The shipping company Dynacom Tankers Management Ltd., owned by Greek shipowner George Prokopiou, received another newly built tanker.
The vessel, named MT PSERIMOS, was constructed in China.
The ceremony took…
Goldman Sachs’ review of Greek banks concluded without any surprises. Analysts from the US bank, accompanied by investors who already hold long-term positions in Greek financial institutions, met on Monday…
“Supporting Greek society and protecting people is our first priority” in dealing with the effects of the Gulf War, Minister of Marine Affairs and Insular Policy, Vasilis Kikilias, said speaking…
The market for basic consumer goods is reacting calmly to the reinstatement of the profit margin cap, with industry executives telling Naftemporiki that “prices are determined by raw materials and…
All 22 Georgian crew members aboard a Greek-owned tanker with Maltese flag are reported to be in good health after the vessel was struck by what is believed to have…
Info Quest Technologies’ further expands in the AI sector with the announcement of its collaboration with Corsight AI, a company that offers artificial intelligence and advanced facial recognition solutions.
As…
Four new contracts, the first of 2026, have been signed by the Hellenic Defense Innovation Center (HDIC).
Of these four agreements, one was signed with the Center for Technological Research,…
Spot market rates for all tanker categories are currently at historic highs.
Large tankers that can carry up to 2 million barrels of crude, the VLCCs, are recording the highest…
Greek shipowners have proceeded with new shipbuilding programs in the first two months of 2026, close to the levels of 2007, when they had placed 560 new orders.
More specifically,…
Three commercial vessels, one of them Greek-owned, were hit by projectiles of unknown origin in the wider area of the Strait of Hormuz, fortunately without any casualties or injuries.
According…
The debate on the lease agreements for the granting of rights for the exploration and exploitation of hydrocarbons between the Greek State and the Chevron and HELLENiQ Energy consortium is…
AKTOR Group and ONEX Shipyards & Technologies Group signed an exclusive strategic cooperation agreement, with the aim of their joint participation in the upcoming tender for the concession of the…
Greece does not import natural gas from the Gulf region, therefore it does not face a market supply issue due to developments in the region.
War continuation would be…
The escalation of the war in the Middle East threatens to trigger a new energy shock with consequences for inflation, growth and businesses across Europe and Greece.
Damage to energy…
The oil market is now navigating between two extreme scenarios, depending largely on how the war in the Middle East evolves and whether shipping through the Strait of Hormuz can…
Greece proceeds with the upgrade and modernisation of seven Canadair CL‑415 firefighting aircraft.
During a ceremony held at the Greek Ministry of Climate Crisis and Civil Protection, in the presence…
The Port of Igoumenitsa is steadily advancing towards digital transformation and sustainable development, strengthening its role as a strategic maritime hub in the Adriatic-Ionian region and Greece’s main gateway to…
“The new European Industrial Maritime Strategy is an important step towards repositioning the shipbuilding industry at the core of European industrial policy,” stressed Panos Xenokostas, president of the Association of…
FinTHESIS, a specialized mortgage brokerage company, has announced a strategic partnership with LAMDA Development in the management of real estate.
It assumes the role of exclusive advisor for the granting…
The total estimated Gross Development Value (GDV) of projects developed by Dimand rose sharply in 2025.
More specifically, GDV reached 1.357 billion euros, up from 1.024 billion euros in 2024,…
The Greek economy is showing strong fiscal performance, resilient growth and significant progress in the labour market, yet it continues to face structural challenges and new external risks. In this…
The time has come for Greece to explore if nuclear modular reactors can play a role in its energy system, Prime Minister Kyriakos Mitsotakis said in a conference on nuclear…
Greece’s inflation rose in February with beef prices playing a leading role, even as olive oil prices have been on a downward trend for months.
Chocolate and coffee remained in…
The visit of the President of the International Propeller Club and President of Propeller Piraeus, Costis Frangoulis, to Washington from February 22 to February 26 was marked by important high-level…
Consumption in Greece is under pressure, while international developments leave little room for more optimistic forecasts.
This is highlighted in the findings of a recent study (December 2025) by Circana…
The government is planning to announce measures as early as this week aimed at supporting citizens and shielding them from profiteering practices.
Possible measures under consideration include the imposition of…
The tanker freight market rally, with rates at record highs as a result of disruptions in the Strait of Hormuz and the Persian Gulf, is unlikely to remain sustainable.
According…
The Piraeus Port Authority (PPA) is supporting the operational capabilities of the Coast Guard, within the framework of the long-standing cooperation it has developed with the security authorities of the…
The International Maritime Union in Greece welcomes the new EU Ports Strategy promoted by the European Commission, which aims to strengthen the competitiveness, safety, resilience and sustainability of European ports.…
Cosmote Telekom and Vodafone are collaborating to introduce innovative network APIs (Application Programming Interfaces) to provide businesses with seamless access to advanced security solutions to combat fraud and ensure secure…
