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Tag Archives: shipping

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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