The Red Sea Crisis of 2023-2024: Five months of Attacks

Iakovos ( Jack ) Archontakis
Commercial Director TMC SHIPPING .

John Pikramenos
Chartering Dept TMC SHIPPING

The Dry Bulk Shipping market has been disrupted significantly from the Houthis’ unprovoked attacks against commercial ships passing the Red Sea, with trade passing Suez shrinking by 50% within the first two months of 2024 y-o-y.

PPA S.A.: Financial Results Announcement for Fiscal Year 2023 New highs in revenues and profits - Increase in dividend by 29%

The Piraeus Port Authority S.A. announced its financial results for the fiscal year 2023. Total revenues reached €219.8 million, up by 12.9% or €25.2 million (€194.6 million in the 2022 fiscal year).

HELMEPA strengthens bonds with US Coast Guard and Maritime Leaders in Washington DC

The largest ever HELMEPA Members Delegation traveled to the US and engaged in a series of productive meetings with the leadership of the United States Coast Guard, NAMEPA, and other stakeholders in Washington DC to advance pollution prevention, safety at sea, and sustainable development in the era of maritime decarbonization.

CRUISE DIVISION OF MSC GROUP FURTHER STRENGTHENS GREECE OFFERING

The Cruise Division of the MSC Group, made up of MSC Cruises and Explora Journeys, today revealed details on its Greek cruise season 2024.

During the first 3-months of 2024, dry bulk S&P activity was brisk

During the first 3-months of 2024, dry bulk S&P activity was brisk, with over 220 vessels changing hands.

Big sizes dropped BDI

Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market fell last week with large sizes weighing on the general index.