Everyone is watching the “crazy” rally in the dry market

Everyone is watching the “crazy” rally in the dry market. On Friday 1st December 2023, Baltic Dry Index stood at 3,192 points, the highest point since 24th May 2022, having a more than double increase of 128% since the 1st of November.

CELESTYAL awarded «passenger line of the year»

Celestyal the award-winning, number one choice for cruise travelers to the Greek islands and beyond, has achieved another remarkable distinction.

Capes catapulted BDI into 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 recorded an impressive increase compared to the previous week thanks to Capes which almost doubled their indexes, while the rest of the figures showed a double-digit weekly increase.

CLIA presents cruise industry’s Action Plan for Greece to the Greek Government

Representatives of Cruise Lines International Association (CLIA), members of the Government, and key stakeholders discussed CLIA’s proposed Action Plan for Greece for the next five years, during a CLIA visit in Athens last week.

2023 Thanksgiving Dinner jointly hosted by the International Propeller Club, Port of Piraeus, and the American-Hellenic Chamber of Commerce

The Propeller Club, Port of Piraeus, and the American-Hellenic Chamber of Commerce successfully organized their joint Thanksgiving Dinner, on Monday, November 20th, 2023, at the Athenaeum Intercontinental Hotel.

Although the week started with a downward trend for the BDI...

Although the week started with a downward trend for the BDI, during the last 2 days of the week the dry bulk market made a significant rebound, with the BDI breaking the 2,000 points for one more time and closing the week at 2,102 points - showing an increase of 247 points in a day, indicating the largest daily rise in points since 18th June 2020.