Mar 11 β€’ 06:50 UTC πŸ‡¬πŸ‡· Greece Naftemporiki

Xenokostas: The new European policy is a strategic step for shipbuilding

Panos Xenokostas highlights the EU's new Industrial Maritime Strategy as a crucial move to strengthen the shipbuilding sector in Europe.

Panos Xenokostas, president of the Association of Hellenic Shipyards, emphasized the significance of the new European Industrial Maritime Strategy during its presentation. He pointed out that this initiative is a strategic step aimed at enhancing the shipbuilding industry’s role within the broader European industrial policy. The strategy emerges as a response to the need for a revitalization of Europe’s shipbuilding sector while ensuring economic resilience and self-sufficiency in critical manufacturing capacities.

The European initiative is particularly focused on boosting shipbuilding and repair activities, positioning these sectors as essential components of Europe's industrial landscape. One of its core objectives is to fortify the continent's industrial dominance and strategic autonomy while maintaining vital production capabilities across the European industrial spectrum. Additionally, the new policy aligns closely with trends in technological innovation, highlighting the importance of adopting digital solutions and advancing towards more environmentally sustainable shipping practices.

Moreover, the strategy encompasses the entire shipbuilding value chain, addressing various facets from construction to high-tech equipment supply and maintenance services. This comprehensive approach ensures that the transition to greener and more digital technologies is integrated into the shipbuilding process, promoting advancements that could significantly enhance both efficiency and environmental stewardship in the maritime industry. Overall, the initiative reflects the EU's commitment to modernizing its maritime sector in line with contemporary industrial and ecological challenges.

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