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(From Lloyds List)
Byline: Nigel Lowry in Athens
GREEK ferry company Anek Lines has stumbled to a first-half loss despite lifting revenues and the positive effects of a recent debt restructuring.
The Crete-based operator reported a net loss of €9.2m ($11.2m) for the period compared with modest profits of €671,000 in the first six months of last year.
Anek cited increased depreciation charges, fuel and maintenance costs among the reasons for the result.
The company, which has a fleet consisting of 11 ferries and four ro-ros, boosted turn-over by about 9% to ...