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Yannis Smaragdis Works with Sony Pictures on New Film

Yannis Smaragdis officially announced his cooperation with a distribution company of Hollywood, at a press conference held at a central hotel of Athens. The...

China Raises Fund for Greek Ships

China will double to $10 billion the amount of a fund offering cheap loans to Greek ship-owners. China proposed the deal to help Greek...

NEL Lines Joins Forces with Turkish Company

Turkish company Rhea Venture Capital Investment Trust Inc. and Greek NEL Lines joined forces with hopes to acquire The Istanbul Fast Ferries Co. Inc.,...

Pirates Seize Greek – Flagged Oil Tanker

Somali pirates have seized an oil tanker carrying about $200m worth of crude oil off the coast of Oman, the vessel's Greek operator has...

Crete Plans 38-Megawatt Solar Plant with California Co. BrightSource

The Greek island of Crete is planning for a 38-megawatt solar plant.  BrightSource has been tapped to help build it. Oakland, California-based BrightSource has signed...

Greek Merchant Fleet Remains Largest in World

The Greek owned merchant fleet remains on top of the world, totaling 16.1% of the world's total shipping capacity, according to the “Review of...

Cabotage Fully Lifted In 2011

The year 2011 will be the first for the full implementation of the lifting of cabotage, following the contract signed by Minister of Maritime...

Greek Shipowners Dealing With The 25% Of World Fleet

Greek shipowners remain dominant in the sea but also in trading, doing business with the 25% of the world fleet. They stay at the...

Onassis Foundation Establishes "House of Letters & Arts"

The Onassis Foundation's "House of Letters and Arts" was inaugurated late Tuesday in a ceremony attended by President of the Republic Karolos Papoulias.  The...

Greek State Minister Paboukis Arrives in New York

Greek State Minister Haris Paboukis arrived today in New York.  He will take part in the Investor's Forum "Capital Link".  It will be held...