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History

Magna Marine Inc. is a ship management Company with offices in Greece at 157, C. Karamanli Avenue, Voula, 166 73.

Magna Marine is part of the Panagopulos Group of Companies founded in 1971 by Pericles S. Panagopulos.

Pericles S. Panagopulos was born in Athens. He studied Business and Economics in Greece, Switzerland and England. He started his career in shipping at a very young age and worked in both cargo and passenger shipping. In 1971, after several years of working in passenger shipping, he founded Royal Cruise Line (RCL) with the purpose of engaging in luxury cruises. RCL built and operated such well known cruise ships as the Golden Odyssey, the Royal Odyssey and the Crown Odyssey. At the end of 1989, after a very successful performance which lasted for about two decades, P. Panagopulos sold Royal Cruise Line to Norwegian interests. In 1992 he took control of an Athens listed Stock Exchange Company, which he renamed Attica Enterprises, now Attica Group. In 1993, Attica Enterprises founded a subsidiary, Superfast Ferries Maritime S.A., operating state of the art, luxury, newly built, passenger-car ferries between Greece and Italy and becoming instantly the undisputed market leader. Soon after that Superfast Ferries expanded its services to the North of Europe namely between Germany and Finland and between Scotland and Belgium thus becoming the first Greek Company to engage in quality transportation in North European waters with newbuilt, state of the art passenger / car ferries. Since late 1999, Attica Group further expanded in coastal island shipping by creating Blue Star Ferries. Attica was voted “Best Passenger Line of the Year” in Lloyd’s List Greek Shipping Awards.

In October 2007, Pericles Panagopulos sold his interest in Attica Group to the Marfin Investment Group S.A., while he maintained his activities in shipping through Magna Marine Inc, a management company of dry bulk cargo ships, which he founded in 1990. Magna Marine is active in the ownership and operation of Panamax and Supramax tonnage.

April 15, 2010