GREEK SHIPPERS UNVEILED AT MASKED BALL

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP75-00149R000600090004-6
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: November 16, 2016
• Document Release Date: March 17, 1999
• Sequence Number: 4
• Publication Date: August 19, 1963
• Content Type: NSPR

, WASFITNC TON POST AND
Global T ,k ade . . ? . By George Weller
Greek Skippers Unveiled at Masked Ball '
Ai release 2000/05/24: CIA-RDP75-001
STATINTL
VYi
This. class cannot afforcL
the time for Riviera villas or
th
ik
t
e
e
.
~: operatic love affairs.
brothers N. and J. Valassa-
PIRAEI,L'S, Greece --- Amer- inter of Communications. Po- owners. When Washington I
lea's l o o s e embargo tantianos is co-owner with tries to pin them down, they
his brother George in the escape by placing reaponsi-
on trade with Cuba has split Epirotiki Steamship Line, bility for the Cuban deal on
the Greek shipping million- which operates the ship Ev- the opposite company, often
aires into two rival classes: Brest, seen by the U. S, Navy organized in a different coun-
.1'he Haves, who are alrehdy trading with Cuba. try.
wealthy enough and want , Among the most success- Greek a h i p a are always
Greek embargo breaking to fu1 challengers are the Fran- changing flags. Even Niar
stop and the Wantmores, half- co Line, with four ships un- rhos, though no infringer of
way to affluence, who are der the Greek flag and about the trade embargo, keeps his
defying the Kennedy trade 10 under the Lebanese. The three-m a s t c d yacht Creole
l
is uied in.Grecce's national.
ize4.refinery, which is Amer
ieaf operated.
Y/top from multi- to simple
trD.l.ionaires and the Want-
Ji,nrea appear: The new class
i that doesn't mind defying
'boycott.
The abstaining Haves are
led by the famous aristocratic
trinity of the 8,000,000-ton
merchant marine: Aristotle
Onassis, Stavros Niarchos and
the heirs of Stavros Livanos,
who died last month.
Their fleets are huge. Their
international involvements.
especially. with American oil
companies, are enormous.
The wives in these families
tend to have U. S. passports.
Niarohos,. a cautious mav-
erick, brings down from the
Black Sea the soviet crude
oil that is 30 per cent of what
both Greece's King Paul and
l're.sident Kennedy. as long
as no teeth are put in the
laws. ;
runners is the 113,000-ton;
tanker.Sirias. It is top ship of t
the 16-ship flotilla operated
by Emmanuel Kulukundis, a
, fi.
xthe two brothers Nicholas i-
and At 1 it a s Rethytmnis, k,
American and British citt-
yens.
R i1L1'KU!' DIS, past preal-
dent of the Greek-
t mericans Shipowners Assn.'
HEST new millionaires , of N e w York, brought the
Are gambling that. itep.. iidtirnore-to-Carribbean Bull
wants to put fUSCles into ('JCarkcrs of John L. Lewis
they are too busy. Several of,
1ipoulos, with 10 British and
tour Greek embargo runners,
'C'uban runners is for owners
to set themselves up as two
independent companies for
tench ship, one company as
operators and the other as
American. What's more, they
enjoy hi g h influence in
Greece.
Under %rnencan pressure
last March, King Paul passed
Opsie d Ir. ReIeasS120001
/ }.ittly the ship owner Anasta-
i.siosI'otamianos became Min-rJ
operators are the Frang
stas out of tax reach. Fie files the
brothers, A c It i l l e s and ' Liberian flag, operates In
George, one a physician in Greek waters but vests own-
Athens. Starting with Soviet erahip in a Bermuda-b a s e d
lumber trade, they have built ghost called the Imperial In-
up an 18-ship fleet. vestment Company.
are untitrpeded by the royal .~,o.^~ x.,,, ?..~?
decree. They have highly
placed Influence. A third
brother and investor, Chari-
lambos, with royal approval,
enjoys the important post of
Governor of -Northern
Greece.
The "flagship" of the trade',
CPY! GHT