Greece’s coastal shipping sector will need a monthly cash injection of up 30 million euros to survive the repercussions of the Covid-19 pandemic, says a study by XRTC.
Greece’s coastal shipping fleet is getting older with the average age of its vessels at 26 years, requiring investments for renewal, according to an XRTC report.
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.
Greece is in need of a 'new' coastal shipping product, one that is based on new business models and necessary investments, according to a study by the XRTC consultancy company.
The Greek coastal shipping sector saw over 250,000 less passengers travelling through the country’s ports in July and the first 15 days of August compared to the same period in 2014.
Consumer complaints in regards to Greek tourism services amounted to 72 reports from 1 July-15 August 2013 compared to 56 complaints filed last year for the same period, the Consumers’ Protection Center (KEPKA) said recently.
The potential for sea tourism and the development of the economies of Greece, the Eastern Mediterranean and the Black Sea region will be examined during the first Posidonia Sea Tourism Forum, scheduled to take place 21-22 June at the Onassis Cultural Center in Athens.
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...
"Sales commission for travel agents has been reduced; there are fewer discounts available; special group rates have been abolished; and prices have risen more than 20% on some routes."
