Greece rolled out the red carpet for the 19 - 21 June visit of China’s Premier Li Keqiang in anticipation of him adding more substance to Greece's financial recovery.

The Greek coast guard and police working with the US Drugs Enforcement Agency have discovered around two tonnes of heroin hidden in warehouses and private homes with a street value of over EUR400m ($543m).

Three established players in the insurance market have combined to meet the needs of a niche but significant sector of the Asian and Mediterranean shipping market.

Newlead Holdings has announced that it will be seeking damages from investor Ironridge, alleging that the US fund manipulated the shipowner's stock price.  

The Marshall Islands flag is celebrating having pushed by the 100m gt mark globally this week at Posidonia 2014, boosted by its strong presence in the Greek market which accounts for roughly 25% of its fleet.  

A hectic week at Posidonia 2014 is drawing to a close and we take a look back at what some of the top people in shipping had to say about their business, the state of the markets and more.

In a stirring Posidonia 2014 opening speech, Greek Prime minister Antonis Samaris paid tribute to the sea and seafaring as defining “the essence of Greece, its history and unique civilization.”

For sometime it has been claimed Posidonia is the world’s most prestigious shipping exhibition. This is not only because of the exhibition itself, which this year breaks all records, but because of the opportunity shipping people have to meet...

With two weeks to go till Posidonia 2014 Seatrade Global kick's off its coverage in the run up to the event with a look at how the Greek government is courting Chinese shipyard investors.

While some shipping communities many be sitting on the fence just now considering whether now is the time to make a final move into the new ship market, many leading Greek shipowners have expressed their view in cash terms.