Somali pirates free Greek oil tanker seized 10 months ago
Somali pirates have released a Greek-owned oil tanker and its 26 crew members who were seized 10 months ago in the Arabian Sea, the vessel's owner, Dynacom Tankers Management, said on Monday.
The MT Smyrni, which was carrying one million barrels of crude, was hijacked in May last year off the Gulf Arab state of Oman. Pirates said they released the vessel last week after receiving ransom.
"We took $9.5 million in ransom money and got off from the crude tanker on Friday night," Isse Abdulahi, who is understood to be one of four pirates who financed the hijacking operation, told Reuters by telephone. [Reuters]
The Development Ministry announced on Friday that a large number of small and medium-sized enterprises have expressed interest in the European Union-funded program for their support.
A total...
The revised memorandum of cooperation between Athens and its international creditors does not allow for the participation of entities belonging to the broader public sector in the recapitali...
The start of the Super League playoffs for Greece’s second spot in next season’s Champions League has complicated things, as the teams that started as underdogs beat the favorites at home on...
AEK Athens said on Tuesday it was preparing to declare bankruptcy and seek relegation to the third division.
AEK was relegated from the Super League for the first time in its 89-year history...
The gradual arrival of summer usually brings a sense of well-being and this year it seems to confirm the belief that Greeks are beginning to change their stance toward their new state of bei...
The events that unfolded in Parliament on Friday, when a Golden Dawn deputy was ejected for hurling insults at his peers, should be a cause for serious concern regarding the direction that t...
