HSW
Greek coastal shipping industry rapidly sailing toward a duopoly
A new round of restructuring is under way in the Greek coastal shipping industry, with its catalyst being the tender by Piraeus Bank for the sale of a 40.44 percent stake in Hellenic Seaways (HSW) that belongs to the lender's portfolio.
Hellenic Seaways sets out to find a strategic investor
By Ilias Bellos
Conditions are now in place for a strategic investor to participate in the business plan of Hellenic Seaways in the coming decade, thanks to the completion of the coastal shipping company?s loan restructuring agreement with creditor banks and its return to operating profits, company sources have told Kathimerini.