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Greek Shipping Firm Sued for Transporting Kurdish Oil

Iraq has announced it filed a lawsuit against Greek shipping firm Marine Management Services (MMS) for exporting crude oil from the Kurdistan region. The Iraqi Oil Ministry said...

Greek Shipping Magnate Arrested for Fraudulent Tax Return

Last October, a shipping magnate Lucas Ktistakis, originally from Greece, was charged for filing a fake tax return. Ktistakis pleaded guilty of charge. On...

George Soros Invests in Greek Shipping Companies

According to Soros Fund Management's latest quarterly 13F filing published on Wall Street, he expanded his business in six Greek shipping companies. It is...

Greek Shipping Minister Proposes the Lifting of the Back-to-Work Order for Seamen

Greek Shipping & Aegean Minister Miltiadis Varvitsiotis on Monday recommended to the prime minister the lifting of the back-to-work order for seamen effective since...

China Magnet for Greek Shipping Magnates

According to the Wall Street Journal, Greek shipowners, are more and more moving their financing and ship orders to China, given the cheap credit...

Greek Shipping Magnate Ktistakis Denied Bond

A Greek shipping magnate, Lucas Ktistakis, 77, who remains a fugitive more than a decade after his indictment in New Orleans in 2003 on...

German Banks Review Greek Shipping Loans

Greece's shipping industry is the world's biggest and been enjoying prosperity even during a crushing economic crisis in the country as they avoid paying...

Greek Shipping Heir Launches New Project to Save Country from Debt

Greek shipping heir Peter Nomikos has launched a new project entitled “Greece Debt Free” aiming at paying off the country’s debt.Nomikos started the non-governmental,...