Search results for: greek

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  • 4 March 2016

    The European Commission has given nod to a deal for a pipeline that will bring “new gas” to EU and “increase the security of energy supply for Southeast Europe.” More precisely, the EC has found the Host Government Agreement between the Greek authorities and the Trans Adriatic Pipeline to be in line with EU state […]

  • 2 December 2015

    Vessel movements at many Greek ports and terminals are expected to be affected by the announced 24-hour general strike in Greece on 3 December, Inchcape Shipping Services (ISS) informed. The public and private sector strike action is scheduled to start at 06:00 local time on 3 December and end at 06:00 on 4 December. “During […]

  • 6 December 2016
    Business & Finance

    A new 24-hour general strike, which could affect commercial vessel calls at Greek ports, is scheduled to start at 11 am on December 8, according to the Greek Dockworkers’ Union. Additionally, the union informed that the Seamen Union would hold 48-hour strikes until December 9, when talks will be held on possible further actions. The union said that only local ferries […]

  • 30 June 2015
    Business & Finance

    The Greek crisis that has seen global stock markets take a tumble on Monday will not have a direct impact on shipping companies, Morgan Stanley’s analyst Fotis Giannakoulis said in a report published on Monday. Giannakoulis based its argument on the fact that majority of the shipping companies with offices in Greece are not actually incorporated […]

  • 30 June 2015
    Business & Finance

    The Greek crisis that has seen global stock markets take a tumble on Monday will not have a direct impact on shipping companies, Morgan Stanley’s analyst Fotis Giannakoulis said in a report published on Monday. Giannakoulis based its argument on the fact that majority of the shipping companies with offices in Greece are not actually incorporated […]

  • 16 June 2016
    Business & Finance

    Following the Greek government’s failure to reach an agreement with the Federation of Port Workers of Greece (OMYLE) and the Piraeus Dockworkers Union, the situation in Greece has worsened, according to the International Dockworkers Council (IDC). After 20 days of striking, dockers in Greece have committed to bolster demonstrations with the hope that the Government of […]

  • 17 March 2017

    The fleet registered under the Greek flag saw a significant loss of 62 ships during the year until March 1st, 2017, equivalent to 3.7 million DWT and 2.3 million GT. The country’s fleet is now comprised of 747 ships, totaling 43.7 million GT and 75.2 million DWT, the Greek Shipping Cooperate Committee (GSCC) said in its latest report. […]

  • 9 June 2014

    As the Greek fleet expansion programme continues unabated, the world’s vessel registries are vying for the attention of the Greek owners and a slice of the 370 vessel deliveries they expect by 2016. A total of 28 vessel registries participated at Posidonia 2014, hoping to attract the attention of Greek maritime decision-makers by showcasing their […]

  • 14 April 2016

    Liberia has strengthened its position as the leading open registry of choice for Greek shipowners, according to the figures released by the Greek Shipping Co-operation Committee (GSCC). The GSCC statistics show that in the year ended with March 2016 the gross tonnage of Greek-controlled ships in the Liberian Registry increased by 995,781 gt. Liberia, with […]

  • 13 March 2013

    Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company’s delegation paid a visit to the Greek Republic. A working meeting with Antonis Samaras, the Greek Republic Prime Minister took place as part of the visit. The parties addressed the cooperation in the gas sector. Special consideration was given to Gazprom’s potential participation […]

  • 19 December 2014
    Business & Finance

    LIiberia has become the flag of choice for Greek ship owners and operators, according to Liberian Registry. Figures produced by the Greek publication Shipping & Finance, which bases its findings on data from the Marine Information Services database for Greek and Cypriot shipping companies, confirm that the Greek merchant fleet now includes 800 Liberian-flag ships. […]

  • 20 June 2014

    Greece and China have signed multiple trade and investment agreements in areas including shipping and energy worth approximately $4.6 billion, according to the Greek Development Ministry. The signings took place within the framework of Chinese Prime Minister Li Keqiang’s official three-day visit to Greece. The deals, among others, include multi-billion-dollar Chinese bank loans to build […]

  • 18 April 2012
    Business & Finance

      The Greek Shipping Co-operation Committee (GSCC) has confirmed that Liberia is the leading independent ship register of choice for Greek-controlled shipping companies, second only to the Greek flag itself. Figures just released by the GSCC show that, in the year ended 31 March, 2012, Liberia experienced a net increase of 38 Greek-controlled ships aggregating […]

  • 23 June 2016
    Business & Finance

    After being faced with a number of bad shipping loans due to a sluggish demand in the shipping industry, the Royal Bank of Scotland has received bids for its Greek ship finance business, worth around USD 3 billion, Reuters cited banking and financial sources familiar with the matter. However, problems with lending to the industry, which is […]

  • 29 June 2015
    Business & Finance

    The privileged position of Greek shipping companies seems to be jeopardized as they face higher tonnage tax. Namely, the country’s lenders are asking Greece to “increase the rate of the tonnage tax and phase out special tax treatments of the shipping industry”, Reuters reports. Based on the system currently in place, the shipping companies are enjoying lucrative […]

  • 28 November 2012

    Greek shipowners seem to be continuing with their shopping spree of second hand bulk carriers . Two vessels, CURIA and MAHA AVANTI, became property of Greek shippers last week, Lion Shipbrokers said in their latest Weekly Report. Namely, 51,029 dwt modern supramax CURIA has been sold for USD 13.9 million. The vessel was built in […]

  • 5 March 2012

      Greek tanker “Alpha 1”, carrying 1,800 tonnes of crude oil and 235 tonnes of diesel, has sank west of Athens this morning, Reuters reports. According to the coastguard officials, the 48-year-old Greek captain was killed and other 10 members of the crew were rescued. Reportedly, “Alpha 1” refueling tanker left the port of Piraeus […]

  • 12 March 2019

    Only 17 percent of the Greek-controlled 4,017 vessels were registered in Greece as of March 6, 2019.

  • 29 June 2015
    Business & Finance

    The privileged position of Greek shipping companies seems to be jeopardized as they face higher tonnage tax. Namely, the country’s lenders are asking Greece to “increase the rate of the tonnage tax and phase out special tax treatments of the shipping industry”, Reuters reports. Based on the system currently in place, the shipping companies are enjoying lucrative […]

  • 3 July 2015
    Business & Finance

    Greek shipowners are considering a move to Cyprus due to the current financial crisis in the country and possible tax hikes, a Director General of the Cyprus Shipping Chamber Thomas Kazakos told Cyprus Mail. Kazakos said that Greek shipping companies are increasingly inquiring about tax and other administrative issues in Cyprus, also noting that for the Greek […]

  • 4 March 2020
    Business & Finance

    Chalkis Shipyards and a number of Greek institutions are collaborating on a project seeking to study the potential of floating offshore wind in the Greek Seas. The WIndfloat.gr – Innovative Design of Floating Wind Plants for the Greek Seas project seeks to exploit the wind potential of the Greek Seas with the aim of boosting […]

  • 21 June 2013

    The Greek Government (the Ministry of Energy, Environment and Climate Change – MEECC) and the Trans Adriatic Pipeline (TAP) project have agreed the Host Government Agreement (HGA) in Athens. 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 […]