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Wednesday, 21 May 2025

Historic speech by the President of the Union of Greek Shipowners, Melina Travlos, at the United Nations

A historic moment for Greek shipping, as well as for global shipping, was the presentation of the President of the Union of Greek Shipowners Association, Melina Travlos, as a keynote…

10-year bond spread stands at 0.76% following liquidations

Investors rushed to lock in recent gains, prompting liquidations in the secondary bond market. Market sentiment remains positive after Fitch upgraded the outlook for the Greek economy last Friday, maintaining…

PPC: S&P Global upgrade in Corporate Sustainability performance

PPC has achieved a significant 17-point upgrade in the global Corporate Sustainability Assessment (CSA) by S&P Global, receiving a score of 42 for 2024, up from 25 in 2023. Its…

Global Ship Lease: Strong profits in Q1

The listed shipping company Global Ship Lease (GSL), owned by George Youroukos, continued its strong profitability in the first quarter of 2025, as – despite the uncertainty at the international…

Hatzidakis to EU ambassadors: The Greek economy has made a robust comeback

The new image of the Greek economy and the government’s key priorities from now on were the focus of a meeting between Deputy Prime Minister Kostis Hatzidakis and the Ambassadors…

Greek-backed LNG bunkering unit debuts in the US

The first liquefied natural gas (LNG) liquefaction and storage unit in the US Gulf (formerly the Gulf of Mexico), exclusively for the refueling of ships, is being built by Seapath,…

Tuesday, 20 May 2025

Tourism: Greece’s promotion in Sweden

The promotion of sustainable tourism and the possibilities for experience travel in Greece to the Swedish public was the theme of two professional events in which the Greek National Tourism…

Alpha Bank finances four solar parks via RRF and bond loan

Alpha Bank signed a loan agreement with Consortium Solar Power Systems S.A., a subsidiary of Foresight Energy Infrastructure Partners 1 S.à.r.l. and Mirova Energy Transition 5, for the construction of…

Consumers shift to fixed electricity tariffs

Consumers seem to prefer “blue” color electricity products offering fixed prices, according to data available to “N”, while products marked with “green” and “yellow” colors, offering fluctuating prices, lost ground…

Stock Market focused on holding 1,800 points – All eyes on PPC

The Athens Stock Exchange remains at its highest levels in the past 15 years, holding above 1,800 points despite investor fatigue. The General Index has closed above the critical psychological…

Hellenic Civil Aviation Authority: Passenger traffic up 14% in Q1

Passenger traffic at the 24 airports managed by the Hellenic Civil Aviation Authority (HCAA) increased by 14% in the first quarter of 2025, compared to the corresponding period in 2024.…

Titan wraps up 75% equity sale of Adoçim in Turkey

Titan SA announced that it has concluded the sale of 75% of Adoçim Çimento Beton Sanayi ve Ticaret SA in Eastern Turkey, after having acquired the necessary regulatory approvals. The…

PPC: Two new Battery Energy Storage Stations (BESS) under construction in Western Macedonia

The PPC Group is starting the construction of two new energy storage stations (BESS) in Western Macedonia. This is the “Melitis 1” station, with a total installed capacity of 48…

Holiday home market: Sharp rise in demand and sales

2025 is expected to be another year of sharp growth in the holiday homes market throughout Greece by European buyers, according to data from Elxis – At Home in Greece.…

Mitsotakis, Guterres and Travlou at the UN Security Council on maritime safety and international cooperation

Within the framework of the Greek Presidency of the United Nations Security Council, a high-level central event on “Strengthening Maritime Security through International Cooperation for Global Stability” will take place…

PPA: Upgrade works at Piraeus port ahead of the summer season

The upgrade works on the infrastructure at the main passenger port of Piraeus are progressing rapidly, in view of the summer season and the expected increase in passenger traffic. In…

Monday, 19 May 2025

Greek oil tanker released – All crew members are safe

The tanker “Green Admire” of the Greek company Aegean Shipping, owned by George Melisanidis, sailed without any problems after 36 hours of unjustified detention. The ship had been arbitrarily “detained”…

Greeks shift to electronic payments, boosting state revenues

Year after year, more and more citizens use debit and credit cards in their daily transactions, even for low-value purchases. The shift of citizens to electronic transactions is an important…

Kostis Hatzidakis to “N”: Deep cuts in the “deep” state

The “deep” state and its problems are prioritized by the Deputy Prime Minister, Kostis Hatzidakis, in an exclusive interview with “N.” He stressed that his intention is to give special…

Unjustified and abusive detention of the Greek tanker by the Russian coast guard

The Russian coast guard, unjustifiably and abusively, detained the tanker “Green Admire” of the Greek company Aegean Shipping, owned by George Melisanidis, in the Baltic Sea, after it departed from…

How did Greece manage to pass Fitch’s test?

Amid global uncertainty, and driven by the faster reduction of public debt, the strengthening of Greece’s growth momentum, as well as the progress achieved in various sectors, Greece has successfully…

Russian gas has returned to Greece’s energy mix

The restoration of Russian gas to the country’s main suppliers is reflected in the latest data from DESFA, which was processed by Green Tank for April. This development comes a…

Greek banks ramp up financing to the shipping sector

Greek banking institutions are emerging as the main financial supporters of Greek shipping with nine banks accounting for 35% of its funding. According to the annual report of Petrofin Research,…

Stealth Maritime Corporation S.A. collaborates with Nutrigem Maritime Wellbeing Professionals

Stealth Maritime Corporation S.A. (Vafias Group) has entered into a new collaboration with Nutrigem Maritime Wellbeing Professionals, which provides health and wellness services to shipping organizations and crew management on…

Kazakh delegation visits PPA to explore partnership opportunities

A high-ranking delegation from the Republic of Kazakhstan was welcomed by the Piraeus Port Authority (PPA) S.A. at its headquarters in Piraeus, as part of an official scheduled visit with…

Friday, 16 May 2025

MagentaONE, OTE’s new commercial umbrella

OTE is rolling out its new commercial policy, following the brand change from Cosmote to Cosmote Telekom, by launching a service called MagentaONE. Magenta, which is also Telekom’s corporate color,…

Seajets: New discounts and offers for the summer

In consultation with the Ministry of Maritime Affairs and Insular Policy, SEAJETS offers additional discounts to families with three or more members, as well as to groups of three or…

Shiamisis (Helleniq Energy): Uncertainty over Exxon’s drilling timeline in Crete

The significant decline in international margins combined with lower sales of petroleum products “marked” the financial results of Helleniq Energy in the first quarter of 2025, with the overall picture,…

Alessandra Delfini – L’Oréal Hellas: Beauty can – and should – be a force for change

Τhe increase in L’Oreal Hellas’ financial figures in 2024 represents part of the results of its strategy, as emphasized by the company’s management in the context of the Annual Press…

Athens Stock Market: Head in Fitch, heart in profits

The Athens Stock Exchange enters its last session of the week, hovering near the highest levels of the last 15 years. The General Index, which stands around 1,800 points, has…