Angelakos (Hellas) is expanding its fleet renewal with an order for eight eco-friendly 82,000-dwt kamsarmax bulk carriers at Nacks and Dacks shipyards in China, with deliveries planned for 2025–2028. The Athens-based owner, operating a young panamax fleet averaging four years, marked a milestone with steel cutting for Hull No NE485 at Nacks in January 2025.
Tag: shipping
Greek shipowners face new US port fees on China-built vessels starting mid-October, as announced by the USTR. Aimed at boosting American shipbuilding, the fees will also affect LNG transport and increase over time, impacting a significant portion of Greece’s fleet.
Greek Maritime Minister Vassilis Kikilias announces amendment to halve port fees.
Chinese-owned shipping companies are increasing purchases of second-hand ship and are thus widening the gap…
George Procopiou secures full ownership of Athens’ iconic Astir Palace Resort.
Three oil tankers have been damaged by explosions in separate incidents across the Mediterranean Sea over the past month, raising concerns about maritime security in the region. The vessels, all of which had recently visited Russian ports, suffered varying degrees of damage. Investigations are underway, but the causes of the explosions remain unknown.
The Port of Thessaloniki is set for a major transformation following the approval of its master plan by a presidential decree. A key investment in the Pier 6 expansion will enhance the port’s global competitiveness, enabling it to accommodate container ships of up to 24,000 TEUs. With licensing now underway, the Thessaloniki Port Authority (OLTh) aims to strengthen trade, logistics, and infrastructure, solidifying the port’s role as a regional hub for international commerce.
Operations at Greece’s largest port, Piraeus, are continuing as normal despite the U.S. Defense Department adding its majority owner, COSCO Shipping, to a list of companies allegedly working with the Chinese military, sources told Reuters.
Four seafarers were airlifted from a Greek-owned bulk carrier off Taiwan after an engine room fire left them seriously injured.
Greek shipowners continue to dominate the global tanker market, holding a commanding 16.9% share of new vessel orders. Recent activity includes significant newbuild deliveries and acquisitions by prominent Greek shipping companies like TMS Group, Laskaridis Shipping, and Dynacom Tankers, demonstrating their continued investment and strategic positioning within the evolving maritime landscape.
Prime Minister Kyriakos Mitsotakis met with British counterpart Sir Keir Starmer in London to discuss strengthening bilateral ties, with a focus on the economy, shipping, tourism, and migration. The leaders also addressed international cooperation, especially with both countries serving on the UN Security Council in 2025-2026. Additionally, they discussed regional issues, including Ukraine and the Cyprus conflict, and the ongoing talks regarding the return of the Parthenon Sculptures.
The Greek Ministry of Shipping has unveiled comprehensive initiatives to enhance accessibility for people with disabilities in maritime transport. Announced on the International Day of Persons with Disabilities, the measures include mandatory accessibility upgrades on ships, improved port facilities, priority booking for disabled passengers, and specialized training for seafarers and Coast Guard personnel. These efforts aim to ensure equal and independent access for all travelers.
Greek Prime Minister Kyriakos Mitsotakis and UK Labour leader Keir Starmer are set to meet in London today to discuss key issues including trade, defence, and economic cooperation. The meeting has also reignited speculation about the possible return of the Parthenon Sculptures, with reports suggesting advanced talks between the Greek government and the British Museum, though the issue is not expected to dominate the agenda.
A Ukrainian ship captain has been arrested in Greece after his cargo vessel ran aground near Makronisos island on November 11th. Greek authorities allege the 46-year-old was intoxicated at the time of the incident, leading to charges of endangering maritime safety and causing a shipwreck.
Vardis J. Vardinoyannis, a highly regarded figure in Greek business, whose influence shaped the nation’s energy, shipping, and philanthropic sectors, has died at the age of 91.
Vardis Vardinoyannis, the prominent Greek shipping magnate and head of the Vardinoyannis Group, has died at age 91. A key figure in the Greek economy, he was also known for his resistance against the Greek military junta.
According to the British shipping information house Vesselsvalue, the Greeks have invested about 18 billion…
An operation to transfer 150,000 tonnes of crude oil from the Houthi-hit Greek-flagged tanker Sounion is underway in the Port of Suez. The tanker, which has been ablaze for seven weeks following a drone attack by Houthi rebels in the Red Sea, is being transferred to the Delta Blue tanker using portable equipment. The operation, which began Thursday, is expected to take three to four weeks and involves a crew aboard the tugboat Aigaion Pelagos. Efforts to secure the ship and mitigate further risks continue after the vessel suffered significant structural damage.
Greek shipowners are making significant investments in liquefied natural gas (LNG) vessels, positioning themselves at the forefront of the growing global LNG market. This investment surge reflects the Greek shipping industry’s diversification beyond traditional tanker, bulker, and container assets.
Athina Onassis, the heiress to the legendary Onassis shipping fortune, has been elected CEO of a major supermarket chain in France. Her appointment marks a new chapter in her professional life, as she takes on a leadership role in the company’s restructuring efforts.