Greece is likely to cancel the sale of its northern port of Alexandroupolis, mainly due to the port’s upgraded role following the war in Ukraine, two sources with knowledge of the matter told Reuters on Monday.Greece in September received two binding bids for a 67% stake in the port of Alexandroupolis.
A consortium made up of global energy and shipping organisations announced on Wednesday that they will start a project to build and test a carbon capture system onboard an oil tanker for the next two years.The project onboard a medium-range tanker owned by shipping firm Stena Bulk is targetting at least 30% absolute carbon dioxide capture, or about 1,000 kilogramme per hour
An Iranian-flagged tanker is reloading oil that was confiscated by the United States earlier this year after Greek authorities approved the release of the cargo, sources familiar with the matter said on Friday.The case has strained relations between Athens and Tehran amid growing tensions between Iran and the United States after Washington hired a tanker in April to impound the oil onboard the
A Greek court on Wednesday overturned an earlier court ruling that allowed the confiscation by the United States of part of a cargo of Iranian oil on an Iranian-flagged tanker off the Greek coast, three sources familiar with the matter said.The incident had led to an angry response by Iran
Shipowners are struggling to know what trades are still legal as a raft of sanctions against Russia and tough measures on other countries including Iran remain confusing, leading Greek shipowner George Procopiou said on Monday.Sanctions imposed on Moscow after it invaded Ukraine in February, including a U.S.
The United States has confiscated an Iranian oil cargo held on a Russian-operated ship near Greece and will send the cargo to the United States aboard another vessel, three sources familiar with the matter said.Greek authorities last month impounded the Iranian-flagged Pegas, with 19 Russian crew members on board, near the coast of the southern island of Evia due to EU sanctions.
A Russian tanker impounded by Greece this week and reportedly carrying Iranian oil will be released amid confusion about sanctions on its owners."The coast guard has been ordered by the anti-money laundering authority to release the vessel," a Greek government official said, without providing further details.
Greece has impounded a Russian oil tanker off the island of Evia, the Greek coastguard said on Tuesday, as part of European Union sanctions imposed on Moscow over its invasion of Ukraine.Earlier this month, the EU banned Russian-flagged vessels from the 27-nation bloc's ports, with some exemptions
Over 15 countries have called for a special meeting with the UN’s shipping agency to discuss the safety of ships and their crews sailing through the Black Sea and Sea of Azov after Russia’s invasion of Ukraine and growing dangers to vessels.Many shipping firms have suspended sailings to affected Black Sea ports and other terminals in Ukraine.
Firefighters battling for a third day a blaze on a ferry sailing from Greece to Italy recovered on Sunday the body of a passenger listed as missing, Greek authorities said.It is the first reported fatality after rescuers managed to take at least 281 out of 292 passengers and crew to safety from a blaze which broke out on the Italian-flagged Euroferry Olympia early on Friday.
Two people are trapped on a ferry that was engulfed in a blaze as it sailed from Greece to Italy early on Friday, the coastguard said, after scores of others passengers and crew members were rescued.A total of 239 passengers and 51 crew were onboard the Italian-flagged Euroferry Olympia when the fire broke out and rescue vessels had taken most of them to the island of Corfu where ambulances were
The Global Center for Maritime Decarbonization (GCMD) has awarded its ammonia bunkering safety study in Singapore to a DNV-led consortium aimed at accelerating the shipping industry's decarbonization efforts, the Center said in a statement on Wednesday."A precursor to the demonstration of ammonia bunkering in Singapore