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Golden Destiny Shipbrokers Reports Greek Shipowners Purchased 26 Vessels in...
According to data from Golden Destiny shipbrokers, Greek shipowners are slowly making their way back to the buying market, purchasing vessels for their fleets. The data released showed that in October...
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No Ferry Service as Seamen’s Union Calls for Series of New Strikes
On Saturday it was announced that ferries will not be running as the umbrella union of Greek seamen, PNO will be holding a strike until 6 p.m. Tuesday. This strike is taking place as seamen are...
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Thessaloniki Port Authority Tender Will Sell-off Entire 67% Stake, Sources...
Although the original plan for selling off a portion of the Thessaloniki Port Authority (OLTH) was to reallocate only 51 percent of the stakes and to sell off the remaining 16 percent at a later date,...
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Greek Marinas Association Protest Government’s New Mooring Tax Plans
Stavros Katsikadis, president of the Greek Marinas Association (GMA) has been very outspoken about a new mooring tax that will potentially drive foreign-owned vessels to dock their yachts at other...
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Shipping Min Announces Facelift for Santorini’s Harbor
The harbor of Athinios on the island of Santorini, one of the most popular tourist destinations in Greece and worldwide, is to get a complete makeover due to damage sustained by a 62-meter pier used by...
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Greek Shipping Loses to Italy in the Adriatic
Ships with the Greek flag are becoming less common in the Adriatic Sea, as the domination of Italian shipping is now confirmed, a Kathimerini report says. After the exit of Minoan sealines from the...
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Greece is the Place to Be for Mega Luxury Yachts
Over the past several weeks at least four mega luxury yacht owners have chosen Perama, Elefsina or Halkida to undergo repairs, maintenance and even construction. Actually, unbeknownst to most Greeks,...
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“George Averof” Naval Ship to Be Revived by Alexandros Goulandris
The legendary ship, “George Averof” is beloved by all – something which she has earned in her years of service in the Hellenic Navy. It’s been 65 years since the ship was decommissioned, and she has...
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Three companies Submit Improved Bids for Thessaloniki Port’s Privatization
Greece’s privatization fund HRADF announced on Friday it has received three improved binding financial offers for the acquisition of a 67 percent stake in Thessaloniki Port Authority SA (OLTH). The...
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Wonder Cruise Ship “Majestic Princess” is in Piraeus
The cruise ship Majestic Princess of Princess Cruises arrived in Piraeus Port on Sunday to start one of a total of eight cruises this year based on Piraeus. The new ship has a 2017 construction date...
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Greek Seamen’s Union Announce Extension of Strike; No Ferry Services for 4 Days
After walking off the job Tuesday, the seamen’s union announced that same afternoon that they are extending their strike, which was originally planned to last 48 hours, for another two days. The strike...
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Greek Merchant Fleet Bigger by 90 Million Tons in 7 Years
The Greek-owned merchant fleet has grown by 90 million tons in seven years, putting the country at the top of the global shipping industry, according to Clarksons Platou shipbrokers data. Since 2010,...
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Chinese Investors First in Taking Advantage of Greece’s Golden Visa Program
The Golden Visa program is one of the most inventive projects created by Greece’s Ministry of Economy to lure foreign investors in order to help the country’s economy recover from the slump. The Golden...
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Venture Promoting Piraeus Port as Hub for One Belt One Road
Cosco, Piraeus Port Authority and Shanghai International Port Group (SIPG) on Monday joined their forces by signing to significant memorandums of cooperation of global importance. Their aim is to...
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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...
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Greece Could Become Global Maritime Capital, Says New Report
The Greek shipping industry is adapting to become a leading global maritime hub says a report by auditors Ernst & Young (E&Y), which outlines the steps that should be taken to achieve this...
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Prank Call Causes Delays in Ships departures from Santorini
A call from an unknown man warning of an explosive device inside a ship waiting to sail for Piraeus from the port of Santorini turned out to be a prank, police said on Thursday. Dozens of passengers...
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Attica Group Acquires Majority Stake in Hellenic Seaways
Attica Holdings S.A. (Attica Group) announced an agreement in principle, with Piraeus Bank and other minority shareholders for the acquisition of 39,039,833 shares in total of Hellenic Seaways...
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Yacht Engulfed in Flames off Faliro, south of Athens
A fire broke out in a yacht off the port of Faliro, about two kilometers away from Alimos Marina on Friday. The thick black smoke that rose up in the sky alerted the Greek Coast Guard who rushed to...
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Greek Shipping Company Confirms Tanker Collision with US Warship
Greek shipping company Stealth Maritime Corporation confirmed on Monday that one of its managed tanker vessels collided with a U.S. missile destroyer off Singapore. Ten sailors were missing and five...
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