Despite widespread discussions of green energy and zero emissions, coal remains a major economic force

Despite widespread discussions of green energy and zero emissions, coal remains a major economic force in the coming years.

Celestyal and the Cyprus Maritime Academy announced the signing of a Memorandum of Understanding for full scholarships for apprentices

Celestyal and the Cyprus Maritime Academy have announced the signing of a Memorandum of Understanding, concerning their collaboration in the field of maritime education. Under the agreement, Celestyal will offer full scholarships to aspiring cadets of the Cyprus Maritime Academy, thus confirming the company's commitment to train young talent from Cyprus and the wider region on board its ships.

Asia is back in full force

Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market showed a new rise that reached 20%, compared to the previous week, with the main driver being the return of Asia to the action.

PPA S.A.: Successful completion of the European project CIPORT in Brussels

The concluding event for the European project "CIPORT-Cold Ironing in the Port of Piraeus – Taking the final step" took place at the Berlaymont, the headquarters of the European Commission, following its completion in late February 2024.

Danelec and Franman Strengthen their Partnership Further to Accelerate Maritime Digitalization

Franman has announced the extension of its partnership with the leading Danish technology provider, Danelec, by promoting Danelec's digital services in Greece, as stated in the agreement signed on February 2nd, 2024.

Since late 2020, NB prices have performed a stable upward trend

Following the previous week’s analysis on dry bulk values, we now focus on analysing the tanker price evolution over the past years. Since late 2020, NB prices have performed a stable upward trend, with VLCC, Suezmax, Aframax/LR2 and Panamax/LR1 having increased by around 50% each, while MR2s are about 39% up during that period.