The Corinth Canal will reopen to navigation on June 1, 2023 and for four months, that is until September 30,, the Canal’s managing company announced on Friday. The Corinth Canal company said that the final stages of restoration work on the canal will resume on October 1 and will continue …
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New shipping schedule links Lavrio, SE Attica, with Limassol, Cyprus
A new roll on/roll off (Ro-Ro) line linking Greece with Cyprus was inaugurated on October 1, the Lavrio Port Authority (LPA) said on Thursday. SBS Lines Cyprus’ two Ro-Ros, “Cenk T” and “Cenk G”, will run between the ports of Lavrio (SE Attica), Thessaloniki (N Greece) and Limassol (SW Cyprus). …
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Posidonia International Shipping Expo kicks off in Athens on June 6
Posidonia International Shipping Exhibition will be held at the Athens’ Metropolitan Exhibition Centre on June 6-10, organizers Posidonia Exhibitions SA said on Thursday. A total of 1,929 companies from 88 countries exhibit their products and services, while the expo will include 24 national pavilions from Europe, North America and Asia, …
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Ferry DALEELA restores maritime link between Cyprus and Greece
After a break of whole 22 years, the maritime connection between Cyprus and Greece is to be restored again. Cyprus-flagged ferry MV DALEELA a ropax type ship managed will leave the port of Limassol on Sunday, June 9, for the port of Piraeus, expected to arrive after 30 hours. DALEELA …
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EU Commission urged to investigate liners over ‘unfair’ and ‘discriminatory’ practices
The European Association for Forwarding, Transport, Logistics and Customs Services (CLECAT) has sent a letter to the European Union, urging for an inquiry into the container shipping sector, alleging unfair and discriminatory practice. “The profiteering of ocean shipping carriers resulting from their capacity management strategy allowed them to acquire the …
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Greece remains top in shipping asset value
“Greece showed the second biggest increase in value for any of the top shipping nations reviewed by the research company as of January, 2019 and puts in top spot. The total asset value of the Greek owned fleet was over $100 bill.” According to the annual research undertaken by VesselsValue, …
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Greek shipping magnate Pericles Panagopoulos passes away at 84
Greek shipping magnate Pericles Panagopoulos passed away at the age of 84 following long hospitalization with a serious health problem. His wife announced his death on Facebook noting that he died at 6 a.m. on February 5. “After a long-lasting battle, he started his last and longest journey,” Katerina Panagopoulos …
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US sanctions againt Iran to harm Greece’s shipping sector
Although Greece is one of the eight countries currently exempted from the US sanctions against Iran, the shipping sector will soon see the negative effects. Of the 217 oil tankers that ferried Iranian crude oil in the first six months of this year, 81, or 37%, were Greek-owned. Thanks to …
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Greece, Cyprus and Malta coordinate to strengthen their voices on shipping
Cyprus, Greece and Malta on Friday enhanced already-close cooperation on shipping matters, at their 6th trilateral meeting, in Nicosia, aiming to strengthen their collective voice in the EU and the International Maritime Organisation (IMO). Natasa Pilides, Deputy Minister of Shipping chaired the meeting with her two counterparts, Greece’s Shipping and …
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Tsipras: “Memorandum Failed” – Eight Objectives to Reconstruct the Greek Economy
Calling for people to respond to the “invitation for unity and creation”, Alexis Tsipras, Greece’s leader of main opposition party left-wing SYRIZA, revealed a thorough program for the recostruction of the Greek economy. Speaking at the International Fair of Thessaloniki, Tsipras presented eight objectives for “a comprehensive, coherent, progressive and realistic reconstruction program” in order to …
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