Since 1916, the Union of Greek Shipowners (UGS) represents Greek-owned commercial vessels over 3,000 gt under the Greek and other flags. Despite current challenges, Greek shipping aims to maintain its share of 50% of the EU and 20% of the world deadweight capacity.

Read more

Union of Greek Shipowners
Centenary Celebration

On November 9th, 2016, at 20.00 hrs, the anniversary of one hundred years since the foundation of the Union of Greek Shipowners was celebrated in the Athens Concert Hall (Megaron) (“Christos Lambrakis” Hall) with the participation of 1800 guests. The event was honoured by the presence of the President of the Hellenic Republic, Mr. Prokopios Pavlopoulos, and the Prime Minister, Mr. Alexis Tsipras.

Read more

"Seven Seas"
by Athina Rachel Tsangari


On the occasion of its 100 years anniversary, the UGS commissioned the renowned filmmaker Athina Rachel Tsangari to create a film that salutes the Greek seafaring family which laboured at home and in the far corners of the Earth to reach and retain the summit of world shipping.
Enjoy Seven Seas, a tribute to the Greek maritime tradition and its legacy.

Press releases

The UGS welcomes the progress made at the UN IMO MEPC74 towards a safe and consistent implementation of the 2020 global sulphur cap on marine fuels and sustainable environmental policies

Piraeus, 20.05.2019

The Union of Greek Shipowners warmly welcomes the significant progress made by the Marine Environment Protection Committee (MEPC 74) (London, May 13-17, 2019) of the United Nations International Maritime Organization (UN IMO) with regard to the outstanding issues related to the challenges stemming from the implementation of the new 0.5% sulphur limit on marine fuels.


Greek Shipowners applaud the adoption by the UN IMO MSC 101 of a specific action plan to deal with the critical safety issues and liability implications associated with the 0.5% sulphur marine fuels

Piraeus, 18.06.2019

The Union of the Greek Shipowners (UGS) warmly welcomes the decision of the Maritime Safety Committee (London, 5-14 June 2019) of the United Nations International Maritime Organization (UN IMO) to adopt an action plan for mandatory measures to enhance the safety of ships relating to the use of fuel oil, as well as Resolution MSC.465(101) recommending as a matter of urgency governments to, inter alia, take action against oil fuel suppliers in confirmed cases of deliveries of fuel oil that does not comply with the minimum flashpoint as required by the SOLAS Convention. States around the world are urged to make full use of this Resolution as an important tool in order to take appropriate measures imminently to safeguard the safety of ships.


Meeting of the Union of Greek Shipowners with the Hong Kong Shipowners Association

Piraeus, 06.06.2019

In the wake of the seminal UN IMO / Marine Environment Protection Committee (MEPC 74) meeting, the Union of Greek Shipowners (UGS) and the Hong Kong Shipowners Association (HKSOA) met in Hong Kong on 23 May 2019 in order to discuss the results of this important meeting and the ongoing issues as well as how the industry can best contribute to successful developments.


Shipping today

Greek shipping and the economy

In 2017 the first rays of improved market conditions for global shipping made their appearance after a long and deep recession and challenging fundamentals for 2016 across most sectors. The global upswing underway since mid-2016 continued to strengthen through 2017 bringing about a broad-based annual global economic growth of 3.7%. World trade also grew, by 4.7%, leaving behind the slowest pace since 2009 it had witnessed the previous year...

Read more

Shipping policy

The UGS, representing the interests of Greek-owned shipping, follows closely developments in the area of shipping policy, engaging constructively in the formulation of the collective...

Read more

Maritime Safety and Protection of the Marine Environment

Maritime safety and the protection of the marine environment depends on a chain of collective responsibility, namely, flag states, port states, shipowners, ship operators, shipbuilders....

Read more

Download the latest UGS annual report

Download pdf

Download annual reports of previous years

Download pdf