connect with us
Greece's latest tourism industry news by Greek Travel Pages

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...

Minoan Lines Sticks To Fleet Renewal Program

The construction of eight modern vessels is proceeding without any delays, said Crete-based ferry operator Minoan Lines last month after press reports implied the company was in financial difficulties.

Minoan To Place Seven New Vessels In Greek Waters

In less than two years, Crete-based Minoan Lines plans to accept delivery of at least seven new fast-ferry vessels. A number of these vessels are slated for routes to European ports, while others will replace older vessels on basic Greek routes.

Minoan Increases Revenue And Profits

Crete-based ferry operator Minoan Lines announced a substantial increase in pre-tax profits for 1999. Minoan said last year's revenue was up 7.1% against the year before and profits before taxes were up 65.5%.