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Greek Maritime Sector Sets Benchmark For Female Employment Beyond European Averages

At the 89th Thessaloniki International Fair, Greece took center stage by unveiling a groundbreaking study on international best practices for enhancing women’s participation in maritime careers. Spearheaded by the maritime employees’ pension fund (NAT), the research signals a pivotal move towards increasing female representation in an industry historically dominated by men.

Emerging Leadership And Strategic Initiatives

The study, referenced by Newmoney and led by Professor Gabriel Amitsis of the University of West Attica, builds on NAT’s well-established Annual Report on Maritime Employment. Notably, women currently represent 7.8 percent of Greece’s registered maritime employment—a figure that starkly contrasts with Europe’s 1.2 percent in 2021 and 2.4 percent in 2022. The report details 25 strategic measures ranging from awareness campaigns and empowerment initiatives to policies that combat gender discrimination, providing a robust framework for integrating more women into the maritime sector.

A Comparative Analysis Of Global And Regional Trends

While global benchmarks such as the IMO-WISTA Women in Maritime Survey 2024 highlight that women comprise nearly 19 percent of the overall maritime workforce, their presence as active seafarers remains below 1 percent. This persistent gap underscores the challenges that even well-represented sectors, such as maritime administration and education, face when transitioning to active sea roles. Similar trends can be observed in Cyprus, where government initiatives and public policies, including the National Strategy for Gender Equality and the Cyprus Shipping Gender Equality Award, are paving the way for enhanced female participation in shipping.

Government Endorsement And Industry Leadership

Prominent government figures have reinforced the importance of these initiatives. Labour Minister Niki Kerameus lauded Greece as a pioneer in the field, emphasizing that the nation’s female maritime presence is more than three times the international average. Deputy Minister Anna Efthymiou echoed these sentiments, calling for an adaptive social security system that not only provides benefits but also actively supports the unique needs of female seafarers.

Innovation, Sustainability, And The Future Of Shipping

Georgia Maniati, Director and President of NAT’s Board of Directors, stated that international best practices are key to unlocking new pathways for equality, innovation, and sustainability. “The shipping of the future cannot be imagined without the female seafarer,” she said, underscoring NAT’s commitment to global initiatives that promote equal participation. As regional momentum continues to build, Greece and Cyprus are setting an industry precedent, illustrating that elevating female participation is not just a measure of social equity, but also a competitive necessity in today’s dynamic global market.

SEC Drops Lawsuit Against Gemini: A Major Turning Point In Crypto Regulation

SEC Dismisses Legal Action Against Gemini

The Securities and Exchange Commission has formally withdrawn its lawsuit against Gemini, the prominent crypto exchange founded by twins Cameron and Tyler Winklevoss. The move follows a joint court filing in which both the regulator and Gemini sought dismissal of the case that centered on the collapse of the Gemini Earn investment product, a debacle that left investors without access to their funds for 18 months.

Settlement And Regulatory Reassessment

In a significant development, a 2024 settlement between New York and Gemini ensured that investors recovered one hundred percent of their crypto assets loaned through the Gemini Earn program. The legal reprieve comes on the heels of actions initiated by New York Attorney General Letitia James, who accused Gemini of defrauding investors.

Political Backdrop And Industry Implications

This dismissal reinforces a broader trend of regulatory leniency toward the crypto sector noted during the Trump administration, which saw the SEC dismiss, pause, or reduce penalties in more than 60 percent of its pending crypto lawsuits. Meanwhile, Gemini’s recent public offering filing underscores its ambitions to solidify its status as a major player in the evolving digital asset market.

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