“A dynamic global ecosystem coming together at Posidonia confirms that the heart of the global maritime industry beats in Greece,” said Kyriakos Mitsotakis at the opening of the international shipping exhibition “Posidonia 2026.”
The prime minister emphasized, among other things, that Greek shipping is a source of pride and inspiration.
“It is no coincidence that the Greek-owned fleet numbers more than 5,800 ships, accounting for 20% of global capacity and 60% of European capacity. For European shipping, nothing can be done for us without us,” he emphasized.
Mr. Mitsotakis said that at a time when all economies are seeking ways to grow faster, Greek shipping acts as a multiplier.
“At the same time, Greek shipowners are expanding onto land with investments while also making a strong social impact. He cited, for example, the reconstruction of approximately 50 schools in Thessaly, investments in hospitals, and emergency aid for national defense and civil protection. They are continuing the work of national benefactors,” the prime minister emphasized.
“Shipping stands by the State, and the State stands by shipping whenever necessary. It is precisely this alliance that makes us stronger and more effective in our endeavors. Greek-owned shipping is a national and European asset that must be safeguarded, all the more so at a time that starkly highlights the strategic and geopolitical importance of shipping,” he emphasized.
Kyriakos Mitsotakis noted that a disruption to free navigation translates into a global energy crisis.
“You understand how much geopolitical and geo-economic power is conferred upon our country by the fact that 25% of the global fleet and over 80% of the European fleet transporting oil and LNG belongs to our shipowners. The goods and raw materials transported by Greek ships are critical. This is a source of strength for our country, linked to the resilience and strategic autonomy of Greece and Europe, making our country a key player with a pivotal role on the international stage.
A few months ago, Greece had unexpectedly put maritime safety forward as the central theme of its presidency of the UN Security Council. “It is no coincidence that the Greek government decided to actively participate in Operation Shields in the Red Sea to effectively protect freedom of navigation,” he noted while discussing the current presence of the frigate Psara in the region.
“Greece is actively advocating for a return to the previous status quo in the Strait of Hormuz so that there are no tolls or transit fees. They must remain a channel of free navigation, as they were and must become again. “Greece will raise this issue in every diplomatic engagement and at the UN Security Council; we will once again hold the presidency in October,” he stated.
Mr. Mitsotakis also referred to the Green Transition and said that the Greek-owned fleet is already at the forefront of this transformation.
“I believe in the Green Transition. We have transformed from a country that imports electricity into one that exports electricity to the Balkans. I am also a pragmatist. This Green Transition is necessary, but under no circumstances can it come at the expense of the shipping industry’s competitiveness. We must focus on achievable goals.
Global shipping accounts for less than 2% of carbon dioxide emissions while carrying 90% of global trade. Until this transition is fully realized, we must chart a course that is economically sound and does not place an additional burden on global shipping. “If we want Europe to remain a thriving economy, we must take off our blinders,” emphasized Mr. Mitsotakis, who said he takes it for granted that the objections of other maritime nations will also be taken into account in the final agreement.
“Shipping is a sector of strategic importance for Europe. It cannot be addressed with one-size-fits-all policies,” he noted.
“At the national level, this government can be proud of the revival of Greek shipyards. They are creative hubs by the sea that provide jobs and good wages for workers. We are also proud of the dynamism of our ports. We must also focus on the smallest island ports.
We are proud of our coastal shipping. We are especially proud of Piraeus. And this message must become part of society. Let us launch a major effort to make seafaring attractive to the younger generation. It is a challenge we must win together. Artificial Intelligence is already being utilized.
The human factor at sea will always be decisive. Our country has also attracted the management of third-party vessels. We have everything needed to make the Greek flag an attractive choice as well,” said Mr. Mitsotakis.
The Prime Minister expressed optimism that Greeks will continue to dominate the oceans.
“The foresight, realism, and boldness that brought Greek shipping to the top will continue to be our greatest assets. The Greek state will remain an ally. We view shipping as our country’s unique global advantage. Together, we can achieve great things and go even further. “Good luck at Posidonia and fair winds to all,” said Mr. Mitsotakis as he concluded his speech.