Oil prices are trading near a two-month high

Oil prices are trading near a two-month high, at levels not seen since April 2024, as refineries ramp up for the summer driving season and traders worry about renewed tensions in the Middle East.

Brief report and predictions for next week for handy and supramax sizes 5TH July 2024

HANDYSIZE
• USG/USEC: The market was active during the first half of the week; however, Independence Day led to a slowdown.

Overthinking when analysis leads to paralysis

Analysis paralysis is a term that encapsulates the overwhelming sensation of being immobilized by excessive contemplation when faced with a decision.

The dry cargo market proceeded with marginal losses

Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios-Evangelos –Ευάγγελος Καρλής
Maritime Executive and Consultant

The dry bulk cargo market show slight losses compared to the previous week, with all sizes recording single-digit declines.

Collaboration on sustainable cruise tourism discussed with local authorities during CLIA visit in Santorini

The Cruise Lines International Association (CLIA), the leading voice of the global cruise community, representing 95% of the industry, reinforced the importance of dialogue as part of its commitment to responsible tourism, during a CLIA visit to Santorini, on Thursday, July 4th.

Climate and ocean literacy in nautical high schools

130 Greek Nautical High School students participated in a series of seminars and workshops on ocean and climate awareness and the blue economy as part of the “Nauticinblu” Project, enhancing their understanding of the complex relationship between economic growth, biodiversity impacts, and the needed transition to more sustainable operations.