Reported 4 months ago
Greek shipowners are thriving despite global tensions, with Athens hosting a maritime industry gathering where they discuss the lasting boom in the sector fueled by conflicts. Greek-owned ships are key players in transporting various goods globally, and their earnings remain strong due to geopolitical events, including the Russia-Ukraine conflict. However, challenges lie ahead regarding future fuels, energy transition, and limited shipbuilding capacity affecting vessel orders and fleet age, potentially prolonging the industry's current boom.
Source: YAHOO