Port Authority

The “Left” government of Alexis Tsipras fulfilled the wishes of the Russian tycoon, Dmitry Rybolovlev, and banned the free passage of any vessel in the sea area of Skorpios island.

Skorpios island was bought by Rybolovlev as a gift for her daughter’s birthday.

Swedish builder Skanska said May 29 that its LaGuardia Gateway Partners consortium had been selected as preferred bidder in a $3.6 billion project to build a new terminal at New York's LaGuardia Airport.

By Vangelis Mandravelis

A possible deal between the government and the country?s creditors will signal the restart of a series of privatization projects, according to a top official at state sell-off fund TAIPED. Seven projects that have been frozen will get a new lease of life.

Athens?s lack of progress in its negotiations with the country?s creditors and increasing talk of a Greek eurozone exit weighed heavily on local stocks on Friday, forcing losses of exactly 3 percent on the benchmark. Trading volume rose on the increase in sales.

At least seven migrants were killed when a boat capsized and sank off Turkey's southwestern province of Mu?la Feb. 7.

There were around 15 people on board when the boat sank after its engine collapsed off the Hisarönü port city near the Marmaris district, Mu?la Governor Amir Çiçek said, adding that six people were also rescued.

By Nikos Roussanoglou

Work gets under way on the expansion of the cruise terminal in Piraeus this year, set to make it the biggest cruise hub in the Eastern Mediterranean, allowing for the docking of the biggest and best cruise ships, whose length exceeds 300 meters.

The investment is worth 136 million euros, which is 95 percent subsidized by the European Union.