Ship management

“We live in an era of parallel, multi-layered, complex, and global challenges and crises.

The iron ore market is operating in a complex landscape, with important factors prevailing, such as weakening Chinese demand growth and changing supply dynamics affecting prices.

According to an analysis by shipbroking firm Xclusiv Shipbrokers, through the first half of 2024, Greeks have placed a total of 121 orders for tankers, gas carriers, freighters and container ships.

In detail:

– 65 orders in 2024 so far (Suezmax sector is their main preference with 18 orders)

The curtain for the 28th edition of the Posidonia shipping fair went down on Friday evening, with more visitors and exhibitors than ever and a flurry of business deals sealed at the Athens Metropolitan Expo, according to organizers.

A missile strike damaged a merchant ship in the Red Sea off Yemen, marine security monitors said Friday, as the country's Iran-backed Huthi rebels threatened to expand their months-long harassment campaign which has disrupted global trade.

Shots were fired at a tanker in the Gulf on Wednesday in an interaction with an unspecified country's security forces, a British maritime body said, the latest incident in a series of seizures or attacks on commercial ships in the Gulf since 2019.

A significant number of startups from around the world, specializing in technological solutions for the shipping industry, will present their products and platforms during the Poseidonia 2022 Exhibition to be held at the Athens Metropolitan Expo from 6 until June 10.

Diana Shipping Inc, the NYSE-listed shipping company of the Palios family, secured a fare four times higher than the previous one.

The ship's charter, which is expected to generate approximately US $ 5.04 million gross revenue for the minimum scheduled timeframe period, is indicative of the recent significant increase in the bulk cargo freight market.

The "bluebook" is the natural continuation of a lengthy collaboration  between a developer -George Papakitsou- and a former analyst and current product owner -Thanasis Pagonis-. George has many years of experience in web technologies, and Thanasis has gone through a variety of technical and management roles in audiovisual production, market analysis, telecommunications and shipping.

Greek shipowners invested a total of more than $9 billion in new and secondhand vessels in the last 12 months.