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‘Norman Atlantic’ Greek Victims’ Bodies to be Repatriated
The Greek victims’ three bodies of the “Norman Atlantic” naval tragedy will be repatriated with a Greek Air Force C-130, according to an announcement emerging from the country’s National Defense...
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‘Norman Atlantic’ Greek Victims Bodies Finally Arrive in Athens [Video]
Scenes bringing in mind ancient Greek tragedy were unfolded in Athens International Airport (AIA) “Eleftherios Venizelos” earlier today upon the arrival of the “Norman Atlantic” naval tragedy Greek...
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Shocking Images from ‘Norman Atlantic’ Garage [VIDEO]
The first images of the “Norman Atlantic” garage were released in a video posted on the Italian website brindisioggi.it. These first shocking images show the damage caused to the ferry from the fire...
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42 Greek ‘Norman Atlantic’ Rescuers Receive Medal
The men who responded to the distress signal sent by passenger ferry “Norman Atlantic” on December 28 when it caught fire, received a medal for their service and bravery by the Greek Minister of...
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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 a stop to the sale of Piraeus Port to...
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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 of Chinese...
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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 and shipping. A senior finance ministry...
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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 in 2013, showing a 34% year-on-year drop. According...
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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 stressed citing banking and ship-financing sources....
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Amicable Settlement with Cosco not Affected by EC Decision, Piraeus Port...
A European Commission decision issued on Monday that orders Greece to recover incompatible state aid from Piraeus Container Terminal (PCT) does not apply to any part of the Concession Agreement’s...
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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 Maritime Day 2015. The...
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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 government has agreed to raise taxes on...
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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 controls, the referendum...
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Egypt Impressively Inaugurates Suez Canal Expansion- Greek PM Present at...
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 el-Sisi sailed in the...
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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 device on the ship, police forces...
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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 to the annual “Lloyd’s List Top 100 2015,” Greek...
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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, with his shipping group being “a...
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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 Greek farmers. “We must defend the...
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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 subsequently with the European Union. Greece can...
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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 a Preferred Investor for acquiring the...
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