Greek shipowners’ major cash-out – 316 ships up for auction
Tsakos, Frangos, Laskaridis, Lentoudis, Pistiolis, Patitsas, Prokopiou and other major groups are taking advantage of the rally in asset values — The five largest Greek tanker sellers had already completed $1.71 billion in transactions, with the proceeds being reinvested in younger vessels and newbuildings
Passenger ferry collides at the port of Mantoudi; departure prohibited
The vessel was carrying 77 passengers, 20 cars and one motorcycle
Very few ships are now passing through the Strait of Hormuz
Only eight vessels transited the strategic waterway on Thursday—half the number recorded on Wednesday
