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Tuesday
09
Dec 2025
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Athens 12°C

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Greeks lead the way in tanker construction

Strong freight rates, an aging fleet and sanctions limiting available tonnage are pushing Greek shipowners into massive orders of new tankers, amid tight shipyard slots and deliveries stretching out to 2028

How a tanker bought by the UN became a floating Houthi oil depot for Russian fuel

The tanker was purchased with donations to prevent an environmental disaster in Yemen - The Houthis appear to be using the Yemen ship as their main floating tank

Mystery surrounding explosions on tankers carrying Russian oil

"Some may simply be trying to damage the oil sector and send a clear message for reasons that remain unclear. Something orchestrated and dangerous is unfolding before our eyes," note shipping industry officials