67% of Piraeus Port Authority Goes to Cosco

Cosco will now own 67% of the Piraeus Port Authority (OLP), as the Hellenic Republic Asset Development Fund (TAIPED) unanimously declared the company as...

Greek PM Visits Iran for ‘Strategic Cooperation’

Greek Prime Minister Alexis Tsipras said his official visit to Tehran aims at establishing economic, trade and energy ties between Iran and Greece, and...

Bulgaria Complains About Blockades in Borders with Greece

Bulgaria has complained to Greece and notified Brussels about the continuing blockade of the Greek-Bulgarian border checkpoints as a result of the protests of...

Thirteen Greeks on LLoyd’s Top 100 List

Thirteen Greeks are on Lloyd's Top 100 List of most influential personalities in the competitive shipping industry. John Angelicoussis is at number 5 of the list,...

Greece Leads in Shipping, 13 Greeks Among Top 100 Ship Owners

Greece continues to be on top of worldwide shipping in 2015, while 13 Greek shipowners are among the 100 most important in the industry. According...

Bomb Blast in Athens Followed by Bomb Threat Farce on Ferry

Passenger ferry Evia Star was evacuated on Tuesday morning following a bomb threat, according to Greek authorities. After an anonymous call warning of an explosive...

Egypt Impressively Inaugurates Suez Canal Expansion- Greek PM Present at Ceremony

The Suez Canal expansion was inaugurated with a lavish ceremony and the presence of various world leaders. Dressed in a military uniform, Egyptian President Abdel Fattah...

Greek Ferry Companies Seeking to Move Abroad

The economic and political uncertainty in Greece is forcing many Greek shipping companies to consider moving their ferries to other seas. Recent political developments, capital...

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...

The Heart of European Shipping Beats in Piraeus

Maritime industry representatives, the officials who formulate maritime policy in Europe's ports, will arrive at the port of Piraeus from May 28 to 31, to celebrate the European...

Amicable Settlement with Cosco not Affected by EC Decision, Piraeus Port Authority Says

A European Commission decision issued on Monday that orders Greece to recover incompatible state aid from Piraeus Container Terminal (PCT) does not apply...

Reuters: Greek Banks Offloading Shipping Debt to Shore Up Capital

Greek banks are considering offloading part of their shipping debt portfolios worth billions of dollars in a bid to shore up their capital, Reuters...

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