NEWS
Jan 23, 2025
Interview Insights from DryDel’s CEO – ERTNews.gr & Slide2open
Mr. Costas Delaportas, CEO, was recently interviewed by Ms. Konstantina Dimitrouli for ERTtv & ERTnews.gr, where he provided valuable expert insights on the current shipping market.
Later on, Mr. Delaportas joined an 1-on-1 discussion with the esteemed Mr. Angelos Roupas-Pantaleon at Slide2Open Communications, further exploring these critical topics & the strategic path ahead for DryDel.
He highlighted key challenges & opportunities facing the industry, including:
– Market Uncertainty:
As Mr. Delaportas put it, “The shipping sector is experiencing significant uncertainty due to a variety of global factors, including the new US presidency decisions on tariffs & taxes, shifting geopolitics, the Panama situation, and the recent opening of the Suez Canal.” He went on to explain that these developments will impact the dry bulk market and the ton-mile demand in the coming months.
– Fuel Choices:
While there’s growing attention on alternative fuels, Mr. Delaportas emphasized, “We still believe in conventional fuels. The financial decision to invest in a dual-fuel vessel just doesn’t add up – Tier III, Phase III & new vessel designs provide up to 30% less emissions.”, he noted, “Paying an additional $10-15 mil for a dual-engine N/B vessel makes little sense when the future fuel remains unclear.”
– DryDel’s Strategy:
“DryDel will continue its strategy on dry bulk, newbuilds, and state-of-the-art, efficient vessels. We remain committed to maintaining a robust fleet with cutting-edge technology, which is essential as we navigate this evolving market.”
LinkedIn: https://www.linkedin.com/feed/update/urn:li:activity:7288174394101686272