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Last updateΔευ, 01 Ιουλ 2024 7am

News in English

Dry bulk cargo market calm ahead of Chinese New Year

bulk ships 000Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market lost ground with losses recorded in all sizes, but with the biggest losses in Panamaxes and smaller losses in other sizes compared to the previous week.

Fleet utilisation and routing hold key for shipowners' emissions accounting compliance

rupoi ploion6Deploying their most efficient vessels on specific routes, alongside informed fuel and technology strategies are the key for ensuring the shipowners comply with the Fuel EU and EU ETS regulations, according to a new Lloyd's Register report.

2024's early signs suggest a very promising start for the tanker market

0Tanker deck2024's early signs suggest a very promising start for the tanker market, particularly in the product sector. Contrary to the previous 6 years' trends, which indicated a downward trajectory for product markets during the first months of the year, 2024 has bucked the trend.

The dry bulk cargo market remained in the green

bulk ships 000Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market saw marginal improvements for another week, thanks to Panamaxes and smaller sizes, while Capes fell slightly, compared to the previous week.

Jason Liberty, President and CEO of Royal Caribbean Group, Named Chairman of Cruise Lines International Association

0jason libertyCruise Lines International Association (CLIA), the leading authority of the global cruise industry, announced that Royal Caribbean Group President and CEO Jason Liberty has been appointed Chairman by its Board of Directors.

CELESTYAL to double marketing team as part of brand evolution

0CELESTIAL48aCelestyal has announced plans to double their brand, marketing, and communications team with a further six appointments.

OPEC projects global oil demand to increase by 2.25 million barrels per day

0Tanker deckIn its widely monitored monthly oil market report, the Organization of the Petroleum Exporting Countries (OPEC) projects global oil demand to increase by 2.25 million barrels per day (b/d) in 2024, followed by an additional 1.8 million b/d in 2025, driven by a strengthening Chinese economy.

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