Greek Shipowners Lead Global Shipping Industry Recovery As Posidonia Sails To Record Heights In 2014

On the back of a positive sentiment for the future, 2013 saw Greek shipowners placing a record number of orders estimated at 25 percent of the global orderbook, with shipbuilders remaining upbeat as to future newbuilding investments funded by Greek interests.

Posidonia 2012

Last year Greek shipowners committed upwards of $13 billion to newbuilding orders for 275 vessels of more than 24.5m dw and increasing the dwt total on order for Greeks by 364 percent, according to Newsfront, Greek Shipping Intelligence.

The organizers of Posidonia have confirmed that this June exhibition will play host to the most extensive participation of shipyards, marine equipment manufacturers and exhibitors covering all aspects of the maritime industry.

“As the Greek-owned, ocean-going fleet continues to ride the wave of a dramatic expansion spearheaded by a strategic diversification drive, designed to cement its leadership position globally, the world’s top shipbuilding nations are vying for a prominent position under the spotlight at this year’s Posidonia Exhibition,” said Theodore Vokos, Project Director, Posidonia Exhibitions S.A.

In 2012, the stands of more than 1,870 exhibitors attracted over 18,500 buyers from 92 countries.

Posidonia 2012

According to Mr. Vokos, Posidonia 2014 is the opportunity for all players in world shipping to meet and review challenges, opportunities, trends and innovations with the owners of more than 4,000 vessels approaching 260m tons carrying capacity, and their executives.

This year’s edition will welcome three new national pavilions, from Hong Kong, making a comeback after a 10-year absence; Turkey, returning after 2006; and a total newcomer, Georgia, promoting its maritime services.

Posidonia 2014 will be held 2-6 June and is estimated to exceed 1,870 exhibitors from some 85 countries across 35,000 square meters at the Athens Metropolitan Expo.