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Greek Shipping News

20/05/2013

SAMARAS HOPEFUL AS EARLY SHIPPING DEALS SEE CHINESE FUNDING

Greece and China signed agreements on trade, investment, shipping and agriculture, during a trade and investment mission to containing a string of high profile shipowners, businessmen and public officials.

 

EUROPE'S FLAG POWERS READY TO PROMOTE MARITIME ISSUES

Greece's upcoming presidency of the European Union will provide "a great opportunity to boost and promote maritime issues" according to Shipping and Aegean minister, Kostis Mousouroulis.

 

RESTIS DENIES INVOLVEMENT IN SANCTION BUSTING OIL DEALINGS

A US lobbying group has accused Victor Restis of engaging in illicit dealings with Iran while serving as non-executive chairman of First Business Bank, which he strongly denies.

 

IMPACT OF FAILED CHARTERS IS EVIDENT FOR 'EAGLE' AND 'SAFE'

Impact of failed charters is becoming evident as companies release first quarter 2013 results. Eagle Bulk has returned to profit; Safe Bulkers also received compensation for early delivery of vessels.

 

LOANS TO GREEK SHIPPING FALLING, BUT LENDING PROCESS BEGINS

Loans to Greek shipping at the beginning of 2013 stood at $65.78bn, down from $67.694bn at the beginning 2012, a trend since reaching a peak of $73.24bn in 2008, height of the fleet renewal programme.




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