19 September 2018

Greek shipping needs an holistic approach on flag issue

11 June 18 - RE+D Magazine
Greek shipping needs an holistic approach on flag issue



Public entity - GREECE

Solum Property Solutions

Consultant - GREECE


Consultant - GREECE

IBI Group

Consultant - GREECE


Antulio Richetta

Director IBI Group
Registering Greek-owned ships under the Greek flag is an issue of competitiveness, not taxation, Union of Greek Shipowners (UGS) president Theodore Veniamis said at a press conference in the context of the annual Posidonia maritime fair on Friday.


Veniamis referred to the shortage of Greek officers and mechanics on Greek-owned ships, pointing as the cause at state-run training academies that have to deal with a shortage of both students and instructors, the latter of which receive very low salaries.

In contrast, German shipowners have hired close to 200 officers, he noted. Referring to Greek-owned ships Veniamis said, "Shipping will return to Greece when there is a holistic solution to the flag issue, something the Shipping Ministry is willing to bring back to the table," Veniamis said.

Asked if the draft bill of prior actions required by Greece's creditors will include regulations about shipping, the UGS head said the government will not introduce any new elements.

The issue of taxation for maritime shipping raised by the EU's competitiveness committee, he said, is something the government is handling. The term "competitiveness" is key to shipping's survival, Veniamis noted, and must be tackled jointly by the sector, the government and the EU, given the fact that Greek shipping is an integral and strategic part of it.


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