Company updates Minoan’s Clout in Hellenic Seaways Grows by GTP editing team 18 February 2016 written by GTP editing team 18 February 2016 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 7 Photo source: Minoan Lines Aiming to boost its presence in the Aegean transportation sector by gaining a majority stake in Hellenic SeaWays (HSW), Greek shipping giant Minoan Lines acquired over 4.5 million euros, or 3.91 percent, of total share capital in HSW, which formerly belonged to Interamerican Group, the company announced this week. The move comes in view of the increasing tourist flow and the dropping oil prices. A Grimaldi Group company, Minoan Lines said it was currently conducting transactions for the purchase of Hellenic Seaways shares owned by investors/minority shareholders. The shipping giant is aiming to take over HSW by adding 12.6 percent of shares to its existing 37.5 percent stake. Hellenic Seaways operates passenger and freight ferry services in the Aegean and Adriatic Seas. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Travelport, Mobacar Agreement Offers More Car Rental Content for Travel Agencies next post Greek Tour Operator Suffers Damage after Arson Attack in Athens You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Celestyal Celebrates Valentine’s Day with Free Cabin Upgrades 5 February 2025 Flisvos Beachfront Apartments Offers Seaside Stays on Skopelos Island 4 February 2025 ITA Airways Unveils New Commercial Benefits as it Joins Lufthansa Group 4 February 2025 HotelBrain Expands with 10-Year Lease of Dion Palace Resort & Spa 4 February 2025 SKY express: Free Tickets for Children, Teachers on All Santorini-Athens Flights 4 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ
