{"id":1790,"date":"2026-07-22T20:13:05","date_gmt":"2026-07-22T20:13:05","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=1790"},"modified":"2026-07-22T20:13:05","modified_gmt":"2026-07-22T20:13:05","slug":"iran-apparently-seizes-greek-billionaires-shipping-tanker-in-strait-of-hormuz-report-says","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=1790","title":{"rendered":"Iran Apparently Seizes Greek Billionaire\u2019s Shipping Tanker In Strait Of Hormuz, Report Says"},"content":{"rendered":"
\n

CRUCIAL QUOTE<\/h2>\n

\u201cGreece has a tradition of breaking blockades since antiquity. I don\u2019t want to go into more details, but I believe the hints are enough to understand what I mean,\u201d Prokopiou said. <\/p>\n

Read more Stella Lefty\u2014Groupon Billionaire\u2019s Daughter\u2014Scores Breakthrough Hit On Billboard Charts<\/a><\/p>\n

WHAT TO WATCH FOR<\/h2>\n

If Iran formally acknowledges holding the Kavomaleas and what conditions, if any, it sets for the crew\u2019s release or the vessel’s return.<\/p>\n

BIG NUMBER<\/h2>\n

3. If the Kavomaleas has been captured, it would be the third such vessel to have been taken by the Iranians since the start of the U.S.-Israeli war with Iran. Two container ships<\/u> operated by shipping company MSC were seized in April and its ships and crews have reportedly still not been released. <\/p>\n

Read more EU Approves Paramount\u2019s $110 Billion Warner Bros. Takeover\u2014Despite Pushback In The U.S.<\/a><\/p>\n

Key background<\/h2>\n

The Strait of Hormuz shipping channel, through which a significant portion of the world\u2019s oil flows, has been blocked by Iran since attacks on the country began at the end of February. Disagreements over control of the Strait of Hormuz\u2014which was an open international waterway prior to the start of the conflict\u2014is driving ongoing hostilities and have repeatedly derailed negotiations. The Pentagon is seeking an additional $67 billion in immediate additional funding for the war, Defense Secretary Pete Hegseth told Congress on Tuesday, and estimated the war has cost the U.S. $37.5 billion total.<\/p>\n

<\/div>\n

FORBES VALUATION<\/h2>\n

Prokopiou, worth an estimated $4.7 billion as the fifth richest person in Greece, built his fortune<\/u> through three Greek shipping companies: Dynacom, which he founded in 1991; Sea Traders, founded in 1974; and Dynagas, founded in 2004. The firms collectively operate 102 tankers, dry bulk cargo ships and liquefied natural gas carriers.<\/p>\n

Read more Did China\u2019s AI Save Hugging Face From Disaster After Open AI Hack?<\/a><\/p>\n

further reading<\/h2>\n

Forbes<\/span>Trump Says U.S. Will Bomb Key Infrastructure \u2018Any Time\u2019 Iran Shoots At Ships In Strait Of Hormuz<\/span>By Sara Dorn<\/span><\/small><\/span><\/span>Forbes<\/span>What Is Iran\u2019s Pickaxe Mountain? Trump Threatens Bombing There \u2018Pretty Soon\u2019<\/span>By Sara Dorn<\/span><\/small><\/span><\/span>Forbes<\/span>Pentagon Denies Hiding Injury Stats\u2014After Report Dozens Were Hurt In Undisclosed Iran Strikes<\/span>By Sara Dorn<\/span><\/small><\/span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"

Trump on Wednesday amped up threats to bomb key sites in Iran if any more ships were seized. <\/p>\n","protected":false},"author":1,"featured_media":1789,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nIran Apparently Seizes Greek Billionaire\u2019s Shipping Tanker In Strait Of Hormuz, Report Says - Coast to Coast Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coasttocoastmoverss.com\/?p=1790\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iran Apparently Seizes Greek Billionaire\u2019s Shipping Tanker In Strait Of Hormuz, Report Says - 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