The dry bulk market has exhibited a mixed performance since the beginning of the year

The dry bulk market has exhibited a mixed performance since the beginning of the year, with different segments experiencing varying trends.

Positive signs from the dry cargo market

Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market showed signs of recovery with improvements taking place across all sizes.

Brief report and predictions for next week for handy and supramax sizes 20TH September 2024

HANDYSIZE

• USG/USEC: The market faced pressure from oversupply as many vessels moved to the area in anticipation of the grain season. Additionally, charterers preferred to wait, further pressing the numbers. Expect more activity moving towards October.

Cruise Lines International Association (CLIA) Statement regarding Specific Tourism Management Measures in Greece

We appreciate the Government’s desire to ensure a balanced and sustainable tourism in Greece. We welcome the Minister’s comments on the importance of port infrastructure to improve tourism flows, and the wish to promote new destinations, which align with CLIA’s Action Plan for Greece, adopted last year. We also recognize the Government’s desire to increase home porting, given the substantial economic impact it brings.

At the same time, we encourage the Government to consider the potential economic impact of the new passenger fee on cruise tourism and reinforce our call for meaningful consultation with cruise operators, impacted municipalities, ports and tourism stakeholders.

In 2025, the new berth management systems will be in place in Santorini and Mykonos. We therefore urge the Government to apply the new fee from 2026 onwards allowing the impact of these systems to be taken into consideration.

We will continue working closely with the Government on sustainable tourism initiatives that benefit visitors and residents alike.

Heraklion to Host 8th Posidonia Sea Tourism Forum in May 2025

The city of Heraklion will host the 8th Posidonia Sea Tourism Forum next May, as the organizers of the East Med’s most important cruise conference, with the support of the Region of Crete and the Heraklion Port Authority and in collaboration with local authorities, prepare to bring this CONFEX event to the country’s largest island for the first time.

Celestyal unveils new ‘Iconic Arabia’ shore excursion programme

Celestyal has released details of the shore excursion programme for its new-for-2025 ‘Iconic Arabia’ itineraries.