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China Overtakes Greece as Largest Commercial Fleet

China has overtaken Greece as the largest commercial fleet in the world in terms of gross tonnage in shipping capacity. Greece has held the title with its impressive shipped tonnage since 2014, and while it still holds first place in...

Piraeus, Fastest Growing Port in 2013

The total number of containers handled in 2013 at the port of Piraeus exceeded all expectations, making Greece’s largest port the fastest growing in the world. According to an article in Greek newspaper Kathimerini, the subsidiary of the Chinese company...

Ship Run Aground on Cyprus Coast Due to Severe Weather Conditions

A large commercial ship was forced onto the rocks in Paphos, Cyprus during a bout of severe weather early this morning, according to 'Cyprus Mail'. Police authorities said the Sierra Leone-flagged Edro III left the Cypriot port of Limassol for...