Greece Fast-Tracks €100 Million Upgrade at Skaramagas Shipyard Now Servicing Navy Submarines and LNG Tankers

Greece has placed Skaramagas Shipyards nether its Strategic Investments fast-track model and announced a €100 cardinal upgrade programme for the facility, which is presently conducting structural enactment connected a Hellenic Navy submarine and servicing LNG carriers — signaling the yard's increasing relation successful some commercialized and subject maritime infrastructure.

Development Minister Takis Theodorikakos toured the analyzable alongside Skaramagas Chairman George Prokopiou and Chief Executive Miltiadis Varvitsiotis.

Mr. Theodorikakos said €20 cardinal has already been deployed to reconstruct adust docks, dense instrumentality and operational capableness since Mr. Prokopiou acquired the gait to reverse years of concern decline.

The tract presently employs 200 imperishable engineers, scaling to 700 during highest overhauls, and has repaired 118 vessels since resuming commercialized dry-docking.

Its people is capableness for up to 60 commercialized and subject vessels annually. Technical teams are presently carrying retired specialized structural enactment connected the Hellenic Navy's Type 214 submarine Papanikolis.

"These shipyards are increasing rapidly erstwhile again," Mr. Theodorikakos said. "Greece is simply a premier planetary maritime power, and it is simply a substance of nationalist spot that we support an arsenic robust home shipbuilding and repair foundation."

The Skaramagas upgrade is portion of a broader Greek propulsion to grow home naval and concern capableness astatine a infinitesimal of heightened determination information unit — coming days aft the Salamis Shipyards made past contributing hull blocks to a French Navy frigate and arsenic Athens monitors escalating maritime tensions with Turkey.