• 2018 June 9 18:00

    Posidonia anchors maritime world

    The world’s most prestigious shipping trade event has scaled new heights this year with an unprecedented display of the collective might and minds of a gigantic global industry which accounts for nearly 95 percent of international trade, says Posidonia press office.

    And as the gates of the Athens Metropolitan Expo closed on Friday evening to bid farewell to the 2,011 exhibiting companies and some 22,000 visitors from 92 countries, the Posidonia Exhibition opens a new chapter in its 50-year-long legacy with an ambition to celebrate a century of achievements in tandem with the expansion and growth of the Greek ocean going merchant marine fleet, which today accounts for 20 percent of the global and 50 percent of Europe’s dwt capacity.

    The proof points of the show’s unparalleled appeal and success were evident each of the five days on the exhibition floor and conference facilities of the venue, where a number of business deals were struck and issues and trends of concern to the international maritime industry were debated.

    During the Posidonia week, Maran Gas Maritime declared options for a further LNG carrier and its second floating storage and regasification unit (FSRU) at the South Korean yard, Daewoo S&ME. The deal came hard-on-the-heels of another major Ballast Water Treatment System retrofit project for 36 of Angelicoussis Shipping Group’s large vessels, which has gone to Ecochlor. Work will be carried out between 2018-2020 at yards in Singapore, Dubai, Qatar and China, a tangible example of the truly global nature of shipping.

    And according to TradeWinds, another Greek shipowner, Nikos Tsakos clinched a mega newbuilding deal for his company Tsakos Energy Navigation for two 115,000-dwt aframaxes at Daehan Shipbuilding of Korea.

    The deals galore continued throughout Posidonia 2018; ABB Turbocharging and Multi Marine Services signed an agreement to open a turbo charging service point in the Cypriot port of Limassol; and Airbus signed an MoU with Wilhelmsen to develop an Unmanned Air System (UAS) for the delivery of ship supplies, in a sign of how fast technology has started impacting on shipping operations.

    With the eyes of world shipping firmly fixed on Posidonia 2018, many companies chose the event to unveil major initiatives, launch new products and announced important developments, including classification society DNV GL which released its first cyber security class notations to help shipowners and operators protect their assets from hacking incidents. Winterthur Gas announced the inauguration of a training centre in Piraeus and revamped Honduras Registry made its debut at Posidonia 2018 unveiling its agreement to contract the international management of its flag to Panamanian company International MarConsult. Also, Piraeus Port Authority S.A. (PPA) was awarded double certification against ISO 9001:2015 and ISO 14001:2015 by Lloyd’s Register (LR).

    Theodore Vokos, Executive Director, Posidonia Exhibitions S.A. said: “The list of new business deals goes on and on as multi-million dollar deals on the Posidonia Exhibition floor is the norm, being the most eagerly awaited trade event in the biennial shipping calendar. This year, on our 50th anniversary, we have witnessed a tremendous response from the global shipping community whose presence and activity helped us deliver the most dynamic Posidonia ever.”

    While the commercial aspect of Posidonia has long been acknowledged as one of the world’s most prolific, the event has also grown to be the bellwether of world shipping and this year, a total of 40 seminars and conferences set the global maritime agenda, debating the burning issues of environmental regulations, safety, clean fuel, leadership and digitalisation.

    At the traditional Press Conference of the Union of Greek Shipowners on the last day of Posidonia, the Chairman of UGS, Mr Theodore Veniamis, addressed an international audience of journaliststo brief them about the state of Greek shipping and the owners’ strong views on a number of issues.

    Mr Veniamis was asked to comment on the 2020 global sulphur limit imposed by the International Maritime Organisation, a hot topic for the shipowning community in Greece and internationally.

    “The deadline of 2020 was agreed some time ago, back in 2016. We have no issues with the 0.5% sulphur fuel limit as long as the oil companies can provide the volume that is required and deliver it where it is required once the deadline of March 2020 becomes effective. But today, we have received no commitments that the specs of the new fuel will be compliant, nor have we received guarantees about potential liability and safety issues.

    And he continued: “So the oil companies must declare whether the fuel is compliant and safe. For instance, we are told that oil companies will receive ISO Certification in 2023, three years after we are supposed to start using it. We are not asking to cancel the 2020 regulation, we are asking for more time for the providers of fuel and engines to be ready.”

    One of Posidonia founders, Mr Themistocles Vokos said: “During the last fifty years, Posidonia has grown to become the undisputed leader in the calendar of shipping events, a beacon that sets the global maritime agenda, a must-attend exhibition and conference at the heart of shipping. It is where policy makers and industry officials table the sector’s issues, debate and discuss developments and exchange views, knowledge and ideas. It is the most internationally recognisable Greek brand and the heartbeat of one of the most critical sectors of world economy and reflects the success and the achievements of the Greek shipping family.”

    Posidonia 2020 will be held from June 1 – 5 at the Athens Metropolitan Expo. The event is organised under the auspices of the Ministry of Maritime Affairs & Insular Policy, the Union of Greek Shipowners and the Hellenic Chamber of Shipping and with the support of the Municipality of Piraeus and the Greek Shipping Co-operation Committee.




2018 August 16

18:45 Kalashnikov Concern’s Vympel Shipyard lays freezer trawler of Project T30
18:06 Port of Dover awarded contract to Solent Marine Ltd to design and fit-out Dover's new marina
17:32 Maersk Line announces rates from Far East Asia to West Africa
17:06 Hapag-Lloyd increases reefer fleet by 11,100 containers
16:56 DFDS orders additional freight ferry (ro-ro) newbuilding from the Chinese Jinling Shipyard
16:52 Sovcomflot’s shuttle tanker Governor Farkhutdinov ships 600th crude oil cargo for Sakhalin-2
16:03 CMA CGM announces GRR from Asia to Mozambique
15:47 Taganrog Sea Commercial Port's H1 2018 employee benefits and rewards programme totals RUB 2.2 million
15:31 Melbourne port operator ICTSI may be investigated by State and Federal authorities
15:09 Bunker prices at Far Eastern ports remain flat
14:33 CMA CGM announces GRR from Asia to Indian Ocean
14:27 MABUX: Bunker prices may change irregular next week
14:13 Maersk Line announces rates from Far East to North Europe
13:42 First ever S-T-S loading of 70000dwt Panamax coal carrier performed at Shakhtersk harbour transshipment location in Sakhalin
13:32 More investment contracts at the Port of Gdansk
13:02 Wärtsilä equipped Canadian ferry will have minimal environmental impact
12:16 Damen Shipyards Galati celebrates 125 years
12:09 Okskaya Sudoverf Shipyard launches 6th serial barge of Project ROB20
12:03 Boskalis presents half-year results and terminates loss-making low-end transport activities
11:59 Port of Oakland container volume up 3.6 percent in July 2018
11:45 Rolls-Royce launches new battery system for ships
10:58 DP World revenue up 14.4% in H1 2018
10:57 VARD secures contract for one autonomous and electric-driven container vessel for YARA
09:39 EU NAVFOR mission operation commander visits Spanish MPRA in Djibouti
09:21 Baltic Dry Index gains to 1725 points

2018 August 15

18:33 Equinor extends partnership with The Arctic Race of Norway
17:56 Port Kavkaz seven-month volumes soar 30% Y/Y to 25.21 million tonnes
17:36 Russian Gov't to allocate RUB 500 million in subsidies to support small-tonnage fishing ships construction, Rosrybolovstvo says
17:34 Maersk Line to rise rates from Far East to East Coast South America
17:30 Yang Ming orders ten 2,800 TEU containerships
17:19 Nor-Shipping 2019 takes place in Oslo and Lillestrøm, Norway, from 04 to 07 June 2019
16:05 New Times Shipbuilding announces delivery of oil tanker
15:04 Rosrybolovstvo looks into building a series of three RVs as from 2020
15:04 Concordia Maritime AB announces interim report for H1 2018
14:12 Multipurpose Reloading Complex spends over RUB 600,000 on employee benefits and rewards programme
13:20 Konecranes to deliver more electric RTGs to Luka Koper in Slovenia
13:02 Join Marinet Conference at SMM 2018, Hamburg
12:32 Prime Minister Dmitry Medvedev gives green light to NLR construction project
12:01 WW Ocean presents new-look trade maps resembling public transit maps
11:15 Port of Vancouver posts H1 2018 results
10:41 Aker Solutions wins orders for Liuhua power umbilical systems in China
10:21 Nor-Shipping 2019 devotes entire hall to new focus on Blue Economy
10:05 Crude oil futures drop 0.22% to $72.3 in London and 0.48% to $66.72 in New York
09:29 Bunker prices at Port of St. Petersburg show mixed movements

2018 August 14

18:30 Hapag-Lloyd annonces General Rate Increase from East Asia to USA and Canada
18:12 FE Railways' loaded freight in Jan-Jul up 2% to 28.2 million tonnes
18:07 Hapag-Lloyd changes terminals at Genoa on its MPS service
17:47 British Ports Association launch Sustainable Development Resolution
17:45 Euro Tank Terminal extends jetty at the port of Rotterdam
17:31 MEYER WERFT holds float out procedure for cruise ship for AIDA Cruises
17:29 APM Terminals launches online customer platform in Bahrain
17:27 MED MARINE delivers a 24m ASD Tug from Turkey to Estonia
16:24 Offshore installation vessel starts work on Belgium’s largest offshore wind farm
15:44 Logistec Corporation declares quarterly drvidends on shares
15:21 Vessel Performance Optimisation Forum Singapore initial speakers announced
15:02 Danaos Corporation announces closing of comprehensive debt refinancing
14:16 Sea Port St. Petersburg earmarked over $337,000 for bonus and social responsibility programmes
14:13 TTS Group ASA secures new contracts for access equipment and cranes for two reefer vessels
14:06 Ports of Primorsk and Ust-Luga support green shipping, to implement incentives for LNG-powered ships as from August 15, 2018
13:39 Bunker prices in Far East seaports edge down