By Antonis Tsiblakis & Lambros Karageorgiou
The major downturn in shipping rates has bulk carrier owners scrambling to “mothball” vessels until better days return, with the coastal industrial zone of Elefsina, due west of greater Athens, hoping to entice Greek shipowners through more competitive rates.
The potential benefit for the Port Authority of Elefsina could reach 250 million euros over the next two years. According to reports by “N”, the port authority’s board this month will vote on a motion to reduce docking and mooring rates to the level charged by Elefsina’s small harbor, which lies outside the jurisdiction of the surrounding port authority.
Charges between the two ports can very up to 40 percent. If passed, the measure would need approved by the finance and merchant marine ministries.
The Gulf of Elefsina, according to sector officials, could host up to 500 merchant vessels. Additionally, hundreds of guards for the vessels would be needed, along with a flotilla of service craft to transport maintenance personnel and supplies to the anchored vessels.
Docking and anchoring fees between the port of Elefsina and the port authority are significant. According to one maritime company, the port collects 13,000 euros a month from a Panamax-sized vessel, while at the same time the port authority charges 22,000 euros.
With neighboring Turkey reportedly not recommended by P&I Clubs, the port’s fees are competitive with even Manilla, sector insiders said, pointing to Elefsina as positive solution for Greek bulk owners.
One possible obstacle is opposition by a minority of members of Elefsina’s municipal council, which have reportedly demanded an environmental study on the repercussions of the mass anchoring of so many vessels in the gulf.
