The Greek-flagged tanker, owned by Delta Tankers and called 'Sounion', was hit by Houthi militants on Wednesday while carrying 150,000 tons of crude oil from Basra, Iraq to Corinth.
Military action comes a day after the Iran-backed militant group launched a drone attack from Yemen that killed one person in Tel Aviv
The Dendias- Borrell meeting was followed by a visit to the HQ of the ASPIDES mission for the Red Sea, located in the central Greece city of Larissa
Drought in Panama and Houthi attacks in the Red Sea are delaying deliveries and pushing up costs
Greek Defense Minister Nikos Dendias boarded the Hellenic Navy warship on Monday as it was docked off the greater Athens area
Kotsovolos and Jumbo are just two examples of Greek retailers looking to source closer to home in a bid to keep down transport costs
Rebel Houthis forces on Thursday claimed responsibility for a missile attack on the Barbados-flagged and Greek-owned bulk carrier “Lycavitos” in the Gulf of Aden. The Iran-aligned rebels first claimed, in a statement, that they targeted a “British vessel”. According to Reuters, the vessel is managed by Helikon Shipping Enterprises, which fields offices in London, Athens […]
Their attacks have prompted major shipping companies to instruct their vessels to avoid the maritime route through the Suez Canal, opting instead to circumnavigate Africa which has resulted in significantly more time-consuming and costly maritime transportation
He said a Hellenic Navy frigate will serve in a 'purely supportive and defensive role'
The EU is planning to field a military presence, primarily naval vessels, in the Rea Sea to protect shipping lanes and commercial vessels from attacks by the north Yemen-based Houthi rebels
Greek DM Nikos Dendias cited Athens' proposal to assume command of the operation, while basing its HQ in the city of Larissa
Europe is again on the front line of the latest geopolitical tensions, a development that threatens to widen the economic gap between it and the U.S.
Former US treasury secretary Larry Summers was joined in a panel discussion by Jerry Kalogiratos, CEO of Capital Product Partners, and Angeliki Frangou, CEO of Navios Maritime Partners
Athens has been closely following the situation in the Red Sea and threats to maritime shipping from attacks by the Yemen-based Houthi rebels
The Malta-flagged ship sustained “minor damage”, according to maritime sources
As reported by the Hellenic Broadcasting Corporation (ERT), Greece will deploy frigates within the framework of the International Maritime Operation Prosperity Guardian in the Red Sea
The Maritime Affairs Minister said he was in favor of greek military ships taking part in the initiative