archontakis
Commercial Manager TMC MARITIME CO.

Fotios-Evangelos Karlis
Chartering Department TMC MARITIME CO.

The dry bulk cargo market continued dropping, with the most significant fall the one of Capes and the rest sizes are following.

Oil prices eased for a second consecutive week

Oil prices eased for a second consecutive week with WTI standing at around USD 97/ barrel & brent at USD 101/ barrel. Following the US’ decision to release 1 million barrel/ day oil for the next 6 months, but also IEA’s announcement to release 60 million barrels, S. Korea & Japan decided to release oil from their reserves with the aim of taming rising oil prices and slowing inflation.

ATTICA GROUP SUPPORTS THE FIRE BRIGADE ΙΝ EXTINGUISHING THE FIRE IN SAMOS

Attica Group and Blue Star Ferries, support the island communities they serve and offer solutions to their problems.

P.P.A. S.A.: Strong Presence at Delphi Economic Forum 2022

PPA honored with a strong presence the 2022 Delphi Economic Forum, the flagship event gathering top leaders from across sectors in an effort to spark dialogue, inspire change, and transform conversation into action.

MSC LIRICA SETS SAIL FROM PIRAEUS FOR SUMMER 2022

MSC Cruises today held a special celebratory event on board MSC Lirica in the port of Piraeus for nearly 150 members of the Greek travel industry to herald the start of the ship’s summer 2022 sailing season.

War in Ukraine, another challenge for the shipping industry

Iakovos Jack Archontakis
Commercial Manager TMC MARITIME CO.

The war in Ukraine continues with the fighting lasting more than a month. Actions are already being taken, either through sanctions or through discussions, to end this war. But how does this war affect shipping and what will be the next day?