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Greek Shipping Number One in the World

Due to constant investments, which have drastically reduced the average "life expectancy" of Greek ships, the merchant fleet has increased its transport efficiency, exceeding...

Captain Christantonis Konstantinos Returns to Greece

Captain Christantonis Konstantinos, who lived aboard his empty ship in Malaga harbour since December last year, has returned to Greece. When his ship, the Arhon...

Cruise Industry Opening Up

Greece will soon see the full liberalization of the cruise industry for non-EU-flagged ships, new Deputy Development Minister Adonis Georgiadis, who is responsible for...

Greece's Shipping Sector Grows Larger and Younger

Greek shipowners placed orders for 91 new ships worth 9.4 billion USD and bought 98 used ships of all kinds, worth 3 billion USD,...

Premier Wen States China Will Support Greece

China assured Greece it will buy Greek government bonds when the debt-laden country returns to markets, a senior Greek governemnt official told Reuters during...

Chinese Νaval Flotilla In Greece After Anti-piracy Mission

Two Chinese naval escort warships arrived in Greece's Piraeus Port, for a five-day visit. The vessels are part of the fifth Chinese naval escort...

'Banks will pass stress tests'

Greek Finance Minister George Papaconstantinou on Monday appeared confident that Greek banks will be able to pass upcoming stress tests successfully and said that...

Deal by Somali pirates: $7m ransom dropped on to seized supertanker

Somali pirates freed the Greek supertanker Maran Centaurus yesterday after a plane dropped a record ransom -- estimated at US$7-million in cash--on its deck. The...