Business World

Best of internatio­nal maritime industry to gather in convention

- Www.apmaritime.com.

FROM March 14 to 16, Asia-Pacific Maritime (APM) will gather key industry players and thought leaders within the global maritime industry for three days of knowledge exchange, networking and businessbu­ilding. The 15th edition will also welcome 18 official pavilions, including Greece and Spain which will be present for the first time. Throughout the three days, the biennial event expects to host more than 1,500 exhibiting companies, represente­d at over 630 booths from 60 countries, and over 15,000 trade visitors from around Asia.

The anticipate­d strong attendance at APM 2018 comes at a time when industry pundits have expressed optimism in an upturn, given signs of recovery in shipping — estimates indicate that the global container throughput was on track for a growth exceeding 6% in 2017, while dry bulk shipping rates bounced back too. At the same time, new build ordering increased by 50% in 2017, compared to 2016.

Yeow Hui Leng, group project director, APM, said: “2018 marks a year when maritime players are beginning to express confidence in an uptick in industry performanc­e, after a period of down cycle. As one of Asia’s leading maritime, workboat and offshore exhibition and conference, we hope that discussion­s, knowledge exchange and partnershi­ps sealed at APM will help businesses navigate new frontiers and uncover new opportunit­ies as maritime industry shapes up for the upward cycle.”

As a testament to its global standing, APM 2018 will bring together 18 official pavilions from Austria, Australia, China, Denmark, Finland, France, German, Greece, Indonesia, Japan, Malaysia, Norway, Singapore, South Korea, Spain, Taiwan Shipbuildi­ng Industry Associatio­n (TSIA), The Netherland­s and United Kingdom.

Amongst these, the National Spanish Agency, ICEX Spain Trade and Investment­s, is organizing a Spanish pavilion at APM for the first time, comprising 15 companies from the European region.

Commenting on the strong reputation of Spain’s shipbuildi­ng industry, Alejandro García, Industrial Equipment Sector manager of ICEX Spain Trade and Investment­s, shared, “The Spanish private shipbuildi­ng sector has internatio­nal prestige for its quality constructi­on tradition, with high standards in technologi­cally sophistica­ted vessels such as those that support offshore oil platforms, oceanograp­hic vessels, factory ships, etc. Spanish shipyards are a world reference in shipbuildi­ng and remain at the forefront of technologi­cal progress. In the last seven years, the sector has invested more than €428 million in innovation, which has given it a competitiv­eness that allows it to meet the most demanding challenges.”

Aside from new pavilions, APM 2018 will also feature an even larger South Korea representa­tion with 53 companies, more than double the number in 2016.

Registrati­on to APM 2018 is now open. Asia Pacific Maritime 2018 will be held at the Singapore Marina Bay Sands Expo and Convention Centre. For more informatio­n, visit

 ??  ??

Newspapers in English

Newspapers from Philippines