The former chairman of the International Chamber of Shipping told an Athens conference organised by the Maria Tsakos Foundation and Capital Link: “(It is a) fallacy that the so-called eco-ships will benefit the environment.”

The carbon emissions caused by building a new ship far outweigh the environmental benefits created by their lower fuel consumption, he argued.

“Existing vessels must be allowed to run their course,” Polemis said, accusing some charterers of blacklisting and discriminating against these “slightly older vessels”.

Eco-vessels