The company purchased retired ships and refitted the vessels for passenger cruises and ferry services in the Mediterranean and Greek islands.

In 1968 the Greek government investigation of the Heraklion incident found the ship's owners guilty of manslaughter, negligence, and document falsification.

Haralambos Typaldos (company owner) and Panayiotis Kokkinos (general manager) were sentenced to jail.

The line referred to a clause in the passenger contract that indicated, "..steamers, sailing, rates and itineraries are subject to change without prior notice."

The court ruled that the substitution was a radical departure from the performance of the contract and granted monetary damages to the plaintiffs.