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Greek Shipping News

8 February, 2016

ON COURSE FOR RECORD, POSIDONIA SHRUGS OFF INDUSTRY BLUES
Posidonia 2016 is on course to be the biggest ever gathering of shipping people despite unfavorable market conditions, slowing economic growth in key economies and Greece's financial headache.

VENIAMIS: NO ROOM FOR PESSIMISM DESPITE SHIPPING'S HARDSHIPS
UGS president, Theodore Veniamis, pulled no punches at the UGS agm, telling owners Greek shipping is under attack and the legal uncertainty and investment insecurity generated may cause a flight.

CONFUSION OVER HOSTAGES OF FREED GREEK TANKER
A Greek chemical tanker reportedly hijacked by Biafran separatists January 29, was freed within a few days though there was some confusion over the fate of the master and four crew.

COSCO PLANNING TO INVEST IN PIRAEUS' CRUISE DEVELOPMENT
Cosco is planning a Euro 135m-plus investment in Piraeus to turn port into one of the world's biggest cruise ports over the next 18 months and is in the consultation with leading cruise companies.

DORIAN LPG SEES CONTINUING GROWTH ON ALL FRONTS
An ever expanding Dorian LPG posted a strong third quarter 2015 result, well ahead of profit forecast and expects to carry the momentum into 2016. Revenue profits up due to expanded fleet. 


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Posidonia is organised under the auspices of the Greek shipping community and the five major associations representing Greek shipowner interests: