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21.05.26 - 12:21
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Dubai′s Shipping Hub Status Under Pressure As Some Industry Veterans Eye Greece (ZeroHedge)
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Dubai's Shipping Hub Status Under Pressure As Some Industry Veterans Eye Greece
Via Middle East Eye
Some shipping industry workers based in Dubai are looking to relocate from the UAE as a result of the US-Israeli war on Iran, one ship-owner and two industry sources familiar with the matter told Middle East Eye.
Western expats working in the maritime industry are eyeing the Greek capital, Athens , and Cyprus as potential alternatives to Dubai, given those countries' dominant positions in shipping and the favorable tax policies they offer the industry, the sources said.
via AFP
The search for alternatives to Dubai underscores how some expats, particularly westerners with easy access to Europe, do not expect the Gulf to return to its pre-war position anytime soon.
Around 2,000 vessels are trapped in the Gulf as a result of competing US and Iranian blockades of the waterway. But the shipping industry is experiencing a boom as a result of the war. The lockdown of vessels has compressed suppl...
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12.03.26 - 12:32
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Griechischer Reeder George Prokopiou trotzt Iran-Krieg - Supertanker durch Hormus (RND)
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Alle fünf Tanker der von Prokopiou kontrollierten Reederei Dynacom Tankers Management Ltd. überstanden die Passage unbeschadet. Sie transportierten saudisches Rohöl und Ölprodukte mit abgeschalteten Transpondern durch die Meerenge, um möglichst wenig Aufmerksamkeit zu erregen. Bewaffnete Sicherheitskräfte patrouillierten an Deck. Branchenkreisen zufolge belohnte Prokopiou die Besatzungen für die gefährliche Fahrt mit besonders hohen Prämien.. --- Nach Angaben aus Schifffahrtskreisen in Piräus lagen die Frachtraten auf dem Spotmarkt für einen Supertanker (VLCC) auf der Route vom Persischen Golf nach China Anfang der Woche bei rund 480.000 Dollar – pro Tag. Das ist mehr als viermal so viel wie vor Beginn des Krieges. Inzwischen sind die Preise weiter gestiegen. Eine griechische Reederin vercharterte diese Woche einen Tanker für 635.000 Dollar pro Tag.. --- Heute kontrolliert Prokopiou über seine Gesellschaften Dynacom Tankers, Sea Traders & Dynagas eine Flotte von 183 Schiffen..
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12.03.26 - 08:06
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Greek Shipping Billionaire Capitalizing On Tanker Demand Surge, Deploying Five Vessels To Strait Of Hormuz (ZeroHedge)
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Greek Shipping Billionaire Capitalizing On Tanker Demand Surge, Deploying Five Vessels To Strait Of Hormuz
Nothing like supply and demand and good ole' price as a rationing mechanism...
Greek shipping billionaire George Procopiou quickly moved to capitalize on the surge in tanker demand when war broke out, dispatching at least five vessels through the Strait of Hormuz, according to The Chosun Daily.
His move was driven by two key calculations: the massive freight rates oil-importing countries would pay to secure transport, and the lucrative fees oil producers offer to store crude at sea when onshore storage fills up.
Greek shipowners control the world's largest fleet of oil tankers. Most are leased to energy companies to transport crude globally, though in tighter markets the vessels can also function as floating storage.
To reduce the risk of Iranian attacks while transiting the strait, Procopiou's ships reportedly switched off their transponders and deployed armed guards on deck. Accord...
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10.03.26 - 14:25
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Griechenland will Atomkraft für Handelsschiffe voranbringen (DPA-AFX)
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Griechenland, dessen Reeder die größte Handelsflotte innerhalb der EU kontrollieren, will eine führende Rolle in der internationalen Diskussion über nukleargetriebene Handelsschiffe übernehmen. Das kündigte Regierungschef Kyriakos Mitsotakis am Dienstag bei seiner Rede auf dem 2. Nuklearenergie-Gipfel in Paris an, die das griechische Fernsehen (ERTNews) übertrug..
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20.02.26 - 22:09
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Capital Clean Energy Carriers Corp. Announces Pricing of €250 Million Unsecured Bonds (GlobeNewswire EN)
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ATHENS, Greece, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (NASDAQ: CCEC), an international owner of ocean-going vessels, today announced that it has successfully priced the offering of €250 million of unsecured bonds to investors in Greece (the “Bonds”) which will be admitted to trading in the category of fixed income securities of the Regulated Market of the Athens Exchange....
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