Greek Ferry Exec Plunges To His Death

Wednesday, November 29, 2000
A senior executive at the shipping company which owned a Greek ferry that sank in September killing 80 people, plunged to his death from the sixth floor of his office building on Wednesday, Reuters reported. Police said Pantelis Sfinias, vice president of the board of directors of Minoan Flying Dolphins, a subsidiary of Minoan Lines, was seen by passers-by and employees stepping off the building in the port of Piraeus. The Express Samina sank off the island of Paros with 500 people aboard in Greece's worst maritime tragedy in decades. Police said they believed Sfinias's death was a suicide. "When the ambulance arrived to take him to hospital he was already dead," a police official said. News of Sfinias's death shocked the company and the Athens Stock Exchange. Minoan Lines stock hit effective limit down, dropping by 11.98 percent. "The market reacted to the news. It is tragic," said Thanassis Margielos, an analyst at Attalos Securities. The government said an investigation had begun into the "dramatic suicide". "The conditions under which the event took place are being investigated," government spokesman Dimitris Reppas said. The Express Samina sank after crashing into well-charted rocks just before reaching port at the Aegean island of Paros. Its captain and second officer were charged with manslaughter and other lesser charges. A public prosecutor also brought blanket charges of "endangering passengers resulting in death" against anyone at the shipping company found responsible for the accident. Prosecutor Dimitris Dadinopoulos did not name anyone at the time but said further investigation was needed to determine whether anyone at the company was responsible. Sfinias had defended his company, telling media it could not be blamed for a mistake on the ship's bridge. The captain said he was taking a nap shortly before the crash and his number two told investigators he tried to steer the ship away from the rocks but bad weather prevented him. Survivors described chaotic scenes during the sinking, with passengers plunging into dark stormy waters, often without life jackets. Many complained the crew was unhelpful and life-saving equipment inadequate. The sinking prompted the Merchant Marine Ministry to ban dozens of ferries from sailing until they upgraded their safety standards.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

MHI's Entity to Oversee Material Handling Equipment, Engine and Turbocharger Businesses

Today Mitsubishi Heavy Industries, Ltd. (MHI) decided in principle to launch a new wholly owned entity to integrally oversee its current businesses in material

Globus Maritime Reclassifies Board Member

Globus Maritime Limited, a dry bulk shipping company, announced today that when Georgios Karageorgiou, a Class I director of Globus Maritime Limited  resigned on December 28,

First Panama Canal Water-Saving Basin Filled

The Panama Canal Authority (ACP) announced that the first water-saving basin of the Agua Clara Locks’ upper chamber has been filled to the required level in order

Ports

COSCO Plans European Transhipment Hub

China's COSCO is forging ahead with a plan to build a European transhipment hub, reports Reuters. The state owned shipping giant is expected to make an offer for

MOL Enhances CSW Service between Asia and East Coast South America

Mitsui O.S.K. Lines (MOL, President & CEO: Junichiro Ikeda) today announced the enhancement of its Asia and East Coast South America trade by merging existing

World's Richest Travellers Prefer Panama

According to AFP Relaxnews, Panama saw the most growth in interest among the world’s richest jetsetters for travel this winter and spring.   Panama saw the most

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Pod Propulsion Port Authority Ship Electronics Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0932 sec (11 req/sec)