Sponsored By

Towards a greener guture: how shipping needs to adapt and evolve

Adaptability is the key to meeting the challenges currently facing shipping was a clear message delivered to the Greener Shipping Summit held in Athens last week.

David Glass, Greece Correspondent

November 14, 2023

2 Min Read
Greener Shipping Summit in Athens
Photo: Naftiliaki

Under the general title of ‘Where is shipping heading in the next decade?’ 30 industry experts offered a deep insight on key issues concerning shipping, with keynote speaker, John Platsidakis, Honorary Chairman, Intercargo. highlighting that over the years Greek shipowners have followed the evolution of technology and will continue to do so.

“Adaptability is the key word. We all observe fast enhancing technology affecting business and the day-to-day life of all citizens. In parallel, the protection of the environment is at the top of the agenda of society. Every sector of the economy needs to take this into account and certainly shipping needs to do so,” said Platsidakis

“In terms of the protection of the environment, I would say shipping is guilty until proven innocent. Shipping has received heavy criticism as a major pollutant. This is unfair. It transports 90% of world trade, and emits 2.3% of the world’s emissions,”

Platsidakis pointed out to the over 500 attendees attending the 14th Greener Shipping Summit organised by Naftiliaki/Newsfront under the auspices of Greek shipping's powerful Marine Technical Managers Association, Martecma.

During the day-long Summit five panels of discussion were held bringing together some 30 panellists who analysed and presented key topics focusing on the environment, regulations, business trends and the global economy. CEOs, senior officials, analysts and leading market participants provided valuable insight on fast changing topics faced by the shipping industry.

Related:By 2030 all newbuildings will be dual-fuel capable

A main point of discussion in the conference is how shipping can tackle the uncertainty and prepare for challenging conditions. The issue of whether new technologies guarantee the sustainability of shipping was discussed as was navigating the maintenance challenges of two-stroke engines.  

Lefteris Koukoulopoulos, Regional Decarbonisation Specialist, DNV, said that “we need to collaborate between industries to secure the best solution for each industry.” A view mirrored by Fotis Dalmyras, CEO, Andriaki Shipping Co Ltd. “What needs to be done is to get the right collaboration either within the company or with external partners,” said Dalmyras.

Other discussions took place focused on ‘How can a ship operator navigate the complex regulations sea?’ Moderated by Stamatis Fradelos, VP, Regulatory Affairs, ABS, the panel presented CII, EU ETS, FUEL-EU Maritime – Regulatory framework and challenges from verifiers aspect and IMO’s revised strategy and expected impact to industry including the midterm measures (MBMs).

Related:Back to the future with wind assistance

Commercial / financial impact to operators from regional measures (EU ETS – Fuel EU) was addressed as was the changing regulatory landscape as a catalyst for technological advancement in shipping and designing for the future while learning from the past was discussed. Furthermore, Greece’s global position was examined in a discussion about how Greece will maintain its leading position in global shipping.

Moderated by Panos Kourkountis, Chairman of  MARTECMA the final session of the day was devoted to Greek shipping and how Greece will maintain its leading position in global shipping.

Read more about:

DNV

About the Author

David Glass

Greece Correspondent

An Australian with over 40 years experience as a journalist and foreign correspondent specialising in political and economic issues, David has lived in Greece for over 30 years and was editor of English language publications for Greek daily newspaper Kathimerini in the 1970s before moving into the Akti Miaouli and reporting on Greek and international shipping.

Managing editor of Naftiliaki Greek Shipping Review and Newsfront Greek Shipping Intelligence, David has been Greek editor for Seatrade for over 25 years.

Get the latest maritime news, analysis and more delivered to your inbox
Join 12,000+ members of the maritime community

You May Also Like