POSIDONIA '86 INTERNATIONAL SHIPPING EXHIBITION

Piraeus, Greece—June 2-7 This year's Posidonia International Shipping Exhibition will take place June 2-7 in Piraeus, Greece.

The site of the exhibition, the large and distinctively designed St. Nicholas Terminal, originally built as a facility for cruise passengers but best known since 1976 as the home of the biennial Posidonia, has been extensively refurbished and renamed the Exhibition Centre of Piraeus.

The exhibition area has been enlarged, restaurant facilities improved, and air conditioning installed in the central area. Posidonia 86 will be the first major event to be held in the refurbished center.

Greek shipowners are still effectively in control of the same huge volume of merchant tonnage—more than 50 million grt—as was the case eight years ago. The age profile of the Greek fleet has improved greatly, with more than 200 older bulls dispatched to breakers' yards in 1984, and the first 40 vessels of a 100-ship newbuilding program being added to the fleet strength.

Greek acquisitions on the secondhand market, mainly of quality, modern tonnage, averaged 30 vessels a month.

Greek shipping remains an important and dynamic marine market for the shipyards, ship finance, ships' equipment, and ship service industries worldwide.

This year the Posidonia Forum will take on a new dimension, with the site of the discussions within the exhibition building itself. This will allow the traditional Forum debates to be expanded to permit greater depth of discussion of current maritime affairs, and further contributions from top-level speakers.

The Forum room will be available at other times during the week for hire exclusively to exhibitors as a site for product presentations, press conferences, and client receptions.

Following the last Posidonia in June 1984, many exhibitors made immediate reservations for the 1986 exhibition. These exhibitors, representing all facets of the maritime and related services industries, came from 47 countries to take advantage of the unique Posidonia atmosphere, establishing and nurturing long-standing, high-level business contacts, finalizing negotiations, and arranging new contracts.

The stimulating atmosphere of Posidonia is enhanced by the many social events that are arranged by both the exhibitors and the sponsors, varying from formal receptions at tbe most exclusive Athens hotels to small tavern parties.

Maritime Reporter Magazine, page 38,  May 1986

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