Greece
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Diana Shipping signs loan deal worth $165m with BNP Paribas
ATHENS: NYSE-listed Diana Shipping has secured a five-year $165m loan facility from BNP Paribas, which it has used to pay...
ECB rejects Greece request to reopen Athens stock exchange
ATHENS: The European Central Bank (ECB) did not accept the request of the Bank of Greece (BoG) and the Capital...
Western Union starts again its service, available at 270 agent locations into Greece
ATHENS: The Western Union Company, a leader in global payment services, today announced the activation of international remittances into Greece,...
Iran-Greece bilateral trade stands at €1.4b
TEHRAN: Three flights between the Iranian and Greek capitals are operated per week by Airbus A320s on Sundays, Tuesdays, and Thursdays....
Greece to seek alternatives for privatising grid unit: Minister
ATHENS: Greece will look to alternatives to privatising its power grid operator ADMIE as part of a new bailout deal...
Greece passes 2nd crucial bailout bill
ATHENS: Greece's parliament on Thursday passed legislation on a second batch of reforms needed to help unlock a huge international...
Overseas bank’s lending to Greece falls by $22b in Q1
ATHENS: Lending by international banks to Greece fell by a third, or $22 billion (14 billion pounds), in the three...
Security issues delay start of Greece’s new bailout talks
ATHENS: Greece government officials have said repeatedly that the talks on a bailout of up to 86 billion euros ($94 billion)...
New IMF MD may come from outside Europe
ATHENS: International Monetary Fund (IMF) First Deputy Managing Director David Lipton has revealed that the next managing director of the...
Romania’s largest shipyard faces liquidation in wake of DSME’s demise
ATHENS: Financially troubled Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) will be forced to liquidate its overseas subsidiaries...
Greece’s Poseidon Containers launches IPO on NYSE
ATHENS: Greece’s Poseidon Containers Holdings has begun its initial public offering on the New York Stock Exchange, through which the...
Greece York Capital sells MR tanker newbuilding to Scorpio for $37m
ATHENS: Private equity player York Capital Management has sold the last of its five MR product tanker newbuildings to Scorpio...
Scorpio Tankers sells remaining stakes of Dorian LPG for $58m
ATHENS: Scorpio Tankers has sold its remaining 5.8% stake in NYSE-listed Dorian LPG through the sale of its 3,392,083 common...
Baltic Dry Index drops 18pts level to reach 1,102pts
ATHENS: After 22 days on the up-and-up, the Baltic Dry Index (BDI) today fell 18 points on yesterday’s level to...
Greece tax hikes of 13% to 23% begin to take effect
ATHENS: Greece's Government has started implementing the demands of the EU refinancing deal, with a steep increase in rates of...
Greek shipping company shares dive post-referendum
ATHENS: Greek shipping companies listed on U.S. stock exchanges sank on Monday, though the previous day’s referendum wasn’t the reason...
Greece’s Coastal Contracts sells 8 vessels in $34m deal
ATHENS: Two offshore support vessels and six low-end vessels owned by subsidiaries of Malaysia-listed Coastal Contracts have been sold to...
Creditors to Arrive in Athens as IMF Asks for Official Invitation
ATHENS: TroikaThe representatives of Greece’s creditors due to arrive in Athens on Friday in order to start negotiations for the...
Transgrain charters Diana panamax bulker, daily rate of €6,500 for 18 to 24 months
ATHENS: Transgrain Shipping has taken one of Diana Shipping’s panamax bulk carriers on a nine- to twelve-month timecharter, which has...
11,000 Greek business exodus to ‘safe haven’ Bulgaria
LONDON: Faced with a deep economic crisis at home, at least 11,000 Greek companies have found a safe haven in...
