In a report published by protothema.gr, cancellations have reached 90% in the commercial charter yachting sector in Greece. Some still hope that the months of July till September will hold up the industry with support from the European market. Many small and medium-sized companies have fallen under pressure over covering loan instalments with no revenue.

As stated in protothema.gr, Antonis Stelliatos, president of the Hellenic Professional Yacht Owners Association drew attention to four main points:

-Cancellations for yacht charters has in some cases reached 100%,

-The lack of liquidity has caused great concern in all maritime tourism companies, shipowners, charterers, agent companies, etc.

-Unemployment of sailors. Forced redundancies.

-The crisis in shipbuilding and all business associated to related industries, which are in the hundreds.