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Tsakos Energy Navigation is expanding its investment program by focusing on shuttle tankers. According to Xclusiv, the group will proceed with the construction of nine more shuttle tankers (DP2) in…

The Hellenic Public Properties, a subsidiary of the Superfund, has entered into a significant business agreement regarding the sale of its participation in Marina Zeas S.A. (25%) to the majority…

OTE Telecoms achieved its targets in 2024, recording strong operational and financial performance in Greece, its president and CEO, Kostas Nebis, stated following the release of its financial figures. “We…

Energean is considering invoking the same reasons as a year ago in order to obtain a new extension of the concession license for block 2, which expires on March 15.…

In a major milestone for the decarbonization of shipping, the Port of Thessaloniki (ThPA) becomes the first port in the European Union and the Mediterranean to integrate RightShip’s Maritime Emissions…

“Following the drilling for hydrocarbons, Greece will gain 1/3, around 35%, which is not bad, it is fine,” Filippos Filippakopoulos, the former CEO of a Greek hydrocarbon management company, Yannis…

The gross tonnage of the Greek merchant marine fleet further dropped in December, according to the Hellenic Statistical Authority (ELSTAT). Despite the significant renewal and development of the Greek-owned fleet,…

OTE’s vision for 2030 and its development strategy were presented by the President and CEO of OTE Group, Kostas Nebis, to more than 400 associates of the GERMANOS store network…

Bank of Greece sees new inflationary pressures in services and core inflation, with the sectoral index of services recording a 5.6% increase in January and core inflation rising by 4.4%.…

Hellas Gold has completed its social investment plan for 2024 in the region of NE Chalkidiki, which includes 130 projects and social actions worth 2.47 million euros. This is an…

Olympia Group and VNK Capital plan to focus on new investment initiatives, according to their announcement after the decision to reduce their participation in Lamda Development, through their joint investment…

Listed companies have distributed or announced dividends exceeding 1.8 billion euros in the first two months of 2025, which consolidates expectations for exceeding the annual target of 5 billion euros.…

New car registrations in the European Union fell by 2.6% in January, according to data from the European Automobile Manufacturers Association (ACEA), which represents Europe’s 16 major car, truck and…

Greece is recording steady progress in the participation of Renewable Energy Sources (RES) in the energy mix, according to a study published by the Center for Liberal Studies (KEFIM) in…

Aegean Airlines inaugurated the air connection between Athens and Erbil, a route that also has great geostrategic importance. Erbil is located in northern Iraq and is considered by many to…

EuroDry Chairman and CEO Aristides Pittas expressed his optimism that the dry bulk market in March 2025 will recover, following the various incentive packages from the Chinese government in combination…

One of Turkey’s largest shipping companies is being relocated to Greece, as investments in the country reached a record level in 2024. The decision, as reported by Turkish media, was…

Piraeus Bank Chairman George Handjinicolaou said that “2024 was a year of significant progress for Piraeus and we are pleased to announce record profitability and growth. At the same time,…

The listed shipping company Costamare is planning to renew its privately owned fleet of dry bulk carriers and increase its average size, as the company reveals in its annual report…

Athens International Airport announced total revenue increased by 10.2% to 665.5 million euros in 2024 compared to 603.72 million in 2023. The significant increase in passenger traffic of 13.1% and…

Virtual Reality (VR) and Augmented Reality (AR) have penetrated technology and marketing, offering new possibilities for enhancing consumer experience and developing advertising campaigns. As consumers increasingly demand innovative and interactive…

Eurobank will proceed with the signing of a Memorandum of Understanding (MoU) with SC Ventures, a member of Standard Chartered, as part of a new strategic partnership to promote innovation…

The new storage and distribution (logistics) center in Aspropyrgos, an investment totaling 70 million euros, will be delivered to InterIkea Group by Trade Estates REIC in 2025. According to competent…

Greece, like the other member states of the European Union, is awaiting the details of the Commission’s proposal to exempt defense investments from the spending limit of the new Stability…

StealthGas closed 2024 with a historic high in profitability for the third consecutive year. Specifically, the Nasdaq-listed company announced profits of 69.9 million dollars – an increase of 34.7% compared…

Eldorado Gold recorded strong operational and financial performance in 2024. As stated by George Burns, President and CEO of the Canadian multinational, “gold production increased by 7% to 520,293 ounces…

The Greek gaming market moved upwards in 2024. According to data from the Hellenic Gaming Commission, the reformed TGR, which includes winnings and bonuses paid to players which are reinvested…

The cost of electricity is expected to fluctuate close to February levels in March, remaining under pressure due to the combination of rising demand and international natural gas prices. The…

The government is closely monitoring developments on the geopolitical scene and is focusing on the need for Europe to adopt a common stance on critical issues. The way in which…

Household consumption, mainly for less “essential” products, has shrunk, according to the data on the course of retail turnover in 2024. The growth rate stood at 2.4%, i.e. below the…

Okeanis Eco Tankers Corp. reported revenues of 393.2 million dollars and profits that exceeded 100 million dollars for another year in 2024. The company, listed on the New York Stock…

Nova is committed to investments of 166.1 million euros in fiber optic networks to homes and businesses (FTTH), making use for the second time of the loan facility from the…

Greek tourism is clearly facing the possibility of a major blow this year, due to the ongoing seismic activity between Santorini and Amorgos. Hotel bookings in Santorini have already frozen,…

Performance Shipping, a global shipping company specializing in tankers, remained on a positive course in 2024. The US-listed shipping company announced net profits of 43.7 million dollars, compared to net…

The Clean Maritime Fuels Platform, which represents European shipowners and fuel suppliers, stressed in a statement the need for developing a European supply chain for clean marine fuels. The platform…

The challenges facing the Eurozone dominated the speech of Bank of Greece (BoG) Governor, Yannis Stournaras, to the ambassadors of the EU member states in Athens. Speaking at the event…

Capital Ship Management and Lloyd’s Register have announced the completion of an onshore power supply (OPS) for tankers compatibility test, marking a significant step towards port sustainability. Capital has successfully…

NYSE-listed shipping company Safe Bulkers reported strong revenue and earnings despite a weak dry bulk market environment and geopolitical developments. “We have earned high charter rates for our environmentally upgraded…

METLEN is gaining a leading role in the international metals market by entering into a dual top-level partnership with the multinational giant of the industry Rio Tinto, ensuring the supply…

Shipowner George Prokopiou acquired 100% of the Astir Palace in Vouliagmeni as part of his recent investments at sea and on land. According to the information available, Prokopiou acquired the…

The capitalization of the Athens Stock Exchange stands at its highest level since 2008 (>112 billion euros) with the number of billionaires in the market having increased. More specifically, there…

Hellenic Cables, the cable division of Cenergy Holdings, has signed a contract for the Silver Run Expansion project in the United States. The project is owned by Silver Run Electric…

Passenger traffic rose by 12.4% at all airports in the country in January 2025. More specifically, according to data from the Hellenic Civil Aviation Authority (HCAA), passenger traffic reached 2,712,144…

METLEN achieved strong financial performance in 2024, with earnings before taxes, interest, depreciation and amortization (EBITDA) at historic highs and turnover recording a 3% increase. According to the announcement, turnover…

The Recovery Fund will end in 18 months and the Greek government will need to engage in a race to complete the 248 of the 383 remaining milestones in the…

COSCO Shipping Lines (Greece) announced the re-certification of its Quality Management Systems – ISO 9001:2015 and Environmental Management Systems – ISO 14001:2015, as well as the receipt of the ISO…

Electronic transactions recorded a double-digit increase of 10.7% in 2024, compared to 2023. According to the Ministry of National Economy and Finance, this significant increase in electronic transactions – from…

The Thessaloniki Port Authority S.A., Dimera Land & Property Investments Ltd and the Greek State (specifically, the Ministry of Justice), have signed a sub-concession agreement for the use of premises…

2024 ended on a positive note for the turnover of Greek businesses. According to data announced by the Hellenic Statistical Authority ELSTAT, for all businesses and activities in the economy,…

The second day of the Thessaloniki Summit 2025 concluded with a discussion between the President of the Federation of Industries of Greece,  Loukia Saranti, and the Minister of Development, Takis…