10th Naftemporiki Shipping Conference-Dr.Tsakos: Greece needs robust shipping and shipbuilding sectors to become an energy hub

The pivotal relation of Greek shipping successful the caller vigor architecture of Europe and the Eastern Mediterranean was highlighted by Dr. Nikos Tsakos, laminitis and CEO of Tsakos Energy Navigation, during the 2nd sheet of Naftemporiki’s 10th Shipping Conference titled “Greece arsenic an Energy Hub.”

Dr. Tsakos underlined that shipping operates with a semipermanent strategic outlook alternatively than a short-term nett mentality.

“It is important that our manufacture is not penalized, but supported,” helium noted, emphasizing that shipping investments are based connected semipermanent contracts and readying horizons that span decades.

As helium explained, profits from lipid are not driven by day-to-day speculation, but are built gradually done stability and continuity.

“Greek shipowners tin play a starring relation successful FSRUs”

Responding to a question connected whether it is realistic for Greek shipowners to put successful FSRUs, Dr. Tsakos expressed strong optimism.

As helium noted, Greek shipowners person consistently been astatine the forefront of innovation, while his institution gained acquisition successful FSUs successful China arsenic aboriginal arsenic 5 years ago, with highly successful results.

“There is important aboriginal imaginable here,” helium said, explaining that a important portion of first-generation LNG carriers will yet necessitate repurposing, with FSRUs representing a earthy solution.

He stressed that though Greece is not an oil-producing country, it holds an exceptionally important presumption successful planetary vigor transportation.

“Greece accounts for astir 30% of the transportation of vigor products worldwide,” helium said, highlighting the strategic value of infrastructure such arsenic Alexandroupolis and Revithoussa.

At the aforesaid time, helium underlined that a genuine vigor hub cannot beryllium without a strong shipbuilding manufacture and the due infrastructure.

“We support the Greek shipyards, which of people indispensable support prices astatine tenable levels,” helium noted, adding that the beingness of high-quality shipyards successful Greece constitutes a important competitory advantage.