Water transport

Oruc Reis sails back into Greek waters

Seismic vessel Oruc Reis entered Greek territorial waters on Thursday afternoon and is moving westward, within the area outlined by the Navtex issued by Turkey's navy on Monday.

The ship is accompanied by the auxiliary vessels Ataman and Cengiz Han and Turkish Navy ships. which in turn are monitored by the Greek Armed Forces.

Aegean ferries to lose 20 mln in one month

The 22 large ferries still providing coastal shipping services across the Aegean Sea are suffering daily losses of 660,000 euros, market experts note.

These losses have come to a total of 20 million euros in just one month for the ferry operators, and will rise to 40 million if this situation continues - as expected - for two months.

Cruise giants target Piraeus

As work got under way on Piraeus Port Authority's (OLP) new cruise terminal on Tuesday, top officials of global cruise tourism giants Carnival and Royal Caribbean expressed confidence that it would reposition Greece's main port at the center of the Mediterranean cruise market.

Shipping frets over fuel rules

The shipping industry appears particularly concerned with the new regulations whose introduction the International Maritime Organization is considering ahead of reaching the target of zero-carbon fuel by 2050, the 11th Annual Capital Link Greek Shipping Forum heard on Thursday in Athens.

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