Brief report and predictions for next week for handy and supramax sizes 6TH September 2024

HANDYSIZE

• USG/USEC: The market remained on a negative trajectory due to a lack of fresh demand from the East and North Coast. Furthermore, the USG moved slowly with few grain cargoes. A push in demand is needed to see any development next week.

Cruise industry annual environmental technologies and practices data shows continued progress toward environmental sustainability goals

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, today released its annual Global Cruise Industry Environmental Technologies and Practices Report, showing continued progress by the sector in advancing its environmental and sustainability agenda, including investments in ships and technologies for the uptake of transitional and alternative fuels.

FBX Index August 2024: Awaiting the ILA union

Market developments in August played out largely as expected. In general, rate levels continued to abate following a peak in July, although with a minor short-lived rebound on the transpacific trade, for example.

LIBYA'S PATH TO STABILITY: NAVIGATING POLITICAL AND ECONOMIC TURMOIL

Iakovos ( jack ) Archontakis
Commercial Director TMC SHIPPING

The current situation in Libya remains complex and challenging. Recently, tensions have escalated, undermining confidence in the country's economic and financial stability.

The Chinese shipbuilding industry is experiencing

The Chinese shipbuilding industry is experiencing a significant expansion, driven by strong newbuilding demand and the need to meet growing global shipping needs.

Celestyal launches new ‘Heavenly Autumn Sailings’ campaign

- Celestyal has launched an Autumn savings campaign, available on new bookings made until October 31, 2024.