Piraeus Port Urges Greece to Speed Up Investment Plan Approval

By George Georgiopoulos ATHENS, Oct 19 (Reuters) - Piraeus Port Authority (PPA), operator of Greece's largest port, wants the Greek government to speed up the approval of an investment plan that aims to attract more business to one of Europe's largest harbours, executives said on Friday. PPA, majority owned by China's COSCO Shipping , is awaiting the green light from … [Read more...]

Greek Seamen End Strike After Reaching Deal on Wage Increase

ATHENS, Sept 4 (Reuters) - Greek seamen on Tuesday called off a strike that had kept ferries and passengers stranded in ports around the country, after reaching a deal with employers on a wage increase. The strike, which started at 0600 (0300 GMT) on Monday, was led by the PNO seamen's federation and other unions including dockers and merchant marine engineers. The PNO … [Read more...]

Greek Shipowner Denies Drug Trafficking Charges

by Constantinos Georgizas (Reuters) - Greek shipping tycoon Vangelis Marinakis, the owner of Olympiakos Piraeus and Nottingham Forest soccer teams, denied any links to drug trafficking on Saturday, a day after a Greek prosecutor brought preliminary charges against him. The prosecutor accused Marinakis of financing and storing drug substances and setting up a … [Read more...]

Greek Shipowners Say EU Tax Pressure Could Make Brexit ‘Not a Bad Thing’

ATHENS, June 8 (Reuters) - Greek shipowners could relocate to Britain after it leaves the European Union if European regulators demand changes to favourable shipping taxes in Greece, a top industry official said on Friday. The European Union has been pressing Greece to end generous tax allowances it grants shipowners, although the government has steered away from imposing … [Read more...]

Greek Naval And Turkish Cargo Ship Collide

by Michele Kambas (Reuters) - A Greek gunboat was nudged by a Turkish cargo vessel early on Friday while on patrol for unauthorized migrant crossings in the Aegean Sea, the Greek navy said. The gunboat “Armatolos” was on patrol off the island of Lesbos as part of a NATO operation when the incident occurred at 4 a.m. local time (0100 GMT).  The Turkish-flagged vessel … [Read more...]