Cargo ship adrift off southeast Peloponnese

A cargo ship was cast adrift off Cape Maleas in the Peloponnese on Monday after losing its rudder in turbulent waters whipped up by gale-force winds.

The Marshall Islands-flagged ship is carrying a crew of 22 people and a cargo of metal. It was sailing from Turkey for Argentina when it got into trouble off the eastern coast of the southern Peloponnese.

Big box ships see significant gains in earnings and values

The container-ship market has been showing some significant gains across both earnings and values, particularly in the post-Panamax and new Panamax segments, according to VesselsValue.
In a report issued on Tuesday it argued that the US-China trade war has had a negative impact on vessel demand.

Greek shippers take lead in LNG sector

The imposition of new environmental regulations for the consumption of low-sulfur fuel by oceangoing vessels has seen the liquefied natural gas (LNG) market take center stage in global shipping, with Greek shippers recently overtaking the Japanese as the top owners, after ordering a large number of vessels since 2018, according to a VesselsValue report published on Wednesday.

Bulgarian and Romanian Ships Fight Oil Spills in the Black Sea

Two specialized vessels, registered under Bulgarian and Romanian flags, fight oil spills in the Black Sea. They will participate in an international exercise in the aquatic environment of the Bay of Varna, organized by the European Maritime Safety Agency (EMSA).

Demonstrations take place annually and are important, as oil trafficking in the Black Sea has increased in recent years.