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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...

US Lifts Sanctions on Greek Tankers After Pledge to Respect Venezuelan Embargo

The US Ambassador to Athens welcomed the announcement by the Union of Greek Shipowners (UGS) to cooperate with the United States' sanctions on Venezuela until there is a change in that country’s regime. "I greatly appreciate the latest statements and...

Greek Shipowners On Alert After Oman Tanker Attacks

Greek shipowners, who control close to 25 percent of the world tanker fleet, are on alert following the attacks on two tankers belonging to Japanese and Norwegian firms in the Gulf of Oman earlier in the week. One in five...

Greek Shipping Company Confirms Tanker Collision with US Warship

Greek shipping company Stealth Maritime Corporation confirmed on Monday that one of its managed tanker vessels collided with a U.S. missile destroyer off Singapore. Ten sailors were missing and five others were injured in the incident which occurred in waters...

Greek Shipowners on Lloyd's '100 Most Influential People' List

Thirteen Greek shipowners are featured in LLoyd's list of the "100 Most Influential People in Shipping" for 2014. Greek shipping is on top again as the Greek-owned fleet is the largest in the world in gross tonnage, ahead of China and...