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Governments and industry reaffirm commitment to trade and global stability at high-profile Athens Summit

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Governments and industry reaffirm commitment to trade and global stability at high-profile Athens Summit

  • Over 350 senior delegates from governments and industry convened to address global risks
    to shipping and trade at the Shaping the Future of Shipping Summit.
  • Summit highlighted need for regulatory cohesion, seafarer training and secure trade routes
    amid geopolitical uncertainty.
  • At the Summit it was announced that China and Malta are joining the Clean Energy Marine
    (CEM) HUBS initiative.

13 June 2025, Athens – the Ministry of Maritime Affairs and Insular Policy of the Hellenic Republic,
the International Chamber of Shipping (ICS) and the Union of Greek Shipowners (UGS) co-hosted the
high-level Shaping the Future of Shipping Summit on the 11 June in Athens, Greece.
The Summit brought together over 350 senior delegates from more than 30 countries, including
ministerial representatives and chief executives from the global maritime and energy sectors.
Discussions addressed the complex and evolving geopolitical landscape, regulatory developments,
and the critical need for enhanced seafarer training and recruitment to safeguard the future of global
trade.

The high-profile event included Ministerial attendees from key maritime states, including:

  • The Hon. Kyriakos Mitsotakis, Prime Minister of the Hellenic Republic (via video message)
  • The Hon. Vassilis Kikilias, Minister of Maritime Affairs and Insular Policy, the Hellenic Republic
  • Apostolos Tzitzikostas, European Commissioner for Sustainable Transport and Tourism
  • Fu Xuyin, Vice-Minister, Ministry of Transport, eople’s Republic of China
  • The Hon. Chris Bonett, Minister for Transport, Infrastructure and Public Works, Republic of
    Malta
  • The Hon. Marina Hadjimanolis, Deputy Minister for Shipping, Republic of Cyprus
  • The Hon. Nehad Shahin Ali Shahin, Deputy Minister of Transport, Arab Republic of Egypt
  • Arsenio Dominguez, Secretary General of the International Maritime Organization (via video
    address)

The summit fostered a high-level exchange of views between policymakers and industry leaders.
With maritime transport underpinning over 90 per cent of global trade, the discussions centred on
the mounting challenges posed by a shifting geopolitical order, including rising strategic competition, the proliferation of unilateral trade measures, and increasing regulatory complexity.

Participants examined the immediate and long-term risks facing the global shipping sector, including
the economic impact of regional instability, the implications of climate policy divergence, and the
need for unified regulatory approaches that support both decarbonisation and trade efficiency. A
strong consensus emerged around the urgent need to maintain open markets and ensure the interoperability of global shipping regulations to protect supply chain resilience and economic
security.

The Hon. Vassilis Kikilias, Minister of Maritime Affairs and Insular Policy of the Hellenic Republic,
said:

“Only through teamwork will we ensure the future of shipping. Governments and shipping
communities need to work side by side in order to achieve this. With Greek shipping constituting a
strategic pillar of the national, the European and the world economy, we are in constant dialogue
with our shipping community. And I invite all stakeholders involved in the future of shipping to
continue the dialogue in a spirit of openness. Because shipping is not just a sector of economy. It is
the backbone of global stability and prosperity. Shipping needs global rules and the level playing field
it deserves.”

In a keynote address, International Chamber of Shipping (ICS) Chairman Emanuele Grimaldi stated:
“We find ourselves in a period of phenomenal upheaval. The world around us is shifting in profound
and sometimes disconcerting ways. Global trade patterns are becoming increasingly fragmented.
Geopolitical upheaval, be it through armed conflict, strategic competition, or growing regulatory
divergence, is no longer a distant backdrop. It is a force that is reshaping our operating environment
in real time. And amidst this uncertainty, the expectations on shipping are undiminished. We are still
relied upon to deliver goods, growth, and, most critically now, solutions.

Melina Travlos, President of the Union of Greek Shipowners, said:
“With over a century of institutional experience, the Union of Greek Shipowners remains committed
to informing global policy, championing free trade, safety of life at sea, and environmental
sustainability. The shaping of the future of shipping can only take place with respect for the
industry’s deep know-how. Decision and policymakers must not regulate for shipping without
shipping. Collaboration is the key to adopting and implementing pragmatic solutions to every
challenge we face. Let’s focus on what unites us, not what divides us. Let us continue to lead —
united—in vision, responsibility and unwavering commitment to the sustainable future of global
shipping… of the world.”

The Summit also provided a platform for reflection on the essential role of seafarers, emphasising
the urgent requirement to invest in recruitment and training. Discussions further explored the
regulatory framework surrounding greenhouse gas emissions, with a focus on implementation of the
International Maritime Organization’s (IMO) GHG strategy, developments from the recent MEPC83
meeting, and pathways towards equitable carbon pricing.

Particular attention was given to the Clean Energy Marine (CEM) HUBS initiative and its potential to
accelerate zero-emission fuel deployment in developing regions. During the Summit it was
announced that the governments of China and Malta have joined the Clean Energy Marine (CEM)
HUBS, an initiative of the Clean Energy Ministerial. China (the first country in Asia to join the
initiative) and Malta (the second European country to join the initiative following Greece in 2024) will
bring unique expertise to the initiative to align the energy-maritime value chain and share best
practices globally. Nine countries are now part of the initiative.

The Summit concluded with a shared commitment to continued dialogue and practical cooperation,
with participants recognising the necessity of industry and governments working together to ensure
that maritime transport can continue to deliver sustainable growth in an increasingly fragmented
world.

A follow-up Summit will take place in Hong Kong in November 2025, providing a further opportunity
to review progress and maintain momentum on the key priorities established in Athens.

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