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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


Greek Frigate Finds Debris in Search for EgyptAir Plane

A Greek frigate searching for a missing Egyptair aircraft discovered two large plastic floating objects in a sea area 230 miles south of the island of Crete on Thursday, Greek defence sources said. The two objects appeared to be pieces of plastic in white and red


Airplane Lifejackets Found in Egyptair Search

Aircraft debris was found in the southern Mediterranean by Greek authorities searching for a missing EgyptAir aircraft which vanished from radar screens early Thursday, Greek state tv reported. Earlier, Greek officials said pieces of plastic were found in the sea some 230 miles south of the


Can Shipping Help Greece Ride out the Storm?

Photo: Greg Trauthwein

Greece is considered to be the world’s first ship-owning country in terms of tonnage. The Greeks are known to control 17.7% of world fleet and gaining share except in crude tankers. Even recession in the dry bulk market has not had much effect on the Greek-owned fleet with the fleet size


Fleet Growth: Private Trends And Public Developments

Graph: Clarksons Research

 According to Clarksons Research, the world fleet has experienced a sustained period of growth during the last decade, with owners based in the Asia/Pacific region responsible for the largest share of this expansion.    However, since the start of 2014


UN Deal Sends More Migrants to Turkey from Greece

Two ferries carrying more than 120 migrants returned to Turkey from the Greek island of Lesbos on Friday, in the second round of arrivals under an EU deal with Ankara to stem mass migration to Europe across the Aegean Sea. The accord, which came into force on Monday


China's Acquisition of Piraeus Port a Booster for Greek Economy?

Greek Prime Minister Alexis Tsipras(1st L) meets with China COSCO Shipping Chairman Xu Lirong(2nd R) . Photo: Xinhua

 Greece has formally signed an agreement to sell a 67% stake in the Port of Piraeus to Chinese shipping company China Cosco Holding Co.   Under the deal, COSCO, the fourth-largest container shipping firm and second-largest port operator in the world


COSCO in Talks to Bid for Athens Freight Terminal

Chinese shipping conglomerate COSCO is in advanced talks with Greek real estate developer Grivalia and logistics provider PAEGAE, about jointly bidding to build and operate a rail freight terminal near Athens, a Greek newspaper reported.  


Liberia is Top Open Register for Greek Shipowners

Scott Bergeron (Photo: LISCR)

Figures released by the Greek Shipping Co-operation Committee (GSCC) show that Liberia has cemented its position as the undisputed leading open registry of choice for Greek shipowners.   The GSCC statistics show that, in the year to end-March 2016


239 End-of-life Ships Sold for Breaking in 1Q

Horizon Trader towed out of Brownsville port - Copyright BAN 2015

According to the NGO Shipbreaking Platform 239 end-of-life ships were sold for breaking in the first quarter of 2016. Seventy-nine per cent of end-of-life ships ended up on South Asian beaches, making this quarter one of the worst ones in the last years for non-beaching yards around the world.


Shipping Industry Flying On The Dragon’s Back

Graph: Clarksons Research

 As the many Greek players in the shipping industry know well, the legend of Icarus tells us the dangers of flying too high. Merchant vessel earnings eventually found their 2008 heights just as unsustainable, even as some talked of a “new paradigm”.  


Ships Idled as Greeks Strike Again

Policy reforms required to meet bailout terms; parliament expected to measures on May 8. Greeks started a 48-hour nationwide strike on Friday in anger at tax and pension reforms pursued by the indebted nation to qualify for more of a multi-billion euro bailout it signed up to last year.


World First: Greek Ship Owner Awarded Carbon Credits

Carlos Soler, AkzoNobel’s Business Director for Southern and Eastern Europe (left) presenting 13,735 carbon credits to Costas Mitropoulos Neda Maritime Co Ltd’s Technical Director (Photo: AkzoNobel)

Neda Maritime Agency, a  Greek tanker and bulker owner, has reportedly become the world’s first ship owner to be awarded carbon credits through a methodology developed by AkzoNobel’s Marine Coatings business.   A total of 13,375 carbon credits, potentially worth around $60


Italian Coastguard Rescues 801 Migrants

Italy's coastguard said it helped rescue 801 migrants from two boats off western Sicily on Thursday, including many Syrians, amid signs that refugees from the Middle East are increasingly shunning the Greek route into Europe.   More than a million migrants, many from Syria


Norsafe Showing Comprehensive range at Posidonia

Courtesy NORSAFE

Norsafe will be showing a comprehensive range of its renowned safety craft at Posidonia, June 6 to 10th 2016 at stand 420, hall 3. Exhibiting in partnership with its Greek agent, Intra Mare, the Norwegian based manufacturer together with its Greek subsidiary Norsafe Watercraft Hellas will be


Greece Deploys Ship, Aircraft to EgyptAir Search

Greece is deploying military aircraft and a frigate to an area in the southern Mediterranean where an EgyptAir aircraft vanished from radar screens early on Thursday, its defence ministry said. The search for the missing EgyptAir plane was taking place at sea






 
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