Shipping magnate seized in Greece

A Greek shipping magnate has been kidnapped at gunpoint near his home on the outskirts of Athens, police say.

Pericles Panagopoulos was abducted, along with his driver, after their car was deliberately blocked in the seaside suburb of Kavouri.

The two men were bundled into another vehicle, though the driver was released a short while later.

Mr Panagopoulos, who is 70 and said to be in poor health, was the founder of Greece's largest ferry company, Attica.

Police said the kidnapping appeared to have been carried out by three armed men.

Mr Panagopoulos was taken away in a dark van, which was abandoned about 15km (10 miles) away, police said.

The alarm was raised by a builder, who saw the kidnappers hustle their victim into another getaway vehicle. The chauffeur was left handcuffed in the van.

Kidnapping resurgence

Mr Panagopoulos has been described as a shipping visionary, says the BBC's Malcolm Brabant in Athens.

He sold a cruise line in 1990 for $300m (225m euros,