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.

PORT UPGRADING PROJECTS AT SOUDA, LEFKADA, MEGANISI AND ANDROSImprovements at the ports of Souda Crete and on the island...
12/01/2026

PORT UPGRADING PROJECTS AT SOUDA, LEFKADA, MEGANISI AND ANDROS

Improvements at the ports of Souda Crete and on the islands of Lefkada, Meganisi and Andros have been included in the Shipping and Island Policy Sectoral Program and the National Development Plan 2021-2025.
At Souda, in Chania, the project will provide new port infrastructure over 8.18 hectares (81.8 stremmas) that include an extension of the 'Adria' pier and dredging works. After its completion, the port's works will total nearly 72.7 hectares (727.2 stremmas). These works will improve the port's capacity and operation as a basic transportation and tourism hub for Crete.
The Lefkada project will improve lighting and create water and power infrastructure pillars for yachts at the ports of Syvota, Spilia, and Vathy. Additional port upgrade projects at Vlycho andNikiana, totaling €220,000, have already been completed, while works to restore operational depths and install a mooring system at the port of Vasiliki (€104,000) are nearing completion.
At the same time, works have commenced on the redevelopment of Gavrio port on the island of Andros. The project, with a budget of €246,901 and funded by the Andros Municipal Port Fund, includes the replacement of pavement on the northern quay, preparation for the future installation of service pillars, and the construction of a new underground stormwater drainage network. In parallel, the ministry has approved and is financing with €700,000 the project "Study for the Improvement and Expansion of the Port Facilities of Gavrio Port, Andros Island", strengthening long-term planning for the port.
Commenting on the projects' funding inclusion, Shipping and Island Policy minister Vassilis Kikilias said the interventions "enforce in practical ways the operational ability and security of our ports and improve infrastructures that support sailing, tourism, and local communities' daily lives." The government's strategic purpose is to ensure ports fulfill current needs and act as levers of growth for each region, he stressed.

(photo; APE-MPE)

DEFENCE RENAISSANCE BENEFITS EUROPEAN SHIPBUILDERSThe intersection of European defence, technology, and geopolitical dev...
15/12/2025

DEFENCE RENAISSANCE BENEFITS EUROPEAN SHIPBUILDERS

The intersection of European defence, technology, and geopolitical developments creates a unique field of opportunities for the renaissance of the European Union's (EU) shipbuilding and shiprepairing activities, both in the civilian and defence sectors.
During the first day of the Hellenic Institute of Marine Technology's (ELINT) conference, on December 9, the senior expert in defence and preparedness at the European Commission, Michalis Ketselidis, stated that defence, technology, and geopolitics are redefining the maritime industry.
Ketselidis explained that EU financing for defence purposes has skyrocketed. For the period 2021– 2027, the EU will allocate €1.5bn per year. He further clarified that this funding is intended for research and development (R&D), industrial uptake, and joint purchasing by member states.
He also elaborated on the need to modernise European shipyards and explained how this funding can be used by the shipbuilding and ship-repairing industry. "Shipyards are one of our priorities; billions of euros will be allocated. Shipyards need to modernise. The whole idea is cooperation. If European shipyards decide to work together, the Commission will fund and assist them," he concluded.
Reflecting the industry's perspective, the chairman of the board of SEA Naval and defence and security director at Fincantieri Shipyard, Davide Cucino, said that the industry is here to share new capabilities with member states and defence agencies. "We need to build ships that deter threats. Multi-modal ships and adaptive," he highlighted.
Cucino also explained that "if we want to protect the civil newbuilding sector, we should increase the resilience of our naval shipbuilding," reiterating that there is no conflict of interest between these sectors, as they perfectly complement each other.

(Photo; APE-MPE)

24 EUROPEAN PORTS SET FOR A CLEAN ENERGY SHIFTThe European commissioner for Sustainable Transport and Tourism, Apostolos...
01/12/2025

24 EUROPEAN PORTS SET FOR A CLEAN ENERGY SHIFT

The European commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, visited, November 24, the Monfalcone shipyard in Italy, one of Fincantieri's main production sites and a strategic hub for European shipbuilding. Tzitzikostas was able to learn more about the excellence of the site, an international benchmark for quality, innovation, and production efficiency.
During the meeting, the need to further strengthen the competitiveness of European shipbuilding emerged, consolidating its leadership in high value-added ships and recovering strategic segments in response to Asian competition. The dual dimension of the industry, which is fundamental for European defence and security, was also reiterated, with particular attention to the underwater domain and the protection of critical infrastructure. The role of innovation in sustainable and digital transition is also central, with a focus on decarbonisation technologies – including long-term solutions such as hydrogen and nuclear – and digital initiatives. All these issues are pillars of the future EU Maritime Industrial Strategy expected in 2026.
Commissioner Tzitzikostas stated that "in the upcoming EU Maritime Industry Strategy, which I will present in early 2026, the European Commission will define actions to strengthen the competitiveness, resilience, innovation, and technological leadership of the sector."
The Greek commissioner noted that a total of 24 European ports will receive funding for the development of onshore power supply, in order to 'green' their port activities and invest in ammonia- refueling infrastructure. The 24 ports will benefit from the integration of more environmentally friendly technologies, including Onshore Power Supply (OPS), the electrification of port services, and ammonia-refueling facilities for supplying maritime vessels.

(photo; APE-MPE)

🚢 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)

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