DryDel Shipping ‘s President & CEO, Mr. Costas Delaportas, took the stage at Geneva Dry 2025 Conference - one of the premier global dry bulk forums- to address agri-cultural commodities trends & challenges.
Held at the historic Hotel President Wilson and expertly organized, the event brought together top voices and key decision-makers from across the dry bulk sector.
Mr. Delaportas shared insights on the current market landscape and future outlook, including:
- ”In shipping, competition is in our DNA. We navigate it daily—fluctuating freight rates, regulations, or the race for quality assets & cargoes. Shipping is dynamic & that’s what drives us."
- "It’s high time for dry bulk fleet renewal — highly beneficial for the market & the environment. With the new tonnage, we benefit from a 25% increase in hire due to its lower fuel consumption compared to the older vessels."
- "We manage volatility through diversification, flexibility and modern fleet: diversified as shipowners & operators -fixing more than 5 million Mtonnes cargoes annually-, providing high flexibility to Charterers, and modern fleet for efficiency & competitiveness.”
- ”Congestion is building up in South America — supportive for the market."
- ”Now may be the time to seize opportunities in the softening second-hand market.”
DryDel currently owns 12 Japanese-built dry bulk vessels, operates an additional 30, and expects delivery of 11 newbuildings—including 2 Capesizes—from top-tier Japanese yards over the next three years.
Two former protected witnesses who provided damning testimony against political figures during the Novartis trial were on Monday found guilty of making false accusations and giving false testimony.
The new Road Traffic Code, voted into law in June 2025, went into full effect on Saturday, September 13, aiming to reduce road accidents and fatalities in Greece.
Prime Minister Kyriakos Mitsotakis expressed the EU's support for the Polish partners who defended the Union's eastern borders against an open violation of their airspace, after his meeting on Monday...
Who is Med Marine as it marks its 30th anniversary — and why is it turning to electrification?
METLEN has been added to the FTSE 100 stock market index, just a few weeks after being listed on the London Stock Exchange, the company’s Chairman and CEO Evangelos Mytilineos announced.
Government spokesman Pavlos Marinakis, in an interview with OPEN TV, stressed that "there has been no incident or fishing activity by Turkish vessels within national territorial waters."
The Money Laundering Authority, headed by the honorary deputy prosecutor of the Supreme Court Charalambos Vourliotis, prevents money laundering through betting companies.
The Prime Minister Kyriakos Mitsotakis, during Wednesday afternoon’s meeting of the Government Council for Economic Policy, emphasised that, a few days before presenting the main pillars of economic...
