
The Greek-flagged oil tanker Sounion, hit by Houthi rebels off the coast of Yemen in the Red Sea last week, continues to burn, indicating the existence of an oil spill, as confirmed by a U.S. Pentagon spokesperson today.
U.S. Air Force Major General Patrick Ryder reported that two tugboats attempted to approach the tanker, carrying approximately one million barrels of crude oil, but Houthi militants threatened to attack them.
Furthermore, Ryder expressed his concern regarding these ongoing incidents stating that they threaten global and regional trade stability, and endanger the lives of sailors, while also threatening the marine ecosystem of the Red Sea and the Gulf of Arden.
The Sounion is the third ship owned by the Athens-based Delta Tankers that was attacked this month by the terrorist rebels in the Red Sea.
The incident reportedly took place 77 miles west of Al Hudaydah, Yemen. The tanker lost power, while three fires were reported aboard the vessel with its 25 crew members abandoning it with the assistance of the EU naval mission “Shields”.
According to Greece’s Ministry of Shipping, the “Sounion” was transporting crude oil to the Greek port of Corinth, loaded at the port of Basra in Iraq.
The EU naval mission, Operation Shield in the Red Sea, announced that it had urgently evacuated the tanker’s crew while warning of the “environmental risk” posed by the incident due to the oil spill risk.
Source: tovima.com


Latest News

Trump Tariffs Jeopardize Growth: Piraeus Chamber of Commerce
The tariffs, aimed at reducing the U.S. trade deficit, are expected to have both direct and indirect effects on the European economy

EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.

The Likely Impact of Trump Tariffs on Europe and Greece
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.

Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year

Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.

Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses

Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.

Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February

Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.

Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)