
In a few hours the process of transferring the crude oil from the tanker “Ice Energy” to the Iranian tanker “Lana” at its mooring in Piraeus will begin, as the the Supreme Court has rejected, as was expected, the appeal of the shipping company Times Navigation against the Iranian tanker “Lana”.
Times Navigation had chartered two tankers to transport the 104,000 tons of crude carried by Lana to the USA, after an initial court decision, which, however, was appealed and overturned. Times Navigation challenged the appellate decision, but the Supreme Court ruled that Times Navigation request was invalid and not justified.
It is estimated that the transfer will be completed by the beginning of next week, and then the Iranians will initiate the procedures for the release of two Greek-flagged ships being held in retaliation for the “Lana’s” seizure by the Iranian authorities in the Persian Gulf.
Information already indicates that there is movement near the Greek ships as a representative of the Greek Ministry of Foreign Affairs is in the area to monitor the whole case.
The Greeks are in good health, but they are under some duress from being detained on the ships for such a long time.
The two Greek-flagged tankers detained are the Delta Poseidon of the Delta Tankers company of Diamantis Diamantis and the Prudent Warrior of the Polembros Shipping Limited company, owned by Spyros Polemis. On the Delta Poseidon there were 25 crew members of which two are Greeks and on the Prudent Warrior there were 23 crew members of which 8 are Greeks and one Cypriot.


Latest News

Travel Revenues up 5.4% in Dec. 2024: Bank of Greece
Visitors from Germany, Italy and the U.S. made up the bulk of visitors to Greece, while tourists from the EU27 members accounted for 54.6% of the aggregate receipts in December 2024.

Greece’s Retail Sector Turnover Sees 2.4% Growth in 2024
Among the regions, the North Aegean recorded the highest turnover growth in 2024, with a 3.8% increase, followed by Attica with 3%.

Greece Reallocates Emissions Funds, Prioritizing Industry Over Consumers and Green Transition
Greece shifts €152 million in emissions funds to aid energy-intensive sectors like aluminum and steel at the expense of support for consumers, renewable energy and the green transition.

Santorini Tourism Union Demands Emergency Support Amid Cyclades Seismic Crisis
The Greek government is reportedly considering a mini support package for Santorini, to be activated if the island's seismic activity persists for an extended period.

Societe Generale Says Greek Stock Market Appealing
The French multinational bank and financial services company firm highlights notable differences in equity risk premiums between Eurozone core and peripheral countries

Greece a Safe Destination, Says Tourism Minister Kefalogianni
The Minister noted that Santorini was geologically unique, reassuring everyone that the Tourism Ministry was in close cooperation with experts to monitor the situation and take appropriate measures

Life Expectancy Rise in Europe Slows Down – Greece, UK Record Highest Declines: Lancet Medical Journal
Poor diet and lack of physical activity are seen as key factors contributing to the negative trend.

Capital Ship Management and Lloyd’s Register Complete the World’s First Tanker On-shore Power Supply Compatibility Assessment
This innovative project marks a significant step forward in the transition towards sustainable port operations

Greek Airports See 12.6% Surge in Passenger Traffic in January 2025
The steady extension of the tourist season is fueling optimism, highlighting Greece’s strong position as a top global destination

Greek Foreign Minister Gerapetritis to Meet U.S. Counterpart Rubio in the U.S.
Greek FM Gerapetritis will be in the U.S. to speak before the United Nations Security Council in New York on Monday and Tuesday, focusing on the war in Ukraine and developments in Syria.