Ministry of Merchantile Marine to be re-established together with the Hellenic Coast Guard


Governmental un-decisiveness continues regarding adapting a firm shipping policy and after two reshapes the Greek shipping sector was integrated to a newly named ministry, Development, Competitiveness & Shipping under Michalis Chrysochoidis (minister) and Charis Pamboukis (deputy minister). As it was expected the Greek shipping community did not welcome this development which will not be an [...]

The 5th International Shipbrokers Forum


Without doubt it was the most prestigious event of the year gathering a large number of participants to attend shipbrokers forum & gala. The forum had the title “Crisis? What kind of crisis?” Panel coordinator was Mr. Nigel Lowry (Lloyd’s List). The president of the Hellenic Shipbrokers Association Mr. John Pachoulis opened the event and [...]

SafeBulkers is the first Greek based shipping company to agree a $122.4 million financing facility with Japanese Governmental financial institutions


An innovative credit agreement was concluded between SafeBulkers and Japanese governmental financial institutions amounting to US $122.4 million to finance the acquisition of three Japanese Post-Panamax class newbuild vessels. The vessel acquisitions from Japanese shipyards relate to one vessel which was delivered in 2010 and two vessels which are expected to be delivered in 2011 [...]



By Harry N. Vafias, CEO & President of StealthGas Inc.

Cyprus Union of Shipowners welcomes New Tonnage Tax Law and piracy measures


The Cyprus Union of Shipowners held it’s Annual General Meeting in Athens and was attended by a number of Shipowning member companies and Government officials, as well as legal and accountancy advisers. Various issues were discussed relating to Cyprus Shipping. The main issues of discussion were the Cyprus Tonnage Tax Law and legal and accountancy [...]



By Capt. Malcolm MacKenzie

PPG’s Seminar on latest innovative coatings and reception


Proposing ways of increasing efficiency and reducing costs in the maritime industry through PPG’s innovative coatings was the main theme of the the seminar organized by PPG Greece on June 2nd 2011. The event took place at Astir Palace Hotel, Vouliagmeni in Athens and was attended by a large number of technical executives from some [...]

ABB Turbocharging event


The Ambassador of Sweden to Greece, Mr. Hakan Malmqvist and ABB Turbocharging organised a seminar for the technical executives of Greek shipping companies. The welcome speech was delivered by Mr. John Kokkotos (ABB SA, Greece, General Manager Marine & Turbocharging). The issue of “ABB Turbocharging facing Energy Efficiency & Low Emission challenges” was presented by [...]

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