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- Indexed articles, last 90 days
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- Jul 6, 2026
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Contships signs deal with Hubei Guangji to build up to 30 feeder containerships (opens the original)
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Specifically, CLC Newbuildings Inc., a wholly owned subsidiary of Contships Logistics Corp., has signed a Letter of Intent (LOI) with Hubei Guangji Green Energy Shipbuilding Group Co., Ltd. for the construction of 10 next-generation 1,300-TEU containerships, with options for an additional 10 plus 10 vessels. The vessels will be based on the “ContshipMax CV1300” design, developed in cooperation with SDARI, featuring a capacity of 1,324 TEU, 340 reefer plugs, high operational flexibility, as well
Capital Maritime Finance Corp. launches Greece's first shipping IPO with exclusive listing on Euronext Athens (opens the original)
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The move also marks the first major step towards establishing Athens as a strong global shipping hub. According to sources, the company, owned by interests linked to Evangelos Marinakis, is targeting proceeds of up to €200 million through the IPO, with the funds earmarked to finance its newbuilding programme and meet working capital needs. CMF’s offering combines long-term growth with investment value through a business plan focused on acquiring containerships and other vessel types backed by lo
Crete-Attica power interconnection wins "Strategic Project of the Year 2025" award (opens the original)
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The award was accepted by Despina Paliarouta, Secretary General for Energy and Mineral Resources; Ioannis Margaris, Deputy CEO of the Independent Power Transmission Operator (IPTO) and General Director of Technology, System Development and Strategy; and representatives of the contractors. The state-of-the-art interconnection, built by IPTO through its subsidiary Ariadne Interconnection, was implemented with significant support from the Ministry of Environment and Energy. Leading construction com
Dust+Cream: Streamlining store network, expanding presence in Southeast Europe (opens the original)
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According to management, taking into account the challenges and opportunities arising from the macroeconomic and sector environment, the company’s goal for 2026 is to return to profitability and strengthen its market position by optimising the operation of its stores and increasing the contribution of higher value-added products. Specifically, Creamteam is planning to close company-owned stores with negative direct operating profitability. These will either be replaced by new locations or their
PPA S.A. shows resilience; â¬106.7 million in investments (opens the original)
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Despite the volatile geopolitical environment, PPA S.A.âs total revenue dropped 8.9% to â¬111.9 million, from â¬122.8 million in the corresponding period of 2025. Net profit after tax amounted to â¬35.4 million, compared with â¬46.7 million in the first half of 2025, representing a 24.4% decline. During the same period, PPA S.A. invested â¬106.7 million in infrastructure projects and equipment, significantly accelerating its investment programme. Total assets stood at â¬746.8 million, up
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