Panamaxes raised the dry bulk cargo market

Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market closed with a positive sign even on the thread, compared to the previous week, with Panamaxes keeping the general index in the green and the rest of the sizes showing single-digit changes.

Carbon Intensity Indicator (CII) – Policy Statement

The following maritime associations (BIMCO, CLIA, INTERCARGO, INTERMANAGER, ICS, and INTERTANKO),

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.