Blue Star Ferries last month reported after tax profits of 17.5 million euros for 2005, an increase of 66.4% from the 10.5 million euro profit reported in 2004. Total revenues increased despite a 25.5% decrease in the number of sailings.
Blue Star Maritime S.A. last month announced consolidated net profit after taxes of €19.2 million for the nine months ending 30th September, 2005, against €8.7 million for the same period in 2004, a significant increase of 121%.
Within the new liberalized framework of Greek coastal shipping, Strintzis Lines (Blue Star Ferries), expands its routes. As of this month, the Greek ferry line is at the forefront with three brand new ships on the Cycladic Islands' routes, the Blue Star 1 in the Dodecanese on the...
Although both Superfast Ferries and partner Strintzis Lines (Blue Star Ferries) increased sales and market share during the first half of this year, profits for both are down. When Attica Enterprises, owners of Superfast Ferries, last month announced its first-half financial...
The Board of Directors of Strintzis Lines, now called Blue Star Ferries, recently announced the delivery of 'Blue Star 2' from the Dutch Shipyard Van der Giessen de Noord. 'Blue Star 2' is an ultra-modern ferry vessel with service speeds of up to 28 knots and an overall capacity...
Besides celebrating the arrival of new vessels, Strinztis Lines, now know as Blue Star Ferries, has received government approval to place its Blue Island and Blue Galaxy vessels in the Patras- Heraklion route as of July 2. The vessels depart from Patras every Sunday at 20:00 and...
Because of domestic cabotage -when sea transport is open only to Greek companies- Greece “lost the cruise business”, said Gerasimos Strintzis when his new Blue Star 1 ferry was launched last month. Pericles Panagopoulos of Superfast Ferries reminded that in free international...
At its recent general assembly, Greek ferry line Strintzis received approval to increase its capital by almost 28 billion drachmas through the issuance of new shares. The funds will be used in part to pay for the company’s new investment program that is expected to surpass 100...
Strintzis Lines, on March 31, accepted its newest super-fast ultra-modern ferry the Blue Star Ithaki from the Korean shipyard Daewoo Heavy Industries. The new vessel will be the first of its type to ply Greek coastal waters.
Strintzis Lines launched the first of a new group of luxury passenger ferries recently at the Dutch shipyard van der Giessen-de Noord. After the ship received the blessings of a Greek Orthodox priest, Dutch Transport, Public Works and Water Management Minister Tiny Netelenbos...
