Lloyd's List Greek Shipping Awards was a big success as it recognized the best in Greek shipping. DryShips boss, George Economou, and Greek ship owner and industry legend, John Carras, all took major prizes. Mr. Carras was named "Personality of the Year for 2007," an award...
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...
Hellenic Seaways (HSW) not only launched the newly built ferry boat, Nissos Chios, last month, but also purchased a relatively new large ferry boat. Both ships are part of HSW's 200 million euro investment strategy to expand and modernize its fleet and improve the services the...
Bid proposals for Minoan Lines' 33.3 percent share in Hellenic Seaways (HSW) were the buzz on the coastal shipping market last month. Proposals have been submitted by ship-owner Panos Laskaridis (Laskaridis Group) who already controls 17 percent of HSW, Apostolos Ventouris of Nel...
Hellenic Seaways, a leading coastal ferry operator in Greece, has designed special programs for its passengers. The company's fleet of 34 ferries serves the northeastern Aegean, Cyclades, Crete, Argosaronikos and Sporades, and also provides freight service to Venice, Italy.
Last month, Blue Star Ferries, part of Attica Group, acquired all of Dane Sea Line's assets at a bankruptcy auction held on Rodos island. Dane, placed in bankruptcy at the request of Anek Lines, had assets that included three ferries, Diagoras, Patmos and Rodos, and real estate...
Legislation to liberalize ferry ticket prices for third class fares and vehicles was signed by the Ministry of Merchant Marine, and includes ferries departing from the ports of Pireaus, Rafina, Lavrio, Kimi, to and from Elefsina, and from Patra to Kerkyra.
As we go to press, shareholders of Nel-Lesvos Maritime are being asked to back a 23-million capital increase that will be used in part to acquire five used vessels. Two of the vessels are passenger ferries with Cypriot flags and three are ro-ro vessels under the Greek flag.
Attica Holdings (Superfast and Blue Star Ferries) last month announced the sale of 9.6m shares, or 12.3% of the share capital, of Hellenic Seaways, to Amadeus Navigation in return for 21m euros, which amounts to 2.20 euros per share. These shares represent the total investment of...
Attica Holdings (Superfast and Blue Star Ferries) announced late last month that it had reached an agreement with an Italian company, represented by Romano Artioili, for the acquisition of more than 6.7 million shares of Minoan Lines. The purchase represents 9.51% of the share...
