Κυρ02162025

Last updateΣαβ, 15 Φεβ 2025 3pm

News in English

The dry bulk cargo market entered the year of the Wood Snake

0bulk carrierIakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios –Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market continued to decline with losses in both Capes and smaller sizes. A notable exception was the Kamsarmaxes, which after a period of recession showed a marginal increase.

Weekly Market Report & Predictions: Handy and Ultramax Sectors 31st January 2025

bulk ships 000Iakovos (Jack) Archontakis
TMC Commercial Director 
 
 
Shipping Market Insights: A Comprehensive Overview of Current Trends

Competitiveness Compass: European Shipowners welcome focus on industry competitiveness and open trade

ECSA logo 1European Shipowners welcome the focus of European Commission’s new Competitiveness Compass on competitiveness and open trade as a prerequisite to the continent’s security, resilience and growth.

The dry bulk market has witnessed a sharp decline in freight rates

0bulker loading coalThe dry bulk market has witnessed a sharp decline in freight rates across various vessel segments in the lead-up to the Year of the Snake, coinciding with the traditional Chinese New Year shutdowns across businesses and industries.

Celestyal to feature in Channel 5 hit show ‘Susan Calman's Cruise of a Lifetime’

0CHANNEL 5 Image 2 SmallCelestyal will star in an hour-long episode of the latest series of ‘Susan Calman's Cruise of a Lifetime’. The episode airs at 8pm, February 7 on Channel 5.

Weekly Market Report & Predictions: Handy and Ultramax Sectors 24th January 2025

 
0bulker loading coalIakovos (Jack) Archontakis
TMC Commercial Director 
 
Handysize Market Highlights
US Gulf / US East Coast (USG/USEC): The Handysize market saw a surge in activity early in the week, but by week’s end, most cargoes were covered, leaving many vessels idle.

BDI in free fall

0bulk carrierIakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market experienced heavy losses last week with most sizes showing double-digit decreases while Handies also reached -10%.

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