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Shipping Minister at IMO Plenum

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Greek Shipping Minister Miltiades Varvitsiotis, in an address during the opening of the International Maritime Organisation (IMO) Plenum's 28th conference, in London on November 25, said that "being Greece's Shipping and Aegean minister I am proud to be representing a country with a great tradition in shipping, that is considered today one of the biggest shipping countries of the world, with one of the biggest commercial fleets internationally."

He referred to the size and importance of Greek shipping, stressing that "it is a leader in international shipping, since it represents 15 % of global and 40 % of European shipping." He added that the Greek commercial fleet counts 1,386 ships with a total registered capacity of 72.6 million DWT, holding the 7th place, internationally, with almost 4.73% of global capacity.

The shipping minister had a meeting with Chinese Vice-Minister for Communications Weng Mengyong on the sidelines of the IMO plenum, and Cosco was the focus their talks. Weng Mengyong said that he, on his part, views Cosco's investment in Piraeus very positively: "On the occasion of our meeting, I want to express our thanks to your person, Mr. Minister, for your valuable contribution, to enable the final agreement between Cosco and OLP (the Piraeus Port Authority) to take place. Every time I visit Europe, I mention the specific investment as being the best example of successful Chinese presence in Europe," he said.

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