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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