SHIPPING


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SHIPPING

The Thessaloniki Port Authority (OLTH) is set to receive with two specially designed gantry cranes, costing 15.6 million euros, which will enable the northern Greek port to directly serve mainline ships with a capacity of more than 10,000 TEUs (New Panamax).


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SHIPPING

Coastal shipping sources consider the decision of Italy’s Grimaldi group to add two more ships to the Greece-Italy line as a "declaration of war."

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SHIPPING

Development Minister Adonis Georgiadis signed a 9-million-euro package for the studies and construction work necessary for the complete restoration of the sides of the iconic Corinth Canal in southern Greece which are prone to landslides that have led to the frequent barring of ships from passing through on public safety grounds. A new state of emergency was declared only a few days ago. The canal connects the Gulf of Corinth in the Ionian Sea with the Saronic Gulf in the Aegean Sea. The initial proposal for the construction of the canal was supposedly made in ancient times and a failed effort was recorded in the 1st century AD. Work recommenced in 1881 and was finally completed in 1893. [Charalambos Vlasis/Intime News]




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CYPRUS

Despite an initial interest shown by several companies in reviving a ferry link connecting Cyprus and Greece,not a single offer was submitted in the tender launched by the Cypriot government on December 2020, the country’s Shipping Deputy Ministry announced Friday.

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PRIVATIZATIONS

More than 25 cargo ships were waiting outside the port of Piraeus on Wedneday, unable to approach it as the Greek port pilot service called a 48-hour strike, creating major delays and serving a blow to the port’s international prestige.


SHIPPING

Pierfrancesco Vago, executive chairman of MSC Cruises, has been appointed to a two-year term as global chairman of the Cruise Lines International Association (CLIA).

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BUSINESS

Coastal shipping suffered estimated losses of 120 million euros last year, with its turnover shrinking by €300 million due to the pandemic, bringing an end to a period of five consecutive years of progress.