Union of Greek Shipowners and Nunavut Fisheries Association join Arctic Economic Council

The Arctic Economic Council (AEC) says it welcomed Union of Greek Shipowners (UGS) and Nunavut Fisheries Association (NFA) from Canada as members to the pan-Arctic business community.

UGS represents Greek-owned vessels under Greek or other European and third country flags. Its members are primarily active in the bulk/tramp sector including LNG carriers and tankers. Shipping is the most important industry in Greece, and Greek-owned vessels were among the first to navigate through the Arctic sea route.

“The Union of Greek Shipowners (UGS), being the international institutional representative of the largest ship owning nation in the world, acknowledges the important work of the Arctic Economic Council in respect of promoting a comprehensive and holistic approach to the issues affecting the Arctic region. The UGS is especially keen to contribute to this holistic approach by offering its vast experience and deep knowledge in ship operation and navigation in the Arctic policy discussions, always with a view to ensuring the safety of life at sea and the protection of the environment as absolute priorities”, Mr. Theodore E. Veniamis, President of the UGS, states.

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