On the face of it, Greece’s ferry scene has coped with the upheaval of the Covid-19 pandemic surprisingly well.
When the virus first led to lockdowns in early 2020, many feared that collapsing passenger numbers might prove the last straw for some of the more than 20 companies active in the business.
A year later, the damage is palpable.
The industry accumulated €130m ($152m) in losses last year, Piraeus-based XRTC Business Consultants estimated in its annual report on the sector released on 10 August.
