Thursday, May 02, 2024
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ENOC Marine Lubricants & TECHNAVA held a technical forum on April 10th, at Stavros Niarchos Foundation Cultural Center.
Ahmed Alaa, Sales Manager, ENOC Group, presented the agenda of the seminar which focused on ENOC’s technical presentation and the importance of lubricants for the marine propulsion.
Mr. Alaa said that: “ENOC keeps the flame burning by fueling and drives a better future, developing high quality energy solutions. The company has evolved to a global operator in the energy market across 60 markets diversifying its offering and has achieved sustainable development in the oil and gas industry.
ENOC was established in 1993 in Dubai and is involved in lub blending, supply and trading oil and gas products. It maintains aviation, industrial gas and retail fuels segments. In the sector of marine lubricants has formulated high quality lubricants operating two blending facilities and trading 400+ ports in 35 countries.
ENOC has value added premium lub solutions by offering technical support services, OEM approvals, single formulation, used oil analysis programs, online technical training, detailed lub instructions, surveys, on-site trouble shooting, product recommendations, etc.
ENOC provides extended life solutions, technology that helps optimize performance, reduce maintenance costs and has developed environmentally accepted lubricants.
The products are used for any type of vessels operating in all sea conditions.
Mr. Mohammed Hassan, Technical Support Manager ENOC Group, explained the functions of marine lubs and referred to the lubricants components (base oil additives, etc) and engine requirements.
He also explained the role of the engine oil viscocity which is very important because it reduces the friction and separates the moving parts of the engine.
He said that engines need optimum viscocity and total base No. which neutralizes corrosive acids. In the new era of decarbonization ENOC develops and works on new types of lubricants appropriate for engines that burn alternative fuels.
It must be noted that the New ENOC Marine Lubricants STRATACYL 540II and STRATA SM030 are EAL (Environmental Accepted Lubricants) certified.
Mr. Frank Venter (Senior Development Expert, Tribology Fuels & Lubricants) of WinGD spoke about the importance of lubricants.
He referred to WinGD lubrication & piston running concepts, main engines Marine 2s lubrication systems, oil validation process and guidelines. He explained the Functioning of the TriboSystem and the importance of lub validation.
Mrs. Stella Tomazos, managing director of Technava thanked the speaker for their contribution and refereed to ENOC’s investments strategy and expansion in the field of oil and gas.
In 2013 ENOC entered in marine lubricants following the international quality standards and investing in environmentally friendly lubricants, validated by the major manufacturers of engines like WinGD.
The next aim is the expansion to 500 ports in 32 countries all over the world with timely and reliable deliveries always at competitive prices.

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Shipping warned of increasing risks as governments struggle to contain multiplied threats ‘Areas of concern’ for marine insurers have increased sharply, according to Lloyd’s Market marine head Neil Roberts.
War risk insurers are struggling to calculate exposure at any given moment in certain volatile areas.
 ‘It’s not the same thing to write war risks in times of peace compared to wartime,’ said Frédéric Denèfle.
MARINE insurance and governments alike are struggling to deal with the sudden deterioration in the geopolitical situation that is putting merchant ships at greater risk than for a generation, according to leading insurance specialists and analysts.
“The significant shift over the past two to three years is that for the first time we have a range of actors around the world whose strategic interests are served by trying to interrupt or by targeting commercial maritime traffic,” said Dominick Donald, director at Autolycus Advisory, the UK-based geopolitical risk adviser and analyst.
There were several areas around the world where “weapons of war are being used against commercial maritime traffic to try to stop that traffic plying its normal business,” Donald told an audience at the 2024 Delphi Economic Forum, held in Greece.
“The reality is that, unless those threats are reduced, traffic will be affected and that will have ripple effects across economies, other sectors and markets,” he said. Areas “of particular concern at the moment” included the Black Sea, the Red Sea, “a perennial Iranian threat” to close the Strait of Hormuz as well as unease in East China and the South China Sea, he said.
“If a state or, in the case of the Houthis, a sub-state actor has a strategic interest in interrupting or attacking commercial maritime traffic then they will go further and for longer in pursuing those objectives than would otherwise be the case.”
But Donald underlined that the geographical situation could alter rapidly, and not necessarily for the better.
“Three years ago nobody was worried about the Black Sea,” he said. “Now everyone is.”
“There are going to be other areas of the world where local actors for the moment have no strategic interest in attacking commercial marine traffic, but that calculus may change.”
According to Donald, governments generally “do not have a very good grip” on how the shipping business functions and hence struggled to respond successfully.
“I found this to my great surprise when the Somali piracy explosion happened in 2008 and I’m not sure the situation has improved very much since then,” he said. One of the difficulties was that the commercial maritime world was dynamic and continually changing.
When a government tries to understand something that it doesn’t understand, it gets a snapshot and thinks that the email it got setting out situation A two years ago still applies. But by that time we have got to situation Z and they do not understand what’s going on and so they have to begin the whole re-education process again and again.”
With current wars, crises, sanctions and big strategic issues such as the energy transition to grasp, governments found themselves “almost always behind the curve.”
The need for states to fashion a more effective response to what is a deteriorating climate for the protection of shipping was also addressed by Neil Roberts, head of Marine & Aviation, Lloyd’s Market, and a member of the International Union of Marine Insurance Policy Forum.
The number of “areas of concern” for insurers, where they require notification from shipowners if vessels are trading there, had risen from 15 or 16 a decade and a half ago to 24 today, he said.
“We are confronted by a range of threats,” said Roberts. “Our supply chains are based on a peacetime scenario and calculated on the best economics. That’s outdated when you’ve got threats all around. “Shipping is a facilitator for international trade and insurance sits behind the shipping. You take either of those out and there is a risk of serious disruption,” he warned. Roberts acknowledged that as the risks facing shipping rise, insurance capacity may shrink.
Already, reinsurers had balked at involving themselves in the Russian-Ukraine conflict, leaving the direct market “on its own” with a resulting reduction in capacity.
Of a possible strain on capacity because of threats against shipping, Roberts said: “You can see it coming. Nonetheless there will be people willing to provide the cover, it will just be more expensive.”
On the appearance of actors ready to disrupt maritime commerce, he said that there were nations who were “pushing the legal envelope in a grey zone and they are not being stopped, so they push a little further.
“This is a live situation that’s still going on and it doesn’t look like internationally we are dealing with it very well.
“We have a just-in-time economy suited to a peacetime situation which has now become unstable while we need a just-in-case economy and we need infrastructure to support that. It’s quite concerning overall,” he said.
A proliferation of sanctions was adding to the problems, Roberts said. “When I started, the compliance team in my company was two people — we kept them in a cupboard and they never came out except at Christmas. Now it’s two floors and they tell you what you can’t do.
“It’s a complete change and it’s certainly gumming up commercial trade,” he said. “It’s on the cusp of paralysing commercial trade. “It’s an absolute problem for us as insurers cannot enforce. For actual enforcement you are relying on the states. They have to do something other than push it into the financial area and hope for the best,” he said.
Frédéric Denèfle, president of the International Union of Marine Insurance, France, said that while there had been threats to navigation in past decades, today’s geographical spread of threats and the sensitivity of an interdependent world economy “probably” made current events unprecedented.
According to Denèfle, who is also managing director of Paris-based war risks specialist Garex, actual hostilities against ships have come as “a shock” to the marine war risks market.
“It’s not the same thing to write war risks in times of peace compared to wartime,” he told the audience. “We have been insuring war risks for decades without any serious events, or at least not of this magnitude.”
Some reinsurers that were backing the direct market had already taken the position that “the situation was quite difficult to handle,” he said.
A major issue was being able to track the vessel insured against war risks and ensuring that too much exposure did not accumulate. “The truth is that we are not 100% sure of the number of ships we insure in some areas,” said Denèfle. “For example we do not exactly know how many vessels are trading nowadays between China and Taiwan. That’s a big question mark. That’s a data collection problem and we have to try to clarify this.
“We need partnership, not just with technological suppliers but also with governments when it comes to war risks.
“What we can try to do to match this situation is to enlarge the capacities and mutualise the capacities for covering war risks in a better way,” he commented.
“Instead of relying on reinsurance we would have to work together and cooperate more to expand the securities that are available for the benefit of the shipowner.”
Denèfle alluded to historical cases when governments had stepped up to act as insurers of last resort in order to protect national assets and trade. “We are also considering for those very extreme situations some form of private-public partnership to secure that kind of risk and to provide coverage when it is otherwise impossible.
“We are not there yet, but it is something to have in mind,” he said.
“As hull underwriters, we see a lot of types of risks,” said Ilias Tsakiris, chair of IUMI’s Ocean Hull committee.
“War has seriously affected the supply chain. It has showed us that in times of peace, all systems work perfectly but all of a sudden our trade routes are not safe anymore, which means our supply chains have to change.
“When we change the trade routes it automatically increases the risks because it’s an unknown,” said Tsakiris, who is also chief executive of Hellenic Hull Management. “The trade route becomes longer, increasing wear and tear on the asset, through more remote areas where salvage may not be readily available. If salvage is not readily available that increases strain on crew. When you have strained crew it increases the risk of accidents on board.
“All these may not be new risks but they are enhanced risks,” he said.

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LALIZAS acquired Revere Survival, a US-based manufacturer & distributor of liferafts and other premium survival equipment for the recreational and commercial markets; a move that marks a significant milestone in the company’s journey towards continued growth and expansion.
#thelalizasforce has already developed a strong presence in the US market since 2018 with the acquisition of LALIZAS/ALEXANDER in Houston, TX & Houma, LA (former Alexander/Ryan Marine & Safety).
In the frame of wisely seizing opportunities for growth, LALIZAS made one more strategic acquisition in order to expand its offerings on the continent of North America.
The acquisition of Revere Survival in Jacksonville, FL will allow LALIZAS to enhance its presence in the US market, leveraging the resources and expertise gained from the acquired entity. The overall communication between Alliance Marine (the former owner of Revere) and LALIZAS was exemplary during the transition period, making things move swiftly and smoothly. Their decision to depart with Revere was simply based on their focus, which is the European Market.
Jeremy Tedguy, President of Alliance Marine Group: “Alliance Marine strategy is focused on the European market with the ambition to be the primary platform for B2B & B2C distribution of parts and equipment serving both recreational boating and professional marine industries. For this reason, we are glad to see Revere joining Lalizas to continue expanding in the US market. Revere did a fantastic job, delivering a +50% growth since 2018. We thank all the team for their professionalism and strong partnership with Ocean Safety.”
Alistair Hackett, Managing Director of Ocean Safety: “We have had a fantastic working relationship with Revere Survival, working together to develop product synergies and sales across the USA. This divestment has no consequence on the servicing of our products in the US, in particular for Ocean Safety liferafts for which the current service station network will be continuously supported. To Revere’s team and Lalizas, we wish them ‘all the best’ for the future.”
“The acquisition of Revere aligns perfectly with our strategic vision and will enable us to enhance our product offerings, expand our market reach, and strengthen our position in the US market. As we move forward with the integration process, our top priority remains ensuring a seamless transition for our employees, suppliers and customers. We are committed to exploring synergies and maintaining the high standards of quality and service that our companies are known for, while also exploring new ways to drive success,” commented Stavros Lalizas, Founder & CEO of LALIZAS.
For every new acquisition made, there is an “acquisition and implementation team” formed under the leadership of Mr. Lalizas himself, which takes care of the integration process making the new business part of LALIZAS, and has the task of finding any synergies between the new business unit and the current activities of the company.
LALIZAS was founded by Mr. Stavros Lalizas on 1982, and still proudly preserves the character of a family-owned business, which continuously grows. In the past, LALIZAS has proven to be able to turn companies that acquires into even more successful and profitable businesses.
For us, Safety is not just a product, it is an ongoing process!

About LALIZAS: LALIZAS is a family owned company, whose vision is to produce high quality products that ensure safety at sea, and distribute them in international markets through its well‐established distribution network. It was founded in Piraeus, Greece, in 1982. Its product range includes lifejackets (foam-filled and inflatable) ISO and SOLAS meeting all regulations under any flag, life rafts, MOB devices and navigation lights, immersion suits, safety harnesses, IMO signs and many other marine products. All items are being manufactured and distributed in competitive prices to maritime companies, ship suppliers, chandleries, marine stores, shipyards and boat builders around the world always taking into consideration the market’s feedback. Τhe genuine care for their customers and the indispensable input of their employees, who are considered as #thelalizasforce, has resulted in the company's growth and will continue to contribute positively to the continuous development of LALIZAS.
For LALIZAS ‘Safety is not just a product, it is an ongoing process!’
https://www.lalizas.com/  

About Revere Survival: Revere Survival manufactures and distributes a premium range of safety and survival equipment, including leisure and USCG commercial liferafts and IBAs, inflatable PFDs, rescue beacons and pyrotechnics. Their products are ISO, SOLAS or USCG certified for both the pleasure boating and professional markets.

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Kallichoron Art Boutique Hotel hosted a 10th anniversary celebration event of continued business. 
Reflecting on 10 years of elevated hospitality, Maria Mavroudi, co-Founder of Kallichoron, said “I take great pride in our accomplishments over the last decade, and I want to thank everyone who has accompanied and contributed on our journey thus far – our dedicated and talented people, our guests, and especially our business partners and associates. As we celebrate this important milestone, I am even more inspired about our personalized service, our innovative approach to guest satisfaction and our commitment to sustainable practices; it is more crucial than ever to work for a more sustainable tomorrow.”
Over the past decade, Kallichoron has been dedicated to offering guests a high-end, personalised experience; pairing art, luxury amenities, and the incomparable Greek hospitality together.
Since its inception, Kallichoron has attracted guests seeking a haven for their travels than simply a place to rest. With its curated art collection, eco-friendly practice, and personalized service, the hotel has become a beloved destination for art enthusiasts and eco-conscious travelers alike.
"Our journey over the past 10 years has been nothing short of extraordinary," said Carolina Alkalai, co-Founder of Kallichoron Art Boutique Hotel. "We are incredibly grateful to our guests, staff, and partners who have supported us throughout this journey. This milestone is a testament to our commitment to excellence and our passion for creating memorable experiences. A joyful reminder to continue the hard work, alongside our valued business partners and our team, to carry on improving the tourist product and innovative services we provide, by the love and passion for what we do, and the inspiration Astypalea Island itself gives."
To commemorate this special occasion, Kallichoron Art Boutique Hotel hosted a cocktail party in the early evening of 14 April, 2024, on the impressive Ploes Floating Venue. A most glamorous night in Athens, where the hotel’s business partners, associates and repeat guests, had the pleasure of celebrating the ten years of the hotel’s successful service.
And Kallichoron’s celebrations don’t end here. The team has planned a series of events and special promotions which will run throughout their anniversary year. Guests can look forward to art exhibitions, culinary courses, and special offers that showcase the hotel's unique offerings.
As Kallichoron Art Boutique Hotel marks a decade of service, it remains steadfast in its mission to provide guests unparalleled hospitality, inspired art experiences, and a sustainable approach to luxury travel for the years to come.

A few words about Kallichoron Art Boutique Hotel

Kallichoron is an eco-labelled Art Boutique Hotel that offers breathtaking views of the island’s landscape, including the majestic Venetian castle, the famous old white windmills and the boundless Aegean Sea. Kallichoron’s ideal location, in combination with the premium service, the luxury amenities and the sweeping views, create a serene and stylish environment and ensure a memorable stay on the island of Astypalea. Moreover, its services include a premium concierge service, spa treatments, art shop, business corner, and lending library. It is a certified Bike-Friendly, a Pet-Friendly and a Green Key eco-labelled hotel.
Greek Breakfast plays an integral part of Kallichoron's offering. Guests are delighted with the homemade, award-winning "Grandma's Breakfast", curated by a dietician-nutritionist and served at their room free of charge. Notably, Kallichoron is the only hotel in Greece that has been awarded the Green Marketing Excellence Award for its breakfast service.
In 2022, in cooperation with the renowned Greek Chef Alexandros Papandreou, Kallichoron's breakfast delivery service was introduced.
Being a socially-responsible hotel, Kallichoron allocates funds from each reservation and through its "Room2Give" CSR initiative, actively supporting local community projects for children and young adults where possible. All these actions reflect Kallichoron’s commitment to run sustainably and offer high quality services to its guests.

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Over 85 shipyards from 26 countries already confirmed to showcase vessel design and production innovations from June 3-7
Greece’s revitalised shipbuilding industry will be prominently represented during Posidonia 2024, signalling a strong recovery following decades of decline and disrepair. The sector’s Greek renaissance is on the cards after the completion of the consolidation of the country’s shipbuilding units in Syros and in Elefsina, and also due to the restart of Skaramangas shipyard and the increased activity in Halkida.
Neorion Shipyard in Syros and Elefsis Shipyard have repaired over 500 ships, foreign and Greek-owned, since the New York-based ONEX Shipyards and Technologies group took over their operations in 2019. Combined with further domestic output from other ship repair and shipbuilding operations, Greece is now seen as an important contributor to European shipyards’ annual production value of around €43 billion, which comprises a collective civil and naval orderbook value that surpasses that of their Asian counterparts.
"Greece is resurfacing as a credible shipbuilding cluster for vessel repair, conversion and potentially for the construction of newbuildings for Greek and international shipowners and naval forces. This revival follows decades of underperformance and underinvestment, marked by the absence of a strategic vision," said Theodore Vokos, Managing Director, Posidonia Exhibitions S.A., the organiser of the world’s most prestigious shipping exhibition.
Through a slate of strategic partnerships and multimillion investments, Greek shipyard operators and the Greek government are making a statement of their long-term commitment to a sector estimated to currently account for 1% of the nation’s GDP. The sector’s revival will further strengthen both the country’s economy and security. Partnerships will amongst others include naval projects, as the Greek government discusses with the US the joint design and co-production of the new generation of Constellation frigates, while increased activity in the shipyards will empower and support Greek maritime equipment manufacturers, further enhancing Greece’s contribution to Europe’s 50% market share and global dominance in marine equipment manufacture and supply.
Ahead of Skaramangas Shipyards’ comeback to the Posidonia Exhibition, recently appointed Chairman Miltiadis Varvitsiotis has stated his lofty ambitions to transform the facility into a multi-million contract-winning operation capable of capturing a share of the action. He said: “Since 2010, the shipyard was exclusively involved in the repair, maintenance, and upgrade of the Hellenic Navy’s fleet. Now, with new ownership and management, we are ready to present our world-class infrastructure and state-of-the-art equipment for heavy and specialised repairs. We are going to promote our future plans and explore the possibilities of undertaking important and sophisticated new building projects.”
The company intends to make full use of the existing infrastructure comprising some of the largest drydocks in the Mediterranean, capable of drydocking VLCC, LNG carriers and aircraft carriers. Skaramangas has been investing in the gradual upgrading of facilities, strengthening fire safety and firefighting systems, and re-operating a large tank that has been inactive for about 20 years.
In general, Greek shipyards are investing in areas designed to improve their competitiveness and attractiveness, mainly to Greek shipowners who currently contribute 80% of Greek ship repair and new build activity. The ONEX group's business plan includes investments worth $550m for the shipyards with the goal of boosting repair operations to 300 vessels per year. Panos Xenokostas, President & CEO, ONEX, said: “Our goal is to transform the historic shipyards into a modern maritime hub for the greater Mediterranean region. We aspire for both Elefsis and Syros Shipyards to become the first choice of those seeking quality, speed, and personalised service, while adhering to relevant security protocols and always taking into consideration the transition to a sustainable maritime model.”

ONEX aims to transform its shipyards into a hub supporting commercial shipping horizontally, energy transition, defense platforms, and industrial solutions, leading the entire industrial ecosystem of the region and strengthening both the economy and the geopolitical position of Greece.
At the same time, Chalkis Shipyard is investing in the installation of photovoltaic systems to power shipyard needs and those of vessels either berthed or docked at its facilities and is proceeding with infrastructure works for newbuilding capabilities of specialised vessels up to 100m in length. Its goal is to expand operational capabilities to about 240 vessels annually, serve ships of larger capacity, and build small ships with new technology. “In addition, we have trained our personnel and keep investing in a skilled workforce who can install green energy systems like scrubbers and new technology propulsion systems on vessels. In the last years we have completed the installation of scrubbers in a number of vessels,” said Ashraf Bayoumi, CEO, Chalkis Shipyards, which is preparing for its eight Posidonia Exhibition participation.
Furthermore, private and institutional investors are seeing the opportunity presented by Greece’s geographic location, maritime heritage, commitment of the Greek ship owning community, and political will to fund the sector. The recent acquisition of Skaramangas’ by shipowner George Prokopiou and the US International Development Finance Corporation’s $125m loan to Elefsis Shipyards and Industries (ONEX) demonstrate strong investor interest in the Greek shipbuilding sector.
As advancements in maritime technologies gather pace, Greek shipyards have an opportunity to adopt and seamlessly integrate new Artificial Intelligence, Green Energy and Automation Innovations across their operational capabilities to introduce efficiencies, further improve productivity, enhance appeal, and strengthen their orderbooks.
Chalkis Shipyards is already applying new technologies and using digitalisation in programmes related to design for repairs, new constructions, and Customer Relations Management (CRM) platforms. It is implementing 3D model programmes with the relevant equipment in which it is investing, while seeking new ways to introduce AI across the business to optimise operations and automate tasks.
Skaramangas is involved in emission-reducing technologies and scrubber installation, while exploring potential synergies for the development of new ship designs incorporating the new generation of green fuels.
“A strong shipbuilding sector creates the conditions for upgrading national defence, contributes decisively to the national economy and the green transition and strengthens Greece's position in the regional geopolitical arena through the implementation of major projects with international significance,” said Xenokostas.
Over 85 shipyards from 26 countries have already confirmed their participation in Posidonia 2024, which will take place from June 3-7 at the Athens Metropolitan Expo.
Posidonia 2024 is organised under the auspices of the Ministry of Maritime Affairs & Insular Policy, the Hellenic Chamber of Shipping, and the Union of Greek Shipowners, and with the support of the Municipality of Piraeus and the Greek Shipping Co-operation Committee.

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With total Revenues $360m, total assets $1.2bn και total profits $135m the three listed companies of Vafias Group, StealthGas, Imperial Petroleum & 3Cis recorded a dynamic activity during 2023.
Also, the group unstoppable continues with the purchases of dry cargo vessels and announces 2 more supramaxes purchased last month, the “AULAC VANGUARD” and the “AMIRA MIRO”, both of Japanese construction built in 2012.
In the last year, the group has bought 17 dry cargo ships and in particular eight capes, two kamsarmax, three handies and four supramax.
The most impressive fact is that all vessels are Japanese-built as the group has left China since 2010 when it built four aframaxes at New Times and one capesize at SWS.
Also, it must be reminded that of the five shipping companies in the group, four are without bank loans, while StealthGas has only 15% debt.
The group still has two newbuildings 11,000cbm VCM carriers each to take delivery from Japan in 2025 and 2026. While it has just taken delivery of the last of five 40,000cbm Ammonia carriers from Hyundai in Korea named “ECO ENCHANTED”.
Also, Vafias group supports the effort to revive the Greek shipbuilding industry and announces that it has already done more than twenty ship dockings in Chalkida and another three at ONEX in Syros.
After the last purchases the total tonnage of the group approaches 6m dwt.

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Following the traditional values and principles of Greek shipping, Cypriot shipowner Charalambos Mylonas, with the undivided support of his wife Chariklia, marked a creative and respectable 50-year course in the field of shipping which is today continued successfully by the next generation of Mylonas family.
This important anniversary was recently celebrated at the offices of the Transmed Shipping company in Ekali in the Northern Suburbs of Athens.
The hosts of the touching event Katerina and Nicole Mylonas, daughters of the founder, welcomed with great pride the distinguished guests who had the opportunity to watch an impressive video with the story of the charismatic and dynamic personality of Charalambos Mylonas and his wife who started from scratch building a remarkable shipping group.
The guests, friends and associates also received a luxurious album with the 50-year journey of Transmed, the founder and his wife.
It should be noted that the album was published by ELNAVI under the diligence of co-publisher Theano Kalapotharakou and the collaboration of the graphic designer Maria Kardamenis.
The event was honored by the Bishop Nikolaos of Mesogaia, Father  Alexios, the Deputy Minister of Shipping of Cyprus Mrs. Marina Hadjimanolis, the ship owners George Prokopiou and Thanasis Martinos, Panos Laskaridis,
Andreas Hatzigiannis, Dimitris Prokopiou, Nikolaos Vafias, Evangelos Angelakos, Haralambos Fafalios, representatives of registries, class societies, friends, associates, company employees, well known shipowners and shipping personalities.
As Katerina & Nicole Mylonas mentioned in their speeches: “Our parents started their careers as lawyers in the city of Famagusta in 1970 representing the interests of Greek shipping companies and mainly the Martinos family shipping operations. In 1974, after the Turkish invasion of Cyprus, they moved as refugees to Greece, where with the help of many friends from the shipping industry started their own maritime adventure building a credible and well established shipping group that is involved mainly in the field of dry cargo and oil transport.
Excited Charalambos Mylonas in his message to the friends of the company emphasized that: "The road of shipping is not easy. We fought it with courage and determination. I declare that with any means I will not retire being present in the next 50 years of Transmed".
He thanked his wife Hariklia, his daughters Katerina and Nicole, his son-in-law Ilias Angelakos who all have successfully taken over the reins of the business.
He also thanked all the friends and associates who welcomed them in Greece working hard for 50 years with understanding and mutual benefit.
Extensive reference was made to the contribution of Charalambos Mylonas as president of the Cypriot Shipowners' Union where in 1981 a collective agreement was signed with ITF implemented on Cypriot-flagged ships.
Other emblematic milestones of Transmed were the company’s certification with the ISM Code, the first orders of newbuilding vessels in 1996 and the social contribution of Mylonas family which includes the establishment of the Palliative Care Centre "GALILEE" in the area of responsibility of the Holy Metropolis of Mesogaia and Lavreotiki for terminally III cancer and ALS patients, and the construction and restoration of churches in Kastellorizo, Agathonisi and Jerusalem in the Holy Sepulcher.
Looking forward, Transmed will continue to make its way through calm and choppy seas, always guided by its legacy of perseverance, innovation and strive for excellence.

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Following the continuous changing shipping landscape the dry bulk sector strives to address the challenges and opportunities that have been created by the new environmental regulations, emerging technologies and the adoption of alternative fuels.
With the aim to help Greek shipping companies in their decarbonization journey and inform them for the latest developments in bulk carrier designs and operation, ABS held its Bulk Carrier Forum in Kavouri of Athens bringing together leaders and experts from the maritime value chain who discussed the energy transition and decarbonization goals that will shape the low-carbon future of bulk carriers and drive market grow.
Elias Kariambas, Vice President of Business Development in Greece of ABS welcomed the guests and presented the agenda of the forum.
Vasileios Gkikas, Director, Business Development, Global Lead on Bulk Carriers, ABS referred to the key factors of the Bulk Carrier segment such as the carbon neutral/ zero alternative fuels, standardized and streamlined designs, operational reliability availability and flexibility, crew awareness, multitude solutions approach, global uniformity vs regional regulations, access to financing, dry bulk owners spread, commodity sensitivity and China’s and India’s economic growth.
Stamatis Fradelos, Vice President of Regulatory Affairs of ABS presented the latest regulatory developments such as the IMO GHG Reduction Strategy. He observed they the shipping industry has become more efficient in terms of energy consumption however the air emissions are increasing because of the favorable market conditions.Mr Fradelos also examined the issues of mid- term measures, lifecycle guidelines of marine fuels, amendments to SEEMP, ECA standards, EU-ETS, FUEL-EU.
The Development of SDARI Bulk Carrier Design 2024 were discussed by Zhang Zhuo, Deputy Director, SDARI.
Bulk Carriers Challenges and Survey Trends were elaborated by Leonidas Noulas, Lead Surveyor of ABS.
A Panel Discussion with Key Stakeholders was conducted by Vasileios Gkikas regarding the Perspective and a Pragmatic Approach.
Panelists included Panos Zachariadis, Technical Director, Atlantic Bulk Carriers, Dimitrios Fafalios, Director, Fafalios Shipping, Nicholas Logan, Asset Deal Originator, Cargill Ocean Transportation and Basil Sakellis, Managing Director, Alassia Newships Management Inc.
Dimitrios Fafalios told that the sector must preserve its operating model and treated as Containerships and LNG Carriers and not fighting each other. He also expressed his concern if a ship that will be built in 2026 will continue to be operating in 15 years from now.
Basil Sakellis pointed out that energy transition is the biggest challenge of shipping as we are called to change the way we operate and maintain our vessels therefore we have to work more closely all together involved in the shipping industry addressing the issue of zero emissions.
Moreover he agreed that Greeks will thrive in the future provided that Europe stops shooting itself and penalizing European shipping.
Panos Zachariadis expressed his optimism about the effectiveness of the vessels’ designs and outlined what fuel looks green today may not look green tomorrow.
Nicholas Logan stated that charterers as Cargill are determined to lead the energy transition by incentivizing shipowners and sharing new ideas with them such as the adoption of renewable energy from wind and solar sources.

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We are experiencing very interesting times in the fields of technological developments and energy transition in shipping therefore it is essential to ensure collaboration to find the appropriate strategies optimal solutions and achieve operational sustainability.
As we enter in a decarbonization era we need to prepare ourselves how to handle new technologies and new fuels. The above messages were sent by the speakers and the managing director of SAFETY4SEA Mr Apostolos Belokas at GREEN4SEA Athens Forum.
The 1st panel of the forum examined the following topics: How EU legislation challenges the maritime industry, The EU ETS scheme: Understanding the regulatory framework
EU MRV: Application & timeline and its relation to the EU ETS, Key requirements of FuelEU and other emissions regulations, Why accurate and transparent reporting matters.
The panel included the following speakers: Andreas Philippou, CEO, Dromon Bureau of Shipping, Dr. John Kokarakis, Technical Director, SEEBA Zone, Bureau Veritas, Konstantinos Vlachos, Chief Technical Operations Officer, Castor Ships S.A., Stylianos Psillakis, Technical Director, Columbia Shipmanagement Ltd.
The 2nd panel addressed the uncertainties in the decarbonization journey, Emerging technologies & innovation, Industry’s needs to facilitate the transition to low-carbon shipping, Long-term goals for decarbonizing the shipping industry.
Panel’s speakers as follows: Nikos Kakalis, Global Bulk Carriers Segment Director, Lloyd’s Register Dr. Harilaos Psaraftis, Professor Emeritus, Technical University of Denmark Dimitris Tsoulos, BLUE CONNECT Sales Director, ERMA FIRST Capt. Konstantinos G. Karavasilis, Regional Director, Loss Prevention, UK P&I Club.
The 3rd panel addressed the issues of safety challenges, Bunkering & latest revision of ISO 8217 standard, assessing availability & readiness, Incentives and regulatory mechanisms for the uptake of alternative fuels. The issues were discussed by Bill Stamatopoulos, Global Business Development Director, VeriFuel, Panos Zachariadis, Technical Director, Atlantic Bulk Carriers Management Ltd, Alexander Prokopakis, Executive Director, IBIA.
Panel #4 examined Best practices for Ship Performance, How to enhance vessel performance, Environmentally friendly sustainable solutions, Focus on modern propulsion schemes, Flexibility and capability towards IMO 2030/2050.
The following speakers commented on the above topics: Tom Evensen, Regional Category Manager Hull Performance, Jotun, Philippos Sfiris, Head of Go-to-Market Strategy and Vessel Performance, GIT Coatings, Philippos Giannakos, Senior Sales Manager, Shipping Solutions, South Europe, Middle East and Africa, NAPA, Mats Nyfors, General Manager, Decarbonization & Cooperation, Wärtsilä.
The 5th panel discussed the Circular economy for sustainable shipping, how to ensure a profitable circular economy within ports, ship recycling challenges and regularoty update, how to modernize waste management in shipping and key consideration for industry’s transition to a circular economy.
Panel speakers were Vincent Favier, CEO, ECOSLOPS S.A., Dr.  Konstantinos Galanis, Chairman, International Ship Recycling Association & Georgios Plevrakis, Group CEO, HEC Group.
A focus presentation followed with the theme of the Decarbonization Footpath – We need to be realistic made by John N. Cotzias, Projects & Finance, Xclusiv Shipbrokers.
The Panel #6, The Green Transition from Ship Managers’ perspective was moderated by Apostolos Belokas, Managing Editor, SAFETY4SEA.
The following topics was included: How collaboration supports industry’s green transition, Achieving a just and equitable transition towards net zero, Addressing the human factors: New skills & training methods, Green shipping initiatives for a sustainable future.
Panel speakers were Takis Koutris, Managing Director, Roxana Shipping S.A., George Souravlas, Founder & CEO, Load Line Marine S.A, Basil Sakellis, CEO, Alassia NewShips Management Inc., Dimitris Patrikios, Advisor to the Managing Director, V.Ships Greece Ltd. and John N. Cotzias, Projects & Finance, Xclusiv Shipbrokers.
The speakers noted that we have to be prepared for the unknown. Therefore new ships must be ready to accept retrofit projects. If shipowners wait for the last moment they must be prepared to pay a huge conversion cost.
In particular Mr. Sakellis said that he is proud for his participation in the decarbonization journey.
Imagine that in 30 years we will say to our grandchildren about all these black dirty things the ships used to burn.
Mr. Patrikios also mentioned: “I didn’t see a shipping company to be bankrupt by the regulations.  Therefore, I am not afraid of the great cost that the regulations will bring to the operation of our ships”.
Concluding, the speakers agreed that the teamwork and the involvement of all shipping stake holders is essential to find the ways to adapt to the energy transition.

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On Friday, April 5th, two cutting-edge double level luffing jib shipbuilding cranes arrived at the Port of Piraeus. They are soon to be unloaded and installed at positions 1 and 2 within the Perama Ship Repair Zone.
Equipped with a lifting capacity of 40 tons each, these state-of-the-art cranes are reshaping service offerings within the ship repair zone. With the capability to accommodate vessels up to 55 meters in height, they mark a new era, ending decades of reliance on mobile cranes in the Perama zone, which previously lacked quayside cranes.
It is noted that the procurement of these specific cranes, with a total value of approximately 8 million euros, is part of the investments that PPA S.A. is implementing for the upgrade and renovation of the Ship Repair Zone equipment, in accordance with the concession agreement with the Greek State.
Following the arrival of the cranes, PPA Chairman Yu Zenggang expressed his satisfaction, highlighting the significant upgrade they represent for the Perama Ship Repair Zone. He emphasized their capacity to accommodate a wider range of vessels, underscoring the strategic importance of PPA S.A.'s ongoing investment efforts. This commitment, he emphasized, solidifies Piraeus as a leading and competitive port in the Mediterranean and Europe, offering comprehensive port services. 
Crane unloading, which is implemented according to detailed plans and standards, is scheduled for the coming days, following the completion of all requisite preparatory tasks.

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