
The decarbonisation of shipping in both seafaring and coastal shipping was at the center of the meeting of the French Deputy Minister of Economy, Finance and Recovery, Olivier Dussopt, with the Minister of Shipping and Island Policy, Giannis Pliakiotakis.
Mr. Plakiotakis noted that in the proposal of the European Commission for the integration of International Shipping in the emissions trading system, Greece, through the Prime Minister Kyriakos Mitsotakis, has proposed the creation of a research center for alternative marine fuels and technology while also proposing the cost of complying with the “polluter pays” principle. At the same time, the Minister of Shipping and Island Policy, raised, on the occasion of the implementation of the new environmental measures, the issue of coastal shipping, emphasizing the key importance of this sector for maintaining the country’s territorial cohesion and tourism.
Referring to the cooperation of the French customs authorities with the Coast Guard, he stressed that in recent years there have been significant blows to the international drug trafficking ring, with the latest incident off the coast of Senegal resulting in the arrest and seizure of traffickers with a large amount of cocaine.
“Greece and France”, added Mr. Plakiotakis, “share common democratic values, common aspirations for peace and security, the goal of progress and prosperity. In conclusion, I would like to thank the French Minister for our very useful discussion and of course for his presence at the Ministry of Shipping and Island Policy, a visit that will deepen and further expand relations between the two countries. ”
For his part, the French Deputy Minister of Economy, Finance and Recovery, Olivier Dussopt, noted the need to establish rules on the decarbonization of the merchant fleet and the transition to green energy without losing the competitiveness of the Greek and European fleet.
Mr Dussopt added that we would need investment and that the Recovery Fund would make it possible to improve port infrastructure, which would need to be adapted to the technology used by ships.
He also noted, “we talked about the cooperation of the French customs services with the Hellenic Coast Guard. We have had great results recently in our fight against the drug trade and we have seen that exchanging information can greatly improve our efficiency. We must go even deeper to do it systematically for the benefit of both the protection of the borders and the very value of human life, as Greek ports do, saving people at sea. It’s a battle we have to fight every day. “


Latest News

Trump Tariffs Jeopardize Growth: Piraeus Chamber of Commerce
The tariffs, aimed at reducing the U.S. trade deficit, are expected to have both direct and indirect effects on the European economy

EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.

The Likely Impact of Trump Tariffs on Europe and Greece
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.

Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year

Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.

Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses

Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.

Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February

Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.

Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)