• 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.


2020 January 24

12:01 CMA CGM announces PSS for reefer exports from Ecuador to Europe, Baltic, Mediterranean, Middle East & Asia
11:00 MAN Energy Solutions wins contract to supply the main propulsion engines for two patrol vessels
10:33 The ShipFC project to convert offshore vessel to run on ammonia-powered fuel cell
10:22 MABUX: Bunker market this morning, Jan 24
09:31 Brent Crude futures price is up 0.35% to $62.26, Light Sweet Crude – up 0.4% to $55.81
09:14 Baltic Dry Index is down to 576 points

2020 January 23

19:00 Chembulk Tankers announces management changes
18:27 KOTUG provides salvage assistance to MV EM-OINOUSSES
18:07 Ocean Installer awarded contract with Dana Petroleum
17:42 Almost 290 cruise liners will call at Ports of Stockholm in 2020
17:37 NYK-operated coal carrier Sunshine Pride enters service for Joban Joint Power
17:19 Throughput of port Helsinki (Finland) in 2019 fell by 2% to 14.42 million tonnes (table)
16:48 Draft Strategy for Development of Russia’s Arctic Zone to be ready by 20 March 2020
16:05 The AUTOSHIP project receives funding of almost Euro 20.1 mln
15:21 probunkers signs LOI with Hyundai for the construction of two LNG bunker vessels
15:16 Perspectives for containers and ro-ro market discussed in Berlin
14:40 New intermodal train connection arranged from Luxembourg
13:37 Container Terminal Saint-Petersburg spent RUB 11 million under its social and charity programmes in 2019
13:03 Global Ports Group to renew handling equipment
12:29 Russia's Main Department of State Expertise approves reconstruction at the port of Petropavlovsk-Kamchatsky
12:05 Port of Long Beach moves more than 7.6 million TEU in 2019
11:48 Croatian DIV Group in process to take-over Kleven Verft
11:00 Austal awarded A$15.5m contract for a 41 metre high speed catamaran ferry for SGTM Mauritius
10:56 MABUX: Bunker market this morning, Jan 23
10:27 ABS marks record-setting three years without a work-related lost time injury
10:25 IBIA: IMO 2020 preparations pay off
10:03 Brent Crude futures price is down 0.4% to $64.33, Light Sweet Crude – down 0.48% to $58.1
09:46 TransContainer dispatched test train with hazardous cargo in reefers from Korea to Poland
09:24 Baltic Dry Index is down to 623 points
09:08 Swissterminal and DP World enter strategic partnership
08:36 CMA CGM introduces NETWORKING INTERMEDIATION SERVICES

2020 January 22

18:37 BunkerTrace secures first commercial partnership with Marfin Management
18:07 MAN Cryo to supply icebreaking RoRos with fuel gas supply system
17:45 Throughput of Chinese sea and river ports in 2019 grew by 5.7% YoY to 13.95 billion tonnes
17:20 Ships of RF Navy’s Northern Fleet approached the Strait of Tunis
17:06 Boluda Towage Europe introduces 1st retrofit of conventional tug complying with IMO TIER III Standards in Zeebrugge
16:56 Russian-Japanese anti-piracy exercise successfully completed in the Arabian sea
16:05 European shipping industry urges the revival of Operation Sophia
15:38 Marubeni and Klaveness join forces to create the world’s leading dry bulk Panamax pool
15:23 IMO Secretary-General calls for renewed cooperation at Davos forum
14:57 Positive steps for Somalia’s maritime sector
13:40 Medium sized sea tanker Akademik Pashin entered service with the Baltic Fleet
12:52 Bunker prices are slightly down at the port of Saint-Petersburg, Russia (graph)
12:29 Nonius Engineering supports 7th International Forum of Dredging Companies as its Sponsor
11:44 NIBULON’s fleet transported a record number of cargoes by Ukrainian rivers in 2019
11:19 DNV GL’s Technology Outlook 2030: Digital acceleration and climate change
11:01 IMO Secretary-General assesses progress on sulphur limit implementation
10:58 NIBULON’s non-self-propelled B1500 Project vessel made its first cargo trip
10:36 Nibulon achieved record export results in 2019
10:13 Representatives of Russian and Japanese Navies held briefing on board Baltic Fleet’s guard ship
10:10 MABUX: Bunker market this morning, Jan 22
09:51 Ministers of the Government of the Russian Federation appointed
09:32 Brent Crude futures price is down 0.4% to $64.33, Light Sweet Crude – down 0.48% to $58.1
09:15 Baltic Dry Index is down to 689 points

2020 January 21

18:27 ABS and Hyundai Heavy Industries complete landmark smart functions JDP
18:07 Mystic orders four more Explorer Class Polar expedition vessels
17:43 Outer Port is among main topics of Polish-Japanese economic cooperation
17:19 Wärtsilä LNG Bunkering & Fuel Supply System Simulator launched to raise training levels
17:18 BCT ends 2019 with highest every cargo handling of 500 000 TEU
16:55 Letter of Intent signed between Port of Gdynia Authority S.A. and Pelixar S.A.