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Greek owners pushed billions into new listings and newbuildings even as drone strikes in the Black Sea, a cyber extortion threat and a record-ageing fleet exposed the risks shadowing a buoyant market.
Greece’s Minister of Shipping and Island Policy Vasilis Kikilias met senior Japanese officials in Tokyo to deepen bilateral cooperation on shipyards, ports, maritime safety and IMO decarbonization talks.
George Vardinogiannis, a Greek shipping executive and former Panathinaikos FC president, has died in Athens at the age of 90.
Capital Maritime Finance, the containership platform controlled by Greek shipowner Evangelos Marinakis, attracted more than four times its target in investor orders for an initial public offering that became the first shipping company listing exclusively on Euronext Athens.
Attica Group has completed the sale of its veteran RoPax ferry Lefka Ori to a Cyprus-based buyer for €8.3 million as part of its ongoing fleet renewal programme.
Greek shipowners, led by George Procopiou’s Dynacom Tankers, have ordered 12 new tankers worth hundreds of millions of dollars at China’s Hengli Heavy Industries.
Four leading Greek shipowners told an Athens shipping forum that crewing rules and registry efficiency must change to bring more of the roughly 6,000-strong Greek-owned fleet under the Greek flag.
Greek owner Danaos is weighing a carve-out and minority stake sale of its dry bulk business through a potential listing on the Norwegian market.
A Greek delegation led by the Ministry of Maritime Affairs met Alexandria Port Authority officials to discuss proposed Ro-Pax and RoRo links between Greek and Egyptian ports.
Greek shipowners’ combined newbuilding orderbook has climbed past 1,000 vessels for the first time, led by a surge in tanker and bulk carrier contracts.
