Despite the success of the privatisation of Greece’s two leading ports Piraeus and Thessaloniki, port operations is to center on concessions agreements rather than sell-offs as Greek ports endeavour to become more competitive.
Greece is a bridge between Europe and China, and China-Greece cooperation could develop much faster and to a greater extent, said Greek Parliament speaker Nikos Voutsis, who has just spent a week in Beijing and Shanghai, cultivating relations between the two countries.
Maritime communications provider Globecomm is strengthening its presence in Greece and Cyprus with the appointment of a new representative J&E Papadopoulos.
The Shipping Ministers of Greece, Cyprus and Malta have called on the European Union to cut red tape holding back growth in the sector, which they say provides 2.1m jobs and $168bn to Europe’s economy.
One of Greece’s most colourful shipowners and businessmen Evangelos Marinakis has rejected any connection to drug trafficking, describing recent judicial action against him as "a deliberate attempt at character assassination".
With one of the constants of shipping being change, the success story that is Greek shipping is its ability to adapt to change. This message was delivered many times over in Athens last week, a week packed with events discussing and debating the latest developments in shipping.
Cosco-managed Piraeus port entered a new era this week when it handled its first 20,000 teu plus containership, the newbuilding Cosco Shipping Taurus, on 26 February.
Led by Greek owners, the global fleet continued to grow in 2017, albeit at a slower rate than for most of the last decade.