More than 30 maritime industry technical leaders attended the 34th Hellenic Marine Technical Committee Meeting of Bureau Veritas Piraeus on Monday 05th December 2022 at Grand Hyatt Hotel, Athens. The meeting was hosted by Mr. George Andreadis, Marine Chief Executive Greece and was chaired by the Committee Chairman, Mr. George Sarris, President of Enterprises Shipping & Trading S.A.
The event was opened with Mr. Vassilis Dimoulas, Technology and Innovation Manager for Greece, Cyprus and Malta who provided a thorough update on the application of the upcoming IMO regulations; EEXI and CII and the challenges faced with the various power limitation options and CII corrections. Mr. Konstantinos Chatzitolios, Project Development Leader, Greece, Cyprus & Malta, Bureau Veritas, presented a study of the world fleet performance trends, including CII for the last 3 years, revealing the sectors and subsectors with the best and worst performance as well as the possible reasons behind. Vassilios Dimoulas finished the first session with another study that examined the benefits of using biofuels in the CII and EU ETS as well as the related cost for three different ship types. A lively open discussion followed, about the application of the EEXI power limitation.
The second session of the Committee commenced with guest speaker Dr. Sangram K. Nanda, General Manager Product Management & Engineering from Wärtsilä Services, who presented this prominent maker’s solutions for retrofits aimed at decarbonizing the existing fleet. He was followed by Dr John Kokarakis, Technology & Business Development Director of South East Europe, Black Sea and Adriatic Zone Bureau Veritas who set a question of Shakespearean flavor: “To build or not to build? Build the Future-Proof Ship or Retrofit”. The Committee concluded with an open discussion about how owners plan their movements towards meeting the IMO targets for 2030 and 2050 and how this is affecting their fleet renewal plans.
Mr. Andreadis stated: “2022 committee has brought a real sense of momentum. At Bureau Veritas we are pleased to see operational progress. Decarbonization remains equally a key challenge and an amazing opportunity for the industry. At BV, we continue to support our clients. Our mission is to be by our clients’ side and help them navigate the energy transition. We help to perform impact studies of the new IMO regulations, we offer insights through technical seminars, publications, and webinars. It was inspirational to discuss with Greek shipowners who remain committed to help shape the industry of the future.”
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Within the context of the 24th Annual Capital Link Invest in Greece Forum “Sustaining Growth & Investment Momentum,” the New York Stock Exchange in cooperation with Capital Link organized for yet another year, a special ceremony, in honor of Greece, titled “GREEK AMERICAN ISSUER DAY” at the New York Stock Exchange.
The New York Stock Exchange (NYSE) flew the Greek flag on Wall Street and issued special commemorative medals to honor the occasion.
The ceremony was held with the participation of Greek Ministers, the President of ATHEX Group and high level executives representing shipping and other companies listed in the New York Stock Exchange, as well as representatives of companies that participate next day Friday, December 9th, at the “24th Annual Capital Link Invest in Greece Forum “Sustaining Growth & Investment Momentum,”. The Annual Capital Link Invest In Greece Forum, an international summit about Greece taking place in New York annually, is organized this year in cooperation with the New York Stock Exchange, the Athens Exchange and major investment banks.
John Tuttle – Vice Chairman NYSE & President NYSE Institute Intercontinental Exchange Inc. (NYSE: ICE) welcomed the Greek Delegation and the NYSE listed companies. He highlighted the long-standing relationship between the New York Stock Exchange and the Greek and Greek-American business communities, and also pointed out that NYSE’s commitment to the Greek American diaspora, the Greek shipping and business community and the listed companies, remains strong.
Following Mr. Tuttle’s remarks, the Minister of Finance, H.E. Christos Staikouras, Dr. Nikolas P. Tsakos, Founder, President & CEO, TEN Ltd. (NYSE: TNP), and Mr. Yianos Kontopoulos, CEO, ATHEX Group, each delivered brief remarks in honor of the day. They referred to the increasing attractiveness of Greece as a business and investment destination, the internationalization of Greek businesses, the close relations between the United States and Greece across the board and also thanked the New York Stock Exchange for the long standing cooperation and support and for hosting today’s event.
Prior to the closing bell ceremony, an exchange of commemorative gifts took place between Mr. John Tuttle – Vice Chairman NYSE & President NYSE Institute, Intercontinental Exchange Inc. (NYSE: ICE), Dr. Nikolas P. Tsakos, Founder, President & CEO, TEN Ltd. (NYSE: TNP), H.E. Christos Staikouras, Minister of Finance and Mr. Yianos Kontopoulos, CEO of ATHEX Group.
Dr. Nikolas P. Tsakos, Founder, President & CEO, TEN Ltd. (NYSE: TNP), H.E. Christos Staikouras, Minister of Finance, and Mr. Yianos Kontopoulos, CEO of the Athens Exchange, rang the “Closing Bell”, closing the trading session on Thursday, December 8, 2022, of the NYSE-New York Stock Exchange, accompanied by: the Vice Chairman of NYSE & President of NYSE Institute, Intercontinental Exchange Inc. (NYSE: ICE), Mr. John Tuttle, the Alternate Minister of Finance, H.E. Theodore Skylakakis, the Deputy Minister of Development & Investments, H.E. Yannis Tsakiris, the Secretary General, Ministry of Tourism, Mrs. Olympia Anastasopoulou, the Chair of the Hellenic Capital Markets Commission, Dr. Vassiliki Lazarakou, the Consul General of Greece in New York, Mr. Dino Konstantinou, and representatives of NYSE listed companies: Ms. Marina Hadjipateras – Dorian LPG (NYSE: LPG), Mr. Steve Demetriou – CEO, Jacobs (NYSE: J) as well as Ms. Olga Bornozi, Managing Director – Capital Link, and Mr. Nicolas Bornozis, President - Capital Link.
The event was broadcasted live on major news stations in the United States and abroad to an estimated audience of 150 million viewers worldwide.
The active support and participation of NYSE, the world's largest stock exchange, enhances the prestige and the visibility of Greece to a wider international investment audience. It also shows the stable support of NYSE to Greece, the Greek companies, the Greek shipping industry and the Greek American Diaspora. The US Capital Markets are a major source of capital for a growing number of companies of Greek interest and the New York Stock Exchange is playing a leading role in this.
Within the context of the 24th Annual Capital Link Invest in Greece Forum the New York Stock Exchange in cooperation with Capital Link organized a special ceremony in honor of Greece titled “Greek American Issuer Day at NYSE”.
Dr. Nikolas P. Tsakos, Founder, President & CEO, TEN Ltd. (NYSE: TNP), H.E. Christos Staikouras, Minister of Finance, and Mr. Yianos Kontopoulos, CEO of ATHEX Group, rang the “Closing Bell”, closing the trading session on Thursday, December 8, 2022, of the NYSE-New York Stock Exchange
Video: https://forums.capitallink.com/greece/2022/NYSE_Bell.mp4
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The Institute of Chartered Shipbrokers Greek Branch held its 17th Annual Forum, on Wednesday, 7th of December 2022. The title was: “Moving Forward with the World in Turmoil”.
This year’s event took place with physical attendance at the Eugenides Foundation, while it was broadcasted live around the world and attended online by hundreds of friends and members of the Institute.
A welcome address was made by Ms Natalia Margioli - Komninou FICS, Managing Director of the ICS Greek Branch and Hellenic Management Centre who explained how this year’s theme aimed to capture the many challenges facing the shipping industry. She also recognised the continuous support of shipping companies to advance the skills of their human resources, something which has contributed to the resilient character and the progression demonstrated by the Greek professionals.
Mr Nicolas A. Tsavliris, FICS, Chairman of the ICS Greek Branch and Tsavliris Salvage Group acknowledged how important the resilience and the adaptability of shipping industry is to survive every crisis and to - historically - emerge stronger. He emphasized that the ICS annual Forum provides an excellent opportunity for brainstorming and thanked the distinguished industry leaders for accepting the invitation to debate important issues emanating from the theme of the Forum. The Chairman thanked all sponsors whose contribution has been vital in the organisation of the event.
Minister Ioannis Plakiotakis stressed that adaptability, sustainability, and reliability are the elements on which the industry will need to rely on for the years to come.
Following the Minister’s speech, the Forum’s proceedings commenced. The panel included the following distinguished speakers:
The panel was moderated by Mr Simon Ward, FICS, Director, Ursa Shipbrokers.
Ms Ioanna Prokopiou, Managing Director of Prominence Maritime and Sea Traders, also joined the panel.
The forum itself was very informative and comprehensive covering a spectrum of issues facing the shipping industry at a global level. A large part of the discussion has been around the turmoil created by the geopolitical tensions closely intertwined with many economic conditions worldwide. Notably, the war in Ukraine and the related EU sanctions against Russia have disrupted the energy market, making crude oil prices unpredictable and VLCC rates even more volatile. At the same time, relaxation of China’s pandemic measures is expected to positively influence the dry bulk freight market. Special mention was made of the currently booming LNG market which, however, needs to develop and mature.
On what concerns the financing of the industry, it has been remarked that a two-tier financing system has been shaped; on the one hand, the highly regulated European sector with banks greatly focusing on the “E” of the ESG policy and, on the other hand, the Asian market mostly lagging behind in the green financing. All participants underscored that shipping is a cyclical industry and, whatever the challenges, it is sure that it will overcome challenges and adapt to the upcoming changes.
The last part of the panel discussion focused on the younger generation of students and graduates who desire to enter the industry. All of the speakers agreed on the fact that many opportunities exist, especially as new professions emerge with the integration of the 4th Industrial Revolution applications. Despite the many challenges, there is plenty of room in the Greek shipping industry offering well-paying jobs and opportunities for career growth together with social development. It has been commented that there is always a shortage for talent, for motivated young people with high quality education and skills.
A special moment in this year’s Forum was the award given to Mr Harry Hadjimichail, Fellow Member of the Institute of Chartered Shipbrokers and General Manager at Tsakos Shipping and Trading S.A., in recognition of his long-standing dedication, support, and contribution during his 50 years’ membership.
He has witnessed the significant role of the ICS in providing a well-educated workforce and enjoyed - as a Fellow - the benefits of being linked to the international shipping community. The award was presented to Mr Hadjimichail by the International President of the ICS, Mr Kevin Shakesheff.
The ICS Greek Branch was recognised, again this year, for being the largest examination centre in the world and having trained more than 10,000 shipping professionals through its professional maritime programmes since its establishment. This excellent performance of the Greek Branch is translated into one International Prize Winner and 9 distinction students, who have excelled in the ICS Professional Qualifying Examinations in 2021-2022 were honoured during the Awards Giving Ceremony.
The International Prize Winner was Anthi Efthymiadi of Latsco Shipping, for achieving the highest marks in Ship Sale and Purchase Examinations worldwide.
The distinction students are:
Present at the conference were the Minister of Maritime Affairs & Insular Policy, Mr. Giannis Plakiotakis, the British Ambassador to Greece, Mr. Matthew Lodge, the Parliamentary Under-Secretary of State for Europe, Mr. Leo Docherty.
The 17th Annual Forum of the ICS Greek Branch was held with the kind contribution and support of the following sponsors: AB Maritime Inc., Acropolis Chartering & Shipping Inc, Arrow Shipbroking Group, Capital Ship Management Corp., Clarksons Hellas Ltd, Danaos Shipping Co. Ltd, Danaos Management Consultant S.A., Dorian LPG Management Corp, Eastern Mediterranean Maritime Ltd, Element Shipmanagement S.A., GAC Shipping S.A., Hellaschart Ltd, Holman Fenwick Willan International LLP, Horizon Tankers Limited SA, Insight Shipping, The Marshall Islands Registry International Registries Inc., Marine Traffic, Navios Maritime Partners L.P., Nereus Shipping S.A., Safe Bulkers Inc., Seaborne Shipbrokers S.A., Seanergy Maritime Holdings Corp., Star Bulk Carriers Corp., Target Marine S.A., Tsakos Energy Navigation Ltd., Trafigura, Tsavliris Salvage Group, Ursa Shipbrokers S.A
The 17th Annual Forum is available for replay on demand at the following link:17th ICS ANNUAL FORUM - YouTube
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Detailed back testing of actual CO2 emissions of circa 40 tankers that have been part of the Signal Maritime pool against Signal Ocean’s algorithm-based estimates has shown that real-time emission estimates are accurate within less than a 10% margin of error.
The power and simplicity of real-time emission estimates have been recently underlined in pretty much all of this year’s ESG fora, but accuracy is critical if owners, charterers and traders are to depend on them as a trustworthy indicator of a vessel’s CII (Carbon Intensity Indicator) rating in 2023 and beyond. The International Maritime Organization’s MARPOL Annex VI Carbon Intensity Indicator legislation takes effect from 1 January 2023.
With charterers now taking contractual responsibility for a vessel’s ship emissions under BIMCO’s new model CII clause, the need for real-time accurate CII assessments for any vessel based on its actual activity is critical. Whilst every vessel above 5000 GT will have a publicly available CII rating ranging from A to E, this rating will only describe a ship’s performance in the previous calendar year and not how it has performed so far this year, nor how it is likely to perform tomorrow or for the rest of the year.
The vessel emission features offered through the Signal Ocean platform, and the Vessel Emissions API allow shipping participants to see in a simple, systematic and consistent way emissions for any proposed voyage and enable meaningful benchmarking and comparisons.
Signal Ocean COO Dimitris Tsapoulis said: “CII estimations for any vessel or voyage, past, current or future, allow Signal Ocean users to factor in environmental performance at the time they are weighing their chartering options. Anecdotally, traders using the service reported back accuracies that were very close to their own internal calculations, based on actual measurements; we were delighted to see yet another data point in Signal Maritime’s figures.”
He added: “What is even more inspiring than seeing a system with high accuracy estimations is to see the Signal Maritime team producing top-of-class environmental performance by closely tracking and simulating it through data. Environmental performance will undoubtedly play an increasingly critical role in economic success as we approach 2030 and beyond.”
The Signal Ocean estimates vessel emissions, like CO2, from AIS data converted into voyages, where all stops for bunkering operations, idle times, repairs, loads and discharge operations are taken into account. At sea, ballast and laden legs and Sulphur Emission Control Area navigation times are clearly defined. Fuel consumption is mapped to different fuel types (VLSFO, MGO, HSFO) based on the area that vessels have been trading, as well as taking into consideration a rich set of vessel particulars, including dimensions, the country built, and year built, scrubber fitting, consumption curves, operational conditions and vessel speeds.
Earlier this year, the algorithm underpinning Signal Ocean's estimates of vessel CO2 emissions was verified as meeting IMO guidelines by the independent classification society DNV. The service is available for tankers, dry bulk and LPG vessels.
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Tototheo Maritime Co-CEO, Despina Panayiotou Theodosiou, has been included in the Lloyd’s List Top 100 People in Shipping for the sixth year running. Jumping six places in the 2022 listing, she shares the No. 83 spot with Elpi Petraki, who was elected to take over from Mrs Panayiotou Theodosiou as WISTA International President in October 2022 following the completion of her tenure.
The Lloyd’s List Top 100 listing recognises influential individuals who are driving change in shipping. This year’s list has been compiled during a volatile period for an industry which also faces the key challenges of decarbonisation and digitalisation.
Mrs Panayiotou Theodosiou said: “I am truly honoured to feature in the Lloyd’s List Top 100 People in Shipping and I am delighted to share this position with the new WISTA International President, Elpi Petraki. Over the last five years I have made it my mission to increase diversity in shipping and to level the playing field to provide greater opportunities for everyone, while raising awareness of digitalisation, the opportunities it can create and how new technologies can help shape our industry’s future.
“I feel very privileged to be included in this coveted list for the sixth time; it is a position I do not take for granted and am proud to represent WISTA and people working in technology on this list as we continue to try and create a more sustainable future.”
In addition to her role at Tototheo, Mrs Theodosiou holds a number of other positions including Chair of the Electricity Authority of Cyprus, and is a board member of various organizations including the Cyprus Shipping Chamber, the Cyprus Employers and Industrialists Federation, and many others.
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PPA S.A. has completed a large-scale infrastructure upgrade works at the Eastern side of Pier II at the Perama Ship Repair Zone.
The works are part of the second phase of a broader infrastructure improvement project in the Perama ship repair zone involving among others a complete platform replacement.
The first ship to berth at the brand new pier, experiencing first-hand the upgraded services, was warmly welcomed by the relevant PPA department.
It should be noted that works are already in progress on parts of the West side of Pier II and the East side of Pier I for the installation of two new Jib Cranes at the beginning of 2023 that are scheduled for delivery to PPA S.A.
The maintenance works at the Piraeus I floating dock were both started and completed during the second half of 2022. The scope of the project includes the replacement of nearly 400 tons of steel plates & stiffeners, high-pressure hydro-blasting & anti corrosion painting in the ballast tanks and external areas, as well as the maintenance and repair of pumps, valves, and piping systems. During the whole period of special inspection and repair, the average number of workforce in dock and workshops reached 150 per day, while directly driving the need of a large number of materials and relating supporting business activities. In addition, this creates a large number of job and income opportunities for local workers and relevant staff in the industry.
Overall, the systematic enhancement projects and the targeted investments at the Perama Ship Repair Zone have already led to the desired outcomes. The large-scale investment projects started back in 2016 by COSCO SHIPPING GROUP, greatly contributed towards the revitalization of the Ship Repair industry in the country. All ship repair operation indicators are improving on a year on year basis, while enabling state of the art services, higher capacity solutions and higher safety standards. It is worth noting that in 2016 were only 69 vessels docked in PPA floating docks while in the year 2022 are expected to reach about 150 vessels. The working days in the docks have been increased similarly from 435 in 2016 to 1306 in 2022.
PPA Chairman Yu Zenggang said: “PPA’s aim was the provision of upgraded ship repair and maintenance services for all companies active in the industry. More importantly, the ship repair zone is an important new jobs generator, positively boosting the local economy. The 55 million euros in relevant mandatory investment projects are gradually advancing as planned, injecting a strong impetus into the local ship repair industry, towards transforming the Port of Piraeus into a significant regional ship repair hub.”
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Spring Marine Management S.A., a ship manager based in Athens, Greece, has added Dualog® Drive data transfer service to improve the management of their fleet of 25 vessels.
A key challenge for many shipping companies is to reduce manual work and eliminate time-consuming operations when handling data transfers in shipping IT environments. Also, reducing the complexity of handling data exchange in maritime conditions is a key priority.
This was very much the situation for Spring Marine, a small, agile ship management company with a one-person IT department. The objective was clear: Find a solution that helps them spend less time on the IT system while improving the workflow when distributing documents and data across their fleet.
Konstantinos Zacharias, ICT Manager of Spring Marine, explains: " across a fleet has always been a challenge in our industry. Dualog® Drive offers a very streamlined way of automating tasks. Once configured, I can relax because the system automatically transfers the documents from ship to shore and vice versa. I can now spend my time focusing on other important responsibilities."
He also emphasises the user experience for task creation and flexibility in the system: "We started with a few initial data transfer requirements and made tasks to fit those. After testing, we quickly expanded to solve more use cases and created additional tasks to suit these needs. We are confident Dualog Drive will become the perfect tool for future challenges."
Very impressed with the installation procedure
When asked about highlights of the system, Mr Zacharias beams when he describes the smooth roll-out process. "The Dualog systems use something they call 'Link Activation Codes' to get the onboard installations to connect with the office. I only needed to send the small installation file to the captain and share the appropriate code. Within a few minutes, we could see that the vessel was online and ready to receive or transmit data. It worked like magic!"
Kyriakos Papapolydorou, Regional Sales Manager at Dualog, said: "The entire process with Spring Marine has been very smooth. They had clear goals to improve. Our objective has been to reduce the agony of managing data transfers between ship and shore. Based on customer feedback, we seem to have succeeded”.
Image 1: Kyriakos Papapolydorou, Regional Sales Manager at Dualog
Image 2: One of the 25 vessels in Spring Marine’s fleet
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The Union of Greek Shipowners recognizes the final outcome of the negotiations between the European institutions regarding the inclusion of shipping in the European Union Emissions Trading System (EU ETS) as a positive development.
The agreement reflects to a significant extent the positions of the European shipping industry, namely the due application of the “polluter pays” principle - making a ship’s commercial operator responsible for the compliance cost - and the earmarking of part of the revenues generated from shipping for the decarbonisation of the sector. Both proposals have been consistently advocated by the UGS since April 2021.
“We view several aspects of this provisional agreement positively, notwithstanding the fact that the EU ETS is a regional measure. Many important parameters of its application remain to be determined and vigilance is needed to ensure that they are suitable for the sector”, the President of UGS, Ms. M. Travlos, stated.
The UGS is firmly committed to the decarbonisation of the shipping industry. To this end, it highlights again the importance of committing all the relevant out-of-sector stakeholders to this challenging undertaking. Effective mandatory measures for the other stakeholders, such as fuel producers and suppliers, are also necessary.
“Shipping performs consistently an indispensable service for the welfare of the citizens of the world. The strategic importance of shipping is exhibited more vividly during times of geopolitical turmoil or global emergencies. Similarly, ships will also constitute one of the prime facilitators of global decarbonisation, as they will transport most of the new alternative fuels worldwide”, Ms. Travlos added.
Today, with the beginning of a new round of discussions on shipping’s decarbonisation at the International Maritime Organis
“We very much look forward to the IMO taking firm decisions that will achieve truly environmental benefits”, Ms. Travlos concluded.
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The President and immediate past President of the Union of Greek Shipowners (UGS) were both recognised with major awards on Friday, December 2 as the 2022 Lloyd’s List Greek Shipping Awards were presented in front of an industry audience of more than 1,000 guests.
Melina Travlos, who earlier this year was elected the first woman President of the UGS, was named Greek Shipping Personality of the Year. Ms Travlos was revealed as winner of the Award just minutes after the Lloyd’s List/Propeller Club Lifetime Achievement Award was presented to her predecessor, Theodore Veniamis, who had led the country’s shipowning community for 13 years until standing down in 2022.
Other major individual awards included the Newsmaker of the Year Award to shipowner Harry Vafias, for a long list of newsworthy activities including the launch of a second Nasdaq-listed shipping company, Imperial Petroleum.
Dorothea Ioannou of the American P&I Club was unveiled as the International Personality of the Year after becoming the first woman to lead an International Group club in the 167 years since the mutual system began.
The Next Generation Shipping Award went to Antonis Malaxianakis, founder and Chief Executive of Harbor Lab, a tech start-up providing innovative software that focuses on port costs for vessels.
In a welcome address, Minister of Shipping & Island Policy Ioannis Plakiotakis offered his congratulations to the nominees as well as the winners of the 2022 Awards.
GMS, the world’s largest buyer of ships and offshore assets for recycling, was overall lead sponsor of the Greek Shipping Awards. Guests enjoyed a pre-dinner drinks reception hosted by Erma First while China Classification Society offered the traditional champagne toast to the health of Greek shipping.
A donation from proceeds of the event went to ‘Argo’, the charity supporting children with disabilities in the families of Greek seafarers. The annual awards recognise achievement and meritorious activity in the Greek shipping industry and promote Greece as a maritime centre. Winners are chosen by an independent panel of judges representing a broad cross-section of the Greek shipping industry.
The 2022 Greek Shipping Awards event was co-hosted by award-winning ERT broadcaster Andriana Paraskevopoulou together with Lloyd’s List correspondent in Greece Nigel Lowry.
THE 2022 WINNERS IN FULL
Melina Travlos was voted 2022 Greek Shipping Personality of the Year.
Theodore E. Veniamis was awarded the Lloyd’s List / Propeller Club Lifetime Achievement Award for a highly successful career in shipping that began nearly 50 years ago.
Lloyd’s List’s Greek Shipping Newsmaker of the Year Award went to Harry Vafias, Chief Executive, StealthGas and Imperial Petroleum.
Antonis Malaxianakis won the New Generation Shipping Award, open to personalities of no more than 40 years of age.
Dorothea Ioannou, Chief Executive of the managing company of the American P&I Club, was elected International Personality of the Year.
The recipient of the Dry Cargo Company of the Year Award for 2022 was Ionic Bulk Carriers, managing a modern fleet of 14 bulk carriers.
As Tanker Company of the Year the panel chose Andriaki Shipping, the tanker managing company established by the N J Goulandris Group, now in its 70th year.
Levante Ferries was unveiled as Passenger Line of the Year.
BRS Group Athens Ltd won the Shipbroker of the Year Award.
The Greek Shipping Financier of the Year Award went to Athens Stock Exchange.
Dr. Chris Leontopoulos of ABS was awarded the Technical Achievement Award.
Load Line Marine won The Safety Award.
Polygreen won The Sustainability Award.
Technava was recipient of this year’s prestigious Piraeus International Centre Award.
The Seafarer of the Year Award was won by Capt. Kimon Christodoulou, Master of the Sun Enterprises tanker ‘Christina’ for a rescue of 27 refugees from a small boat in the Aegean in August 2022.
Project Connect, which operates the Adopt-A-Ship programme in Greek schools, was named winner of the 2022 Education or Training Award.
The Ship of the Year Award went to “Aero 1, 2, 3”, the newly-built catamarans put into service in the Saronic Gulf by Attica Group this year.
The Lloyd’s List Intelligence Big Data Award was presented to HiLo.
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Dr. Chris Leontopoulos, ABS Director, Global Ship Systems Center, received the Technical Achievement Award at the 2022 Lloyd’s List Greek Shipping Awards for his contributions to pioneering vessel technologies and research, including the prototype award-winning “Smart Bearing Sensor” and the pioneering of the bearing double-slope optimization concept, already applied in the majority of new building vessels.
His more recent initiatives involved the ABS approval in principle (AIP) to the Shanghai Merchant Ship Design and Research Institute (SDARI) for a revolutionary vessel design that negates the risk of pollution from oil lubricated bearings and promotes efficient vessel operations. The SDARI design, developed in cooperation with Thordon Bearings Inc. and the National Technical University of Athens (NTUA), involves removal of the stern tube casting, employing seawater for aftmost bearing lubrication and creating an aft chamber to permit in-water shaft and bearing maintenance for the first time, thus eliminating the need for drydocking or shaft line removal for bearing/seal replacement.
“I am delighted for Chris and the project stakeholders to be recognized for their work by the industry. As a technology leader, we are pleased to apply our insight and experience to support innovation, working with industry leaders on significant new technologies like this one for SDARI, NTUA and Thordon Bearings,” said Patrick Ryan, ABS Senior Vice President, Global Engineering and Technology.
ABS is guiding the industry with leading research and insights to support technology advancement in the marine and offshore industries. More information about ABS’ innovative approaches for safe and sustainable operations in maritime can be found here.
Photo Caption: Dr. Chris Leontopoulos, head of the ABS Global Ship Systems Center, accepts the Technical Achievement Award from sponsor Leonidas Karystios, DNV Director Business Development
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