Stylianides: Greece in negotiations with European Commission on 'green' transition in shipping

Stylianides: Greece in negotiations with European Commission on 'green' transition in shipping

Politics

The recent 1-bln euro Memorandum of Understanding (MOU) signed between ONEX SA and ATTICA GROUP creates a new situation in the shipping market with executives characterising 'historic' the specific agreement as it may lead, in the near future, to the building of new vessels while it will also give the incentive to other companies to do the same. The ten-year MOU with the possibility to be extended provides the exclusive execution of upgrading, maintenance and repair works and energy conversion of the existing vessels of Attica Group as well as the building of new ships aiming at the green transition, at the shipyards of ONEX Group in Elefsina and on the island of Syros. CE Report quoting Athens-Macedonian

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