The two groups signed an exclusive partnership to bid for the commercial concession of Elefsina Port, a project overseen by Greece’s Growthfund as the industrial port gains strategic importance in the Eastern Mediterranean.

According to the Greek foreign minister, the ONEX–Hanwha agreement goes beyond the boundaries of traditional shipbuilding, opening prospects for large-scale energy projects.

The Greek foreign minister’s Feb. 25-27 trip to Washington will focus on Eastern Mediterranean security, energy cooperation and regional stability, while also spotlighting a major shipbuilding partnership

As Athens and Washington promote the proposed gas link, attention is shifting to parallel talks over a multibillion-euro PPC data center and a potential redevelopment of the Port of Elefsina, both seen as part of a broader U.S.-Greece investment narrative

Greece moves to expand ONEX’s activities at Elefsina with new legislation as the U.S. highlights energy and security priorities amid wider efforts to counter China’s influence in Greek ports

The Elefsina unit, due west of the greater Athens-Piraeus area, recently resumed operation after a high-profile privatization

The Elefsina shipyard will be rehabilitated and play a critical role in reducing reliance on Russian energy