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Shipping news 30/8/2010

SHIPPING REVENUES PROP SINKING TOURISM SECTOR
Though the industry is still in recovery mode, shipping remains the basic pylon of the battered Greek economy. At the same time, the modernisation and growth of the Greek fleet continues .

 

CABOTAGE LAW OPENS A DOOR BUT STILL MUCH TO BE DONE
Saying it is an "important change for the Greek economy and shipping "Shipping minister, Katseli hails parliament¹s vote to ease cabotage in the cruise ship sector, but with a few surprises attached.

 

RESULTS ARE SQUASHED BUT OPERATORS EXPRESS CONFIDENCE
First half of August Greek-controlled companies trading on the various stock exchanges posted second quarter 2010 results. They were mixed, but all operators pointed to better days ahead.

 

CAPTAINS CHARGE STATE AFTER  'HIGHSPEED' ARREST
Captains charge Greek state with seeing them as "easy targets" in the wake of the quick arrest of the master of the Highspeed 1 after the Hellenic Seaways' catamaran caught fire off Tinos.

 

ACQUITTED CHIEF FILES $23M SUIT AGAINST MAMIDAKIS GROUP
Chief engineer acquitted in a magic pipe case has filed a $22.8m lawsuit against his former employer, Styga, naming the Mamidakis family-owned firm¹s principals and the tanker on which he served.

 

 

These news items are summarized from stories published in the most recent issue of the Newsfront Greek Shipping Intelligence newsletter. For the full stories visit http://www.newsfront.gr/

 
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