The Liberian Registry has presented five of its Greek shipping partners with the Liberian Maritime Authority’s Commissioner’s Award for Excellence during celebrations in Athens to commemorate the 70th anniversary of Liberia’s maritime programme.

Coldharbour Marine, which specialises in ballast water treatment systems (BWTS) for large vessels, says it is in negotiations for severval potential customers in the Greek market.

The number of Greek shipowners controlling fleets of over 1m dwt, or “tonne millionaires” increased to 72 this year, up three from 2017, according to the 31st annual survey of the country’s biggest owners by Naftiliaki.

Ongoing tax issues and economic woes at home have failed to slow the growth of the Greek-controlled merchant fleet which hit an all time high last year in terms carry capacity.

With one of the constants of shipping being change, the success story that is Greek shipping is its ability to adapt to change. This message was delivered many times over in Athens last week, a week packed with events discussing and debating the latest developments in shipping.

Union of Greek Shipowners (UGS) president, Theodoros Veniamis has accused US president Donald Trump of launching a “trade war” and called on the European Union to better support shipping “at the political level”.

With more than three months to go till opening day of Posidonia on 4 June, the event is shaping up to be a true celebration of everything shipping stands for.

Led by Greek owners, the global fleet continued to grow in 2017, albeit at a slower rate than for most of the last decade.

Difficulties in obtaining finance for shipping projects continue, though they appear to have done little to slow the expansion of many leading Greek shipowners who continue to grow while reducing the age of their fleets.

The appetite for newbuildings is evident as we move into 2018, with Greek owners continuing to building on an impressive $4.7bn investment in projects in 2017.

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