UGS

MAN Energy Solutions and UGS make joint decarbonization commitment

Following a meeting during the 2022 Posidonia trade fair in Athens, MAN Energy Solutions and the Union of Greek Shipowners (UGS) have announced their mutual commitment to a policy of decarbonization, especially in regard to the testing and development of alternative fuels and, more generally, the maritime value chain. This recognizes the vital role that engine designers and manufacturers play, and that shipping’s decarbonization requires the contribution of multiple stakeholders.

Established in...

https://www.marinelog.com/news/man-energy-solutions-and-ugs-make-joint-decarbonization-commitment/

Shipowners Union Devoted To Carrying Out US Sanctions!

  • In the wake of the recent sanctions imposed by the U.S. Government on Greek-owned ships, the UGS remains committed to implementing U.S. sanctions measures.
  • The two sides reiterated the long-standing, close relationship between Greece and the United States of America in the maritime sector.
  • The U.S. Ambassador stressed that the United States is determined to strictly implement the U.S. Government’s measures with regards to Venezuela.

Greek shipping confirms its commitment to implementing the...

https://mfame.guru/shipowners-union-devoted-to-carrying-out-us-sanctions/

Greece Favours Steep Ship Power Cuts To Reduce Emissions

According to an article published in Splash 247, slow steaming regulation has been holed below the waterline with Greece jumping ship ahead of imminent discussions.

The discussions held at the International Maritime Organization (IMO) headquarters aimed to thrash out short-term measures to cut greenhouse gas (GHG) emissions from the sector.

Greece – and many of its owners – had previously been strong backers of the French-led bid to mandate ship speed reductions.

Greece favours ship power cuts?

Howe...

http://mfame.guru/greece-favours-steep-ship-power-cuts-to-reduce-emissions/

The Strategic and Economic Role of Greek Shipping

Greek shipping is a major Greek and EU export industry of strategic importance,reports UGS.

Global Economy

The global economy started in 2018 on a positive note but, as industrial production decelerated, trade slowed and business confidence fell, the momentum lost steam.

Global growth, which peaked at close to 4% in 2017, moderated to 3.6% in 2018 and is projected to decline further to 3.3% in 2019. With improvements expected in the second half of 2019, global economic growth in 2020 is projected...

http://mfame.guru/the-strategic-and-economic-role-of-greek-shipping/