• 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.




2019 August 22

18:04 Australian Maritime College and KONGSBERG eye potential for VR training with renewed support program
17:39 Nordic Engineering sponsors roundtable meeting “Import Substitution in Russian Shipbuilding: Ambition and Reality”
17:04 DOF Subsea issues Financial Report for 2nd quarter of 2019
16:47 Karelia proposed construction of deep-water freight and passenger port Kem’
16:25 Bunker prices go down at the Far East ports of Russia (graph)
16:04 Navios Acquisition reports results for H1 2019
15:53 PJSC TransContainer reports its Financial Results under IFRS for 6M'2019
15:12 ReCAAP ISC has released Guidance on Abduction of Crew in the Sulu-Celebes Seas and Waters off Eastern Sabah
15:04 Essar Ports expects to meet 60 MT target for FY20
14:31 Höegh LNG announces interim results for the quarter and half year ended 30 June 2019
14:14 Peel Ports takes important step towards being Brexit ready
13:56 Yamal LNG shipped twenty million tons
13:35 Arctic block of Far East Investment and Export Agency headed by Dmitry Fishkin
13:13 Sea Machines successfully deploys industry’s first autonomous spill-response vessel
12:28 Fire onboard MV Pyotr Tchaikovsky kills one in Saint-Petersburg
12:13 Frontera Offshore and DOF Subsea join forces for the Subsea Construction and IMR Mexican market
11:31 Kalmar to enhance STS crane capabilities at EUROGATE Tanger
11:21 HELCOM publishes report on noise sensitivity of animals in the Baltic Sea
10:59 HELCOM gets a new Executive Secretary
10:35 Caterpillar Eurasia and Admiral Makarov University agreed on establishing a brand new up-to-date training center
10:10 Steps towards new treaty to protect marine biodiversity
09:38 Brent Crude futures price is down 0.41% to $60.04, Light Sweet Crude – down 0.38% to $55.47
09:20 Hapag-Lloyd announces changes of North Europe Mediterranean Express Service
09:13 Baltic Dry Index is up to 2,061 points
08:44 MABUX: Bunker market this morning, Aug 22

2019 August 21

18:06 BBC Chartering appoints Ulrich Ulrichs as CEO
17:57 BPO joined World Ports Sustainability Program
17:36 Napier Port’s shares commence trading on the NZX
17:06 ZIM announces Q2 2019 results
16:41 Waterfront Shipping and Marinvest welcome second-generation low emission methanol-fuelled vessels
16:35 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
16:32 Grady-White Boats honors MaineMax Pensacola as the worldwide sales leader
16:05 Hapag-Lloyd launches new South East Asia to Australia Services // SEA and S2A to start in October
15:42 Ferry in Estonia upgraded to battery-hybrid by Norwegian Electric System
15:21 Organisations release Joint Industry Guidance on the supply and use of 0.50%-sulphur marine fuel
14:55 Multipurpose small-draft salvage ship of MPSV12 project left for sea trials
14:30 BC Ferries releases first quarter results
14:04 DOF awarded two AHTS contracts to support drilling operations in New Zealand
13:27 Vladivostok offers second venue of “Import Substitution in Russian Shipbuilding: Ambition and Reality” roundtable
13:03 Workshop in Malaysia to help bring into operation the Regional Oil Spill Contingency Plan in South East Asia
12:46 Rosneft BOD recommended 1H’19 dividends at RUB 15.34 per share
12:25 Registration is underway for “Development of Icebreaking and Support Fleet” conference to be held as part of Neva-2019 exhibition
12:03 Ocean Yield extends option with Aker Energy for long-term charter of the FPSO Dhirubhai-1
11:41 Rosneft reports 9-pct increase of its 1H 2019 net income to RUB 325 bln
11:24 Vasily Boitsov appointed as USC Vice-President for Technological Development
11:02 Jan De Nul completes installation of all twenty foundations on the 120MW Formosa 1 Phase 2 wind farm in Taiwan
10:45 RF Ministry of Industry and Trade to prevent outflow of shipbuilding contracts from Russian shipyards
10:17 Scotline orders newbuild vessel from Royal Bodewes
10:16 Brazil readies its biofouling task force
09:51 Clean Arctic Alliance calls on Nordic Prime Ministers to support a ban on heavy fuel oil
09:47 Bunker market sees mixed price movements at the port of Saint-Petersburg, Russia (graph)
09:28 Brent Crude futures price is up 0.48% to $60.32, Light Sweet Crude – up 0.36% to $56.33
09:13 Baltic Dry Index is down to 2,059 points
09:00 MABUX: Bunker Market this morning August, 21

2019 August 20

18:40 ATON repair and maintenance shop to be built at navigation support post in Taganrog Bay
18:06 CMA CGM announces FAK rates from Asia to North Europe
17:29 Wallem-managed bulk carrier rescues Indonesian fishermen lost at sea for 10 days
17:06 MAN Energy Solutions and Samsung Heavy Industries sign a strategic cooperation agreement for the digitization of marine engines
16:35 CMA CGM announces GRR from Asia to East and South Africa
16:34 IAA PortNews offers its video on Russian bunkering market being prepared for 2020 sulphur cap