DOCSLIB.ORG

Anek Lines S.A

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Anek Lines S.A ANEK LINES S.A. PRESS RELEASE FINANCIAL RESULTS FOR THE FULL YEAR 2010 ANEK LINES despite the adverse economic conditions and the intense competition succeeded in boosting traffic of both passengers and vehicles in FY 2010 Total Traffic for the Group: Passengers 2.7 mil. (+7%), Vehicles 447 thou. (+3%), Trucks 255 thou. (-2%) Group Turnover: € 263.1 mil. ANEK LINES S.A. (ANEK) announces its financial results for the full year from January 1 st to December 31st 2010 (FY 2010), in accordance with the International Financial Reporting Standards (IFRS): During 2010, ANEK Group operated in the Adriatic Sea (Ancona, Venice), Cretan (Chania, Heraklion), Dodecanese, Cyclades and Northeast Aegean routes through a total of 17 own and chartered vessels. The ongoing financial crisis due to the prolonged recession of the Greek economy, the drop of demand and international trade, the rising fuel prices (in excess of 30%) as well as the intense competition were the main factors shaping the passenger ferry industry during 2010. Despite the prevailing adverse conditions, ANEK maintained market share whereas in some cases like as the Adriatic routes, ANEK managed to boost its share. As far as it concerns the Chania route the entry of a new competitor had caused ANEK to forego market share. As far as it concerns the Cyclades and the Dodecanese ANEK continued to service the public routes. Finally, via its subsidiary “AIGAION PELAGOS” that was incorporated during the first semester of 2010, the Group serviced an East Aegean route via a chartered vessel. Overall, in FY 2010, ANEK serviced 2.7 million passengers versus 2.5 million in 2009, marking a 7% increase, 447 thousand vehicles versus 433 thousand in 2009 marking a 3% increase as well as 255 thousand trucks versus 260 thousand in 2009 marking a 2% decrease due to the drop of merchandise transfer. Turnover More specifically, Group turnover in FY 2010 amounted to euro 263.1 mil. versus euro 274.6 mil. in FY 2009. The decrease is primarily attributed to the intensifying competition, which resulted to the suppression of fare prices. As regards the Parent Company’s figures, its turnover amounted to euro 232.1 mil. versus euro 254.3 mil. in FY of 2009. Gross Profit ANEK LINES S.A. COMP.REG.NO. 11946/06/B/86/07 KARAMANLI AVE., 73100 CHANIA, CRETE TEL :+30 28210 24000, FAX: +30 28210 36200 e-mail: [email protected] 1 www.anek.gr Consolidated gross profit in FY 2010 eased at euro 22.4 mil. versus euro 49.5 mil. in FY 2009. The decrease of gross profit is mainly attributed on the one hand to the drop of sales as well as the increasing cost of sales, which formed to euro 240.8 mil. versus euro 225.1 mil. in FY 2009. The key factor driving cost of sales higher was the sharp increase of fuel prices by euro 22.5 mil. as compared to FY 2009. Respectively, the Parent Company’s gross profit stood at euro 15.0 mil. versus euro 47.1 mil. in FY 2009. EBITDA Group EBITDA in FY 2010 formed at losses of euro 11.4 mil. versus profit of euro 24.2 mil. in FY 2009. This turnout is attributed to the drop of turnover by euro 11.5 mil., the rising cost of sales by euro 15.7 mil. and the other operating expenses, which rose by euro 9.5 mil. due to provisions for bad collectibles. Respectively, parent company EBITDA stood at losses of euro 15.1 mil. versus profit of euro 24.1 mil. in FY 2009. Net results Finally, consolidated net after taxes and minority rights results in FY 2010 amounted to losses euro 89.7 mil., versus losses euro 5.8 mil. in FY 2009. It should be highlighted however that the group results, beyond the aforementioned amounts, also includes extraordinary provision amounting to euro 47.5 mil., which is the amount that the Company has paid as advance payment, pursuant to the agreement for the acquisition of 33.35% in “HELLENIC SEAWAYS” following the seller’s withdrawal from the agreement. The corresponding Parent Company’s net after tax results amounted to losses euro 90.9 mil. versus losses euro 3.8 mil. in FY 2009. Key developments during 2010 • In April of 2010 the 100% subsidiary under the name “AIGAION PELAGOS THALASSIES GRAMMES SHIPPING COMPANY” was established, which is headquartered in Chania, Crete and is active in the charter and management of vessels. The Company proceeded to the charter of a vessel that services a route in the east Aegean and specifically the “Piraeus - Syros - Mykonos - Ikaria - Fourni – Samos”. Moreover as of September 2010, the Company undertook the Heraklion route which it is servicing by chartering Parent Company’s vessels. • In December, the Extraordinary General Meetings of the Company’s shareholders approved: - the reverse split of the company’s shares via increase of the share’s par value from euro 1.00 to euro 1.20 and the subsequent reduction of the number of shares pro rata 1.2 to1, - the decrease of the Company’s share capital through the decrease of the company’s par value of its shares from euro 1.20 to 0.30 per share in order to form a special reserve by the same amount pursuant to the provisions of paragraph 4a, article 4 of law 2190/1920, as in effect, which amounts to euro 120,974,393.70 and ANEK LINES S.A. COMP.REG.NO. 11946/06/B/86/07 KARAMANLI AVE., 73100 CHANIA, CRETE TEL :+30 28210 24000, FAX: +30 28210 36200 e-mail: [email protected] 2 www.anek.gr - the increase of the Company’s share capital through cash payment up to the amount of euro 25,202,998.50 and the issuance of 84,009,995 new common registered voting shares of par value euro 0.30 each with the preemptive right in favor of the existing shareholders, which is underway. • During 2010, the ANEK Group companies continued to comply with the contracts signed with the Ministry of Maritime Affairs, Islands and Fisheries to service the subsidized public lines which concern the transportation between several islands of the Aegean connecting Piraeus with Cyclades, the Dodecanese, Crete and Kithira. Moreover, the vessels “ARIADNI” and “EL. VENIZELOS” were again chartered to foreign companies. • ANEK’s high quality services were acknowledged during the year after receiving several awards and distinctions by the world renowned travel magazine CONDE NAST TRAVELLER after being acknowledged as the “Top Passenger Ferry Company Domestic – International for 2009”. ANEK also was present in several International Fairs with the objective of promoting its top quality services in all destinations and routes it services in the Aegean as well as the Adriatic seas. As regards the prospects and developments, the Group’s management will intensify its efforts for containment of operating cost to the extent that this is feasible, while examining the restructuring of the Group’s fleet in order to become more efficient. It is noted that at the beginning of 2011 ANEK managed to enhance its liquidity by chartering several of its vessels to transfer civilians from Libya. The Group’s management objectives are to achieve recovery from the current adverse conditions the soonest possible providing that the international conditions as well as the country’s fiscal reforms will allow it. ANEK remains the only Greek owned passenger ferry company that contributes to the growth of the Aegean islands and Crete’s economy by maintaining thousands of employees while its non-negotiable values are the constant upgrade of its services to the benefit of its passengers and with respect to the environment. Chania, March 30 th , 2011 THE BOARD OF DIRECTORS ANEK LINES S.A. COMP.REG.NO. 11946/06/B/86/07 KARAMANLI AVE., 73100 CHANIA, CRETE TEL :+30 28210 24000, FAX: +30 28210 36200 e-mail: [email protected] 3 www.anek.gr .
Load more

Recommended publications
  • Early Booking ! Discount !
    VENICE - IGOUMENITSA - PATRAS ANCONA - CORFU - IGOUMENITSA - PATRAS 2017 BARI - CORFU - IGOUMENITSA - PATRAS EARLY BOOKING ! Discount ! NEW For ANEK Smart 20% Bonus Members! YEARS Crete • Chania • Heraklion www.anek.gr Aegean Islands r d ! S e e y o u o n b o a YEARS April 1967. The Cretan folk set the ground for ANEK LINES to conquer the Mediterranean Sea, for more than 50 continuous years. The deep respect for its people as well as its Greek roots is what makes ANEK LINES a great family whose goal is to serve and accommodate thousands of travelers with a state-of-the- art fleet by providing a travel-friendly experience to all. At the same time, ANEK LINES stands by the people of the land where it was founded, by sponsoring sport, cultural and academic projects as well as providing back to the community and those in need among us. ANEK LINES has a clear vision: 23 unique destinations Each one, an unforgettable experience for each and every single passenger. ANEK LINES. Comfort. Luxury. Professionalism. Always ready for a new trip, setting sail for new experiences. Book Online! www.anek.gr Let us welcome you to the world of ANEK LINES. Your pleasant and comfortable journey in the Adriatic and clear blue waters of the Aegean has just begun. The Mediterranean sun, the various unique routes, our constant offer of heartwarming hospitality as well as the experienced crew are all here and ready to help you discover carefree traveling. Enjoy the comfort and quality of your stay. taste our unique Mediterranean cuisine along with refreshing drinks.
    [Show full text]
  • Financial Report ANEK LINES S.A
    CONTENTS STATEMENT BY THE MEMBERS OF THE BOARD OF DIRECTORS .................................................................... 3 ANNUAL REPORT OF THE BOARD OF DIRECTORS FOR THE FISCAL YEAR 2014 .............................................. 4 INDEPENDENT AUDITORS’ REPORT ............................................................................................................ 43 ANNUAL SEPARATE AND CONSOLIDATED FINANCIAL STATEMENTS AS OF 31ST DECEMBER 2017 .............. 50 STATEMENTS OF COMPREHENSIVE INCOME ............................................................................................. 51 STATEMENTS OF FINANCIAL POSITION ...................................................................................................... 52 STATEMENTS OG CHANGE IN SHAREHOLDER’S EQUITY............................................................................. 53 CASH FLOW STATEMENTS .......................................................................................................................... 54 NOTES ON THE FINANCIAL STATEMENTS OF FISCAL YEAR 2017 ................................................................. 55 1. General information for the Company and the Group ....................................................................... 56 2. Preparation basis of the financial statements .................................................................................... 57 3. Principal accounting policies .............................................................................................................. 62
    [Show full text]
  • Venice – Corfu
    ANEK LINES ROUTES FROM ITALY TO CORFU SCHEDULE 2018 IMPORTANT NOTICE: TIMES ARE INDICATED ON LOCAL TIME! VENICE - IGOUMENITSA From 01/01/2018 to 19/05/2018 and from 29/09/2018 to 31/12/2018 Days VENICE Departure IGOUMENITSA Arrival(1) Wed, Sat, Sun 12:00 14:30 (1) The following day VENICE – CORFU - IGOUMENITSA From 20/05/2018 to 28/06/2018 and from 10/09/2018 to 28/09/2018 Days VENICE Departure CORFU Arrival IGOUMENITSA Arrival(1) Wed, Sat 12:00 - 14:30 Fri 12:00 13:45 15:00 (1) The following day *SUNDAY 23/09: VENICE (DEPARTURE 12:00) – IGOUMENITSA (ARRIVAL 14:30 24/09) – PATRAS (ARRIVAL 21:00 24/09) VENICE - IGOUMENITSA From 29/06/2018 to 09/09/2018 Days VENICE Departure IGOUMENITSA Arrival(1) Wed, Sat 12:00 14:30 (1) The following day ANCONA - IGOUMENITSA From 01/01/2018 to 28/06/2018 and from 10/09/2018 to 31/12/2018 Days ANCONA Departure IGOUMENITSA Arrival Tue, Wed, Thu, Fri 13:30 08:00(1) Sat, Sun 16:30 09:30(1) (1)The following day. WEDNESDAY 03/01, THURSDAY 04/01 & FRIDAY 05/01 ANCONA (DEP. 16:30) – IGOUM. (ARR. 09:30) – PATRAS (ARR. 15:00 THE FOLLOWING DAY) ANCONA – CORFU - IGOUMENITSA From 29/06/2018 to 09/09/2018 Days ANCONA Departure CORFU Arrival(1) IGOUMENITSA Arrival(1) Mon, Wed, Fri, Sun 13:30 - 06:30 13:30 05:30 06:45 Tue 16:30 - 09:30 15:00 07:00 08:15 Thu 16:30 - 09:30 13:30 - 06:30 Sat 16:30 - 09:30 (1)The following day.
    [Show full text]
  • Ανεκ 2019 Annual Financi
    CONTENTS STATEMENT BY THE MEMBERS OF THE BOARD OF DIRECTORS ................................................................... 3 ANNUAL REPORT OF THE BOARD OF DIRECTORS FOR THE FISCAL YEAR 2019 ............................................. 4 INDEPENDENT AUDITORS’ REPORT ........................................................................................................... 50 ANNUAL SEPARATE AND CONSOLIDATED FINANCIAL STATEMENTS AS OF 31ST DECEMBER 2019 ............ 57 STATEMENTS OF COMPREHENSIVE INCOME ............................................................................................. 58 STATEMENTS OF FINANCIAL POSITION ...................................................................................................... 59 STATEMENTS OF CHANGE IN SHAREHOLDER’S EQUITY ............................................................................. 60 CASH FLOW STATEMENTS .......................................................................................................................... 61 NOTES ON THE FINANCIAL STATEMENTS OF FISCAL YEAR 2019 ................................................................ 62 1. General information for the Company and the Group ...................................................................... 63 2. Preparation basis of the financial statement .................................................................................... 64 3. Principal accounting policies ............................................................................................................. 71 4. Segmental
    [Show full text]
  • 20161231 Notes Eng
    CONTENTS STATEMENT BY THE MEMBERS OF THE BOARD OF DIRECTORS .................................................................... 3 ANNUAL REPORT OF THE BOARD OF DIRECTORS ......................................................................................... 4 FOR THE FISCAL YEAR 2016 .......................................................................................................................... 4 INDEPENDENT AUDITOR’S REPORT ............................................................................................................ 45 ANNUAL SEPARATE AND CONSOLIDATED FINANCIAL STATEMENTS AS OF 31ST DECEMBER 2016 .............. 48 STATEMENT OF COMPREHENSIVE INCOME ............................................................................................... 49 STATEMENTS OF FINANCIAL POSITION ...................................................................................................... 50 STATEMENT OF CHANGE IN SHAREHOLDER’S EQUITY ............................................................................... 51 CASH FLOW STATEMENTS .......................................................................................................................... 52 NOTES ON THE FINANCIAL STATEMENTS OF FISCAL YEAR 2016 ................................................................. 53 1. General information for the Company and the Group ....................................................................... 54 2. Preparation basis of the financial statements ...................................................................................
    [Show full text]
  • WHY YOGA and SWIMMING? Yoga and Swimming Are a Perfect Combination
    TRIP OVERVIEW Discover the stunning coastlines and crystal clear waters of one of Europe’s southernmost destinations with an unforgettable swimming and yoga holiday on the idyllic Greek island of Crete. From dramatic coastal cliffs to isolated coves, bays and beaches, the island is full of spectacular locations to explore and enjoy. Our base for the week is the remote coastal village of Porto Loutro, which can only be reached by boat, hiking or, of course, swimming! Hotel Porto Loutro on the Hill, offers space for our yoga practice and modern, comfortable rooms with sea views. The property is located on a small rise just metres from the water’s edge and is the perfect place from which to enjoy the tranquillity of this island paradise. With a range of stunning coastal swims, beautiful natural scenery and a long and rich history which dates back to the Minoan civilisation that occupied the island as far back as 3,650 BC, this trip is a wonderful opportunity to discover this truly fascinating part of the world. WHO IS THIS TRIP FOR? This trip is designed for swimmers who enjoy yoga, or who want to explore the benefits of yoga and how it naturally complements and enhances one's swimming. This trip also offers an idyllic coast for swimming and walking, while being based right on the water’s edge in one of Europe’s most remote villages. Swimmers should have a basic understanding of open water swimming and be capable of completing the short swims distances of an average 3 km daily.
    [Show full text]
  • Regulatory Reform in Electricity, Domestic Ferries and Trucking Analyses the Institutional Set-Up and Use of Policy Instruments in Greece
    P@89S@WD@XTPAS@BVG6UPS`S@APSH S@BVG6UPS`S@APSHDIBS@@8@ S@BVG6UPS`S@APSHDI@G@8USD8DU`9PH@TUD8 A@SSD@T6I9USV8FDIB PSB6IDT6UDPIAPS@8PIPHD88PPQ@S6UDPI6I99@W@GPQH@IU ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Co-operation and Development (OECD) shall promote policies designed: -to achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, and thus to contribute to the development of the world economy; -to contribute to sound economic expansion in Member as well as non-member countries in the process of economic development; and -to contribute to the expansion of world trade on a multilateral, non-discriminatory basis in accordance with international obligations. The original Member countries of the OECD are Austria, Belgium, Canada, Denmark, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States. The following countries became Members subsequently through accession at the dates indicated hereafter: Japan (28th April 1964), Finland (28th January 1969), Australia (7th June 1971), New Zealand (29th May 1973), Mexico (18th May 1994), the Czech Republic (21st December 1995), Hungary (7th May 1996), Poland (22nd November 1996), Korea (12th December 1996) and the Slovak
    [Show full text]
  • How Market Demand and Infrastructure Constraints Have Driven the Design of Mediterranean-Based Ferries by Costis Stamboulelis
    RoPax Evolution How market demand and infrastructure constraints have driven the design of Mediterranean-based ferries BY COSTIS STAMBOULELIS RoPax ferry Superfast 1 was designed with an emphasis on increased cargo capacity, having a total of 2,600 lane meters. Photo by George Giannakis. (22) marine technology January 2014 www.sname.org/sname/mt esigning a RoPax ferry for service in the Mediterranean Sea generally is a very chal- lenging project, having to satisfy a large number of often-contradictory require- ments and to observe constraints imposed by international and national rules of the flag state. Ferries operating in the region must comply with Safety of Life at Sea (SOLAS), the International Convention for the Prevention of Pollution from Ships, and European Directive 98/18 in terms of safety and environmental protection. Some national administrations have additional safety rules and other standards concerning a many varied issues ranging from minimum requirements for the comfort of pas- sengers, to requirements for the access and accommodation of handicapped persons, to the transportation of pet animals and hygienic matters in general. The constraints imposed on any particular ferry design are closely connected to the type of service in which a vessel will be employed; the period of the year (summer/winter) during which this service has to be performed; and the characteristics (even peculiarities) of the ports at which a vessel will have to call. In broad terms, RoPax ferries operating in the Mediterranean can be classed in one of the following categories: 1: ferries employed between two or three major ports, either of the same country or of two different countries 2: ferries employed between one major port on the mainland and several smaller (usually island) ports 3: ferries connecting several island ports.
    [Show full text]
  • Italy - Greece VENICE - IGOUMENITSA - PATRAS ANCONA - CORFU - IGOUMENITSA - PATRAS BARI - CORFU - IGOUMENITSA - PATRAS
    TIMETABLES 2017 Italy - Greece VENICE - IGOUMENITSA - PATRAS ANCONA - CORFU - IGOUMENITSA - PATRAS BARI - CORFU - IGOUMENITSA - PATRAS Crete • Chania • Heraklion Aegean Islands YEARS www.anek.gr H/S/F OLYMPIC CHAMPION H/S/F HELLENIC SPIRIT F/B KRITI I, F/B KRITI II • Horsepower: 68.500 hp • Horsepower: 68.500 hp • Horsepower: 32.000 hp • Speed: 30 Knots • Speed: 30 Knots • Speed: 22 Knots • Length: 204 m. • Length: 204 m. • Length: 191,8 m. • Width: 25,8 m. • Width: 25,8 m. • Width: 29,4 m. • Passengers: 1.850 • Passengers: 1.850 • Passengers: 1.477 • Garage capacity: 119 trucks &106 cars • Garage capacity: 119 trucks &106 cars • Garage capacity: 105 trucks & 60 cars • Decks: 11 • Decks: 11 • Decks: 8 VENICE YEARS ANCONA eGNaTIa MOTOrWay ITaLy ADRIATIC IGOuMeNITSa - TurKey’S BOrDerS SEA 6 HOurS aND 10' - 670 KM BARI The routes ITaLy - Greece GREECE & PIraeuS - creTe THeSSaLONIKI are jointly operated with SuPerFaST FerrIeS & BLue STar FerrIeS The routes are operated by IGOUMENITSA aIGaION PeLaGOS CORFU AEGEAN SEA The routes are operated by LaNe Sea LINeS IONIAN SEA PIRAEUS PATRAS PELOPONNESE MILOS KALAMATA RHODES GYTHIO CYCLADES CHALKI ANAFI KYTHERA SANTORINI DODECANESE DIAFANI ANTIKYTHERA CRETE KARPATHOS KISSAMOS SITIA CHANIA KASSOS HERAKLION F/B KYDON F/B ELYROS • Horsepower: 35.600 hp • Horsepower: 35.600 hp Βραβείο • Speed: 25 Knots Μετασκευής 2008 • Speed: 24 Knots • Length: 192 m. • Length: 192 m. • Width: 27 m. • Width: 27 m. • Passengers: 1.750 • Passengers: 1.880 • Garage capacity: 111 trucks & 73 cars F/B ELYROS • Garage capacity: 106 trucks & 55 cars The ShipPax Award for • Decks: 10 Ferry Conversion of 2008 • Decks: 10 Welcome on Board ! ANEK LINES offers consistent and reliable services, through well designed sailing schedules, to cover transportation needs.
    [Show full text]
  • Italy - Greece
    TIMETABLES 2019 Italy - Greece VENICE - CORFU - IGOUMENITSA - PATRAS ANCONA - CORFU - IGOUMENITSA - PATRAS BARI - CORFU - IGOUMENITSA - PATRAS Crete • Chania • Heraklion Aegean Islands www.anek.gr ON BOARD SERVICES A LA CARTE RESTAURANT SELF - SERVICE RESTAURANT CAFÉ – BAR ON BOARD SHOPS WiFi INTERNET hot spot WiFi HOT SPOTS SWIMMING POOL TELEMEDICINE SLOT MACHINES The services may not be available on all vessels. For more information please visit www.anek.gr information more For on all vessels. servicesThe not be available may Welcome on Board ! ANEK LINES offers consistent and reliable services, through well designed sailing schedules, to cover transportation needs. At the same time, the comfort of our modern ships and the on- board services and facilities, are designed to cover all professional driver needs, turning your trip into a unique relaxing experience. For Details & Prices: Please contact our Central Cargo Reservation Offices or visit our website at www.anek.gr H/S/F OLYMPIC CHAMPION H/S/F HELLENIC SPIRIT F/B KRITI I, F/B KRITI II • Horsepower: 68.500 hp • Horsepower: 68.500 hp • Horsepower: 32.000 hp • Speed: 30 Knots • Speed: 30 Knots • Speed: 22 Knots • Length: 204 m. • Length: 204 m. • Length: 191,8 m. • Width: 25,8 m. • Width: 25,8 m. • Width: 29,4 m. • Passengers: 1.850 • Passengers: 1.850 • Passengers: 1.477 • Garage capacity: 119 trucks &106 cars • Garage capacity: 119 trucks &106 cars • Garage capacity: 105 trucks & 60 cars • Decks: 11 • Decks: 11 • Decks: 8 VENICE Ancona EGNATIA MOTORWAy IGOumenitsa - TuRKEy’S BORDERS ITALY ADRIATIC SEA 6 hours and 10' - 670 km bari The routes Italy - GREECE GREECE & PiraeuS - Crete are jointly operated with Superfast Ferries & Blue Star Ferries The routes are operated by IGOUmenitsa AIGAION PELAGOS corfU AEGEAN SEA IONIAN SEA PiraeUS Patras peloponnese MILOS RHODES cyclaDES CHALKI ANAFI santorini DODecanese Diafani crete karpathos SITIA CHANIA kassos Offers - Conditions Heraklion • Departures and arrivals are carried out at local time.
    [Show full text]
  • Anek Lines S.A
    ANEK LINES S.A. PRESS RELEASE FINANCIAL RESULTS FOR THE FIRST HALF OF 2020 Shrinkage of transport work in Adriatic and coastal shipping Group turnover decreased to €55.4 million versus €72.5 million ANEK LINES S.A. (ANEK) announces its financial results for the period from January 1st to June 30th2020, in ac- cordance with the International Financial Reporting Standards (IFRS): The spread of the pandemic COVID-19 during the first months of 2020 brought significant negative impact on the economy. There was a rapid decline in the demand for goods and services while the implementation of emergency measures caused restriction in transfers and, consequently, large losses in maritime transport ser- vices. In the passenger shipping sector, the pandemic during the first half of 2020 caused a significant reduction in all categories of transport work. The strict limitations and bans imposed on passenger transports from and to Italy and the islands, led to a vertical decline in traffic volumes both in Adriatic routes as well as in coastal shipping. ANEK Group during the first half of 2020 operated through owned and chartered vessels in routes of Adriatic Sea (Ancona, Venice), Crete (Chania, Heraklion), Dodecanese and Cyclades, while one vessel continued to be chartered abroad. Having executed 3% fewer itineraries in relation to the first half of 2019, ANEK Group in all routes operated, transferred in total 172 thousand passengers over 370 thousand during the comparable pe- riod (53% drop), 31 thousand vehicles versus 65 thousand (52% drop) and 61 thousand trucks compared to 67 thousand (9% drop). ANEK LINES S.A.
    [Show full text]
  • Greece Travel Guide
    Greece Travel Guide Greece is one of the most popular holiday destinations in Europe. Greece, the nation renowned for being 'the birthplace of Western Civilization', has numerous archeological and natural sites that attract travelers from all over the world. Since centuries the country has influenced the world’s thoughts and practices; be it in science (through Archimedes, Pythagoras, and Euclid), philosophy (courtesy Socrates, Aristotle, and Plato), literature (Homer’s Iliad and Odyssey), or even sports (Olympic Games). Located on the Balkan Peninsula, the southern European country of Greece is surrounded on its three sides by seas – Ionian on the west, Aegean in the east, and the Mediterranean on the south. It shares its northern border with Bulgaria, Albania, Republic of Macedonia, and Turkey. Apart from the Greek mainland, there are a number of islands in the three seas under the Greece’s dominion; significant ones include Crete, Cyclades, and the Ionian Islands. Owing to its proximity to the seas, Greece is blessed with pleasant weather for about seven months, between May and November. Most parts of the country experience the quintessential Mediterranean climate, with hot and dry summers, and wet and mild winters. Summer nights are although enjoyably cooler. The people of Greece speak the Greek language. Major holidays include Easter, Christmas, and the Independence Day on 25 th March. Getting In & Around Greece is well connected with almost all countries of Europe by air, water, rail, and road. By Air: The international airports in Athens, Heraklion, Corfu, Crete, Rhodes, and Thessaloniki receive flights from major tourist destinations in Europe.
    [Show full text]