Shipbuilding industry ready for fleet renewal

The Greek shipbuilding industry is ready to contribute to the renewal of the coastal shipping fleet, provided that there is the corresponding institutional and financial support at national and European level, the president and CEO of ONEX Shipyards & Technologies Group, Panos Xenokostas said on Thursday, speaking at The Economist’s maritime conference.

He said the modernization of the Greek coastal shipping fleet should be a strategic priority, presenting the strategic agreement with Hanwha Power Systems and the group’s vision for the creation of an integrated industrial hub at Elefsina.