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Yiannis Latsis’ Neraida Returns to Familiar Waters

Six decades after its first trip around the Argosaronic Gulf, Yiannis Latsis’ historic passenger ship Neraida returns to its traditional destinations as a floating museum of business history. In the...

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China Magnet for Greek Shipping Magnates

According to the Wall Street Journal, Greek shipowners, are more and more moving their financing and ship orders to China, given the cheap credit and lower shipyard costs there. As stated in the...

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The Striking Yacht of Abramovich Arrives in Crete

The luxurious yacht “Eclipse” of Russian Roman Abramovich, is located in the Venetian Port of Chania in Crete. The yacht was anchored northeast of the harbor entrance, so as not to obstruct the...

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Four Greek Companies on World’s Best Multinational Workplaces List

The market research company “Great Place to Work” announced the top 25 multinational companies, through the annual international list- World’s Best Multinational Workplaces 2013. These companies have...

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Royal Visit From Bahrain to Crete

Members of the royal family of Bahrain are in the luxury yacht which sailed into the port of Kissamos in Chania, Crete. The yacht named “My Alwaeli” is surrounded by  Greek Coast Guards and security...

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Greek Coastguard Halts Ship Carrying 20,000 Kalashnikov’s

According to sources, the cargo ship “nourm” flagged with Sierra Leone, transferred a large amount of weapons. It was identified yesterday evening near Imia and was escorted to the port of Symi this...

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Investigation on the Cargo Ship Full of Weapons

A cargo ship with the Sierra Leone flag was found near Imia last Thursday. The Coast Guard was alerted by the ship’s peculiar course and proceeded to escort it to the port of Rhodes, where today,...

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Marine Circulation Taxes

The Minister of Mercantile Marine–Miltiadis Varvitsiotis–presented the new regulation for circulation tax on pleasure crafts comparing it to road tax. While justifying this amendment in front of the...

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Circulation Tax in Greek Waters

Greece recently announced a new law that enforces taxes for circulation in sea. Anyone who thought of sailing through Greek waters this year will first have to read the following information...

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New Ferry Link: Cyprus to Greece

  Cyprus’ Government opts for the opportunity to create a ferry line that will link Cyprus and Greece and pushes towards this direction. “We are examining every possibility and evaluating our economic...

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Merchant Marine Academy of Macedonia at a Stalemate

The Merchant Marine Academy of Macedonia, Greece, has reached an operational stalemate. The facilities that are right now accommodating about a thousand students and who will in the future become...

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Greeks Taking Over Lloyd’s List

The British newspaper Lloyd’s List has published its list of the top 100 most important entrepreneurs in the world of shipping. John Angelicoussis, head of Angelicoussis Shipping Group, was featured in...

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First Cruise Liner of 2014 Berths at Piraeus

  The first cruise liner of 2014 to arrive at the Greek harbor of Piraeus was the Costa Deliziosa with 2,890 passengers. The administration of Piraeus Port Authority (OLP) organizes a special event for...

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Greek Fleet One of the Best in the World

Greek shipowner companies are extremely busy during the first month of 2014, buying second-hand ships and also ordering newly manufactured ones to further increase their fleets. During the first ten...

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Piraeus, Fastest Growing Port in 2013

The total number of containers handled in 2013 at the port of Piraeus exceeded all expectations, making Greece’s largest port the fastest growing in the world. According to an article in Greek...

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Greek Shipowners Consider New Tax Unconstitutional

The Finance Ministry tax initiative that tripled the capacity tax on all vessels in Greece has caused the intense reaction of the Greek Shipowners Union. The president of the union, Theodoros Veniamis,...

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Greece Wants Greek Ship-Owners to Contribute More

According to Posidonia Exhibitions SA, Greek ship-owners set a new record of orders to shipbuilding companies in 2013. The number of orders made by Greek ship-owners is estimated at 25 percent of the...

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Luxurious Greek Yachts Remain Unsold

Many luxurious yachts belonging to Greek tycoons remain unsold, many of which were built by some of Greece’s most famous. The luxurious past of these yachts and their historic connection with the...

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Seamen to Drop Anchor Over Unpaid Wages

The executive board of the Panhellenic Seamen’s Union (PNO) decided on Friday to immobilize ships whose owners owe back-pay to their employees.

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Greek Seamen Continue Strike

The Panhellenic Seamen’s Union (PNO) decided to extend its ongoing strike for one more day and immobilize ships from 6 a.m. on

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