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Greece Orders Owner to Remove Wreck After Grounded Cargo Ship Sinks

Greek authorities are investigating the circumstances of a cargo ship that sank off Crete on August 19 nearly a month after the vessel grounded and while a salvage operation was underway, The MN Kostas (5,800 dwt) however has been declared a shipwreck and maritime hazard with the Hellenic Coast Guard reporting the owner has been informed and ordered to remove the hulk. Pictures from the site show the 106-meter (348-foot) vessel’s bow and forward…

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TradeWinds | Latest shipping and maritime news broke the news in on Thursday, August 21, 2025.
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