5th Athens Iron Ore & Coal Summit

Mr. Philip Embirikos (past president, BIMCO) gave the big picture of iron ore & coal demand and supply and pointed out that India is the next great player in the sector increasing steel capacity & production.

Mr. Nicky Pappadakis (President Emeritus, Intercargo, Chairman, A. G Pappadakis & Co) welcomed the guests and expressed his deep appreciation
to the organizers.

The President of Greek Shipping Chamber Mr. George Gratsos in his speech focused on energy issues. He told that drybulk shipping’s cost efficiently improved by 33%, bigger ships are most cost & energy efficient but the cost of energy for shipping will continue rising. He referred to the technologies of saving energy such as hull form, slow speed, etc.

Full article, ELNAVI, December 2013, Issue 480, Page. 128

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