Athens Greece News

Star Bulk Carriers Corp. on Tuesday announced that it has completed its merger with fellow dry bulk shipping company Eagle Bulk Shipping Inc.Eagle Bulk shareholders this week voted to approve the $2.1 billion deal, which was first announced in December 2023.Under the terms of the merger agreement, each Eagle shareholder received 2.6211 shares of Star Bulk common stock for each share of Eagle common stock owned. Eagle common stock has ceased trading and will no longer be listed on the New York Stock Exchange.Petros Pappas…

Techcross recently opened the doors for its new training center in Athens, Greece, its 7th training center opened globally in major shipping hubs that offers training on actual equipment.An opening ceremony for the Greece training center, designated as a hub for training in Europe region, was held recently at the newly relocated ARGO NAVIS building. The ceremony was attended by nine representatives, including Park Seog-won, CEO of Techcross, and Ioannis Alevropoulos and Maximous-Ioannis Katsidimas…

The Institute of Chartered Shipbrokers has officially welcomed its new senior officers at a Controlling Council meeting held in Athens, Greece.Taking over from Glenn Murphy as International Chair of the Institute is Luis Bernat. Prior to his election as Chair, Bernat has held the position of Vice Chair since 2021. He brings to the role extensive experience gained over almost 50 years in the industry. This includes, most recently, his role as Chartering Manager for TSL Shipping & Trading.

Dry bulk shipping companies Star Bulk Carriers and Eagle Bulk Shipping have reached a deal to merge in a $2.1 billion all-stock deal.The terms of the definitive agreement have received unanimous approval from the boards of directors of both New York-listed ocean carriers, and the companes expect the deal to close in the first half of 2024 following approvals from regulators and Eagle shareholder.Eagle shareholders will receive 2.6211 shares of Star Bulk common stock for each share of Eagle common stock owned.

After 268 days in his kayak, 1643 hours of paddling and a journey of almost 6,800 miles, 65-year-old Mark Fuhrmann has completed his epic “Reverse the Bad” charity expedition across Canada and the United States.In doing so, he becomes the first person to solo kayak the ‘Greater Loop’ circuit, beginning (and ending) in Halifax, Nova Scotia, and traversing the Great Lakes, the Illinois, the Mississippi, the Tennessee and Tombigbee Rivers, before hitting the Gulf of Mexico and heading up the Atlantic Coast.A smiling…

bound4blue announced the appointment of Elias Boletis as an external advisor to the company.Boletis has a Doctorate in Applied Sciences from the University of Brussels and holds a MSc in Mechanical and Electrical Engineering from the Technical University of Athens (Greece) and a MSc in Turbomachinery and Fluid Dynamics from the Von Karman Institute (Brussels, Belgium). He has also been recognized with several industry awards and accolades for his contributions to the field such as integration of new technologies…

Samsung Heavy Industries (SHI) held aTechnology Road Show in Europe as an official debut of its new design ship.SHI held its "Samsung Technical Seminar in Athens" at the Marriott Hotel in Athens, Greece, and announcing details on a pair of new designs: an LNG carrier and a container ship.SHI reports the event attracted 70 people from 35 companies, including shipowners such as Minerva, GasLog, Shell and Total."The technology road show is SHI's active marketing method for new design and innovative technologies and is the most effective way to increase contact with customers…

After two months in his kayak, 64-year-old Mark Fuhrmann has succeeded in covering 2,000km of his 10,500km ‘Greater Loop’ paddle. Although battered by high winds, and fighting against large swells and difficult tides, the intrepid Canadian has made his way from Halifax, Nova Scotia to Quebec City, and is now on the boundary of Montreal. His year-long loop will eventually take him back to Halifax, by which time he hopes to have raised over EURO 100,000 for Doctors Without Borders and Captains Without Borders.Extreme commitmentFuhrmann…

In late May 2022, Mark Fuhrmann set out on an epic, solo 10,500 km kayak trip, a venture that the 64-year-old Canadian is using to raise more than over EURO 100,000 for Doctors Without Borders and Captains Without Borders.Fuhrmann has been a staple in the marine industry for the past three decades, running a PR and marketing businesses in Oslo, Norway. Solo paddles for charity are not new to Fuhrmann, who who undertook a 5,900km charity kayak from Oslo to Athens, Greece, in 2018.

“Carbon capture is going to be a key transformational technology for shipping to achieve net zero emissions by 2050. It will be critical to addressing the challenge before us, which is the sheer gradient of the curve. At the moment we can only see the outline of a solution to get us to 2050. But it is clear already that net zero cannot realistically be delivered without efficient carbon capture and storage technology,” said Christopher J. Wiernicki, ABS Chairman, President and CEO…

ABS granted approval in principle (AIP) to Samsung Heavy Industries’ (SHI) design for an ammonia-fueled Neo-Panamax container vessel.Presented in Athens, Greece, at the Posidonia International Shipping Exhibition, the AIP confirms the design has been reviewed by ABS against the requirements outlined in the ABS Guide for Ammonia Fueled Vessels. “This ammonia-fueled vessel represents a significant step forward in the industry’s desire to realize the emissions reduction potential of ammonia as fuel, and we are proud to use our experience to support it.

Swiss based marine engine technology developer WinGD has expanded its global training network through a partnership with DCS POWER PTE LTD in Singapore to deliver training for optimizing engine performance and preparing crews for the fuels of the future.Located in Singapore, the new training partnership was commemorated on February 22. Preparing crews for the new future-fuel ready vessels will be delivered through a variety of both virtual and classroom-based training courses.

Shipbroker Simpson Spence Young (SSY) on Tuesday announced it has opened a new office in Athens, Greece.The new office, which is based in Glyfada, is being managed by SSY Dry Cargo broker Nicholas Vamvakaris and currently includes teams from the dry cargo division who focus on Cape, Panamax and the Handy Supra markets.SSY said it plans to expand the remit of this office in the near future to include other departments.Mark Richardson, chairman of SSY, said, “We are very pleased to open SSY Hellas, and to have our brokers present in Athens.

Silver Moon, Silversea Cruises' newest ship in its "ultra-luxury" fleet, was christened Thursday in Athens, Greece. The naming ceremony was held in the port of Piraeus.At 40,700 gross tons and with a maximum capacity of 596 guests, Silver Moon is the cruise line’s second Muse-class ship.Constructed by Fincantieri at its Ancona shipyard, Silver Moon is an evolution of her sister ship Silver Muse, Silversea Cruises said."The ship benefits from re-imagined public spaces, butler service in all suite categories…

Greece launched a tender on Friday to sell Hellenic Shipyards SA, the country's biggest shipyard which has been under special administration, the Finance Ministry said.The conservative government has promised to overhaul the loss-making Greek defence industry while boosting the country's defence capabilities, amid rising tension between Greece and Turkey over offshore gas resources in the eastern Mediterranean.It has said its plans include overhauling the military division of Hellenic Shipyards, which is based in Skaramangas, near Athens.Greece has said U.S.

The Netherlands based ship design and engineering company C-Job Naval Architects said it will open an office in Gdansk, Poland this July.The Gdansk office will pursue new markets particularly in the Baltic and Scandinavian region, with a particular focus on functional and detail design as well as retrofits and laser scanning, the company said. The new office will be spearheaded by general manager Slawomir Graban.C-Job currently has seven offices worldwide with its headquarters on the outskirts of Amsterdam.

Another major maritime trade fair has been called off due to health concerns and travel challenges brought on by the coronavirus pandemic. Posidonia 2020, originally planned for June 2020 and subsequently postponed to October 2020, has been canceled."We have reached this difficult decision following close consultation with many exhibitors and with our shipping community stakeholders, after assessing the current state of COVID-19 in countries around the world," the event's organizers…

This morning it was announced that the Posidonia 2020 exhibition, scheduled from June 1-5, 2020 in Athens, Greece, has been rescheduled to October 26-30, 2020.

C-Job Naval Architects is set to open an office this spring in Athens, Greece. C-Job veteran Nikos Papapanagiotou will take on the role of General Manager and will lead the new office in Athens. He said, "C-Job has seen significant growth over the past few years in both the industry as well as in the demand for our services. To enable us to continue to meet this demand now and in the future, we are opening an office in Athens."C-Jobs has a strong track-record in several industries including ferries, dredging, offshore (wind) and mega yachts.

The shareholders of the dry bulk shipping company based in Athens, Greece, DryShips,  voted in favor of the proposal to authorize and approve the previously announced agreement and plan of merger with SPII Holdings.SPII, a company controlled by DryShips’ chairman and CEO, George Economou, would acquire the outstanding shares of common stock, USD 0.01 par value, of the company that it does not already own for USD 5.25 per share in cash, without interest.In connection with the completion of the transaction, the DryShips’ common stock will cease to trade on the Nasdaq Capital Market and will be delisted.Evercore acted as financial advisor and Fried…

BIMCO’s Chief Shipping Analyst, Peter Sand, will be speaking and providing the audience with unique insights on the container market at the European Shipping Seminar on November 27, 2019 in Athens, Greece.The European Shipping Seminar, hosted by S&P Global Platts, will discuss the various topics relating to the commercial shipping markets and take a deep dive into how the shipping industry will navigate its way through the uncertain environment of the IMO 2020 Sulphur Cap.Container shipping outlookBIMCO has persistently stressed that trade wars and protectionism are negative for shipping.

To say this book is a collection of research would be an understatement. “Contemporary Ideas on Ship Stability: Risk of Capsizing” is more like a preservation of knowledge covering the last nine years.Dr. Vadim Belenky, a naval architect in the Simulations and Analysis Branch at Naval Surface Warfare Center, Carderock Division, was the editor in chief for the book, the chapters of which are papers from engineers, naval architects and professors from around the world. Belenky himself co-authored four of the papers…

SHIPLYS (Ship life cycle software solutions) is a three-year project that started in September 2016. The project is in response to needs of SME naval architects, shipbuilders and ship-owners, who, in order to survive in the world market, need to improve their capability to reduce the time and costs of design and production. SHIPLYS provides these improvements by developing functionality that includes rapid virtual prototyping and the ability to factor in LCCA (Life Cycle Cost Analysis)…