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How Aristotle Onassis Became the Richest Man in the World

The Suez Canal remains blocked by the container ship Ever Given, but it's not the first time a crisis has occurred at the waterway.

Will Turkey’s Enormous Istanbul Canal Project Move Ahead?

An ambitious "Suez Canal" project in Turkey, spearheaded by President Recep Tayyip Erdogan and known as the Istanbul Canal, aims to transform the city into a global trade hub, with an estimated cost of $9.2 billion. In 2021, the Turkish...

Greece’s Shipping Fleet in the Top 3 Worldwide

Japan, China, and Greece remain leaders in global shipping in terms of fleet value, leading shipping publication Veson Nautical reported this week. In the annual list of the world's top ten fleets presented by the company's VesselsValues, Japan ranks first...

Greek Ship Targeted by Missiles off Yemen

Another Greek-owned ship was targeted by missiles off the coast of Yemen on Monday, British maritime security firm Ambrey reported. The Marshall Islands-flagged bulk carrier was targeted by missiles in two separate incidents within two minutes while transiting through the...

Explosion Reported on Greek-owned Ship Off Yemen

An explosion was reported near a Greek-owned merchant vessel off the coast of the port city of Aden, Yemen on Tuesday, Reuters reports. The news agency says that the United Kingdom Maritime Trade Operations (UKMTO) agency and British maritime security...

Shipping Is Part of Greece’s Identity

When pondering why Greeks are so involved in shipping, the answer seems obvious. A country of peninsulas and an archipelago, it is hardly a surprise that men of the Aegean have plied the waters of the Mediterranean and Black...

Dramatic Video Surfaces of Houthi Strike on Greek Ship in Red Sea

A video of the Houthi strike on a Greek ship in the Red Sea earlier in the week was released by private Skai TV on Friday evening. The footage from a bridge camera shows the moment a missile hits the...

Greek Cargo Ship Struck by Missile off Coast of Yemen

Reports say a Greek-owned ship flying with the flag of Malta was hit by a missile launched by the Iran-backed Houthi rebels while sailing off the coast of Yemen. The ship was reported to be a dry bulk vessel, Zografia,...

Greek Shipowner Seeks US Help With Tanker Seized by Iran

The Greek shipowner of the St. Nikolas oil tanker seized by Iran on Thursday said it is seeking any help from the US government in regaining control of its vessel in a US court filing, Reuters reports. “While defendants hope...

Iran Seizes Greek Oil Tanker in Gulf of Oman

Iran claims it has seized Greek-owned oil tanker St. Nikolas off the coast of Oman, sparking fears that the Islamic republic may increase attacks on ships in the Middle East's waterways. According to The Financial Times, Tasnim News Agency, which...

Greek-Owned Cargo Ship Hits a Russian Naval Mine in Ukraine

On Thursday morning, a Greek-owned cargo ship sailing under the Panamanian flag in the Black Sea struck a Russian naval mine while en route to Ismail in Ukraine. The Incident: Ship Strikes Russian Naval Mine in Ukraine The ship, named Vyssos,...

The Haunting Wreck of Cruise Ship “Mediterranean Sky” Near Athens

From its glory days as a cruise ship to its current rusty resting place in Elefsina, the "Mediterranean Sky" has had quite a journey. It is one of the best known shipwrecks in Greece, but its deteriorating looks over...

Ship Sank off Lesvos Island, One Dead, One Rescued, 12 Missing

The freighter ship Raptor, sailing under Comoro islands flag and managed by a Lebanon-based company, sank off Lesvos island early on Sunday. 

Greek Shippers Exit Russian Oil Trade Amid Growing US Scrutiny

Three major Greek shipping companies, Minerva Marine, Thenamaris, and TMS Tankers, have ceased transporting Russian oil in recent weeks to avoid US sanctions. They are aimed at targeting shipping firms engaged in the movement of Russian oil. The move is...

Christina Onassis: The Short Life of an Unhappy Heiress

Christina Onassis, the golden heiress of the Onassis shipping fortune, died in 1988 in a friend's house in Argentina at the age of 38.