Piraeus port, one of the world’s largest passenger ports, is ISPS compliant….or is it? With thousands of the 45,000 refugees now stranded in Greece, milling around within the confines of the port’s perimeter, not only impeding the smooth operation...
Major Chinese port operator Cosco Pacific saw 2015 full-year net profit rise by 30% to $381.6m on the back of a writeback of provisions on the disposal of its stake in China International Marine Containers. Without the extraordinary gain however...
Economic woes at home and abroad have failed to slow the growth of the Greek controlled fleet and today its carrying capacity is larger than ever and seems to be growing.
Two of Greece’s better-known names have again been in the headlines as they struggle to come to grips with the declining freight market and the impact it is having on global shipping share prices.
International Maritime Rescue Federation (IMRF), a global Search and Rescue (SAR) charity, is to bolster its local member body the Hellenic Rescue Team (HRT) with personnel and equipment from elsewhere in Europe.
Bulk specialist Diana Shipping of Greece has agreed to buy three secondhand panamax bulkers of between two and five years old for a combined total of $39.8m.
Inchcape Shipping Services (ISS) has warned of a further 48-hour strike by Greece’s Seamen’s Union, expected to affect cargo discharging operations for vessels calling at Piraeus, Aspropyrgos, Eleusis, Pachi and Megara ports.
A general strike in Greece has affected ferry and shipping traffic at the ports of Piraeus, Aspropyrgos, Eleusis, Pachi and Megara.
After waiting two years, Cosco Group (Hong Kong) has got its hands on the port of Piraeus.