Ship

While addressing the "The Great Oceans Dialogue" in New Delhi, organized for the first time by the Indian Ministry of Ports, Shipping and Waterways and the Observer Research Foundation of India, Greek Shipping and Island Policy Minister Christos Stylianides referred to Greek shipping's leading role as a catalyst for the support of the global supply chain and prosperity, as well as the protectio

An operation to transfer approximately 150,000 tons of crude oil from the Greek-flagged Suezmax tanker Sounion to Delta Blue, using portable equipment, is under way at a safe anchorage point in the port of Suez.

As the summer season winds down in tourism hotspot Muğla's Bodrum, both private and commercial boats are being pulled ashore for maintenance after hosting thousands of local and foreign visitors on blue voyages, which refer to the recreational journeys along the stunning Turkish Riviera.

Greek shipowners have spent an unprecedented $18 billion on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker and container asset classes, according to new research published on Wednesday by VesselsValue, the data intelligence arm of maritime data and freight management solutions provider Veson Nautical.

The work of extinguishing the 18 fires that were burning on the Greek-flagged tanker Sounion was successfully completed on Sunday.

Sources at the Shipping Ministry said that the operation was carried out by a specialized team of 27 people with the support of the ship Aigaion Pelagos.

Skaramanga shipyards have already started commercial activities from February 2024 after shipowner Giorgos Prokopiou took over ownership of the shipyards.

The company’s management has placed emphasis on two things, upgrading the equipment – as no heavy maintenance had been done in the last 15 years – and opening up their commercial activity.

Greek shipowners in 2024 in the shipbuilding order sector. In total, they have placed 163 orders with most of them or 88 being for tankers 53.9%.

These include 22 MR2, 19 Suezmax and 17 Aframax/LR2.

They also placed 31 orders for LNG carriers rate 19%. They have placed 27 orders for dry cargo carrier shipbuilding, 16.5% percentage of which 18 are for the Kamsarmax segment.

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 need to modernize European Union law so that the shipyards of EU member-states are effectively protected from the unfair competition of third countries and the need for an integrated support framework from the EU was pointed out by the president and chief executive officer of ONEX, Panos Xenokostas, to European Commissioner for the Internal Market Thierry Breton during the latter's visit t

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.