The strategic aim of Greece to leverage its Greek-owned shipping industry as a pivotal negotiating tool in global trade and maritime transport was emphasized by Vasilis Kikilias, Minister of Maritime Affairs and Insular Policy, at the Economist conference on Transport and Infrastructure in Greece.
Kikilias pointed out that Greek interests account for 21% of the world’s shipping capacity, a significant advantage for the country in international negotiations.
“I commend the families of Greek shipowners and entrepreneurs for their contributions to the economy, coastal and ocean-going shipping, and tourism,” he stated, noting that 80%-90% of global trade is conducted via maritime routes, underscoring shipping’s role as a vital pillar of international power.
The extensive value provided by Greek-owned shipping serves as a strong “passport” for Greece to enhance its role in global discussions and trade agreements. He stressed that leveraging this power should lead to benefits for Greek society, including increased opportunities, improved living standards, and support for citizens and families.
Highlighting the historical significance of Greek ports, the Minister noted that trade and prosperity have always been linked to the sea, with maritime transport remaining crucial despite advancements in technology, facilitating the movement of roughly 90% of global goods.
Kikilias discussed the importance of strategic investments in ports, particularly Piraeus, where cooperation with COSCO is viewed as a constructive development, with potential for further expansion and mutually beneficial relationships.
He also emphasized the port of Alexandroupolis, which is emerging as an energy hub amid shifting geopolitical trends. Additionally, he highlighted the port of Souda, characterizing it as essential for the Western world due to its strategic Mediterranean location.
“Port infrastructure is vital for attracting investments, creating jobs, and improving citizens’ quality of life,” the Minister concluded, asserting that Greece’s seas and ports can drive national development.
When addressing the integration of artificial intelligence and advanced technologies in shipping and maritime border security, the Minister mentioned ongoing initiatives involving drones, satellite imagery, and continuous surveillance.
“Maritime borders extend beyond the sea; they encompass Europe’s maritime frontiers and necessitate technological oversight,” he remarked. This innovative approach leverages real-time data to bolster security, building on the success of the €1 billion Civil Protection program ‘Aegis,’ completed in just 15 months.
According to Kikilias, technology is not only about enhancing Coast Guard operations but also about the commercial utilization of ports. He clarified that the implementation of artificial intelligence doesn’t inherently reduce jobs, but rather opens new employment opportunities and avenues for growth.
“Shipping provides many well-compensated jobs, and it is crucial to promote this through universities, colleges, and schools. It’s an industry with a promising future, offering young people the chance to realize their aspirations,” Kikilias emphasized, highlighting the importance of education and vocational training in this field.
On geopolitical developments and trade tariff concerns, the minister remarked that “periods of uncertainty can also present opportunities. I prefer to see the glass as half full,” predicting that the market will stabilize, given that initial tariff rhetoric has begun to ease.
Kikilias asserted that Greece is negotiating from a position of strength, backed by the strategic significance of its ports within the global trade framework. “We are a crucial link in the global supply chain,” he noted, emphasizing the country’s solid alliances in Europe and the United States, as well as growing partnerships in the Middle East.
He also set a goal to unify European ports at the logistical level by enhancing rail connections, which will positively impact European economies.
The minister announced that once customs management is finalized, discussions regarding investments in “green ports” in Greece will commence. He outlined plans for transforming the coastal shipping fleet through specialized programs aimed at attracting high-quality investments and boosting competitiveness.
