The parliamentary debate at Sea Asia roused the passions of speakers who really got into the playing the part of a political debate with the motion of - “This house believes that too much is expected of the shipping industry on environmental matters”.
The Greek shipowner’s ability to address the ebbs and flows which characterise the shipping industry has served them well in the past and they need to re-commit in order to continue the growth of Greek shipping, says analyst Petrofin Research.
The Cyprus Shipping Chamber (CSC) described 1 March as "an historic day" as it marked the first anniversary since the island’s stand-alone Deputy Ministry for Shipping was established.
Wallenius Wilhelmsen has become the latest shipowner to join the scrubber advocacy group Clean Shipping Alliance 2020 (CSA 2020), increasing the organisation’s membership to 35 shipowners operating a combined fleet of almost 2,500 vessels.
The important place of the shipping industry and its participants in Greece’s overall economic picture as the country struggles to climb out of financial crisis was again evident when financial powerhouse PricewaterhouseCoopers (PwC) recently presented a study on mergers and acquisitions in Greece in 2018.
The growing appeal of Cyprus as a shipping hub is apparent when one looks at the numbers.
At a time when Europe is “experiencing turbulence such as Brexit”, Greece, with oceangoing shipping and its management as the cornerstone of a development plan can become "a pole of attraction for many shipping businesses and maritime activities”, says Union of Greek Shipowners (UGS) president, Theodore Veniamis.
Classification societies have been called on to take a bigger role in the formulating of legislation, rather than just enforcing compliance with the regulations when they come into force.
Kierstin M Lachtman is to take over as General Secretary of the Liberian Shipowners’ Council Ltd (LSC) in February 2019 from Joseph E Ludwiczak, who is retiring after 17 years at the helm, the LSC said in a statement.