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...

Greek Orders for New Vessels 34% Down in 2014

Greek shipowners ordered fewer new vessels in 2014 compared to 2013. Last year, 230 new vessels were ordered, significantly less than the 348 ordered...

Two Greek Ministries Disagree Over Port Authorities Privatization

The issue of the privatization of the port authorities of Piraeus and Thessaloniki has been the subject of disagreement between the ministries of finance...

Greek Ministers Meet With Chinese Ambassador for Piraeus Port

A meeting between Greek Economy, Infrastructure, Shipping and Tourism Minister Giorgos Stathakis, Deputy Maritime Minister Thodoris Dritsas, Chinese Ambassador Zou Xiaoli and a delegation...

New Greek Gov’t to Halt Port Sale to China and Power Utility Privatization

The new Greek government will freeze plans to privatize the country’s Public Power Corporation (DEH), the energy minister said on Wednesday. Also, Greece will put...

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