As part of the regular meetings and discussions, Propeller of Piraeus organized the Members' Day focusing on the latest developments.
In his greeting, the president of the Propeller Club Kostis Fragoulis emphasized that the Club is developing qualitatively with new members under the slogan Next Working for the future.
Stamatis Tsantanis CEO of Seanergy and United Maritime welcomed the new members and the keynote speaker Sveinung Stohle deputy CEO of Angelicoussis group. The Angelicoussis group is the largest shipping group in Greece with approximately 145 vessels under the Greek flag and a significant number of vessels under construction.
Mr. Tsantanis expressed his satisfaction for the quite remarkable charitable work of the Club which is supported by the companies Seanergy and United listed on the American Stock Exchange. He said that: “The funds raised from the American capital markets have been for many Greek companies a driver for the development of their fleets.
Mr. Tsantanis noted his company's great interest in alternative fuels and that Seanergy has been awarded as a best place to work which demonstrates the company's focus on ESG principles of corporate responsibility.
In his speech, the US ambassador, George Tsounis said that he is proud for the cooperation with the Propeller Club, which represents the potential of Greek shipping.
He reminded that the Greeks are the people of the sea and they have also succeeded in cooperating with the American Stock Exchanges where more than 29 companies have been listed, raising funds for further growth.
He also pointed out that the Greek shipping companies have invested in the efficiency of ships and that he shipyards of Syros and Elefsina have an important role in this important project.
Mr. Stohle's topic was "Navigating Through Challenging Times Towards a Sustainable Future", i.e. he spoke about the sustainable development of shipping in the midst of various challenges.
In his speech, he praised the capacity and adaptability of Greek shipping, an achievement that must be preserved at any cost as the international competition is very tough.
As he said, in times of challenges, a shipping company should focus on its main activity and plan with a long-term horizon.
In this context, innovation and the adoption of new solutions are very important for the future of a company.
Regarding the decarbonization of shipping, firstly the cooperation of all shipping stakeholders will be able to bring the expected results, secondly the efficiency of the existing fleet should be a key priority, thirdly the adoption of a strategy for building ships with dual fuel engines, and fourthly alternative fuels could cause many problems such as ammonia is toxic, methanol has not yet been proven to be completely clean for the environment and hydrogen is very expensive.
However, LNG as fuel is an ideal solution until 2050. At the same time, shipping companies should not forget the continuous training of their staff in safety matters and to maintain long-term relationships with charterers.
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