Following the delivery of m/v Hispania Graeca II on 6 January 2026, Angelakos (Hellas) S.A. took delivery of the third-in-a-series-of-eight new Kamsarmax vessels on behalf of its Principals at the Nantong Cosco KHI Ship Engineering Co., Ltd. (NACKS) shipyard in Nantong, China.

The vessel’s name is Scythia Graeca II and the baptismal ceremony was officiated by the Greek Orthodox priest, Father Jeremiah Cho.

Professor Anca Dan from École Normale Supérieure of France and researcher at the Centre National de la Recherche Scientifique of France specialized in archaeology and geoarchaeology served as Godmother of m/v Scythia Graeca II.
Angelakos (Hellas) S.A. was represented by Mr. Evangelos El. Angelakos, accompanied by our Marine Manager, Capt. Georgios Lampros, and our Purchasing Manager, Mrs. Maria Makrykosta. They were joined by the company’s on-site team of naval architects, engineers, and seafarers, as well as the vessel’s Master, officers, and crew. Our Project Manager Mr. Panayiotis Makris was selected to deliver the speech of Capt. Stephanos E. Angelakos during the ceremony, in recognition of his instrumental contribution in the materialization of our current newbuilding programme.
The event was further honoured by the presence of His Excellency the Ambassador of Greece to the People’s Republic of China, Evgenios Kalpyris, accompanied by his wife, Mrs. Li Xu.

Representing the shipyard’s senior management was Mr. Junji Maeda, Senior Vice President, alongside other senior executives.
Partners of Angelakos (Hellas) S.A., including makers, suppliers, and agents, were also in attendance.
Continuing the tradition of the first two vessels’ names (Gallia Graeca II and Hispania Graeca II), Scythia Graeca II was chosen to outline the ancient bonds between Greeks and Scythians.

In her speech the Godmother referring to the name of the vessel pointed out that “The encounter of these two peoples, Scythians and Greeks, shaped ancient Eurasia, where Chinese, Indian, and Iranian cultures flourished in contact with both Scythian and Greek cultures. No natural or political frontier was too strong for those who shared goods, knowledge, and technologies that advanced human civilization.”

We are delighted to welcome Scythia Graeca II under our management and extend our best wishes to her crew for calm seas and fair skies.

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Chalkis Shipyards SA has become the first shipyard in Greece to submit a Greenhouse Gas Inventory Report and to obtain a Verification Statement of the Carbon Footprint Report – No. GR007443 by the internationally recognized certification body Bureau Veritas (BV).

The inventory and quantification of greenhouse gas emissions were conducted in accordance with ISO 14064-1:2018, which specifies principles and requirements for the design, development, reporting, and verification of organizational greenhouse gas inventories.

The verification of the Carbon Footprint Report was performed by Bureau Veritas in accordance with ISO 14064-3:2019, ensuring the accuracy, completeness, and reliability of reported emission data.

This achievement demonstrates Chalkis Shipyards’ strategic commitment to transparency, compliance with international sustainability standards, and continuous improvement of its environmental performance. It also represents a key step in monitoring, managing, and reducing greenhouse gas emissions across its operations.

As the shipbuilding industry advances toward decarbonization, Chalkis Shipyards SA continues to implement responsible and sustainable practices, actively contributing to a greener and more sustainable future.

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Danaos Corporation, one of the world's largest independent owners of containerships, has proceeded into a strategic partnership with Glenfarne Group LLC to advance the Alaska LNG project.

More specifically, Danaos Corporation will make a $50 million development capital equity investment in Glenfarne Alaska Partners LLC while it will also be the preferred tonnage provider to construct and operate at least six LNG carriers to deliver LNG to global customers for Glenfarne Alaska LNG, LLC, majority owner and developer of the Alaska LNG Project.

Glenfarne is developing Alaska LNG in two financially independent phases to accelerate project execution. Phase One consists of a 765-mile, 42-inch pipeline to transport natural gas from Alaska's North Slope to meet Alaska's domestic energy needs. Phase Two will add the LNG liquefaction terminal and related infrastructure to export 20 million tonnes per annum (MTPA) of LNG.

Glenfarne became lead developer of Alaska LNG in March 2025. Since then, Glenfarne has secured preliminary commercial commitments from leading LNG buyers in Japan, Korea, Taiwan, and Thailand for 11 MTPA of LNG, and strategic partnerships that also include Baker Hughes and POSCO International. Glenfarne owns 75% of Alaska LNG and the Alaska Gasline Development Corporation owns 25%.

Glenfarne Group is a privately held global developer, owner, and operator of energy infrastructure assets that owns and operates over 60 energy assets through three core businesses: Global LNG Solutions, Grid Stability, and Renewables. Glenfarne's permitted North American LNG portfolio totals 32.8 MTPA of capacity under development in Alaska, Louisiana, and Texas.

Danaos Chief Executive Officer Dr. John Coustas commented: "As Alaska LNG opens up a major new source of North Pacific energy, Danaos is pleased to offer our shipping expertise to reliably serve customers across the region and around the world with safe, competitive LNG delivery. This transaction provides us with an opportunity to expand on our expertise in global seaborne transportation and expand the footprint of Danaos in the LNG and Energy segments."

About Danaos Corporation

Danaos Corporation is one of the largest independent owners of modern, large-size container vessels. The current fleet of 75 container vessels aggregating 477,491 TEUs and 25 under construction container vessels aggregating 163,950 TEUs ranks Danaos among the largest container vessels charter owners in the world based on total TEU capacity. Danaos has also invested in the dry bulk sector with the acquisition of 11 capesize drybulk vessels, which on a fully delivered basis, aggregate approximately 1,943,286 DWT. The container vessels fleet is chartered to many of the world's largest liner companies on fixed-rate charters. The long track record of success is predicated on its efficient and rigorous operational standards and environmental controls. Danaos Corporation's shares trade on the New York Stock Exchange under the symbol "DAC".

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MIRIC, one of the oldest and most respected marine insurance brokers in Greece, with a high profile legacy Greek shipping portfolio, which complements fully the SEASCOPE HELLAS /SEASCOPE EUROPE well established presence in Greece for well over 50 years. SEASCOPE GROUP is placing insurances of over 2000 ships, of 120m Dwt, 85% of it being Greek, thus, SEASCOPE insures and leads around 30% of Greek tonnage. The addition of MIRIC’s clients will bring the new JV at the top of the Greek Marine Insurance broking market.

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Effective 15th January 2026, Baseblue Ltd will change name to KPI OceanConnect (Cyprus) Ltd, thereby completing the integration into one organisation under KPI OceanConnect.

The two organisations have decided to join forces to streamline operations and better align regional teams.

As part of this strategic integration, expected to increase the group’s market share in the East Mediterranean, all customer and supply agreements will continue unchanged under KPI OceanConnect, ensuring a seamless transition.
Dorthe Bendtsen, CEO of KPI OceanConnect, will continue to lead the organisation, supported by the existing regional and local management structure. The integrated team will continue to deliver a broad range of services, expertise and bespoke solutions to the shipping industry.

“This strategic integration will strengthen our international presence and unlock synergies to deliver broader services and greater value to our customers,” says Dorthe Bendtsen, CEO of KPI OceanConnect.

About KPI OceanConnect

KPI OceanConnect is one of the world’s largest and most experienced independent marine energy service and solutions providers. For more than 50 years, KPI OceanConnect has been fuelling global trade through its partnership approach, innovative solutions, and ability to expertly guide its clients through new and evolving challenges.
By combining the expertise of its global workforce with market-leading technology, innovation, and financial strength, KPI OceanConnect creates long-term value for its partners and is a trusted leader in the transition to low carbon energy.
KPI OceanConnect’s teams of experienced professionals deliver trusted expert counsel from offices in Athens, Doha, Hong Kong, Houston, Istanbul, Jakarta, London, Miami, New York, Seattle, Seoul, Singapore and Tokyo.

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For Crossworld Marine Services, the Philippines is not just a key crewing market—it is a strategic, human partnership built over decades. Filipino seafarers form the backbone of global shipping, and their welfare, safety, and professional dignity are deeply embedded in how we operate.

That philosophy was reaffirmed on 15 January 2026, when Crossworld participated in a high-level maritime labor meeting in Makati City, organized by the Greek Embassy in the Philippines in coordination with the Department of Migrant Workers.

A Long-Term Commitment, Not a One-Off Discussion

The meeting brought together government officials and Greek maritime stakeholders to align on a shared priority:
the welfare, safety, and protection of Filipino seafarers serving aboard Greek-managed vessels.
For Crossworld, this discussion directly reflects our corporate culture and mission. As one of the most established crew management organizations active in the Philippines, we believe that responsible maritime operations begin—and end—with people.

Key areas of discussion closely mirror Crossworld’s day-to-day practices:

Fair and transparent employment conditions

Strong compliance with international maritime labor standards

Continuous improvement of safety and wellbeing frameworks

Ethical recruitment and long-term career support for seafarers

Crossworld’s Role in the Filipino Maritime Workforce

With a substantial Filipino seafarer pool under management, Crossworld has long invested in:

Seafarer welfare programs, both onboard and ashore

Safety-first crewing standards, aligned with global best practices

Sustainable employment relationships, not transactional placements

Seafarer careers, not simply a job placement

Our presence at this high-level meeting was not symbolic. It reflects our belief that industry leaders must actively engage with institutions shaping maritime labor policy, particularly in markets as critical as the Philippines.
Leadership Participation That Reflects Company Values

Crossworld was represented by Group CEO, Simos Varias and Capt Levy Capayas, President of Crossworld Marine, whose participation underscored the company’s hands-on leadership approach in matters of crew welfare and safety.
At Crossworld, leadership involvement in such forums is deliberate. Decisions affecting seafarers’ lives and careers deserve direct accountability at the highest level.

Looking Ahead: Shared Responsibility, Shared Future

The Philippines remains the world’s leading supplier of maritime professionals. Greece controls the world’s largest merchant fleet. The intersection of these two realities creates both opportunity and responsibility.

Crossworld remains committed to:

Strengthening cooperation with Philippine institutions

Supporting initiatives that protect and empower seafarers

Advancing a maritime industry where welfare and performance are not competing priorities—but complementary ones
This is not new ground for Crossworld. It is simply who they are.

Together Always Ahead.

Image: Mr. Simos Varias (Crossworld Marine Group CEO), Mr. Ioannis Pediotis (Ambassador of Greece in Manila), Mr. Hans Leo J. Cacdac (Secretary of Department of Migrant Workers), and Capt. Levy Capayas (Crossworld Marine Inc. President)

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Mintra, a global leader in digital learning and workforce management solutions for the maritime and energy industries has appointed Vassilios Demetriades as Global Ambassador, with a strategic focus on the Greek market. The appointment follows Mintra’s recent acquisition of SQLearn and marks a key step in strengthening SQLearn’s position within the Mintra group and in the global maritime training landscape.

The integration of SQLearn into Mintra brings together two established digital learning providers, combining Mintra’s global scale and technology platform with SQLearn’s strong reputation and deep-rooted presence in the Greek maritime market. This strengthens SQLearn’s ability to operate within the Mintra group while extending Mintra’s reach in one of the world’s most influential shipping regions.

In his role, Mr Demetriades will support the international growth of SQLearn’s solutions under the Mintra brand. Working closely with shipowners, operators, training institutions, and industry stakeholders, he will promote advanced digital learning, competence, and compliance solutions tailored to the needs of the Greek market and the global shipping community.

Mr Demetriades brings 27 years of experience in global shipping, including service as Deputy Minister of Shipping of the Republic of Cyprus, where he was actively involved in maritime policy, regulatory affairs, and international shipping relations at both the EU and global levels. His appointment underscores Mintra’s commitment to combining strong technology platforms with deep industry and regulatory expertise.

“The acquisition of SQLearn represents a significant expansion of Mintra’s capabilities,” said Kevin Short, CEO of Mintra. “By appointing Vassilios Demetriades as Global Ambassador, we are further strengthening SQLearn’s role within the group and ensuring closer alignment with the Greek maritime market.”

Commenting on his appointment, Mr Demetriades said: “The integration of SQLearn into Mintra creates a stronger, more comprehensive digital learning platform for the maritime industry. I am pleased to support this next phase of development by helping deepen engagement with the Greek shipping community and reinforcing SQLearn’s value as part of the Mintra group.”

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With the aim of providing comprehensive shipmanagement services for various types of dry cargo vessels, Capital - Executive Ship Management Corp. has entered into a strategic partnership agreement with SPV Axis Management Corp.

The new venture, Capital Axis Maritime Corp., will provide in-house commercial and technical management services to a fleet of twenty (20) dry bulk carriers, consisting of two (2) Newcastlemax, four (4) Capesize, and seven (7) Kamsarmax and Panamax vessels currently on the water, as well as seven (7) newbuilding Capesize bulk carriers scheduled for delivery in 2027. The fleet has a total carrying capacity of approximately 3.0 million deadweight tons and an average age of 8 years.

Mr. Nicholas E. Madias, on behalf of SPV Axis and in his capacity as President and Chief Executive Officer of Capital Axis Maritime Corp., commented: “We are delighted to partner with a well-established and reputable organization like Capital-Executive Ship Management Corp. We are confident that this synergy will create long-term value for its stakeholders through both cost savings and revenue growth. By combining Capital-Executive Ship Management Corp. strengths with our deep expertise in the dry sector, built over 25 years of experience in ownership and hands-on management of dry bulk assets, we are optimistic that this collaboration will unlock significant potential.”

About Capital Axis Maritime Corp.

Capital Axis Maritime Corp. is dedicated to delivering best-in-class commercial and technical management services for dry bulk vessels. Currently it controls a fleet of twenty (20) dry bulk vessels. With a strong focus on operational excellence and sustainability, the company aims to set new standards in the global dry bulk shipping industry.

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Minerva Gas Inc., a leading LNG ship management company has signed a comprehensive Long-Term Service Agreement (LTSA) with HD HYUNDAI MARINE SOLUTION, a global leader in integrated marine solutions.

Under the agreement, five LNG carriers equipped with HiMSEN auxiliary engines will receive long-term maintenance and technical support, reinforcing Minerva Gas' commitment to operational excellence, reliability, and fleet performance.

This latest contract builds on a successful partnership established in 2022, when Minerva Gas first entered into a Long-Term Service Agreement with HD Hyundai Marine Solutions covering three LNG carriers. Through professional management, continuous monitoring, and advanced technical support, these vessels have demonstrated stable and reliable operation over the past years. The new agreement extends coverage for the existing three vessels and incorporates two newly built LNG carriers, expanding the LTSA to a total of five ships.
HD Hyundai Marine Solutions operates as a global total service provider, delivering cutting-edge marine solutions through advanced data analytics, including condition monitoring, alarm management, and performance analysis. By leveraging technical expertise and real-time operational data, the company provides optimized, vessel-specific service solutions that enhance reliability and efficiency across marine operations.
As part of the contract, Minerva Gas will benefit from a secure and continuous supply of critical spare parts through 2031, ensuring long-term operational stability. The agreement also includes dedicated technical support from HD Hyundai Marine Solutions’ expert engineers, who will deliver ongoing maintenance services to ensure seamless and efficient operation of the LNG fleet.

The renewal and expansion of the Long-Term Service Agreements for the generator engines reflect a strong and trusted partnership between Minerva Gas and HD Hyundai Marine Solutions, founded on shared values of safety, reliability, and operational excellence. Continuous engine monitoring, remote troubleshooting, and direct technical support will help reduce the risk of unplanned downtime, while enhanced spare-parts planning and service coordination improve cost predictability and supply-chain efficiency.

Together, these efforts support safer operations, optimized lifecycle management, and long-term fleet performance.
image: Signing Ceremony: Mr. Hayden (Hyeokdong) Kim, Head of the Athens Office, HD HYUNDAI MARINE SOLUTION, signing the agreement with Mr. Sokratis Dimakopoulos, Chief Operating Officer, Minerva Gas Inc.

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The Woodside Jirrubakura has completed her first port call at Pluto LNG Facility in Western Australia’s north-west, marking an important milestone in GasLog’s ongoing mission to deliver reliable, lower-emissions LNG shipping solutions for the global energy transition.

Built in South Korea, as Woodside’s first LNG carrier to bear an Indigenous name, given in the Pilbara by local Ngarluma custodians. Jirrubakura—meaning crayfish— recognizes the region’s marine life and reflects Woodside’s respect for local culture and heritage.

In keeping with maritime tradition, Master Captain Ioannis Tsapelas was presented with a framed boomerang crafted from local snake wood (Marruwa), symbolizing the departure and return journeys the vessel will make.

Equipped with world-leading LNG carrier technology, Woodside Jirrubakura and her sister vessel Woodside Barrumbara embody GasLog’s vision of high-efficiency operations and reduced environmental impact. As the Scarborough project approaches completion, the vessel is already supporting LNG deliveries from other Woodside-operated facilities, ahead of first LNG cargo on the Scarborough Energy Project, targeted for the second half of 2026.

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