The Attica Group is set to invest €700 million in expanding its fleet by the end of the decade, with a focus on high-speed ferries.
As the largest coastal shipping company in the country and the top employer of Greek seafarers worldwide, employing around 2,500 Greeks on board, the group is undertaking a total investment program valued at $1.2 billion.
Following an initial agreement last year for ro-pax vessels in the Adriatic, the company is now shifting its focus to the Aegean region.
This strategic pivot is part of the rationale behind selling their stake in Morocco, as they prioritize investments in Greece while still exploring opportunities abroad, particularly in Europe.
The plans include enhancing the fleet with high-speed ferries, especially around the Argosaronic Gulf, with plans to introduce two or three “Aero” type vessels, as well as constructing two high-capacity ferries for vehicle transport.
Company executives highlighted the growing demand from passengers for quick, high-quality service to their destinations.
Additionally, the group announced the introduction of two high-speed ferries on three new routes to and from the Cyclades.
Regarding their investments in new high-speed ferries, the company anticipates gaining a clearer understanding of developments concerning new green fuels.
