NYSE listed company Dorian LPG Ltd. which operates a modern fleet of very large gas carriers (“VLGCs”), agreed with Hanwha Ocean to build three 90,000 cbm dual-fuel Panamax VLGCs for delivery in June, September, and December of 2030 for a total price of approximately $345 million.

The new VLGCs feature dual-fuel engines capable of operating on LPG and conventional low-sulphur fuels, as well as a Shaft Generator system that enables onboard power generation during sea passages. Their hull forms and main engines are optimized to accommodate larger-diameter propellers and energy-saving devices around the propellers, enhancing the vessel’s overall energy efficiency.

John C. Hadjipateras, Chairman, President, and CEO said, “These newbuildings reflect our measured approach to fleet renewal coupled with a capital allocation strategy that drives long-term shareholder value creation.”

In addition to providing our charterers the commercial flexibility to transit “the old” Panama Canal locks these new buildings will be built consistent with our long-term approach of investing in technologically advanced ships that enhance our trading profile and support our commitment to decarbonization.

Dorian also reports the following estimates for its fleet for the quarter ending September 30, 2026, based on the close of business today and estimates that it has fixed 99% of its calendar days at a rate in excess of $88,000 per day. This amount does not include any potential demurrage that may be earned for voyages completing during September 2026.

Finally, on September 2, 2026, Dorian entered into a new seven year $368.4 million credit facility to refinance existing indebtedness under the 2023 A&R Facility, Cougar and Cresques Japanese Financings, and the Commander tranche of the BALCAP Facility. The new facility has a margin of 140 basis points over SOFR with an age-adjusted profile of 22 years and is comprised of a $213.4 million term loan and a $155.1 million revolving credit facility. As the Cresques will enter the credit facility at the end of September, $193.8 million will be drawn at close, and $16 million will be drawn on the revolving credit facility to refinance the Clermont, prior to her delivery to new owners in October. The facility also has a $200 million accordion facility to support the Company’s future growth.

The syndicate is led by coordinating bookrunners Nordea Bank AbP New York Branch, which is also agent, coordinator, and security agent; and Skandinaviska Enskilda Banken AB (Publ) and bookrunners and mandated lead arrangers Crédit Agricole Corporate & Investment Bank, BNP Paribas, Danish Ship Finance A/S, DNB Carnegie, Inc., ING Capital LLC; and Oversea-Chinese Banking Corporation, London Branch. Crédit Agricole Corporate & Investment Bank will also serve as Sustainability Coordinator, as the facility also has a sustainability linked feature.

Ted Young, Chief Financial Officer and Treasurer, said, “We are pleased to conclude this new facility with a highly regarded group of banks with whom we have worked for many years. The facility, when fully drawn, will consolidate four facilities into one and generate overall savings in interest and principal amortization per day. The facility provides ample financial flexibility for growth and fleet renewal with its revolving credit and accordion features.”

Dorian undertakes no obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur, and the Company’s actual results could differ materially from those anticipated in these forward-looking statements.

About Dorian LPG Ltd.

Dorian LPG is a leading owner and operator of modern VLGCs that transport liquefied petroleum gas globally. Dorian LPG's fleet of twenty-five modern VLGCs currently includes six dual-fuel ECO VLGCs, seventeen ECO VLGCs, and two modern VLGCs. Its business is centered around safe, reliable, clean and trouble-free transportation for its customers. Dorian LPG has offices in Stamford, Connecticut, USA; Copenhagen, Denmark; and Athens, Greece. For more information visit www.dorianlpg.com.

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Piraeus-based Kyklades Maritime Corporation, one of Greece’s most respected independent tanker owners and operators, has partnered with global maritime payments provider ShipMoney to introduce digital crew payment solutions across 18 of its vessels.

The agreement will see ShipMoney’s platform used for crew wage advances and payouts across a multinational crew of approximately 500 seafarers drawn from Greece, the Philippines and the Balkans. The move replaces a manual, multi-party coordination process, giving crew members faster and more direct access to their earnings while at sea, and significantly reducing the administrative workload for both

vessel and office teams.

Previously, a crew member requesting an advance, particularly close to a port call or outside normal processing schedules, could require coordination between several parties before funds were released. For seafarers needing urgent access to money for a family matter ashore, that delay was keenly felt. ShipMoney removes that friction entirely.

Capt. Petros Komitopoulos, Manager Manning Dept. at Kyklades Maritime Corporation, said: “The well-being of our seafarers is always at the heart of what we do at Kyklades Maritime. Our partnership with ShipMoney gives our crew greater flexibility and direct access to their earnings while at sea, and the positive response from our seafarers confirms that we are moving in the right direction.”

Stuart Ostrow, President of ShipMoney, said: “Kyklades Maritime are exactly the kind of partner that means something to us. They are serious operators with serious standards, and when a company of their standing

in the Greek shipping community chooses ShipMoney, it matters. But what matters more is what this means for the 500 seafarers on those vessels. These are men and women working hard, far from home, who deserve to be paid simply, safely and on their own terms. That is what we are here for.”

The partnership reflects growing momentum among Greek shipowners towards digital crew payment infrastructure, as the industry moves away from cash-based systems that have long created friction for seafarers managing remittances across multiple currencies and banking environments. Kyklades Maritime’s decision to prioritise the crew experience as the primary measure of success in the transition is consistent with its long-standing commitment to the highest standards of safety, operational excellence and seafarer welfare.

About Kyklades Maritime Corporation

Kyklades Maritime Corporation is a leading independent tanker owner and operator headquartered in Piraeus, Greece. The company manages a modern fleet of crude oil tankers trading worldwide and is dedicated to the highest standards of safety, operational excellence and seafarer welfare. Through continuous investment in its people, fleet and technology, Kyklades Maritime Corporation delivers reliable and efficient maritime transportation while building long-term partnerships with customers and stakeholders across the global shipping industry.

About ShipMoney

ShipMoney is the industry-leading provider of digital payment solutions for the maritime sector, streamlining payroll distribution and eliminating beneficiary and cash-management challenges for ship owners and managers worldwide.

Enabling crew of all nationalities to receive their wages digitally through a secure Visa debit card, e-wallet and mobile app, ShipMoney gives seafarers control and access to their funds anytime, anywhere, while saving them time and money.

ShipMoney serves thousands of seafarers across 150+ countries, delivering reliable, compliant and trusted payment solutions. Its mission is to simplify financial transactions and support crew well-being, no matter where their journey takes them.

Images:  and Stuart Ostrow, President, ShipMoney and Capt. Petros Komitopoulos, Manning Manager, Kyklades Maritime

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bound4blue has received a Design Assessment from Bureau Veritas Marine & Offshore for its flagship Model 3-24 eSAIL®, developed to maximise the contribution of wind propulsion on larger vessels.

Presented during a handover ceremony at SMM 2026 in Hamburg, the assessment confirms that the design has been independently reviewed against Bureau Veritas' technical requirements, providing further confidence for shipowners looking to deploy proven, scalable wind propulsion solutions.

Market moves

bound4blue’s eSAIL® suction sail technology has made significant strides forward across multiple shipping segments in the space of the past year, with more than 50 units now ordered and installations completed onboard 13 vessels.

The Model 3 range spans heights from 24 metres to 36 metres, with the 3-24 becoming the first commercial installation earlier this year onboard Klaveness Combination Carriers' newbuild MV Baltazar. The sails feature an expanded surface area and optimised aerodynamic profile, ensuring even the largest ships can take advantage of compelling commercial and regulatory gains.

Confidence counts

“As the market matures, confidence becomes just as important as innovation,” says José Miguel Bermúdez, CEO and co-founder of bound4blue. “So, as wind takes its place within mainstream fleet investment, independent assessments really do play an increasingly important role in differentiating and substantiating technical solutions.

“Here at bound4blue it’s been a focus since day one. We are committed to engaging with leading Class societies to demonstrate the quality and potential of our proprietary technology. By doing so we provide owners, yards and wider industry stakeholders with the reassurance they need to embrace the wind revolution and unlock significant environmental and business benefits. We’re delighted to achieve this latest recognition from Bureau Veritas as we continue to cement our position as a trusted industry partner.”

Supporting progress

The Model 3-24 builds on bound4blue's proven Model 2 platform, retaining the company's hallmark technical simplicity for straightforward installation and autonomous operation.

eSAILs® work by utilising boundary layer suction to draw air across an aerodynamically optimised surface and generate propulsive force up to seven times greater than rigid sails of the same size, while requiring far less maintenance. The result is significantly lower fuel consumption, reduced CO₂ emissions and improved operational efficiency. In addition, the non-ATEX technology supports compliance with a growing range of environmental regulations, including FuelEU Maritime and the EU Emissions Trading System (EU ETS), while contributing towards improved Carbon Intensity Indicator (CII) performance and EEXI compliance.

Speaking of the Design Assessment process, David Barrow, SVP for Western Europe and Americas at Bureau Veritas Marine & Offshore, comments: “Wind propulsion is becoming an increasingly important element of the maritime industry's decarbonisation journey, and independent technical assessment helps provide confidence as these technologies continue to mature and scale. Through this Design Assessment, Bureau Veritas is pleased to support bound4blue in advancing safe and reliable innovation, helping shipowners reduce emissions while maintaining robust technical standards."

Plug and play

eSAILs® have emerged as a solution of choice for many of shipping’s leading names, including companies such as Maersk Tankers, Eastern Pacific Shipping, Odfjell, Louis Dreyfus Company, and many more.

Designed as a simple, plug-and-play system for both retrofits and newbuilds, bound4blue suction sails operate alongside conventional propulsion systems while also supporting the adoption of future fuels such as methanol and ammonia, helping shipowners integrate complementary sustainability solutions into their decarbonisation strategies.

eSAILs® are market proven to deliver double-digit fuel savings, with typical payback periods of less than five years.

About bound4blue

bound4blue is a wind-assisted propulsion technology company supporting the maritime industry in reducing fuel consumption and emissions. Its eSAIL® system is an automated suction sail that uses wind as a clean energy source to deliver direct thrust to vessels. Founded in 2014, bound4blue is headquartered in Cantabria, Spain, with offices in Barcelona and Singapore, Shanghai and Suzhou. The company works with shipowners, yards and industry partners across newbuild and retrofit projects. Its client portfolio includes Eastern Pacific Shipping, Maersk Tankers, Odfjell, Klaveness Combination Carriers, BW Epic Kosan and Louis Dreyfus Company, among others.

Images: bound4blue receives the Design Assessment from Bureau Veritas Marine & Offshore for its flagship Model 3-24 eSAIL® at SMM

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Reported by Elnavi’s co-publisher Stefanos Papandreou and Elnavi’s editor Elias Papandreou

The 32nd edition of the international maritime exhibition SMM in Hamburg, 1-4 of September, vividly illustrated the pivotal turning point currently facing global shipping. Bringing together 2,300 exhibitors from 70 countries and 50,000 trade visitors, this year's event demonstrated that decarbonization, digitalization, geopolitical volatility, and infrastructure security are no longer isolated challenges, but deeply interconnected facets of the same core agenda. ELNAVI was present on the ground to report on the strategic visions shaping the future of the sector.

SMM Opening Ceremony

Opening SMM 2026, Heiko M. Stutzinger, CEO of Hamburg Messe und Congress, alongside Hamburg’s Senator for Economic Affairs, Dr. Melanie Leonhard, emphasized the imperative of international cooperation in safeguarding critical maritime infrastructure. The introduction of the new Naval Hall B8 further reflected the growing strategic focus on naval defense technologies.

A central theme throughout the opening discussions was the urgent requirement for a unified, global regulatory framework. John Denholm, Chairman of the International Chamber of Shipping (ICS), stressed that industry resilience cannot be built upon a fragmented patchwork of regional rules. Dr. Uwe Lauber, CEO of Everllence, observed that engine technology has already outpaced regulation, calling for immediate progress on the IMO Net-Zero Framework to provide investment certainty.

Officially opening the trade fair, IMO Secretary-General Arsenio Dominguez highlighted the paramount importance of seafarer safety, while framing decarbonization and automation as key drivers of future industrial growth. Meanwhile, DNV Group President and CEO Knut Ørbeck-Nilssen addressed the complex web of market uncertainties, highlighting nuclear propulsion and Small Modular Reactors (SMRs) as emerging components of the energy transition. Additionally, Anu Ahola (Meyer Turku) and Dr. Gaby Bornheim (VDR) discussed maintaining the competitiveness of European shipbuilding and shipowning, while Shri Vijay Kumar outlined India’s extensive investment strategy under the "Maritime Amrit Kaal Vision 2047."

It must be also noticed that the welcome reception of SMM took place at the premises of the amazing International Maritime Museum of Hamburg.

ABS Innovation Summit

At the ABS Innovation Summit, Patrick Ryan, Senior Vice President and CTO of ABS, detailed the deployment of robotics and physical AI across maritime operations. He highlighted the ABS SeaTech Innovation Exchange, which directly links the center in Athens/Piraeus with the ABS technology hub in Houston, fostering cross-border technical collaboration with the Greek maritime cluster. ABS also unveiled ABS PLATO™, an AI-powered platform designed to streamline access to classification rules and statutory requirements.

Rostom Merzouki, Vice President of Sustainability at ABS, presented the latest ABS Outlook, cautioning that operational inefficiency will carry increasingly steep financial penalties under evolving carbon pricing regimes. Merzouki outlined five strategic moves providing a pragmatic operational pathway toward 2035.

During a fireside chat, Marina Hadjipateras (TMV) and Geoff Wagner (ABS) discussed the role of strategic venture capital in commercializing maritime technologies. A subsequent panel on digitalization and AI—moderated by Matthew Mower (ABS Group) and featuring Scott Bergeron (Oldendorff Carriers), Aerin Jungmin Lee (HD Hyundai), Dr. Gunnar Stiesch (Everllence), and Mark Robertshaw (Complexio)—emphasized that AI adoption delivers tangible value by leveraging data availability to enhance safety, operational efficiency, and environmental performance.

DNV Maritime Forecast to 2050

The presentation of DNV’s "Maritime Forecast to 2050" commenced with opening remarks from Cristina Saenz de Santa Maria, CEO Maritime at DNV, followed by an overview of the key findings by lead author Øyvind Sekkesæter. The report highlighted that energy efficiency retrofits can yield considerable fuel savings and recommends shipowners to accelerate energy efficiency and consider all compliance options.

In a fireside conversation with Group president and CEO of DNV Knut Ørbeck-Nilssen and IMO Secretary-General Arsenio Dominguez urged shipowners to prioritize seafarer safety in high-risk zones, noting that regulatory delays should not stall proactive investments in alternative fuel readiness.

The session concluded with an industry panel featuring Harald Fotland (CEO, Odfjell SE), Constantin Baack (CEO, MPC Oceanic Group), Stratos Desypris (COO, Navios Maritime Partners), and Sarah Rollings (Strategic Client Director, Shell Marine), moderated by Anne Moschner (DNV). Panelists emphasized that their fleet strategies remain strictly "fuel and propulsion agnostic," allowing them to navigate technological uncertainty while scaling green solutions at a commercially viable pace.

Greek Maritime Technology Takes Center Stage in Hall B7

The Hellenic Pavilion at Hall B7 (Stands 442 & 318) stood out as a key focal point during SMM 2026, showcasing the strength of the Greek maritime industry. Represented by members of HEMEXPO and WIMA, the joint participation highlighted cutting-edge technological solutions, high-spec marine equipment, and specialized manufacturing and repair services. Greek maritime technology companies demonstrated their readiness to meet the global fleet’s accelerating demands for decarbonization, energy efficiency, and digitalization, successfully reinforcing their international footprint and driving commercial partnerships across global shipping markets.

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Dynamic renewal program on schedule 7 of 26 newbuildings successfully delivered & chartered $3.5 billion in future minimum secured revenues

Following the recent delivery of the shuttle tanker Anfield from Samsung shipyard in South Korea in late July, TEN proceeded to the sale of two 2006-built Suezmax tankers. This transaction will release in excess of $100 million to the company’s cash reserves. “In line with our stated policy of maintaining the modernity and diversity of our fleet, as evident by the 26- vessel newbuilding program currently in effect, of which seven have already been delivered, we continue to monetize the equity value of our first-generation vessels. These vessels, purposely built 20 years ago by TEN for its client’s requirements, have been great contributors to the company’s success,” stated Mr. George Saroglou, President of TEN.

ABOUT TEN Ltd.: Founded in 1993 and celebrating 33 years as a public company, 24 of which on the NYSE, TEN is one of the first and most established public shipping companies in the world. TEN's diversified pro-forma energy fleet currently consists of 81 vessels, totaling approx. 10.5 million dwt.

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Danaos recently took delivery of M/V Tinos Express, the latest addition to its fleet.

The delivery of a new vessel is always a significant milestone, reflecting our continued commitment to the growth and modernization of our fleet and to safe, efficient and responsible shipping.

The company states the following: “We warmly welcome M/V Tinos Express to the Danaos Family and wish her Master and crew fair winds, calm seas and safe voyages ahead.

Welcome aboard, M/V Tinos Express!”

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At the Chios Festival Pioneering Pathways, Irene Notias, Founder & Director of Project Connect^TM, presented the organization's work in connecting education with the maritime industry and creating opportunities for young people to explore careers at sea and ashore.

Established in 2015, Project Connect is a non-profit organization dedicated to preparing the next generation through educational initiatives, industry engagement and experiential learning. The organization operates under the aegis of the Hellenic Ministry of Education, while its educational programs have also been endorsed as well by the Hellenic Ministry of Shipping and Island Policy.

During the presentation, Ms. Notias highlighted the success of Adopt a Ship^TM, Project Connect's flagship program that connects students with seafarers and vessels around the world, bringing the realities of maritime life directly into the classroom. The initiative has engaged 573 captains, 389 vessels, 67 shipping companies, 800 teachers and more than 30,000 students, creating meaningful connections between schools and the maritime community.

Particular emphasis was placed on the strong support of the Chian shipping and maritime services community, with 18 shipping companies and 6 maritime service companies actively supporting Project Connect and its mission to inspire future generations. These include leading Chios and Oinousses roots maritime organizations such as Angelicoussis Group, Alpha Tankers, Fafalios Shipping, Lotus Shipping, Carras (Hellas), Chandris (Hellas), Chartworld, Eurobulk, SteelShips, StarBulk, Sun Enterprises, Prime's Bunkerplus, Marine Tours, Ulysses Systems and others.

The presentation also recognized the contribution of Chios schools, whose students and educators have played an active role in the program, helping strengthen the island's long-standing maritime heritage and its connection with future generations. Examples highlighted included schools from Vrontados, Kardamyla and other educational institutions across Chios that have participated in the exchange of letters, knowledge and experiences with seafarers serving onboard vessels around the world.

"By connecting knowledge with experience, we open horizons for young people and help them discover the opportunities that the maritime sector offers. Together, we are building a generation that cares for the sea and is ready to lead the future," said Irene Notias.

Project Connect's mission is built around three pillars: Education, Development and Maritime Careers, creating a bridge between the classroom and the world of work while strengthening young people's understanding of the maritime industry.

About Project Connect

Founded in 2015, Project Connect is an award-winning non-profit organization that connects young professionals in-the-making with educational and career opportunities, with a particular focus on maritime education, mentorship and industry engagement. The organization operates under the aegis of the Ministry of Education and has received the endorsement of the Ministry of Shipping and Island Policy. Through the support of schools, educators, shipping companies and maritime service providers, Project Connect continues to build meaningful pathways between education and industry for thousands of young people in Greece and internationally.

 Chios Festival "Pioneering Pathways"

At the Chios Festival Pioneering Pathways, Irene Notias, Founder and Director of Project Connect, presented a vision for strengthening the connection between education, personal development, and career opportunities in the maritime sector.

Addressing government officials, industry representatives, educators, and members of the local community, Ms. Notias shared how Project Connect is creating meaningful pathways for young people by bringing them closer to the world of shipping through experiential learning, industry engagement, and mentorship.

The presentation focused on Project Connect's core mission: connecting opportunities with young professionals in the making and building stronger links between primary and secondary schools and the maritime community.

"From the classroom to the industry, our goal is simple: to connect knowledge with experience and open horizons for the next generation. Through education, development and career exposure, we help young people discover opportunities they may never have imagined," said Irene Notias.

During the presentation, Ms. Notias outlined the three pillars of Project Connect:

• Education: inspiring students to learn about the sea, shipping and sustainability.
• Development: offering real-life experiences that transform knowledge into practical understanding and skills.
• Maritime Careers: connecting young people with the maritime industry, mentors and authentic career opportunities.  

A key focus was the success of the"Adopt a Ship" program, which creates direct communication between students and seafarers, enabling children to learn firsthand about life at sea and the human side of the maritime profession. Through letters, messages and ongoing exchanges, students gain a deeper understanding of the people who keep global trade moving.

The program has achieved significant impact, engaging hundreds of captains and vessels, dozens of shipping companies, and tens of thousands of students and teachers across Greece and internationally.

The presentation also highlighted the strong support of the Chian maritime community, whose commitment to education and youth development continues to strengthen the connection between future generations and the shipping industry.

Closing her remarks, Ms. Notias emphasized that investing in young people is essential for the future of both shipping and society.

"Together, we are creating a generation that cares for the sea, understands the value of maritime professions, and is ready to lead the future."

About Project Connect

Project Connect is an award-winning educational initiative that bridges the gap between education and the maritime industry. Through program such as Adopt a Ship, industry engagement activities, mentorship and career awareness initiatives, Project Connect inspires and equips young people to explore opportunities in shipping and related sectors.  

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RINA has unveiled Mermaid, a future-ready ship propulsion concept designed to help shipowners reduce fuel consumption, lower emissions, improve operational resilience and protect long-term asset value while remaining flexible as the maritime industry’s decarbonisation pathway evolves.

Mermaid expands the role of a vessel’s highly efficient two-stroke main engine beyond propulsion, enabling it to become the primary source of onboard power while reducing reliance on less efficient auxiliary engines. The concept combines a shaft generator, propeller shaft clutch and battery energy storage in a new propulsion architecture that improves efficiency without committing owners to a particular fuel pathway.

When a vessel arrives in port, the propeller is disconnected while the main engine continues generating electrical power. Rather than relying on auxiliary engines to meet onboard demand, Mermaid enables the main engine to supply electrical power directly or charge the batteries. Once charged, the batteries provide onboard power, allowing the main engine to operate more efficiently while reducing fuel consumption, emissions and operating costs.

Mermaid also supports a more optimised propulsion system. As slow steaming becomes more common, many vessels spend much of their operating life operating well below the speeds they were originally designed to achieve. By combining aux engines with battery energy storage in a hybrid propulsion scheme, the concept enables propulsion power to be better matched to real operating conditions while maintaining operational flexibility and safety. This reduces the need to install excess engine capacity while providing an additional

source of electrical power that enhances resilience during critical operations.

The benefits are significant. RINA&’s analysis indicates that Mermaid can reduce fuel consumption by more than 1,000 tonnes per year in some applications. By lowering fuel use and emissions, the concept also reduces future compliance costs while helping shipowners protect long-term asset value. Mermaid is fuel agnostic, giving owners greater flexibility as future regulations and technologies continue to evolve. Thanks to the batteries, the concept may also deliver important safety benefits by enhancing onboard power resilience and

reducing the risk of power loss, both for propulsion and electric, during critical operations.

“The challenge facing shipowners today is not simply choosing a fuel, particularly as future solutions may merge that we are not even considering today - said Antonios Trakakis, Energy Transition Solutions Technical Director at RINA -. It is preparing a vessel for a future that nobody can predict with certainty. Ships being ordered today will still be operating well into the 2050s, so today’s decisions need to remain commercially and technically sound for decades.

The Mermaid concept delivers immediate operational and commercial benefits while reducing the need for costly modifications in the future. Instead of optimising vessels for a single decarbonisation scenario, it provides a flexible platform that can adapt as technologies, fuels and regulations evolve.

Importantly, Mermaid delivers value regardless of how the maritime energy transition unfolds.

“Today there is no consensus on which fuels will dominate the future of shipping – said Trakakis -. Owners are being presented with multiple possible pathways, each carrying different risks and uncertainties. Mermaid was designed to work whatever the future brings. If the world changes, the ship is ready. If it does not, the economics still work.”

The concept is applicable across a wide range of vessel types, including tankers, bulk carriers and container ships, and is currently being developed into a fully detailed design following encouraging feedback from both shipowners and shipyards.

By focusing on adaptability rather than a single fuel pathway, Mermaid demonstrates how ship design can help owners reduce costs today while preparing confidently for the uncertainties of tomorrow. The concept reflects RINA’s commitment to developing practical engineering solutions that enable shipowners to balance commercial performance with long- term decarbonisation objectives.

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The premier golf gathering of the maritime industry takes place on September 4–6 at the award-winning The Dunes Course, combining sporting excellence with social contribution

The countdown is on for the Greek Maritime Golf Event, which celebrates 12 years of presence and is preparing to welcome leading executives from the Greek and international maritime community. From September 4 to 6, 2026, the maritime community will gather at Costa Navarino, with this year’s action centered around the impressive The Dunes Course.

Competitive Golf Action & Golf Clinic

The competitive action will reach its peak on Saturday, September 5, at 10:00 a.m. Golfers, competing in teams of four, will take part in a Shotgun Scramble 4-Ball (2 better ball) format, a competition that requires

strategic teamwork and promises a high level of competition throughout the 18 holes.

Alongside the tournament, at 11:30 a.m., a special Golf Clinic will be held for invited guests who wish to discover the fundamentals of the sport under the guidance of an experienced golf professional.

The day will conclude with the Awards Ceremony, hosted by European champion and EuroLeague legend Joe Arlauckas.

Supporting Floga Through Meaningful Action

Remaining true to its charitable character, the Greek Maritime Golf Event actively supports Floga – Parents Association of Children with Cancer. During the Awards Night, guests will have the opportunity to acquire a selection of special gifts at exclusive “Buy Now” prices, with their contributions directly supporting the Association’s efforts to provide essential medical, psychological and social care to children battling cancer.

The Pillars Behind the Event

This year’s event is made possible through the continued support of leading organizations:

As Platinum Sponsor, the internationally renowned ship registry IRI / The Marshall Islands Registry reaffirms its commitment to supporting initiatives that promote networking, excellence and the values of the maritime sector.

Marine Tours, a leading Travel Management company in Southeastern Europe, with more than 45 years of experience in meeting corporate travel needs and deep expertise in supporting the global maritime community, once again supports the event as Silver Sponsor, while embracing and actively contributing to its charitable initiatives.

Arrow, with a strong presence in the international maritime market and expertise in shipbroking services, reaffirms its longstanding connection with the maritime community by participating in the Greek Maritime Golf Event as Bronze Sponsor.

Golden Stone Maritime Ventures SA, active in the international maritime sector with a focus on developing and capitalizing on investment opportunities within shipping, strengthens its presence within the Greek maritime community by participating as an Official Supporter.

Erasmus Shipinvest Group, an integrated international shipping group with expertise in ship ownership, ship management and operations, as well as chartering, participates as an Official Supporter.

HEYDUDE, the international footwear brand redefining casual footwear through a philosophy of freedom, comfort and simplicity, participates as

Official Footwear Partner. Inspired by a carefree, outdoor lifestyle, HEYDUDE creates lightweight and flexible footwear with an effortless aesthetic, designed for every moment, both on and off the golf course. As part of the partnership, HEYDUDE will provide footwear for the event’s production team, while also offering gifts and exclusive discounts to participants.

μ. Artisan Water, the natural mineral water brand that combines quality with contemporary design and a fresh approach to the hospitality experience, will accompany participants and guests throughout the event. Available as both natural mineral and sparkling water in its innovative, 100% recyclable aluminum packaging, μ. Artisan Water brings design and sustainability together, demonstrating that aesthetics can coexist with a modern and more responsible approach.

Napapijri, the premium lifestyle brand inspired by exploration, adventure and outdoor culture, will provide apparel for the event’s participants, bringing together contemporary style, functionality and premium aesthetics at the Greek Maritime Golf Event 2026.

Grey Goose, the internationally renowned premium French vodka, will accompany the Gala Awards Night, offering its signature Grey Goose Espresso Martini to guests and elevating the hospitality experience throughout the evening.

The successful delivery of the event is made possible by the valuable contribution of leading companies that actively support the initiative:

Platinum Sponsor of the event is IRI / The Marshall Islands Registry.

Silver Sponsor is Marine Tours.

Bronze Sponsor is Arrow.

Official Supporters are Golden Stone Maritime Ventures SA and

Erasmus Shipinvest Group.

Official Footwear Partner is HEYDUDE.

Official Water is μ. Artisan Water.

Official Clothing Partner is Napapijri.

Official Partner is Grey Goose.

Premium Mobility Partner is SIXT, a member of MOTODYNAMICS Group.

Official Suppliers are Budweiser, Teddy’s Speakeasy, Aggelis Meatworks, Athi Rodi, Karnabakos, La Cucina Italiana, Benostan, Mind the Ad.

Charity Partners are Costa Navarino, Messinian Nest, Karnabakos, Tsikeli Boutique Hotel Meteora, La Cucina Dormi, Dermaperfect, Napapijri, Anama Restaurant, Kookoonari Beach Bar Restaurant.

Boo Productions is the Audio Visual Partner.

The Greek Maritime Golf Event is organized by Birdie Events and is an initiative of acclaimed Greek professional PGA golfer Thanos Karantzias.

Golf Production is managed by ActiveMedia Group, Sports Marketing Agency of the Year.

#GreekMaritimeGolfEvent

photo credit: @Greek Maritime Golf Event

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Amendment of the Articles of Association Approved by 99,94%

The Extraordinary General Meeting of Shareholders of PPA S.A. was held in accordance with the applicable procedures, with the participation of shareholders representing 81.78% of the Company’s share capital.

During the meeting, it was clarified that the amendment of the relevant articles was necessary in order to align the Company's Articles of Association with modern business practices, the strategic evolution of the port sector, supply chain (logistics) and infrastructure sectors, as well as the Company' s long-term growth objectives.

The General Assembly approved the relevant amendments by a vote of 99.94%.

In his statement, the Company’s Chairman, Mr. Han Chao, noted: “Building on the consistently growth trajectory of PPA S.A., we are modernizing our Articles of Association with the aim of creating the necessary conditions for the further development of PPA S.A. and the implementation of the Company’s long-term strategy.

A key priority remains the advancement of the investments and projects envisaged and approved under the Master Plan of the Port. Establishing a subsidiary company contributes to the further enhancement of supply chain (logistics) services, a sector of particular importance for the future of the company.

At the same time, the provisions concerning the possibility of acquiring interests in companies in Greece or abroad do not relate to any specific project or investment plan at present.

They establish a modern and flexible framework that will enable the Company to assess opportunities compatible with its strategy and long-term objectives.

Today’s amendment of the Articles of Association therefore represents another step forward, strengthening our ability to plan and invest with a long-term perspective, for the benefit of the Company, its shareholders and the Greek economy.”

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