Top officials to meet in Hong Kong for high-level summit on global trade and rising protectionism

Amid rising trade tensions and increasing protectionist measures leaders of the maritime sector will gather forThe Hong Kong Global Maritime Trade Summit which will take in a month’s time on 18 November 2024.

Revolutionizing shipping: how crypto, blockchain, and tokenization are changing the game

Iakovos ( jack ) Archontakis

Commercial Director

TMC SHIPPING

In recent years, cryptocurrencies, blockchain technology, and tokenization have transformed various sectors like finance, real estate, and art.

The Chinese economy expanded by 4.6% year-over-year in the third quarter of 2024

The Chinese economy expanded by 4.6% year-over-year in the third quarter of 2024, slightly below forecasts but still representing a solid growth rate.

Capes and Panamaxes led to a new drop the Dry Index

Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios –Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market continued the negative trend of the previous weeks with the larger sizes dropping the general index, while the smaller sizes showed greater stability. In detail, Capes fell by 19.71%, Kamsarmaxes -10.47%, Ultramaxes(63) -1.48% and Handies +1.21%, compared to the previous week.

Investing in future ammonia markets

The ordering of more than 50 very large ammonia carriers (VLACs) over the past 12 months has caught the attention of the maritime industry. Whilst these orders suggest a market surge in the direction of ammonia, a deeper analysis shows that most will be initially deployed as LPG carriers. Martin Cartwright, Global Business Director Gas Carriers & FSRUs at DNV, explains why.

Moore Maritime Index

Moore Maritime Index (MMI), a database that contains operating costs and revenues from more than 1,500 vessels, has been updated and is available with the 2023 data.