The 28th edition of the biennial Posidonia Exhibition concluded today, reaffirming its status as the premier event for conducting business and shaping the policy agenda of the maritime industry. With the sector projected to reach a value of $4.2 trillion by 2031, growing at a CAGR of 7%, Posidonia remains a key platform for industry players.
The Union of Greek Shipowners (UGS) Press Conference, a highlight of the event, featured key industry figures discussing current challenges, maritime education, decarbonisation, and sustainability strategies. The exhibition saw a 4% increase in exhibiting companies and over 10% rise in visitors, with major deals being finalized, such as Atlas Maritime’s order for Suezmax vessels and ONEX Group’s agreement for tug production.
Notable collaborations and agreements were also announced at Posidonia 2024, including partnerships between South Korean companies for smart ship solutions, Capital Maritime’s order for LNG dual-fuel-capable VLCCs, and joint projects for the design of ammonia carriers. The event served as a hub for innovation, deal-making, and knowledge-sharing, driving the maritime industry forward.
More Stories
Collaboration to Enhance Turbocharger Technology Through Digital Solutions
Innovative Hydroponic System Approved for Enhanced Crew Welfare
Enhancing Safety with SEA.AI Technology for Collision Prevention