Weekly Market Report & Predictions: Handy and Ultramax Sectors 23rd May 2025

Iakovos (Jack) Archontakis

TMC Commercial Director

Handysize & Ultramax Market Update: Navigating Divergent Currents Across Key Regions

As the dry bulk sector heads into the final week of May, activity in the Handysize and Ultramax markets remains nuanced across the major trading regions.

The dry bulk cargo market moved forward with minor corrections

Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios –Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market showed small corrections in all sizes. However, the largest sizes showed marginal losses while the smallest moved in the green, compared to the previous week.

MARCO MED FORUM: Advancing Smart Ports, Sustainable Shipping, and Artificial Intelligence in the Maritime Sector

Global Spatial Technology Solutions (GSTS), a globally recognized, leading provider of artificial intelligence solutions for the maritime industry, is excited to host the inaugural MARCO MED FORUM. The event will take place on Thursday, June 19, 2025, from 3:00 PM to 8:00 PM, at the Aikaterini Laskaridis Foundation in Piraeus, Greece.

“INTERCARGO meetings held in China with focus on safety and decarbonisation”

INTERCARGO, the International Association of Dry Cargo Shipowners, convened last week in Guangzhou for its semi-annual meetings, the first time the Association has held such an event in China.

PPA S.A.: Port of Piraeus: A pioneer in raising awareness and taking action for Climate Change

The tangible and immediate response of the Port of Piraeus to the major challenge of Climate Change was presented at a conference titled “The Port of Piraeus and Climate Change,” held yesterday at the PPA’s Stone Warehouse.

In a notable development for global trade...

In a notable development for global trade, the United States and China have agreed to temporarily ease a selection of tariffs and sanctions, marking a significant de-escalation in their ongoing trade tensions.