Fortsakis Diakopoulos & Associates has advised the Hellenic Republic Asset Development Fund on the sale of a 67% stake in the Heraklion Port Authority to a consortium consisting of Grimaldi Euromed and Minoan Lines.

Djingov Gouginski Kyutchukov & Velichkov has advised ICBC International Finance Limited on a USD 66.22 million ship financing extended to the Navibulgar group. Stephenson Harwood reportedly advised Navibulgar.

The KLC law firm has advised the Hellenic Republic Asset Development Fund on the Court of Auditors' pre-contractual review of the tender and contract for the sub-concession of a multi-purpose terminal within the Philippos II port.

Amendments and supplements to the Customs Law, enacted in December 2022, amended the misdemeanour provisions for violations of this law. The amendments introduce greater certainty regarding the misdemeanour liability of importers and customs representatives for submitting customs declarations and accompanying documents with the goal of legitimate con­ducting of customs procedures. In this ar­ticle we present our interpretation of the respective amendments.

Zepos & Yannopoulos, working with Cyprus' Tassos Papadopoulos and Associates, has advised the Nabtesco Corporation on its acquisition of maritime technology start-up DeepSea Technologies.

Zamfirescu Racoti Vasile & Partners has advised Transport Trade Services on the EUR 21.8 million acquisition of a 99.9% stake in Constanta port operator Decirom.