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14<br />

In June 2006, I went to Athens for a few<br />

days to escape from the everyday routine.<br />

The "Posidonia" exhibition was held in<br />

Athens during that time and I took this<br />

opportunity to spend some time visiting<br />

this international maritime event.<br />

Posidonia is the world's biggest shipping trade<br />

exhibition and the only gathering of the entire<br />

global shipping community with a strong<br />

presence of exhibitors and visitors from all the<br />

parts of the world. Posidonia with its<br />

continuous growth became the largest<br />

commercial event in the shipping calendar, with<br />

all the major enterprises in every region<br />

represented at the exhibition.<br />

The founder country, Greece, has organized this<br />

biennial event for the last 35 years proving to the<br />

world its long shipping history and its overall<br />

contribution to the international shipping<br />

industry. Greece, a country of just over 10 million<br />

people, has a fleet of about 5,000 vessels, totaling<br />

approximately 150,000,000 dwt which represents<br />

20% of the world shipping, worth about US$30<br />

billion. On the European stage, Greek controlled<br />

tonnage accounts for 60% of the EU owned fleet,<br />

which becomes very significant with over 90% of<br />

EU exports carried by sea.<br />

NORD NEWS Autumn 2006<br />

P O S I D O N I A 2 0 0 6<br />

Posidonia 2006, the 20th edition in its history,<br />

took place from the 5th until the 9th of June at<br />

the Hellenikon Exhibition Centre, which is the<br />

site of the former Athens Airport. This is the<br />

first year that the event was held at this place,<br />

however, this was the only way to accommodate<br />

all the companies that showed interest in<br />

participating at the exhibition.<br />

This biennial event is sponsored by the Greek<br />

shipping community and participation during<br />

this year reached a total of more than 1,600<br />

exhibitors from 78 different countries,<br />

including 25 national pavilions and about<br />

16,000 visitors from around the world. Nearly<br />

300 Greek and international journalists were<br />

registered for the event representing a full<br />

range of the world's shipping specialist<br />

media, as well as major global <strong>news</strong><br />

agencies including Reuters, Bloomberg,<br />

Dow Jones Newswires, etc.<br />

The span of products and services on this year's<br />

exhibition covered every aspect of the shipping<br />

industry, with shipyards being the strongest<br />

participants among the others. Asian shipping<br />

giants that exhibited this year included South<br />

Korea's top seven builders i.e. Hyundai,<br />

Samsung, Daewoo and Hanjin. South Korea's<br />

traditional shipbuilding competitors, Japan and<br />

the relative newcomer China also increased their<br />

participation during Posidonia 2006. China's<br />

increased interest was mainly due to the fact that<br />

there is an increase in the number of Greek<br />

newbuilding orders which have reached a total of<br />

more than 100 vessels in Chinese shipyards, as<br />

well as to the anticipated opening of this vast<br />

country's shipping and shipbuilding industry to<br />

foreign direct investment.<br />

Besides the shipbuilders, classification societies<br />

from Britain, Germany, the U.S., France and

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