The Embassy of the Republic of Korea in Greece and the Foundation for Economic and Industrial Research organized the 3rd Greek-Korean Maritime Cooperation Forum “2022 Korean – Hellenic Maritime Cooperation Forum” in the framework of the International Maritime Exhibition Poseidonia 2022.

The forum focused on the deep bilateral ties between Greece and South Korea, the long cooperation between Greek shipowners and the Korean shipyards that offer “value for money” services and the potential of Greek maritime equipment manufacturers to enter in the Korean production chain.

Minister of Maritime and Insular Policy Yiannis Plakiotakis

Korean shipyards are a top choice for Greek shipowners” Greek minister of Maritime Affairs, Yiannis Plakiotakis noted in his speech. “The ship equipment industry is a dynamically developing sector in Greece and we strongly encourage the inclusion of Greek manufacturers, that provide reliable hi tech products, in the Korean production lines.”

The ambassador of the Republic of Korea to Greece, H.E. Jung Il LEE, stressed that both Greece and S. Korea are maritime nations, that share common international values, and share deep bilateral ties both in the field of economy and shipbuilding but also in culture.

H.E. Jung Il LEE, Ambassador of the Republic of Korea to the Hellenic Republic

Speakers of the forum underlined the fact that there are specific reasons for which Greek shipowners prefer the Korean shipyards:

– Ships delivered by Korean Yards are top of their class

– the Korean mentality is very close to the Western mentality

– the Korean yards offer flexibility, “value for money” services, loyalty to customers, advanced technological solutions.

President of the Hellenic Marine Equipment Manufacturers & Exporters ( HEMEXPO) Association Heleni Polychronopoulou stressed that there is ample room for synergies between Greek manufacturers and Korean shipyards.

The Greek companies must enter the global production lines” she said “they must be included as vendors for the whole supply industry not just for Greek shipowners.”