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Greece

Shipowner Panagiotis Laimos Passes Away at 88

Shipowner Panagiotis Laimos passed away at the age of 88, after being hospitalized at Evangelismos Hospital in Athens. His funeral took place on Friday at the First Cemetery of Athens, among a very close  family circle. Laimos was born on Oinousses...

Greek Shipowners Donate 10 Patrol Boats to the Hellenic Coast Guard

The Union of Greek Shipowners (EEE) donated to the country's Coast Guard 10 state-of-the-art high-speed boats that will be built in Greece based on an Icelandic design, Prime Minister Kyriakos Mitsotakis announced on Friday. The statement was made following a...

Greek Shipowners On Alert After Oman Tanker Attacks

Greek shipowners, who control close to 25 percent of the world tanker fleet, are on alert following the attacks on two tankers belonging to Japanese and Norwegian firms in the Gulf of Oman earlier in the week. One in five...

Greek Shipowners Agree to Pay €75 Million Annually to Greek State

The Greek Prime Minister’s office issued a statement on Wednesday in which it announced that the Greek Shipowners Association has reached a new agreement with the Greek government. According to this agreement, the shipowners will have to pay annually at...

Police Arrest Greek Shipowner Alexandros Agoudimos for Unpaid Taxes

Greek shipowner Alexandros Agoudimos was detained on Thursday evening after officers discovered he had been convicted of tax-related crime. The shipowner was apprehended following a random check by the Greek police's DIAS motorcycle unit on Akti Posidonos in Piraeus. Police booked...

Shipowners Receive Lloyd's List Greek Shipping Awards 2018

The global shipping industry's prominent Greek shipowners and landline executives were awarded on Thursday at the Lloyd's List Greek Shipping Awards 2018. Paris Kasidokostas Latsis won the New Generation Shipping Award, which is open to shipowners up to 40 years...

Greek Shipowner Gerasimos Agoudimos Dies at 76

Greek shipowner Gerasimos Agoudimos has died in Lugano, Switzerland at the age of 76, his family has announced. Agoudimos came from a shipping family of the Greek island of Kefalonia. He started his career as a seaman, quickly rose through...

Seven Greek Shipowners at Top of Lloyd's International List

Greek shipping continues to be at the top of the world, despite the economic crisis that continues to plague Greece. According to Lloyd's List, Greek shipowners control about 20% of the world's dead tonnage weight (DWT) capacity with 4,600 vessels....

Greek Media Magnate, Shipowner Minos Kyriakou Passes Away at 75

Greek media magnate, shipping tycoon and former president of the Hellenic Olympic Committee Minos Kyriakou, passed away late on Sunday night at the age of 75. Kyriakou died of a heart attack, according to the Athens Medical Center official report. Born...

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 make a voluntary tax contribution in 2018. The exact size of the one-off payment was not...

Union of Greek Shipowners Attacks Schaeuble's Statements on Greece

The Union of Greek Shipowners (UGS) on Friday reacted angrily to suggestions made by German Finance Minister Wolfgang Schaeuble that the Greek government had failed to keep promises to abolish a series of tax breaks for Greek shipping. In an...

Shipowner Alexandros Goulandris Passes Away

Shipowner Alexandros Goulandris took his last breath in his home next to his children and grandchildren on Thursday morning shortly before dawn. In 1957 Alexandros' father, Nikolaos Goulandris, passed away leaving his business to his sons Yannis, twins Alexandros and...

Shipowner Arisitides Alafouzos Dies at Age 93

Arisitides Alafouzos, the owner of the Greek newspaper, Kathimerini, has died at age 93. The past business ventures of the civil engineer involved founding his own construction company in 1956 and then entering the shipping industry in 1964. He moved...