Navigating the Greek Superyacht Industry
November 2, 2023
A closer look at crew salaries and working conditions.
”By Cpt APOSTOLOS KORAKAS,,
Ahoy there, fellow yachting enthusiasts! As a seasoned superyacht captain and former president of the Hellenic Yacht Crew Association, I’ve had the privilege of witnessing the Greek superyacht industry evolve over the years. Today, I’d like to shed some light on a topic that has long concerned our maritime community: crew salaries, working hours and conditions in Greece compared to other countries. Why does this disparity exist and what can be done to create positive change? Join me as we navigate through these waters.
THE GREEK SUPERYACHT INDUSTRY:
A DOUBLE-EDGED SWORD
Greece is undeniably a paradise for superyacht owners and charter guests, offering breathtaking scenery, crystal-clear waters and a rich cultural heritage. However, beneath this shimmering surface lies a stark contrast in the working conditions for the dedicated crew who keep these floating palaces afloat.
SALARIES AND WORKING HOURS: A GREEK CHALLENGE
One of the most significant disparities in the Greek superyacht industry is the lower crew salaries and longer working hours when compared toother countries. Crew members in Greece often find themselves work- ing tirelessly, sometimes with hardly any rest, while their counterparts in countries like France, Italy, or the United States enjoy higher wages and more reasonable working schedules.
WHY DOES THIS DISPARITY EXIST?
Several factors have contributed to this ongoing disparity:
ECONOMIC FACTORS: Greece has faced economic challenges in recent years, leading to lower labour costs in the superyacht industry. Owners and charter guests often expect competitive prices, which can put pressure on crew wages.
LACK OF REGULATION: Unlike some countries with stricter labour laws and regulations, Greece’s yachting sector has historically had poorer legal protection for crew members.
CULTURAL DIFFERENCES: In some cases, the Greek maritime culture may foster a sense of dedication and resilience that can be exploited by employers.
CREATING POSITIVE CHANGE
While the situation in Greece presents its own set of challenges, it’s important to acknowledge that change is possible and necessary. Here are some steps that can be taken to improve the working conditions and salaries for yacht crew in Greece:
INDUSTRY COLLABORATION: The Greek superyacht industry should encourage cooperation between yacht owners, charter companies and crew members to establish fair working conditions and wages.
LEGISLATION AND REGULATION: Lobbying for stronger labour laws and regulations that protect the rights of crew members in
Greece is crucial. This includes implementing clear guidelines for working hours, minimum wages, and crew rest periods.
EDUCATION AND TRAINING: Providing better training and profes- sional development opportunities can lead to higher skill levels and more competitive salaries for Greek yacht crew.
FAIR COMPENSATION: Yacht owners and charter guests should rec- ognize the dedication and hard work of their crew by offering competi-tive salaries and benefits.
WHY SHOULD WE MAKE THESE CHANGES?
Ensuring fair wages, reasonable working hours and improved condi- tions for yacht crew in Greece is not just a matter of ethics; it’s also essential for the sustainability and growth of the superyacht industry in the country. Happy, well-compensated crew members are more likely to stay in the industry, which is of benefit to owners, charter guests, and the overall reputation of Greece as a premier yachting destination.
In conclusion, the Greek superyacht industry is at a crossroads, with the potential for significant improvements in crew salaries and workingconditions. By fostering collaboration, advocating for better regulations, investing in education, and offering fair compensation, we can trans- form Greece into a world-class yachting destination that truly values and supports its dedicated crew members. Together, let’s sail towards a brighter and fairer future for the Greek superyacht industry.
Smooth sailing, my fellow yachting enthusiasts!