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Since late 2020, NB prices have performed a stable upward trend

Following the previous week’s analysis on dry bulk values, we now focus on analysing the tanker price evolution over the past years. Since late 2020, NB prices have performed a stable upward trend, with VLCC, Suezmax, Aframax/LR2 and Panamax/LR1 having increased by around 50% each, while MR2s are about 39% up during that period.

PPA S.A.: Signing a Memorandum of Understanding (MoU) with the Port of Guangzhou in China

In a special ceremony hosted at its premises, PPA S.A. entered a partnership with the Port of Guangzhou in China, ranking among the top 10 largest commercial ports globally. The MoU was signed by the Deputy CEO of PPA S.A. Mr. Panagiotis Tsonis and the Deputy General Manager at Guangzhou Port Group Mr. Song Xiaoming.

Celestyal to offer cruises for €29 per night in one-day only offer

Celestyal is offering cruises for just €29* per person, per night, as part of a one-day leap-year, exclusive offer.

Capes pushed the dry bulk cargo market

Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market continued to be positive thanks to the rise of Capes, while Supramaxes and Handies also saw double-digit percentage weekly growth.

Global cruise leaders to meet in Genoa on occasion of Cruise Week Europe

Cruise Lines International Association (CLIA), the leading voice for the global cruise industry, announces a strong line up of Government Ministers, cruise line global CEOs, and international institution representatives confirmed to attend Cruise Week Europe in Genoa, 11-14 March.