The past year has been pivotal for shipping, both nationally and internationally. Once again, Greek shipping demonstrated its ongoing suprem- acy, not only as the backbone of Europe’s maritime sector, but also as a leader on the global stage.
This leadership is grounded in a rich maritime heritage, ingenuity, and strategic thinking that embraces creativity and innovation. Ingenuity, as the ability to find immediate and effective solutions; creativity, as the art of adaptation; and innovation, the driving force of progress, are all at the core of our industry.
Greek shipping continues to stand strong and evolve despite multiple challenges in a complex global environment. Rising costs, a patchwork of environmental regulations, and geopolitical tensions create a lot of uncertainty. Yet time and again our sector has proven itself to be a stabilizing economic and social force through our collective actions and steadfast commitment to responsibility, sus- tainability, and progress.
A landmark moment in 2024 was the recognition of shipping’s strategic im- portance in the “Future of EU Competitiveness” report led by Mario Draghi. It highlighted the sector’s vital role, not only in Europe’s competitiveness but also in supply chain security and economic autonomy. Such institutional acknowl- edgment confirms shipping’s position as an unwavering pillar of the European economy.
In 2024 Greek shipping made significant strides in tackling the dual challenge of competitiveness and environmental responsibility. Decarbonization is one of the most formidable challenges maritime transport has ever faced. However, inno- vation remains the compass that guides us through these uncharted waters. Investment in research and new technology, such as drop-in fuels and carbon capture and storage solutions, have become top priorities. Meanwhile, low- or zero-emission technology combined with energy-saving measures give us a path forward. Supporting these initiatives requires strong collaboration between shipbuilders, equipment manufacturers, and fuel producers to ensure that sustainable fuels and zero-emission technology become economically viable and globally available.
At the heart of our evolution lies human capital. In an industry where safety is non-negotiable, education and training remain cornerstones of progress. Moreover, fostering a mindset that embraces decarbonization and innovation is crucial for future generations. Young people bring the creativity and determi- nation needed to address challenges in our rapidly changing landscape and we must provide them with the tools to thrive.
Shipping remains a world of opportunity. The achievements of 2024 reaffirm that we can adapt, innovate, and move forward. The future belongs to those who are willing to invest in people, ideas, and solutions that will shape a more sustain- able world.
Greek shipping rooted in the nation’s maritime legacy, ingenuity, and strategic vision, continues to honor its past while navigating the future with creativity and resilience. Solid and steadfast, yet at the same time adaptive and agile – shipping redefines itself and yet remains a beacon of excellence and responsibility.
* President of the Union of Greek Shipowners