Is the atom the answer to the puzzle of alternative fuels for shipping?

Could the next great leap in maritime propulsion come not from alternative fuels, but from the atom? That question will move from the margins of industry debate to centre stage at Posidonia 2026, during a high-level Executive Briefing that will examine the role of advanced nuclear technologies in commercial shipping and near-shore power generation. Hosted by CORE POWER, a leading developer of civil maritime nuclear propulsion and shipyard-assembled floating nuclear power plants in the OECD, the gathering will convene leaders from shipping, ports, finance and energy to assess whether nuclear propulsion is transitioning from concept to commercial reality.

According to Charlotte Vere, Group Head of Market Development at CORE POWER, the conversation has already shifted. “This is no longer a theoretical discussion,” she notes. “We are seeing real engagement at government level among shipowners, banks, insurers and ports. What matters now is momentum, and that momentum is building. Recent government-to-government collaboration focused on maritime nuclear is a strong signal that serious work is underway to create the enabling conditions for deployment.”

The seminar will explore how advanced nuclear propulsion could enhance fleet competitiveness by offering long refueling intervals, between 5-7 years, insulation from fuel price volatility, and operational flexibility. It will also examine floating nuclear platforms capable of supplying reliable, high-density clean energy to ports and coastal industrial hubs.

Nuclear propulsion in commercial shipping is not new. The US-built Savannah and the Soviet icebreaker Lenin demonstrated nuclear capability as early as the late 1950s. According to Dr. George Pateras, Deputy Chairman of Contships Management, the next wave could arrive within 10–15 years, driven by fourth-generation molten salt reactors (MSRs) using thorium fuel. “The only true green solution is nuclear power,” he argues, dismissing many alternative fuels as impractical at scale. “It is not a question of being ready, but rather a question of necessity, the current alternative fuels paraded as solutions to the sustainability hype are neither practical, abundant nor safe,” he said.

Others adopt a more cautious tone. According to a spokesperson for South Korea’s Hanwha Ocean, several global shipowners—particularly major European container carriers and energy majors—have begun exploring the potential of nuclear-powered vessels. While this trend is noteworthy, it remains at the level of early-stage strategic assessment rather than a business decision. Nevertheless, Hanwha Ocean plans to participate in the “Carbon-Neutral Marine Molten Salt Reactor Technology Development Program,” scheduled to begin in 2027 under the joint supervision of the Ministry of Science and ICT and the Ministry of Oceans and Fisheries of South Korea. He said: “While some institutions present an optimistic outlook for early 2030 commercialisation, a more cautious and realistic assessment suggests that nuclear-powered vessels may not become feasible until the late 2030s at the earliest.”

Samsung Heavy Industries, which is studying MSR-powered container ships and LNG carriers, similarly points to mid-2030s as the earliest plausible timeframe for commercial deployment. Α spokesperson for Samsung said: “In the longer term, nuclear-powered vessels may represent one of the viable pathways towards achieving carbon neutrality in the maritime industry, alongside alternative solutions such as green ammonia and hydrogen fuels, fuel cell technologies, and battery-powered vessels.”

Dr. John Kokarakis, Chair of SNAME Greek Section and Technical Director at Bureau Veritas’ SEEBA Zone, describes the sector as “pre-commercial but no longer hypothetical.” He points to key milestones achieved in 2025, including the Approval in Principle (AiP) for a nuclear-powered LNG carrier concept using molten salt reactor technology, the establishment of the Nuclear Energy Maritime Organization (NEMO), and the IMO’s formal process to modernise the 1981 Code of Safety for Nuclear Merchant Ships.

“Early pilot vessels could appear in the mid-2030s,” he suggests, “but broad adoption depends on regulatory, insurance and port-state alignment.”

While reactor innovation is advancing—particularly in Small Modular Reactors (SMRs) and MSRs— the principal barriers may lie elsewhere.

Charlotte Vere highlights regulatory alignment, liability frameworks, port acceptance and insurance structures as critical workstreams. “Insurance is often highlighted early because the sector will need clarity on civil nuclear liability arrangements that function in a maritime context,” she explains.

Panos Kourkountis, Chairman of MARTECMA and Technical Director at Sea Traders S.A., stresses another enduring concern: radioactive waste. While nuclear propulsion produces no operational CO₂ emissions, waste management and long-term environmental stewardship remain politically sensitive and technically complex issues.

Public perception also looms large. As Dr. Pateras observes, “The word nuclear carries a heavy legacy,” despite decades of safe naval and land-based nuclear operations worldwide. “But as Greek shipowners have always been ahead of the curve when it comes to technological challenges and advancement, the solution of Nuclear Power has already started to be discussed at many maritime fora, always with positive reviews.”

Dr. Kokarakis underscores that commercial readiness depends not only on engineering maturity but on governance alignment: port-state acceptance, crew training pipelines, standardised reactor designs, and internationally harmonised liability conventions.

“A ship can be technically sound,” he notes, “but commercially dead if it cannot enter major ports.” Proponents argue that nuclear propulsion offers unmatched advantages such as Zero CO₂ emissions during operation, elimination of fuel tanks and large engine rooms, stable and predictable energy costs, and high suitability for LNG carriers, ultra-large container ships and deep-sea vessels.

Yet adoption hinges on economics. As Kourkountis observes, “No technology is adopted on a large commercial scale unless it is economically competitive.” But he concludes, that “When the relevant legislation is in place and nuclear propulsion becomes technologically mature and commercially viable, Greek shipowners are expected to be among the first to place orders for nuclear-powered newbuildings.”

The fact that Posidonia 2026 will host a dedicated executive seminar on civil maritime nuclear propulsion signals highlights how far the conversation has evolved, especially in a country which controls roughly 20% of global merchant tonnage. While no public nuclear newbuilding orders have been announced, discussions are reportedly underway in policy and industry circles. Greek institutions, classification societies and international organisations —including the IAEA— have engaged in structured dialogue on maritime nuclear fram eworks.

Whether nuclear-powered merchant fleets will materialise in the mid-2030s or remain confined to demonstration corridors depends on regulatory reform, financing innovation, public acceptance and global cooperation.

Posidonia 2026 will be held at the sold-out Metropolitan Expo from 1-5 June and is organised under the auspices of the Ministry of Maritime Affairs and Insular Policy, the Hellenic Chamber of Shipping and the Union of Greek Shipowners, with the support of the Municipality of Piraeus and the Greek Shipping Co- operation Committee.

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Vsltec, an innovative startup that provides technological solutions for the maritime industry, presents a new flexible payment option for service providers who provide services to ships anywhere in the world through its platform.

The new feature allows service providers to choose between immediate payment upon completion and confirmation of the work, or payment within 30 days upon completion and confirmation, directly by Vsltec.

This revolutionary payment option ensures the necessary liquidity for service providers using the platform, while Vsltec takes full responsibility for managing and collecting payments from shipping companies, significantly reducing the administrative burden on its partners.

With more than 200 active ships on the platform and transactions exceeding €2.5 million, Vsltec further strengthens its operating model by adding a mechanism that improves the speed and predictability of payments in the shipping industry.

The addition of the new payment method is part of the company’s strategy to continuously optimize workflows of assigning, managing, and completing technical services to ships through the Vsltec digital platform.

About Vsltec

Vsltec is a startup providing technological solutions for the shipping industry, with the aim of simplifying the way shipping companies commission, manage, and implement technical services.

Its platform connects shipping companies with reliable service providers around the world, replacing complex and time-consuming processes based on phone calls, emails, and spreadsheets. Through this approach, it helps ship managers improve the planning and execution of technical work, while offering service providers access to projects related to their expertise on an international level.

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Marking a fundamental shift in the maritime industry, GIT Coatings, a global leader in sustainable high-performance marine coatings, launched its next-generation graphene-base hard foul-release coating, XGIT-FORCE™. This launch moves beyond traditional biocide-based antifouling protection to a new era of hull performance management.

With first applications already underway across a global fleet, XGIT-FORCE™ is engineered to unlock up to 10% fuel savings and provide the highest return on investment of any antifouling coating on the market. With this launch, GIT Coatings is proving that peak operational efficiency no longer requires polluting the marine environment.

"XGIT-FORCE™ represents the natural evolution of our graphene-based solutions and a definitive step toward a new era of proactive hull performance management," said Mo AlGermozi, CEO of GIT Coatings. "By listening closely to our customers and integrating years of real-world learning, we have refined a technology that is mature, reliable, and biocide-free. This launch is about providing shipowners with a high-performance solution that gives them the flexibility to actively manage fleet efficiency and turn ambitious decarbonization goals into a reliable, competitive advantage."

Innovation behind XGIT-FORCE™

XGIT-FORCE™ is the result of years of intensive research and development, involving rigorous testing and trials in different fouling pressure conditions across the globe. Their proprietary Dynamic Phase Engineered Technology (DPET) combines smart surface chemistry with graphene-reinforced mechanical tuning to create a dynamic, amphiphilic barrier that inhibits biofilm formation and maximizes foul-release performance.

Building on this foul-release foundation, XGIT-FORCE™ delivers one of the smoothest surface profiles in the industry - providing a guaranteed 6% out-of-dock power gain compared to premium biocidal antifouling coatings - while offering the mechanical durability to withstand ice friction, fender impacts, and frequent cleanings. As a zero-leaching solution, it ensures shipowners can reduce fuel consumption and emissions without shedding toxic chemicals or microplastics into the marine environment.

Proactive Hull Performance Management

Being "cleanable by design," XGIT-FORCE™ aligns with the industry shift toward proactive hull cleaning as the most effective method for maintaining long-term vessel efficiency. This approach aims to keep hulls free from even light slime, which an IMO-published study has proven can increase fuel consumption by up to 25%. While the innovative DPET technology provides antifouling protection during idling and releases fouling while sailing, its resilient surface surface is specifically built to tolerate regular grooming and reactive cleaning without the degradation typically seen in traditional soft-foul release or ablative coatings.

Responding to a rising customer interest in proactive cleaning, GIT Coatings has established a dedicated Advisory Services department that provides an end-to-end hull performance management solution. This team assists with everything from developing vessel-specific grooming plans and identifying suitable cleaning solutions to sending fouling risk alerts and managing the process of cleaning approvals. This turnkey approach ensures that implementing a proactive cleaning regime is a seamless, data-driven, and hassle-free transition for any global fleet.

Immediate Global Adoption

The shift toward this new era of hull performance is already in motion. Over the coming months, XGIT-FORCE™ will be applied to more than ten vessels, including LPG tankers, dry bulk vessels, Ro-Ro vessels, container ships, and cruise ships. These applications across major international trading routes represent a significant milestone in the maturation of graphene-based coatings, proving the technology’s readiness for the most demanding global operations.

This rollout is the result of years of iterative development and real-world learning across 600+ vessels worldwide. By integrating feedback from early-generation applications into this next-generation system, GIT Coatings has refined XGIT-FORCE™ to meet the rigorous performance standards required by today’s forward-thinking shipowners. Today, GIT Coatings stands as a proven partner for operators looking to transform ambitious decarbonization goals into a reliable, competitive advantage.

Experience the Next Evolution in Hull Performance

GIT Coatings invites shipowners and operators to examine the proven data behind its next generation of graphene technology and its comprehensive approach to proactive hull performance management.

Whether you are looking to validate the Total Cost of Ownership (TCO) of XGIT-FORCE™ for your specific vessels and routes, or are seeking a strategic partner to implement a proactive hull performance management strategy, contact GIT Coatings at This email address is being protected from spambots. You need JavaScript enabled to view it.

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Seanergy Maritime Holdings Corp. has concluded 2025 by marking its fifth consecutive year of profitability, a testament to its disciplined capital allocation and robust chartering strategy. The company’s performance throughout the fourth quarter and the full year underscores a sophisticated balance between capturing market upside and maintaining a conservative financial profile. By prioritizing durable earnings and recurring cash flow, Seanergy has positioned itself as a resilient leader in the Capesize shipping sector.

Chairman and CEO Mr. Stamatis Tsantanis stated, “We delivered strong earnings, generated meaningful cash flow, advanced our fleet renewal strategy and continued returning significant capital to our shareholders, all while further strengthening our balance sheet.”

CFO Mr. Stavros Gyftakis emphasized that these results underscore the effectiveness of the company’s chartering strategy and risk management framework”.

Financial Performance and Strategic Execution

The company reported impressive figures for the full year 2025, with net revenues reaching $158.1 million and an adjusted EBITDA of $81.7 million. The fourth quarter alone contributed $49.4 million in revenue, driven by a Time Charter Equivalent (TCE) rate that aligned closely with the Baltic Capesize Index. This success is rooted in a proactive risk management framework that utilizes a mix of index-linked exposure and selective fixed-rate conversions.

Operating efficiency remained a hallmark of the year’s success. Despite global inflationary pressures, Seanergy maintained a lean daily operating expense of approximately $7,100 per vessel. Furthermore, the fleet achieved a remarkable utilization rate exceeding 96%, even while navigating a demanding drydocking schedule. This operational excellence resulted in a strong adjusted EBITDA margin of 51%, providing the necessary liquidity to fund both shareholder rewards and future growth.

Capital Returns and Balance Sheet Strength

Seanergy has demonstrated a steadfast commitment to its shareholders, declaring total dividends of $0.43 per share for 2025. Since late 2021, the company has returned nearly $96.4 million to investors through a combination of regular and special dividends, along with strategic share and debt buybacks.

This aggressive return of capital has not come at the expense of financial stability. The company ended the year with a fortified balance sheet, boasting $62.7 million in cash and a conservative net loan-to-value ratio of approximately 34%. Significant refinancing activities totaling $123 million have further lowered interest margins and extended debt maturities, ensuring the company remains resilient even during periods of freight market volatility. Notably, the scrap value of the fleet covers approximately 70% of total debt, providing a substantial safety net for the business.

Fleet Renewal and Future Outlook

The company is currently executing a measured fleet renewal program to modernize its tonnage and improve fuel efficiency. In 2025, Seanergy sold older assets like the Geniuship and Dukeship to release capital for newer investments. The company has committed $226 million toward three scrubber-fitted newbuildings, including two Capesize vessels and one Newcastlemax, scheduled for delivery between 2027 and 2028.

Looking ahead to 2026, the outlook remains highly optimistic. Management has already secured a significant portion of 2026 revenue through forward freight agreements, with Q1 TCE projected at $25,273 per day. With favorable supply-side fundamentals—characterized by a low global orderbook and aging fleet—Seanergy is well-positioned to capitalize on the expanding tonne-mile demand for iron ore and bauxite, promising continued value creation for its stakeholders.

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Nikos Katradis, President of KATRADIS GROUP was honored with the prestigious Entrepreneurship Award by the Academy of Greek Art Awards. This recognition highlights his longstanding contribution to the Piraeus community and his sustained impact on the maritime and business sectors.

The award was presented in acknowledgment of Mr. Katradis’ continuous support, commitment, and meaningful social contribution to the Piraeus region. Through decades of active engagement in the maritime industry, he has consistently demonstrated responsible entrepreneurship, reinforcing the strong connection between business growth and community development.

KATRADIS GROUP has evolved into a dynamic and internationally respected organization, while maintaining deep roots in Piraeus, a city historically linked to shipping and marine services. Mr. Katradis’ vision has always extended beyond business performance, emphasizing ethical practices, long-term partnerships, and initiatives that strengthen the local business.

The award ceremony took place in the presence of Mr. George Andrianopoulos and the Vice President of the Piraeus Chamber of Commerce & Industry (EBEP), Mr. Konstantinos Axladitis. Their presence added particular significance to the occasion, underlining the importance of entrepreneurship as a driving force for regional development and maritime excellence.

This distinction reflects not only Mr. Katradis’ personal dedication but also the core values of KATRADIS GROUP: Integrity, innovation, social responsibility, and commitment to sustainable growth within the maritime community.

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To mark the issuance and commencement of trading of its new corporate bond, the Board of Directors of Capital Clean Energy Carriers held a special "bell-ringing" ceremony at the Athens Stock Exchange (ATHEX) on Thursday, February 26, 2026.
The CEO of the Athens Stock Exchange Group, Mr. Yiannos Kontopoulos, expressed great satisfaction regarding the successful completion of this significant transaction. He highlighted that Capital is an international shipping power focused on the energy transition sector with global operations.
Furthermore, Mr. Kontopoulos expressed his hope for more shipping companies to list on the exchange's main market, noting that such moves would bolster the prestige and international recognition of the Athens Stock Exchange.
In his keynote speech, the COO of Capital Clean Energy Carriers, Mr. Gerasimos Kalogiratos, emphasized that following the successful issuances of 2021 and 2022 (totaling €250 million), today’s listing reaffirms a strong bond of trust with the Greek investing public. 

He noted that the group has successfully completed three bond issuances within just five years.
Mr. Kalogiratos extended his gratitude to ATHEX Management for their seamless cooperation, Piraeus Bank and Euroxx, ALPHA BANK and Optima BankSupport, Auditors, Capital executives and the investors.
He concluded by committing to continued transparency and operational efficiency.
The capital raised from this bond loan is earmarked for three primary strategic goals:
1. Refinancing: Repayment of an existing bond loan.
2. Expansion: Funding the construction of new vessels (newbuilds).
3. Liquidity: Strengthening the company’s working capital.

The traditional opening bell was rung by Mr. Nikolaos Kalapotharakos, CFO of Capital Clean Energy Carriers and Capital Ship Management Corp. 

The event was attended by senior executives from Capital group and the Athens Stock Exchange, banking representatives, and members of the financial and maritime press.

The issue of a Common Bond Loan of "CAPITAL CLEAN ENERGY CARRIERS CORP." was oversubscribed 1.75 times, raising capital of €250 million. A total of 250,000 dematerialized, common, registered bonds of the Company with a nominal value of €1,000 each were offered through the Athens Stock Exchange. The total valid demand expressed by investors who participated in the Public Offering amounted to €438.42 million, marking an oversubscription of the Issue by 1.75 times. 

The offering price of the Bonds has been determined at par, i.e. €1,000 per Bond. The final yield on the Notes was set at 3.75% and the interest rate on the Notes at 3.75% per annum. The Notes were allocated as follows: a) 186,000 Notes (74.4% of the total issued Notes) were allocated to Private Investors, and b) 64,000 Notes (25.6% of the total issued Notes) were allocated to Specialized Investors.

BRIEF PROFILE OF CAPITAL CLEAN ENERGY CARRIERS CORP.

Completing a historic transformation and focusing on LNG transportation, the Nasdaq-listed company, Capital Clean Energy Carriers (formerly Capital Product Partners L.P.) today has one of the youngest and most technologically advanced fleets in the world and is marking record financial performance while strategically positioning itself as a dominant player in the era of energy transition.

Growth prospects

CCEC is implementing one of the most ambitious shipbuilding programs in the world.CCEC has the largest modern fleet of LNG carriers among listed shipping companies in the US (in number of ships). It is implementing a broad investment program of approximately $3 billion in progress to strengthen the fleet with 18 newbuildings (9 latest generation LNG/C, 6 mid-sized dual-fuel LPG vessels and 3 LCO2/multi-gas vessels), which will be delivered between the second quarter of 2026 and the first quarter of 2029. With the scheduled delivery of the newbuildings, CCEC's state-of-the-art fleet will total 32 vessels.

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TOP Ships Inc. has entered into an agreement with an entity affiliated with the Company’s Chief Executive Officer, to acquire 100% of the issued and outstanding shares of nine Marshall Islands companies, counterparties to ship building contracts for nine very-high specification 47,499 dwt Medium Range (“MR”) product/chemical oil tankers with Guangzhou Shipyard International Company Limited, scheduled for delivery during 2028 and 2029.

The ship building contracts’ effectiveness is subject to the issuance of customary refund guarantees and the acquisition of the SPVs is subject to conclusion of financing arrangements. Specifically, the SPVs are currently finalizing lease financing agreements (the “Financings”) with two major Chinese leasing companies, one being ABC Financial Leasing Co., Ltd. or its controlled entities, covering the majority of the ship building contracts’ price for all nine vessels. The Financings were arranged by the Seller and their conclusion is subject to customary closing conditions, including the provision of the Company’s corporate guarantee to the leasing companies.

The Seller has also secured time charter employment with a major oil trader, for all vessels, starting from their delivery and for a firm duration of seven years, with charterer’s option to extend for four additional years.

The total potential gross revenue backlog from these contracts, including optional years, is about $679 million.

The Company has agreed to acquire the shares of all SPVs for an aggregate purchase price of about $41 million and due to the related party nature of the acquisition, the transaction was approved by a special committee composed of independent members of the Company's board of directors, (the “Transaction Committee”). The Transaction Committee obtained a fairness opinion relating to the consideration of this transaction from an independent financial advisor.

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Highlighting on a strategy of continuous profitability, and fleet renewal Seanergy Maritime Holdings Corp., a leading pure-play Capesize shipping company, reported its 17 th consecutive quarterly dividend under its capital return policy, with total cash dividends for 2025 of $0.43 per common share, underscoring the Company’s commitment to disciplined capital allocation and consistent shareholder returns.

On this occasion Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated: “Driven by a strong Capesize market, Seanergy delivered a very strong fourth quarter, marking our fifth consecutive year of profitability. This performance reflects the durability of our pure-play Capesize strategy, disciplined balance sheet management, and our ability to consistently capture market upside. “We remain firmly focused on delivering consistent shareholder returns. In 2025, we distributed $0.43 per common share in cash dividends, and with the declaration of the Q4 dividend of $0.20 per common share, we marked our 17th consecutive quarterly dividend. Since launching our dividend program, we have returned $2.64 per common share, or approximately $51.2 million, to our shareholders, underscoring both the strong earnings capacity of our fleet and our disciplined approach to capital allocation.

“Looking ahead, market fundamentals remain constructive as we move into 2026. Robust iron ore and bauxite trade flows, limited Capesize newbuilding supply, and favorable ton-mile dynamics continue to support earnings visibility. With a high-quality fleet, predominantly index-linked employment, and balanced leverage profile, we believe Seanergy is well positioned to capture meaningful upside in this favorable environment. “Our fleet renewal program is progressing as planned and remains a core strategic priority.

In recent months, we added two prompt, eco newbuilding orders at leading Chinese shipyards: a scrubber-fitted Capesize sister vessel to the unit previously announced, scheduled for delivery in Q3 2027, and a scrubber-fitted Newcastlemax scheduled for delivery in Q2 2028. The total current newbuilding investment of approximately $226 million reflects our intention to continue pursuing selective and prompt newbuilding opportunities when market conditions and financing terms are favorably aligned. “In parallel, and taking advantage of firm secondhand values, we recently agreed to sell the 2010-built Dukeship through an 18-month bareboat arrangement, crystallizing a solid price and generating positive cash flows through the bareboat period. We continue to actively evaluate opportunities to optimize our fleet through selective acquisitions and targeted disposals, while keeping long-term shareholder value and returns as a top priority.

“On the commercial front, we secured index-linked renewals for five vessels, maintaining full participation in a strengthening market while selectively utilizing FFAs to manage volatility. This disciplined approach continues to deliver strong commercial performance. For the first quarter of 2026, we estimate a daily TCE of approximately $25,300, representing a 14% premium to the prevailing AV5 BCI year-to-date, based on the current FFA curve, with approximately 77% of available days fixed at an average rate of $24,739. “Seanergy enters 2026 from a position of financial strength, operational excellence, and strategic clarity, with a clear path toward continued per-share value creation for our shareholders.”

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METLEN and Shell signed a Memorandum of Understanding (MoU) for the supply and trading of Liquefied Natural Gas (LNG). The agreement was signed in Washington by Panagiotis Kanellopoulos, Chief Executive Director, International Energy Supply & Trading at METLEN and Tom Summers, Executive Vice President, Shell LNG.

The two companies will supply and trade volumes of 0.5 to 1.0 bcm annually for the period 2027–2031. The agreement provides for delivery to the Greek LNG receiving and regasification terminals at Revithoussa and Alexandroupolis, as well as the use of the Vertical Gas Corridor to access other European markets.
Evangelos Mytilineos, Executive Chairman of METLEN, emphasized the importance of the partnership in strengthening the company’s role in European natural gas markets, enhancing Europe’s energy resilience and further establishing Greece as a key regional energy hub.

The presence of Stavros Papastavrou - Σταύρος Παπασταύρου, Minister of Environment and Energy of Greece; Chris Wright, U.S. Secretary of Energy, Doug Burgum, Chairman of the National Energy Dominance Council and U.S. Secretary of the Interior, Kimberly Guilfoyle, U.S. Ambassador to Greece; and Colette Hirstius, President of Shell USA, Inc., highlighted the strategic importance of this partnership, which is reshaping the natural gas market in Southeastern Europe.

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After the latest acquisition of ATIVA NÁUTICA in Brazil, and the expansion of the company through the Canada branch, Lalizas opened a new branch in Manila, Philippines and an 880 square meter warehouse facility in Muntinlupa City.

This strategic expansion strengthens LALIZAS’ footprint in Southeast Asia and underscores the company’s commitment to making its products and services more accessible to maritime professionals in the region.

In fact, since June, Philippines Country Manager Crispo Mojica has been actively building strong local connections, representing the company at major industry events, including Philmarine and the Beacon exhibitions, while gaining valuable insights into customer needs and market opportunities.

The Philippine branch will operate as a regional hub, significantly improving product availability, logistics efficiency, and customer support for local distributors, shipowners, and maritime operators. Through our local presence, partners gain direct access to SOLAS and internationally compliant safety equipment and marine solutions, supported by local stock and a globally established manufacturing group.

“The Philippines is a cornerstone of the global maritime industry, and expanding our presence here is a natural step in our global growth strategy,” said Dr. Tasos Galanakis, Vice President - CCO.

“By opening a local branch, we are investing in closer relationships with our partners and ensuring faster, more reliable access to certified marine safety equipment,” mentioned Mr. Stavros Lalizas, CEO.

“Our goal is not only to supply products, but to be a trusted, long-term partner for the Philippine maritime community,” said Crispo Mojica, Country Manager of the LALIZAS Philippines. “This new branch allows us to respond more quickly to customer needs, reduce lead times, and provide localized expertise that supports safer and more efficient maritime operations.”

The opening of the Philippine branch reflects LALIZAS’ continued commitment to expanding its global network and supporting safety at sea through innovation, quality, and local engagement.

In total we celebrate 14 branches, 8 logistic centres, 6 franchises, 8 production plants and more than 1000 team members worldwide. This is what makes us the LALIZAS Force.

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