Greece Moves to Stabilize Ferry Prices, Upgrade Coastal Services


Greek Maritime Minister Vassilis Kikilias. Photo source: Maritime Ministry

Greece is stepping up efforts to stabilize ferry ticket prices and modernize its coastal shipping sector, as environmental regulations drive up operating costs.

Speaking recently to the Greek press, Maritime Affairs and Insular Policy Minister Vassilis Kikilias reiterated that a 50 percent cut in port fees, announced earlier this month, will take effect from May 1. The move aims to ease the financial burden on operators switching to EU-mandated low-sulfur fuels — a vital step for the environment but one that threatens higher fares.

“Our priority is to keep ferry travel affordable and accessible, not a luxury,” Kikilias said, adding that the government will continue offering fare discounts for students, island residents, large families, and social tourism participants.

While ferry services operate under free market principles, Kikilias stressed that the government has tools to prevent unfair pricing. He expressed confidence that competition, alongside the fee reductions, would help contain ticket costs.

Addressing concerns from port authorities about revenue losses, Kikilias confirmed they would be compensated through the Green Fund, with additional support for ports investing in modernization. Those failing to adapt may face challenges, he warned.

Thessaloniki port. Photo source: ThPA

Looking ahead, Greece’s five-year maritime strategy focuses on fleet renewal, expanded island connectivity, and upgrading ferry terminals into full-service hubs, supported by a 583-million-euro investment program combining public and private funds.

On passenger rights, Kikilias said strict regulations are in place to manage delays and cancellations, ensuring timely updates and traveler protections.

He also highlighted the role of the Hellenic Coast Guard in defending Greece’s maritime borders, with ongoing investments in new equipment and infrastructure.

Moreover, despite the sector already moving more than 25 million passengers and nearly 6 million vehicles annually, Kikilias underlined the need for a redesign of ferry routes.

According to the minister, new technologies, including AI, will help optimize services to better meet modern travel demands.


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