Saudi Aramco and the Emirates National Oil Company said they will attend the Greek shipping industry’s biggest event, Posidonia.

This year’s conference will take place in Athens between June 2-6.

Chevron Marine Products, Lukoil Marine Lubricants, Gulf Oil Marine, JX NIPPON Oil and Energy Europe, KPI Bridge Oil, ECO Lubricants, Baluco SA and Greek company Aegean Marine Petroleum have also said they’ll be there.

At the 2012 event, Greek shipowners committed more than $13 billion to newbuilding orders for 275 vessels of more than 24.5m dw and increasing the dwt total on order for Greeks by 364 per cent.

“As the Greek-owned, ocean-going fleet continues to ride the wave of a dramatic expansion spearheaded by a strategic diversification drive, designed to cement its leadership position globally, the world’s top shipbuilding nations are vying for a prominent position under the spotlight at this year’s Posidonia Exhibition,” said Theodore Vokos, Project Director, Posidonia Exhibitions S.A.

Greek investment dominated the global orderbook across most vessel categories in 2013 investing $4.5 billion on bulkers which topped the shopping list with 134 orders with a further $4 billion destined for niche LPG and LNG builders for a combined 51 Greek-ordered vessels.

“Once again the Greek shipowners will welcome the international shipping community to Posidonia for five days of business, debate and social gatherings,” organisers said.

The 2012 Posidonia attracted more than 1,870 exhibitors and 18,500 buyers from 92 countries.

“For over 40 years this largest gathering in the shipping calendar has provided unique access to Greek and international shipowners and buyers,” the organizers said.


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