Search results for: greece

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  • 28 December 2012

    The Trans Adriatic Pipeline (TAP) and the Greek government formally initiated the process to conclude the Host Government Agreement that will govern the group’s investment. At 1.5 billion Euros, this is expected to be the single largest current Foreign Direct Investment (FDI) in Greece. TAP is competing to deliver gas from Azerbaijan into Europe and, […]

  • 4 October 2019
    Business & Finance

    The EC approves Greece’s plans to grant USD 52 million for a new quay in the port of Igoumenitsa.

  • 11 August 2011
    Vessels

    For the first time EGL has delivered an LNG (liquefied-natural-gas) cargo to Greece. The cargo was unloaded recently in two discharges at Greece’s LNG terminal, located on the island of Revithoussa, west of Athens. EGL’s first LNG delivery to the Greek natural gas market is a further step in expanding gas activities in South East […]

  • 26 January 2015

    China Ocean Shipping Company (Cosco) held the Inauguration of the Expansion of Pier III of COSCO Piraeus Container Terminal (PCT) on January 22. In his remarks, the Prime Minister of Greece Antonis Samaras described the PCT project as the most important investment in Greece in the last decade, also saying that these projects will consolidate the […]

  • 30 August 2013

      Greek shipping industry, one of the oldest industrial branches in the country, has encountered various challenges over the recent period having in mind the on-going financial crisis.  In an interview with Panagiotis Katsoulas, owner of Greece Maritime Sophisication Ltd, World Maritime News Staff inquired about the present market situation, reasons behind the downturn along […]

  • 2 September 2013
    Business & Finance

    China’s largest bulk shipper COSCO Holdings Co Ltd has agreed a multi-million euros expansion of its container operations at Greece’s biggest port Piraeus, easing the way for the port’s privatisation. Under a deal announced by Greek officials on Monday, COSCO will be excused paying fees to OLP in return for making the investment, removing a […]

  • 22 April 2005

    Greece’s Merchant Marine Ministry presented a draft law Thursday that aims to promote the listing on the Athens Stock Exchange of Greek and foreign shipping companies or holding companies with links to the sector. The law has a twofold aim, the ministry said: to improve the investment climate of the stock exchange and to promote […]

  • 7 October 2015
    Business & Finance

    Early parliamentary elections held in Greece in September are expected to postpone the sale of a majority stake in the country’s biggest seaport by several weeks, Reuters reports. Greece will put off the sale of the port of Piraeus as the country’s ministries were overwhelmed by activities in relation to the elections which saw Alexis Tsipras and Syriza […]

  • 11 April 2013

    The Greek Parliament on Tuesday, April 9 2013, ratified the Intergovernmental Agreement (IGA) between Albania, Italy and Greece on the construction and operation of the Trans Adriatic Pipeline (TAP) project. The IGA between the three countries, which was signed in Athens on February 13, 2013, confirms the host countries’ support for TAP and their cooperation […]

  • 11 August 2011
    Business & Finance

    For the first time EGL has delivered an LNG (liquefied-natural-gas) cargo to Greece. The cargo was unloaded recently in two discharges at Greece’s LNG terminal, located on the island of Revithoussa, west of Athens. EGL’s first LNG delivery to the Greek natural gas market is a further step in expanding gas activities in South East […]

  • 1 July 2015
    Business & Finance

    The shutdown of banks in Greece has not influenced A.P. Moller-Maersk’s funding operations in the country, Danish oil and shipping conglomerate said. “We are not facing issues funding local operations. Maersk Line continues to receive incoming payments via bank transfers and cash at counter,” Maersk said in a statement. “Customers who are able to transfer from accounts […]

  • 21 March 2013

    Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company’s delegation paid a visit to Greece. A working meeting with Kostis Hatzidakis, Greek Minister for Development took place as part of the visit. The parties addressed the current status of the bilateral cooperation in the gas sector. In addition, Alexey Miller met with […]

  • 7 October 2015
    Business & Finance

    Early parliamentary elections held in Greece in September are expected to postpone the sale of a majority stake in the country’s biggest seaport by several weeks, Reuters reports. Greece will put off the sale of the port of Piraeus as the country’s ministries were overwhelmed by activities in relation to the elections which saw Alexis Tsipras and Syriza […]

  • 26 November 2012
    Business & Finance

    Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has been appointed by Petroleum Geo-Services (PGS) to support a key marine seismic survey project in Greece. Under the three month research project, ISS Greece will provide marine services to the survey vessel ‘Nordic Explorer’ and two smaller support vessels as they work along the […]

  • 1 February 2015
    Business & Finance

    It is too soon to say whether the Syriza party’s victory in Greece could, as some fear, have a damaging effect on the country’s shipping industry, but Greek shipping interests will need to monitor how the change of government might affect them on both a business and personal level before reviewing any long-term plans, international accountant and […]

  • 3 December 2013

    Greek Parliament ratified the Host Government Agreement it signed with the Trans Adriatic Pipeline earlier in June this year. The HGA sets out the framework by which the project will be realized and operated on Greek territory. This includes processes related to land easement and acquisition, the implementation of technical, safety, environmental and social standards […]

  • 4 November 2015

    The European Investment Bank informed it has signed a EUR 40 million loan with Greece’s natural gas grid operator, DESFA.

  • 3 October 2014

    The Hellenic Police have foiled a possible attack on the Union of Greek Shipowners, and Evangelos Marinakis, Capital Product Partners Chairman, the International Business Times reports. The plans for a bomb attack reportedly scheduled for this weekend were discovered during a police raid in Athens. The police arrested one suspect on terror-related charges, believed to be a member […]

  • 7 May 2010
    Project & Tenders

    ATHENS: Qatar said yesterday it was interested in investing €5bn ($6.66bn) to develop energy projects in debt-laden Greece. The two countries signed a non-binding memorandum of understanding to export Qatari liquefied natural gas (LNG) to Greece and build LNG terminals in the Mediterranean country. “I express the desire of Qatar for investments of €5bn in […]

  • 3 July 2013

    The Trans Adriatic Pipeline (TAP) has signed a Cooperation Agreement with Greek natural gas transmission system operator, DESFA. Specifically TAP and DESFA plan to enter into an agreement on day-to-day technical operation and maintenance for the Greek section of the TAP pipeline. Other joint activities will include the review of interconnection points with the DESFA […]

  • 13 October 2011

      One of the purposes of state visit to be paid by Ukrainian president Viktor Yanukovich to Greece will be bilateral cooperation in shipbuilding, reports Radio Svoboda citing MP Anatoly Kinakh, the head of Ukrainian Union of Industrialists and Entrepreneurs. “We have acquired wide experience in numerous areas, mostly in shipbuilding. It is very important […]

  • 12 November 2019
    Business & Finance

    The first EUR 100 million tranche of the 20-year loan was signed on November 11.