Signal Ocean acquired Lgmar, the Athens-based company behind Telix, a maritime email and communication platform in daily use across the shipping community since 1989.

The acquisition is the latest step in Signal Ocean’s commitment to extend its offerings from market intelligence into the communication workflows where fixtures, operations and post-fixing actually take place.

Signal Ocean's technology, data and AI capabilities combined with Lgmar’s expertise, will provide a transformative service to the industry.

‍Ioannis Martinos, CEO of Signal Ocean said “email is an important part of the shipping workflow. Lgmar has spent 37 years earning the trust of this market by getting the details right - the things that matter if you work in shipping. That understanding is what we are bringing into Signal, and the immediate priority for clients of both companies is continuity.”

Email remains a core working tool of the shipping industry, and the point where market data, counterparties and decisions meet. Signal's investment in maritime communication reflects its conviction that shipping technology needs to meet the industry where the shipping work is being done.

"We built Telix by listening to shipping people and solving the problems they faced," said Helen Skourtis, Managing Director of Lgmar. "What mattered in choosing our next step was finding a home that understands that."

"Signal is a company born inside this industry that values the same things we do; the product, the team, and the clients who have stood by us for decades. One of the main qualities Signal holds is thinking ahead of the industry, while having the technical depth to back it up.”

The acquisition deepens Signal Ocean's investment in the daily working tools of commercial shipping, while advancing a longer-held conviction: that the intelligence behind a decision and the place it is taken belong in the same system.

‍About Signal Ocean - Signal Ocean is the technology arm of The Signal Group and the creator of the Signal Ocean Platform. The platform enables charterers, brokers, and shipowners to securely process, combine, and analyze a complex array of private and public data on shipping and commodities. Powered by a rich set of machine learning and artificial intelligence technologies, Signal Ocean processes available data to deliver customized, exclusive insights for smarter, faster, and more informed decision-making. Founded in 2014, the company is headquartered in London with offices in Athens, Singapore, Paris, Sofia and Hamburg. In 2026, Signal Ocean acquired AXSMarine and Alphaliner. The Signal Group is a diversified shipping services organization supported by a world-class mix of commercial shipping professionals, product managers, data scientists, and engineers. The wider group operates Signal Maritime Services, which combines best-in-class commercial ship management with in-anger use of advanced analytics to run a leading Aframax tanker pool, and Signal Ventures, a strategic investment arm focused on incubating, accelerating and investing in next-generation shipping software and technology.

‍About Lgmar - Lgmar is a software company developing highly specialized email and communication products for the shipping industry, by a team of dedicated experts in computer science and maritime business. LgMAR, founded in 1989 and based out of Athens, Greece, serves several hundreds of clients and thousands of users mainly in Greece, as well as in a number of other world regions. Their products are being used by most of shipping personas, including ship owners, ship managers, ship brokers, ship agents, operators, banks, insurance brokers and manning agents.

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Reinforcing its commitment to global maritime safety and fleet quality, the Panama Maritime Authority (PMA) and the General Directorate of Merchant Marine successfully hosted the Recognized Organizations (RO) Annual Meeting 2026 in Athens. The high-level gathering brought together representatives from 29 Recognized Organizations worldwide to discuss strategic cooperation, information sharing from Port State Control (PSC) inspections, and the implementation of modern statutory requirements.

Strengthening Strategic Alliances

Opening the proceedings, H.E. Julie Lymberopulos, Ambassador and General Consul of Panama in Greece, highlighted the PMA’s dedication to maintaining strong, transparent, and effective relationships with Recognized Organizations. Her Excellency emphasized the pivotal role of the General Consulate in Greece and the Segumar Piraeus office in maintaining the highest standards of maritime safety, operational integrity, and service to the global shipping community.

Providing a comprehensive flag state overview, Mr. Ramon Franco M., General Director of Merchant Marine at the Panama Maritime Authority, expressed deep appreciation for the strategic partnership with ROs. Detailing the registry's milestones—from its establishment in 1925 to Law 57 in 2008—Mr. Franco noted that the Panama Ship Registry currently controls 7,640 vessels totaling 193.8 million Gross Tonnage (GT), representing approximately 11% of the global fleet. Supported by 54 consular offices and 14 fully operational Segumar units worldwide, Panama continues to prioritize quality and compliance over pure tonnage growth.

Fleet Monitoring and Regulatory Compliance

A key focus of the conference was Panama’s proactive stance against high-risk shipping practices, including shadow fleet operations. Mr. Jose A. De Gracia B., Head of the RO Oversight Department, outlined updates to the regulatory framework and audit mechanisms. He underscored that Panama has achieved a significant reduction in casualties through Preventing substandard or high-risk vessels from entering the registry, Ensuring continuous monitoring and early detection of operational risks, Leveraging Segumar’s global network to improve PSC performance across all major MoU regions.

Complementing this, Mr. David Miranda, Chief of Port State Control at PMA, emphasized that Panama expects rapid responses, technical depth, recurrence control, and active communication from ROs during surveys. Meanwhile, Mr. Jose Racines, Head of SEGUMAR Piraeus, presented the PMA’s Fleet Monitoring Programme, demonstrating how continuous surveillance enhances safety standards.

Technical Innovations and Modern Regulations

The technical agenda featured prominent class society experts:

 Mr. Juan Strahm (Global Technical Client Care Principal Specialist, Lloyd's Register) detailed the implementation of upcoming SOLAS requirements for lifting appliances.

Mr. Louis O'Donnell (Senior Director Flag & Statutory, American Bureau of Shipping) discussed the integration of Remote Surveys and Remote Inspection Techniques (RIT) into the Enhanced Survey Programme (ESP) Code.

The event reaffirmed Panama's evolution as an active, tech-driven, and safety-oriented flag state, working hand-in-hand with Recognized Organizations to meet the demands of a changing maritime landscape.

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‘Distinction’ is a next-generation cyber insurance solution designed specifically for current and future Navarino Group customers

Oneglobal Broking, a leading innovator in specialty risk solutions, launched the ‘Distinction’, a next-generation cyber insurance solution designed specifically for current and future Navarino Group customers and its cyber risk landscapes.

The new, unparalleled offering provides shipowners, operators, logistic providers, and marine service companies with tailored protection against the rapidly evolving landscape of cyber threats impacting global maritime operations. Navarino Group customers appreciate preferential market terms and conditions (price, coverage, limits) on Distinction, following an audit that found Navarino systems and IT infrastructure best in class in terms of protection against cyber threats.

As digital transformation accelerates across the maritime sector, cyberattacks on operational technology (OT), navigation systems, cargo platforms, and critical infrastructure have become increasingly sophisticated and disruptive. ‘Distinction’ addresses these emerging risks with industry-specific pre-incident assessment, physical and non-physical coverage, proactive risk management services and rapid-response incident support.

‘Cyber risk has become one of the defining operational challenges facing the maritime industry’ said George Tsavliris, Non-Executive Chairman, Oneglobal Broking for Greece and Cyprus. ’We are bringing together deep cyber expertise and maritime insight to help organizations strengthen resilience, safeguard operations, and navigate today’s complex threat environment with confidence’.

‘Cyber resilience is no longer optional in the maritime industry. By combining our Navarino Products with bespoke cyber insurance and expert cyber incident management, we ensure that our customers are not only protected against evolving threats, but are equipped to respond, recover, and continue operating with confidence when disruptions occur’, said Dimitris Tsikopoulos, CEO Navarino.

The new solution includes:

- Comprehensive first and third-party cyber insurance coverage for physical and non-physical losses tailored to the maritime industry;

- Protection for both IT and operational technology (OT) environments;

- Incident response and recovery support available 24/7;

- Access to cyber risk assessments, quantitative modelling and preventive security services;

- Coverage designed to align with evolving maritime cybersecurity regulations and best practices;

- Market leading insurance terms and conditions for customers using Navarino Group digital plaftorms. IT and Cybersecurity Services;

The launch comes at a critical time for the global maritime sector, as increased connectivity, automation, and digitalization exposes vessels, port operations and offices to greater cyber vulnerability. Industry regulators and international bodies have also intensified focus on cyber security and preparedness and compliance.

‘Maritime organizations need more than generic cyber insurance’, added Manos Sofronis, CEO, Oneglobal Broking for Greece and Cyprus. ‘They need a solution built around the realities of maritime operations – from office and fleet management operations to port logistics ‘Distinction’ was created to meet those exact needs’.

Oneglobal Broking developed the solution in collaboration with cybersecurity specialists, notably Peter Hacker, marine risk experts and cyber insurance stakeholders out of Lloyds and the Navarino Group to ensure comprehensive protection that reflects the unique operational and regulatory challenges of maritime businesses worldwide.

‘Maritime resilience starts with a powerful combination: cybersecurity to withstand cyber threats and cyber insurance to recover when they strike’, added Peter Hacker, a globally renowned Expert in Cybersecurity, Cybercrime and Risk Management.

‘Distinction’ is now available globally via Oneglobal Broking, its distribution partners, brokers and direct channels.

About Navarino Group

Navarino is a leading global provider of critical technology and connectivity solutions for the maritime industry. Serving over 650 shipping companies and 13,000 vessels worldwide, Navarino operates from 15 strategic hubs, including UK, Greece, USA, Japan, Cyprus, Germany, Norway, UAE, Singapore and Hong Kong. With the most comprehensive suite of solutions on the market, Navarino empowers shipping companies to stay connected, secure, and efficient at sea. Key aspects of the company’s operations include among others:

- Digital Plaftorms: Navarino is the developer of Infinity, a highly deployed, Linux-based bandwidth optimization and smart-box system installed on thousands of vessels globally.

- Cybersecurity & IT: The group offers Angel, a managed cybersecurity plaftorm built for enterprise-grade defense at sea, and Quazar, an IT-as-a-service infrastructure program.

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Bernhard Schulte Shipmanagement (BSM) appointed Andreas Solomonides, currently Managing Director of BSM Cyprus, to lead the integrated Ship Management Centre BSM Cyprus and BSM Hellas. The change will take effect on 1 January 2027. 

Bringing BSM Cyprus and BSM Hellas together under one leadership will strengthen collaboration across both locations and make better use of their combined capabilities. Customers will continue to work with their existing contacts and benefit from the same services and local expertise.

“Andreas brings extensive operational experience, a deep understanding of both organisations and a strong commitment to our customers. His appointment provides clear leadership for BSM Cyprus and BSM Hellas while preserving the trusted relationships, services and local expertise our customers value. Having worked closely with both businesses throughout his career, he is well positioned to lead the continued development of our operations in Greece and Cyprus,” said Sebastian von Hardenberg, CEO of BSM.

Originally from Athens, Solomonides joined BSM Hellas as a Technical Officer in 2005 and has since held several senior roles, including Technical Superintendent, Fleet Manager and Deputy Managing Director of BSM in Greece and Cyprus. He also founded a maritime advisory service, providing customised and specialist technical advice.

Theophanis Theophanous, Managing Director of BSM Hellas since 2005, will become Non-Executive Chairman of BSM Cyprus and Hellas. “In this role, Theophanis will support a smooth leadership succession. I would like to thank him for his outstanding contribution over more than two decades and for his continued commitment to BSM Cyprus and BSM Hellas. He has been instrumental in establishing BSM Hellas as a trusted partner to customers and an employer of choice in Greece and achieved phenomenal growth and quality of service delivery in certain key vessel segments, especially in LNG,” von Hardenberg added. 

Photo 1 - Andreas Solomonides, currently Managing Director of BSM Cyprus, has been appointed to lead the integrated Ship Management Centre BSM Cyprus and BSM Hellas, effective 1 January 2027. ©BSM  

Photo 2 - Theophanis Theophanous, Managing Director of BSM Hellas since 2005, will become Non-Executive Chairman of BSM Cyprus and Hellas, effective 1 January 2027. ©BSM

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“Safety, competence and crew protection in focus”

Shipping is facing multiple pressures at the same time, from growing operational and regulatory complexity to geopolitical conflict and increasing risks for seafarers. These challenges do not exist in isolation; they increasingly converge onboard, directly affecting crews’ ability to operate safely, maritime experts noted during SAFETY4SEA’s landmark annual event in Athens.

The 17th SAFETY4SEA Athens Forum took place on Thursday, 8 October 2026, at the Lighthouse of the Stavros Niarchos Foundation Cultural Center in Athens, bringing together maritime professionals to discuss three closely connected priorities for safer shipping: strengthening operational controls, preparing maritime professionals for changing competence requirements and protecting crews amid increasingly complex operational and geopolitical risks.

Welcoming delegates, Apo Belokas, Founder & Managing Editor, SAFETY4SEA, said: “Shipping today is managing multiple challenges at the same time. Regulation is becoming more complex, technology is advancing rapidly, geopolitical risks are placing new pressures on ships and crews, while human performance remains at the heart of safe operations. Through this Forum, our aim is not simply to identify these challenges, but to bring the industry together to discuss what can practically be done to make shipping safer.”

The event featured three expert panel discussions, interactive dialogue with delegates, audience questions and live polling, alongside presentations from the panelists.

Panel #1: Operational Safety, Loss Prevention & Safety Culture

Anthony Gardner, Loss Prevention Manager, Britannia P&I Club, discussed the adopted amendment to the Load Lines Protocol, outlining the key changes compared with the current version and noting that the new requirements will not apply to existing ships. As vessels operating under the currently permitted conditions will remain in service for many years, he also highlighted that a number of other regulations do not apply retrospectively to older ships, raising the question of whether some requirements should nevertheless be considered voluntarily where appropriate.

Drawing on insights from a recent Survitec white paper, Jan-Oskar Lid, Technical Sales and Support Manager at Survitec, examined the growing safety and commercial risks associated with an ageing global fleet. He highlighted how seemingly minor deficiencies can escalate into significant operational, financial and potentially human consequences, while outlining practical ways for shipowners and operators to mitigate exposure. His key recommendations included proactive leadership, preventive maintenance and close cooperation with qualified safety service providers to strengthen reliability and reduce avoidable risk.

Capt. Nikos Taktikos, Consultant, The American P&I Club, explored how the everyday actions and behaviours of Masters and Officers can shape a strong and lasting safety culture onboard. Using real-life examples, he addressed the importance of leading by example, supporting stop-work decisions and near-miss reporting, conducting effective toolbox talks and recognising the impact of fatigue and wellbeing. His presentation underlined the need to move beyond training and awareness alone and turn good safety practices into consistent behaviours and habits onboard.

In his presentation, Ioannis Papaefthymiou, Managing Director, Anschuetz Panama, highlighted the role of a COLREG-compliant collision and grounding avoidance system in enhancing navigational safety while reducing operational and economic exposure. Drawing on a company example, he explained how such technology can support crews by reducing fatigue and providing continuous situational awareness through optical and infrared cameras. At the same time, he noted its potential to deliver longer-term value by helping operators identify and mitigate navigational and operational risks.

Building on these presentations, the discussion examined how operational safety is increasingly influenced by geopolitical exposure, competence gaps, rapid technological development and persistent human-factor challenges. Anthony Gardner pointed to the risks facing seafarers and merchant ships operating amid geopolitical conflict, while Jan-Oskar Lid raised concerns over the quality and consistency of safety-equipment inspections and the need for competent service providers and stronger standards. Capt. Nikos Taktikos focused on the challenge of keeping human competence aligned with increasingly advanced systems, arguing that training must strengthen understanding, judgement and practical decision-making rather than simply encourage compliance with procedures.

Ioannis Papaefthymiou noted that shipping is at a transition point where regulatory complexity and emerging technologies are placing greater demands on both ship managers and seafarers. He called for smarter solutions to be adopted more proactively, not to replace people but to reduce complexity and support better decision-making onboard. Moderator Apo Belokas challenged the industry to move beyond repeatedly identifying the same problems and towards practical action, noting that issues such as fatigue have been discussed for years without being adequately addressed.

Panel #2: Human Factors, Training & Future Competence

Sakis Bourlios, Sales Manager, Mintra, explored how maritime learning can evolve beyond compliance and course completion towards a more competence-focused and data-informed approach. He discussed how targeted development, AI and predictive learning can help identify competency patterns, anticipate emerging requirements and create more personalised learning pathways. By enabling organisations to make more informed development decisions and address skills needs proactively, he argued, these tools can help build more capable and better-prepared crews across the maritime workforce.

Capt. Ioakeim Diplas, Learning Solutions Manager & Subject Matter Expert, OneLearn Global, stressed that regulations, procedures and compliance frameworks such as STCW, MLC and SIRE 2.0 provide essential foundations, but safe operations ultimately depend on people. Factors including fatigue, workload, communication and workplace conditions influence how tasks are performed in real-world situations. He therefore advocated moving beyond a narrow focus on compliance and inspection readiness towards competence, continuous development and observable performance as stronger indicators of genuine operational preparedness.

Danna Ocado, Management Information Systems Manager, I.M.A. ASSESSMENT AND TRAINING CENTER, INC, examined how artificial intelligence can strengthen maritime training, assessment and continuous professional development. She explained how AI can identify individual competency gaps, tailor learning to specific needs, support scenario-based assessment, improve access to operational knowledge and enhance simulator training. At the same time, she stressed that technology should support rather than replace qualified instructors, assessors and seafarers, with human judgement, leadership and accountability remaining essential to effective learning and safe operations.

In the discussion following the presentations, two additional experts joined the panel: Capt. John Sideris, Deputy Fleet Operations Manager, Piraeus Office, IRI/The Marshall Islands Registry and Andreas Travlos, Technical Fleet Manager, Columbia Shipmanagement.

The discussion examined how the industry can move from training and certification towards demonstrable competence in real operating conditions. Capt. John Sideris stressed the importance of continuous assessment and the use of operational evidence – from Port State Control, flag inspections and SIRE 2.0 to near misses and onboard evaluations – to identify training needs and monitor performance over time. Andreas Travlos argued that competence has improved, but training now needs to become more individualised, particularly for junior ranks, with constructive feedback used to identify specific gaps rather than relying on a one-size-fits-all approach. Sakis Bourlios similarly emphasised that competence must ultimately be demonstrated through performance onboard and under real operational pressure, while Capt. Ioakeim Diplas called for training to be more closely connected to actual shipboard risks, duties and the needs of individual seafarers.

The conversation also turned to the conditions needed to develop and retain the future maritime workforce. Danna Ocado highlighted psychological safety and soft skills, stressing that new technologies should be seen as tools that support seafarers rather than simply adding to their workload, while Andreas Travlos pointed to contract predictability, welfare and trusted relationships with shore management as important retention factors. On AI, the panel broadly agreed that it can accelerate data analysis, identify development needs and make learning more targeted, but should remain subject to human oversight and appropriate safeguards. Moderator Apo Belokas described AI as an “accelerator” rather than inherently good or bad, while challenging the industry to look beyond minimum compliance and consider wider issues such as mentorship, stable career pathways and the conditions required to attract, retain and continuously develop competent seafarers.

Panel #3: Crew Welfare, Protection & Risk Preparedness

In her presentation, Penelope Robotis, Chief Psychologist & Head Psychometrician, IMEQ Center, examined the human factor beyond recruitment through practical maritime examples involving changes in behaviour, communication, coping, fatigue, leadership and team dynamics. She considered what companies may overlook during pre-employment screening, which warning signs deserve attention when concerns emerge onboard and how responses should reflect both the circumstances and level of risk. She also discussed how psychometric assessment and AI-supported tools can provide additional insight while keeping human observation and professional judgement at the centre.

Capt. Konstantinos G. Karavasilis, Regional Director, Loss Prevention, UK P&I Club, addressed how fatigue, stress, isolation and reluctance to speak up can undermine safe performance, and how practical leadership can help identify concerns before they escalate into incidents. He also examined the additional pressures created by geopolitical conflict, highlighting the importance of current intelligence, vessel-specific risk assessment and realistic emergency preparedness. His message called for an integrated approach that protects seafarers, supports sound judgement and ensures crews are ready to respond effectively as operating conditions change.

Focusing on operations in high-risk areas such as the Strait of Hormuz, Angelo Lazaridis, Chief Commercial Officer, DIAPLOUS Group, explained that effective emergency response and salvage extractions require far more than physical protection alone. He highlighted the role of predictive intelligence, real-time 24/7 overwatch, specialised EOD clearance and multi-stakeholder de-confliction across naval coalitions and coastal states. By combining advanced digital monitoring with on-scene expertise, he noted, maritime operators can better assess exposure, protect crews and critical assets, and reduce the risk of wider environmental consequences.

In the discussion following the presentations, two additional experts joined the panel: Costas Th. Kontes, Chief Commercial Officer, Navilands Management Holdings S.A and Sotiris Kostouros, Crew Manager, J.H.I. STEAMSHIP CO.

The subsequent discussion examined how companies can identify welfare concerns before they escalate into serious incidents. Penelope Robotis stressed that changes in behaviour, isolation, sleep patterns and communication can provide important early warning signs, but companies also need clear escalation pathways and greater mental-health awareness across ranks. Capt. Konstantinos G. Karavasilis noted that such signs can easily go unnoticed as social interaction onboard declines and workload and commercial pressures increase, making it even more important to understand conditions on individual vessels rather than relying solely on fleet-wide policies. Costas Th. Kontes highlighted the value of confidential access to professional support when seafarers may be reluctant to speak openly, while Sotiris Kostouros emphasised the need to train senior officers to recognise behavioural changes and maintain open communication with the company.

The conversation also reinforced the direct link between crew welfare, human performance and loss prevention. Angelo Lazaridis explained that in high-risk areas, uncertainty itself can create significant psychological pressure, arguing that education, timely information and realistic risk assessment can help crews better understand and manage the threats they face. Discussing transits through highly volatile areas such as the Strait of Hormuz, he stressed that where risk cannot be reduced to an acceptable level, avoiding the transit should be considered the safest course of action. Costas Th. Kontes and Sotiris Kostouros also linked stronger welfare to continuity, trust, adequate rest and familiar working relationships onboard. Moderator Apo Belokas challenged the industry to adapt its support mechanisms to changing social behaviours among younger seafarers, while stressing the need to move beyond broad welfare policies towards practical measures that strengthen both crew wellbeing and operational performance.

 Focus Presentations

Dimitris Psarros, Business Development Manager, RiSK4SEA, examined the factors behind PSC underperformance and how vulnerabilities can be identified early to strengthen preparedness and operational safety. His focus presentation challenged common assumptions that can contribute to poor Port State Control (PSC) performance and increased detention exposure, including the belief that only substandard ships are detained, that ports within the same MoU behave similarly, that PSC inspection priority alone reflects actual risk and that a generic static checklist is sufficient for effective preparation.

A central message was that the specific ship–port combination can play a decisive role in determining detention exposure, as illustrated through the SPOT and PRL risk models. Dimitris concluded that stronger PSC management depends on dynamic and port-specific preparation, relevant benchmarking and the effective use of data, rather than relying primarily on broad assumptions, generic approaches or a vessel’s past performance.

Apo Belokas, Founder & Managing Editor, SAFETY4SEA, examined the evolution of crew welfare over the past two decades and its growing relevance not only as a people issue, but also as an operational and risk-management consideration. He reviewed changing stakeholder and insurer perspectives on crew wellbeing and presented the IUMI Crew Wellbeing Checklist, which brings factors including fatigue, workload, safety culture, living conditions, retention, employment conditions, mental health and psychological safety into the assessment of hull risk.

He also introduced the SAFETY4SEA Crew Welfare Maturity Index 2026, a framework assessing industry progress across seven welfare domains and six maturity stages: Recognise, Understand, Act, Measure, Improve and Manage. Apostolos highlighted the gap between acknowledging welfare challenges and embedding measurable, sustainable responses into everyday operations. Challenging expectations of the “superhero seafarer”, he stressed that crew welfare should move beyond isolated initiatives and become a more systematic part of safe and sustainable shipping.

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The Hellenic Institute of Marine Technology (H.I.M.T.) organised the 20th Annual Marine Technology Conference, held on 6 and 7 October 2026 at the Eugenides Foundation, preceded by a pre-conference event on 5 October at the V.Ships Auditorium in Piraeus. This year’s conference was of particular significance, marking the twentieth anniversary of an established institution that has become a reference point for scientific knowledge, technological innovation and collaboration across the maritime sector.

With more than 900 registrations, the Conference brought together representatives from the shipping industry, academic & research institutions, public bodies and businesses, confirming the strong interest in the technological developments shaping the future of shipping.

The Conference was officially opened by Mr. George Pratikakis, President of H.I.M.T., who highlighted the significance of the anniversary and the Conference’s longstanding contribution to scientific dialogue and the exchange of expertise. He emphasized that the Institute, founded in 1972, continues to operate as an independent scientific organization, bridging research, academic knowledge and the shipping industry. Emphasis was placed on the challenges of the energy transition, digitalization, artificial intelligence and cybersecurity, with innovation and investment in human capital identified as essential prerequisites for the competitiveness of Greek shipping.

Opening addresses were delivered by Mr. George Alexandratos, President of the Hellenic Chamber of Shipping; Mr. Charalampos Simantonis, President of the Hellenic Shortsea Ship-owners Association and the European Shortsea Network; Mr. Vassilis Korkidis, President of the Piraeus Chamber of Commerce and Industry; Mr. Dionysios Theodoratos, President of the Association of Passenger Shipping Companies; Dr Matthew Maheras, President of A.M.M.I.T.E.C.; Dr Ioannis Chatzigeorgiou, Rector of the National Technical University of Athens; Dr Dimosthenis Kyriazis, Rector of the University of Piraeus; Dr George Galanis, Dean of the Hellenic Naval Academy; and Dr Thomas Mazarakos, President of the Department of Naval Architecture at the University of West Attica.

The pre-conference event on 5 October, entitled “Research and Education in the Service of Innovation”, focused on connecting research and education with the needs of the shipping industry. The first panel explored the role of Industrial PhD programmes in fostering collaboration between universities and businesses, while the second addressed the technological transformation of Merchant Marine Academies and the evolving requirements for education and professional training. The discussions brought together  representatives from universities, government, shipping companies and educational institutions.

The two main days of the Conference featured scientific papers and presentations of advanced technological applications, covering a broad range of marine technology topics, including energy efficiency and alternative fuels, emissions reduction, propulsion systems, digitalization, artificial intelligence, cybersecurity, ship and equipment safety, and developments in the shipbuilding industry. The Conference also provided companies with an opportunity to showcase their solutions and innovations, fostering networking and collaboration among participants.

Two major panel discussions addressed the challenges and prospects of modern shipping. The first, entitled “Powering Shipping Through Uncertainty: Alternative Fuels, Safety Challenges and Geopolitical Realities”, examined the challenges associated with the transition to alternative fuels, safety considerations and geopolitical developments. The second, entitled “Profitable Waters Ahead? Navigating Market Volatility in a Changing Maritime Economy”, focused on fluctuations in the shipping market and the prospects for sustainable growth and profitability in an increasingly dynamic economic environment.

The Conference proceedings culminated in a roundtable discussion entitled “Ships Are Changing Faster Than People: Building the Maritime Workforce of the Future”, moderated by Dr Nikolaos Liapis, Director of H.I.M.T. The discussion featured Mr. Miltiadis Varvitsiotis, former Minister of Maritime Affairs and Insular Policy and CEO of Skaramangas Shipyards; Mr. Charalampos Simantonis, President of the Hellenic Shortsea Ship-owners Association and the European Shortsea Network; Ms. Danai Bezantakou, President of the International Propeller Club, Port of Piraeus, and CEO of Navigator Shipping Consultants Ltd.; and Ms. Elena Athoussaki, Chief Sustainability Officer of Motor Oil Group and Principal Organizer of the ESG Shipping Awards. The discussion highlighted the need for the maritime workforce to adapt to rapid technological and operational changes, as well as the importance of developing new skills to meet the demands of the shipping industry of the future.

The Conference concluded on the evening of 7 October with the official Conference Dinner, held at 20:00 at the Piraeus Marine Club. During the event, α plaque of honor was given to the late Mr. George Vozikis. Through his longstanding commitment and continuous contribution, Mr. Vozikis played a significant role in the work and development of H.I.M.T., forming part of the collective effort that has consistently supported the Institute’s mission.

The 20th Annual Marine Technology Conference reaffirmed H.I.M.T.’s vital role in advancing scientific knowledge, technological innovation and collaboration between the shipping industry and the research community. Reaching this twentieth-anniversary milestone represents both a significant achievement and a starting point for new initiatives aimed at strengthening the international outlook and global presence of Greek marine technology. The Institute extends its sincere thanks to all participants, speakers, authors of scientific papers, sponsors and supporters who contributed to the success of the Conference.

Sponsors

Gold: ANEMOI, ASSO.SUBSEA, INMARTEK, NETSQUARE.

Silver: ARISTON NAVIGATION CORP., FREMONT, LLOYD’S REGISTER, MARICHEM MARIGASES, NEPTUNE ZERO, OCEANKING, RINA, SEAMARK, SEC, SKARAMANGAS SHIPYARDS, TECHNAVA S.A., UW GROUP.

Bronze: ABS, GENERAL GROUP OF COMPANIES, ALBA GRADUATE BUSINESS SCHOOL, ALPHA MARINE ENGINEERING, BUREAU VERITAS, CAPITAL MARITIME GROUP, C&A STAVROS KASSIDIARIS S.A., DNV, DODEKANISOS SEAWAYS, EASTERN MEDITERRANEAN MARITIME, INTRAMARE, KATRADIS GROUP OF COMPANIES, LIBERIAN REGISTRY, MARITA HELLAS, MINOAN LINES, NAP ENGINEERING P.C., ROSS MARINE, SARENCO, SEMAC.

About H.I.M.T.

The Hellenic Institute of Marine Technology (H.I.M.T.) was founded in 1972 to promote marine technology and scientific knowledge in the maritime sector. It operates as an independent scientific organization, fostering collaboration between the shipping industry, academia, research institutions and public bodies.

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The project will explore how hybrid-electric propulsion and GTT NEXT1®cargo containment system technology could support potential improvements in LNG transport efficiency.

Lloyd’s Register (LR), Shell and GTT have launched a Joint Development Project (JDP) to develop a conceptual 200,000m³ LNG carrier combining hybrid-electric propulsion with GTT NEXT1® cargo containment technology.

By bringing together a larger-capacity vessel concept with hybrid-electric propulsion and GTT NEXT1® cargo containment technology, the partners aim to explore how future LNG carrier designs could transport more cargo, operate more efficiently and provide greater flexibility as industry requirements continue to evolve.

Under the JDP, the partners will work on the development and safety verification of the vessel’s hybrid-electric propulsion system, focusing on system architecture, redundancy philosophy and battery integration, while also exploring the commercial evaluation from a total cost of ownership (TCO) model. In parallel, the integration of GTT NEXT1® cargo containment technology will be assessed as part of the overall vessel concept.

The project will also establish technical requirements and guidance for hybrid-electric propulsion in LNG carrier applications, helping to support further technical understanding of the technology.

Constantinos Chaelis, Global Gas Segment Director, Lloyd’s Register, said: “The industry is under increasing pressure to move more energy with lower emissions and greater operational flexibility. Larger vessel concepts are being assessed for their potential, and this project will explore how hybrid-electric propulsion and cargo containment technology can support their technical and operational performance from a TCO perspective.

“By bringing together expertise from across the LNG value chain, we're helping to develop technical foundations that could support further assessment of future LNG carrier concepts.”

Image: (l-r) Stephen Brown, Technology Manager, Shell; Francois Michel, Chief Executive Officer of GTT; Andrew McKeran, Chief Growth Officer, Lloyd's Register

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Under the theme “Trusted Resilience Powering Global Maritime Trade,” the 10^th anniversary edition will bring together shipowners, financiers, legal experts and other industry leaders this November to address trade realignments, decarbonisation and fleet refinancing.

Hong Kong is preparing to host the 10^th-anniversary edition of Hong Kong Maritime Week (HKMW 2026), taking place from November 15 to 21.

This year’s programme will bring together maritime professionals from around the world to discuss developments affecting global shipping, including changes in trade patterns, geopolitical uncertainty, decarbonisation, alternative fuels and ship finance.

A “Safe Harbour” and “Super Connector” in Volatile Markets

Hong Kong continues to position itself as a key maritime and financial centre in Asia, supported by its role under the “One Country, Two Systems” framework and its common law system.

As the only common law jurisdiction within China, Hong Kong provides a legal and financial environment that supports the free flow of capital, data and talent, offering shipowners and institutional investors a degree of protection against market disruptions.

The number of ship lessors operating in the city increased from 11 in 2020 to 64 in 2024, supported by government tax measures and deep capital markets capable of funding marine insurance and green technology projects.

On the dispute resolution front, Hong Kong recorded a 56% surge in maritime arbitration cases in 2025. It is currently one of only four designated arbitration venues under the Baltic and International Maritime Council (BIMCO) standard contracts and serves as the primary seat for PRC-related disputes.

Operationally, Hong Kong is also expanding its green maritime fuel bunkering and trading hub. For operators facing conventional fuel price volatility, this hub aims to provide cost-effective, practical options for complying with international decarbonisation rules.

Programme Highlights

The week officially kicks off on November 16 with a hybrid Opening Ceremony at the Hong Kong Convention and Exhibition Centre. The 45-minute session will feature keynote addresses from top policymakers and global industry leaders.

On November 16 and 17, the World Maritime Merchants Forum will bring together industry experts to address geopolitical developments, trade disruption and sustainable shipping practices.

The Asian Logistics, Maritime and Aviation Conference (ALMAC) will also take place on November 16 and 17, focusing on developments and opportunities across the region’s supply chains. On November 17, the conference will include a dedicated Belt and Road shipping seminar that spotlights Hong Kong’s status as a global shipping and investment hub, exploring new opportunities in infrastructure, technological innovation, and the green transition.

On November 16, the International Chamber of Shipping will host the third Hong Kong Global Maritime Trade Summit. Discussions will focus on supply chain resilience, maritime security and freedom of navigation.

On November 17, the Hong Kong Maritime and Port Development Board will hold its second annual Flagship Summit under the theme "Capital Meets Cargo: Financing the Future of Global Trade". The programme will cover ship finance, marine insurance and commodity markets.  Following the Flagship Summit, HKMPDB will partner with the Financial Times to host an exclusive Dialogue Reception in the early evening, bringing togerher prominent guests from the maritime and financial sectors to exchange views in an intimate setting.

The programme will also explore technical and technological developments across the industry. BIMCO will make its HKMW debut on November 18. In collaboration with the International Organization for Mediation, BIMCO will present a technical seminar on contractual developments related to the energy transition and maritime decarbonisation.

On November 19, the International Bunker Industry Association (IBIA) will host the half-day forum titled "Fueling Now and the Future: IBIA Hong Kong Forum on Alternative Marine Fuels”. The forum will cover the commercial adoption of alternative fuels, safety requirements, and supply chain readiness.

To date, over 80 international organisations have confirmed plans to host around 60 events during HKMW 2026. For more information, please visit the HKMW 2026 event calendar.

Event Details and Registration

HKMW 2026 is organised by the Hong Kong Maritime and Port Development Board, with the Hong Kong Shipowners Association and the Hong Kong Maritime Museum as co-organisers. The Hong Kong Trade Development Council and Invest Hong Kong are among its partners.

Dates: November 15-21, 2026

Location: Hong Kong Special Administrative Region

Website & Registration: https://www.hkmw.hk/

Media Contact: Hong Kong Maritime Port and Development Board

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Leading the New Era of Global Shipping

In a world where the global supply chain and investors seek the perfect balance between reliability, high efficiency, and sustainability, CMF—an entity associated with Evangelos Marinakis—is set to redefine the global landscape of container shipping.

With its upcoming listing on the Athens Stock Exchange (Euronext Athens), CMF does not merely present a new investment opportunity; it lays the foundations for the future of modern shipping while simultaneously establishing the Greek stock exchange as an international maritime hub.

The Fleet of the Future, Today.

At the core of CMF’s strength lies one of the most modern and technologically advanced fleets in the world:

• 36 state-of-the-art container ships (13 in operation, 23 under construction), with a total carrying capacity exceeding 148,000 TEU.
• Average vessel age of just 2 years (TEU-weighted, upon completion of the full delivery schedule), making the fleet one of the youngest on the high seas.
• Technological excellence & environmental footprint. Featuring LNG dual-fuel vessels, a high-energy-efficiency design (CII Grade A), and shore-power connectivity, the company is a leader in the maritime industry’s decarbonization efforts. At the same time, it ensures compliance with a range of strict environmental regulations, thereby gaining operational flexibility.

Three Generations at Sea – Unique Maritime Experience and Expertise

CMF’s most valuable asset is its people. The combination of extensive experience and know-how spanning three generations, alongside the exceptional professionalism of the CMF team, serves as the ultimate guarantee and a powerful testament to the company’s reliability across all its operations.

Unwavering stability & global alliances

In a market characterized by high volatility, CMF transcends typical shipping cycles, offering exceptional visibility and financial stability:

• $3.9 billion in secured revenue. 100% of the fleet’s available days are fully contracted through 2034, with an average remaining charter duration of 9.5 years*.

*data as of June 30, 2026

• Partnerships with global giants. The company enjoys the trust of leading global supply chain groups, such as CMA CGM and DP World/Unifeeder.

Value creation for investors & the market

CMF’s listing on the Athens Stock Exchange marks a milestone for both the company itself and the Greek capital market:

-   $1.8 billion investment program through 2028. Financing a major shipbuilding program that continuously strengthens its profitability prospects.

- Stable income policy. Through a clear dividend policy, the company aims to consistently distribute a portion of its (adjusted) net profits to shareholders on a quarterly basis.

-   Strong corporate governance & unparalleled expertise. Backed by the support and experience of the Capital Maritime Group (controlled by Evangelos Marinakis), it ensures top-tier operational performance.

Capital Maritime Finance does not merely adapt to global trade trends; it shapes them. By combining environmental responsibility with business excellence, it is building a shipping platform poised to play a leading role in the decades to come.

Following the path paved by Capital Maritime Group companies

The Group’s listed companies, Capital Clean Energy Carriers and Capital Tankers, have a combined market capitalization exceeding $4 billion:

Capital Clean Energy Carriers

The largest LNG shipping platform listed on a US stock exchange.

- 32 state-of-the-art LNG/LPG vessels. Below are the main company’s fundamentals:

- $2.9 billion contracted revenue backlog

- 77 consecutive quarterly dividend distributions

- Holds the largest modern LNG carrier fleet among US-listed companies

- Strong track record in the Greek bond market with a Total of €500 million raised through three unsecured bond issues in Greece (Data as of June 30, 2026).

Capital Tankers.

State-of-the-art fleet and international track record. The company executed the largest shipping IPO in 20 years.

Below are the main company’s fundamentals:

- Successful listing on the Oslo Stock Exchange (Euronext Growth Oslo) in Q1 2026

- $500 million Initial Public Offering (IPO)

- 39.9% rise during the first six months of share trading*, from 134 NOK to 187.5 NOK

*as of September 17, 2026

Evangelos Marinakis – An Enduring, Powerful Footprint in Global Shipping

Evangelos Marinakis is an internationally recognized shipowner, entrepreneur, and investor. Through a unique track record of successful transactions, acquisitions, and mergers, he has earned the trust of both private and institutional investors worldwide. Supported by a top-tier team of executives, he possesses the ability not only to identify opportunities but also to rapidly transform them into high-value-added investments.

Evangelos Marinakis is the founder and Chairman of Capital Maritime & Trading Corp. The Capital Maritime Group currently manages a fleet of 179 vessels. This managed fleet includes, among others, vessels belonging to Capital Clean Energy Carriers (NASDAQ: CCEC)—listed on the US Nasdaq exchange—and Capital Tankers (Euronext Growth Oslo: CAPT)—listed on the Oslo exchange—as well as the newly established Capital Maritime Finance, which is planning its listing on the Athens Stock Exchange (Euronext Athens). Since 2007, the listed shipping companies controlled by Evangelos Marinakis have distributed over $1 billion in dividends to shareholders.

Below are the greatest landmarks of Evangelos Marinakis’ career in shipping and capital markets :

- In 2025, the British publication *Lloyd's List* ranked Evangelos Marinakis 10th in its annual list of the 100 most influential figures in global shipping. In 2024, he was awarded an honorary doctorate by the Massachusetts Maritime Academy. Since 2022, he has been an elected member of the Board of Directors of the Union of Greek Shipowners.

- Evangelos Marinakis has a track record spanning more than 20 years in international capital markets. The listed shipping companies under his control have executed some of the most landmark IPOs globally, as well as two major mergers in the US, and have successfully issued three bonds on the Greek Stock Exchange.

- Evangelos Marinakis is the founder and principal shareholder of Alter Ego Media. Alter Ego Media is the leading media and entertainment group in Greece and one of the fastest-growing integrated media platforms in Southern Europe.

- During 2025, following its listing on the Athens Stock Exchange, Alter Ego Media S.A. shares recorded a return of 57.5%—surpassing the General Index’s 37% return—while the company’s initial public offering attracted exceptionally strong investor interest. It raised gross proceeds of approximately €57 million and was oversubscribed nearly 12 times, with total demand from private and institutional investors reaching approximately €677 million.

- Beyond his business and sports interests, Vangelis Marinakis actively supports a wide range of philanthropic activities in Greece and internationally—such as UNICEF, the "Miltiadis Marinakis Chair for Modern Greek Language and Culture" at Ohio State University, and the "Nikos Kazantzakis Museum" in Crete—as well as social initiatives and infrastructure projects in the city of Piraeus and across Greece.

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Greek Shipping Drives the Future in Operational Excellence, Fleet Renewal, and Sustainability

The 16th Annual Capital Link Operational Excellence in Shipping Forum brought together industry leaders, executives, and maritime experts under the theme "Best practices - Building Long Term Value through Sustainability”. Opening remarks were delivered by Mr. Nicolas Bornozis, President of Capital Link, Inc., followed by an opening keynote address from Dr. Elias Kariambas, Vice President of Regional Business Development for Southern Europe at ABS.

The discussions focused on navigating operational uncertainty, the expanding role of artificial intelligence, strategic fleet renewal, and the enduring resilience of Greek shipping.

Strategic Decision-Making in an Era of Uncertainty

Moderated by Mr. Angelos Minakis, Business Development Manager for Greece at ABS, the opening panel addressed how fleet operators must balance geopolitics, decarbonization, cyber security, and seafarer retention.

Mr. Andreas Hadjipetrou, CEO of Columbia Group, emphasized that modern shipmanagers must act as trusted partners in energy transition and digital transformation, leveraging technology and crew management optimization to create value across diverse operating cultures.

Mr. Antonis Georgantzis, Chief Operating Officer of Latsco Marine Management Inc., highlighted that safety remains the absolute priority while managing increased operating expenses and bridging different seafarer mentalities through steady supplier relationships. On propulsion choices, he noted that while vessels are built with dual-fuel capabilities, current operations rely primarily on traditional bunkers based on charterer demand.

Mr. Mark Pearson, Managing Director of Maran Tankers Management Inc., pointed to the clear benefits of LNG as a marine fuel to meet environmental requirements. He stressed the importance of design flexibility in bunker procurement and continuous crew training to successfully navigate geopolitical crises and evolving decarbonization mandates.

Mr. Nicos Rescos, COO of Star Bulk Carriers Corp., detailed how the company achieved fleet renewal through seven major mergers, targeted investments in retrofits, and recent newbuilding agreements to optimize overall performance.

Intelligence and AI

In a specialized presentation, Mr. Steen Lund, CEO of RightShip, examined the intersection of vetting, risk management, and data intelligence. He noted that RightShip's intelligence platform assists in crew preparation and vessel safety by drawing critical connections between disparate data signals rather than simply accumulating metrics.

This theme continued in a dedicated technology panel moderated by Mr. Spyridon Zolotas, Vice President of South Europe Marine at RINA, who emphasized that digitalization serves as a core pillar alongside fleet safety.

Mr. John G. Pateras, Chief Technical Officer of Contships Management Inc., noted that artificial intelligence successfully increases productivity and analyzes performance reports, but must act as an advisory tool to support human decision-making rather than being trusted blindly.

Mr. Michalis Pantazopoulos, Senior Vice-President of LISCR Hellas (Liberian Registry), explained how AI streamlines time-intensive tasks such as screening vessels for sanctions, dark fleet activities, and port state control compliance, underscoring that class societies, registries, and operators share collective responsibility.

Mr. Vasileios G. Petousis, Energy & Sustainability Manager of Seanergy Maritime Holdings Corp., highlighted internal applications including AI-driven virtual technical superintendents and psychological adequacy evaluations to support crew mental health and team suitability.

Mr. Theo G. Baltatzis, General Manager of Technomar Shipping Inc., described a conservative approach where AI tools are utilized individually to analyze vast datasets, reassuring that professional expertise and human judgment remain essential and irreplaceable.

Mr. Roine Ahlquist, Chief Commercial Officer of Wilhelmsen Ship Management, echoed the necessity of proper governance, noting that while AI unlocks significant value, operations must never become overly dependent on automated systems.

Fleet Renewal Decisions and Alternative Fuels

Moderated by Mr. Panos Mitrou, Senior Vice President of Shipping Strategy at Lloyd’s Register, industry leaders evaluated shipyard capacity, capital allocation, and propulsion pathways:

Mr. Jerry Kalogiratos, CEO of Capital Clean Energy Carriers Corp. and Capital Tankers Corp., stated that shipyard capacity is less of an immediate hurdle than vessel employment strategy amid forward uncertainties. He outlined Capital’s constructive focus on efficient LNG and LPG-ready vessels designed with dual-fuel flexibility to maximize commercial optionality.

Mr. Alex Hadjipateras, COO of Dorian LPG Ltd. and Managing Director of Dorian LPG Management Corp., emphasized alignment with customer requirements against the backdrop of increasing Chinese shipyard capacity, keeping a close watch on International Maritime Organization (IMO) net-zero regulatory outcomes.

Mr. Thomas Lister, CEO of Global Ship Lease, Inc., pointed to pressing container ship sector demand for accelerated fleet renewal, balancing fundamental industry drivers with the flexibility needed to adapt to shifting trading patterns.

Dr. Loukas Barmparis, President of Safe Bulkers, Inc., highlighted the importance of timing, noting the delivery of 24 newbuild vessels over recent years at favorable asset prices, alongside ongoing fleet efficiency upgrades and investments in methanol-ready designs.

A Strategic Asset for Europe and the Global Economy

Moderated by Ms. Maria Kyratsoudi, Director of Business Development for Greece at ABS, a prominent panel of Greek shipowners explored competitiveness, regulatory challenges, and the broader macroeconomic impact of the Greek maritime cluster.

Mr. Antonis Kanellakis, Executive Director of Alpha Bulkers, Pantheon Tankers, and Alpha Gas, addressed the complex trading environment in the Black Sea and anticipated an exceptionally strong market over the coming year, driven by voyage optimization and technological integration.

Mr. Aristides J. Pittas, Chairman & CEO of Euroseas Ltd., EuroDry Ltd., and Euroholdings Ltd., stressed that Greek shipping manages roughly 80% of the European tanker fleet and 70% of its bulker fleet, serving as a vital strategic asset for Europe. Addressing fleet dynamics, he argued that historical under-construction and aging global fleets will naturally lead to higher charter rates for modern vessels as older tonnage exits. He urged regulators to exercise caution regarding premature decarbonization mandates.

Mr. Harry Vafias, Founder of Stealthgas, Imperial Petroleum, and C3iS Inc., noted that while traditional Greek shipping success is rooted in well-timed asset plays, recent high-priced newbuilding orders reflect a departure from historical norms. He cautioned that consumers demanding zero-emission transport must ultimately absorb higher freight costs.

Mr. Petros Pappas, Managing Director of Star Bulk Carriers Corp., emphasized that the true competitive advantage of Greek shipping lies in human capital, the entrepreneurial intuition of shipowners, and the supportive framework of the tonnage tax. He praised collaborative initiatives within Greek shipping, highlighting Capt. Panagiotis Tsakos’s nautical academy in Chios and Irene Notias "Adopt a Ship" program for inspiring the next generation of seafarers.

Across the panel, leaders called for the Greek flag to modernize its regulatory framework and offer greater flexibility regarding seafarer employment to meet contemporary operational demands.

2026 Capital Link Maritime Sustainability Award

The forum concluded with the presentation of the 2026 Capital Link Maritime Sustainability Award to HELMEPA in recognition of its institutional leadership in advancing maritime sustainability. Ms. Semiramis Paliou, Chairperson of HELMEPA & INTERMEPA and Director & CEO of Diana Shipping Inc., accepted the award on behalf of the organization.

The Operational Edge

Continuing the discussions at the 16th Annual Capital Link Operational Excellence in Shipping Forum, subsequent sessions shifted focus toward the direct link between operational performance and commercial advantage, the evolving demands placed on the maritime workforce, and a landmark tribute to seafarer education and training.

Moderated by Mr. George Andreadis, M&O Director for Greece, Malta, and Cyprus at Bureau Veritas, this session examined whether superior operational performance translates directly into commercial power and charterer preference.

Mr. Basil Sakellis, CEO of Alassia NewShips Management, Inc., emphasized that operational excellence is a baseline requirement in modern shipping, noting that seamless reliability and rigorous safety standards are fundamental to maintaining long-term trust with industry partners.

Captain Stylianos Dimouleas, CEO of ALMI TANKERS S.A., highlighted that consistent adherence to high safety and quality benchmarks directly protects asset value and enhances a company’s reputation in competitive chartering markets.

Mr. Matt Caddock, General Manager of Marine Supply and Trading Europe at Chevron, and Mr. Robert Schreve, Senior Freight Trader at Olam Agri, offered the charterer perspective. They stressed that energy majors and trading houses increasingly evaluate vessel performance, emissions tracking, and operational reliability when selecting tonnage, turning safety and efficiency into distinct commercial differentiators.

Mr. David Finch, Chief Commercial Officer of RightShip, discussed how objective vetting metrics and environmental scoring assist charterers in filtering operational risk, proving that transparent data directly influences commercial outcomes.

Mr. Jonathan White, Senior Charterer at Trafigura, reinforced that charterers look for proactive technical management and transparent communication, particularly as cargo owners face tightening regulatory scrutiny over supply chain emissions.

Building a Safe, Skilled, and Sustainable Workforce

As ships adopt advanced automation and alternative fuels, the industry faces an unprecedented transformation in human resource management. Moderated by Dr. Marina Papaioannou, Regional Maritime Academies Manager Southeast Europe at DNV, this panel tackled the pressing challenge of attracting, training, and retaining talent.

Ms. Katerina Elikonida Maroudi, Regulatory Manager at BIMCO, outlined how shifting international regulations require a parallel evolution in training standards, ensuring crews are legally and technically prepared for complex environmental mandates.

Captain Panagiotis Drosos, Managing Director of Capital Ship Management Corp., emphasized that bridging the gap between traditional seamanship and modern digital tools requires continuous onboard training programs and strong safety cultures.

Ms. Metaxia Psalti, COO of Neda Maritime Agency Co. Ltd. and Vice Chair of INTERCARGO, addressed the administrative and operational pressures on crews, stressing that industry stakeholders must prioritize seafarer wellbeing and mental health to sustain a healthy talent pipeline.

The Voice of the Seafarer

Offering a vital frontline perspective, this session brought officers and cadets from the Tsakos Group to the stage for a candid discussion on life on board. Moderated by Ms. Venetia Kallipolitou, Maritime Training and Education Advisor for the Tsakos Group and Retired Commander of the Hellenic Coast Guard, the panelists shared personal insights into the rewards and challenges of modern seafaring, discussing how digital transformation and alternative fuel technologies are reshaping daily responsibilities on the bridge and in the engine room.

The Tsakos Group officers and cadets, many of them have studied in TEENS Academy in Chíos island, referred to the challenges of the maritime profession such as the importance of teamwork, the way of life when you start a career at sea cooperating with different nationalities and cultures, their ambitions and aspirations, the role of an ETO and the position of the woman in the seafaring profession.

The 2026 Capital Link Maritime Sustainability Award to the Tsakos Group & The Maria Tsakos Foundation

The afternoon program culminated in a prestigious presentation honoring The Tsakos Group and The Maria Tsakos Foundation. The 2026 Capital Link Maritime Sustainability Award was presented in recognition of their enduring, multi-decade commitment to maritime education, rigorous seafarer training, professional development, and overall crew welfare—cementing their legacy in securing a sustainable future for the global maritime profession.

The award was received by Dr. Nikolas P. Tsakos, Founder & CEO of TEN Ltd.

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