Greece Coastal Shipping Faced with Challenges Despite Tourism Growth
Increasing tourism flows to Greece this year helped boost coastal shipping activities, but much more needs to be done, according to SEEN President Michael…
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Increasing tourism flows to Greece this year helped boost coastal shipping activities, but much more needs to be done, according to SEEN President Michael…
7shares Greece’s passenger shipping sector has been severely affected by the coronavirus (Covid-19) pandemic and its repercussions on travel & tourism, with lost revenue expected to exceed 300 million euros in 2020. Research conducted by the Foundation of Economic and Industrial Research (IOBE) shows that the significant drop of tourism arrivals during the third quarter of 2020 due to travel restrictions and lockdown measures, significantly affected the flow of passengers and the overall transport load of Greek passenger shipping companies. In its latest study, titled “Passenger shippi...