HEC

What HEC does

HEC (Hellenic Environmental Center) is a Greek-headquartered environmental services group founded in 1993 that provides integrated waste management for maritime and industrial customers across Europe. Operating through the Global Green Ports brand and wholly-owned subsidiaries in Greece, Germany (Hamburg), Gibraltar, and Malta, HEC delivers port reception facility services for ship-generated MARPOL Annex I, II, IV, V, and VI waste, industrial waste management for power generation, cement, and chemical sectors, tank cleaning, and oil spill response. The company serves approximately 80 ports and 110 industrial units with a 400+ workforce on a 24/7/365 basis, anchored by a 35-year exclusive concession at the Port of Piraeus (since 2014) and exclusive provider status in Gibraltar.

Name

HEC

Legal name

Hellenic Environmental Center S.M.S.A.

Website

https://hec.gr

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

51–100 employees

Short description

HEC (Hellenic Environmental Center) provides port reception facilities, industrial waste management, and recovered fuel production for maritime and industrial customers across Greece, Germany, Gibraltar, and Malta under the Global Green Ports brand.

Ownership category

akta.pro rank

Headquarters

HQ city

Piraeus

HQ country

Greece

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Port Reception Facility Services: Collection, transportation, storage, and treatment of ship-generated oily waste from MARPOL Annex I, II, IV, V, and VI residues at ports. Services are provided under exclusive concession contracts with port authorities.
2. Recovered Fuels and Hydrocarbon Products: Treatment operations produce high-quality recycled fuel products with commercial applications. Recovered hydrocarbons are sold to refineries, oil terminals, and industrial units including cement producers and smelters.
3. Industrial Waste Management Services: Comprehensive waste management services for industrial plants including tank cleaning, wastewater treatment, and hazardous waste handling for power generation, cement production, and chemical sectors.
4. Oil Spill Response Services: Emergency response services and pollution incident management including equipment provision (floating oil booms, skimmers, auxiliary vessels) for maritime environmental protection.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

HEC is a private Greek environmental services group that collects, transports, treats, and disposes of ship-generated oily residues and industrial hazardous waste at port reception facilities and onshore treatment plants. Its operations use a patented oil-waste treatment process to separate hydrocarbons from water, producing recovered fuels, clean water, and a dry solid phase for alternative fuel use. The company serves ports, shipping lines, oil and gas platforms, and industrial plants across Greece, Germany, Gibraltar, and Malta.

Product overview

HEC (Hellenic Environmental Center) is an environmental services company operating a multi-service platform for maritime and industrial waste management. The company functions as a unified environmental services provider rather than a software product company. Its core portfolio includes three interconnected service areas: Port Reception Facilities (handling ship-generated waste collection and management), Waste Management (treating hazardous and non-hazardous industrial residues), and Recovered Fuels (producing recycled fuel products from treated oily waste). These services are delivered through operating entities including Oil One (the flagship Piraeus treatment facility with patented technology), and the Global Green Ports brand network (spanning Green Ports Hamburg, Green Ports Gibraltar, and Green Ports Malta). The company also provides complementary services including oil spill response, tank cleaning, and wastewater treatment. The integrated approach follows circular economy principles, converting waste into recovered hydrocarbons and alternative fuels.

Differentiator

Problem solved

Functional benefit

Brands

• Global Green Ports: Integrated port facility services brand specializing in receipt and management of residues including collection, transportation, storage, and treatment with focus on liquid petroleum residues
• Green Ports Malta
• Green Ports Hamburg
• Green Ports Gibraltar
• Oil One

Products and services

• Port Reception Facilities Comprehensive port facility services for receiving and managing ship-generated residues including collection, transportation, storage, and treatment of liquid petroleum residues under MARPOL Annex I, II, IV, V, and VI requirements. Operates under a 35-year exclusive concession at Piraeus and equivalent arrangements at Hamburg, Gibraltar, and Malta.
• Waste Management Environmental waste management services for hazardous and non-hazardous waste from marine and industrial sources, including tank cleaning, de-sludging, degassing, wastewater treatment, and industrial waste handling for power generation, cement, and chemical sectors.
• Recovered Fuels Production and sale of recovered hydrocarbon products derived from treated oily waste, including high-quality recycled fuel for refineries and industrial units, circular solid fuels, and raw materials recovered from oil sludge.
• Tank Cleaning Professional tank cleaning and de-sludging services for vessels of any size using sustainable methods with minimal environmental footprint.
• Oil Spill Response Services Emergency response services for pollution incidents including floating oil booms, skimmers, special auxiliary vessels, and comprehensive oil spill containment and cleanup capabilities for maritime environmental protection.

Quantifiable outcome

• Zero waste production achieved through patented closed-loop treatment system
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered flagship, core and minor.

• SIRC (Saudi Investment Recycling Company)flagshipStrategic or Co-development Partner · 4 June 2024MoU signed at Posidonia 2024 exhibition with SIRC, the Saudi investment recycling company wholly owned by Saudi Public Investment Fund. Partnership aims to establish environmental treatment centers for ship recycling services in Saudi Arabia. The collaboration will explore and establish industrial waste treatment facilities while identifying strategic locations considering proximity to industrial centers, transportation infrastructure, and environmental impact.
• GEA GroupcoreTechnology or IntegrationGerman multinational industrial conglomerate featured HEC's Piraeus facility in an article highlighting it as one of the most advanced and sophisticated oil waste recovery plants worldwide. GEA's cutting-edge technology and innovation is recognized in the collaboration.
• International Association of Ports and Harbors (IAPH)coreStrategic or Co-development PartnerTokyo-based NGO representing 168 ports and 134 port-related businesses across 84 countries. IAPH maintains consultative ties with UNCTAD, UNEP, and UN Global Compact. HEC participates in sustainability initiatives through this membership.
• European Sea Ports Organisation (ESPO)coreStrategic or Co-development PartnerBrussels-based collective voice for seaports within the EU, founded in 1993. HEC sponsors and participates in annual ESPO Conference. ESPO serves as knowledge network engaging maritime sector stakeholders.
• National Technical University of Athens (NTUA)minorStrategic or Co-development PartnerAcademic partnership for research collaboration, internships, entry-level positions for graduates, and knowledge-sharing events including seminars and conferences. Multiple student visits conducted to HEC facilities.
• National and Kapodistrian University of AthensminorStrategic or Co-development PartnerAcademic partnership for research collaboration and knowledge-sharing activities.
• National Observatory of AthensminorStrategic or Co-development PartnerAcademic research partnership for environmental monitoring and sustainability research initiatives.
• BIMCOminorStrategic or Co-development PartnerWorld's largest organization for shipowners, charterers, shipbrokers and agents. HEC participates as member staying informed on global maritime developments.
• European Sustainable Shipping Forum (ESSF)minorStrategic or Co-development PartnerEU forum facilitating dialogue, technical knowledge exchange, and cooperation among Commission, Member States, and maritime stakeholders for sustainability enhancement.
• Hellenic Marine Environment Protection AssociationcoreStrategic or Co-development PartnerPioneering voluntary commitment of Greek seafarers and ship owners to safeguard seas from ship-generated pollution, established in Piraeus in 1982. Motto: 'To Save the Seas'.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat6 records

Customer concentration

• LinkedInlinkedin.com/company/hellenic-environmental-center

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HEC