Shipping Minister Claims Piraeus Port Sale is Not Completed

Shipping Minister Theodoros Dritsas claims that the sale of the Piraeus Port to Chinese company Cosco that was signed on Friday is not completed...

Greek Fleet One of the Best in the World

Greek shipowner companies are extremely busy during the first month of 2014, buying second-hand ships and also ordering newly manufactured ones to further increase...

Yiannis Latsis’ Neraida Returns to Familiar Waters

Six decades after its first trip around the Argosaronic Gulf, Yiannis Latsis’ historic passenger ship Neraida returns to its traditional destinations as a floating...

Marine Circulation Taxes

The Minister of Mercantile Marine–Miltiadis Varvitsiotis--presented the new regulation for circulation tax on pleasure crafts comparing it to road tax. While justifying this amendment...

Onassis’ Legendary Yacht “Christina O” in Nafplio

Aristotle Onassis' legendary yacht "Christina O", a luxury boat has hosted some of the world's biggest celebrities in the past century, has been spotted...

Italian Firefighters Finally Extinguish Fire on ‘Norman Atlantic’

Italian firefighters have finally managed to extinguish all fires burning on board of ferry boat "Norman Atlantic," which was towed to the port of...

Bailout Reforms Put Heavy Pressure on Greece’s Shipping Industry

Greece's world-leading shipping industry is coming under increasing pressure to carry a big part of the new taxes the new bailout agreement requires. The Greek...

Russian Navy Warship to Reach Corfu, Before Heading to Syria

Russia’s Admiral Grigorovich warship is heading to Corfu island in the Ionian sea in an annual sojourn for the Russian military, intended to underline...

New COSCO Deal Creates ‘Piraeus Free Zone’ With VAT-Free Spare Parts for Shipowners

A new program offering Greek shipowners VAT-free spare parts is in the makings as the Chinese Shipping company COSCO has struck a deal with...

Greece is the Place to Be for Mega Luxury Yachts

Over the past several weeks at least four mega luxury yacht owners have chosen Perama, Elefsina or Halkida to undergo repairs, maintenance and even...

Greek Shipowners Extend Voluntary Deal to Pay Additional Tax in 2018

The Union of Greek Shipowners (USG) approved a proposal by its president Theodoros Veniamis on Monday, to extend an agreement with the State to...

Superyacht Catches Fire and Sinks in Ionian Sea

Superyacht Koi sunk in the Ionian waters, after catching fire early morning of September 9th. According to reports from a Greek coast guard, the 35-metre Koi...

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