rss icon Subscribe
desktop mobile

Greece Puts Largest Shipyard Up for Sale

Credit: Hellenic Shipyards

Angeliki Koutantou

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. International Development Finance Corporation and a Greek company have jointly expressed interest in the shipyards in Skaramangas.

(Reporting by Angeliki Koutantou; Editing by Edmund Blair)

Oct 9, 2020

 

Legal

UK Police Questioning Stowaways Involved in Tanker Incident

© Bettina Rohbrecht / MarineTraffic.com

British police were granted more time to question seven men arrested after hostile stowaways

Four Charged in Coast Guard Credentialing Scheme

© Pixel-Shot / Adobe Stock

Four individuals have been charged for their roles in a conspiracy to sell phony U.S.

US Issues Fresh Sanctions Targeting Iran's Oil Sector

© Vladimir / Adobe Stock

The United States on Monday imposed fresh Iran-related sanctions targeting the Islamic Republic's

Shipbuilding

Thrustmaster to Equip US Navy’s First Constellation-class Frigate

An artist rendering of the guided-missile frigate FFG(X). The new small surface combatant will have multi-mission capability to conduct air warfare, anti-submarine warfare, surface warfare, electronic warfare and information operations. (U.S. Navy graphic)

Thrustmaster of Texas, Inc. said it has been awarded a contract from Fincantieri Marinette Marine

Vard to Build Second Stern Trawler for Luntos

(Image: Vard)

Designer and builders of specialized vessels Vard said it has signed an agreement for the design

IRClass Classes India's First LNG-FSRU

Credit: IRClass

Ship classification society Indian Register of Shipping (IRClass) has classed India’s first

Maritime Apps