PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG) principles into its corporate strategy and operations. In this context, the Company has published its 2025 Sustainability Report, prepared in accordance with the European Sustainability Reporting Standards (ESRS), providing a transparent overview of its performance, initiatives and objectives across the three pillars of sustainability.

Throughout 2025, PPA S.A. implemented a series of key initiatives that further strengthened its responsible business strategy, contributing to the development of a modern and resilient growth model.

Under the Social pillar, the concession fee paid to the Greek State exceeded €9 million in 2025, while donations and sponsorships under the Company’s Corporate Social Responsibility (CSR) programme amounted to more than €730,000. During 2025, PPA S.A. also held the first award ceremony for the “Kunpeng Scholarship”, granting scholarships to ten first-year university students from neighboring municipalities.

In addition, the Company distributed 5,000 Christmas gift vouchers to children from the local community and to the families of employees working in the ship repair sector. As part of its commitment to safeguarding the rights of all passengers, PPA S.A. collaborated with the Institute of the National Confederation of Disabled People & People with Chronic Diseases (IN-ESAmeA) to deliver a specialized training programme on assisting passengers with disabilities, chronic conditions and reduced mobility. More than 1,000 Company employees participated in the programme.

Under the Environmental pillar, following the introduction of Greece’s first National Climate Law and the issuance of the Company’s new Environmental Terms Approval Decision, PPA S.A. completed the Climate Change Vulnerability and Adaptation Study for the Port of Piraeus. In parallel, the implementation of a Greenhouse Gas Emissions Reduction Action Plan covering the entire port area is underway.

Under the Governance pillar, PPA S.A. further embedded sustainability objectives into its corporate strategy, incorporated sustainability criteria into its Procurement Regulation, and implemented dedicated sustainability training programmes for both management and employees.

PPA S.A.’s consistent commitment to sustainability and operational excellence was further reflected in the distinctions it received during 2025. These included its recognition as "Industry Leader – Port Organizations" at the Protagonists of the Greek Economy Awards, the 2nd Best Public Utility Company Award at the HRIMA Business Awards 2025, three distinctions at the Compliance Awards 2025 (Gold for Best Compliance Team in the Port Services Sector, Gold for Most Impactful Social Initiative, and Bronze for Best Compliance Management), as well as its recognition, for the fourth consecutive year, as "One of the Most Sustainable Companies in Greece by QualityNet Foundation”. Of particular importance was also the ESG Leading Award distinction at the Diamonds of the Greek Economy 2025 – ESG Awards, organized by Naftemporiki. 

The 2025 Sustainability Report is available on the PPA S.A. website (https://www.olp.gr/en/corporate-responsibility/social-responsibility) and provides a comprehensive overview of the Company's strategy, initiatives, objectives and performance across all ESG pillars.

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Maran Tankers Management took delivery of MARAN MENELAUS, the third Dual-Fuel Suezmax tanker in an eight-vessel series, reaffirming the Angelicoussis Group’s commitment to operational excellence and environmental responsibility.

Built in New Times Shipbuilding Co., Ltd., the 155,500 DWT MARAN MENELAUS proudly sails under the Greek Flag and strengthens Maran Tankers’ modern, energy-efficient fleet, designed to deliver safe, reliable, and environmentally responsible operations.

The company stated the following: “We sincerely thank all partners involved for their professionalism and dedication throughout the construction and successful delivery of MARAN MENELAUS. Behind every successful delivery are our people, whose commitment to safety, sustainability, and operational excellence defines who we are. We wish her Master, officers, and crew fair winds and calm seas”.

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

New analysis reveals that the biggest fuel quality risks are no longer confined to off-specification fuels, with some compliant fuels creating operational challenges.

Lloyd's Register (LR) has warned that ship operators are facing a growing risk from fuels that appear compliant under routine ISO 8217 testing but still present operational risks once onboard.

According to LR’s latest Fuel Oil Bunker Analysis and Advisory Service (FOBAS) Fuel Quality Report, covering the first half of 2026, off-specification fuels remain a persistent challenge. However, some of the most disruptive cases now involve fuels that pass routine compliance testing but show poor stability or compatibility, or contain non-conventional blend components that are only identified through more detailed investigative analysis.

Several incidents investigated highlighted this trend. In March and April, a number of vessels reported operational difficulties after bunkering fuel in a major bunkering hub. Further forensic analysis found that many of the fuels contained elevated concentrations of Estonian shale oil, in some cases estimated to be around 10-15%.

While shale oil is recognised within ISO 8217 as an acceptable blend component, FOBAS investigations found that higher concentrations can be associated with fuel instability and operational issues affecting filters, separators and fuel pumps.

The report also shows that fuel quality variability remains stubbornly high. Off-specification cases remained elevated throughout the first six months of 2026, suggesting that quality issues are no longer isolated events but a more persistent feature of today’s marine fuel supply chain.

The most common recurring issues included sulphur exceedances, excessive water content, sediment and stability problems, elevated catalytic fines, sodium contamination and low flash point distillate fuels.

At the same time, biofuels (especially FAME blends) are continuing to grow without being a primary source of quality issues. Where issues occurred in blended fuels, they were generally associated with the conventional VLSFO component rather than the FAME fraction.

The report concludes that operators will need to adopt a more proactive approach to fuel management as marine fuels become more diverse and fuel quality risks become harder to identify through routine compliance testing alone.

Greater emphasis on fuel stability, compatibility and understanding fuel composition will be critical to reducing operational disruption and maintaining vessel performance.

Murray Kirkwood, Fuel Specialist Consultant, Lloyd’s Register, said: “The findings from our latest report show that fuel quality risk is evolving. The challenge is no longer simply identifying fuels that fail specification. Increasingly, operators are encountering fuels that meet the required limits but still create operational difficulties once they are stored, handled and used onboard.

“As fuel blending becomes more complex, the distinction that matters is increasingly not between on-spec and off-spec fuel, but between fuels that are operationally resilient and fuels that are operationally fragile. Understanding that difference is becoming essential for shipowners and operators.”

The latest findings reinforce FOBAS' long-standing view that effective fuel management increasingly depends on understanding fuel behaviour rather than relying solely on pass-or-fail specification testing.

By combining routine fuel quality monitoring with forensic investigation of operational incidents, FOBAS provides shipowners with a clearer understanding of emerging fuel quality risks as the industry continues its transition to a more diverse and complex fuel landscape.

The FOBAS Fuel Insight: Fuel Quality Report H1 2026 is available at FOBAS Fuel Insight: Fuel quality reports | LR

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The Institute of Chartered Shipbrokers (ICS) Greek Branch, in collaboration with Alba Graduate Business School, completed the 6th Summer School "Shipping in Action", held from 6 to 9 July 2026.

The four-day programme brought together students from Greece and abroad for an immersive learning experience, combining academic lectures, company visits and cultural activities, offering a comprehensive introduction to the world of commercial shipping.

This year's academic programme featured lectures delivered by distinguished maritime professionals and industry experts. Panagiotis Korakas, Alba Adjunct Lecturer and Executive Director of Isalos.net, opened the programme with a lecture on the evolution and global success of Greek shipping. Dr. Alexandros Glykas, Director of DYNAMARINE Co. and Alba Lecturer, presented the impact of technological innovation and sustainability on modern shipping. Giannis Kazianis MICS, Managing Director of Albatros Management Inc., introduced students to the fundamentals of freight markets and chartering. Simon Ward, Director of Sale & Purchase at Ursa Shipbrokers S.A., delivered an engaging session on Ship Sale & Purchase while Titos Giannakakis, Alba Visiting Lecturer and Executive at the DYNAMARINE Training Academy, concluded the academic programme with an insightful lecture on Shipping Management.

A key highlight of the Summer School was the opportunity to visit some of Greece's leading shipping organisations. Participants visited Angelicoussis Group Headquarters, Seaven Tanker & Dry Management, IGMAR Group Spanopoulos Shipyard and Danaos Shipping Co., gaining first-hand exposure to different sectors of the maritime industry and experiencing how shipping companies operate in practice.

The ICS Greek Branch and Alba Graduate Business School would like to express their sincere appreciation to all participating companies for their valuable presentations and continued support in helping bridge the gap between academic learning and industry practice.

Beyond the academic programme, students also explored Greece's cultural heritage through a guided visit to the Acropolis and an excursion to the Athens Riviera, creating lasting memories alongside their educational experience.

The continued success of the Summer School reflects the strong partnership between the ICS Greek Branch and Alba Graduate Business School, both recognised leaders in maritime education in Greece. Alba offers specialised postgraduate programmes in shipping, while the ICS Greek Branch delivers internationally recognised professional maritime qualifications through the ICS Professional Maritime Programme, leading to ICS Membership, the globally respected professional qualification for shipping professionals.

The Institute of Chartered Shipbrokers Greek Branch and Alba Graduate Business School look forward to welcoming a new cohort of students to the 7th Summer School "Shipping in Action" next year.

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Tsakos Energy Navigation (TEN) has exercised an option for a second LNG carrier at Hyundai Heavy Industries, taking its newbuilding program to 20 vessels as the New York-listed owner continues to expand its gas business.

The 174,000-cbm vessel is scheduled for delivery in the first quarter of 2029 and follows the LNG carrier ordered at the South Korean yard in February, which is due for delivery in the third quarter of 2028. Both ships will be fitted with WINGD dual-fuel engines.

The latest order confirms the optional second vessel included in the February agreement, ending months of speculation over whether TEN would proceed with the expansion of its LNG orderbook.

President and Chief Operating Officer George Saroglou commented: “We are delighted to expand our presence in the ever-evolving LNG sector, a market we are actively participating in since 2007. The growing global energy demand fueled by geopolitical developments has increased the need for LNG as an alternative source.”

The company entered LNG shipping in 2007 and currently operates the Maria Energy and Tenergy. The two Hyundai Heavy newbuildings will be the first LNG carriers TEN has ordered since returning to the sector earlier this year after a seven-year break.

The order lifts TEN’s newbuilding programme to 20 ships, including 10 DP2 shuttle tankers, five LR1 product tankers, three VLCCs and two LNG carriers.

The first vessel due for delivery is the DP2 shuttle tanker Anfield DP, which is expected to leave South Korea later this month. The vessel has already secured a minimum 10-year charter with a U.S. oil major, and extension options that could keep it employed for as long as 20 years. According to TEN, its contracted fleet now provides minimum secured revenues of about $3.5 billion.

ABOUT TEN LTD. Founded in Bermuda in 1993 and celebrating 33 years as a public company, 24 of which on the NYSE, TEN is one of the first and most established public shipping companies in the world. TEN’s diversified pro-forma energy fleet currently consists of 83 vessels, in excess of 11 million dwt.

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Gift from Nikolas D. Pateras, given in memory of his sister Maria D. Pateras, will seed a new program pairing Columbia’s focused ultrasound research with leading Greek hospitals and physicians

Columbia University's Fu Foundation School of Engineering and Applied Science (Columbia Engineering) and the Columbia Global Center in Athens announced a $500,000 gift from Nikolas D. Pateras to launch Breaking Barriers: Innovative Therapies for Brain Tumor Survival in Greece, a new program that will extend Columbia's pioneering work in focused ultrasound drug delivery to Greece through training, research and clinical collaboration with leading Greek hospitals and physicians. 

Mr. Nikolas D. Pateras, who is making the gift in memory of his sister, Maria D. Pateras, stated: “It is a privilege to be able to help advance innovative medical research in Greece and to support my community in any way that I can. I am making this gift in memory of my sister, Maria, who shared the same values.”

The visionary gift acts as seed funding for a larger effort to establish a robust internationally collaborative program to fully realize equipment deployment, physician and scientist training, clinical trials, and international convenings disseminating pioneering brain tumor techniques to be hosted in Athens.

The program builds on more than two decades of research by Elisa Konofagou, Professor of Biomedical Engineering and Radiology at Columbia and Director of Columbia's Center of Excellence in Focused Ultrasound.

Focused ultrasound is a noninvasive technology that can temporarily and safely open the blood-brain barrier, allowing cancer drugs to reach brain tumors far more effectively than is otherwise possible. Working with Stergios Zacharoulis, a pediatric oncologist on the Columbia University Irving Medical Center, Professor Konofagou's team achieved a world first in successfully using the technique in children with brain tumors, demonstrating that it is safe and feasible in pediatric patients, and has separately shown its safety in adults with Alzheimer's disease. There are currently no operational focused ultrasound systems in Greece.

"At Columbia Engineering, we believe the most important breakthroughs are the ones that reach patients who need them the most," said Shih-Fu Chang, Dean of Columbia Engineering.
Under the program, physicians and scientists from Greece will train at Columbia University Irving Medical Center and in Columbia Engineering laboratories, while Columbia faculty from biomedical engineering, neuro-oncology, radiology and neurosurgery will travel to Greece to establish collaborations with Greek hospitals and provide on-site training. The Columbia Global Center in Athens will coordinate annual symposia and workshops in Greece to share results with the broader academic and medical community in order to facilitate adoption of the focused ultrasound technology in Greece.

About Columbia Engineering: Founded in 1864, Columbia Engineering is one of the oldest engineering schools in the country and among the top engineering schools in the nation. Columbia Engineering is dedicated to advancing fundamental engineering and applied science knowledge, and to fostering technological leadership for the benefit of society. Its research, teaching and outreach programs harness science and technology to address pressing issues facing humanity, including those related to health, climate, and the city.

About Columbia Global Centers: The Columbia Global Centers are a network of regional hubs through which Columbia University collaborates with researchers, institutions and communities around the world. The Columbia Global Center in Athens supports research, dialogue and partnerships between Columbia faculty and students and counterparts across Greece and the broader region.

About Nikolas D. Pateras: The Donor is a prominent Greek shipowner representing the sixth generation of the Pateras family in shipping. His activity in the shipping industry spans more than 40 years and throughout his career he has owned more than 200 ships. He is dedicated in giving back to his community and has undertaken substantial philanthropic work supporting hospitals, churches, schools and various social sectors in Greece. He has been honored by the Ecumenical Patriarch with the title of Archon “Eftaxias.”

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Panama has been reinstated on the White List of the Paris Memorandum of Understanding (Paris MoU), according to the organization's recently published Annual Report. The Panama Maritime Authority (PMA) welcomed the announcement, noting that the White List is widely regarded as one of the foremost international benchmarks for measuring the performance and quality of maritime administrations. 

Inclusion on the Paris MoU White List signifies that a country's flag, or ship registry, complies with the highest international standards of maritime safety and regulatory oversight. 

This achievement is the result of a sustained strategy to strengthen safety standards, enhance compliance with international conventions, and reinforce oversight of the Panamanian merchant fleet. It further solidifies Panama's position as a registry committed to excellence, transparency, and maritime safety.

Panama's return to the White List reflects a series of initiatives implemented by the PMA over the past several years to improve the performance of Panamanian-flagged vessels during Port State Control (PSC) inspections while raising the overall quality of the Registry.

As part of its strategy to improve its standing within the Paris MoU, Panama has implemented several key initiatives, including

• Strengthening its preventive inspection program by targeting higher risk vessels before their arrival at ports operating under the Paris MoU regime
• Introducing more rigorous mechanisms to identify and monitor vessels with a history of deficiencies, enabling corrective action before inspections and reducing the risk of detention 
• Reinforcing the Registry's Precheck process to ensure that only vessels meeting international standards are admitted to the Panama Ship Registry
• Adopting enhanced methodologies for Flag State Inspections, strengthening both the technical and operational verification of the fleet
• Expanding oversight of Recognized Organizations (shipowners, and operators, fostering greater shared responsibility for maintaining compliance with international standards
• Achieving a sustained reduction in maritime incidents while improving the fleet's operational performance through a policy centered on prevention, compliance, and continuous improvement.

Panama's return to the Paris MoU White List demonstrates that a steadfast commitment to quality, safety, and international compliance delivers tangible results This achievement belongs to every stakeholder involved and reaffirms our shared responsibility to uphold the highest standards for the world's largest ship registry.

The Paris MoU evaluates flag State performance using a rolling three year average based on inspections and detentions conducted at ports within its member States Panama's reinstatement on the White List therefore reflects sustained improvements in the quality indicators of the Panamanian fleet and underscores the positive impact of the policies implemented by the PMA This milestone further strengthens the competitiveness of the Panama Ship Registry, enhances the confidence of the international maritime community, and provides greater operational advantages for shipowners sailing under the Panamanian flag.
The PMA reaffirms its commitment to advancing policies that promote continuous improvement, regulatory innovation, and strict compliance with the conventions of the International Maritime Organization ( ensuring the Registry continues to preserve its reputation and global leadership.

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

A landmark achievement in maritime education: 311 Vocational High School (EPAL) students have achieved admission into Maritime Academies and Shipping Universities by participating in the Adopt a Ship by Project Connect program.

Since 2018, the Adopt a Ship (AaS) program has evolved from an educational initiative into a powerful, unified movement “vanguard” driven by faith in the future to come generations, a commitment to creative evolution, and an unwavering drive to lead rather than follow.

Project Connect Proven Impact: More Than a Curriculum Adopt a Ship is the bridge between classroom learning and the vast reality of the maritime world. By weaving academic curriculum into the firsthand experience of a Captain’s letters, it has transformed education into a life lesson that continues to inspire students, teachers, and industry partners alike. As a cornerstone of Greece’s maritime educational ecosystem, Adopt a Ship by Project Connect stands alone. While maritime education traditionally belongs to Marine Academies and universities, the program provides the essential balance by fostering a culture of maritime with its hands-on readiness factor.

Leading the Ecosystem.

The program’s expansion into new municipalities and communities has seen its reach surpass 30,000+ pupils, their families, and educators. This growth is supported by our Regional Teachers’ Committees—an innovative layer of its community designed to provide troubleshooting, mentorship, and training for new participants, ensuring that excellence is sustained across every classroom.

Project Connect emphasizes that the organization is not merely reacting to developments in maritime education but it is actively shaping them. They view their community as a living testament to the power of combining maritime heritage with modern innovation, creating a unified platform where industry, educators, and students move in unison to secure the employability of youth. Hence, the future of the Workforce 2036.

“We are deeply moved by these accomplishments and take immense pride in the dedication our students have shown. We are truly inspired by them and wish to all every possible success and fulfillment as they embark on this exciting journey into the maritime world”, states Dr. Adamantia Spanaka, the program developer. The Project Connect leadership team extends its warmest congratulations to every one of these young professionals.

Continually Making the Difference.

From its inception to its standing as a national benchmark, Project Connect remains dedicated to its mission: providing more than just information, but a clear pathway to employability. As its unique maritime education program and its Work Study Program are designed to seamlessly integrate with the industry’s professional demands.

Adopt a Ship act as a career-defining experience that bridges the school desk with the vessel bridge. By equipping students with the essential maritime knowledge, heritage, and vision, it is fueling the future generations to come, of captains and engineers with the confidence they need to thrive and lead the global shipping sector.

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Foreship, the naval architecture and marine engineering company of RINA, has developed a new ferry concept tailored to the specific operational and economic requirements of the Greek domestic market, with a focus on efficiency, simplicity and cost control.

Greece’s ferry network is one of the most extensive in Europe, connecting more than 200 inhabited islands and transporting around 50 million passengers annually. At the same time, operators are working within a highly constrained environment, shaped by strong seasonality, regulated pricing and increasing pressure on operating costs, alongside the need to renew an ageing fleet. 

Ari Huttunen, Marine Design & Engineering Projects Principal Consultant at Foreship, said, “This new vessel concept has been developed in response to the specific challenges of the Greek market, with a focus on optimising both capital and operating expenditure. The design integrates all essential functionalities for safe and reliable operations, while avoiding unnecessary complexity, resulting in a robust and economically sustainable vessel.”

A central element of the concept is the operating profile. While speed has traditionally been a defining factor in the Greek ferry sector, the new design is optimised for more moderate speeds, enabling a significant improvement in fuel efficiency and overall operating economics.

The vessel has also been conceived in line with the latest regulatory developments, including updated stability requirements that are reshaping ferry design across Europe and influencing aspects such as dimensions and passenger capacity. These changes have been taken into account from the early design stages, ensuring the concept remains aligned with the evolving framework. 

By shaping design choices in the realities of the Greek ferry sector, including cost sensitivity, operational intensity during peak periods and the need for reliable, straightforward vessels, the concept provides a practical reference point for future fleet renewal.

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The Minister of Maritime Affairs and Insular Policy, Mr. Vasilis Kikilias, visited the Port of Thessaloniki. The Minister was welcomed by the Chairwoman of the BoD of ThPA S.A., Mrs. Angeliki Samara, the Chief Executive Officer, Dr. Ioannis Tsaras and senior executives of the Company. During the visit, Mr. Kikilias, accompanied by his team and the Member of Parliament for Thessaloniki A Constituency, Mr. Dimitris Kouvelas, toured the construction site of the Pier 6 expansion project and was briefed on the progress of the works, as well as on the project's key technical features and development objectives. The Pier 6 expansion project is the largest project in the history of ThPA S.A. and a strategic investment of major importance for Thessaloniki, Northern Greece and the country.

The Company's overall growth strategy and the broader investment program for the Port of Thessaloniki were also presented. The program includes upgrades to port infrastructure, equipment, buildings, digital applications and services. These investments are designed to improve operational efficiency and service quality, while also strengthening the port's integration with the urban environment and contributing to the regeneration of the wider area.

Within the same context, emphasis was placed on the need to accelerate the implementation of the connectivity projects linking the Port of Thessaloniki with the national and European transport networks, with particular focus on the road and rail connections to Pier 6. It was highlighted that their timely completion is a critical prerequisite for maximizing the benefits of the investment and further strengthening Thessaloniki's position on the global logistics map.

The discussions also covered the future development prospects of the Port of Thessaloniki within the framework of Greece's national port policy, as well as investments in the cruise sector, which further enhance the tourism profile of the city and the wider region while contributing to the overall modernization of the country's port system. At the same time, the Port's contribution to regional development, employment and entrepreneurship was underlined.

During his visit, Minister Kikilias emphasized: “The Port of Thessaloniki stands as one of the most critical development pillars for Thessaloniki, Central Macedonia, and Northern Greece as a whole. The upgrade of port infrastructure and port-related activities, such as logistics, trade, shipping, cruise tourism, marinas, and yachting, creates new prospects for growth and employment within the local community. Our objective is to generate more and better-paying jobs, enabling young people to build their future in their homeland with real opportunities for professional and social advancement. At the same time, the port’s growth dynamic contributes broader added value to the regional economy, benefiting both local businesses and citizens. In this context, the strategic investment for the expansion of Pier 6 serves as the central lever for realizing this vision, cementing the Port of Thessaloniki’s position as a premier commercial and transit hub in Southeast Europe.”

On the occasion of the Minister's visit, the Chairwoman of the BoD of ThPA S.A., Mrs. Angeliki Samara, commented: “Today’s visit by the Minister of Maritime Affairs and Insular Policy highlights the strategic importance of the Port of Thessaloniki for the development of Northern Greece and the country. Our vision and our goals are shared: to further strengthen the role of the Port of Thessaloniki as an international hub for trade, transportation, and development. Achieving this objective requires close cooperation between ThPA S.A., the State, and all relevant stakeholders. Through this cooperation, the conditions are created for the full realization of the port’s development potential, for the benefit of Thessaloniki, Northern Greece, and the national economy. The Port of Thessaloniki has entered a new phase of growth, reflecting the vision and strategic direction of its shareholder and management to develop a port that creates lasting value for the city and the wider region. We are pleased that the State, through the support of Minister Kikilias, stands behind our investment program, which serves as a catalyst for growth and delivers broad benefits to society as a whole.”

In addition, the Chief Executive Officer of ThPA S.A., Dr. Ioannis Tsaras, added: "The Minister's visit comes at a time when the Port of Thessaloniki is undergoing a period of dynamic transformation. The Pier 6 Expansion Project enhances the Port's capacity and competitiveness, while the connectivity projects are essential to fully realizing the benefits of this investment. At the same time, the significance and critical importance of the project for our entire region underline the need for our plan to be implemented as planned, so that Northern Greece will soon be able to capitalize on the opportunities created by the Pier 6 expansion project. Our comprehensive investment plan secures a future of strong growth for the Port while generating significant socio-economic benefits that will strengthen the local community and the national economy.”

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.