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The dry bulk cargo market continues to decline

Bulk carrier 1Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market lost ground last week with Capes recording a double-digit weekly decline and single-digit losses for smaller sizes.

Brief report and predictions for next week for handy and supramax sizes 13th December 2024

bulk ships 000Iakovos (Jack) Archontakis
TMC Commercial Director 
 
Handysize Market Overview
•  US Gulf/US East Coast (USG/USEC): The market is under pressure due to an oversupply of vessels and a lack of cargo flow, leading to declining rates. Although more cargoes are expected next week, the large number of available ships will likely continue to push rates downward.

Tackling a growing cybersecurity threat in an increasingly connected industry

0Cyber Security on the bridgeAs shipping continues to embrace digitalization, the threat of cyber-attacks has never been higher. Stakeholders across the maritime industry are making moves to protect their assets, but DNV experts warn that many are underestimating the scale of the threat and should take extra steps to protect their assets.

Celestyal boosts agent support with new trade portal

0Celestyal New Trade Portal Image 1Celestyal is introducing a new trade portal to support travel agents over the upcoming wave period.

Celestyal launches a new ‘Live Your Vacation Dream’ campaign

0Campaign Image 1Celestyal has today launched a new campaign called ‘Live Your Vacation Dream’, available on new bookings made until February 28, 2025.

Lloyd’s List Greek Shipping Awards 2024

0Event Sponsor SmallSOME of the most prestigious and successful names in Greek shipping walked off with major awards at the 21st Lloyd’s List Greek Shipping Awards on the evening of Friday, December 6 – coincidentally St Nicholas’ Day, commemorating the patron saint of seafaring.

Celestyal hails ‘magical’ debut in Dubai

0Celestyal Journey Dubai SmallCelestyal has marked its maiden call in Dubai with a dhow escort, a plaque exchange ceremony and a star-studded party.

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