• Home
  • News
  • Current signs of recovery in East Med cruising mark the beginning of a new era for this unique region
  • 2019 February 4 12:48

    Current signs of recovery in East Med cruising mark the beginning of a new era for this unique region

    The biennial Posidonia Sea Tourism Forum returns this May to Athens for its fifth consecutive edition at a new venue and celebrates the industry’s renewed optimism for East Med cruising. Following a sharp three-year slump due to geopolitical tensions, some of the region’s key destinations, homeports and host countries are experiencing the first promising signs of recovery.

    The region’s earlier than expected rebound was helped by Greece’s consistent performance as a destination of global appeal, keeping cruising in the area alive until Turkey started to be reinstated as a viable cruise destination. Equally important is a gradual re-inclusion of Israel and Egypt in niche itineraries that seek to reopen highly commercial cruise routes that deliver a fuller experience of the East Med’s unique diversity.

    With a global fleet expansion that will augment total berth capacity by 7.5%, 2019 is seen as the year that will bring new strategic developments that will also help re-establish the East Med as a major cruise development theatre. “We have a record year for newbuilding deliveries, as the 24 cruise vessels that come on line in 2019 constitute the largest number ever in a single year. Collectively this will add a total of 42,488 new berths to the global capacity that need to be filled gainfully,” said Theodore Vokos, Managing Director of Posidonia Exhibitions S.A, organisers of the Posidonia Sea Tourism Forum. The event will be held from May 28-29 at Domotel Kastri Conference Center, in Athens’ historic northern suburb.

    CLIA Europe has already confirmed its active participation at the Posidonia Sea Tourism Forum and is expected to participate with a high-level delegation. This can be seen as a firm statement on East Med’s commercial potential and its future role in the sustainability of cruising in the Mediterranean as a whole.

    According to Tom Boardley, CLIA Europe Secretary General: “CLIA has increased its presence in Greece and the Eastern Mediterranean region and we hope to build on this with closer and stronger ties with local stakeholders to highlight the importance of the region. This year’s Posidonia Sea Tourism Forum will offer us a unique experience to work with policymakers, regulators, other industry stakeholders and local communities’ representatives towards the achievement of this goal. As the global cruise industry continues to grow and expand into new destinations, Europe and the Eastern Mediterranean region will remain a popular and vibrant hub for cruising.”

    The 5th Posidonia Sea Tourism Forum will also address the bigger picture of the cruise industry, as this is likely to evolve given the current global developments. As a direct result of dramatic capacity increases, we will see new trends in deployment strategy and market development, along with fleet reshufflings and a spree in older generation vessel sales and renovations. The Forum will tackle these issues as key factors affecting the cruise industry’s global development and examine the economic opportunities they create for a wide range of sectors. Also to be discussed are technical innovation trends, environmental and alternative fuel challenges, pressing infrastructure development needs and much more.

    Ultimately, the 5th Posidonia Sea Tourism Forum aims to present a multifaceted view of contemporary cruise development and the importance of finding new ways and synergies to improve the commercial and economic relationship between cruise industry, stakeholders and destinations.  

    “The conditions are right and the Posidonia Sea Tourism Forum is ready to once again set the tone and empower the discussion for the future of the cruise industry in the East Med during an action-packed, two-day event. It will be attended by the sector’s most prestigious and powerful cruise brands and decision-makers from around the world,” said Vokos.

    The 5th Posidonia Sea Tourism Forum is organised under the auspices of the Ministry of Tourism and the Ministry of Maritime Affairs & Insular Policy and is supported by the Hellenic Chamber of Shipping, the Association of Mediterranean Cruise Ports (MEDCRUISE), the Hellenic Professional Yacht Owners Association, the Greek Marinas Association, the Association of Passenger Shipping Companies, the Union of Cruise Ship Owners & Associated Members, the Federation of Hellenic Associations of Tourist and Travel Agencies (fedHATTA). Silver sponsors are the Piraeus Port Authority and HEMEXPO and Bronze Sponsors are Air France - KLM - Delta, Aktina Travel Group, Global Ports Holding and Celestyal Cruises.


2022 January 22

14:06 Crowley names Marcus Jadotte as Senior VP, Government Relations
13:29 Kongsberg Digital joins the NorthWind project to develop digital twin technology for offshore wind
12:41 New year boost for MYCRANE as four lifting experts join the team
12:07 Mitsui O.S.K. Lines, Ltd. and Bombora Wave Power strengthen their collaboration through an investment
11:34 Carnival Cruise Line adding more embarkation enhancements as it commits to current protocols for the foreseeable future
10:54 Indian Register of Shipping strengthens focus on safety of Inland Waterways

2022 January 21

19:15 PortNews’ week updates and insights summary
18:20 More than 600 boxships stay off ports waiting for berth space, Seaexplorer disruption indicator shows
18:07 Green Innovation Fund adopts joint project on “Mass-production and Cost Reduction of Floating Offshore Wind Installation”
17:44 The new Stena Baltica has debuted on Stena Line’s Baltic Sea route from Ventspils to Nynäshamn
17:16 Port of Los Angeles breaks cargo record in 2021
17:06 Finnlines strengthens Germany-Sweden route with a fourth ship
16:36 Maersk opens its logistics center for South Western Europe at port of Barcelona
16:03 Dublin Port sees a small reduction in volumes in 2021
15:24 Kongsberg Digital joins the NorthWind project to develop digital twin technology for offshore wind
14:03 ClassNK issues Approval in Principle for ammonia-fueled Panamax bulk carrier developed by Planning and Design Center for Greener Ships (GSC)
14:02 TGE Marine announces completion of largest LNG Bi-Lobe Type C Tanks
13:23 Samskip adds 150 new sustainable reefer containers to its fleet
13:01 Icebreakers remain busy assisting shipping of the Gulf of Finland eastern part
12:13 Freight volumes increase at the Port of Gothenburg in 2021
12:12 Nippon Paint Marine’s new fastar antifouling earmarked for Cosco Shipping VLCC fleet
11:42 RZD invested heavily in its rolling stock upgrade in 2021
11:31 DP World launches a premium barge service between the Upper Rhine region and Rotterdam World Gateway
11:03 Israel orders three new submarines from thyssenkrupp Marine Systems
10:31 Port of Oakland import volume hit new record in 2021
10:11 Crude oil prices drop on US oil reserves growth
09:32 MABUX: Global bunker prices may slide down on Jan. 21
09:21 Baltic Dry Index as of Jan 20

2022 January 20

18:35 EuroDry announces agreement to acquire a 2014-built Supramax bulker
18:05 Valaris announces floater contract awards
17:43 Alfa Laval experiences increased demand for solutions related to LPG as fuel
17:26 Throughput of Chinese sea and river ports in 2021 climbed by 6.8% YoY
17:15 The U.S. Army gets $22.81 billion in supplemental funding of studies, projects and programs
17:05 Sanmar Shipyards delivers fourth powerful compact tug to SAAM Towage
16:50 Cargo traffic on IWW of Russia in 2021 rose by 1.2% to 110.3 million tonnes
16:35 Uber Boat by Thames Clippers builds the UK’s first hybrid high speed passenger ferries
16:15 American Cruise Lines unveils Project Blue
16:05 TGE Marine announces the completion of the tank building phase for two large LNG cargo tanks
15:31 Hafnia plans to acquire 12 modern LR1 tankers
15:25 Holland Shipyards Group develops new tug EDDY 24-50 E
15:05 ZIM announces new chartering agreement for three 7,000 TEU LNG dual-fuel container vessels
14:40 Exports of LNG and gas condensate from port Sabetta exceeded 19 million tonnes in 2021
14:11 Stena Line and Associated British Ports sign £100M deal for new ferry terminal at the Port of Immingham
13:45 Federal authorities asked to step into situation with coal transportation by Russian Railways
13:19 MABUX: Bunker Weekly Outlook, Week 03, 2022
13:12 Norside buys the platform supply vessel 'Farland' for offshore wind
12:46 New ICS guide helps seafarers navigate the digital bridge
12:08 The Harbour Master’s Division of the Port of Rotterdam Authority makes it through the second corona year unscathed
11:51 Port of Long Beach sets annual record with 9.38 million TEUs
10:46 Global Ports' consolidated marine container throughput increased by 2.8% y-o-y in 2021
10:10 Increase of cargo predicted for the Port of Riga this year
09:33 MABUX: Global bunker prices may turn over downward correction in the end of the day
09:25 Crude oil market sees downward price correction
09:08 Baltic Dry Index as of January 19

2022 January 19

18:20 New SGMF publication provides expansive and highly relevant guidelines on safe bunkering of LNG
18:03 ESL Shipping sells the barge Espa
17:52 High efficiency Wärtsilä power solutions to drive seven new Arctic Shuttle Tankers
17:50 Euroseas announces new charter for its 2,788 TEU, 2004-built vessel
17:33 Freeport of Riga Authority to invest almost EUR 1 million in implementation of port digital technology and IT solution projects this year
17:15 ABS, SDTR and SDARI develop methanol-fueled bulker