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Travel & Tourism industry news by Greek Travel Pages (gtp)

Greek Ferries Amend Itineraries Due to Seamen’s Strike on May 30

Greek ferry companies will amend their itineraries on the domestic and Adriatic lines due to a 24-hour strike called by the Panhellenic Seamen’s Federation for May 30.

Grimaldi to Appeal to EU Competition Authority Over Hellenic Seaways Deal

Grimaldi Group plans to file a complaint to the EC's DG for Competition over the deal between Attica Group and Hellenic Seaways.

Minoan Lines Amends May 16-17 Itineraries Due to 48-hour Strike

Minoan Lines' itineraries on the domestic and Adriatic lines will be amended on May 16 and 17, due to a strike by the Panhellenic Seamen’s Association.

Minoan Lines MD Says Focus Now on Greece

The focus of Minoan Lines is now on Greece, its managing director Antonis Maniadakis said following the announcement that the company had exited the Adriatic service.

Minoan Lines Stops Adriatic Service After 35 Years

Grimaldi Group company Minoan Lines announced that it will stop serving the Patra-Ancona route after 35 years, limiting its operations exclusively to the Greek domestic market.

EU Strategy for the Adriatic & Ionian Region

A Stakeholder Conference on the EU Strategy for the Adriatic and Ionian Region, jointly organised by the European Commission and the Hellenic Presidency of the Council of the European Union, will take place on 6-7 February 2014 in Athens.

Growth in Marine Tourism Demands Infrastructure Development

The Greek statistical and economic data service Hellastat SA recently conducted a study that shows the current economic conditions for domestic marina operators are favorable.

Market Expects Major Changes in Local Ferry Ownership

Crete-based Minoan Lines appears to be in the center of a shake up in Greece's coastal shipping sector. Last month, the activity of the Minoan shares on the Athens Stock Exchange, and subsequent press stories, has led most to believe that Attica Enterprises (Superfast Ferries and...

Greece Would Draw Millions of Tourists as a Cruise Hub

Making Greece an international cruise hub for the eastern Mediterranean would bring five million tourists in a few years and tremendous financial returns were the main conclusion drawn from the forum organized by the Hellenic Association of Travel and Tourist Agencies (HATTA) on...

Minoan Doubles Profits

Minoan Lines announced recently that it managed to more than double its net profit for last year despite a drop in traffic on Adriatic routes and less-than-expected passenger loads on the domestic routes, especially in the summer months during the Athens Olympics period.

Superfast Purchases 10% of Minoan Lines

Attica Holdings (Superfast and Blue Star Ferries) announced late last month that it had reached an agreement with an Italian company, represented by Romano Artioili, for the acquisition of more than 6.7 million shares of Minoan Lines. The purchase represents 9.51% of the share...

Minoan to Triple Profits

By year-end, Minoan Lines expects to post triple the amount of its last year's net profit of 3.5 million euros. Highly placed company executives say that their forecast takes into account all of the negative factors of the economy that could affect coastal shipping.

More Coastal Shipping Mergers And Alliances

Talk around the Piraeus harbor area these days centers on a plethora of meetings being held in a general effort to form new coastal shipping alliances and merges, such as the rumored alliance between Attica Enterprises (Superfast Ferries) and Minoan Lines. Then there's the merger...