ECONOMY

HSW plans its listing

Hellenic SeaWays (HSW) has set its course straight for the Athens Stock Exchange in the next few months, in order to fund the acquisition of new vessles for its coastal shipping fleet, said the firm’s main shareholder Panos Laskaridis yesterday at the presentation of HSW’s new ship, the Nissos Chios. Laskaridis said his company intends to expand beyond the Aegean Sea and to tackle the so-called seasonal factor of coastal shipping. He also suggested that the entry of foreign players into the Greek market is no coincidence, so HSW must follow developments and perhaps intervene where necessary, he said. The company’s CEO Gerasimos Strintzis referred to the firm’s new investment plans, saying the potential of the international shipbuilding market will be scanned, including Greek shipyards. Separately, listed coastal shipper ANEK announced the acquisition of a ferry boat named Ferry Tsukuba from Japan for -30 million.