Today we showed that next to our disagreements we can also write a parallel page with our agreements, Greek Prime Minister Kyriakos Mitsotakis said after meeting with Turkish President Recep Tayyip Erdogan in Ankara. Mitsotakis: We can establish an approach of mutual understanding In joint statements after the meeting, Mitsotakis said that the meeting, the fourth in the last 12
A new report by the Global Maritime Forum (GMF), conducted by engineering and sustainability consultancy company Arup, highlights that achieving the target will require large quantities of scalable zero-emission fuels, a significant proportion of which will be e-fuels based on hydrogen. According to GMF, job creation will be seen in three main phases of the
Banks’ profitability may be moving higher but banking institutions are not functioning as they should, at least in terms of credit expansion, which is one of the core operations that can ensure them healthy and significant profitability in times of growth like the current one. Banks’ profitability comes mainly from increased interest due to rising interest
Costamare announced a significant increase in revenue by 89% or 221.4 million dollars in the first quarter of 2024.The US-listed ship owner and operator of bulkers and boxships saw its revenue jump to 475.43 million dollars in January-March 2024 from 248.8 million dollars in the same period last year. On the contrary, the net profits
Shipowners invested nearly 8 billion dollars in ships that can burn alternative fuels in April, reflecting the industry’s significant steps toward a greener future. “Shipowners’ investment and commitment to more sustainable options is evident from recent ship orders and deliveries,” according to shipping brokerage Intermodal. The data collected by the company’s analysts show that in
The fields of energy cooperation between the two countries are expected to be discussed – among other things – during the meeting between Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan in Ankara. During the greeting addressed by Turkey’s Energy and Natural Resources Minister, Alparslan Bayraktar, to the first Greek-Turkish energy forum
Banks are faced with new challenges as the set of proposed banking reforms known as “Basel IV” will come into effect on January 1, 2025. However, 2025 will also be a year of stress tests for the banks, which should have prepared – and are already doing so – for the requirements provided for by
The Chinese company Yutong, manufacturer of commercial vehicles, mostly electric buses, whose management has established a subsidiary company in Greece, seeks to consolidate itself in Europe. The first electric buses of the Chinese company, which has a share capital of 25,000 euros, are already on the streets of Athens and Thessaloniki. It is recalled that
The dry ports of the Thessaloniki Port Authority (ThPA S.A.) are put into operation again in the Balkans, as it emerged from the regular annual general meeting of the company’s shareholders. The CEO of the company, Arie Koppelaar, announced in response to a question from “Naftemporiki”, that the railway connection between ThPA S.A and the
The price of coffee is expected to increase by 10% – 20% in the next period, the president of the Greek Coffee Union, Tasos Giagoglou, said in an interview with “Naftemporiki.” Giagoglu noted that the increase in the price of the Robusta variety has already dragged down the prices of the Arabica variety. “Certainly we have observed a de-escalation of