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

Minoan Lines Posts Robust Profit in H1 2018

Greek coastal shipping company Minoan Lines posted robust net after-tax profit for the first half of 2018 at 1.9 million euros, with turnover at 35.9 million euros.

IOBE Think-tank: Coastal Shipping Boosts Greek Economy by €2.3bn in 2016

Coastal shipping bolstered the Greek economy by 2.3 billion euros in 2016, according to a study by the Foundation for Economic and Industrial Research.

Minoan Lines Shines, Collects Awards for Community Support & More

Passenger ferry company Minoan Lines is moving full speed ahead into the summer season picking up a number of awards on its way.

Minoan Lines’ Net Profits on the Rise

Greek ferry operator Minoan Lines recorded improved net profits by 3 million euros to the tune of 20.7 million euros in 2016.

Low-cost Air Travel Taking a Bite Out of Greek Ferry Share

Greek ferry service providers have repeatedly warned that the emergence of low-cost airlines will have an irreversible impact on the sector. Now, a European Parliament study has come to back that up.

Minoan Lines Sees First Half 2016 Profits Surge

Greek ferry operator Minoan Lines recorded improved net profits to the tune of 12.2 million euros in the first half of 2016 up by 6.4 million euros compared to the same period last year.

Greece’s Summer Ferry Traffic Gains Momentum

Ferry traffic to the Greek islands has picked up pace by 6.9 percent in peak season (June 1-August 18) compared to the same period last year, according to Shipping and Island Policy ministry data.

Minoan Lines Sees Upturn in Q1 Net Profit

Greek ferry operator Minoan Lines recorded a 4 percent increase in net profit in the first quarter of 2016, a 68.3 percent rise compared to the same period in 2015.