Greece
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G6 Alliance announces a new schedule Update
ATHENS: Members of the G6 Alliance today announced the voiding of four Asia-Europe sailings in response to changes in market...
Greece Shipping Company Shares Dive 25% amid Post-Referendum
ATHENS: Greece shipping companies listed on U.S. stock exchanges sank on Monday, though the previous day’s referendum wasn’t the reason...
Greece’s Teekay tanker 36 crew members’ protests ordered to stop
ATHENS: Industrial action onboard a Teekay products tanker docked in Tasmania must stop, Australia’s Fair Work Commission has ordered. The...
Greece shipping companies look for office space in Limassol
ATHENS: Greece shipping companies have been enquiring about renting office space in Limassol, Cyprus’ shipping and trading hub, Splash can...
US Shipping Company secures $500m debt refinancing
ATHENS: Oslo-listed American Shipping Company has secured commitments from four banks for refinancing $500m of its secured debt. Two separate...
Greece voters reject bailout offer: Greece debt crisis
ATHENS: With two-thirds of ballots counted, results from the Greek referendum show voters decisively rejecting the terms of an international...
Greece Finance Minister Varoufakis Quits
ATHENS: In a surprise move, Greece Finance Minister Yanis Varoufakis said Monday that he is resigning despite the Greek people...
Euroseas plans fundraiser and reverse stock split, wins boxship timecharter
ATHENS: NASDAQ-listed Euroseas is planning a new stock offering through which it will fund its newbuilding programme, and will separately...
JES International companies sue former administrative officer
ATHENS: Four China-based subsidiary companies of JES International Holdings intend to sue Ju Li Li, a former administrative officer of...
Teekay shipping tanker in Australia refuses to sail vessel in protest
ATHENS: Australian crew onboard an oil tanker operated by Teekay Shipping are refusing to sail the vessel to Singapore from...
Spain brushes off Greece concerns as it hikes growth forecast at 3.3% in 2015
MADRID: Spain’s Prime Minister Mariano Rajoy on Thursday brushed off any concern of a spillover of the Greek crisis to...
Greece Banks Likely to Cling On Just Long Enough for Vote
ATHENS: Greece banks could need a fresh cash injection as soon as the result of Sunday’s referendum on the nation’s...
Hedge funds seek Greece opportunities
ATHENS: A handful of hedge funds have been finding trading opportunities in the turbulence of Greece’s debt showdown. While the...
Union of Greece Shipowners denies phase-out of offshore tax status
ATHENS: Greece’s shipping community should calm its fears that the Greek government has bowed to Eurogroup pressure to phase-out offshore...
Place reserves for Mr Tsipras in the Museum of Political Irrelevance
ATHENS: One ought to be careful in writing anything about the Greek crisis, because the mercurial temperament of the prime...
Greece’s MFS Shipmanagement sees 11 vessels, sells 4
ATHENS: Greece’s MFS Shipmanagement has had 11 of its vessels stopped or arrested at ports worldwide and is selling four...
Nigerian, Greek ship owners sign MoU on supply of 40 vessels
ABUJA: Nigerian ship owners and their Greek counterparts have signed a memorandum of understanding (MoU) on the supply of 40...
Canadian small businesses suffer from Greek crisis
TORONTO: Alexander Alexakis is praying for a resolution to the Greek crisis. As a Greek-Canadian, he sympathizes with the Greek...
Greece in billions of financing gap over next 3 years: IMF
ATHENS: Financing needs for Greece could add up to over $55.42 billion (50 billion euros) over the period from October...
Greece in dire jeopardy as banking cash reserves down to €500m: Greek Herald
ATHENS: Greece was staring at a massive financial crisis with final cash reserves of its banking system down to a...
