Tag: Maritime Sector

Greek Shipowner Sun Enterprises Breaks Suezmax Order Drought with $180 Million Deal

In a strategic move marking the end of a decade-long hiatus, Greece’s Sun Enterprises has placed a $180 million order for two suezmax tankers. This order, their first for such vessels since 2015, involves an agreement with South Korea’s DH Shipbuilding to deliver the ships by early 2027, reflecting significant investment in fleet expansion and industry-leading innovations.

Evangelos Marinakis, founder and CEO of Capital Maritime and Trading Corp., was recently honored with an honorary Doctor of Business Administration degree from the prestigious Massachusetts Maritime Academy. The ceremony, held on June 22, 2024, at Buzzards Bay, Massachusetts, highlighted Marinakis' profound impact on the shipping industry over more than three decades. His achievements include navigating through multiple shipping cycles, completing significant IPOs and mergers, and overseeing a diverse fleet under Capital Maritime's management.

Honorary Doctorate Awarded to Evangelos Marinakis by Massachusetts Maritime Academy

Evangelos Marinakis received an honorary Doctorate from the Massachusetts Maritime Academy for his significant contributions…