The long drawn-out privatisation process of the Greece’s second port, Thessaloniki is now in the home stretch, though it appears the February 14 deadline for the submission of bids will be extended by about 20 days.
With a growth of 6.5% in vessel numbers and 10.26% in carrying capacity Greek shipping continued to power forward in 2016, an impressive feat, given the challenging market conditions limited cash flows and restricted bank lending.
On of Greece’s best know shipowners, Captain Nikolaos “Nicos” Frangos died on 11 December, aged 90.
Greek ports ground to halt with scores of vessels tied up in port or at anchor as Greek seafarers extended a 48-hour strike on all types of vessels for a second 48 hours to 6 December in protest of the pending abolition of their long standing...
Piraeus port’s Cosco administration has welcomed the prospect of the merger of Japan's K Line, Mitsui OSK Lines (MOL) and NYK believing it bodes well for Greece’s largest port.
The new Cosco Shipping management of Piraeus were reminded of the realities of dealing with a cash-strapped government the night of 17 October when the port of Piraeus was left without a pilot service down leaving 10 large containerships at anchor...