Greece
Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people
Greece shipping companies mull a move to Cyprus
ATHENS: Greece shipping companies are mulling a move to Cyprus as uncertainty over the future of their offshore tax status...
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 shipowners to sell 40 ships to Nigeria for coastal trade
ATHENS: The Nigerian Ship Owners Association (NISA) has signed a memorandum of understanding (MOU) to buy 40 vessels from a...
Fredriksen merges his two Frontlines, Hemen owns 52% stakes
ATHENS: Fredriksen-led Frontline and its affiliate Frontline 2012 have agreed to merge to create one of the biggest tanker operating...
Statoil suspends drilling rig in Norwegian Sea until March 2016
ATHENS: Statoil has idled its Scarabeo 5 drilling rig “due to overcapacity in its rig portfolio”. The rig will be...
Greece becomes first advanced economy in arrears of €1.5b to IMF
ATHENS: The International Monetary Fund confirmed Greece had not made its 1.5 billion euro loan repayment to the Fund, making...
Greece seeks Eurogroup, ECB support after IMF default
ATHENS: Greece was appealing to its euro zone partners and the European Central Bank on Wednesday to keep it afloat...
Oil price declines $63 as Greece defaults, supply soars
ATHENS: Oil fell below $63 a barrel on Wednesday after Greece defaulted on its debt to the International Monetary Fund...
Chinese companies start to eye on Greece deals
ATHENS: As the risk of Greece leaving the euro zone looms larger, Chinese companies are making tentative assessments of potential...
Frederickson, Saverys form gas giant with Flex LNG
ATHENS: Flex LNG is to acquire LNG vessels and other assets from Belgium’s Exmar and Fredriksen-led Geveran in a deal...
Shell Gas & Power Developments 3 FLNG units from Samsung in $4.7b deal
ATHENS: Shell Gas & Power Developments has ordered three floating LNG units (FLNG) from South Korea’s Samsung Heavy Industries in...
Navios Maritime Partners hires capesize Navios Fantastiks for a period of 16-20 months
ATHENS: Navios Maritime Partners has chartered out capesize Navios Fantastiks (180,265 dwt, built 2005) for a period of 16-20 months....
Awilco LNG sells VLGC WilPower gas carrier at a $3m loss
ATHENS: Awilco LNG has sold its 32-year-old VLGC WilPower (125,000 cbm, built 1983) to an undisclosed buyer. A price for...
Seaspan boxship delivers to begin timecharter to Yang Ming
ATHENS: Seaspan has received its fourth 14,000-teu container ship to be delivered this year, which will commence a ten-year fixed-rate...
Seaspan containership with 14,000 TEu gets 10-year timecharter to Yang Ming
ATHENS: The new Seaspan containership has taken delivery of a new 14,000-teu containership, which has been fixed on a 10-year...
CPP new panamax containership gets CMA CGM contract
ATHENS: NASDAQ-listed Capital Product Partners (CPP) has taken delivery of a new panamax containership, which will commence a five-year timecharter...
Statoil bucks orders $1b oil platforms for Johan Sverdrup field
ATHENS: South Korea’s Samsung Heavy Industries has won a KRW 1.12tr ($1.06bn) fabrication contract to build two new offshore platforms,...
Liannex bids for Yinson’s non-oil, gas subsidiaries
ATHENS: Liannex Corporation (S) has placed a RM 228m ($60.4m) bid to acquire the non-oil and gas subsidiaries of Malaysian...
CMA CGM receives $1bn loan from Chinese export credit bank
ATHENS: French container carrier CMA CGM is to secure $1bn in financing from the Export-Import Bank of China. The two...
Greece council recommends 60 euro limit on ATM withdrawals from Tuesday
ATHENS: The Greece financial stability council has recommended keeping automated teller machines (ATMs) shut on Monday and limiting withdrawals to...
