>The Producer Of Super Vita Boats Asks For Bankruptcy Protection

>HS Roussen. Photo from Wikipedia by K. KrallisThe Greek shipyard Elefsishas asked for conciliation procedure as it is facing the doomingliquidity problems .The owner of the shipyardNeorion Holdings, announced that they were asking protection fromdebtors under the Article 99 of Law 3588/2007 as they wererestructuring the dept of the shipyard.The shipyard one of thebiggest private... Continue Reading →

>3 Ex-Ministers May Face Charges Over Papanikolis Deal

>When on 22 December 2010, HS Papanikolis, first Type 214 submarine of Greek Navy, finally entered into active service, after a unique and long history of procurement, I thought the drama surrounding these submarines was eventually over.The Greek daily Ekathimerini proved that I was wrong. The Financial and Economic Crime Unit (S.D.O.E) of the Greek Ministry of Finance has conducted an investigation about the prorucement... Continue Reading →

>Greece Will Paticipate In US – Israeli Naval Exercise

>According to Greek blog Strategy Report, Greek Navy will participate for the first time in anti-submarine exercise «Noble Dina», which until now was held between Israel and of the U.S. 6th Fleet in the wider Eastern Mediterranean region.The exercise is scheduled for 4 to 14 April and will cover an area from  Sudan, to  Crete... Continue Reading →

>A Small Naval Review of 2010

>As one year ends and the new one starts, the temptation to make lists about various subjects becomes almost irresistible. So I followed the urge in me and made this 5 point list about the most important events for Turkish Navy in 2010:The Sea Trials of TCG Heybeliada: The first ship of the Milgem class... Continue Reading →

>Chief Of The Hellenic Navy General Staff To Visit Turkey

>Vice Admiral Dimitrios Elefsiniotis, Official PhotoAccording to Greek blog Strategy Report, the Greek Chief of Naval Staff, Vice Admiral Dimitrios Elefsiniotis will pay an official visit to Turkey from 22 to 27 November 2010, in response to a formal invitation to his Turkish counterpart, Admiral Uğur Yiğit.Vice Admiral Elefsiniotis will meet the Commander of Turkish... Continue Reading →

>Finally The End Of An Odyssey: Papanikolis Commissioned

>Without much fanfare or big ceremony, Greek Navy commissioned its first Type 214 class submarine HS Papanikolis, 10 years after they have ordered it and 4 years after she was completed. The boat is expected to start her voyage to Greece in a couple of weeks.Vice Admiral Dimitrios Elefsiniotis, Chief of the Hellenic Navy General... Continue Reading →

>Papanikolis To Be Commissioned At Another Day

> Papanikolis in Kiel I am starting believe why sailors are superstitious people. Some ships are really doomed or some are really cursed with bad luck from the start.The submarine Papanikolis supposed to be handed over to the Greek Navy today. But it turned to be a no show. Despite what I said earlier.Below is... Continue Reading →

>Papanikolis To Be Commissioned in 15th October 2010

>In Greek internet news portals and blog are correct then, Greek Navy will commission its first Type 214 class submarine HS Papanikolis on 15th October 2010, after ten years of the signing of her contract. Her sisters will follow Papanikolis in 18, 28 and 38 months intervals. On 30th September, TKMS the maker of the... Continue Reading →

>F-460 Aegean Back In Service

>F460 Aegean.  Photo: Greek NavyThe Greek Navy took delivery of its last upgraded Elli class frigate, F-460 Aegeon, on 8 September, eight months later than scheduled. Six of the 10 Elli-class frigates operated by the HN have been completing a mid-life modernisation (MLM) programme since 2003 that has upgraded the ships' systems and extended their... Continue Reading →

>The Submarine Deals That Helped Sink Greece

>Last week Wall Street Journal ran an interesting article about the Greek economy and the weapon acquisition for the armed forces. For me the whole issue is a typical example of the guns or butter dilemma. Adding not too honest politicians and creative accounting into the mixture does not make things easier either. There are... Continue Reading →

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