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LNG

Greece’s Shipping Fleet in the Top 3 Worldwide

Japan, China, and Greece remain leaders in global shipping in terms of fleet value, leading shipping publication Veson Nautical reported this week. In the annual list of the world's top ten fleets presented by the company's VesselsValues, Japan ranks first...

Greece’s Alexandroupolis FSRU to Receive First LNG Cargo

The floating storage regasification unit (FSRU) at Alexandroupolis, Greece is expected to receive the first shipment of liquefied natural gas (LNG) on Saturday establishing the northern city as an energy hub for Southeastern Europe. The FSRU will be connected to...

Florida Rep. Gus Bilirakis Highlights Importance of Greece as Energy Hub

On Monday, Greek-American Congressman Gus Bilirakis hailed the Greece-US energy alliance and noted that what is good for Greece, Cyprus, and Israel is also good for the US. In a video message to the 33rd Greek Economic Summit taking place...

Greece Becomes a European Hub for Liquefied Natural Gas

Greece is becoming a European hub of liquefied natural gas (LNG) as demand grows in the wake of the war in Ukraine, PM Kyriakos Mitsotakis told an international conference on LNG held in Athens on Wednesday. Mitsotakis presented the new infrastructures...

Biden, EU Agree Gas Deal to Curb Reliance on Russia

US President Joe Biden and the EU President Ursula von der Leyen announced on Friday a major deal on liquified natural gas, in an attempt to reduce Europe's reliance on Russian energy. The agreement will see the US provide the...

Greek Shipowners Rule Global LNG Carrier Market

Greek shipowners control more than 22% of the global liquid natural gas (LNG) carrier fleet in deadweight tonnage terms, says a new report from the consultancy firm VesselsValue. The report says that the Greek-owned fleet consists of 135 LNG tankers,...

Greece in Race to Reduce Energy Dependence on Russia

Greece is in a race to reduce energy dependence on Russia following Moscow's invasion of Ukraine, Prime Minister Kyriakos Mitsotakis said on Tuesday. Speaking in Parliament Mitsotakis said: “We cannot rule out attempts by Russia to blackmail. We all realize...

US Ambassador Vows to Strengthen US-Greece Strategic Relationship

    “The cooperation between Greece and the United States must become even stronger and I know that it is President Biden’s intention to further deepen the Greek-American strategic relationship,” stated US Ambassador to Greece Geoffrey Pyatt on Wednesday. The ambassador made...

Greek Tanker Owners Still Dominate Shipping World Despite "Catastrophic" 2020

The economic publication New Money rates Greek shipowners as still the most dominant group in the world of shipping, according to a new article, despite the widespread economic devastation wreaked by the coronavirus lockdowns this year. Despite acknowledging that shipping as...

Import of U.S. Liquefied Natural Gas to Greece Begins

The first batch of US liquefied natural gas (LNG) will be delivered to Greece near the end of the year as part of an agreement between Greek gas corporation DEPA and the U.S.' Cheniere Energy, the Greek Environment and Energy...