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Greek-Owned Fleet Worth More Than Japan's, China's – Report

Greece has always been a maritime nation but new data reveal how its fleet of ships is now worth more than that of Japan and economic powerhouse China. With an owned fleet worth just shy of $100 billion, Greece tops...

Piraeus Port Gets Ready To Welcome Mega Vessel

Greece’s shipping industry is showing serious signs of growth as a Piraeus port in the throes of a multi-million-euro expansion prepares to welcome an enormous new Chinese container ship. The Hong Kong-flagged Cosco Shipping Aries is due to dock at...

Capital Link Greek Shipping Forum to be Held in Athens

Capital Link is hosting its 9th Annual Greek Shipping Forum “Opportunities & Challenges”, on Thursday, February 8th, 2018 at the Divani Caravel Hotel in Athens, Greece. The Forum held in cooperation with NASDAQ and the New York Stock Exchange will...

Greek Authorities Probing 'Floating Bomb'

A mysterious ship carrying 410 tons of potential explosives seized near Crete is being searched by the authorities, as its owner warns any accident "could turn half of Heraklion into the Sahara desert". Andromeda, a Tanzanian-flagged cargo vessel intercepted while sailing...

Two of the Top 10 Greek Shipping Magnates are Women

Angeliki Frangou Two Greek women, Angeliki Frangou and Despina Panagiotou Theodosiou, are among the top ten women in the shipping industry for 2017, according to the annual Lloyd's List. Angeliki Frangou, ranked 3rd, is head of the Navios shipping group. After...

Greek Shipping Companies Allegedly Involved in Brazilian Bribery Scandal

Brazilian authorities have accused ensnaring U.S. asphalt maker Sargeant Marine, six Greek shipping companies and a former Brazilian congressman in a wide-ranging graft probe. Brazilian authorities said they were investigating allegations that Greek shipping companies paid bribes to obtain contracts from...

Greece Could Become Global Maritime Capital, Says New Report

The Greek shipping industry is adapting to become a leading global maritime hub says a report by auditors Ernst & Young (E&Y), which outlines the steps that should be taken to achieve this goal. The Greek-owned fleet, with over than...

Venture Promoting Piraeus Port as Hub for One Belt One Road

Cosco, Piraeus Port Authority and Shanghai International Port Group (SIPG) on Monday joined their forces by signing to significant memorandums of cooperation of global importance. Their aim is to establish Piraeus port as a hub of the transport corridors One...

Greek Shipping Loses to Italy in the Adriatic

Ships with the Greek flag are becoming less common in the Adriatic Sea, as the domination of Italian shipping is now confirmed, a Kathimerini report says. After the exit of Minoan sealines from the Adriatic, only the Attica Group and...

New COSCO Deal Creates 'Piraeus Free Zone' With VAT-Free Spare Parts for Shipowners

A new program offering Greek shipowners VAT-free spare parts is in the makings as the Chinese Shipping company COSCO has struck a deal with a Copenhagen-based logistics and transport provider creating what is called the Piraeus Free Zone. COSCO, the...