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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...
Greek Shipper Admits Smuggling Iranian Oil, Faces $2.4M Fine
Greek tanker operator Empire Navigation pleaded guilty to charges of transporting illicit Iranian oil involving the Suez Rajan tanker. Court documents recently obtained by...
Oil Prices Rise as Saudi Arabia and Russia Extend Production Cuts
Oil prices hit a new annual high as Saudi Arabia and Russia, the world's largest oil exporters, announced an extension of production cuts. Brent...
New Illegal Routes of Russian Oil Spotted in Kalamata, Greece
A new investigation has uncovered a widespread practice of illegal transportation of Russian oil, according to Le Monde.
The investigation has revealed an underground practice...
Greek Shipowners Rule the Oceans, According to New Report
Greece is the largest ship-owning nation in the world, according to the latest annual report of the Union of Greek Shipowners (UGS).
The report says...
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...
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...
Biden Approves Controversial Willow Oil Project
The Willow oil drilling project in Alaska has been given the green light by the administration of Joe Biden, a move which has been...
Ukraine Says Five Greek Shipping Firms Placed on Sanctions List
Five Greek shipping firms have been placed on a list compiled by the National Committee for War and Sanctions for allegedly continuing to cooperate...
EU Imposes Price Cap on Russian Oil at $60 Per Barrel
This Friday, the European Union (EU) agreed to introduce a price cap on Russian oil. The decision is intended to punish Moscow for the...


