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Friday, 03 July 2026

PPC: Upgraded performance in CDP assessment for climate, water, and supply chain

The global non-profit environmental organization CDP upgraded PPC Group by three notches, from “D” to “B-“, in Water Security, while retaining the “B” score in the Climate Change category. At…

Greek shipowners enter golden three-year expansion cycle

Greek shipowners are running an extensive investment programme in newbuild commercial vessels, with deliveries accelerating in recent years, according to data shared by Xclusiv Shipbrokers. From 2024 through the end…

Modernization of Chios, Lesvos and Rhodes power plants with five additional, flexible gas turbine units of 90 MW total capacity

PPC’s power generation stations in Chios, Lesvos and Rhodes islands are being reinforced with five new, flexible gas turbine units. These new, flexible units are expected to play a decisive…

Athens bourse edges higher to 17-year high

The Athens stock market extended its upward momentum on Friday, with buyers maintaining control and pushing the General Index firmly above the 2,500-point level. The Greek market, supported by positive…

Avax: New group strategy targeting 150 million EBITDA over the next three years

Greek construction group AVAX Group has set a target of 150 million euros in operating profit (EBITDA) over the next three years, as it seeks to gradually increase the contribution…

Hellas Gold: Skouries project nears production phase

Hellas Gold hosted representatives of institutional, scientific, business and industrial bodies at its copper–gold project in Skouries, Halkidiki. Visitors were briefed on the progress of the investment, which is now…

Tanker sales market shows signs of fatigue after record first half

The market for second-hand tanker transactions is showing signs of fatigue after an exceptionally active first half of the year, during which sale-and-purchase (S&P) activity reached record levels. Despite increased…

Greece prepares for the International Space Station

The countdown to assembling the scientific and technological equipment that could accompany a future Greek mission to the International Space Station (ISS) has begun, following the publication of the first…

Thursday, 02 July 2026

TEN orders second LNG carrier in South Korea; expands fleet program

Tsakos Energy Navigation (TEN) has placed an order for a second liquefied natural gas (LNG) carrier at Hyundai Heavy Industries in South Korea, with scheduled delivery in the first quarter…

Mytilineos says metals are Europe’s future; Inge Hofkens takes helm of European Metals

The European metals industry faces a packed policy agenda as Inge Hofkens, chief operating officer of multimetal recycling at Aurubis, assumes the presidency of European Metals, succeeding Evangelos Mytilineos, executive…

Public invests in AI device market

As artificial intelligence moves from theory to everyday use and becomes part of the daily lives of millions of people worldwide, Public is expanding its range of AI-powered devices, offering…

Piraeus Port welcomes Four Seasons Yacht I

Piraeus port has welcomed the Four Seasons Yacht I, the first luxury vessel of Four Seasons Yachts, as part of its scheduled calls at the facilities of the Piraeus Port…

TBDC paves the way for mutual business activity between Greece and Canada

Greece is having a new channel for business cooperation with Canada as the Toronto Business Development Centre (TBDC) expands its presence in the country, seeking to bring more Greek startups…

Greece – Malta at the UN: Terrorism at sea threatens trade, ports, and supply chains

Maritime security has evolved into a critical component of the global security architecture, as threats against vessels, ports and critical infrastructure have the potential to disrupt international trade, energy flows…

Honorary distinctions awarded by a Chinese University to Angelakos executives

Greek shipping company Angelakos (Hellas) S.A. has announced a further strengthening of its ties with China, extending its long-standing relationship with the country into the academic sphere. The company said…

Ellaktor bets on real estate and tourism

Ellaktor is entering a new phase focused exclusively on real estate and tourism, having exited construction, concessions and environmental services as part of a broader strategic transformation. With a net…

COSCO SHIPPING (Africa) inaugurates new office in Mauritius

COSCO Shipping has announced the opening of a new office in Mauritius, further expanding its presence in the African market and along key shipping routes in the Indian Ocean. The…

Intracom Defence expands international defence contracts through MBDA Partnership and Anti-Drone Missile Programme

Intracom Defence (IDE) has launched a cooperation with MBDA Deutschland GmbH that could pave the way for the establishment of a new defence electronics production facility within the next two…

Wednesday, 01 July 2026

Greek ports as strategic security and energy hubs in the Eastern Mediterranean

The strategic role of Greek ports and infrastructure in the new security architecture of the Eastern Mediterranean, as well as their prospects for further development, was analysed by participants in…

MSC Cruises sees LNG as a bridge fuel in cruise’s energy transition

The cruise industry’s energy transition will pass through LNG, but not as a final destination. Instead, it is viewed as a bridge toward renewable marine fuels. MSC Cruises is stepping…

Volos Port Authority invests in digital transformation

The Volos Port Authority is moving ahead with its digital transformation strategy, aimed at developing a modern, technology-driven and competitive port, through the deployment of a Business Intelligence (BI) system.…

IRIS launches instant cross-border money transfers across Europe using only mobile numbers

A new era in digital payments begins as IRIS Payments users can now make instant cross-border money transfers across Europe using only the recipient’s mobile phone number, without the need…

Heraklion Port CEO: Homeporting a key growth engine for Greece’s cruise industry

Greece’s cruise sector continues to post record-breaking growth, strengthening its contribution to the national economy as the development of new homeporting hubs and the digital transformation of destinations emerge as…

Europe expands defence funding with focus on dual-use technologies

Europe is directing fresh capital into the defence sector through its funding instruments, placing defence technology and innovation in critical security areas at the center of its policy agenda. The…

REVOIL posts higher profit on stronger fuel sales, margins

Greek fuel retailer REVOIL Group reported higher sales volumes, operating profitability and pre-tax earnings in the first quarter of 2026, supported by stronger commercial performance and contributions from acquisitions. Pre-tax…

Angelicoussis Group: Seafarers are the backbone of shipping industry

The Angelicoussis Group, led by Maria Angelicoussis, paid tribute to the contribution of seafarers to global trade and the day-to-day operation of the shipping industry. The group said that in…

Invel and Prodea invest in flexible living

An investment worth a total of 215 million euros for the development of 2,000 flexible living housing units in Athens is underway by Invel Real Estate and Prodea Investments. The…

Tuesday, 30 June 2026

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of the Company’s share capital participating in…

Hellas Liberty thanks COSCO Shipping for ongoing support to historic vessel

The Floating Naval Museum Hellas Liberty has expressed its “sincere and warm gratitude” to COSCO Shipping for its ongoing and substantial support in preserving and promoting the historic vessel Hellas…

Kikilias: Shipping, ports, shipyards and energy to drive Greece’s growth over next 25 years

Shipping and seaborne energy trade will play a decisive role in global developments over the coming decades, Minister of Maritime Affairs and Insular Policy Vassilis Kikilias said, highlighting the strategic…