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Major online presence may raise revenue of Greece Hotels by Up to €2.0b

ATHENS: Boheme Suites Hotel in MykonosIf Greek hotels managed to raise their online presence to the same level as the Mediterranean average for Europe, national income from tourism could increase by an estimated 1-2 billion euros a year, according to a National Bank of Greece (NBG) analysis unveiled on Monday. The study said that a greater online presence would attract ... Read More »

Major cruise ship deal secures over 1,350 jobs at Meyer Turku

HELSINKI:  The largest cruise ships in the world today, M/S Oasis of the Seas and M/S Allure of the Seas, were built in Turku. The largest cruise ships in the world today, M/S Oasis of the Seas and M/S Allure of the Seas, were built in Turku. The keels of the largest cruise ships in the world by passenger capacity ... Read More »

Major port investment of €1.5m in Ghana shows APM Terminals’ strong commitment to Africa

CAPE TOWN: APM Terminals in partnership with Bolloré Africa Logistics and the Ghana Ports and Harbour Authority – will invest USD 1.5 billion in a massive upgrade of Tema, Ghana’s most important port. The new project consists of both a new greenfield port outside the present facility and a needed upgrade of the adjacent road network. The Tema project – ... Read More »

Major solar power launches in southern Jordan worth of $170m

AMMAN: A major solar power venture has got underway in Jordan’s southern governorate of Ma’an with investments totaling $170 million and targeted electricity output of 52.5 megawatts. Shams Ma’an Power Generation PSC, the company which will carry the project, launched the construction phase of the electricity generation venture which will use photovoltaic cells. The venture is the first of its ... Read More »

Major solar power launches in southern Jordan worth of $170m

AMMAN: A major solar power venture has got underway in Jordan’s southern governorate of Ma’an with investments totaling $170 million and targeted electricity output of 52.5 megawatts. Shams Ma’an Power Generation PSC, the company which will carry the project, launched the construction phase of the electricity generation venture which will use photovoltaic cells. The venture is the first of its ... Read More »

Finnish ABB signs major agreement of 5500 protection relays with Turkey

HELSINKI: ABB has signed a major agreement with the Turkish utility Cengiz Limak Kolin (CLK) to upgrade the utility’s electrical grid for this purpose ABB will deliver 5500 protection relays that detect and report faults in the network, said company official. ABB’s delivery will strengthen the power distribution network in the regions of Istanbul, Bursa, Antalya and Sivas. This is ... Read More »

Chevron US to quit exploring shale gas in Poland

WARSAW: As Poland has failed to live its early promise of transforming eastern Europe’s energy supplies, Chevron Corporation, U.S energy major that has been carrying out a gas exploration survey in Poland has decided to stop the process. Chevron’s Polish unit “has decided to discontinue shale gas operations in Poland as the opportunities here no longer compete favorably with other opportunities ... Read More »