Shipyard
Business
The U.S. Bails Out Elefsina Shipyard in Greece with $125 Million Loan
The Elefsina shipyard in Greece has entered into a financial agreement for a $125 million loan with the US International Development Finance Corporation (DFC) to upgrade and modernize its aged facilities.
The shipyard, just outside Athens, is attempting to be...
Greece
American Company Takes Ownership of Historic Greek Shipyard
The official handing over of the reins of ownership of Syros Island's venerable Neorio shipyard to the company "ONEX Syros Shipyards" was marked by an official inauguration ceremony held on Wednesday.
Established in 1861, the Neorio Shipyard was the very...