PPA S.A. and Princess Cruises, one of the world’s largest cruise companies, held a special event at the port of Piraeus to celebrate the arrival of the Sun Princess cruise ship and to highlight their significant and extensive collaboration. Princess Cruises, with 17 ships in its fleet, is part of the leading Carnival Group in the cruise industry.
During the event, plaques were exchanged between PPA S.A.’s Deputy CEO Mr. Panagiotis Tsonis and Captain Craig Street of the Sun Princess, welcoming the cruise ship to Piraeus on its maiden voyage. It is worth noting that Sun Princess is scheduled to have 10 arrivals this season, with 7 of them based at the port of Piraeus.
Through steadfast strategic initiatives and targeted investments, Piraeus has become a pivotal hub for cruise travel. In 2023, there was a remarkable 68.6% surge in total cruise passengers compared to 2022, with approximately 1.5 million passengers and 760 cruise ships served. Of these, 75% were homeported, meaning they started their cruise from Piraeus Port, translating to 800,000 passengers—a 110% increase compared to 2022.
Looking ahead to 2024, projections based on schedule, indicate the arrival of over 1000 cruise ships, with 79% choosing Piraeus as their homeport. Mr. Panagiotis Tsonis, Deputy CEO of PPA S.A., commented Piraeus Port for its remarkable advancements in the cruise industry. He underscored Piraeus as a cutting-edge port renowned for its top-tier services, increasingly trusted by prestigious cruise companies worldwide as their preferred base for voyages. PPA S.A.’s strategic cruise planning has yielded substantial benefits for the national economy, tourism industry, and local communities, solidifying Piraeus’ reputation as one of the world’s top ports.
The maiden voyage of the SUN PRINCESS commenced on 28/02/2024, departing from Civitavecchia to Naples, Santorini, Kusadasi, Piraeus, Messina, Mallorca, and Barcelona. This newly constructed cruise ship, powered by LNG, is one of the largest cruise ships ever built in Italy. With a length of 345m, it can accommodate 4300 passengers and 1150 crew members across its 21 decks, featuring 2150 cabins.

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Safe Bulkers, Inc. (NYSE: SB) and its CEO, Polys V. Hajioannou, in the context of the Company’s Environmental, Social and Governance (“ESG”) strategy has launched the Annual Cadet Scholarship Program for Students-Cadets in Cyprus Maritime Academy/Intercollege.
The program consists of five (5) annual scholarships that will be granted to Cypriot or Greek citizens enrolled in the 4-year Nautical Science program at Cyprus Maritime Academy. Each scholarship amounts to 5,000 Euros annually, covering the cost of the tuition fees and living expenses. The scholarships are renewed annually subject to recipients’ satisfactory academic progress and successful promotion to the next year. At the same time, the Cyprus Maritime Academy will provide a fixed scholarship amount to all Cadets that are awarded the scholarship by Safe Bulkers, resulting in the full coverage of the tuition fees.
When the program reaches its full implementation, the Company will offer scholarships to twenty (20) Students-Cadets in total for the duration of the 4-year program, valued at 100,000 Euros annually. Safe Bulkers will provide to all students sea-service training onboard its modern, energy-efficient, Cyprus-flagged vessels equipped with high-speed satellite internet connectivity and upon graduation full employment leading to a career as Deck Officers up to Captain Class A and prospective placement as Port Captains or fleet operators in the marine department of its Cyprus-based offices.
Safe Bulkers is proud to work with Cyprus Maritime Academy and support young people who are interested in embarking on a career at sea and excel as Deck Officers who could later promote to Masters. This scholarship program combined with Safe Bulkers Annual Scholarship Program for studies in marine engineering and other maritime fields, aims to enable and encourage young individuals to further their education and pursue a professional career in the maritime industry. Being the largest shipowner under the Cyprus Registry, Safe Bulkers is firmly committed to developing a pool of highly educated young talents equipped with the academic skills necessary to join the Cyprus’ workforce in the future, in the efforts to enhance the strength and growth of Cyprus maritime cluster.
More information about the terms and conditions of the Cadet Scholarship Program is available on Cyprus Maritime Academy website ( www.cyma.ac.cy/scholarships).

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Franman has extended its partnership with the leading Danish technology provider, Danelec, by promoting Danelec's digital services in Greece, as stated in the agreement signed on February 2^nd, 2024.
With Danelec's acquisition of KYMA A.S. in December 2021, a new era of possibilities has emerged.
Franman has always been at the forefront of technological advancements, having represented KYMA A.S., the renowned Norway-based specialist in digital ship performance monitoring, since 1993.
Specializing in maritime safety and sustainability, and being a global leader in ship data management solutions that promote efficiency and safety at sea, Danelec has recently been expanding its expertise in vessel optimization through the acquisition of Nautilus Labs, an AI-based analytics platform.
The combined digital suite of Danelec provides a comprehensive solution for fleet efficiency, by incorporating shaft power meters, digital data capturing, and fleet performance, providing customers with valuable insight to optimize operations, achieve savings, and ensure compliance.
“We are very pleased to have Franman represent us in Greece. Franman has been a leading agent for Kyma for more than 30 years and has a deep understanding for the ship performance market and solution selling. We can now offer a turnkey solution for our customers in Greece, which Franman can promote. We are looking forward to taking our partnership to the next level”, says Christian N. Treu, SVP for Danelec Digital. 
“At Franman, we are excited to extend our successful partnership with Danelec, focusing further on the digital services and the vessel optimizing analytics”, says Costis J. Frangoulis, Founder & CEO of Franman. 
About Danelec: Danelec is a leading specialist in digital solutions for the maritime industry, dedicated to simplifying data capture for ship owners, enabling them to future-proof their fleet and compete effectively in a data-driven, net-zero economy.
As a technologically leading manufacturer of Voyage Data Recorders (VDR), Shaft Power Meters, and provider of systems for digital monitoring of ship performance, Danelec has taken an impactful position in the digitalization of the maritime industry with 30+ years in the maritime market.
Currently, Danelec boasts an install base of 16,000 units across 13,000 vessels, driving operational optimization for safety and sustainability for ship owners across the globe including the world's top 10 largest shipping companies.
With headquarters in Denmark, 14 global hubs, 170 employees, and more than 700 factory-trained technicians in more than 50 countries, Danelec boasts a truly strong global presence.

About Franman: Established in 1991, Franman provides a wide range of equipment, parts, products and services to the shipping industry.
The company has in-depth knowledge, and well-established relationships, within Greek shipping.
From the beginning, the company followed the model of the Japanese Trading Houses with their one-stop-shop philosophy. The company focused on building partnerships in the Far East - initially Japan and South Korea, and later China.
Franman has always aspired to be a leader in Greek and international markets. This has fueled its drive to expand its partnerships and hence its offerings to shipowners.
During these 3 decades, the company has equipped 4,500 newbuildings. Today, the company connects 700 shipping companies with 189 suppliers of equipment and services.
In 2021 Franman was the proud recipient of the Lloyds List Piraeus International Centre Award.

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

With the aim to comply with the new regulations for shipping emissions KCC a leading marine coating producer has introduced the next generation foul release coatings that integrate cutting edge technology enhancing the efficiency of ship operations.
In this framework Technava one of the greatest commercial agencies that represents first class manufacturers covering a wide range of marine equipment in Greek shipping organized in co-operation with KCC a technical seminar with the topic: “Innovations in Marine Paints for Enhanced Energy Efficiency and Performance Optimization".
The event took place at the “Stavros Niarchos Foundation Cultural Center” Athens “Lighthouse”.
Technical presentations were delivered by industry specialists.
Mr. D. G. Choi / Senior Vice President, Marine Coatings opened the seminar and welcomed the distinguished guests.
Mr. Y.S. Lee / Senior R&D Manager Anti-Fouling presented Egis ELF II a Silyl Methacrylate antifouling coating which offers Extremely-Low Frictional Resistance and Optimized Biocides Release. It is worthwhile to mention that EgisELF II offers excellent anti fouling protection up
to 90 months, linear polishing pattern by application of specific polymer containing silyl methacrylate and hull performance guarantee.
Mr. T.G. Nam / Senior Vice President, R&D Center referred to the MetaCruise NS which is a State of the art Biocide Release Silicone for maximum energy efficiency and exceptional long-term antifouling performance.
Mr. T.G. Nam / Senior Vice President, R&D Center described the EcoFriendly Marine Coatings which are the next generation of KCC’s ecofriendly range of marine coatings to comply with the latest environmental requirements.
Mr. K.J. Kang / General Manager, Coating System Design spoke about the Fouling Management System (FMS) an innovative tool to maximize vessels’ CII rating and minimize speed loss in view of EEXI requirements.
The topic of KCC Marine Coatings in Greece was presented by Mr. Danny Ryu / Deputy General Manager, Marine Coating Sales.
He also focused on KCC’s newbuilding projects and repairs including 300 Greek new building vessels and 849 ships in dry docking the latest 10 years that have applied the products of KCC.
There is also a sharp increase for AFCs
The closing remarks of the seminar were made by Mrs. Stella Tomazos / Managing Director, Technava S.A.
Mrs Tomazos told that Technava is proud for the 10-year partnership with KCC.
The company has a 50year experience on marine coatings and is the basic provider of Hyundai shipyards controlling a share market of around 60%.
KCC has a huge turnover of $4,7 billion, invests a great amount in R&D and is listed in the Korean Stock Exchange.
Finally Mrs Tomazou outlined that KCC has a continuous presence in the Greek shipping market and Technava promotes the new products of KCC responding to the new requirements of shipping.

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The Institute of Chartered Shipbrokers Greek Branch held its traditional Vassilopita cutting event at Piraeus Marine Club on Tuesday, 20^th of February. The Institute’s Members and friends celebrated the beginning of the New Year and exchanged wishes for a Happy and Prosperous New Year!
Prior to the Vasilopita cutting proceedings, a Seminar on "An Overview of the 2023 London Arbitration Awards" was presented by ICS’s guest speaker, Mr Constantinos Bitounis, FICS, Senior Associate, Holman Fenwick Willan International LLP, tutor at the ICS Greek Branch and Fellow Member of the Institute of Chartered Shipbrokers.
Following the Seminar, Members and Friends from the shipping industry had the opportunity to interact in a warm and cordial atmosphere during the cocktail reception. Five lucky Members have been the winners of the “Flouri” Gifts: Alexia Papadopoulou won a 2-night stay in a Junior Pool Villa in Elies Resorts, an exclusive, luxury 5-star hotel of high aesthetics in Vathi of Sifnos. Georgia Simiakaki won an air ticket to Paris, offered by Every Way Travel. Iliana Tzitzi won 1 Seminar with HMC/ICS Greek Branch. Argyro Michail and Spyros Vougious each won a Product Activation Key for “SeaOrama: World of Shipping”, courtesy of Hellaschart and SeaOrama.
ICS sincerely thanks all the businesses who provided this year’s gifts, the personnel and the president of the Piraeus Marine Club, Mr. George Alexandratos for the excellent hospitality and services.

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The University of Limassol proceeded to a partnership with AMMITEC, a distinguished non-profit scientific organization dedicated to uniting IT and Technology Professionals within the global shipping industry.
This partnership represents a significant stride towards fostering education, innovation, and professional development, particularly in the realms of digital transformation and cybersecurity.
Through this collaboration, the University of Limassol and AMMITEC aim to cultivate a vibrant exchange of knowledge, ideas, and expertise between academia and industry professionals. By pooling the collective wisdom and resources of both entities, our aim is to cultivate innovative solutions, tackle industry challenges, and propel the continuous advancement of the digital shipping ecosystem.
Dr Ioannis Filippopoulos, co-Director of the MSc Shipping and Operations Management and Assistant Professor at the University of Limassol, expressed his commitment, stating, “We are dedicated to preparing the next generation of IT leaders who will spearhead transformative change in the maritime sector and beyond. We are thrilled to unite with AMMITEC in this journey towards excellence, collaboration, and meaningful impact”.
Mr. Themistoklis Sardis, President of AMMITEC and Head of IT at Costamare Shipping, stated “I am thrilled to convey our enthusiasm for the collaboration with the University of Limassol. This partnership opens exciting opportunities for our members, allowing them to enhance their knowledge, engage with esteemed academics, and continue to be at the forefront of the maritime digital transformation”.
Learn more about for more information about the UoL programs at uol.ac.cy or contact the admissions office at This email address is being protected from spambots. You need JavaScript enabled to view it. or by calling 77 77 24 46.

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In a special ceremony hosted at its premises, PPA S.A. entered a partnership with the Port of Guangzhou in China, ranking among the top 10 largest commercial ports globally. The MoU was signed by the Deputy CEO of PPA S.A. Mr. Panagiotis Tsonis and the Deputy General Manager at Guangzhou Port Group Mr. Song Xiaoming.
Under this Memorandum, the governing bodies of both ports committed to enhancing their partnership, establishing a lasting alliance that anticipates present and future challenges. Furthermore, both parties pledged to escalate joint endeavors towards investments aimed at transitioning into environmentally sustainable ports and exploring innovative solutions to minimize carbon emissions. Finally, they agreed to closely collaborate on port digitization and automation, ensuring a continual exchange of expertise and cutting-edge technologies. Mr. Yu Zenggang, Chairman of PPA S.A., expressed profound satisfaction at the signing of the cooperation between the ports of Piraeus and Guangzhou. He stressed that for PPA S.A. fostering continuous development, progress, modernization and technological advancement   through the exchange of knowledge, experiences, and advanced technologies, is paramount in addressing global challenges such as climate change and is a pivotal strategy for port management and decision-making in the port of Piraeus.
The signing ceremony of the cooperation Memorandum was attended by the Mayors of Piraeus and Guangzhou, Mr. Yiannis Moralis and Mr. Sun Zhiyang, along with the esteemed Ambassador of China to Greece, Mr. Xiao Junzheng.
About PPA S.A. : Piraeus Port Authority SA is an Athens Stock Exchange listed company engaged in the management and operation of Piraeus port, Greece’s largest port and one of the largest integrated harbours in Europe, providing a complete range of services. Some of the company’s activities involve cruise, coastal (ferry/passenger), container and car terminal services, as well as general cargo, ship repair, logistic and free zone services. The main shareholder of Piraeus Port Authority S.A., with a stake of 67 percent, is COSCO SHIPPING, one of the largest maritime companies in the world.
Over the last decade the company has experienced a remarkable growth in all port activities, which is still underway, largely contributing to the country’s economy, while driven by green development and increased digitalization, alongside a people-first approach and a spirit of giving back to the society.
PPA is a member of “ECO PORTS”, holds ISO 9001:2015, ISO 14001:2015, ISO50001:2018 Certifications, is included in the Athens Stock Exchange ESG index and is one of the “Most Sustainable Companies in Greece 2022”.

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Moore Greece is immensely proud to have worked alongside the Hellenic Chamber of Shipping in developing the Guide to ESG Reporting, specifically for its members. By implementing these ESG reporting guidelines, the Hellenic Chamber of Shipping aims to drive positive change in the maritime industry, enhance the industry's reputation and access to funding, contribute to the long-term sustainability of the sector and encourage other shipping organizations globally to adopt similar reporting practices, fostering a culture of transparency and sustainability throughout the maritime industry.
Dr G. Pateras, President of the Hellenic Chamber of Shipping, announced that the Guide is made available to all members of the Chamber with the aim to “enhance the credibility of their ESG reporting, enabling stakeholders to gain a clear understanding of their efforts in environmental stewardship, social responsibility and corporate governance”. The President also expressed his ‘sincere appreciation to the dedicated team at Moore Greece who have contributed their time and expertise to the development of this guide’.Costas Constantinou, Managing Partner at Moore Greece, and Global Maritime Leader of the Moore Network stated that ‘Moore Greece has been a trusted partner to the Greek shipping community for the past 60 years, proactively responding to needs of the industry for quality and transparency in reporting to their stakeholders, whether it is financial reporting or – in this case- ESG Reporting’.
Pinelopi Kassani, Governance Risk & Assurance partner at Moore Greece stated that ‘The guidelines will provide guidance on reporting methodologies, data collection, and verification processes to ensure the accuracy and reliability of reported information. By following these guidelines, companies will be able to provide reliable and comparable ESG data, thus improving their access to funding, cost of funding and overall competitiveness’.

ELNAVI Newsletter  
More Information: ELNAVI,
19, Aristidou str., Piraeus 185 31,
Tel.: +30 210 45.22.100, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.