Posi­do­nia on course for record event

Kathimerini English - - Focus -

With more than three-and-a-half months to go till open­ing day on June 4, lead­ing global ship­ping ex­hi­bi­tion Posi­do­nia 2018 is head­ing for a record num­ber of par­tic­i­pants, hav­ing al­ready leased out over 90 per­cent of its ex­hi­bi­tion slots.

Ship­ping’s bi­en­nial Athens fair is a mag­net for the global in­dus­try, with ship­yards, ship­ping com­pa­nies, me­chan­i­cal equip­ment pro­duc­ers and ship­ping hubs vy­ing to at­tract Greek in­ter­est. They will all be in Athens in the first week of June to ad­dress the world’s big­gest ship­ping com­mu­nity, as well as the many for­eign busi­ness­peo­ple who will be present.

Com­pared to the same month ahead of the pre­vi­ous edi­tion in June 2016, or­ga­niz­ers have al­ready taken 10 per­cent more book­ings, and es­ti­mate that over 1,850 firms will be present in a for­mal ca­pac­ity while many more will pay a visit to the ex­hi­bi­tion, as some 22,000 vis­i­tors are ex­pected this year.

“Posi­do­nia’s strength and ap­peal is drawn by the col­lec­tive qual­ity and rep­u­ta­tion of its ex­hibitors, del­e­gates and vis­i­tors, first-timers or re­peaters, who com­mit funds and re­sources ev­ery two years to be part of a sig­na­ture in­dus­try event that is a true cel­e­bra­tion of ev­ery­thing ship­ping stands for,” said Theodore Vokos, ex­ec­u­tive di­rec­tor of Posi­do­nia Ex­hi­bi­tions SA.

This year’s event will take place at the Metropoli­tan Expo Cen­ter, next to Athens In­ter­na­tional Air­port, on June 4-8.

A new fea­ture is the 4th En­ergy & Ship­ping Sem­i­nar, or­ga­nized by the In­sti­tute of En­ergy of South East Europe (IENE) on June 8. This will pro­vide an in-depth anal­y­sis of global oil and gas mar­kets and ex­am­ine the fac­tors that de­fine the cor­re­la­tion be­tween en­ergy car­goes and ship­ping.

The or­ga­nizer an­nounced that Saudi Aramco, Saudi Ara­bia’s state oil com­pany, and its part­ners have cho­sen Posi­do­nia 2018 for the global un­veil­ing of their In­ter­na­tional Mar­itime In­dus­tries (IMI) joint ven­ture. When the yard is fully op­er­a­tional in 2022, IMI will of­fer new build and main­te­nance, re­pair and over­haul of ves­sels, in­clud­ing very large crude car­ri­ers (VLCCs) and off­shore rigs.

Kri Kri yes­ter­day an­nounced its en­try into the Ir­ish mar­ket and its ex­pan­sion to an­other Bri­tish su­per­mar­ket chain, Mor­risons. It also re­vealed the con­ces­sion of a stake via place­ment and a 19 per­cent an­nual rise in sales in 2017, which took it to se­cond place in the lo­cal ice cream mar­ket.

A new fea­ture of the Posi­do­nia sched­ule is the 4th En­ergy & Ship­ping Sem­i­nar, by the In­sti­tute of En­ergy of South East Europe (IENE).

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