India's effort to develop its own shipping is an opportunity for cooperation with Greek companies, said Vassilis Korkidis.
Greece and India are two countries in which the shipbuilding and repair sector is reviving at a time when the capacity of shipyards in Asia is currently facing limitations due to a large number of orders for new constructions, emphasised, among others, the president of the Commercial and the Piraeus Chamber of Industry, Vassilis Korkidis, in his talk at the Webinar on shipping, which was successfully co-organised by Enterprise Greece, the Invest India organisation, and the Piraeus Chamber of Commerce and Industry (EBEP).
The president of the Chamber noted that this juncture could bring Greece and India closer for the development of synergies in this field, pointing out the breadth of fields for two-way investments that will lead both sides to a win-win relationship, but also be an occasion for the further development of bilateral economic relations.
The Piraeus Chamber of Commerce and Industry continued and expects the development of collaborations and synergies in all areas of economic activities between the two places, pointing out that the effort of India, a dynamically emerging economy, to develop its shipping is an opportunity for cooperation with Greek companies.
Also, the president of the EBEP, on the occasion of the overview of Maritime Transport 2023 published by the United Nations Conference on Trade and Development (UNCTAD) last month, essentially emphasised that the presentation of problem of congestion in Asian shipyards creates opportunities for the Greek shipbuilding industry to now claim that market for scrubbers, but also tailor-made orders, which are currently monopolised by shipyards in the North Sea and the Adriatic, as well as the modernisation of of the country's coastal fleet.
It is obvious, said Mr Korkidis, that Greece has potential with know-how, which fortunately was not lost during the years of slumber of the shipbuilding sector.
Finally, he listed the necessary improvement interventions that the Greek state must quickly carry out to eliminate "mistakes of the past" in order for all the companies that move around the shipbuilding activities to bring much of the exports being made with materials destined for shipyards in Europe and Asia.
The development of this very market, i.e. a market with high added value and with an export mark, must be the common goal to be achieved with the help of the state, concluded Mr Korkidis.
Interventions were also made by the vice-president of the EBEP, K. Achladitis, and G. Xiradakis, special adviser of the EBEP. In shipping matters, the vice-president of N.E.E., G. Alexandratos, the vice-president of Invest India, Kritika Singh, the president of HEMEXPO, Eleni Polychronopoulou, the ambassador of India in Greece, Rudrendra Tandon, and the ambassador of Greece in India, Dimitrios Ioannou.
READ MORE: “Greece is becoming a trade hub, a gateway for India to Europe,” says Avgenakis.
