Golden Destiny Shipbrokers Reports Greek Shipowners Purchased 26 Vessels in October

According to data from Golden Destiny shipbrokers, Greek shipowners are slowly making their way back to the buying market, purchasing vessels for their fleets. The...

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...

Thessaloniki Port Tender in Process After Opposing Minister Leaves

The replacement of former shipping minister Theodoros Dritsas signified that procedures for the privatization of Thessaloniki Port Authority (OLTH) are restarting. The procedure for the...

Greece Could See Tremendous Profit from Japanese Shipping Companies Merging

On Monday three Japanese shipping companies announced their intentions to merge, which would result in creating the third largest company of shipping companies with...

Greek Shipowner Arrested and Hospitalized Following Dutch Warrant

Shipowner Yiannis Karageorgis, aged 66, has been arrested following an international warrant issued by Dutch authorities. He is facing charges of fraud, forgery and...

Who Are the Greeks Affected by the Hanjin Fall Described as a Lehman Moment...

"The fallout of Hanjin Shipping is like Lehman Brothers to the financial markets," said Gerry Wang, Seaspan Corp. Chief Executive Officer, adding that the...

Greek Shipowners Continue to Fly Greek Flags on Fleets Despite Obstacles

A number of Greek shipowners are supporting local shipping despite the economic crisis. Despite the more expensive price of bearing the Greek flag and...

Greek Lighthouses Open to Public on Sunday

Greece’s Navy is opening 30 lighthouses around the country to the public on Sunday (August 21) as part of the International Lighthouse and Lightship...

Greek Authorities Freeze SKAI Media Owner’s Assets

Greek authorities on Wednesday proceeded with freezing the assets of businessman Yiannis Alafouzos, following tax audits that showed 50 million euros that were not...

Philippos Niarchos Travels Incognito to Stavros Niarchos Landmark Venue

Greek tycoon Philippos Niarchos is in Athens. An exclusive report in Greek newspaper Proto Thema states that he arrived at the Stavros Niarchos Foundation...

Cosco Sends Containers to Slovenia Due to Greek Railway Strike

Cosco has decided to transfer its containers to the port of Koper in Slovenia from Piraeus in order to deal with the Greek railway...

China and Greece Vow for Further Cooperation

China and Greece vowed on Tuesday to well implement the Piraeus Port project and make it an important part of the bilateral cooperation on...

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