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Friday, 20 March 2026

Titan: Positive outlook and a 400-million-euro business plan

Titan Group is entering the new financial year with a 350-400 million euro investment program amid cautiously positive expectations. More specifically, Titan has forecast low sales growth and a moderate…

Softweb Group: Establishment and operation of NoeticAI Lab

The Softweb Group strengthens the Artificial Intelligence solutions sector with the establishment and operation of NoeticAI Lab. This is a new, autonomous business unit focused on the research, development and…

Pyatt: The Biggest Energy Shock Since 1973 — and Greece’s Historic Opportunity

Greece is emerging as a pivotal player in Europe’s energy security at a moment of profound global disruption, according to Geoffrey Pyatt, who warns that the war in the Gulf…

IPTO: RES connected to the grid act as a buffer against rising power prices

The Independent Power Transmission Operator (IPTO) has been systematically connecting renewable energy sources (RES) to the power system, helping to reduce wholesale electricity costs. Through the rapid integration of new…

1st Blue Heritage Summit Thessaloniki: The digital transformation of Greek ports

The development of smart applications is a one-way path for Greek ports, offering significant benefits in terms of resilience during times of crisis, while state bureaucracy often acts as a…

Avramar: Cooke enters into a preliminary agreement to acquire existing debt facitilities

Cooke Inc. (“Cooke”) announced that it has signed a memorandum of understanding under which it will acquire from lenders thereof the existing debt facilities of Avramar Aquaculture S.A., Andromeda S.A., …

Aegean: Higher ticket prices due to Middle East conflict

Rising fuel prices, driven by the conflict in the Middle East and the war in Iran, are set to push up airfares. AEGEAN Airlines is proceeding with fare adjustments, which…

Supermarket prices up 30% in 20 years with stagnant sales volumes

Price increases have remained the primary driver shaping organized retail over the past 20 years, with the average price of essential consumer goods having increased by 30% from 2006 to…

Performance Shipping: Sale & leaseback agreement for new LR1

Performance Shipping Inc. (PSHG), owned by Aliki Paliou, has entered into a sale and leaseback agreement for a newbuilding LR1 tanker, enhancing its financial flexibility. The vessel, to be named…

ONEX and Hanwha Ocean sign landmark defense shipbuilding deal

A strategic cooperation agreement has been signed between ONEX Shipyards & Technologies Group and South Korea’s shipbuilding group Hanwha Ocean, aimed at developing defense shipbuilding activity in Greece and the…

Cosmote Telekom: New Business Cloud Services featuring GPU-as-a-Service for AI Applications

Cosmote Telekom has announced new Business Cloud services powered by its Data Center infrastructure, with a strategic focus on GPU-as-a-Service capabilities. These services are designed for Artificial Intelligence (AI) applications,…

Thursday, 19 March 2026

Conflict in Iran maintains elevated LNG carrier charter rates

The ongoing conflict in Iran is maintaining high charter rates within the LNG carrier spot market. Following the presentation of financial results for Dynagas LNG Partners—the US-listed shipping entity led…

Vafias to “N”: Gulf freight rates soar – Market open only to the bold

Time is running out before the war in Iran begins to have serious knock‑on effects on the global economy and shipping markets. Haris Vafias, who was named EY “Entrepreneur of…

Euroseas expands its newbuilding program

Euroseas is expanding its newbuilding program with an order for two high-capacity 2,800 TEU containerships optimized for high-reefer cargo. The vessels will be constructed at Huanghai Shipbuilding Co., Ltd. in…

US Ambassador Guilfoyle: We will engage our steadfast Greek allies who share our resolve to project peace through strength

The US Permanent Representative to NATO, Ambassador Matthew Whitaker, was welcomed by the US Ambassador to Greece, Kimberly Guilfoyle. “Welcome to Greece, my dear friend Ambassador Whitaker for this historic…

Trade Estates: Investments of 132 million euros until 2028

Trade Estates’ business plan forecasts the implementation of investments totaling 132 million euros by the end of 2028, which are estimated to lead to a 23%-26% increase in its portfolio…

Avramar Greece: Banks sign new MoU with Cooke following Aqua Bridge withdrawal

Banks and Canada-based Cooke Aquaculture have signed a new Memorandum of Understanding (MoU) for the acquisition of Avramar Greece’s debt. This follows the collapse of a previous agreement with Aqua…

Greek hospitality sector: Optimism soars as business climate outpaces EU average

Greek hospitality entrepreneurs are becoming increasingly optimistic about their future, with the business climate appearing significantly stronger than in previous years—surpassing the EU average for the first time. This exceptionally…

Vafias Group: Three vessels stranded in the Strait of Hormuz

Three vessels operated by the Vafias Group are currently stranded in the Strait of Hormuz, as revealed by CEO Haris Vafias during his recognition as EY Greece’s “Entrepreneur of the…

AKTOR – BNI Foundation sign deal for strategic mining partnership in Albania

AKTOR Group and the BNI Foundation have signed a framework agreement for an exclusive strategic partnership focused on the exploration, development, and exploitation of mineral resources in Albania. Based on…

Nuclear propulsion under three conditions

A new debate on the use of nuclear energy—including in shipping—is opening up, under certain conditions, according to a study by the Deon Policy Institute. The study recommends incorporating nuclear…

Cyberattacks and e-warfare target Greek ships and offices

Greek shipping has faced a storm of hybrid threats over the past three years. From the start of the war in Ukraine to the conflict involving Iran, Greek-owned vessels have…

Wednesday, 18 March 2026

Hellenic Ports Association committed to strengthening Greek ports’ competitiveness

The meeting of the Board of Directors of the Hellenic Ports Association (ELIME) was held in Patras at the premises of the Patras Port Authority, in the presence of the…

2025 a year of transformation for Bally’s Intralot Group: Revenue increase to 520.6 million euros

Bally’s Intralot Group recorded positive performance in 2025, following the strategic acquisition and integration of BII in the fourth quarter of 2025. According to the company, this transaction significantly expanded…

Haris Vafias named “Entrepreneur of the Year”

Haris Vafias, CEO of VAFIAS GROUP, was named EY “Entrepreneur of the Year” Greece 2025 at an event organized by EY Greece, in the presence of representatives from the country’s…

Optima to acquire EUROXX Securities

Optima bank S.A. announced that its Board of Directors approved the submission of a non-binding offer for the potential acquisition of a majority stake in EUROXX Securities, a company listed…

Capital Tankers’ debut on Oslo Euronext Growth

Capital Tankers Corp. successfully listed its shares on Oslo Euronext Growth. This listing follows the completion of the largest capital raising by a shipping company in the history of the…

Big deals reach 23.8 billion euros in 2025

2025 was recorded as a milestone year for the mergers and acquisitions (M&A) market in Greece, with the total value of transactions soaring to 23.8 billion euros compared to 12.5…

Dynacom Tankers: New VLCC order

Greek shipowner George Prokopiou is launching a new round of investments in VLCCs, further expanding the shipbuilding programme of Dynacom Tankers Management. According to available information, Dynacom has signed an…

OTE Group begins commercialization of optical fiber services within the framework of the UFBB project

OTE Group announced the start of commercial rollout of fiber-optic services under the Ultra-Fast Broadband (UFBB) project. According to a company announcement, internet speeds of up to 1 Gbps, available…