10th Naftemporiki Shipping Conference-Xylas: The green transition of shipping needs realism and clear rules

John Xylas, subordinate of the committee of the Union of Greek Shipowners, highlighted the captious presumption of shipping astatine the centre of geopolitical and economical transformations during his code astatine Naftemporiki’s 10th Shipping Conference.

He underlined that the planetary system is entering a play of profound uncertainty, arsenic geopolitical rivalries, technological developments, and the vigor transition are reshaping the planetary environment.

“What we erstwhile considered definite nary longer is,” helium stated.

Xylas noted that principles antecedently regarded arsenic self-evident — such arsenic unfastened markets, predictable trade routes, and stable planetary practice — are present being called into question.

“The rule of state of navigation tin nary longer beryllium taken for granted,” helium remarked, stressing that shipping today stands “at the centre of planetary change.” As helium explained, when discussing planetary power, attraction is usually directed toward subject strength, the economy, oregon energy. “Behind each of these, however, lies something of decisive importance: the transportation of goods crossed the oceans,” helium noted.

“Shipping is the system that enables the planetary system to function”

The typical of the Union of Greek Shipowners emphasized that astir each goods used regular by humanity are transported by sea, describing shipping arsenic “the system that allows the planetary system to operate.”

He warned, however, that this system is present under expanding unit owed to geopolitical competition, fragmentation, and disruptions on maritime routes.

“Even a single blockade oregon struggle tin impact supply chains, trigger an vigor crisis, and interaction the lives of millions of people,” helium stated.

Realism successful greenish transition

Xylas besides focused connected the situation of decarbonization, noting that shipping is already undergoing a captious transitional period.

As helium stated, Greek shipping continues to play a starring relation successful sustainability arsenic well, with Greek shipowners being “at the forefront” of investments successful alternate fuels and greenish technologies.

However, helium pointed retired that the assemblage is being called upon to marque concern decisions worth billions successful an situation of uncertainty, without sufficient regulatory clarity and without the indispensable infrastructure.

“The transition indispensable stay realistic. The regulatory model indispensable take world into account,” helium concluded.