x

Economy

Turkish Shipowners Make Greek Shipowners Special Guests in Constantinople

September 28, 2022

ATHENS – Their politicians are fighting it out and bringing tensions to a near-conflict level, but everything is just hunky-dory between shipowners as Turkey’s maritime masters made Greece’s counterparts the guest of honor at the Istship International Shipping Conference in Constantinople.

That came as Turkish President Recep Tayyip Erdogan was threatening war and Greek Prime Minister Kyriakos Mitsotakis was firing back ripostes when they took their turns on the stage at the United Nations Annual General Assembly opening in New York.

Nearly 700 industry representatives from all over the world gathered for the event, said the site Tradewinds, which covers the industry, although it’s not nearly as large as the Greek shipowers Posidonia conference in Athens.

Erdogan and Mitsotakis were swapping shots at each other but none of that was going on between the oligarchs of their countries, showing business was business and nothing personal nor political.

“I want to thank our many friends from Greece for their collaboration, support and friendship,” said Cihan Ergenc, President of the Turkish Shipowners’ Association, which hosted the jamboree.

Nikos Marmatsouris, Senior Marketing manager at GAC Shipping, one of the Greek participants gave the love right back. “It was a great honour to have been invited to the event, particularly with Greece being the guest country,” he said.

“We had the opportunity to hear and discuss all the latest maritime industry developments and concerns with a plethora of shipping executives from all sectors and from several countries, at a great venue,” Marmatsouris added.

The Turkish and Greek participants said they stuck together to help the industry deal with some pressing problems, especially decarbonization, said Dimitris Fafalios, representing the Union of Greek Shipowners.

“Shipping unites us,” said Fafalios, who is also Chairman of Intercargo — the international association of dry bulk shipowners and that was backed up by Tamer Kiran, head of the Turkish Chamber of Shipping.

“We believe Turkey and Greece, and other nations … should reconsider pathways for decarbonization, including energy efficiency improvements,” he said, referring to reducing greenhouse cases creating climate change.

“Cooperation among shipowners, as well as with authorities, shall be critical,” Kiran added, the site reported.

Other major players at the event were Pinar Kalkavan, Chairwoman of the Association of Turkish Coaster Owners and Operators, and Charalambos Simantonis, Chairman of the Hellenic Shortsea Shipowners Association.

While there’s worry about Greek and Turkish naval vessels squaring off in the Aegean or East Mediterranean, where Turkey said it would hunt for energy, Greece shipowners use Turkish shipyards to repair, dry-dock and refit their vessels.

Greek shipowners rule the world’s waves and are the biggest players in the sector but Turkey’s shipping is growing although it has just 1.5 percent of the world fleet, compared to Greeks having almost 20 percent now.

But Turkish shipowners share of the global fleet increased in 2021 for the first time in a decade, by 6 percent and the Turkish Shipowners Association said that, “We assume that this enlargement will continue for 2022.”

RELATED

ATHENS – Acknowledging disappointing results in the European Parliament elections for New Democracy, Prime Minister Kyriakos Mitsotakis said there won’t be early elections in Greece and dismissed any idea of taking New Democracy further right.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

1 of 2 Abducted Louisiana Children is Found Dead in Mississippi after Their Mother is Killed

JACKSON, Miss. (AP) — A Louisiana woman was found dead in her home Thursday, and her two young daughters were abducted and found hours later in Mississippi — one dead and the other alive, police said.

ATHENS – Acknowledging disappointing results in the European Parliament elections for New Democracy, Prime Minister Kyriakos Mitsotakis said there won’t be early elections in Greece and dismissed any idea of taking New Democracy further right.

NEW YORK – This year, Leros New York is the standout team in the Premier Division of the Long Island Soccer Football League (LISFL) – and beyond.

ROME - There were multiple triumphs for Greece this week at at the European Athletics Championships in Rome.

LAUSANNE, Switzerland (AP) — The Spanish team for men's soccer at the Paris Olympics got permission Thursday from the IOC to select two players who previously played for other countries.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.