
Ferry companies proceeded to a new, second, increase for 2022, in the price of passenger tickets from 15/06 on most routes, due to the ever-increasing cost of fuel that has boosted burdened ship operating costs by up to 70%.
According coastal shipping industry execs, a passenger ferry on the Piraeus-Chania line needs about 33 tons of fuel per day to operate this route.
Oil price hikes
One ton of “VLSFO” fuel (low in sulfur fuel used on ships without scrubbers) now costs $ 1,264 a ton, up from $ 480 last year.
Thus, a ship on this line now pays 41,250 euros for fuel each way, from 15,840 euros needed about a year ago.
New price hike
The new increases in ticket prices range from 5% to 10% on average, while it is noted that the previous increase was made in April 2022 and reached an average of 10 to 12%.
According to some information, for some destinations and itineraries there might be a new small increase from July 1.


Latest News

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.

Alter Ego Ventures Invests in Pioneering Gaming Company ‘Couch Heroes’
Alter Ego Ventures' participation in the share capital of Couch Heroes marks yet another investment by the Alter Ego Media Group in innovative companies with a focus on technology.

Corruption Still Plagues Greece’s Driving Tests
While traffic accidents continue to claim lives on Greek roads daily, irregularities and under-the-table dealings in the training and testing of new drivers remain disturbingly widespread