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How Aristotle Onassis Became the Richest Man in the World

The Suez Canal remains blocked by the container ship Ever Given, but it's not the first time a crisis has occurred at the waterway.

Greece’s Shipping Fleet in the Top 3 Worldwide

Japan, China, and Greece remain leaders in global shipping in terms of fleet value, leading shipping publication Veson Nautical reported this week. In the annual list of the world's top ten fleets presented by the company's VesselsValues, Japan ranks first...

Greece Sends Frigate to the Red Sea to Protect Shipping

Greece announced on Thursday it is sending a frigate to the Red Sea to participate in the multinational force led by the United States to protect shipping following recent attacks by militias from Yemen. Ten countries have already expressed an...

The Haunting Wreck of Cruise Ship “Mediterranean Sky” Near Athens

From its glory days as a cruise ship to its current rusty resting place in Elefsina, the "Mediterranean Sky" has had quite a journey. It is one of the best known shipwrecks in Greece, but its deteriorating looks over...

Hydra Island, Where the Modern Greek Merchant Marine Began

Most Greeks have substantial familiarity with the graphically gorgeous island of Hydra due to the island's protagonist role in the epic struggle of the Greek War of Independence. Most non-Greeks familiar with the island know it as a place of...

Greece’s Piraeus Port Among World’s Top 10 Shipping Centers

The port of Piraeus in Greece has risen to eighth place among the world's largest shipping centres, according to the latest data from the Xinhua-Baltic Index. Piraeus in the Athens metropolitan area is home to the globe's largest fleet management....

Greek Shipper Admits Smuggling Iranian Oil, Faces $2.4M Fine

Greek tanker operator Empire Navigation pleaded guilty to charges of transporting illicit Iranian oil involving the Suez Rajan tanker. Court documents recently obtained by the Associated Press and The New York Times shed light on the extent to which...

George Logothetis Shares His Story in Viral Interview

George Logothetis, Executive Chairman of Libra Group, delved into the intimate details of his life story and career in an interview during Marine Money Week that has since gone viral on YouTube. Marine Money Week is the "largest annual gathering...

US Navy Prevents Iran from Seizing Greek Tanker in the Gulf

On Wednesday, the US Navy (USN) claimed that it prevented the seizure of two commercial tankers in the Gulf of Oman, with one of the vessels reportedly being Greek. Chevron, the oil company, reported an incident involving the "Richmond Voyager,"...

Iran “Harassed” Greek-managed Ship, US Navy Claims

  The US Navy has claimed that on Sunday, a merchant ship was "harassed" by the Revolutionary Guard of Iran in the Strait of Hormuz. According to ship-tracking data from MarineTraffic.com, the ship which found itself in trouble with Iran...