As the maritime industry navigates an increasingly complex global landscape, Stephenson Harwood celebrates three decades of unwavering support for the Greek shipping community. By inaugurating new, state-of-the-art facilities and expanding its leadership team, the firm reinforces its commitment to innovation, sustainability, and world-class legal expertise.

To mark its 30th anniversary and the launch of a refreshed strategic vision, the global maritime partners of Stephenson Harwood hosted a cocktail reception for international clients at the firm’s new offices in Paleo Faliro. The event signaled a significant milestone in the firm's long-standing history within the Greek market.

During her keynote address, Dora Mace-Kokota, Athens Managing Partner and Global Head of Maritime, Trade & Offshore, highlighted that the recent move to modern, spacious premises in Paleo Faliro is more than just a change of address; it represents a transition into a new era focused on a sustainable and forward-thinking future.

The firm has cultivated a creative and highly specialized team designed to guide Greek shipping interests through the intricacies of the international maritime environment. 

As part of this growth, the firm welcomes the appointment of four new partners: Georgia Asimakopoulos, Paul Katsouris, Andreas Papachristodoulou and Vanessa Tzoannos.

These four accomplished lawyers bring extensive experience and have fully embraced the firm’s new strategic direction. 

Ms. Mace-Kokota also extended her gratitude to Chris Vartzis, Partner and Head of Maritime Finance in Greece, for his pivotal contributions and support, and she concluded by praising the entire Athens team – consisting of 40 highly educated solicitors and management executives – whose collective dedication has established the office as one of the most prestigious and renowned legal practices globally.

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With wishes for a creative, productive, and dynamic new year, the Board of Directors of the Association of Banking and Financial Executives of Hellenic Shipping held its customary New Year’s vasilopita-cutting ceremony for 2026 on January 29 at its offices in Piraeus. Numerous members of the Association attended the event, which was preceded by a blessing and consecration of the cake by Father Andreas.

During the review of the past year, emphasis was placed on the Association’s intense and multifaceted activity, developed through strategic collaborations with bodies of the Greek economy, international diplomacy, and state delegations from all continents. Special reference was made to the many events in which the Association participated together with its members and friends, recording a participation record of thousands of executives from Greek shipping and the wider maritime cluster.

These initiatives attracted representatives of the Greek and international banking markets, the shipbuilding and port industries, as well as productive and institutional stakeholders, strengthening the Association’s role as a point of reference for the shipping finance sector. At the same time, the goals for the new year were presented, including events, thematic forums, and overseas missions aimed at further enhancing its outward-looking strategy and international presence.

The Board of Directors warmly thanked the supporters of the Association’s work and extended an open invitation to new executives active in the banking and financial services sectors of Greek shipping to participate actively in the joint effort to maintain and strengthen the industry’s competitiveness in the international maritime market.

The event was honored by the presence, on behalf of Deputy Minister of Shipping Mr. Stefanos Gikas, of his Office Director, Mr. Athanasios Makris, Rear Admiral (ret.), who conveyed his wishes for a creative and successful new year for all.

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Stamatis Tsantanis, Chairman & CEO of Seanergy Maritime Holdings Corp., participated in Davos Lodge 2026, an exclusive gathering bringing together international business leaders, investors, and policymakers during the week of the World Economic Forum in Davos. Seanergy Maritime Holdings Corp. also served as an official partner of Davos Lodge 2026, supporting the initiative’s mission to foster dialogue and collaboration among global stakeholders addressing key economic and sustainability challenges.

Mr. Tsantanis took part in the panel discussion “Global Trade and Shipping: Navigating Volatility in an Era of Geopolitical Risk”, alongside Maximilian Hoffmann, President of the Foreign Council on Economic Relations of Germany, with moderation by Rhett Power, Editor at Forbes. The discussion focused on the role of shipping in ensuring global trade continuity amid geopolitical uncertainty, supply chain disruption, and market volatility.

Later the same day, Mr. Tsantanis attended the invitation-only closed-door session “Global Shifts – Opportunities in Developed Markets”, featuring Eric Trump, Executive Vice President of The Trump Organization; Rainer Schorr, Co-Founder & Chairman of Standard Land SA; Margarita Louis-Dreyfus, Chairperson of the Louis Dreyfus Group; and John Koudounis, President & CEO of Calamos Investments. The session was moderated by Rhett Power.

The day concluded with a private dinner attended by participating speakers and international executives, offering an opportunity for further exchange of views on global economic developments, investment trends, and the future of international trade.

Davos Lodge serves as a platform for dialogue among global leaders seeking solutions to global challenges and opportunities for sustainable development alongside the broader discussions taking place during the World Economic Forum.

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Being always at the edge of new technologies The Society of Naval Architects and Marine Engineers (SNAME) recently hosted a specialized workshop exploring the integration of drone technology within the maritime sector. As the industry pushes toward 2026, the event highlighted how Unmanned Aerial Vehicles (UAVs) and Remotely Operated Vehicles (ROVs) are transforming traditional survey methods.

The session culminated in the traditional 2026 Vasilopita cutting ceremony, marking a year of expected digital growth in naval engineering.

The workshop focused on three primary pillars where drones are currently disrupting the status quo:
• Enclosed Space Inspections: Navigating hazardous areas without risking human life.

• • Class Surveys: Meeting regulatory requirements through digital eyes.
• • Ultrasonic Thickness Measurements (UTM): Assessing hull integrity and corrosion via specialized payloads.

Mrs. Catherine Prifti (Laskaridis Shipping Co Ltd.) detailed the strategic shift toward safer inspections.

Key takeaways included:

• • Safety First: Utilizing drones helps comply with ESP (Enhanced Survey Programme) regulations while addressing the high rate of accidents in enclosed spaces reported by InterManager.
• • Regulatory Drivers: Requirements such as RightShip Section 6.2 are making digital inspections more of a necessity than an option.
• • The Trade-off: While drones eliminate human entry and provide more granular data, current models face limitations regarding intrinsic safety in volatile environments.

Mr. Papaioannou, (Drobotiq) emphasized the collaboration with classification societies like ABS to refine Ultrasonic Thickness Measurement workflows. He said that Modern

inspection drones feature collision-resilient designs specifically for confined spaces. It was also mentioned that New tech allows for 3D cloud mapping during flight, providing superior data quality compared to manual spot checks.

Mr. Moraitis (Orbidron) provided a historical perspective on the development of maritime drones. He described The journey from 2019 to 2025 focused on achieving stable "flyability" while carrying heavy UTM payloads. Orbidron is now focusing on next-gen capabilities certified by all major classification societies.

Representatives from Zener Maritime Solutions showcased how turnkey project management is revolutionizing the inspection space. By eliminating the need for expensive scaffolding and reducing "drydock surprises" drones are now viewed as an essential tool for asset value protection.

Class societies such as Bureau Veritas, ABS, DNV and Lloyd’s Register gave insightful presentations.

The event concluded with a live demonstration, where a drone performed a visual inspection of a corrugated bulkhead ballast tank and conducted live UTM measurements, proving that quality and technology now go hand in hand.

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The Institute of Chartered Shipbrokers (ICS) Greek Branch hosted its annual Vassilopita Cutting Event on Monday, 9 February 2026, at the premises of V.Ships, welcoming Members, shipping professionals and distinguished guests for an evening combining timely insight with tradition and networking. The event was also live streamed, attracting more than 500 members and professionals from around the world, underlining its strong international reach.

Prior to the traditional Vassilopita cutting, the ICS Greek Branch organized a seminar focusing on geopolitical developments and their impact on global shipping and trade. The seminar featured an esteemed panel of speakers who provided in-depth perspectives on the evolving geopolitical landscape and its direct implications for maritime transport, global supply chains and commercial decision-making within the shipping industry.

The panel included: Professor Athanasios Platias, Professor of Strategy, University of Piraeus, Mr. Vasilis Mouyis, Co-founder & Director, Doric Shipbrokers S.A., Mr. Punit Oza, FICS, President, Institute of Chartered Shipbrokers.

The speakers shared valuable insights into how geopolitical uncertainty continues to reshape global commerce, emphasizing the importance of strategic awareness, adaptability and informed leadership for shipping professionals operating in today’s complex international environment.

Following the seminar, members and guests enjoyed a warm cocktail reception, offering the opportunity for meaningful networking and exchange of views among industry peers. The evening concluded with the much-anticipated Vassilopita Cutting, during which the lucky winners of the traditional coins received special gifts.

The ICS Greek Branch would like to warmly thank the companies and members who generously contributed these wonderful gifts: AEGEAN Airlines, ELIES RESORTS SIFNOS, Euphoria Retreat (Mystras), Hellenic Management Centre, B. & M. Theocharakis Foundation, Guerlain Spa – One & Only Athens (Glyfada), and

Seaorama: World of Shipping. 

Heartfelt thanks are also extended to V.Ships and our Fellow Member, Mr. Dimitris Patrikios, Managing Director of V.Ships Greece, for their generous hospitality in hosting the event at their auditorium and facilities.

The ICS Greek Branch extends its sincere gratitude to the speakers, attendees and supporters for contributing to an engaging and successful evening. The Branch remains committed to promoting knowledge-sharing, professional development and constructive dialogue within the shipping community and looks forward to welcoming its members to future events.

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Bureau Veritas Marine & Offshore (BV) recently launched its Gas Center of Excellence in Doha, Qatar, strengthening its commitment to supporting the continued growth of LNG and gas projects worldwide. The centre brings together BV’s expertise in gas carrier operations, classification, and regulatory compliance to deliver integrated, future-ready support across the gas value chain.

Staffed by a dedicated team of gas specialists with extensive experience in gas carrier operations, both for new building phases and for vessels in service, the Center combines strong regional know-how with Bureau Veritas’ global technical network. Based in Doha, the centre is designed to provide responsive, high-level support to stakeholders in Qatar, across the Middle East, and internationally, reflecting the scale of gas investment and fleet expansion in the region and beyond.

The Gas Center of Excellence builds on BV’s long-standing marine and offshore presence in the Middle East, with operations across 13 offices and with around 120 specialists. So far in the region, BV has classed more than 1250 ships and provides continued marine classification, surveys, audits, and inspections across the full vessel lifecycle, supporting clients throughout the maritime and energy ecosystem.

Today, 50% of the world’s leading energy companies work with BV. Its fleet of gas carriers in service totals 344 vessels, including 153 LNG carriers. In the LNG shipping segment, BV holds a leading position, with 21% of LNG carriers currently on order and 19% of LNG vessels in operation sailing under its class, as of the end of 2025. BV is also a market leader in membrane cargo containment systems and dual-fuel propulsion certification and holds around 30% market share in LNG bunkering vessel classification across newbuilds and vessels in service, and classes more than one-third of the world’s floating LNG units, including FLNGs, FSRUs, and LNG-FSUs.

In recent years, BV has supported major LNG projects for leading energy players, including QatarEnergy, TotalEnergies, Petronas, and Cheniere, providing classification and technical services for next-generation LNG carriers delivered between 2022 – 2025. This experience is reflected in its involvement in QatarEnergy’s LNG carrier newbuilding programs with 174 000 m³ and 271 000 m³ capacity LNG carriers, the largest shipbuilding project in modern history, as well as a condition Assessment Program (CAP) with Nakilat covering more than 22 LNG carriers currently in service.

Beyond marine and offshore, the Center is also backed by Bureau Veritas Group’s broader global testing, inspection and certification capabilities across the entire gas value chain – from upstream production and midstream transport to terminals, storage, distribution networks and LNG facilities. This is further strengthened by BV’s Future Shipping Team, a global cross-disciplinary network of experts driving collaboration, research and innovation to support sustainable, technology-driven progress across the maritime and energy sectors.

Matthieu de Tugny, Executive Vice President, Industrials & Commodities at Bureau Veritas, said: “The expansion of gas infrastructure is a full value-chain challenge, not only a maritime one. With our Gas Center of Excellence in Doha, Bureau Veritas is combining classification with our broader testing, inspection and certification expertise to support stakeholders from production and liquefaction to transport, terminals and distribution networks, helping them manage complexity, ensure asset integrity, and improve performance safely and sustainably across the entire supply chain.”

Alex Gregg-Smith, President, Marine & Offshore at Bureau Veritas, concluded: “Shipping sits at the core of global gas trade, and LNG carriers, bunkering vessels and floating units are becoming ever more sophisticated. BV’s new Gas Center of Excellence strengthens Bureau Veritas’ ability to support ship-owners, operators and shipyards with deep operational expertise, from newbuildings to vessels in service, helping clients manage risk, meet evolving regulations and adopt advanced technologies while improving safety, performance and sustainability across their fleets.”

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The Marine Club of Piraeus recently hosted the 25th International P&I Conference, a landmark event gathering the "who’s who" of the Greek and international P&I shipping community.

Mr. Paris C. Xanalatos - Director of Tide Line Inc. - Chairman of the BoD of the PMC opened the event & Ms. Maria Prevezanou - Director of Evmar Marine Services Ltd. - Treasurer of the BoD of the PMC / Organiser of the Conference thanked the sponsors for their support and trust.

Chaired by Mr. Lou Kollakis, President of Chartworld Shipping Corp, the conference addressed the volatile intersection of geopolitical shifts, green energy transitions, and the evolving risk landscape. From the complexities of "Green" disputes to the sustainability of the International Group’s (IG) reinsurance, the day’s debates highlighted a common theme: the industry must balance traditional shipping pragmatism with an increasingly digital and regulated future.

1. The Green Transition: A Boon for FD&D Disputes?

Motion: Will new fuels and regulations lead to a surge in Freight, Demurrage & Defense (FD&D) claims?

• • The Case "For": Ms. Alexandra Davison (NorthStandard) noted a 10% increase in disputes linked to ESG issues, specifically BIMCO’s EU ETS clauses and Carbon Intensity Indicator (CII) regulations. The argument is that technical complexity naturally breeds legal friction.
• • The Case "Against": Mr. Konstantinos Samaritis (Britannia P&I) argued that existing Charter Party frameworks are robust enough to handle these shifts. He emphasized that the industry has always adapted to disruptions—from Red Sea transits to new fuel sampling—and that mediation and owner-charterer cooperation remain the best tools for resolution.

2. Major Casualties and Reinsurance Stability

Focus: The impact of mega-claims like the X-PRESS PEARL and MSC ELSA 3.

Moderated by Ms. Ismini Panagiotidi (Pavimar SA), this session raised alarms regarding the rising costs of maritime accidents. Panelists including Mr. Ian Barr (The London P&I Club) and Mr. Alan Mackinnon (UK P&I Club) stressed the need for the International Group to work closer with coastal states. The goal is to ensure compensation remains fact-based and proportionate, warning that unchecked costs could eventually threaten the sustainability of the Group’s commercial reinsurance programs.

3. Financial Health: Underwriting vs. Investment Income

Motion: Are P&I Clubs too reliant on volatile investment markets to cover underwriting losses?

• • The Pro-Balance View: Mr. Bjornar Andresen (Gard) argued for strong buffers that reflect solvency rules, suggesting investment strategies must align with the sound performance of the balance sheet.
• • The Technical View: Mr. Marius Vitas (West of England) and Mr. Dimitris Batalis (Shipowners Club) focused on sustainable technical underwriting. While Batalis acknowledged that claims volatility has led to premium increases, he maintained that Club balance sheets remain resilient enough to withstand financial market uncertainty.

4. Cyber Risk: Reality or Hype?

Motion: Does the IT community exaggerate cyber-exposure for the average shipowner?

The consensus leaned heavily toward the reality of the threat. Mr. Daniel A. Tadros (American Club) cited specific instances of government-backed hacking and phishing causing massive financial loss. Mr. Ludvig Nyhlen (The Swedish Club) and Mr. George (Margetis Maritime) emphasized that because P&I Clubs often cannot cover these specific risks, the defense must be internal: rigorous audits, staff training, and "cyber-hygiene" for both seafarers and office personnel.

Closing Remarks: Mr. Lou Kollakis closed the proceedings by calling for continued collaboration across the sector, noting that while the industry is in a period of transition, its ability to adapt to new fuels and frameworks is proven. The community will reconvene for the next international P&I event in 2027.

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Aegean Protective Coatings S.A., a representative of PPG in Greece, completed a high-performance coating project during the dry docking of the passenger vessel Fior Di Levante of Levante Ferries Maritime Co. at OLP Perama Ship Repair Zone in October 2025.

During the dry docking, the hull of Fior Di Levante was coated with PPG SIGMAGLIDE 2390, a biocide-free fouling release product for optimum efficiency.

This project marked another milestone in Aegean Protective Coatings’ ongoing effort to introduce sustainable and innovative coating technologies to the Greek shipping industry with the use of ESTA technology.

By providing on-site technical oversight and guaranteeing the best possible application of the coating system, the Field Technical Service Teams of Aegean and PPG were instrumental in the project's successful completion. The project was executed in collaboration with OLP Perama Repair Yard & Coral Piraeus Ship Repair, whose skilled staff made the project run smoothly and effectively.

PPG SIGMAGLIDE 2390 represents a real breakthrough in fouling release technology and is the latest addition to the renowned PPG SIGMAGLIDE range that has been widely used by many vessel owners and operators worldwide for more than 30 years.

This durable and extremely long-lasting biocide free, fouling release coating will help vessels achieve instant power savings of up to 20% with a speed loss performance of less than 1%. It does this whilst also allowing operators to profit from a considerable reduction in long-term maintenance costs. By lowering vessel emissions by up to 35%, PPG SIGMAGLIDE 2390 makes it significantly easier to meet IMO GHG targets, EEXI and EEDI ratings, and CII compliance. Higher speed flexibility becomes effortless to maintain.

ESTA technology represents a significant advancement in marine coatings application, allowing superior paint adhesion, reduced material waste, and improved environmental sustainability. By utilizing an electrostatically charged spray method, the technique ensures a more uniform and efficient coating application compared to traditional methods.

About Aegean Protective Coatings

Aegean Protective Coatings S.A. is the long-standing representative of PPG Coatings in Greece, providing innovative and high-performance coating solutions for the maritime industry. Through close collaboration with PPG, Aegean Protective Coatings S.A. delivers cutting-edge technology and technical expertise to shipowners and operators.

About PPG

PPG is a global leader in paints, coatings, and specialty materials. With a strong commitment to innovation, sustainability, and performance, PPG’s Protective and Marine Coatings Business delivers state-of-the-art solutions designed to extend the service life of assets and enhance operational efficiency. www.ppgpmc.com

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LALIZAS recently hosted representatives of the Panhellenic Marine-Pilots Association at their local production facilities in Piraeus for a constructive discussion on Embarkation & Pilot Ladders.

During the visit, the pilots shared valuable insights from their daily operations, highlighting the challenges encountered in demanding maritime conditions. The discussion underlined that safety equipment such as Pilot Ladders and Lifejackets are lifesaving appliances, whose effectiveness depends heavily on correct use, proper handling and maintenance. Particular emphasis was placed on the mandatory wearing of lifejackets during boarding and disembarkation operations, reinforcing the importance of strict adherence to established safety protocols.

Clear communication from manufacturers regarding proper use, installation, product lifespan, and limitations was identified as essential in reducing risks. The meeting also highlighted the importance of ship-owner and ship-management companies trusting experienced manufacturers who prioritise certified raw materials, high-quality manufacturing standards, and regulatory compliance. Proper storage and care on board are key factors that contribute significantly to product effectiveness and operational safety.

Direct dialogue with marine pilots provides critical real-world feedback on performance, durability, and ergonomics. This enables LALIZAS to reinforce their ongoing effort to enhance safety through continuous improvement and close cooperation with the maritime industry.

Watch the relevant video here.

About LALIZAS

LALIZAS is a family owned company, whose vision is to produce high quality products that ensure safety at sea, and distribute them in international markets through its well‐established distribution network. It was founded in Piraeus, Greece, in 1982. Its product range includes lifejackets (foam-filled and inflatable) ISO and SOLAS meeting all regulations under any flag, life rafts, MOB devices and navigation lights, immersion suits, safety harnesses, IMO signs and many other marine products. All items are being manufactured and distributed at competitive prices to maritime companies, ship suppliers, chandleries, marine stores, shipyards and boat builders around the world, always taking into consideration the market’s feedback. Τhe genuine care for their customers and the indispensable input of their employees, who are considered as #thelalizasforce, has resulted in the company's growth and will continue to contribute positively to the continuous development of LALIZAS.

For LALIZAS ‘Safety is not just a product, it is an ongoing process!’

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Signal Ocean proceeded to a strategic acquisition of AXSMarine, a recognized leader in the maritime freight and commodities tracking space.
The move reflects Signal's commitment to advancing technology, innovation, and collaboration across the global shipping ecosystem.
Signal Ocean has long held deep respect for the market structure and dynamics of the Shipping industry, as well as for the many companies contributing to its continued evolution. AXSMarine has built an outstanding suite of products with amazing market adoption.
This investment underscores a shared belief in the partnership’s long-term potential and the value it will deliver to our industry. "We have immense respect for AXSMarine’ s achievements - both in the strength of its products, like AXSDry and Alphaliner, and its position in the market" said Ioannis Martinos, CEO of Signal Ocean.

"This investment and partnership is rooted in a shared vision: to build technology and provide quality data that enhance the way our industry operates. Together, we aim to push the boundaries of innovation, deepen collaboration across market participants, and deliver solutions that truly serve the community across prefixing, postfixing and commodities tracking. For our clients, this will mean more robust data and faster feature development". The combined product portfolio extends beyond the primary offerings to also include AXSMarine affiliate Next Voyage Maritime Pte. and Signal Ocean affiliate Shiplex S.A., who develop voyage and ship management ERP solutions. Together, the group now supports a community of more than 1,500 clients. Signal Ocean also reaffirmed the importance of its broader network of partnerships, including its valued relationship with BRS, a leading shipbroking group which remains a long-term satisfied client of both the Signal Ocean and AXSMarine solutions.

The companies will continue developing and strengthening their partnership to create greater alignment and improve efficiency for users across the sector. "Signal Ocean 's investment is a strong endorsement of our mission." said Gilbert Walter, CEO of BRS Group. "We are pleased with our decision to transfer the destiny of AXSMarine to Signal Ocean, a company that truly understands shipping, comes from within the industry, and has consistently demonstrated deep respect for its people and its evolution. Reflecting BRS Group’s confidence in this union, we have decided to invest in Signal Ocean and participate in its board." "I'm very proud of what we've achieved so far, and as we look toward the future of our combined forces, I'm excited to be part of this next chapter in our journey." said Jacques Goudchaux, AXSMarine CEO.

"In this next phase, my goal is to ensure our values stay at the core of every decision, and that we continue creating meaningful impact for our customers, partners, and each other. Our alignment and shared vision will improve and accelerate our ability to serve our markets together for the benefit of our clients". As quality data and technology continue being essential to the global freight and commodities tracking space, this partnership represents a collective step forward - combining deep domain expertise with a forward-thinking approach to innovation. BRS has been advised by:
● Amala Partners as exclusive financial advisor
● ASEMLEX as legal advisor
● CMS France as tax advisor
● CMS UK as UK legal advisor
● Forvis Mazars as financial vendor due diligence provider Signal has been advised by:
● Bredin Prat as legal and tax advisor
● Kerameus & Partners as legal advisor
● Latham & Watkins as UK legal advisor
● PWC France as legal, financial and tax advisor 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. Established in 2014 with offices in London, Athens, and Singapore, 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 AXSMarine - AXSMarine offers a complete suite of interactive, web-based tools and databases to support all commercial ship chartering activities. These integrated solutions enable shipbrokers, operators, owners, charterers, research firms, and financial institutions to streamline complex chartering processes across the Dry Bulk, Tanker, Gas, Liner, and Containership markets. By maintaining the most up-to-date databases in the industry, AXSMarine converts an overwhelming amount of raw data into accessible, searchable, and actionable insights for swift and precise decision-making.
Founded in 2000, AXSMarine is a global provider of sophisticated software solutions serving the international shipping industry, earning the trust of over 18,000 users worldwide. The company delivers unparalleled efficiency through its specialized Ship Chartering & Freight Solutions and deep Commodity Flows & Maritime Data Insights, reflecting a dedication to security, speed, and reliability in every tool designed.

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