In a sign of the Greece’s rapidly deteriorating finances, tenders issued by the municipal port fund of Rethymno in Crete refer to life outside the euro. By including a clause referring to “any national Greek currency at the time”, the port...
The margin of difference between the health of Greek shipping and Greece generally and Germany and Greece and Greek shipping and German shipping has been underlined again in recent days.
The Greek-controlled fleet just grows and grows. Today, the 18.6% share of the world fleet controlled by Greek shipowners is some 4% more than that run by the Japanese and the gap is growing as the carrying capacity of the Greek-owned fleet is the...