The Greek government’s main aim once it officially assumes the rotating presidency of the European Union on 8 January is to reach a quick conclusion to talks with the country’s troika of creditors.
Greek shipping is a business involving conservatives who traditionally take calculated, and very carefully calculated, risks. Indeed, this mixture is what has not only carried the Greek shipping community to the top of its profession, it is also a...
The Greek administration is coming under increasing pressure over it foot-dragging regarding its meeting international convention deadlines, especially when it relies on classification societies as an Recognised Organisation (RO) on its behalf.
Under a new agreement with the Piraeus Port Authority (PPA) the Chinese group’s Cosco Pacific will take its ambitious programme to turn Piraeus into China’s gateway to Europe, a step further as it invests a further EUR230m ($313m) into developing...
Japanese classification society ClassNK has signed an MOU to conduct joint projects in maritime research and environmental protection with the Maria Tsakos Foundation, linked to Greece’s Tsakos Shipping Group.
Poor market conditions and a lack of ship finance have failed to slow the evolution of the Greek-owned fleet. If anything, the current state of the market has presented challenges which have in turn spurred the evolution. Challenges linked to the...
Classification society, Korean Register of Shipping (KR), reiterated its expansion course in the global shipping market and its confidence in Greek shipping.
Greek shipowners seem generally to be having a “good crisis” despite the prolonged recession. Undoubtedly it has taken a toll, especially among smaller owners who are so important to the Greek shipping cluster, but the market doldrums have brought...
Greece needs a coherent national strategy for the shipping industry if it is to continue to play the major role in the international business activity of the country’s economy. This is especially true if the country is to continue to strengthen...
While it appears we are looking up from the bottom of the shipping crisis, obtaining funds still remains difficult for most shipowners, no matter where they may turn. But with the market continuing to climb the crest, the search for funds is on...