Shipping

Massive Container Ship Docks at Piraeus, Greece

One of the largest ships in the world, the newly built "OOCL Piraeus", arrived earlier in the week for the first time in the port of Piraeus, Greece. The Orient Overseas Container Line Ltd (OOCL) vessel was greeted at a...

Cargo Ships Could be Pulled Across the Ocean by Giant Kites

Could giant kites one day pull cargo ships across the sea? What seems like a novelty concept or even a throwback to the Age of Sail might become a reality in the future of shipping. The Seawing, a revolutionary technology...

US Navy Prevents Iran from Seizing Greek Tanker in the Gulf

On Wednesday, the US Navy (USN) claimed that it prevented the seizure of two commercial tankers in the Gulf of Oman, with one of the vessels reportedly being Greek. Chevron, the oil company, reported an incident involving the "Richmond Voyager,"...

‘Green Giants’ Launched in the Italy-Greece Freight Line

Two “green giants”, the hybrid vessels Eco Catania and Eco Malta of the Italian Grimaldi Group, started operating the freight line between Italy and Greece on Monday. The Neapolitan shipping group, in synergy with the Port System Authorities of the...

US Congress Approves Funding for Greek Shipyards

The US Congress approved last week a $125 million financing plan for the Greek shipyards at Elefsis, south of Athens in a major boost for the future of shipbuilding in Greece. The US International Development Finance Corporation (DFC), America’s development...

Tourists Go Missing During Titanic Visit in Submersible

A group of tourists visiting the wreck of the Titanic in a submersible has reportedly gone missing in the Atlantic Ocean. The Boston Coastguard is currently trying to locate the missing submersible. It is not certain how many passengers -...

Greece is World’s Second Most Popular Destination for Superyachts

Greece is currently the second most popular destination for superyachts in the world according to online tracking data published by Bloomberg. On Friday, Greek waters were host to hundreds of yachts. Only Italy had more and was the most popular...

Iran “Harassed” Greek-managed Ship, US Navy Claims

  The US Navy has claimed that on Sunday, a merchant ship was "harassed" by the Revolutionary Guard of Iran in the Strait of Hormuz. According to ship-tracking data from MarineTraffic.com, the ship which found itself in trouble with Iran...

Collision of Two Merchant Ships Near Chios Island, Greece

On Friday, two merchant ships were reportedly involved in a collision in the waters off the Greek island of Chios. No fatalities or serious injuries are known to have occurred. One of the ships which sustained damage in the collision...

Greek Billionaire Family Orders Three Colossal Superyachts

A billionaire Greek family has ordered three massive 230 feet Admiral GC-Force 70 superyachts. The sale was announced by IYC and The Italian Seag Group (TISG). Details on the deal itself are scant and the identity of the wealthy Greek...

The Wreckage of the Titanic as Never Seen Before

The Titanic, the world's most famous shipwreck which lies 3,800m (12,500ft) down in the Atlantic, has been revealed as never seen before using deep-sea mapping. The first full-sized digital scan provides a unique 3D view of the entire ship, enabling...

The 10 Most Expensive Superyachts in the World

Superyachts are arguably the ultimate symbols of wealth. Complete with luxurious amenities such as comfortable rooms, multiple pools, dance floors, cinemas, bars, and lounges, the world's wealthiest individuals pay millions for these maritime emblems of wealth. Each one of these...

Greek-managed Tanker Seized by Iran at Straight of Hormuz

A Greek-managed tanker was seized by Iran on Wednesday the US Navy announced and provided a dramatic photo of fast-attack crafts chasing the vessel. The Bahrain-based Fifth Fleet of the U.S. Navy said the Panama-flagged oil tanker Niovi was seized...

$450 Million Superyacht Dazzles in Mykonos

The $450 million superyacht Opera anchored off Mykonos on Monday and became a must-see spectacle for locals and visitors alike. The yacht’s owner is Abu Dhabi-based Sheikh Abdullah bin Zayed Al Nahyan. He is the son of the founder of...

$164m of Cocaine Found in Greek Ship Off Venice

Italian authorities have found cocaine worth $164m hidden inside ventilation ducts on a Greek ship in Venice. Helicopter footage shows a number of customs vessels surrounding the Greek-owned, Atlas bulk carrier. Officials are then shown studying plans of the Liberia flag...