Attica Group in cooperation with Inmarsat and Thetius announce the winner of the «Inmarsat Ferry Open Innovation Challenge: Crew training and entertainment»

Attica Group in cooperation with Inmarsat - world leader in global satellite communications - and Thetius - digital consultant - have announced the e-learning technology and service provider Marine Learning Systems (MLS) as the winner of the inaugural «Inmarsat Ferry Open Innovation Challenge: Crew training and entertainment».

Borderline drop of BDI because of Capes

Iakovos (Jack) Archontakis
Commercial Manager TMC MARITIME CO.

Fotios-Evangelos Karlis
Chartering Department TMC MARITIME CO.

The dry bulk cargo market noted a borderline drop. Capes retreated while smaller sizes presented improvements.

The Russian invasion of Ukraine has put an end to globalisation

Russia’s invasion of Ukraine may eventually reshape the world economy and further drive-up inflation by prompting companies to pull back from their global supply chains. As BlackRock executives note, “The Russian invasion of Ukraine has put an end to globalisation as we have experienced it over the past three decades”.

PPA S.A.: Announcement regarding the Supreme Court Decisions

Following the Greek Supreme Court recent decision about Greece Port Planning and Development Committee’s former Port of Piraeus’ Master Plan approvals, which affect the Cruise Terminal Expansion Project by temporary pausing the construction operations, PPA SA would like to inform on the following:

Market drop, Handies stood out

Iakovos (jack) Archontakis.
Commercial Manager TMC MARITIME CO.

Fotios-Evangelos Karlis.
Chartering Department TMC MARITIME CO.

Dry bulk cargo market is dropping. Asia and East Coast of America (ECSA) kept freights high regarding small sizes and Mediterranean provided premium while trying to attract the few vessels.

Still no light at the end of the tunnel

Almost a month after the invasion of Ukraine there is still no light at the end of the tunnel. Ukraine has rejected the Russian deadline to surrender control of Mariupol as talks between Russia and Ukraine continue for an agreement that will announce a ceasefire and the withdrawal of Russian troops from Ukraine.