Feb 7 • 10:44 UTC 🇬🇷 Greece Proto Thema

Ferry services: What will apply this year regarding ticket prices

Greek ferry companies face challenges in ticket pricing due to rising costs and new European regulations.

In Greece, the ferry industry is at a critical juncture as it grapples with rising operational costs and increasingly stringent European environmental regulations. Executives within the industry have emphasized that the price stability of tickets cannot be taken for granted, highlighting the financial pressures that ferry companies are currently experiencing. These financial dynamics may influence the affordability of ferry transport, which plays a crucial role in connecting numerous islands to the mainland and ensuring the social and economic cohesion across the country.

The decisions made this year by ferry companies will not only affect the economic sustainability of these businesses but will also have significant ramifications for the future of the sector as a whole. The Greek ferry services are pivotal for maintaining access to the islands, especially during peak tourist seasons. How companies adapt to changing costs and regulations will be decisive in maintaining service levels and prices, which are vital for both locals and visitors alike.

On the investment front, signs of recovery have been noted, particularly with the Attica Group beginning the construction of two large passenger-car ferry vessels of the Stena E-Flexer type. This investment reflects a revitalization effort in the Greek ferry sector, aiming to enhance capacity and sustainability amidst the challenges posed by environmental policies and operational costs.

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