Κατηγορία: SHIPPING

  • Legendary Onassis Yacht Docks at Greece’s Piraeus Port (video)

    Legendary Onassis Yacht Docks at Greece’s Piraeus Port (video)

    The legendary 99-meter yacht Christina O that belonged to Greek shipping tycoon Aristotle Onassis has docked at Piraeus Port as a stop on a Mediterranean cruise.

    The yacht owes its fame to the great personalities and historic figures who sailed on the ship as guests of the Greek shipping magnate.

    Winston Churchill, King Faruk of Egypt, Marilyn Monroe, Elizabeth Taylor and Richard Burton, John F. Kennedy, Frank Sinatra, Prince Rainier and Grace Kelly are some of the people who enjoyed the luxurious hospitality of Christina O.

    The old Canadian war frigate was converted into a yacht by the Greek shipowner in 1954 at a cost of $4 million at the time; Onassis had initially bought it for a few hundred thousand dollars.

    It was originally called Christina, after the shipping tycoon’s daughter. When Onassis died in 1975, he left the yacht to his daughter. Christina Onassis donated it to the Greek state to be used as a presidential yacht. It was renamed Argo by the Greek government at the time, but it was soon abandoned and left to rust.

    In 1998, Greek shipowner John Paul Papanicolaou, a friend of the Onassis family, bought it and renamed it, adding the O to the original name of the ship. Papanicolaou refurbished the boat from 1999 to 2001, spending over $50 million, according to reports at the time. From 2005 and on, Christina O was available for charter, for about €450,000 per week.

    When Papanicolaou passed away in 2010, his heirs sold the legendary craft. Today’s ownership status remains largely mysterious, although on the international Equasis data base it is reported that as of Dec. 8, 2017, it is managed by Ikarus Shipmanagement Inc., which has offices in Greece, and owned by Christina Ltd. Partnership, which is based in the Cook Islands, New Zealand.

  • Posidonia rendez-vous for 2020

    Posidonia rendez-vous for 2020

    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.

    POSIDONIA IS THE REAL DEAL

    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 great 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.

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    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 announce 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).

    POSIDONIA2016 BWT

    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 50 year 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.

    And as the gates of the Athens Metropolitan Expo closed to bid farewell to the 2,009 exhibiting companies and some 23,500 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.

    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.

  • Posidonia 2018: Thumbs up for a visionary show

    Posidonia 2018: Thumbs up for a visionary show

    Posidonia 2018 will be remembered as the year that the world’s most prestigious shipping event tackled the accelerating pace of technological change head on. Disruptive technologies, digitalisation, AI, IoT, cyber security, blockchain,  autonomous ships, surveys and ship deliveries by drone… all these subjects and more were discussed by conference panels and on the floor of the Athens Metropolitan Expo, which hosted a total of 2,010 exhibitors from 92 countries over the week June 4-8. 

    This was also the year when new and established maritime hubs showcased their diverse offering, all vying for a slice of the global shipping industry’s diverse revenue streams. 

    As detailed in yesterday’s issue of Posidonia Today, making its debut at the show on stand no. 3.507 has been Saudi Arabia’s new $5.2 billion mega-yard International Maritime Industries (IMI), which plans to take advantage of its strategic location midway between Europe and Asia to undertake both newbuildings and repair work. 

    Dubai Maritime City Authority (DMCA) has been exhibiting on stand no. 4.205 its new ‘virtual cluster’ which makes information on the Dubai’s Maritime Sector available 24/7. The innovative concept is aimed at providing smart and interactive platforms for knowledge sharing and research, thereby boosting further growth of the shipping sector in newly elected IMO Council member the UAE. 

    Meanwhile, more mature Far Eastern maritime hubs like Singapore and Hong Kong are already seeing significant increase in demand for their services and office space, mainly from European shipping companies looking to tap into the burgeoning Asian economies of S.E. Asia and China. 

    Companies from across Western Europe, the Mediterranean and elsewhere are now setting up in Hong Kong asthe main gateway port to China, according to Paula Kant of Posidonia exhibitor InvestHK (stand 1.401), a Government of Hong Kong entity.

  • “Posidonia 2018” Exhibition: Qatar Airways Joins as Official Airline Partner

    “Posidonia 2018” Exhibition: Qatar Airways Joins as Official Airline Partner

    As the official airline partner of the international shipping exhibition, Posidonia 2018, Qatar Airways is participating in the biennial event, which is taking place until June 8, at the Metropolitan Expo in Athens.

    The airline is welcoming Posidonia visitors at stand 3,450 in Hall 3, aiming to guide them through an exceptional journey of sounds, tastes and images.

    “We are delighted to participate once again in the world’s premier shipping event, allowing us to highlight the expansion plans of the airline and its network, and reinforce our commitment to the shipping industry,” said Theresa Cissell, Qatar Airways Country Manager for Greece & Cyprus.

    Qatar Airway’s cabin crew is hosting a Demo of the carrier’s new “First in Business” Qsuite Business Class Seat, also offering the opportunity to experience the signature Qatari hospitality and enjoy the award-winning Business Class comfort.

    “This prestigious event provides a unique opportunity to share and exchange our insights with high quality corporate and key industry associates and showcase Qatar Airways’ hospitality,” she added.

    Qatar Airways hosted a cocktail party in the afternoon of June 6, offering guests the chance to taste the Business Class menu which is served aboard QR aircrafts.

    With its ever-expanding fleet of state-of-the-art aircraft and a sprawling network which currently covers over 150 key business and leisure destinations around the world, Qatar Airways has been a popular choice with travelers from the international maritime community during the last two decades of its operations

    “Qatar Airways connects us to the main shipping hubs of the world, providing the best possible connections to both [Posidonia] exhibitors and visitors for their journey to Greece,” Posidonia Exhibitions Executive Director Theodore Vokos said.

    As the official airline partner of Posidonia 2018, Qatar Airways is providing the exhibition’s visitors who wish to book their tickets with the airline, with a promo code for up to 25 percent discounted fares for all destinations in its network.

  • Posidonia 2018 Welcomes the World

    Posidonia 2018 Welcomes the World

    Greek Prime Minister Mr Alexis Tsipras presided this evening over the official opening ceremony of Posidonia 2018, the world’s most prestigious biennial shipping event and one of the longest standing international maritime trade shows, which this year celebrates 50 years since its inception in the late 60’s.

    Addressing an international audience comprising heads of states, European Union officials, Greek cabinet members, foreign maritime ministers, board members of the Union of Greek Shipowners, chairmen of international organisations as well as 1.500 VIP guests, the Greek Prime Minister said: “Greek shipping owns the largest international commercial fleet operating 20% of the global and 50% of the European capacity. This economic activity is responsible for a significant portion of the gross domestic product of Greece. It is worth noting, that the 2017 receipts from Greek shipping activity exceeded the Euro 9 billion mark, showing an increase of 20% compared to 2016.

    “The Greek government is investing in infrastructure upgrades required by our shipping industry, while promoting initiatives which support the sector’s expansion in Greece as well as abroad. Our policy regarding the Greek ports, through selected partners who invest in their strategic growth – such is the case with Piraeus’ establishment as an international maritime hub, with the required structure and infrastructure – can further contribute to the country’s economic development and its position on the world map.”

    The ceremony signalled the start of the global biennial maritime calendar’s most anticipated weeks which this year will see a record of 2,010 exhibitors from 92 countries welcoming some 22,000 maritime executives from nearly every country of the world. Amongst them thousands of delegates who arrive to Athens to attend the 40 plus programme of thought-provoking conferences, seminars and workshops, scheduled to take place at the Athens Metropolitan Expo Posidonia venue over the next four days.

    The Secretary General of the International Maritime Organisation, Mr Kitack Lim, said: “We must ensure that the opportunities presented by modern ‘mega trends’ like digitalization, artificial intelligence and the so-called ‘fourth industrial revolution’ are carefully integrated into shipping, balancing the benefits against safety and security concerns, the impact on the environment, on international trade, and on the human element. Greece is one of the most influential IMO Member States. It has been continuously contributing to all aspects of the work of IMO, in its policy and technical issues. I would like to take the opportunity today to express my deep appreciation to the government of Greece and its shipping industry for its devoted participation and support.”

    Commissioner for Transport, Mrs. Violeta Bulc, mentioned in her speech: “We have a responsibility to make sure that our shipping sector remains safe, sustainable, competitive that offers many good jobs both on-board and onshore. The EU is your partner all the way through and I hope we will continue working together on this path. I am certain that Greece’s long maritime tradition and richness of expertise will be an invaluable asset in our joint efforts to navigate the European maritime sector towards more prosperous routes.”

    Mr Theodore Veniamis, President of the Union of Greek Shipowners, added: “Once again, Posidonia highlights the indispensable role and the multidimensional importance of shipping for the welfare of all nations. It also underlines the undeniable fact that our industry is the foundation for the development and growth of the wider maritime cluster.

    “It is important that this is recognised by societies and lawmakers alike, as shipping is often held disproportionately responsible for meeting environmental standards compared to other industries. This stance is mainly due to a general awareness and understanding of its characteristics and the services it offers to citizens all over the world.

    “I feel obliged, representing institutionally the world’s first shipping industry, to bring to your attention the fact that shipowners are only called upon to respond, with a high degree of professionalism, to the demand for maritime transport of the global trade, which is constantly growing due to the needs of modern societies. However, as shipowners, we have no say in the manufacturing of the ships’ engines, nor are we responsible for the quality of the fuels that we have to use. It is obvious that, while the links in the chain of responsibility are many, it has so far proved to be more expedient, at a political level, to solely focus on shipowners, a choice that is misguided and practically ineffective in the end.”

    He added also: “However, the European Union’s world leadership in shipping should not be taken for granted. Without a competitive business environment, shipping as an international economic activity can neither survive nor can it progress. This is a fundamental principle that should not be overshadowed by policies of a horizontal application.

    Like any maritime state, the European Union is called upon to ensure that its shipping industry remains competitive and therefore sustainable. This can be achieved through strategic planning with measures that support the sector’s international characteristics, thus allowing for the broad benefits of this entrepreneurial and productive pillar of the EU’s economy to be harnessed.”

    In his conclusion, he stated: “In the presence of our foreign guests, I would also like to express my strong belief that the recognition of Greek shipping as a national asset, beyond political parties, with significant economic and strategic benefits for our country, is a true sign of political maturity and responsibility on behalf of our nation and the Greek State. It is also a testament to the sincere desire of Greek shipowners to maintain their close ties with their homeland and to help revitalize the seamanship of our nation.”

    On behalf of the organisers, Theodore Vokos, Executive Director, Posidonia Exhibitions S.A., said: “This is the biggest Posidonia in the event’s 50 year-long history as over 2,000 exhibitors from 92 countries will participate. Posidonia’s continued growth reflects Greek Shipping’s global leadership position and its constant strive for excellence, by investing in highly qualified personnel, new technology and environmental friendly state of the art solutions for their fleet. The constant fleet renewal and diversification pursued by the Greek shipping industry serves as a confirmation that the Greek shipping community will continue operating the largest fleet for many years to come. Posidonia is now established as a unique policy forum where the leaders of the international maritime community can meet and debate the important issues that face the maritime industry”.

    Posidonia 2018 will be held from June 4 – 8 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.

  • Posidonia 2018 to Open its Doors, Set the Course for Global Shipping

    Posidonia 2018 to Open its Doors, Set the Course for Global Shipping

    Greece is right to be proud of the Posidonia shipping exhibition as it presents another reminder of the country’s leading position in this most international of international industries as well as underlines shipping’s achievements overall.

    Featuring a record 1,920 exhibitors from 92 countries, Posidonia 2018 covers 16% more space than its last edition two years ago. Further, the landmark event of global shipping will this year be covering an ever greater spectrum of related products, services and activities.

    “The list of exhibitors has been expanded more than ever before, both in numbers and in scope,” Theodore Vokos, the executive director of Posidonia Exhibitions, told a May 31 press conference. 

    The June 4 – 8 exhibition at the Athens Metropolitan Expo venue includes 22 national pavilions to showcase each nation’s collective shipping offering to a captive audience of sellers, buyers of maritime products and services and policy makers.

    Brazil and Poland will be debuting their pavilions next to the more established and traditional national presence of China, Japan, South Korea and western European countries such as the United Kingdom, Denmark and The Netherlands.

    Furthermore, Azerbaijan Caspian Shipping, the national shipping company of Azerbaijan; Bahri, the national shipping company of Saudi Arabia; and International Maritime Industries, the new shipyard project by Saudi Aramco, have chosen Posidonia as the global forum to present their new corporate identities.

    And even the Cruise Lines International Association (CLIA) has selected the event as the first non-cruise event to participate in.

    In attendance will be IMO secretarygeneral Kitack Lim, European Transport Commissioner Violeta Bulc and eight national shipping ministers.

    For more information about Posidonia 2018 visit the official site.

  • Port Economics: Portgraphic for top-20 EU container ports – Piraeus among top performers

    Port Economics: Portgraphic for top-20 EU container ports – Piraeus among top performers

    The PortGraphic shows the container throughput growth for Q1 2018 in the top 20 EU container ports. Not all ports have published figures for Q1 2018 yet.

    Most ports show healthy growth with many ports reaching double-digit growth. Top performers include Gdansk (+47%!), Piraeus, Barcelona & Zeebrugge. Valencia, Algeciras & Piraeus are contending for the number one spot in the (European) Med.

    Europe’s largest container ports, Rotterdam and Antwerp, remain on the strong growth paths of the past few years, while Hamburg and Bremerhaven continue to lose ground. Wilhelmshaven (opened in 2012) is the only German port recording a healthy growth: +99.7% in Q1 2018 with 554,000 TEU handled in 2017.

    Top20 European container port q12018 Notteboom 770x720

     

    Volumes in Italian gateway ports Genoa and La Spezia are up, while transhipment hub Gioia Tauro faced another traffic decline after a throughput drop of 12.46% in 2017.

    The growth differences among individual ports are caused by differences in the economic situation of the hinterland regions served, the dynamics in the routing decisions of the large shipping alliances and the volatility in the sea-sea transhipment market.

  • 28 & 29 June, Chios, Greece: The Jean Monnet symposium on the future of the european port policy

    28 & 29 June, Chios, Greece: The Jean Monnet symposium on the future of the european port policy

    The Jean Monnet Action “European Ports Policy” of the Department of Shipping, Trade and Transport, University of the Aegean, in collaboration with PortEconomics, organises the Jean Monnet Symposium on “The future of the European Port Policy”, an international 2-day meeting of decision-makers, stakeholders and the academia, aiming to generate knowledge and advance the dialogue on the prospects of the European ports and port related initiatives. The symposium will take place in Chios, Greece, an island of strong maritime tradition, 28-29 June 2018.

    With European ports being engines of growth, EU institutions and stakeholders continue to discuss a number of initiatives aiming to increase the competitiveness of the port sector. The adoption of the Port Services Regulation marked the conclusion of a lengthy discussion on the organization of port services provision and the progressive expansion of the related policy agenda.

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    The European agenda today includes issues such as the implementation of the Port Services Regulation; the implementation of the General Block Exemption Regulation; the utilization of ports as hubs for blue growth; enhancing the market potential of ports and inland waterways; developing financial opportunities for the ports sector; and sharing good practices from the sector. The ongoing social dialogue might also have implication of working and employment conditions in European ports. A number of additional issues, such as addressing environmental challenges, security, and safety, are also under discussion. The European shipping policy, as well as a number of initiatives aiming to develop European transport systems are closely related to port development, while the ways to enhance and, not least, monitor European ports performance is extensively discussed both by academia and industry experts.

    The first day of the Symposium will bring together decision-makers, stakeholders and invited experts, who are expected to discuss the key themes, the prospects and the role of European level initiatives in reinforcing the competitiveness of European ports.

    The second day of the Jean Monnet Symposium aims to stimulate intellectual discussion between scholars studying aspects related to ports policy, allowing interactions between theory and practice.

    The PortEconomics team scientifically coordinates the Symposium, while the Jean Monnet Round-Tables are organised by the Jean Monnet action “European Port Policy (Project 564848-EPP-1-2015).

  • IBM and Maersk to release two blockchain applications for shipping industry this year

    IBM and Maersk to release two blockchain applications for shipping industry this year

    IBM and Maersk are planning to release two blockchain applications this year for the shipping industry.

    The two companies began collaboration in June 2016 to build new blockchain- and cloud-based technologies. In March 2017, they partnered to utilize the blockchain technology for cross-border supply chain management.

    Speaking at a seminar held by the American Chamber of Commerce in Seoul last week, Tim Smith, Asia-Pacific head of A.P. Moller-Maersk affiliate APM Terminals, said that the companies are planning to roll out two applications that enhance visibility and efficiency in the shipping trade this year.

    Providing further details, Smith said that of the two blockchain applications – one is focused on improving the visibility of a good’s end-to-end supply chain, from warehouse to the end customer, and the other will help facilitate paperless trade.

    Earlier this year, IBM and Maersk announced a joint venture to tap blockchain potential for digitizing global trade. In February 2018, logistics provider Agility joined the blockchain initiative.

    Last month, Holt Logistics Corporation announced that it has conducted a pilot based on a blockchain-based global trade digitization solution developed by Maersk and IBM.

    In May 2017, Samsung SDS, along with the South Korean government and state-run research centers and logistic companies, launched a consortium to bring blockchain technology to the country’s shipping industry. Later in September, it announced the interim results of a pilot project which used blockchain technology for a shipment from Korea to China made by Hyundai Merchant Marine.

  • Greek shipping controls 20 percent of global fleet in deadweight tons

    Greek shipping controls 20 percent of global fleet in deadweight tons

    Greek shipping remains a global leader in 2018, controlling 20 percent of the global fleet in deadweight tons (dwt), according to the annual report 2017-2018 of the Union of Greek Ship owners.

    “The beginning of 2018 finds our shipping industry maintaining the highest position internationally, controlling about 20 percent of the global fleet in dwt tonnage (including a 30 percent share of tankers and 22 percent of bulk carriers) and representing almost 50 percent of the European Union fleet capacity in dwt terms,” Theodore E. Veniamis, president of the Union of Greek Ship owners noted.

    According to the union’s latest figures, the fleet amounts to 4,746 vessels (ships over 1,000 gt) of 365.45 million deadweight tons, marking an increase of approximately 6.6 percent from 2016.

    The age profile of the Greek-flagged fleet in 2017 was 13.7 years and that of the Greek owned fleet 11.5 years, whilst the average age of the world fleet was 14.6 years, according to the report.

    The shipping industry, a traditional strong pillar of the Greek economy, continues to make a significant contribution to the national economy as the country is set to exit the bailout programs this summer after an acute eight-year debt crisis.

    Greek shipping generated 9.14 billion euros (10.7 billion U.S. dollars) in foreign exchange inflows last year, according to the report, up 16.91 percent from 2016.