Within the framework of the International Conference "Maritime Cyprus 2025" The electoral General Assembly of the Cyprus Shipowners' Association was held in α friendly atmosphere in Limassol.

During the General Assembly for the appointment of the new Board of Directors, the baton of President from Mr. Andreas Hadjiyiannis, was taken by Mr. Polys V. Hajioannou.

The Deputy Minister of Shipping, Mrs. Hadjimanolis, also attended the Electoral Assembly, who congratulated the elected officials and assured them once again that the government of Nikos Christodoulidis is on the side of the industry, taking seriously into account the suggestions and problems of the shipping community.

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With the initiative of Aries Shipping recently a high-level event was organised at its headquarters in Glyfada celebrating the deepening trade and shipping ties between Greece and Vietnam. The event, hosted by Capt. Gabriel Petridis, Managing Director of Aries Shipping, which has a strategic partnership with the Vietnam Maritime Corporation (VIMC), welcomed a distinguished Vietnamese delegation led by the Deputy President of the Vietnamese Parliament.

Capt. Petridis highlighted the unparalleled competitive advantage of Greek shipowners that control the world's largest commercial and tramp fleet. He emphasized that as China expands its reach across transport and logistics, Vietnam is uniquely positioned to compete by leveraging its rich resources and capable human workforce.

The core of the discussion centered on a bold proposal: Greece can share its vast shipping expertise to help Vietnam develop a sustainable and efficient national fleet. This initiative would allow Vietnam to become a more active participant in global sea commerce, ultimately securing its own energy and food sufficiency. An added benefit would be the creation of thousands of jobs and a boost to the country’s shipbuilding industry, as new vessels would be constructed in Vietnamese shipyards.

To realize this ambitious project, Capt. Petridis stressed the critical need to persuade Vietnamese banks to provide the necessary capital. He argued that this strategy of achieving energy autonomy and upgrading the nation's shipbuilding capacity would significantly improve Vietnam's geopolitical standing and security level.

The Deputy President of the Vietnamese Parliament expressed his enthusiasm for the proposal, affirming his complete understanding of the need to mobilize all resources for the project. He committed to communicating the need for a more sophisticated maritime economy to the head of the Vietnamese government. The event concluded with a mutual agreement to define the next steps for a more active cooperation, ensuring mutual benefit for both nations.

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The 2025 WISTA AGM and Conference will be the biggest WISTA International event to date, bringing together over 400 maritime professionals from around the world.

This year’s organisers – WISTA Spain - report a sold-out event with just over two weeks to go until doors open at the World Trade Center in the vibrant Spanish port city of Barcelona. Taking place from 22 - 24 October and under the theme Powering the Future of Shipping and Trade: Global Energy in Challenging Times, proceedings will focus on some key issues and challenges facing global logistics, including decarbonization, electrification, and emerging technologies.

Elpi Petraki, President of WISTA International, said: “The scale of this year’s WISTA conference is a powerful signal of our continuing momentum in creating a more sustainable and inclusive maritime future. The event will not only address pressing industry challenges, but it will provide an opportunity for attendees to collaborate, share ideas and offer meaningful input, to underline the growing role of women in shaping the shipping, trading and logistics sectors.”

Conference attendees will hear from a stellar line-up of industry experts, with highlights including a ‘fireside chat’ with Arsenio Domínguez, Secretary General of the International Maritime Organization and Dorothea Ioannou, CEO of the American P&I Club.  Attractions also include a high-impact roundtable on Decarbonisation: Impacts on Shipping, Cruise, and Energy Industries, and a timely discussion on Shore Power and Port Electrification - chaired by Isabelle Ryckbost, Secretary General of the European Sea Ports Organisation.
Meanwhile, Marta Prado Larburu, CEO of INCOTRANS and DS4T will lead a discussion on global trade, before Ann Fenech, Partner and Head of the Marine Litigation Department, Fenech & Fenech Advocates, examines the importance to international trade of the Convention of International Effects of the Judicial Sale of Ships. 
Rosana Velasco, President of WISTA Spain, said: “It is a great honour for WISTA Spain to host this prestigious international event. We look forward to welcoming members of the global maritime community, as well as representatives from the Spanish government and maritime authorities to Barcelona in November. The WISTA International Conference is a unique opportunity to develop as professionals, exchange knowledge and create networks that can help careers flourish, change minds and strengthen the maritime industry.”

Download the full agenda here: https://wistabarcelona2025.com/detailed-program/

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On September 30, 2025, following the conclusion of the 11th ShipIT Conference held at the Wyndham Grand Athens, Ammitec, the Association of IT Managers in Shipping, successfully conducted its General Assembly and elections for the new Board of Directors.

The Assembly was conducted in a hybrid format, allowing both physical and remote participation. AMMITEC members cast their votes securely through the ZEUS electronic voting platform, demonstrating once again their strong engagement and commitment to the association’s mission.

The newly elected Board of Directors is as follows:

Mr. Matthew Maheras – President, CIO, Metrostar Management Corp.

Mrs. Anna Vazintari – Vice President, CTO / CISO, Eurobulk Ltd.

Mr. Michalis Michaloliakos – Treasurer, Head of ICT & Cyber Security, TMS

Mrs. Theofano Somaripa – Secretary, CIO, Newport S.A.

Mr. Themistoklis Sardis – Member, Head of IT, Costamare

Mr. Konstantinos Sakellakos – Member, IT Manager, Navarone S.A.

Mr. Ioannis Rizos – Member, Head of ICT Infrastructure, Dynagas Ltd.

Mr. Michalis Kantartzoglou – Alternate Member, CIO, Eletson

Mr. Stavros Mystegniotis – Alternate Member, ICT Coordinator, Liquimar Tankers Management

In recognition of their longstanding contribution and many years of dedicated service on the Board of Directors, AMMITEC honored with commemorative plaques:

Mrs. Katerina Raptaki, IT Manager, Navios Group

Mr. Stelios Sabanis, Head of ICT, GasLog Ltd.

Mr. Dimitris Makris, IT Manager, Andriaki Shipping Co.

Mr. Tasos Makris, Adjunct Lecturer, Hellenic American College (HAC)

Ammitec remains committed to digital transformation, cybersecurity, and promoting modern technologies in shipping. The association looks forward to continuing its role as the trusted voice of maritime ICT professionals, fostering innovation and collaboration across the industry.

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UMAR Shipping Services Ltd, part of the UW Group, is proud to announce that it has been awarded with the Corporate Social Responsibility (CSR) Best Practices Award (Medium Enterprises category) at the 4th CSR Best Practices Awards, organized by CSR Cyprus. This distinction honors the company’s flagship initiative, UW Galaxy, developed through the Life Jacket Foundation. The event took place during the 17th Corporate Sustainability & Responsibility Conference, on September 25^th, 2025, at Zena Palace in Nicosia.

About UW Galaxy

UW Galaxy was created to reduce single-use plastic bags while raising funds to support children in need. The campaign introduced reusable, foldable shopping bags, available in four unique marine-inspired designs — turtle, octopus, whale, and seahorse.

Each bag carried the message: “The expression of our love for the sea and its creatures. A medium to help children in need and nurture the next generation of seafarers.”

The bags were sold for just €3, with 100% of proceeds dedicated to supporting children with financial, medical, and educational needs. Through UW Galaxy, all the funds raised were donated directly to schools and child welfare organizations.

A Collective Effort

The initiative was embraced wholeheartedly by UW Group’s people, partners, and the wider community. Beyond fundraising, UW Galaxy raised awareness about the importance of protecting marine ecosystems and fostering a culture of sustainability linked to the maritime industry.

Recognition
Accepting the award on behalf of the company, UW Group COO, Vangelis Tsangarides stated:
“UMAR Shipping Services, as a key pillar of UW Group, proves that true success is not measured only in financial terms, but also in society impact. Through the Life Jacket Foundation we support children and childcare organizations in Cyprus. With the UW Galaxy campaign we cultivate ecological awareness and contribute to reducing the use of plastic bags. Every bag purchased, every child who smiles, is proof that when we join forces, we can shape a better tomorrow”.

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A night of celebration and appreciation unfolded under the starlit sky. T&T Salvage orchestrated a memorable cocktail reception at the Barbarossa World Restaurant in the enchanting Athens Riviera, warmly welcoming 250 guests. 

In the realm of Greek Shipping, a formidable global presence, T&T Salvage have steadfastly supported this industry for numerous years. Shipowners, Underwriters, Insurance Brokers, Average Adjusters, legal professionals, and Greek salvage counterparts converged for a delightful networking soirée. 

Special mention during the night to the Hellas team, Ms. Anna Shipilli who celebrated her birthday amongst friends and associates and to Mr. Elias Psyllos, the first Greek American President (elect) of the American Salvage Association, taking the helm on 2 December 2025. 

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The recent Capital Link forum in Athens addressed crucial challenges in the maritime sector, spotlighting the push for net-zero emissions. Discussions emphasized the transformative role of Artificial Intelligence and digitalization in enhancing shipping sustainability and efficiency. Key takeaways stressed that achieving decarbonization requires immediate operational improvements alongside the adoption of future fuels and new technologies.

Welcome remarks made by Mr. Nicolas Bornozis, President – Capital Link, Inc. Ms. Olga Stavropoulou, Director General – HELMEPA.

OPENING KEYNOTE REMARKS presented by Mr. Christopher J. Wiernicki Chairman and CEO ABS.

CELEBRATING STRONG U.S.-GREECE MARITIME TIES FROM THE UNITED STATES

Mr. Joshua Huck Chargé d’ Affaires U.S. Embassy in Athens, Greece in his address focused on the Revitalisation of US maritime sector with the partnership of Greece a leading maritime nation. Mr. Vasilis Kikilias expressed his pride in representing Greek shipping a dominant trade power in the world and E.U. controlling 20% of tonnage worldwide and 61% of EU fleet.

A debate on net zero- Navigating between the ambition and reality was moderated by Mr. Christopher J. Wiernicki, Chairman and CEO – ABS with Panelists Mr. Roel Hoenders, Head of Climate Action and Clean Air, Marine Environment Division – IMO, Mr. Philippos Philis, Chairman & Chief Executive Officer – Lemissoler Navigation Co. Ltd; President – ECSA European Shipowners (2022-2024), Ms. Ioanna Procopiou, Managing Director – Prominence Maritime; President Designate – BIMCO; Member of the Board – Union of Greek Shipowners, Ms. Charis Plakantonaki, Chief Strategy Officer – Star Bulk Carriers Corp. (NASDAQ: SBLK) . Long term planning is needed in shipping and for the time being there is no infrastructure for alternative fuels even LNG cannot be bunkered worldwide said Mrs Prokopiou. Investments in the green require a great amount of capital therefore generous incentives are needed to be provided to move forward, remarked Mrs Plakantonaki. The levy proposal is a more affordable solution by the shipping industry, pointed out Mr. Phillis.

The next panel discussed the issue of artificial intelligence & maritime transformation and Moderated by Mr. Spyridon Zolotas, Vice President, South Europe, Marine – RINA Panelists: • Mr. Gary Lloyd, Chief of Architecture and Strategy – 90 Percent of Everything (90POE) • Mr. Alex Hadjipateras, COO – Dorian LPG Ltd. (NYSE: LPG) • Ms. Eleni Polychronopoulou, President – ERMA TECH GROUP; BoD Member – HELMEPA • Mr. Tim Ponath, CEO – NSB Group • Mr. Theo G. Baltatzis, General Manager – Technomar Shipping.

Dorian has embraced AI in the maintenance and daily operations of its fleet and looking to the future AI will be installed in new building, said Mr. Hadjipateras.

Technomar is putting emphasis on the Performance data analysis and regulatory compliance, remarked Mr. Baltatzis.

Mrs Polychropoulou referred to the role of AI in monitoring air emissions and data collection and pointed out that AI is an essential tool in all spectrum of the company’s operations optimising the performance and efficiency of all tasks. Mr. Ponath focused on the decarbonisation process and other aspects like crew training looking this tool as an opportunity to develop. Digitalisation moves very fast therefore you need partnerships to develop integrated systems covering the needs of your clients emphasised Mrs Polychronopoulou.

AI tools are also necessary in improving safety, transparency avoiding legal implications added Mr. Hadjipateras.

The theme of the 3rd panel was: CHARTING A COURSE FOR OPERATIONAL EXCELLENCE BALANCING SAFETY, SUSTAINABILITY, AND EFFICIENCY.

It was moderated by Mr. Leonidas Karystios, Regional Business Development Manager – DNV Maritime with Panelists: • Mr. Stylianos Psillakis, Technical Director – Columbia Shipmanagement Greece • Mr. Dimitris Vastarouchas, Chief Operating Officer & Vice President – Danaos Corporation (NYSE: DAC) • Mr. Evangelos Sfakiotakis, Chief Operating Officer – Diana Shipping Services S.A. • Mr. Dimitris Patrikios, Managing Director – V.Ships Greece.

The speakers elaborated on the issues of decarbonisation and sustainability and the need to sustain a constructive dialogue and channels of collaboration to share data and knowledge.

FROM DATA TO DECISIONS: THE ROLE OF INTELLIGENT SOFTWARE IN MARITIME OPERATIONS Presented By: Ms. Staci Satterwhite, Chief Executive Officer – ABS Wavesight

A KEYNOTE ROUNDTABLE DISCUSSION Moderated: Mr. Christopher J. Wiernicki, Chairman and CEO – ABS. The following Panelists discussed the issues of decarbonisation and sustainability: Mr. Paolo d' Amico, Chairman – INTERTANKO (2018-2024); Chairman – d' Amico International Shipping S.A. (BIT:DIS; OTCQX: DMCOF) • Mr. Dimitrios Fafalios, Chairman – INTERCARGO (2019-2024); President / Director – Fafalios Shipping S.A.; Secretary of the Board of Directors – Union of Greek Shipowners • Ms. Karrie Trauth, Executive Vice President Shipping and Maritime – Shell plc; Vice President – UK Chamber of Shipping. Mr. Fafalios underlined that we must decarbonise our industry with respect to the basic values and principles of the shipping practices. He also pointed out that shipping is highly efficient mean of transportation and he expressed his belief that will be absolutely ready to meet 2050 targets.

Mr. D’ amico told that the regulators must regulate the technology which is advancing and not that one that does not exist. He also explained the crucial role of the maritime training in creating a more sustainable environment. Mr. Fafalios also pointed out that if nuclear power is used onboard then we need to train steam engineers an old fashioned shipping profession.

THE “2025 CAPITAL LINK MARITIME SUSTAINABILITY AWARD” was Presented to both Mr. Paolo d'Amico, Chairman – INTERTANKO (2018-2024); Chairman – d'Amico International Shipping S.A. (BIT:DIS; OTCQX: DMCOF) • Mr. Dimitrios Fafalios, Chairman – INTERCARGO (2019-2024); President / Director – Fafalios Shipping S.A.; Secretary of the Board of Directors – Union of Greek Shipowners. Mr D’ amico was Introduced by Dr. Nikolas P. Tsakos, Founder & CEO – TEN Ltd. (NYSE: TEN); Chairman – INTERTANKO (2014-2018). He said that he was the most successful president of Intertanko following at the same time the traditional and well established values of the shipping industry. The award for Mr. Fafalios was introduced by Mr. John Xylas, Chairman – INTERCARGO; President and CEO – Ariston Navigation Corp.; Member of the Board – Union of Greek Shipowners. He said that Mr. Fafalios continues a long family tradition in shipping from Vrontados in Chios. He has studied naval architect and served as Intertanko’s president from 2020-2024 putting emphasis in the safety matters and decarbonisation process of the shipping industry. Mr. Fafalios accepting the award underlined that safety and sustainability must go hand in hand.

A very interesting panel discussion was conducted by Ms. Elina Papageorgiou, Global Strategic Growth Director & Vice President, Greece & Cyprus – Lloyd's Register with panelists: • Dr. George D. Pateras, Deputy Chairman – Contships Management Inc; Former President – Hellenic Chamber of Shipping (2016-2025) • Mr. Marcos C. Vassilikos, Managing Director – Eurobulk • Mr. Georgios Plevrakis, Senior Advisor – Head of Business Development Strategy and Market Development Europe – Hanwha Ocean • Dr. Loukas Barmparis, President – Safe Bulkers, Inc. (NYSE: SB) • Mr. George Saroglou, President & Chief Operating Officer – TEN Ltd. (NYSE: TEN).

The speakers discussed almost all challenges of shipping like energy security, geopolitic developments, regulations, decarbonisation, crew training on alternative fuels and new technologies including fleet renewal strategies.

A presentation under the title SHAPING THE FUTURE: NEXT-GEN SHIPS AND POWER OF MARITIME INNOVATION DRIVEN BY DIGITAL TRANSFORMATION was delivered by Dr. Toshiro Arima, Executive Director, Executive Vice President – ClassNK.

Last but not least the following panel discussion took place that attracted the audience’s interest to the end of the afternoon:

- SECURING THE MARITIME WORKFORCE OF TODAY & TOMORROW: STRATEGIES FOR RECRUITMENT, RETENTION, TRAINING & WELLBEING

Moderator: Mr. Michalis Pantazopoulos, Senior Vice-President – Liberian Registry (LISCR Hellas) Panelists: • Capt. Panagiotis Drosos, Managing Director – Capital Ship Management Corp. • Ms. Amalia Marcou, Crewing Director – Enesel • Ms. Metaxia Psalti, COO – Neda Maritime Agency Co. Ltd.; Vice Chair – INTERCARGO • Mr. Marinos Kokkinis, Managing Director – OneCare Group.

-FROM CADET TO CAPTAIN – REAL WORLD EXPERIENCE THE SEAFARERS’ PERSPECTIVE

Moderator: Mr. Andreas Zarnavelis, Designated Person Ashore & HSQ-Manager – Tsakos Group Panelists: • Capt. Konstantinos Dimanis, Captain – Tsakos Group • Capt. Konstantina Giannaraki, Captain – Tsakos Group • Mr. Nikolaos Markou, Chief Engineer – Tsakos Group • Mr. Michail Petrou, Deck Cadet – Senior Student – Tsakos Group • Ms. Fani Chatzidiamanti, Engine Cadet – First Year Student – TEENS Merchant Marine Academy • Mr. Georgios-Ioannis Pantechakis, ETO Cadet – First Year Student – TEENS Merchant Marine Academy.

-PUTTING IT ALL TOGETHER - SHIPOWNERS’ ROUNDTABLE COMPETITIVENESS & OPERATIONAL EXCELLENCE

Moderator: Ms. Paillette Palaiologou, Senior Vice President M&O East Europe, Mediterranean Sea, Middle East, Africa & India (EMA) – Bureau Veritas Panelists: • Mr. Antonis Kanellakis, Executive Director – Alpha Bulkers, Pantheon Tankers, & Alpha Gas; Member of the Board – Union of Greek Shipowners • Ms. Semiramis Paliou, Chief Executive Officer – Diana Shipping Inc. (NYSE: DSX); Chairperson – HELMEPA & INTERMEPA; Member of the Board – Union of Greek Shipowners • Mr. Paolo Enoizi, Chairman & Chief Executive Officer – GasLog • Mr. Thomas Lister, Chief Executive Officer – Global Ship Lease, Inc. (NYSE: GSL).

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The Maritime Cyprus 2025 conference which will be taking place from 06 to 08 October in Limassol, will explore a wide range of key issues affecting the maritime sector. Topics will include regulatory developments, energy transition, digital transformation, financing strategies, marine insurance, crew welfare.

At the Press Conference held on 30^th September, the Deputy Minister of Shipping, Ms. Marina Hadjimanolis said: “As a Government, we are particularly proud of this conference, an institution with a history of 36 years, which has now established itself among the world's leading shipping conferences.
This year's conference, with the central theme "Unlocking the Future... of Shipping', will take place at a time of both challenges and opportunities for shipping, and we aspire during the conference to 'unlock the future of shipping'.

Our efforts at the Deputy Ministry of Shipping, from the first day of my assumption of duties, are focused on ensuring a competitive Registry and shipping complex, based on the modern era and values such as immediacy, quality and modernization, thus laying solid foundations for an auspicious future of Cypriot shipping”.

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ABS Athens office organized and informative seminar and presented the new ABS Wavesight advantage. 

Staci Satterwhite, ABS Wavesight CEO and Dr. Loukas Barmparis, President of Safe Bulkers discussed the role of the digital transformation in the daily ship operations.

Mr. Barmparis referred to EU MRV and IMO DSC reporting systems and explained how digitalisation can result in significant cost and time savings and compliance.

Digitalization can achieve better reliability, increased performance and predictive maintenance as well as real time measurement and data collection. Digitalization can achieve more reliability, improved performance as well as real time measurement and data collection. 

In general digitalization helps ship operators to take proactive action and minimize down time.

ABSWavesight Advantage Launch

Mr. Christopher Wiernicki, Chairman and CEO of ABS, referred to the role of digitalization in shipping and explained the possibilities of ABSWavesight Advantage in emissions bench marking and pooling.

He said: “We are entering the era of Maritime 5.0, a new industrial revolution where intelligent software is the invisible engine. It is not simply enabling change, it is driving a new language of shipping, setting new boundary conditions, and powering a new model of risk versus risk decision-making.  In this environment, software is no longer a support function. It is the system architecture that underpins technical, commercial, and compliance decision making.

Artificial Intelligence is powering this transformation, modeling complex scenarios, anticipating outcomes and recommending optimal actions. It acts as a simulator, continuously learning from vast datasets to anticipate outcomes and recommend actions. This predictive capability is not just about efficiency, it’s about resilience, safety and strategic foresight. It doesn’t just support decision-making, it elevates it. Software platforms are already essential for compliance with frameworks such as FuelEU Maritime and upcoming IMO regulations. These systems have evolved beyond monitoring. They now enable predictive modeling, real-time decision support, and strategic scenario planning. This is not just about meeting regulatory thresholds; it is about building operational resilience and agility.

The Advantage Platform from ABS Wavesight has been developed in response to these needs. It is designed to support integrated decision-making across fleet operations, regulatory compliance, and commercial strategy. It connects data sources across the vessel and shore-side teams, enabling horizontal collaboration and eliminating silos.

In an industry where every ton and every ton-mile counts, ABS Wavesight Advantage puts the Power of One in your corner.

What does that mean in practice? One percent of fuel savings through software-driven performance efficiencies delivers payback 5 times faster than retrofits. Reducing emissions by just one metric ton of CO2 equivalent per voyage can save more than €200 in carbon penalties. Avoiding just one day of idle time can unlock $40,000 in potential earnings.

You put this together and one metric ton of CO₂ saved per day combined with one day of increased utilization = real impact, real fast.

This is the kind of transformation software makes possible, not in theory, but in practice, every single day.

The Advantage Platform is built to support this paradigm. It is not a standalone product; it is a foundational layer for future-ready maritime operations. It enables operators to manage complexity, optimize performance, and maintain strategic control in a data-intensive environment.

As the industry moves toward more complex decarbonization pathways, the ability to manage, analyze, and act on information will be a key differentiator. This is not a trend, it is a tipping point. The companies that understand this will lead. The ones that don’t will fall behind, fast.

There is no path to a low-carbon future without software. There is no future-proof fleet without software. And there is no leadership in tomorrow’s maritime economy without bold, decisive investment in software today.

This is the Power of One in action. One platform. One source of truth. One decision that unlocks measurable impact - faster, smarter, and more resilient. In a world of complexity, simplicity is a strategic advantage. And software is how we get there.

The industry’s next disruption won’t come from the engine room; it will come from the algorithm”.

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The IMO strategy for net zero emissions presents a huge challenge.

One of its key elements is the time constraints: although we have ample time to reach the net zero status, time is of essence and we have to start reducing our emissions as soon as possible.

During this ample time, it is very possible that new solutions – not known today, may develop, which makes it very risky to commit to solutions which we will adopt and apply for the next 25 years.

Furthermore, decarbonization is a global challenge and not only of shipping. The rate of increase of energy consumption is high, and security of energy supply will be a major concern for many years.

Mr. Antonis Trakakis from RINA at SNAMEs monthly meeting presented its own perspective to reach to net zero and explained the advantages and disadvantages of each possible way to reduce GHG emissions.
The purpose of the presentation was to propose a solution which meets the above “boundary” conditions.

This solution has at its core the possibility to decarbonize a hydrocarbon fuel, by producing hydrogen – which is the dream fuel of decarbonization, from LNG. The production of hydrogen is possible on board, on demand.

LNG offers the much-needed immediate reduction of GHG emissions.

The engine technology for the combustion of hydrogen is already available, and this same engine ensures that can be used for any other fuel that future may bring.

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