
One very bright forecast for the coming – and all-important – tourism season in Greece is the prospect of a new record in terms of cruise ship arrivals to ports in the east Mediterranean country.
According to the latest figures of pre-bookings and information released by port authorities – especially the Piraeus Port Authority – 752 vessels have already requested docking rights in 2022, a number only in the latter. Of the figure, 575 cruise ships will use Piraeus as their home port, with the rest using it as “transit”.
By comparison, in 2019 – a banner year for Greek tourism – 622 cruise ships docked at the port of Piraeus, Greece’s biggest and largest port facility and the greater Athens area’s maritime hub.
The subsequent year, Covid-19 battered 2020, witnessed a disastrous 88-percent reduction in the number of cruises vessels docking in Piraeus, compared to 2019.
In terms of other ports, 242 dockings of cruise vessels have already been booked for the port of Irakleio, on Crete, compared to 205 two years ago; 489 compared to 416 in 2019 for the Ionian island of Corfu; 103 bookings so far for Hania, also on Crete, compared to 130 for all of 2019.
The northern metropolis of Thessaloniki is also developing into a cruise destination, with 53 vessels scheduled to arrive in 2022, compared to a paltry six in 2019.
The first cruise ship to dock in Thessaloniki, in fact, arrived a few days ago, namely, the Viking Cruises’ “Viking Sky”.


Latest News

Trump Tariffs Jeopardize Growth: Piraeus Chamber of Commerce
The tariffs, aimed at reducing the U.S. trade deficit, are expected to have both direct and indirect effects on the European economy

EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.

The Likely Impact of Trump Tariffs on Europe and Greece
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.

Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year

Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.

Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses

Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.

Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February

Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.

Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)