Minoan Lines posts first-half profit after paying off bank debt
Greece’s Minoan Lines has ended the first half of 2018 in the black and can look forward to enhanced results in the second half, which includes the peak summer ferry season. The results come after a busy first six months of 2018 that saw the Grimaldi Group company repay a large syndicated bond loan, leaving itself free of bank debt
The company said it expects the results during the second half will be enhanced by its addition of new routes