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Greece

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Three Cruise Ships Bought In The Pandemic Remain Idle In Greece
Vessel sales

Three Cruise Ships Bought In The Pandemic Remain Idle In Greece

A Greek ferry operator still has three former cruise ships lying idle at anchorages and quays around the country, the remainder of eight vessels it acquired between 2020 and 2023 when secondhand values collapsed.

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Greek Tanker Owner Returns To Medium Range Newbuildings
Industry

Greek Tanker Owner Returns To Medium Range Newbuildings

A Greek tanker owner has returned to the medium range newbuilding market with an order in China for a pair of 50,000 deadweight tonne vessels, ending a lengthy absence from the segment. Price and delivery details have not been disclosed.

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Loaded crude tanker seen from directly above
Industry

Greek Owner Returns To Newbuilding Market After Fifteen Years

A Greek tanker owner has returned to the newbuilding market after fifteen years with a 113,500 deadweight tonne crude and product tanker due for delivery in September.

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Container ship newbuilding under construction at a Chinese shipyard
Industry

Minerva Dry orders four larger boxships in Hengli newbuilding push

Minerva Dry has ordered four 6,000-TEU container vessels at a Chinese shipyard, expanding into larger tonnage than it currently operates or has on order elsewhere.

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Container ship newbuilding at a Chinese yard
Industry

Minerva steps up in containers with four boxship order in China

Greek owner Minerva Dry has ordered four mid-sized containerships in China, a step up in size that pushes its investment in the sector towards $1bn.

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Tanker vessel under way at sea
Industry

Andriaki breaks its newbuilding silence with an LR1 pair

Greek tanker owner Andriaki Shipping has been linked to two LR1 tanker newbuildings in China, its first such order in roughly a decade.

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Ferry navigating coastal waters
Product

Foreship unveils energy-efficient ferry concept for Greece

Naval architecture firm Foreship has developed an energy-efficient ferry concept for Greece's domestic market, aimed at operators facing ageing tonnage and rising costs.

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HMM moves on $1.1bn bulker and gas carrier haul
Industry

Prysmian bags $1bn contract for Greek power links

Prysmian has won a roughly EUR910m ($1.03bn) framework agreement with Greek grid operator IPTO to design and install submarine and land cables for Dodecanese and North Aegean island interconnections.

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