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Last updateΔευ, 01 Ιουλ 2024 7am

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PPA S.A.: First cruise ship of the year arrived at the Port of Piraeus- A large increase in arrivals and passengers

0ΟΛΠ99aThe Management of PPA S.A. welcomed COSTA Deliziosa, the first cruise ship to arrive at the port of Piraeus in the new year, through a special ceremony with exchange of plaques and Christmas treats for all passengers, during their arrival at the Cruise terminal.

Acquisition by Yoda PLC of common units in Capital Product Partners L.P.

cplp1 768x317YODA PLC (the “Company”) hereby announces that the Company’s Board of Directors on 27 December 2023, unanimously approved the entry of the Company into a unit purchase agreement with a third party, Capital Maritime & Trading Corp. (the “Seller”) (the “Unit Purchase Agreement”), relating to the acquisition of 10.000.000 common units representing limited partnership interests (the “Purchased Units”) in Capital Product Partners L.P. ( “CPLP”), a limited partnership organized under the laws of the Republic of the Marshall Islands, being listed in the NASDAQ Stock Exchange, for the total consideration of US$ 160.000.000, settled by the Company in cash concurrently with execution of the Unit Purchase Agreement (the “Transaction”). The Transaction consideration has been agreed between the transacting parties. The Transaction constitutes a transaction at arm’s length and is part of the Company’s business plan to further invest and expand its activities in the shipping sector, as CPLP is an international shipping company engaged in the seaborne transportation of natural gas and it is expected that the investments it holds shall assist the Company in achieving its goals and long-term shipping investment plans. More specifically, CPLP is one of the leading US publicly listed owner of two stroke LNG carriers with 8 currently operational and another ten under orders to be delivered within the next 3 years. CPLP is well positioned to take advantage of the strong fundamentals of the LNG industry with six open LNG/Cs delivering between 2026-2027 and rights of first refusal on a unique fleet of LCO2 and ammonia carriers.

As 2023 draws to a close, the global shipping industry faces challenges ahead

0panama canalAs 2023 draws to a close, the global shipping industry faces challenges ahead, with disruptions at the Panama and Suez Canals threatening to disrupt smooth sailing.

192 GREEK-OWNED SHIPPING COMPANIES AND THEIR 2,057 VESSELS HONORED FOR THEIR PARTICIPATION IN THE AMVER PROGRAM

0C. FrangoulisNumerous Greek shipping companies were commended for their active involvement in the AMVER program at the Greek AMVER Awards, held at the Athenaeum Intercontinental Hotel in December 15.

PPA S.A.: The company concludes the year with two prestigious awards Diamond of the Greek Economy and True Leader 2023

0True Leaders SmallAs the year comes to close PPA S.A. proudly accepts two prestigious awards, in recognition of the company’s business excellence, marking another twelve months of modernization and progress, and the best performance in the company’s history.

PCT receives for yet another year the "True Leader" award by ICAP CRIF

0Captain Wang Jihang Vasilis Rabat1PCT (Piraeus Container Terminal) received another important distinction, during the ICAP CRIF TRUE LEADERS 2023 awards that took place on Tuesday, 19.12.2023, at the Grand Hyatt Hotel Athens. ICAP CRIF, through the Business Award Institution “True Leaders”, rewards for the 13th year in Greece, 87 Companies and 8 Groups-among 80.000 companies that were examined- that have managed to stand out in Greece, based on objective criteria sourced via published data.

The decisions of the central banks have spread optimism to the market

bulk ships 000Despite The negative outlook for economic growth seems that will come to an end within 2024 as the decisions of the central banks have spread optimism to the market.

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