PPA S.A.: Release of the 2023 Sustainability Report

Piraeus Port Authority S.A., adhering to systematic rules, standards and initiatives for environmental, social and corporate governance, which are embedded in its strategy for the development and ongoing modernization of the Port of Piraeus, has published its 2023 Sustainability Report.

Capes Raised 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 its upward trend, thanks to Capes as smaller sizes came under pressure.

Enhancing the performance of ship management companies : strategies for better results

In the competitive maritime industry, operational cost reduction is pivotal for enhancing profitability and sustainability. Following thoughts explores strategies to reduce ship operating costs, which are a significant factor in freight / hire determination and business success.

Brief report and predictions for next wεεk for handy and supramax sizes 28TH JUNE 2024

HANDYSIZE

EXPLORA I arrives in Piraeus for her maiden call ahead of the Eastern Mediterranean season

Piraeus Port of Athens welcomed EXPLORA I for her maiden call marking the ship’s debut in the Eastern Mediterranean. The ship is the first of a fleet of six for the luxury ocean travel brand of the MSC Group.

Despite increasing prices, the orderbook for the four main vessel categories continues to grow

Despite increasing prices, the orderbook for the four main vessel categories (bulk carriers, tankers, containers & gas carriers above 10,000 DWT) continues to grow, mainly driven by the strong cashflows of owners and the need for fleet renewal.