Shipping & Aegean Minister Discusses "Posidonia 2014"

The Minister stated, "Posidonia expo coincides with positive news for the country," noting that "it has returned to the international markets, public finances are going well and we have a surplus, while tourist arrivals are expected to increase".

Varvitsiotis discussed Greek-flagged vessels as, "...our flag in shipping is a flag of quality and not of opportunity. We have managed to drastically reduce the average age of the Greek ships and through the ministry's institutional reorganisation, we now provide serious, quick, reliable and globally recognisable services to ships under the Greek flag".

The Shipping & Aegean Minister discussed Friday's meeting with the Korean Ministry of Trade, Industry & Energy, that will discuss a method of Greek exportation to Korean dockyards. The aim is to export Hellenic ship constructing equipment and materials to Korea. Next week, a meeting involving Hellenic manufacturers and Korean shipyard delegates, will occur at the Greek Shipping Ministry.

"Posidonia 2014" will run from June 2nd to 6th, at the Metropolitan Expo, held at the Athens International Airport. An expected 19,000 participants, over 1,800 exhibitions and 93 nations and regions, will engage in one of the world's largest shipping expos. Posidonia Exhibitions S.A. Executive Director Theodore Vokos stated that the expo is a huge asset to the Greek economy, as it generates over 50 million euros.