Greek shipowners voiced strong support for decarbonization in the first day of Maritime Cyprus 2025 Conference that opened on October 6, in Limassol, but warned that the current pace of regulation
Greek shipowners voiced strong support for decarbonization in the first day of Maritime Cyprus 2025 Conference that opened on October 6, in Limassol, but warned that the current pace of regulation risks prioritizing taxation over real progress.
Mr. George Procopiou, Chairman of Dynacom Tankers Management Ltd. called for “doable, not desirable” measures, including slower steaming, carbon capture, and greater technical efficiency, while Ms. Semiramis Paliou, CEO of Diana Shipping Inc. emphasized that shipping’s share of global emissions remains small and that excessive costs will ultimately reach consumers.
Dr. John Coustas, President & CEO at Danaos Corporation cautioned that regional measures such as the EU Emissions Trading System threaten competitiveness and urged closer consultation between the IMO and industry. Mr. Thanassis Martinos, Managing Director at Eastern Mediterranean Maritime Ltd. criticized the EU’s framework as “unfair and disruptive,” arguing that it penalizes ships for voyage segments outside European waters.
The second day of
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