• 2019 February 4 12:48

    Current signs of recovery in East Med cruising mark the beginning of a new era for this unique region

    The biennial Posidonia Sea Tourism Forum returns this May to Athens for its fifth consecutive edition at a new venue and celebrates the industry’s renewed optimism for East Med cruising. Following a sharp three-year slump due to geopolitical tensions, some of the region’s key destinations, homeports and host countries are experiencing the first promising signs of recovery.

    The region’s earlier than expected rebound was helped by Greece’s consistent performance as a destination of global appeal, keeping cruising in the area alive until Turkey started to be reinstated as a viable cruise destination. Equally important is a gradual re-inclusion of Israel and Egypt in niche itineraries that seek to reopen highly commercial cruise routes that deliver a fuller experience of the East Med’s unique diversity.

    With a global fleet expansion that will augment total berth capacity by 7.5%, 2019 is seen as the year that will bring new strategic developments that will also help re-establish the East Med as a major cruise development theatre. “We have a record year for newbuilding deliveries, as the 24 cruise vessels that come on line in 2019 constitute the largest number ever in a single year. Collectively this will add a total of 42,488 new berths to the global capacity that need to be filled gainfully,” said Theodore Vokos, Managing Director of Posidonia Exhibitions S.A, organisers of the Posidonia Sea Tourism Forum. The event will be held from May 28-29 at Domotel Kastri Conference Center, in Athens’ historic northern suburb.

    CLIA Europe has already confirmed its active participation at the Posidonia Sea Tourism Forum and is expected to participate with a high-level delegation. This can be seen as a firm statement on East Med’s commercial potential and its future role in the sustainability of cruising in the Mediterranean as a whole.

    According to Tom Boardley, CLIA Europe Secretary General: “CLIA has increased its presence in Greece and the Eastern Mediterranean region and we hope to build on this with closer and stronger ties with local stakeholders to highlight the importance of the region. This year’s Posidonia Sea Tourism Forum will offer us a unique experience to work with policymakers, regulators, other industry stakeholders and local communities’ representatives towards the achievement of this goal. As the global cruise industry continues to grow and expand into new destinations, Europe and the Eastern Mediterranean region will remain a popular and vibrant hub for cruising.”

    The 5th Posidonia Sea Tourism Forum will also address the bigger picture of the cruise industry, as this is likely to evolve given the current global developments. As a direct result of dramatic capacity increases, we will see new trends in deployment strategy and market development, along with fleet reshufflings and a spree in older generation vessel sales and renovations. The Forum will tackle these issues as key factors affecting the cruise industry’s global development and examine the economic opportunities they create for a wide range of sectors. Also to be discussed are technical innovation trends, environmental and alternative fuel challenges, pressing infrastructure development needs and much more.

    Ultimately, the 5th Posidonia Sea Tourism Forum aims to present a multifaceted view of contemporary cruise development and the importance of finding new ways and synergies to improve the commercial and economic relationship between cruise industry, stakeholders and destinations.  

    “The conditions are right and the Posidonia Sea Tourism Forum is ready to once again set the tone and empower the discussion for the future of the cruise industry in the East Med during an action-packed, two-day event. It will be attended by the sector’s most prestigious and powerful cruise brands and decision-makers from around the world,” said Vokos.

    The 5th Posidonia Sea Tourism Forum is organised under the auspices of the Ministry of Tourism and the Ministry of Maritime Affairs & Insular Policy and is supported by the Hellenic Chamber of Shipping, the Association of Mediterranean Cruise Ports (MEDCRUISE), the Hellenic Professional Yacht Owners Association, the Greek Marinas Association, the Association of Passenger Shipping Companies, the Union of Cruise Ship Owners & Associated Members, the Federation of Hellenic Associations of Tourist and Travel Agencies (fedHATTA). Silver sponsors are the Piraeus Port Authority and HEMEXPO and Bronze Sponsors are Air France - KLM - Delta, Aktina Travel Group, Global Ports Holding and Celestyal Cruises.


2019 July 23

19:02 Diana Shipping announces continuation of time charter contract for m/v Myrto with Cargill
18:04 Port of Southampton welcomes growing numbers of 'green' vessels
17:43 ASCO ships continue to work on Absheron gas condensate field
17:13 HII successfully completes builder’s trials for LHA 7
17:09 Arrival of bridges for Theemswegtracé, Port of Rotterdam
16:51 Nakhodka Trade Sea Port invests RUB 1 billion in construction of water treatment facilities
16:30 Bunker prices go up at the Far East ports of Russia (graph)
16:29 SGRE conditionally awarded largest U.S. offshore wind power order to date: 1.7 GW from Ørsted and Eversource
16:06 Zvezda to save RUB 200 million with its innovating welding technology
15:35 SUR recommends seafarers avoid employment on ships bound for Middle East
15:14 Siemens Gamesa will supply the SG 4.5-145 for its first nearshore project in Vietnam
14:07 Marine Recruiting Agency took part in event dedicated to compliance with labour legislation
13:43 LUKOIL produces over 15 million tons of oil at Vladimir Filanovsky field
13:20 ACO Marine completes the installation and commissioning of a Clarimar MF-10 wastewater treatment plant
12:56 Ferry Tõll reconstruction into hybrid ship
12:24 Muscat, Oman to host 2nd Gas & LNG Middle East Summit on 2-3 December 2019
12:00 Hapag-Lloyd announces rates from Indian Subcontinent & Pakistan to North Europe
11:58 GTT receives two new orders from Hyundai Heavy Industries and Hyundai Samho Heavy Industries
11:40 Barcelona to host European LNG Infrastructure Development Summit on 21-21 October 2019
11:22 Rotterdam to host 4th International Green & Smart Shipping Summit on 8-9 October 2019
10:58 Pella launched lead medium refrigerator trawler SKORPION of project 1701
10:25 RS: follow-up to the conference on the rules for fishing vessels
09:57 AEC at the 8th Symposium on The Impacts of an Ice-Diminishing Arctic on Naval and Maritime Operations
09:34 Baltic Dry Index is up to 2,191 points
09:33 MABUX: Bunker market this morning, July 23
09:19 Brent Crude futures price is up 0.17% to $63.37, Light Sweet Crude – up 0.11% to $56.28
08:01 Nexans qualifies high voltage cable to world record water depth to create power connection across a Norwegian Fjord

2019 July 22

18:06 Dorset’s Intermarine UK lands steel fabrication deal to increase capacity at Portland Port
17:58 Port of Zeebrugge volumes grow by 12.5 % in first semester of 2019
17:48 MS VASCO DA GAMA welcomed at Ostseekai for maiden call
17:19 Port of Kiel welcomed cruise ship “Marella Explorer”
16:55 ‘A British first’ cruise call for Port of Southampton
16:29 Damen to prepare Stad Amsterdam for ‘green ambassador’ role
15:47 Akademik Pashin tanker arrived at the port of Murmansk
15:14 Container throughput of port Hong Kong (China) down 8.1% to 9.06 million TEUs in Jan-June’2019
14:51 Port of Singapore throughput in Jan-June’2019 climbed by 0.6% to 315.17 million tonnes
14:28 JAXPORT sets container and auto records through first three quarters of fiscal year 2019
13:53 Throughput of port Helsinki (Finland) in Jan-June’19 fell by 6.1% to 7.14 million tonnes (table)
13:29 Bunker sales at the port of Singapore in Jan-June’2019 fell by 6.5% Y-o-Y to 23.7 million tonnes
12:56 Average wholesale prices for М-100 HFO up to RUB 17,248 in RF spot market
12:32 London to host 19th Vessel Efficiency & Fuel Management Summit on November 27-28
12:10 Turbine assembly begins for the WindFloat Atlantic project
11:55 Hamburg to host ACI’s Digitalisation in Shipping: Europe 2019 on October 9-10
11:24 NOVATEK closes Arctic LNG 2 transaction
11:10 APM Terminals Maasvlakte II increases rail service to major inland logistics hub
11:04 Seadrill secures contract for the West Polaris in Southern Asia
10:30 ASCO ships continue working on Absheron gas condensate field
10:08 Port of Oakland freight hauler testing two more electric big rigs
09:55 International Finance Corporation visited NIBULON’s facilities
09:36 Brent Crude futures price is up 1.63% to $63.48, Light Sweet Crude – up 1.08% to $56.23
09:32 MABUX: Bunker market this morning, July 22
09:19 Baltic Dry Index is up to 2,170 points
09:07 CMA CGM announces FAK rates from Asia to the Middle East Gulf
08:00 SCANEX Group offers video presentation of geoinformation services for maritime industry
07:42 Parkwind and Jan De Nul start works for the 219 MW offshore wind farm off the Belgian coast

2019 July 21

16:31 USCG begins investigation into three tugboats sinking
15:18 Tolent kicks off construction of Triton Knoll’s new base on Grimsby’s Royal Dock
14:48 ONE launches new direct service between South East India, Mediterranean, and North Europe
14:37 Major milestone met on Moray East Offshore Windfarm project
13:04 Odfjell SE sells its ownership share of terminal in Jiangyin, China