Greece’s largest ferry operator says pandemic wrecked a 2020 that began promisingly, leading to a loss of about $59m for the year, but the group sees a glimmer of hope for a better summer in 2021

As losses mount, Greece’s ferry operators complain that the help they are getting from the government is inadequate to see them through the current crisis

The arrival of former Maersk top executive Søren Toft as chief executive of MSC's container shipping and logistics operation represents the first time an outsider has been appointed to such a key role within the family-owned group, and will be watched with interest by competitors to see whether the Geneva-headquartered line's finances become more transparent

While much of the maritime industry was able to weather the storm of the coronavirus pandemic, the cruise sector ground to a halt; Carnival will be at the vanguard of the inevitable rebound in demand from the traditionally loyal customer base but continues to face a separate battle with regulators 

This year’s virtual edition of the Lloyd’s List Greek Shipping Awards event in Athens may lack the din from 1,200 people in a room gathering together, but the online ceremony will seek to preserve other aspects that have made the event popular as it pays tribute to the year’s high achievers in Greek shipping

The ferry company and a number of partnering companies are seeking EU funding to cover part of the costs of the new hydrogen fuel cell-based, electricity-powered ship. They hope it will be up and running in 2027