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Thu, Nov

Maritime Crossroads: Why Shipping Leaders Say Environmental Rules Are Missing the Mark

Maritime Crossroads: Why Shipping Leaders Say Environmental Rules Are Missing the Mark

Hellenic Shipping News

Prominent figures from global shipping’s “tanker world” assembled in Dubai over

Prominent figures from global shipping’s “tanker world” assembled in Dubai over the past few days for Bahri Week, which kicked off on Saturday (Nov. 8), a five- to six-day event that has evolved into one of the most important annual events in the specific and vital sector.

Approximately 5,000 visitors are estimated to have traveled to Dubai for the event, which many call the “Posidonia of Tankers,” comparing it to the major shipping exhibition held every two years in Athens.

Of particular interest during this year’s Bahri Week was the Capital Link Forum, held on Tuesday, with the participation of leading figures in international shipping: Evangelos Marinakis, founder and chairman of Capital Maritime & Trading; Ahmed Ali Alsubaey, CEO of Bahri Group; Lois Zabrocky, CEO of International Seaways; and George Prokopiou, founder of Dynacom Tankers Management.

A proposal by Evangelos Marinakis that caused a sensation among the discussion participants—and was applauded by the audience—calls for a temporary lifting of sanctions for a period, aimed at enabling the disposal of many old vessels belonging to the so-called “shadow tanker fleet,” which poses a serious threat to the environment.

The IMO Regulation Postponement

The first topic of discussion was the one-year

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