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Greek Owners

Solar Solve Wins Orders from Two Japanese Shipbuilders

Photo: Solar Solve

At the beginning of June South Shields based Solar Solve Marine dispatched a consignment of 16 SOLASAFE anti-glare roller sunshades to their distributor based in Osaka for installation at the wheelhouse windows of two new bulk carriers being built in Japan. Oshima Shipbuilding Co. are finishing off a Handymax Bulker, Hull No. 10705, at their Nagasaki yard for delivery next month. Currently both the name of the 55,116 dwt vessel and the owner have not been made public but the vessel will be delivered with 13 roller sunscreens from the SOLASOLV range installed at the navigation bridge windows. When in use they will protect the bridge personnel from solar heat, glare and uv light to improve their comfort and safety. The consignment also includes three SOLASAFE screens for a 60,527 dwt Panamax Bulk Carrier, Hull No. 050, due for delivery at the end of the summer from Shin Kasado Dockyard Co. in Yamaguchi prefecture. This 200 mtr. long vessel will transport mainly cargoes of grain for Greek owners. www.solasolv.com  


Korean Shipyard Names Five New Containerships

Container ships, sunrise: Photo courtesy of HHI

Hyundai Heavy Industries (HHI), which claims to be the world’s biggest shipbuilder says that it set a new daily naming ceremony record by naming 5 containerships (ordered from Enesel) on a single day. In a simultaneous naming ceremony attended by Mr. Andonis Lemos; Mr Filippos Lemos; Mr. Kim Oi-hyun, President & CEO of Hyundai Heavy Industries; and other 130 participants at HHI’s yard in Ulsan, South Korea, the sponsors including Mrs. Irini N


Energy Efficiency Fuels Shipping Strategies at Posidonia

As persistent high oil prices and the burden of increased regulatory compliance have rendered energy management strategy development crucial for fleet owners worldwide, the shipping industry is on the verge of a new frontier where novel concepts and sophisticated approaches to ship design and performance verification methods emerge. The world’s major ship building nations agree that a combination of a stubborn global recession and high fuel prices which affect global trade and impact


Greek-flag Registry Red Tape Clear-out

Greek Flag: Photo credit Wiki CC2

Greek Shipping Minister urges owners to choose country's flag as registry gets revamp. Greek Shipping Minister Constantinos Mousouroulis has unveiled a plan to modernize the Greek Shipping Registry that will come into effect imminently. Greece's shipping ministry will put in place a one-stop-shop e-registry responsible for the receipt of the applications, their processing and the monitoring of the necessary steps tied to registering vessels.


ClassNK Reports Record 2014

Announcing its registration totals for 2014, ClassNK said 833 new vessels with a combined total of 21,466,272 gt joined its register over the course of the year, marking the fourth straight year that the classification society registered over 20 million in new tonnage.   ClassNK noted that its growth in 2014 comes in spite of a global downturn in the market which has seen newbuilding deliveries fall by an estimated 15% according to Clarkson Research Services


Liberia is Top Open Register for Greek Shippers

Image: LISCR

Figures released by the Greek Shipping Cooperation Committee (GSCC) show that Liberia has further strengthened its position as the undisputed leading open registry of choice for Greek shipowners and operators.   The GSCC statistics show that, in the year to end-March 2015, the number of Greek-controlled ships in the Liberian Registry increased by a net total of 61 vessels, more than any other registry in the world


Tanker Orders Flood in For Chartco

ChartCo, has taken more orders for its ChartManager service from tow major tanker fleet owners. Greek company Avin International is the third major Greek shipping company, to sign up as a ChartCo customer while ChevronTexaco Shipping Company has signed up to ChartCo’s service following successful trials on two of its vessels. Avin International, a tanker operator active in the shipment of crude oil and petroleum products


Preview: Greece Poised for Posidonia 2004

The year 2004 is shaping to be a monumental year for Greece, with the pinnacle being the hosting of the 2004 Summer Olympics from August 13-29 in Athens. While a maritime exhibition can hardly be mentioned in the same breath as an Olympic Games in terms of stature, the staging of the 19th biennial International Shipping Exhibition to be held in Greece — Posidonia 2004 — is a significant event for the international maritime community


Drewry’s Forecast Warns Carriers

Drewry believes that the industry has emerged from the global recession with both carrier profitability and demand figures bearing this out, but still ask whether or not the industry has learnt anything? The fact that no major companies went to the wall still seems to have insulated the industry from the despair of 2009 and there is now the feeling that perhaps the dark days did not happen. In essence, Drewry observes that it is back to normal operating conditions.


BIMCO: Greece is the Leader in Newbuild Investment

Source: BIMCO, CRSL

Greek shipowners are not only the most active nation when it comes to sales and purchases, they are also investing the most in newbuilding contracts, BIMCO reported. Since 2010, contracts made by owners in Greece total $51 billion (USD), consistently dwarfing the likes of Norway and China as buyers. Chief Shipping Analyst at BIMCO, Peter Sand, said, "The Greek ship owners’ interest in newbuilding contracts has continued into 2014, where 73 new contracts valued at $4


Shipbreaking Practices in 2015 Reveal Appalling Record -Report

Graphics: NGO Shipbreaking Platform

Ignoring industry leaders and human rights and environmental organizations, ship owners continue to profit from dangerous and dirty shipbreaking practices on South Asian beaches in 2015, according to new data released today by the NGO Shipbreaking Platform.


COSCO Also Eyes Greek Train Network

China's COSCO already the sole bidder for Greece's Piraeus Port. Buying both would give COSCO a European transhipment hub. China's COSCO is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port, two people familiar with the matter said


COSCO Plans European Transhipment Hub

Photo: COSCO

 China's COSCO is forging ahead with a plan to build a European transhipment hub, reports Reuters. The state owned shipping giant is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port.  


Topaz Responder Saves Refugee Migrants

The Topaz Responder at work with MOAS. Photo courtesy of Robert Young Pelton  MOAS

Topaz Energy and Marine has emerged as an unlikely player in the effort to save refugee migrants risking their lives on the sea crossing from Turkey to Greece’s islands in order to reach Europe. While Topaz’s new emergency response and rescue vessel, the Topaz Responder


Strike Causes Delays at Greek Ports

Inchcape Shipping Services (ISS) is advising of a further 24 hour general strike in Greece on December 3 which is expected to affect vessel movements at many Greek ports and terminals. The public and private sector strike action is scheduled to start at 06:00 local time on December 3 and end at


EC Warns Greece on Tonnage Tax

Logo: European Commission

 The European Commission has sent to Greece a set of proposals to ensure that state support to the maritime sector in Greece complies with EU state aid rules.   In particular, the Commission found that current provisions may breach EU state aid rules by allowing shareholders of


Globus Maritime CEO Steps Down

Photo: Globus Maritime

 Greek dry bulk shipowner Globus Maritime announced the resignation of Georgios Karageorgiou from the position of president, CEO and interim CFO and Director of Globus Maritime Limited. Karageorgiou is leaving for personal reasons.  


Scaling The Heights And Plumbing The Depths

Table: Clarksons Research

 With tanker owners “on top of the world” and their dry bulk counterparts often feeling like they are “staring into the abyss”, 2015 was a year of contrasting fortunes across bulk shipping, says Clarksons Research.  


Greek Bourse Suspends Piraeus Port Share Trading

The Athens stock exchange on Tuesday suspended trading in shares of Piraeus Port Authority before the privatisation agency unseals bids by investors for a majority stake in the country's biggest port later in the day. Greece, which is selling a 51 percent stake in Piraeus Port


Greece to Evaluate Cosco Port Bid

China's Cosco sole bidder for the country's biggest port. Greece will evaluate on Wednesday an improved bid that China's Cosco is due to submit for a majority stake in Piraeus Port, a senior official at the privatisation agency (HRADF) said on Monday.


Greek Shipers Disagree with EC on Tax Issues

The European Commission recently published Decision (C(2015)9019 final / 18-12-2015) alleging that some provisions of the Greek shipping taxation regime are in breach of EU state aid provisions and, in particular, the conditions set out in the current Community Guidelines on State Aid to Maritime


Migrant Vessel Sinks off Greece, 34 Dead

At least 34 people, including 11 children, drowned when their wooden vessel sank off a Greek island close to Turkey on Friday, the Greek coastguard said, in what was thought to be one of the worst accidents involving migrants in months. The Greek coastguard said casualties included 16 women


Spanish Court Sentences Prestige Master to Prison Term

Spain's Supreme Court sentenced the captain of the Prestige oil tanker, which sank off Spain's northwestern coast in 2002, covering thousands of kilometres of coastline in fuel oil, to two years in prison on Tuesday. The captain, Apostolos Mangouras


Greek Pension Protests Hit All Transport Sectors

Ferries were docked at Greek ports on Wednesday as sailors kicked off their second 48-hour strike this week, adding to a groundswell of public discontent over plans to reform the country's struggling pension system. Prime Minister Alexis Tsipras launched a vocal defence of the plan on Tuesday


Dumpers 2015 - Examples of Particularly Bad Practices

Photo:  NGO Shipbreaking Platform

 The worst dumper prize goes to IDAN OFER, son of shipping magnate Sammy Ofer. Idan Ofer owns QUANTUM PACIFIC GROUP and has a controlling stake in Israel’s largest publicly traded company, ISRAEL CORPORATION.    Combined






 
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