Several Greek carriers, according to news media The Shipping Herald, are investigating the possibility of moving their businesses from Greece to Cyprus, London or Singapore. This is mainly due to the legal problems that have arisen after the banks were closed last week in Greece and following the implementation of capital control.
According to The Shipping Herald's sources, a number of large Greek carriers have been in contact with Cypriot shipping companies in particular to investigate their possibilities of moving, and carriers such as Diana Shipping, Navios, Star Bulk and Delta are mentioned among the companies that are considering this, based on the prospect of the financial crisis in Greece getting even worse.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
Coal comeback prompts new trend within dry bulk: "It’s unfortunate for the climate, but it’s necessary right now"
Demand for coal is soaring in Europe due to Russia’s invasion of Ukraine, and the new market supports dry bulk carriers, say the chief execs of Lauritzen Bulkers, Ultrabulk and Golden Ocean to ShippingWatch.
Maersk Broker ready to mobilize within tanker: "Of course, we want to be part of it"
The tanker market has adjusted more rapidly than expected. Maersk Broker therefore wishes to expand business within tanker, requiring a strengthening of the organization, say top executives in an interview with ShippingWatch.
One alternative fuel may be particularly dangerous
In a new study – which Maersk, Shell, Euronav and MSC Ship Management, among others, are behind – the new alternative fuels are ranked based on how dangerous they are. The industry has to be careful with one of them, in particular.
Dan-Bunkering achieves billion-dollar revenue – set to focus on new acquisitions
Dan-Bunkering, part of fuel supplier Bunker Holding, last year saw a significant boost in revenue, with earnings coming in more flat. The bunker company will focus on mergers and acquisitions.
Analyst firm seeing signs of weakening container spot rates
Spot rates on the container market have declined in the past two weeks. The likelihood of a bigger drop in rates has increased, according to Sea-Intelligence.
IT Operations & Project Lead 
Crewing officer 
Safety Leadership & Transformation Manager 
Head of Vessel Operations 
Senior Legal Counsel with a focus on Offshore Renewables 
Senior Sales Manager 
Head of Airfreight