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Friday, October 10, 2025
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Greece

Global shipping industry divided ahead of crucial IMO vote on net zero framework

The global shipping industry is bracing for one of its most decisive climate battles as the International Maritime Organization (IMO) prepares to vote on...

Hengli Heavy Industries Bags 12 VLCCs in Two Weeks, Totaling Over US$1.4 Billion

Recently, Hengli Heavy Industries has signed contracts with several major international shipping companies for the construction of Very Large Crude Carriers (VLCCs). Within just...

Russia Use G7 Tankers to Boost Crude Exports, Despite Lower Price Cap

Seaborne Russian crude exports hit 18-month high Greek tankers hold market share after earlier retreats EU identifies 118 tankers breaching price cap Russia turned to G7-linked tankers...

Norway’s Songa Box Turns to Sanfu Shipbuilding for New Containerships After Losing Jinglu Shipyard Slots to Greece’s Minerva

Songa Box, a subsidiary of Norway’s Blystad Group, has signed a letter of intent with Taizhou Sanfu Shipbuilding for the construction of 2+2 3,100...

Greece and Saudi Arabia strengthen ties to boost shipbuilding investments

Greece and Saudi Arabia are examining opportunities of cooperation for Saudi investment in Greece’s shipbuilding and defense industries. The high-level visit to the Greek Elefsis...

The Apeejay shipment changes the younger ships for larger and older units in the star bulk deal

The Apeejay shipping company led by Sumant Ahlawat has restructured its dry bulk fleet, opting for larger units even at the expense of raising...

Performance Shipping Inc. Announces Fleet Expansion with Two Modern Suezmax Tanker Acquisitions

ATHENS, GREECE –October 9, 2025 – Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of...

Greek shipowners take the lead in deploying nuclear energy applications

AI-generated image Recently, some shipowners and operators gathered in Athens for the “AGORO: Greek Shipping’s New Nuclear” event. Christopher Wiernicki, Chairman and CEO of the...

EU Leaders Set to Explore Solutions for US Tariff Dispute at Upcoming Summit

According to a report from Reuters, European Union leaders are set to discuss their approach to trade negotiations with the United States during a...

Greek authorities detain Turks caught with weapons on boats

A Greek court has ruled that twelve Turks arrested in northern Greece on accusations of participating in an international criminal group smuggling weapons into...
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