Water transport

Aegean ferries to lose 20 mln in one month

The 22 large ferries still providing coastal shipping services across the Aegean Sea are suffering daily losses of 660,000 euros, market experts note.

These losses have come to a total of 20 million euros in just one month for the ferry operators, and will rise to 40 million if this situation continues - as expected - for two months.

Cruise giants target Piraeus

As work got under way on Piraeus Port Authority's (OLP) new cruise terminal on Tuesday, top officials of global cruise tourism giants Carnival and Royal Caribbean expressed confidence that it would reposition Greece's main port at the center of the Mediterranean cruise market.

Shipping frets over fuel rules

The shipping industry appears particularly concerned with the new regulations whose introduction the International Maritime Organization is considering ahead of reaching the target of zero-carbon fuel by 2050, the 11th Annual Capital Link Greek Shipping Forum heard on Thursday in Athens.

First ferry in 2020 welcomed in Piraeus

A Greek ferry with 80 passengers on board was the first ship to dock at Piraeus port on 2020, state-run news agency ANA-MPA reported Wednesday.

Olympus, operated by Sea Speed Ferries, arrived at the port at 2.52 a.m. on Wednesday morning, after completing the journey from Rethymno to Piraeus, with stops in Santorini and Milos.

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