An Athens court on 4 December passed down a 10-year prison sentence to Greek shipowner Victor Restis after finding him guilty of making a false statement, but he was released as the term was suspended, however a travel ban has been imposed on him.
With a hard Brexit looming, the London Insurance and International Brokers Association (LIIBA) said Athens and Piraeus are among cities London insurance brokers could consider for European Union subsidiaries.
The Greek shipping community was quick to react as outer regions of Athens was ravished by wildfires this week. Indeed, as the death toll climbed to over 80 it could have been much higher if the country's ferry sector had not rushed to rescue hundreds of people driven into rough seas by the massive forest fires raging behind them.
Marine fuels supplier Bomin Group has shut down its trading offices in Greece’s Athens and UK’s London as part of its effort to focus on physical supply operations.
Greece’s business and shipping community is reeling as police hunt for a group of individuals who attempted to abduct a young shipowner, from outside his office on 12 December.
The latest technical innovation causing a headache for the shipping industry is social media, and according to many its impact on shipping could be the greatest of all technical developments. Implementation required no timetable, no political input, no regulation, no debate at IMO, or class approval, it just appeared - exactly as it has in almost every walk of life today.
Athens: Leading Greek shipping advocate and European Union rapporteur, Anna Bredima, has called for more pressure to be put on the European Union and legislative authorities in general in a bid to raise the public awareness of maritime piracy.