It was established in 1931 and it is one of the oldest nautical clubs in Thessaloniki and Greece alike. It organizes annual inter-club races, championships and international races such as, the “International Rowing Regatta” and the “Alexander the Great Cup” (former Jenny Grammalidou Cup) for Olympic class sail boats and the international offshore sailing week “North Aegean Cup”.
Its premises, located at one of the most beautiful spots in Thessaloniki overlook the Thermaic Gulf and the whole of the city, include offices, club rooms for members and athletes, boat houses, an indoor rowing exercise pool, a gym, a marina, tennis courts, a restaurant and snack-bar.