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The Lighthouse of Andros Island, Greece, a Symbol of its Glorious Shipping Past

On the Aegean island of Andros, Greece, a lighthouse emerging from the water like a strange sea creature is one of the most famous spots on the island. The Tourlitis lighthouse, which is located at the northernmost extreme of the...

Greeks Return to Worshipping Gods of Ancient Greece

Some Greeks have returned to worshipping the ancient gods, as groups dedicated to the adoration of the Greek Pantheon spring up across modern-day Greece. Several different organizations and events exist that are working to create modern forms of celebration and...

Liberty Ships: The “Ugly Ducklings” that Transformed Greek Shipping

Liberty Ships, first built during World War II,  transformed the Greek shipping industry. By Lia Mageira “Your safety altogether depends upon the sea.” Xenophon, 4th century BC, Greek historian and philosopher. During World War II, between 1941 and 1945, a total of 2,711...

Greek Tanker Owners Still Dominate Shipping World Despite "Catastrophic" 2020

The economic publication New Money rates Greek shipowners as still the most dominant group in the world of shipping, according to a new article, despite the widespread economic devastation wreaked by the coronavirus lockdowns this year. Despite acknowledging that shipping as...

Greek Shipping Dominates World Despite Covid-19 Pandemic

Despite the coronavirus crisis that has affected the entire world, Greece remains among the top five ship-owning nations -- along with China, Japan, Singapore and Hong Kong -- with Greek ship owners controlling 20.67 percent of global shipping capacity...

Key Players in Shipping Industry to Gather in Athens for Capital Link Forum

Key players in the shipping industry, including influential members of the financial community such as commercial and investment bankers, will gather in Athens on February 20 for Capital Link’s 11th Annual Greek Shipping Forum. The Forum, which will be held...

Greece's Shipping Dominates in Europe, in High Demand Worldwide

Greek shipping dominates in the European Union with 53 percent of vessels belonging to Greek tycoons, while at the same time Greek ships account for 21 percent of the global fleet, according to Naftemporiki newspaper. The figures come from the...

Greece’s Piraeus Bank Explores Asian Pacific Partner for Shipping Financing

Piraeus Bank, Greece's largest lender, announced last week that it is exploring a potential strategic partnership opportunity with a major Asian Pacific financial conglomerate, to provide financing solutions for Greek shipping companies. “This pioneering initiative forms part of Piraeus Bank’s...

Key Players in Shipping Gather in Greece for Capital Link Forum

The tenth annual Capital Link Greek Shipping Forum held in Athens last week attracted 1,200 key players in the shipping industry, including influential members of the financial community. The Forum, established in cooperation with the New York Stock Exchange and...

Athens Hosts Annual Capital Link Greek Shipping Forum

The 10th Annual Capital Link Greek Shipping Forum opens in Athens on Friday at the Hilton Athens Hotel. The Forum was established in cooperation with the New York Stock Exchange and Nasdaq. It connects 1000 key players in the shipping industry,...

Greek Shipping is First in The World in Vessel Value

The Greek shipping has risen to first place in the world as measured by the value of its vessels, the ''VesselsValue'' data company announced earlier this week. Shipping vessels owned by Greek companies reached $105 billion (€92 billion) in value in...

Shipping Magnate Pericles Panagopoulos Dies at 83

Pericles Panagopoulos, the 83-year old Greek shipping magnate, died in the early hours of Tuesday, according to a social media post made by a member of his family. Panagopoulos was born in 1935 and is considered one of the most...

UK's Shipping Line P & O to Register Fleet in Cyprus after Brexit

Britain's shipping line P&O has announced it will be re-flagging its entire UK-registered fleet to Cyprus ahead of Brexit, in order to keep its tax arrangements within the European Union. P&O had said in December that it would re-flag just...

English Shipping Company Registers Fleet in Cyprus Due to Brexit

P & O Ferries, a British shipping firm, has decided to register its entire English Channel operating fleet in Cyprus, a company spokesman told the Cypriot state-run CNA news agency on Friday. The decision follows the initial re-flagging of two of...

Fifteen Greeks Among Lloyd's Top 100 Influential People in Shipping

Fifteen Greeks are included in this year's top 100 most influential people in global shipping, according to the 2018 Lloyd's List. Greeks also have the largest number of individuals on the list per nation; next are the Chinese shipowners,...