• 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 June 20

18:00 Lead landing ship of Project 11711, Ivan Gren, joins the fleet of RF Navy
17:33 Rosatomflot extends its winter-spring navigation period amid challenging ice conditions
17:05 Genco Shipping & Trading Limited completes common stock offering
16:05 Seatruck Ferries to use larger vessels for Warrenpoint service
15:51 Maritime leaders endorse green initiatives for shipping
15:30 Mitsui to make entry into subsea support vessel business through acquisition of shares in AKOFS Offshore
15:04 Eighty-two Crowley vessels honored with Jones F. Devlin Awards in recognition of 613 combined years of safe operations
14:59 GasLog Partners LP announces new charter agreement with Cheniere Energy
14:24 Small icebreakers of Project 22740 can be converted to run on LNG
14:05 Cheniere Energy and Cheniere Energy Partners announce definitive merger agreement
13:13 ABB brings efficiency and sustainability through system integration to two new Indian ferries
12:39 Dredging works commenced at the port of Ust-Luga
12:01 ABP Southampton publishes Air Quality Strategy with package of commitments
11:20 Bunker prices are down up at the port of Novorossiysk, Russia (graph)
11:01 Crowley adds 40 ISO tanks
10:45 Yaroslavsky Shipbuilding Plant completed the series of six boom-laying boats
10:31 GTT receives an order from Hyundai Heavy Industries to design the tanks of a new LNG carrier
10:22 Brent Crude futures price up 0.41% to $75.41, Light Sweet Crude – down 0.59% to $65.3
10:05 Euroports increases pulp & paper warehousing capacity in Tarragona, Spain
10:00 RF Government expands the list of publicly funded projects in seaports and on IWW of Russia
09:37 Bunker prices continue going down at the Port of Saint-Petersburg, Russia (graph)
09:16 Baltic Dry Index down to 1,419 points

2018 June 19

18:06 100 million dollars to link the Nile with Suez Canal Region
17:03 DNV GL partners with the EU and Government of India to bring offshore wind to the Indian market
16:32 CMA CGM deploys its innovative solution for containers tracking, TRAXENS by CMA CGM
16:18 APM Terminals ‘Cool port’ barge service speeds up distribution from Rotterdam
16:02 Multraship acquires an ASD Tug from Med Marine for Terneuzen operations
15:32 Koper remains the most important port for Austria
15:02 CMA CGM announces GRR from East Coast South America to Africa, Gulf and West Coast North of India
14:32 Port of Oakland import volume flat in May 2018
14:25 Europort Romania maintains its position as the premier Black Sea martime event
14:02 British Ports Association comments on new report on Northern ‘Free Ports’ strategy proposal
13:32 Port seeks to double rail volume with Railport Antwerpen
13:02 Rijkswaterstaat awarded Van Oord the contract to dredge Marker Wadden channel
12:32 MOL to make full-scale move into subsea support vessel business by acquiring stake in AKOFS of Norway
12:28 HELCOM Heads of Delegation approve Baltic Sea Action Plan update process and welcome new HELCOM Chair
12:02 Bunker prices continue growing at the Far East ports of Russia (graph)
11:37 Damen and Saab announce partnership to participate on the tender for the Tamandaré Class Corvette
11:34 Saturnus, first vessel in the Evolution series, launched at AVIC
11:09 Marine Technics and Alexeev’s Hydrofoil Design Bureau extend joint projects
10:45 Arctia appoints Senior Vice President for Offshore and Marine Services
10:23 Brent Crude futures price down 0.64% to $74.86, Light Sweet Crude – down 0.62% to $65.28
10:01 Small missile ships of RF Navy’s Caspian Flotilla sail from Sevastopol to Mediterranean Sea
09:40 Rescuers of RF Navy’s Northern Fleet train in rendering assistance to submarine in Kola Bay
09:16 Baltic Dry Index up to 1,442 points

2018 June 18

18:12 Azerbaijan Caspian Shipping Company takes part in TransCaspian/Translogistica 2018
17:57 Legislative amendment promotes automatisation tests in maritime transport with regard to manning and watchkeeping
17:35 First major forum on the new Silk Road organised by the Port of Marseille Fos
17:05 Aker Solutions teams up with SAP for next steps in digitalizing its business
16:45 HMM signs Letter of Intent for its mega containership orders
16:24 Victor Olersky handed in his resignation notice
16:18 European Council extends sanctions on Crimea and Sevastopol for another year
16:05 DryShips announces agreements to sell two older Panamaxes
15:40 Tuapse Commercial Seaport elected seven BoD members
15:33 Poland holds World Maritime Day Parallel Event
15:13 IMO member states must progress on key sulphur cap issues at critical meeting in July
14:59 Average wholesale prices for М-100 HFO down to RUB 17,923 in RF spot market
14:13 Navios Maritime Containers announces acquisition of five containerships and options to acquire four additional containerships
13:35 Maersk launches a new line to the Middle East from Fos
13:00 Aker Arctic demonstrates autonomous vessel in model tests