Greek shipping "a beacon of stability in a volatile global environment," says union leader

Greek shipping still number one in the world Greece

The president of the Union of Greek Shipowners, Melina Travlos, said on Thursday that shipping has operated and continues to operate as "a beacon of stability in a volatile global environment."

In a statement issued on the occasion of the Posidonia international shipping exhibition, to be held in Athens June 6-10, Travlos stressed that the expo "returns this year, after a four-year absence due to the pandemic."

The Greek-owned fleet maintains its leading role in the shipping industry, she noted. "Today it represents a 21% of the world’s tonnage and 59% of the European Union (EU) fleet. In particular, it controls, inter alia, 32% of the world fleet in tankers, 25% of bulk carriers and 22% of LNG carriers.

Greek shipping, which is an integral part of European shipping, provides a strategic advantage to the European Union in its effort to ensure the adequacy and independence of its supply with essential goods and energy," the Union's first female president said.

During the four-year period since "Posidonia 2018", the shipping industry continued uninterruptedly to serve 90% of world trade.

"In the volatile global environment, shipping has acted as a beacon of stability, responding to the unprecedented conditions we have been facing due to the international health crisis the last two years, as well as due to the geopolitical crisis of recent months in Europe," she added.

Posidonia 2022 will also be, she underlined, "an excellent opportunity for promoting the environmental footprint of global shipping, as well as the environmental performance of the Greek-owned fleet."

The expo will also showcase a unique communication platform for ship operation, with applications that lead gradually to carbon-free shipping, Travlos added.

The shipowners' president particularly stressed "the timeless commitment of Greek shipping to the promotion of 'green shipping'," and the sector's frontrunner role in promoting realistic proposals and goals, such as the research and development of alternative, environmentally-friendly marine fuels.

As Travlos added, "The Union of Greek Shipowners is committed that Greek shipping, as a global leader in the industry, will be at the forefront of initiatives to adopt viable policies for the benefit of sustainable development, the protection of the planet and the smooth functioning of the global ecosystem."

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