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Greek Shipping

Greece Remains Top Shipping Nation in the World

Greece remains the top shipping nation in the world, as Greek shipowners with 5,514 ships currently control approximately 21 percent of the global fleet, in terms of capacity, the Union of Greek Shipowners (USG) announced in its annual report...

Shipping Conference Delves into the Challenges of Post-Covid Times

A conference hosted by the Hellenic American (HACC) and Norwegian American Chambers of Commerce (NACC) to be held digitally on February 8 will delve into the challenging issues facing the shipping industry in turbulent and fast-changing times. Titled "Out of...

Liberty Ships: The “Ugly Ducklings” that Transformed Greek Shipping

Liberty Ships, first built during World War II,  transformed the Greek shipping industry. By Lia Mageira “Your safety altogether depends upon the sea.” Xenophon, 4th century BC, Greek historian and philosopher During World War II, between 1941 and 1945, a total of 2,711...

Greek Shipping, Valued at $132 Billion, Dominates the World

Greek shipping continues its astonishing growth, confirming Greece's position as the number one seafaring country in the world, according to a new report. The value of the Greek-owned merchant shipping fleet grew over 32% in the past three years and...

Greek Talent Creates Innovative Shipping Platform Granted US Patent

A shipping platform that can predict where ships might go was created by a Greek ship management company and was recently granted a US patent

How the Moon Helped Free Cargo Ship Ever Given in Suez Canal

The Suez Canal, reopened this week after the "Ever Given" was finally freed from the side of the canal after the full moon gave it a boost.

Greek Shipowners Place Orders for 85 New Vessels

Greek shipowners have placed orders for 85 new vessels in the past year, according to an encouraging report released today by the Union of Greek Shipowners. These mavens of the shipping industry have invested more than $9 billion recently in...

Capital Link’s Hong Kong Maritime Forum Focuses on Global Trade, Pandemic Issues

The second annual Hong Kong Maritime Forum, titled “Hong Kong - Global Industry & Thought Leadership: Building on Tradition & Innovation” took place on December 1, bringing business leaders together to address the pressing trade issues of our times. Held for...

Mine Explosion Off Saudi Arabia Damages Greek-managed Tanker

An explosion from a floating mine has caused damage to an oil tanker which is managed by a Greek concern, in the Red Sea off Shuqaiq, Saudi Arabia. The mine, thought to be related to the ongoing hostilities in Yemen, damaged...

Greek Tanker Owners Still Dominate Shipping World Despite "Catastrophic" 2020

The economic publication New Money rates Greek shipowners as still the most dominant group in the world of shipping, according to a new article, despite the widespread economic devastation wreaked by the coronavirus lockdowns this year. Despite acknowledging that shipping as...