The goal is to install dual-fuel engines to reduce carbon emissions in light of the European Union's new deadlines for a 55% reduction in carbon dioxide emissions by 2030.

Furthermore, the agreement may also include the construction of newly designed coastal vessels for the Aegean.

Elefsis Shipyards, controlled by ONEX interests of Panos Xenokostas, thus begins the process of restructuring with a significant private agreement for a project that can secure substantial financial flows. Information suggests an investment program of around 1 billion euros. This topic was previously announced in this column a week ago.