Greek Shipping Minister Highlights Global Role, Urges Youth to Join Maritime Sector

Greek Shipping Minister Vassilis Kikilias underscored the paramount importance of Greek-owned shipping as the world's leading maritime force, granting the nation significant global negotiation leverage. Speaking at the 7th OT Forum, he stressed that the primary concern for the Greek state is the safety of its seafarers operating in volatile regions like the Middle East.

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We are very proud that Greek shipping, Greek-owned shipping is the first force in the world and this gives us huge negotiating capabilities.

Kikilias warned that escalating conflicts, particularly around the Strait of Hormuz, not only impact shipping but also ripple through the global economy, exacerbating inflation and price increases. He noted that over 80% of global trade travels by sea, making any geopolitical instability a significant driver of inflationary pressures. The minister acknowledged the government's efforts to support society, especially vulnerable groups, but stated it's never enough.

The minister also focused on the professional prospects within the maritime sector, encouraging more young individuals to pursue careers at sea. He highlighted the attractive salaries for roles such as captains, engineers, and other maritime professionals, emphasizing that opportunities are equally available to both men and women. Shipping, alongside tourism, is a cornerstone of the Greek economy, contributing approximately 9% to the GDP and supporting around 200,000 jobs.

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As the war expands, it multiplies the problems in the economy, in inflation and in prices.

Addressing the issue of the "shadow fleet" and the effectiveness of international sanctions, Kikilias admitted that sanctions seldom achieve their full objectives. However, he affirmed Greece's commitment to measures promoting transparency and legality in international shipping, noting the Greek maritime community's support for international maritime law and EU decisions. He also pointed to the potential for growth in port infrastructure, logistics, and yachting.

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The sea can be a lever for social and economic advancement for the new generation, while also contributing to addressing the phenomenon of young people leaving for abroad.