Michael Chandris News

A strong delegation of the Union of Greek Shipowners (UGS) led by Chairman Theodore Veniamis visited the 23rd Posidonia Exhibition today where they met with many decision makers from the global marine community who converged to Athens once again to participate at the world’s biggest shipping trade event. The UGS members visited major exhibitors across the vast four halls of the 60,000 square-metres Metropolitan Expo and met with representatives from Far Eastern, US and European shipbuilders, marine equipment suppliers and classification societies. “This is the best and biggest Posidonia ever with more than 1,800 exhibitors from almost 90 countries.

Piracy remains a major issue, especially for Greek owners, says the Club. The Hellenic War Risks Club is celebrating its 50th year of operation in 2011. The Association’s founding Directors, which included J C Carras,  J E G Kulukundis, C M Lemos, D J Chandris and F P Lykiardopulo, recognised a need for Greek shipowners to come together on a mutual basis to provide the most competitive war risk insurance premiums, which, at the time, were difficult and expensive to obtain. The…