The annual inflation rate in the US slowed for a fourth month

The annual inflation rate in the US slowed for a fourth month in a row to 7.7% in October, down from 8.2% of previous month and 15% lower from June’s 9.1% high. This figure is also the lowest since January and below the forecasts of 8%.

Attica Holdings S.A. 3rd quarter 2022 key financial figures

Attica Holdings S.A. (the “Company”), following a letter received from the Hellenic Capital Market Commission with Protocol Number 2707/ 9.11.2022 addressed to all issuers with securities listed on the regulated market of the Athens Exchange, announces its key financial figures for the 3rd quarter of the fiscal year 2022, and developments concerning its activity:

Capes raised BDI

Iakovos (Jack) Archontakis
Commercial Manager TMC MARITIME CO.

Fotios-Evangelos Karlis
Chartering Department TMC MARITIME CO.

A rise was seen in the drybulk cargo market last week, with Capes showing a big increase while the other sizes fell.

RED III: EU shipowners call for fuel supply requirements to align with FuelEU

As the trilogue negotiations on the revision of the Renewable Energy Directive (RED III) are progressing, ECSA calls on the Parliament and the Council to ensure that the requirements on fuel suppliers in RED III match the requirements placed on shipowners by FuelEU Maritime. This is crucial to ensure that sufficient quantities of alternative marine fuels are made available on the market at an affordable price.
In particular, European shipowners support:
The inclusion of a sub-target for biofuels, biogas and RFNBOs for the maritime sector for fuel suppliers to produce the types of fuels in the volumes needed to decarbonise the shipping sector.
The existing multiplier of 1.2 for specific fuels supplied to the maritime sector, as already included in RED II.

PPA S.A.: Marine Pollution Drill as part of PPA’s Sea Contingency Plan successfully completed at the Central Passenger Terminal

PPA S.A. as part of its Sea Contingency Plan carried out a Drill at the Central Passenger Port, near Gate E1, with the active participation of vessel “ARIADNI” of Attica Group.

Spotlight on energy efficiency and EU regulations at LR's Hellenic Advisory Committee (HAC) meeting

Leading Greek shipping executives gathered at the unique FONDAZIONE Spyros Loverdos Library for the annual meeting of the Lloyd's Register (LR) Hellenic Advisory Committee have called for further collaboration among supply chain stakeholders