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Minoan Flying Dolphins Buys Six Ferries

Maritime Activity Reports, Inc.

November 8, 1999

Minoan Flying Dolphins bought six ferries, operating in the sea routes linking the ports of Piraeus and Rafina with the Cyclades islands, from businessman Costas Agapitos. The cost of the acquisitions was not released. The ferries are Express Afrodite, Express Athena, Express Apollo, Express Hermes, Express Olympia and Express Santorini. The fleet additions will quadruple the present carrying capacity of Minoan Flying Dolphins in the Cyclade island routes. The number of passengers is expected to increase by 18,000 daily.

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