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 53% of the EU and 21% of the world deadweight capacity.

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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.

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"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.

The strategic importance of Greek shipping



Press releases

The UGS calls for immediate and effective intervention by the international community to prevent and respond to attacks on merchant ships in the Gulf of Guinea

Piraeus, 8.11.2019

The Union of Greek Shipowners (UGS) is following with great worry and concern the serious situation created following the recent incidents of armed attacks and abductions against merchant ships in the Gulf of Guinea. The situation has taken an alarming turn for the safety of ships and their crews, and has serious implications for international shipping and for the smooth conduct of international maritime trade in the region.

The Union of Greek Shipowners backs Greek proposal to limit main engine power of ships as an immediately effective measure to reduce GHG emissions from ships

Piraeus, 16.10.2019

In the context of materialising the United Nations International Maritime Organization’s (UN IMO) Initial Strategy for the decarbonisation of the shipping industry, Greece, as the leading traditional maritime country, has come forward with a concrete proposal for a short-term, prescriptive measure to improve the operational energy efficiency of existing ships, to be considered at the forthcoming meeting of the UN IMO’s intersessional technical group in November (11-15.11.2019).

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.

Shipping today

Greek shipping and the 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.

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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...

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Maritime Safety and Protection of the Environment

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

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Download the latest UGS annual report

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Download annual reports of previous years

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