Greek shipping executives continue to set the global benchmark for maritime expertise, a reputation that sees international organisations consistently turning to them for leadership.

One of the latest examples is George Teriakidis, recently appointed regional manager for Southeast Europe at DNV Maritime, the Norwegian classification society with its strong base in Piraeus and deepening ties with Cyprus, especially in Limassol.

In an interview with newmoney’s ‘Business Stories’, Teriakidis laid out his priorities, building on the work of his predecessor, Ioannis Chiotopoulos.

“He significantly strengthened the Greek office by adding specialised teams and roles,” Teriakidis said, adding that Chiotopoulos had also made education and links with universities a core focus.

Now, Teriakidis wants to push things further. His priorities include safety in conflict zones, regional cooperation and a continued focus on the long-term strength of the Greek shipping community.

“Our region covers nine countries from Central Europe to the Eastern Mediterranean, including areas with intense geopolitical tensions, such as Ukraine and the Middle East,” he said.

“Our first priority is the safety of our colleagues working in these areas.”

At the same time, he stressed the strategic weight of the region — home to two of the world’s most active shipping centres, Piraeus and Limassol. He also mentioned Turkey, saying that it remains a hive of activity, particularly in inspections and newbuildings.

Strengthening ties with Greek institutions is also high on his list, from the Hellenic Shipowners’ Association and Hellenic Marine Environment Protection Association (Helmepa) to National Technical University of Athens, Polytechnic Campus and the Ministry of Maritime Affairs and Insular Policy.

“We want to actively contribute to the development of the Greek shipping community, providing know-how and services that will help the sector meet the challenges of the new era,” he said.

Asked how DNV fits into this landscape, Teriakidis was clear. “Greek shipping continues to be a global leader, with Greek shipowners maintaining the largest fleet in terms of tonnage,” he said.

“The challenges they face today are related to compliance with new environmental regulations, digitalisation and geopolitical developments.”

He explained that DNV supports the industry by offering “expertise, reliable certification services and innovative solutions for energy efficiency and sustainability.”

The company also works closely with local authorities and research bodies to help firms stay ahead.

The energy transition, though, brings its own complications. Greek owners, he noted, are understandably cautious about green tech investments.

“Greek shipowners have always designed ships that are attractive and flexible in the global market, while maintaining their profitability,” he said.

“However, the transition to greener technologies is not easy.”

Many, he explained, are now opting for hybrid or combined solutions to lower emissions and boost efficiency. DNV plays a key role in supporting these decisions.

“DNV has the expertise to support companies in selecting the right technologies, based on their operational and financial needs. We invest 5 per cent of our annual turnover in research, allowing us to provide support even for technologies that are at an early stage.”

He didn’t shy away from the wider picture either.

“Geopolitical crises affect trade routes and increase uncertainty in shipping,” he said.

“At the same time, rising fuel costs and new environmental regulations bring new challenges.”

Still, he remains optimistic.

“Energy transition, digitalisation and developments in logistics are creating new business models and opportunities for diversification,” he said.

“DNV is here to support the industry, offering specialised knowledge, risk analysis and strategic solutions for fleet efficiency and sustainability.”

Teriakidis pointed to three forces that will define the next chapter, digitalisation, Artificial Intelligence and cooperation.

“Classification societies can leverage decades of survey data to offer trends and solutions to shipping companies,” he said.

“DNV has been investing in digital data collection since 1999, enabling us to develop innovative applications.”

Artificial Intelligence is already streamlining internal processes, but collaboration, he said, remains the key to navigating what comes next.

“Collaboration with shipowners, charterers, regulators and technology players is essential to respond to the needs and changes of the times,” he said.

“Through collective knowledge and experience, we can create the conditions that will lead the industry to a sustainable future.”

His message to the Greek shipping community was measured, but clear.

“The future of shipping has challenges, but also opportunities. Greek shipowners have proven that they know how to adapt and innovate.”

DNV, he confirmed, is continuing to invest in Greece — with more than 110 professionals now part of the local office in Piraeus.

“With a strong team of surveyors, engineers and other specialists, we are here to support Greek shipowners on their path towards a more sustainable and efficient future for our industry,” Teriakidis concluded.