connect with us
Travel & Tourism industry news by Greek Travel Pages (gtp)

Smaller Players Take Lead in Greek Coastal Shipping Market, Says XRTC

Smaller Greek shipping companies currently control 62 percent of all coastal transport needs, according to an XRTC Business Consultants report.

XRTC: Greek Coastal Shipping Fleet Getting Old

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.

XRTC: Smaller Shipping Companies Gaining Ground in Greece

Smaller shipping companies have emerged the winners of the economic crisis, boosting their share of the market compared to major players, according to a study by XRTC Business Consultants.

XRTC Analysts Say Greek Ferry Shipping Facing Airline Competition

Considered by foreign banks as the “Greek Risk”, Greece’s ferry shipping industry is faced with little financial support, which in addition to a series of internal and external factors, is taking a toll on the sector’s performance, according to an annual report released by XRTC...

Tenders Kick Off for Remote Island Ferry Services in Greece

The Greek Shipping and Island Policy Ministry recently announced the launch of tenders to secure exclusive three-year contracts for 93 remote island ferry routes.

XRTC Report: VAT Hike on Greek Coastal Shipping to Have Opposite Effect

According to the 14th XRTC report, a tax increase translates into higher travel costs, inevitably leading to a drop in demand and thus directly affecting companies’ revenue and ability to operate, with a potential “grexit” still looming.