Calamos Supports Greece

Greek shipowners

Der Spiegel: Greek Shipowners Don't Pay Taxes

An article entitled "Wealth and Secrecy," published today by the German magazine, Der Spiegel focuses on tax breaks enjoyed by the Greek shipowners. According to the German magazine, Greek shipowners are ordering new ships as if there is no crisis in...

Greek Fleet One of the Best in the World

Greek shipowner companies are extremely busy during the first month of 2014, buying second-hand ships and also ordering newly manufactured ones to further increase their fleets. During the first ten days of the new year, Greek shipowner companies seem to...

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 and lower shipyard costs there. As stated in the article, Greek shippers operate 16% of the...

Greek Shipowners Will Pay Taxes

Greek shipowners, whose industry had remained untaxed despite the country's crushing economic crisis, have reportedly agreed to stay paying on their vessels registered abroad and flying foreign flag, although their other fiscal advantages will remain unchanged, a source from...

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, in the first seven months of 2011 as daily Kathimerini reports. They currently have 654 ships...