In the midst of rising tensions between Greece and Turkey over offshore gas supplies in the eastern Mediterranean, the Conservative government has promised to overhaul the loss-making Greek defense industry while improving the country's defense capabilities.
It has said its plans include the overhaul of the Hellenic Shipyards military division, which is based in Skaramangas, near Athens.
Greece has said U.S. International Development Finance Corporation and a Greek company have jointly expressed interest in the shipyards in Skaramangas.
Maritime Business World