Dr John Coustas’ Danaos Corporation is fully shielded against the weak containership market, securing, in fact, new long-term charters, while growing its footprint in the bulk carrier industry.
In its…
The construction of Pier 6 at the port of Thessaloniki, after the re-launch of the tender, is expected to begin in the first half of 2024.
The Pier 6 expansion…
The development of offshore wind farms in Greece is on an upward track. The management of the Copenhagen Offshore Partners (COP) expressed its intention to participate in such projects during…
The European Commission “sees” Greece’s economic growth remaining high in 2023 and 2024, twice the eurozone average, primary surpluses around 2.5% over the next two years, an increase in investments…
Market representatives are wondering whether the current positive performance in the electrical and electronic goods sector, both in terms of turnover and unit sales, will continue until the end of…
Fage Dairy Products announced that its nine-month revenues rose 13.3% to 477.3 million dollars (45.09 million euros based on yesterday’s euro-dollar exchange rate) compared to 421.2 million dollars (392.78 million…
Greece will return to capital markets on Wednesday, reopening a 10-year bond issue, with a fixed interest rate of 4.25%, maturing on June 15, 2023, the Public Debt Management Authority…
Olympia Electronics announced that its new investment program, amounting to 3.5 million euros, includes automation systems, new products with the integration of AI technologies and the expansion into new markets.…
Greece’s economic outlook has improved significantly with real GDP increasing and debt falling, returning to pre-pandemic levels, according to the International Monetary Fund (IMF).
However, the Fund proceeded with recommendations…
AEGEAN recorded strong growth and profitability in the nine- month period and the third quarter of 2023 as a result of investment in new destinations, increased capacity in the overseas…
Performance Shipping, owned by the Paleos family, is considering an opening in the market for dry bulk carriers.
According to shipping sources, the US-listed company, which until now has been…
The good bilateral relations between Greece and Germany, immigration and the imminent visit of Turkish President Recep Tayyip Erdogan to Athens dominated the joint statements by Prime Minister Kyriakos Mitsotakis…
Naftomar will pay nearly 500 million dollars to build four large ammonia carriers (VLACs) at South Korea’s Hanwha Ocean shipyard.
As Hanwha reported, each ship will be able to transport…
The ports of Piraeus and Heraklion are proceeding with the energy transformation of their facilities, in order to be able to provide coastal electricity to cruise ships in the near…
The Greece-Turkey High-Level Cooperation Council will eventually be held on December 7, in Athens.
Initially, it was scheduled to be hosted in Thessaloniki, on the same date.
According to the…
Greek banks pass in the hands of private individuals as is the case with all modern and developed economies.
Therefore, the Hellenic Financial Stability Fund (HFSF) completed the sale of…
National Economy and Finance Minister, Kostis Hatzidakis, on Tuesday set the draft law “Measures to limit tax evasion” under public consultation. The consultation will run until Monday, November 27.
According…
Capital Product Partners LP has reached an umbrella agreement for the acquisition of 11 newly-built LNG carriers from Capital Maritime & Trading Corp and Capital GP L.L.C, for a consideration…
Public Power Corporation (PPC) is focusing on the production of clean energy, as another small hydroelectric plant of PPC Renewables has started its operation, bringing the number of small hydroelectric…
Greece and Turkey delegations held a fresh round of talks on Confidence Building Measures (CBM) in Ankara.
In an announcement, the Turkish Defense Ministry said that the meeting was cordial.…
Greek police has found new evidence during the investigation into the murder of AEK F.C. supporter Michalis Katsouris. It is reminded that Katsouris died in clashes with Croatian football hooligans…
Optima bank announced its nine-month results, for the first time as a listed bank on the Athens stock exchange.
More specifically, it recorded 29.7 million euro profits in the third…
The Hellenic Financial Stability Fund (HFSF) announced that it has agreed to sell its entire stake in Alpha Services and Holdings S.A., that is 211,138,299 common registered shares, corresponding to…
Hellenic Financial Stability Fund (HFSF) announced the approval of the offering of a 20% equity stake in National Bank of Greece to the public in Greece, with the upsize option…
Foreign Minister Giorgos Gerapetritis is in Brussels on Monday to participate in the Foreign Affairs Council.
Upon his arrival and referring to the situation in the Middle East, Gerapetritis stressed…
‘Body Talk’ is planning its further expansion in the Egyptian market. The Greek sportswear company has already made its debut in the Cairo market with its first physical store, while…
The government is expected to announce new measures to support mainy vulnerable groups over the next few days amid soaring prices in basic goods.
A first step will be taken…
Supermarkets are promoting a campaign of reductions in a series of basic products following significant price increases over the last month.
According to ELSTAT’s figures, in 42 categories of basic…
The management of Intrakat has already focused on the projects that Aktor has in its portfolio with changes of executives and on-site visits.
Intrakat has announced that its main priority…
Greek shipowners managed to secure long-term contracts during the two-year rally of the containerships market, and seem that they have not been affected by the prolonged correction that is now…
