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

Major Changes in Greece’s Coastal Shipping Sector

Greek coastal shipowners have taken the bull by the horns and come hell or high water will attempt this year to settle the waters after almost three years of rough seas. For example, last month the Greek Coastal Shipowners Association issued an open threat to the Merchant Marine...

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...

Five Ferry Lines Cooperate To Cut Costs

Greek coastal shipping companies look to copy some of the international airline moves to cut costs. Five Greek coastal shipping companies have decided to pool their forces to achieve economies of scale to prepare for the deregulation of the domestic passenger shipping market in 2004.

Ferry Lines Demand Price Increases Or Increased Sailings

The continued rise of oil prices leaves Greek passenger shipping firms, especially the domestic operators, facing very serious losses. The situation is compounded by the rise of the dollar, which increases their liabilities to banks and insurance firms as a great part of these...

DANE Considers Thessaloniki-Kusadasi Connection

Cooperation with Turkish businessmen to establish a connection between Kusadasi and Thessaloniki was considered at a recent meeting in Istanbul between Greece's DANE lines and the president of the Greek-Turkish Council Iakovos Geronikolas.