BRIEF REPORT AND PREDICTIONS FOR NEXT WΕΕK FOR HANDY AND SUPRAMAX SIZES 26TH APRIL 2024

HANDYSIZE

• USG / USEC – The market was stable without any significant changes in supply and demand.

Larger sizes dropped the BDI

Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market fell last week, with Capes weighing on the overall Index, posting double-digit weekly declines, and Kamsarmaxes in the red, if only marginally.

EU Net-Zero Industry Act: European shipowners welcome 40% production benchmark for clean shipping fuels in Europe

The last plenary of the European Parliament in Strasbourg for this five-year term adopted yesterday the new law, which aims to scale up industrial capacity for green technologies in Europe.

ICS Publications releases fifth edition of ‘Shipping and the Environment: A Guide to Environmental Compliance’

International Chamber of Shipping (ICS) Publications announces the launch of the fifth edition of ‘Shipping and the Environment: A Guide to Environmental Compliance’. This latest edition offers comprehensive updates and expanded insights into the intricate relationship between shipping operations and environmental protection.

Celestyal launches new ‘National Geographic Day Tours’

Celestyal has launched a series of seven ‘National Geographic Day Tours’, available across Greece and Croatia. The one- and half-day tours offer travellers the opportunity to explore the world through uniquely authentic National Geographic experiences.

News of an Israeli strike on Iranian territory

News of an Israeli strike on Iranian territory, potentially escalating tensions in the Middle East, sent shockwaves through global markets.