shipping

Greek shipping dominates in the European Union with 53 percent of vessels belonging to Greek tycoons, while at the same time Greek ships account for 21 percent of the global fleet, according to Naftemporiki newspaper. The figures come from the...

Piraeus Bank, Greece's largest lender, announced last week that it is exploring a potential strategic partnership opportunity with a major Asian Pacific financial conglomerate, to provide financing solutions for Greek shipping companies. “This pioneering initiative forms part of Piraeus Bank’s...

The Piraeus Port Authority (OLP) announced on Friday that the company's net profit for 2018 was 147 percent higher than what it had earned in 2017. The Authority noted in a statement that its profits before tax amounted €42.3 million...

Greece's Central Archaeological Council (KAS) derailed the multi-million euro investment program of China’s Cosco Shipping consortium on Tuesday, ruling that some proposed projects at the port of Piraeus would affect archaeological sites. In a marathon discussion lasting until midnight, KAS, in a...

The Greek-owned fleet and the number of vessels under the Greek flag were slightly reduced during the last twelve months, according to data included in the 32nd report of the Greek Shipping Cooperation Committee, published earlier this week. As of...

The tenth annual Capital Link Greek Shipping Forum held in Athens last week attracted 1,200 key players in the shipping industry, including influential members of the financial community. The Forum, established in cooperation with the New York Stock Exchange and...

The 10th Annual Capital Link Greek Shipping Forum opens in Athens on Friday at the Hilton Athens Hotel. The Forum was established in cooperation with the New York Stock Exchange and Nasdaq. It connects 1000 key players in the shipping industry,...

The Greek shipping has risen to first place in the world as measured by the value of its vessels, the ''VesselsValue'' data company announced earlier this week. Shipping vessels owned by Greek companies reached $105 billion (€92 billion) in value in...

Pericles Panagopoulos, the 83-year old Greek shipping magnate, died in the early hours of Tuesday, according to a social media post made by a member of his family. Panagopoulos was born in 1935 and is considered one of the most...

Britain's shipping line P&O has announced it will be re-flagging its entire UK-registered fleet to Cyprus ahead of Brexit, in order to keep its tax arrangements within the European Union. P&O had said in December that it would re-flag just...