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.

Big drop in Capes, marginal losses for smaller sizes

Iakovos (Jack) Archontakis
Commercial Manager TMC MARITIME CO.

Fotios-Evangelos Karlis
Chartering Department TMC MARITIME CO.

The trend of the general dry bulk cargo index continued with a new decline, with the biggest drop occurring in the Capes, while in the other sizes the losses were marginal.

CELESTYAL names new global Chief Commercial Officer

Celestyal, the award-winning, number one choice for travelers to the Greek Islands and the Eastern Mediterranean, has announced the appointment of Lee Haslett to take on the role of global chief commercial officer (CCO) as of February 20, 2023.

The beginning of 2023 has seen the wet market wobble

The beginning of 2023 has seen the wet market wobble as the BCTI has lost around 66% within the 20 first days of January and BDTI has also fallen about 25% in the same period. Lots of voices of concern are rising about the wet market, and the tanker S&P market, but panic is not the best consultant in economy and in life in general.

ICS: Diversity and Inclusion Toolkit for Shipping

The International Chamber of Shipping (ICS) has published its first publication on diversity and inclusion (D&I) in the maritime industry to aid businesses and organisations with best practice and guidance.

Inflation is still here

As we entered 2023, inflation is still here. Some countries still struggle to tame the “inflationary beast” like Sweden and Argentina, but the bigger picture is that the interest rate rise from the central banks is working as intended.