Newsfront Naftiliaki

Newsfront Naftiliaki Newsfront/ Naftiliaki is a publisher, print buyer and media and event consultant based in Athens, Greece. This is the official page of Newsfront / Naftiliaki.

The NEWSFRONT.GR internet information service focuses on the worldwide activities of the GREEK SHIPPING community via daily news stories plus regular S&P and newbuilding reports, coverage of ship finance transactions and legislative, maritime policy and other developments affecting the industry. Plus a running bulletin board (On & Off the Akti Miaouli) on staff appointments, new agency representat

ions and other activities linked to the many companies engaged in servicing the GREEK-OWNED MERCHANT FLEET. The NAFTILIAKI INDEX TO GREEK SHIPPING is a comprehensive directory of the Greek-based shipping-related community, with special attention being paid to Piraeus, the hub of Greek shipping. Divided into seven main sections, the Index covers the whole spectrum of activities associated with one of the world's major contributors to seaborne transportation, from port information to administration contact points, through marine equipment manufacturers and their representatives to shipping offices and their directors, and the hundreds of companies providing the back-up services a shipping community requires. The Naftiliaki Index to Greek Shipping is your key to the Greek shipping marketplace. The LEISURE & PLEASURE GUIDE lists a wide range of recommended restaurants, bar-restaurants and tavernas in Piraeus, downtown Athens and the city's northern and southern suburbs. Most tastes are covered, from traditional Greek to international cuisine via Tex-Mex, BBQ, Chinese, Thai and Japanese menus. All listings regularly vetted for quality of food, service and ambiance. Full addresses, contact numbers and information on when open. MEDIA & EVENT CONSULTANCY: Apart from providing press office and other back-up services to the organisers of the Posidonia International Shipping Exhibition, Newsfront/Naftilaki has coordinated on- and off-site receptions, press conferences and media presentations for a number of Posidonia exhibitors.

🚢 Greener Shipping Summit 2025On November 11, we brought together inspiring speakers, leading shipping executives, and a...
18/11/2025

🚢 Greener Shipping Summit 2025

On November 11, we brought together inspiring speakers, leading shipping executives, and a vibrant new generation of maritime talent.

A huge thank you to our distinguished guests for their powerful insights—and to everyone who filled the room with energy and engagement.

Your participation made this event truly unforgettable!

Onward to what’s next! ⚓✨

😄 Moments of relaxed conversation and fun during the Speakers' Dinner, on November 10th, at Nice n Easy, in the Piraeus ...
18/11/2025

😄 Moments of relaxed conversation and fun during the Speakers' Dinner, on November 10th, at Nice n Easy, in the Piraeus Tower!
A warm thank you to everyone who attended 😊


GREECE CALLS FOR 10-YEAR TAX EXEMPTION ON SHIPPING, AVIATION FUELSGreece's positions regarding the EU Energy Taxation Di...
17/11/2025

GREECE CALLS FOR 10-YEAR TAX EXEMPTION ON SHIPPING, AVIATION FUELS

Greece's positions regarding the EU Energy Taxation Directive, within the framework of the green transition, were expressed by the minister of Economy and Finance, Kyriakos Pierrakakis, during his intervention at the EU's Economic and Financial Affairs Council (ECOFIN) meeting in Brussels, November 13.
The minister referred to three sectors of economic activity – aviation, shipping and agriculture –which are of strategic importance for the country and require targeted and careful tax treatment. Pierrakakis welcomed the substantial progress that has been made in the discussions regarding the Energy Taxation Directive after lengthy negotiations, but he emphasized the challenges and potential problems this directive can bring. "We have multiple parallel objectives: we look at sustainability, competitiveness, social cohesion, and territorial cohesion," the minister said.
The careful taxation of shipping and aviation fuels seems to be an issue heavily prioritized by the Greek government. "If we were to implement exactly the same solution with a 'one-size-fits-all' approach simultaneously across all 27 member states, this would not be a recipe for success. And this is why we believe, as Greece, that there are certain sectors that are of critical importance both for us and for the European Union as a whole. I would particularly emphasize the sectors of shipping, aviation, and the agricultural economy. Especially for shipping and aviation, this is a major issue for us, given our geography, our position on the European map, and the length of our coastlines," Pierrakakis stated at ECOFIN.
"If taxes were imposed on the shipping and aviation sectors, this would create a comparative disadvantage relative to other Mediterranean countries that do not have corresponding taxation. Therefore, we must take this seriously into account," he added.
The Greek representative at ECOFIN supported a 10-year exemption from taxation for shipping and aviation. "Furthermore, given that alternative fuels have not yet been developed at scale in these sectors, we fully support extending the ten-year exemption from taxation for these sectors. Any shorter time period is something we would not be willing to discuss," he concluded.

(photo; APE-MPE)

😄Moments of relaxed conversation and fun during the Speakers' Dinner, on November 10th, at Nice n Easy, in the Piraeus T...
14/11/2025

😄Moments of relaxed conversation and fun during the Speakers' Dinner, on November 10th, at Nice n Easy, in the Piraeus Tower!

A warm thank you to everyone who attended☺️

/Naftiliaki

🚢🌿 **Greener Shipping Summit 2025** 🌿A record-breaking event with 700+ participants, including key figures from the mari...
13/11/2025

🚢🌿 **Greener Shipping Summit 2025** 🌿

A record-breaking event with 700+ participants, including key figures from the maritime community and an inspiring number of students and young professionals!

Organized by Newsfront / Naftiliaki under the auspices of MARTECMA, the summit took place on 11 November at the Eugenides Foundation, highlighting how collaboration, knowledge, and resilience can drive a greener and stronger shipping industry.

A heartfelt thank you to everyone who joined us — together we’re steering toward a sustainable maritime future. ⚓💚

US-CHINA TRADE PACT BRINGS RELIEF TO SHIPPING SECTORUnited States president Donald Trump reached, October 30, a trade an...
10/11/2025

US-CHINA TRADE PACT BRINGS RELIEF TO SHIPPING SECTOR

United States president Donald Trump reached, October 30, a trade and economic deal with the Chinese president Xi Jinping that eases the tensions between the world's two largest economies.
The US-China agreement is expected to have strong consequences for shipping, especially for the dry bulk sector. This agreement includes Chinese commitments to open China's market to US soybeans and other agricultural exports, as well as to force China to remove measures it took in retaliation for the US announcement of a Section 301 investigation on 'China's Targeting the Maritime, Logistics, and Shipbuilding Sectors for Dominance', and remove sanctions imposed on various shipping entities.
Meanwhile, the US will suspend for one year, starting November 10, the implementation of the
responsive actions taken pursuant to the Section 301 investigation on 'China's Targeting the Maritime, Logistics, and Shipbuilding Sectors for Dominance'. In the meantime, the United States will negotiate with China pursuant to Section 301 while continuing its cooperation with the Republic of Korea and Japan on revitalising American shipbuilding.
"Following the agreement on October 30 to suspend reciprocal port fees for one year, the dry bulk fleet inefficiencies are set to decline", analytics firm Kpler said. "The move averts disruptive port charges that would have spurred vessel rerouting, longer port stays, and tighter supply. Capesize and panamax rates have softened amid growing Pacific ballast supply and falling bunker costs, while supramax and handysize segments face seasonal Atlantic weakness. A rebalancing of global fleet deployment is now likely, as freight markets adjust to this regulatory reprieve", Kpler concluded.

(photo; APE-MPE)

SHIPPING AND AVIATION JOIN FORCES TO PUSH FOR AMBITIOUS EU CLEAN FUEL INVESTMENTSTwo of the most profitable industries o...
04/11/2025

SHIPPING AND AVIATION JOIN FORCES TO PUSH FOR AMBITIOUS EU CLEAN FUEL INVESTMENTS

Two of the most profitable industries of the European Union, shipping and airlines, have joined
their voices ahead of the publication of the EU-made Sustainable Transport Investment Plan (STIP).
The European Shipowners (ECSA) and Airlines for Europe (A4E) reiterate their call for bold action to accelerate the availability and affordability of clean maritime and aviation fuels and to support production in Europe.
European shipowners and A4E highlight their priorities for an ambitious STIP; the investment of the EU and national ETS revenues back into the decarbonisation of shipping and aviation; the strengthening of production capacity in Europe in order to bridge the price gap; aviation and shipping's priority access to clean fuels; and the simplification of the access to the EU Innovation Fund.

(photo; ECSA)

ONEX READY FOR NEXT STEP IN ENERGY TRANSITION AND DEFENCEThe intersection between the revived Greek shipbuilding activit...
03/11/2025

ONEX READY FOR NEXT STEP IN ENERGY TRANSITION AND DEFENCE

The intersection between the revived Greek shipbuilding activity, defence capabilities building, and energy transition was thoroughly examined during Naftemporiki's 4th Economic Conference, October 30, in Athens.
ONEX Group's president, Panos Xenokostas spoke about the revived shipbuilding and ship-repairing activity in the country and in the world, reiterating that shipbuilding is "a strategic sector for logistics security".
"In 2018 we undertook Syros shipyard that was completely uncompetitive and in 2022 we undertook Elefsis shipyards. We are close to having repaired 800 ships. We achieved our first goal, which was competitiveness," stated Xenokostas. "Our second target is to technologically update our shipyards in order to become energy hubs, capable of military usage and for integrated logistics," he revealed.
ONEX's president also emphasised that the shipyards want to help the shipping industry with its decarbonisation, saying "We will give shipping near-shore and on-shore production of clean energy."
"ONEX has proved that it is making the investments needed," said Xenokostas, adding "We are gaining share from Asian countries, we are gaining the trust of Greek shipowners."
The contribution of the shipyards to national defence could not be absent from the discussion. It had been preceded by the statement–revelation of the Greek minister of Defence, Nikos Dendias, that there is a national plan for a 'Greek ship'. This will initially be a patrol vessel and will later be developed into a corvette. The production of the national ship will take place in the Greek shipyards.
Xenokostas welcomed Dendias' statement, saying "The Hellenic Navy should trust our shipyards. We can prove that we are 10% – 15% cheaper than every other European shipyard and up to 20% faster in time".
Regarding the green transition and the multi-dimensional challenges it poses, Xenokostas explained ONEX shipyards "are focusing on the development of floating parks and on alternative fuels for shipping".

(Photo; ONEX)

PIRAEUS PORT EXPERIENCES A DECLINE IN TEU TRAFFICInsecurity in the Red Sea, and various additional factors, such as dela...
27/10/2025

PIRAEUS PORT EXPERIENCES A DECLINE IN TEU TRAFFIC

Insecurity in the Red Sea, and various additional factors, such as delays in other ports and strikes, continue to affect container transport. Container traffic at the port of Piraeus suffered too, as Piers II and III of the Piraeus Container Terminal showed a significant decline in September.
According to data from Cosco Shipping Ports, in September, a total of 318,000 teu were handled in Piers II and III of the port of Piraeus, compared to 387,000 teu in the same month of 2024, recording a decrease of 17.9%.
At a nine-month level, from January 2025 to September 2025, a total of 3m teu were handled compared to 3.1m teu in the corresponding period of 2024, recording a decrease of 2.4%.
Many large container ships continue to bypass the Suez Canal, choosing to circumnavigate Africa, resulting in Piraeus, which operates as a main hub for Cosco / Ocean Alliance ships connecting Asia with Europe, suffering losses.
Also, the Houthis remain silent on the new ceasefire agreement in Gaza, which was reached with the mediation of the US. Thus, the absence of an official position on their part maintains a climate of uncertainty and insecurity in international shipping.
According to shipping analysts, even if there is a de-escalation, the return to normality of cargo flows will not be immediate, as carriers redraw routes and reassess risks in the region.
Meanwhile, China's largest container shipping company is doubling its investments in logistics both domestically and abroad.

(photo; PCT)

SHIPOWNERS FACE UNFAIR COMPETITION AND DOUBLE TAXATION HAZARDSThe issues that shipowning companies face due to pressing ...
20/10/2025

SHIPOWNERS FACE UNFAIR COMPETITION AND DOUBLE TAXATION HAZARDS

The issues that shipowning companies face due to pressing regulatory challenges were strongly highlighted by the corporate short-sea shipping commercial director of the Italy-based Grimaldi Group, Guido Grimaldi.
In his keynote speech, at the 'Shortsea Promotion Centre Network Conference 2025', Grimaldi stated the EU's "Fit-for-55 package hurts the competitiveness of our industries". Regarding the -often competitive- targets of the IMO and the EU, Grimaldi said "We don't have to pay the risk of the double taxation, because decarbonisation is not a European issue, it's a global one" and emphasised the shipping industry faces unfair competition in terms of regulatory compliance in comparison to other transportation sectors, such as rail and road transportation.
Grimaldi presented the EU ETS and FuelEU Maritime's economic impact on shipping companies by using numbers. Under EU ETS, shipowners will be forced to pay over €8.2bn in 2026. Under FuelEU Maritime, shipowning companies will be obliged to pay more than €65bn by 2050. These significant costs will mostly impact the motorways of the sea, as Grimaldi explained. The necessary thing is to align EU's and IMO's regulations to avoid the double taxation hazards, according to his view.
The Grimaldi Group's commercial director described the company's sustainability strategy and referred to Igoumenitsa and Heraklion ports' acquisition as an important investment. "The cooperation between the Grimaldi Group and the Greek government for the acquisition of the Heraklion port constitutes a European best practice," he said, urging for more partnerships between private and public sectors.
Grimaldi revealed the group owns 24 ports and terminals and focuses on the sustainability of its operations and on reducing emissions. Its newbuilding programme consists of energy efficient vessels that will result in a 60% decrease in emissions.

(photo; Grimaldi Group)

GREEK SHIPPING IS VITAL FOR US ENERGY AND NATIONAL SECURITYGreek shipping appears to have a significant role in US presi...
06/10/2025

GREEK SHIPPING IS VITAL FOR US ENERGY AND NATIONAL SECURITY

Greek shipping appears to have a significant role in US president Donald Trump's shipbuilding industry's revitalisation and his energy dominance strategy. The American interest in the Greek shipping community was reiterated at the '15th Annual Capital Link Operational Excellence in Shipping Forum', held, September 30, in Athens.
The US embassy's Chargé d'Affaires, Joshua Huck, said Greece and the US have two main fields of cooperation: energy and shipping. "Having a robust maritime sector is a strategic sector; we work with our partners, such as Greece, to revitalise our shipbuilding industry", he said.
The current American national strategy seems to include Greece and its shipping community as being indispensable to its objectives. "You can't have national security without energy security and you can't have energy security without shipping", highlighted Huck, reflecting one of the geopolitics most important rules "whoever controls the seas, controls the world".
Huck emphasised that shipping is "the backbone of economic growth" and said that Greece's and US' maritime cooperation will assure that "shipping remains a force of stability".
Greece's Shipping and Island Policy minister, Vassilis Kikilias, declared that "we have compatible interests with the US" and referred to Greek shipowners' role in transporting US liquefied natural gas (LNG) around the world. "Greece, in terms of shipping, is dominant, and the US administration should take advantage of it", said Kikilias, urging American policy-makers to take into consideration the opportunity Greece provides for the US. Kikilias said that Greek shipping is the "path to prosperity" in terms of investing and creating job opportunities for the country.

(photo: Newsfront/Naftiliaki)

KIKILIAS BACKS IMO'S ENERGY TRANSITION BUT CALLS FOR IMPROVEMENTSShipping and Island Policy minister, Vassilis Kikilias,...
22/09/2025

KIKILIAS BACKS IMO'S ENERGY TRANSITION BUT CALLS FOR IMPROVEMENTS

Shipping and Island Policy minister, Vassilis Kikilias, held a meeting with the secretary-general of the International Maritime Organization (IMO), Arsenio Dominguez, in London, on September 16.
Participating in the London International Shipping Week, the minister stressed "Greece, the country with the greatest maritime tradition, which is at the same time the leading maritime power in the world, with 20% of the world fleet and the leading member of the IMO Council in terms of votes, supports the need for global measures for the energy transition of shipping, with the aim of ensuring a level playing field."
However, he stressed that in the implementation of the IMO Net-Zero Framework, improvements are required, as the lack of green fuels requires more realistic timetables, fair treatment of transitional fuels – such as LNG – but also smart use of the reward mechanism, in order to support the adaptation of both bulk / tramp shipping and small and medium-sized enterprises.
Kikilias stressed he shares these concerns of the shipping industry and underlined that the IMO and its member-states must focus their efforts on effectively resolving all these issues in the coming months, so the measures expected to be implemented n 2028 are realistic and practically applicable.

(photo; APE-MPE)

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