Topic
greece
Logistics Vafias-backed Stealth Maritime Orders Two More MR Tankers from HD Hyundai, Extending $1.3bn South Korea Newbuilding Drive
Harry Vafias-backed Stealth Maritime has ordered two additional 50,000 dwt MR product tankers at HD Hyundai Heavy Industries for $53m each, extending a South Korean newbuilding drive valued at around $1.3bn. The company now has at least 15 tankers under construction at South Korean yards across MR, LR2, suezmax and VLCC segments, with deliveries stretching through 2030.
Logistics Velos Tankers Nets $33 Million Profit on Sale of Vintage Aframax Velos Emerald
Greek owner Velos Tankers has sold the 2008-built aframax Velos Emerald for $50m, generating a $33m profit over its purchase price five years ago. The sale underscores the current tanker asset boom, with the vessel having been heavily involved in Russian oil trades.
Trade India-Greece discuss stronger trade, investment and supply chain cooperation: Piyush Goyal
Union Commerce Minister Piyush Goyal held productive meetings with Greece's Development Minister Takis Theodorikakos and Deputy Foreign Minister Haris Theoharis to strengthen bilateral economic ties. Discussions covered trade, investment, industrial cooperation, resilient supply chains, manufacturing, startups, and emerging technologies. Bilateral trade grew from USD 689.33 million in FY21 to USD 1,682.26 million in FY25.
Logistics Workforce Gap Threatens Greece's EUR1.35bn Shipbuilding Revival Ambitions
Greece's ambitious shipbuilding revival, backed by major South Korean partners and billions in investment, is at risk due to a severe shortage of skilled maritime labor. The country needs thousands of welders, inspectors, and engineers but faces global competition for talent. Without immediate investment in training, the 70% domestic value-added target may slip away.
Logistics Posidonia 2026: AI and Strategic Investments Shine
Posidonia 2026 in Athens sees record attendance with AI innovations and major investments making headlines. Kpler secures $1bn investment, while AD Ports Group expands into South America.
Logistics Posidonia 2026: Shipping's Largest Gathering in Athens
Posidonia 2026, the world's largest shipping exhibition, returns to Athens with record participation. The event highlights maritime security, energy transition, and geopolitical risks, drawing over 40,000 professionals.