Shipping

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.

Russia Attacks Cyprus-owned Ship in Port of Odesa, Ukraine

At least one person has been killed after a Russian missile struck a Cyprus-owned ship entering the Ukrainian Black Sea port of Odesa, Ukrainian officials say. According to the southern defense forces, the KMAX RULER vessel was struck by an...

Greece Remains the ‘World’s Foremost Shipping Nation’

Greece, which has long been the leading owner/operator of cargo shipping, and now joined by China, it has come to dominate cargo capacity, according to a new analysis from industry trade group BIMCO. BIMCO, one of the largest international shipping...

The U.S. Bails Out Elefsina Shipyard in Greece with $125 Million Loan

The Elefsina shipyard in Greece has entered into a financial agreement for a $125 million loan with the US International Development Finance Corporation (DFC) to upgrade and modernize its aged facilities. The shipyard, just outside Athens, is attempting to be...

Greek Mariners Fought the Axis Powers Long Before OXI Day

Greek mariners had been saying “Oxi” (no) to the Axis powers pretty much since the start of World War Two in 1939. On October 28, Greeks around the world celebrate Oxi Day, commemorating the Greek government’s decision to resist the...

The History of the Corinth Canal, Greece’s Suez

The Corinth Canal, one of the most important infrastructure works of the modern Greek State, was inaugurated on July 25, 1893. Many believe that the canal changed maritime activity forever. It connects the Ionian and Aegean seas, making cargo...

15 Shipwrecks Unearthed in Mediterranean Sea

In the Mediterranean, experts in underwater archaeology have big news. They've identified 15 new shipwrecks near the coasts of Antalya and Mersin in Turkey. This exciting discovery has bumped up the total count of wrecks in that area to...

Greece Completes Sale of Igoumenitsa Port to Italy’s Grimaldi

On Friday, Greece completed the sale of the majority package of shares (67 percent) of the Igoumenitsa Port Organization to a joint venture led by the Italian Grimaldi group. The eighty-four million euro deal was hailed by PM Kyriakos Mitsotakis...

Ivan Savvidis Buys the Port of Volos in Greece

Greek-Russian businessman Ivan Savvidis is set to buy Volos Port Authority through his Thessaloniki Port Authority company. His company has been chosen as the favored investor for 67 percent of the Volos Port Authority shares. How will Ivan Savvidis purchase...

Deal Struck for First Dedicated LNG Facility in the US Gulf Coast

A deal was struck to develop, construct, and operate the first dedicated liquefied natural gas (LNG) bunkering facility in the US Gulf Coast. Seapath, a maritime subsidiary of Libra Group, and Pilot LNG, LLC (Pilot), a Houston-based clean energy solutions...

Samina Ferry Disaster Haunts Greece More Than 20 Years Later

The disaster involving the sinking of the ferry boat Express Samina on September 26, 2000, off the coast of Paros which claimed the lives of eighty-one people still haunts Greece. The ferry remains at the bottom of the Aegean Sea...

Hydra Island, Where the Modern Greek Merchant Marine Began

Most Greeks have substantial familiarity with the graphically gorgeous island of Hydra due to the island's protagonist role in the epic struggle of the Greek War of Independence. Most non-Greeks familiar with the island know it as a place of...

Greece’s Piraeus Port Among World’s Top 10 Shipping Centers

The port of Piraeus in Greece has risen to eighth place among the world's largest shipping centres, according to the latest data from the Xinhua-Baltic Index. Piraeus in the Athens metropolitan area is home to the globe's largest fleet management....

World’s First Green Methanol Container Ship Ready to Sail

The world-first green methanol container ship was christened on Thursday by the Danish shipping and logistics giant Maersk and is destined for service in the Baltic Sea. The vessel will carry the name “Laura Maersk”, the EU Commission President Ursula...

Onassis’ Legendary Yacht “Christina O” Spotted Off Nafplio, Greece

Aristotle Onassis' legendary yacht "Christina O", a luxury boat has hosted some of the world's biggest celebrities in the past century, has been spotted on patrol in the Arvanitia gulf of the city of Nafplio. The yacht has been a...