Shipowners Frangou, Marinakis speak about Red Sea, defence, global economy

Angeliki Frangou participated in The Economist, The World Ahead 2025 Athens Gala Dinner together with the chairman and founder of Capital Maritime & Trading Corp, Evangelos Marinakis. They discussed how geopolitics, the energy transition and the global economy will transform Greece, Europe and the world in 2025.

The “big challenge for shipping in 2025 is to solve the problems,” said Angeliki Frangou, chairwoman and CEO of Navios Maritime Partners during the panel discussion.

Speaking at The Economist’s she explained, “Shipping is all about global trade. China is weak. The USA, we say, is growing, but with not a lot of flexibility because it has its debt now and its revenues are consumed by the debt service more than defense and the entitlement programs. So not a lot of room. And Europe is anemic, non-existent. The world economies have some problems with the exception of the US. But in shipping, the real question in 2025 will be how we resolve the geopolitical events that we see: the Ukrainian war, the Red Sea, the hot war with Israel and