The Union of Greek Shipowners (UGS) is maintaining its opposition to scrubbers as way to comply with the IMO’s 2020 sulphur cap despite significant investments in exhaust gas cleaning systems by some of its members.

The Union of Greek Shipowners (UGS) have hit out at the IMO’s approval the use of scrubbers to comply with 0.5% sulphur cap, and called on more maritime nations to “step up” efforts to have safety concerns about the shift to new low-sulphur fuels in 2020 properly addressed by the UN body.

Union of Greek Shipowners leader, Theodore Veniamis is confident, “2018 looks like being a year in which all shipping sectors will be able to return to growth and profitability”.

A feisty Theodore Veniamis, president of the Union of Greek Shipowners, pulled no punches when he told fellow shipowners gathered for the UGS agm, on 3 February, that Greek shipping is under attack from many quarters.

Incoming European Commission President Jean-Claude Juncker made Athens his first call after being elected to head up the European Commission and though he made no promises, by the time he flew out of Athens, Greece believed it had an ally in Brussels. A key issue was illegal immigration, which concerns both the Greek government and the country’s shipowners.

With a week to go until Posidonia 2014 we take a look at the Greek shipping fleet and numbers tell the story. Greeks control 16.25 % of the world fleet and 46.7 % of the EU fleet in terms of dwt capacity.

Literally within hours of world’s largest classification society opening for business its ceo was making plans to fly to Greece to meet with leaders of the Union of Greek Shipowners (UGS). His mission, to explain the creation of DNV GL Group and allay concerns within the Greek community about the creation of the classification giant.