Nor-Shipping is a prestigious event that has been attracting key players in the maritime industry for nearly 60 years. The event provides a platform for strategic deal-making, networking, and collaboration opportunities for leaders across the entire maritime value chain, including representatives from the press.
One of the primary focuses of Nor-Shipping is sustainable ocean development. The event aims to assist leading maritime players in charting profitable courses into the future while aligning with the United Nations Sustainable Development Goals.
The event serves as a showcase for cutting-edge Norwegian and international companies to highlight their innovations that provide a competitive advantage to their customers. Nor-Shipping facilitates the convergence of the maritime, tech, finance, and broader business segments, fostering a platform for mutual learning, forging partnerships, and accessing new economic value-creation opportunities. Delegates and visitors have the opportunity to experience firsthand the products, services, and companies that are driving the new age of ocean industry development.
The European Union funds the Greek port of Alexandroupolis with $26.0m
An investment of 26 million euros has been secured by Greece to upgrade the port of Alexandroupolis in the Northern Aegean Sea. As announced by the Hellenic Republic Asset Development Fund (HRADF), the funds will enhance the port’s facilities and transform it into a regional energy hub. Alexandroupolis, located near Bulgaria and Turkey, has previously been used by the US military to unload and transfer munitions to NATO’s western flank. European energy imports will be able to enter the port through this port. Additionally, a floating gas and regasification unit (FSRU) is being built near the city by Gastrade, which will store and transport liquefied natural gas (LNG) to Europe. As Greece and Bulgaria seek to revive a pipeline for transporting crude oil from the port to Burgas, the development is expected to benefit both countries. According to HRADF, EU funds will be used for dredging works and road infrastructure construction. Finally, end of last year, the Greek Government decided to cancel the sale of a 67% stake in Port of Alexandroupolis, citing the port’s strategic, geopolitical, and energy significance for the country, emphasizing the need for its control by the Greek government. In response to the Russian invasion of Ukraine, HRADF noted that the port had gained greater value as a weapons facilitation center