Last week a tragic event overshadowed the news

Last week a tragic event overshadowed the news. Seismic activity in south east Turkey & Syria led to a biblical catastrophe with tens of thousands of dead, hundreds of thousands missing, thousands of homeless people, destroyed infrastructures & shattered economy.

Losses for Panamaxes and Supramaxes

Iakovos (Jack) Archontakis
Commercial Manager TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The increase in capes restrained the decline in the BDI.

As the first week of February passed

As the first week of February passed, central banks made another interest rate rise in order to restrict inflationary pressures.

Capes and Panamaxes dropped BDI

Iakovos (Jack) Archontakis
Commercial Manager TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The BDI continued to decline, with larger figures dragging the BDI lower.

Luxury cruise market holds much promise for Greek and east med hidden gem destinations

The appeal of Greece and the East Mediterranean as an ideal region for luxury cruising will be one of the main highlights of the 7th Posidonia Sea Tourism Forum (PSTF), scheduled to take place in Thessaloniki on the 25th and 26th of April, 2023.

As the Lunar New Year was celebrated in China

As the Lunar New Year was celebrated in China, the dry bulk and tanker markets continued moving south.