Greek Shipping Confronts Global Challenges 

Highlighting the leading role of Greek shipping, the press conference for "Posidonia 2026" was successfully held at the POIATH facilities. Despite the Middle East crisis, Posidonia Managing Director Theodore Vokos announced record-breaking participation with 2,227 exhibitors from 83 countries, the presence of President of Panama: José Raúl Mulino (who took the helm on July 1, 2024), Secretary-General of the International Maritime Organization (IMO), Arsenio Dominguez (who took the lead on January 1, 2024).

Maritime Affairs Minister Vasilis Kikilias emphasized that Greece, though economically small, is a global shipping superpower. He highlighted the sector's link to energy autonomy and shipbuilding, noting that this year’s event is critical for decisions regarding decarbonization and geopolitical security.

In the same vein, the President of the Hellenic Chamber of Shipping, George Alexandratos, defended the industry's sustainability, stating that shipping carries 90% of global trade while contributing only 2.5% of global emissions.

Union of Greek Shipowners’ representative Yiannis Lyras attributed the endurance of Greek shipping to its family-oriented business model and human element. Meanwhile, Haralambos Fafalios (Chairman of the London Greek Shipping Co-operation Committee) expressed pride in the fleet's resilience against crises and the ongoing challenge of decarbonization.

The Mayor of Piraeus welcomed the event, focusing on municipal initiatives to boost the blue economy and the annual "Sea Days" festival. The event concluded with POIATH President Mr. Maragoudakis, who praised the success of the Posidonia Cup sailing regatta, which features 60 international entries.

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Greek Shipping continues to be a World-Leading Force 

A comprehensive overview of the latest data on the Greek-owned fleet and its indispensable contribution to the global, European and national economy are presented in 2025–2026 Annual Report of the Union of Greek Shipowners.

The Report highlights the indispensable and strategic role of shipping as a fundamental pillar of international trade, energy and food security, as well as the stability of global supply chains.

In addition, it further outlines the UGS’s positions in relation to the key policy developments and emerging challenges shaping both the present and the future of the sector, with emphasis on decarbonisation, European maritime policy, the safety of navigation and the critical role of seafarers.

Greece remains the world’s leading shipping nation, with a fleet of nearly 5,800 vessels, accounting for over 19% of total global tonnage. Greek shipping represents 61% of the EU- controlled merchant fleet, constituting a strong strategic advantage for the continent’s autonomy and resilience.

Greek shipping leads the way to the sector’s decarbonisation, with increasing investments in new vessels incorporating the latest clean technologies.

At the same time, Greek shipping remains a national asset for Greece, directly and indirectly accounting for 7-8% of the country’s GDP and supporting approximately 200,000 jobs. The 2025–2026 Annual Report also highlights the strong social footprint of Greek shipping. More specifically, it presents the UGS Aid Programme for Thessaly, “Agios Nikolaos”, under which the restoration and reconstruction of 33 school facilities has been completed. It also reflects the Union’s commitment to the vision “SHIPPING + SOCIETY ALWAYS TOGETHER”, including through UGS’s expanded scholarship programme “SYN-ENOSIS for Education +100 Scholarships”, which will offer 365 scholarships for the 2026–2027 academic year, empowering the next generation every day.

In her address in the Report, the President of the UGS, Melina Travlos, states:

“In an era of growing uncertainty, shipping once again confirms its enduring role as a force of continuity, stability and connection.

In this demanding environment, Greek shipping maintained its leading position internationally, reaffirming its strategic importance, reliability and resilience.

Unity is our strength. With a common strategy, institutional consistency and collective responsibility, Greek shipping will continue to lead on the seas of the world and contribute meaningfully to shaping the future of global shipping.”

The 2025–2026 Annual Report of the Union of Greek Shipowners is available here:

https://ugs.gr/media/14186/ugs_annualreport_2526_eng.pdf

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A New Era for Greek-U.S. Maritime Technology

In an industry-first move, ABS has officially launched the ABS SeaTech Innovation Exchange. Comprising two advanced technology centers—one located at the ABS Greece office in Athens and the other in Houston, Texas—this initiative establishes a powerful transatlantic bridge. The Exchange is designed to accelerate maritime innovation, drive applied research, and foster deep collaboration between leading academic institutions, technology startups, and global fleets.

The launch was celebrated at a special reception hosted at the Lighthouse inside the Stavros Niarchos Foundation Cultural Center in Athens. The event drew key industry and diplomatic figures, featuring addresses from Joshua Huck (Deputy Chief of Mission, U.S. Embassy in Greece) and John Xylas (Executive Board Member of the Union of Greek Shipowners), alongside a video address from MARAD U.S. Maritime Administrator Stephen Carmel.

Two Hubs, One Shared Vision

Rather than functioning as a traditional static research project, the Exchange is a "living" pipeline designed to swiftly move technology from initial concept to day-to-day fleet operations. It strategically pairs Houston’s cutting-edge research infrastructure with Athens’ unparalleled shipping operational excellence.

Advanced Research & Incubation

The Houston center serves as the primary engine for technological development. It focuses heavily on redefining future shipping capabilities by advancing:

- Artificial intelligence (AI) and digital engineering,

- Robotics and autonomous operations

- Simulation and next-generation approaches to certification

The hub will work directly with tier-one research universities, international government researchers, technology startups, and U.S. maritime academies.

Applied Training & Operationalization

Opened during an introductory event led by Elias Kariambas (ABS Vice President of Regional Business Development), the Athens center is where theory meets reality. Its primary mission is to reduce maritime risk and improve asset safety by testing and applying technologies directly to realistic ship and ship-management environments. Key operational areas include:

- Immersive Learning using advanced simulation, AI-enabled learning, Augmented Reality (AR), and Virtual Reality (VR) to prepare crews for service.

- Cutting-Edge Systems testing remote inspection tools, digital twins, and exploring future nuclear applications for shipping.

- Strategic Ecosystems collaborating with innovative entities like DMB Logistics to develop AI-driven robotics for a more resilient, high-performing commercial fleet.

Leadership Perspectives

In his message John McDonald, ABS Chairman and CEO stated: "The Exchange concentrates on swiftly moving technology from development into day-to-day operations, working in direct partnership with the Greek maritime community while building new collaboration with U.S. maritime institutions, technology startups, and government-funded research."

Patrick Ryan, ABS Chief Technology Officer, emphasized via video presentation that technology is a tool to empower the next generation of maritime professionals, ensuring safer and more competitive operations globally.

Representing the Greek shipping community, John Xylas president of Intercargo stressed that collaboration among all stakeholders is vital. He pointed out that linking Greece’s unparalleled operational experience with advanced academia creates a necessary bridge, adding that "technology is not the objective; it must aim for safety and sustainability."

Strengthening Transatlantic Ties

The initiative has garnered strong support from both governments. Joshua Huck highlighted Greece’s status as the world's premier maritime nation and noted that this cooperation opens immediate economic doors, aligning with an ambitious U.S. action plan for shipbuilding that could see Greek shipyards constructing U.S. vessels. Furthermore, both nations will use the Exchange to work closely together to address green frameworks and zero-emissions regulations.

U.S. Maritime Administrator Stephen Carmel concluded by noting that the initiative accurately reflects the strength, adaptability, and ultimate future of the modern maritime industry. By shortening development cycles and prioritizing workforce readiness, the ABS SeaTech Innovation Exchange sets a new global standard for maritime evolution.

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Safe Bulkers' stock will be traded on two different stock exchanges at the same time, the New York Stock Exchange and the Athens Stock Exchange, giving more investors access to buy it. Main Market of Euronext Athens confirmed that the company meets all the official legal and technical requirements to list its stock.

The Company expects to announce the date on which trading will commence following approval of the prospectus by the HCMC. The Company is advised by Piraeus Bank S.A. as listing advisor. Potamitis Vekris Law Firm served as legal counsel on matters of Greek law and White & Case LLP served as global legal counsel.
The company transports bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine drybulk transportation services.  
Safe Bulkers Inc. specializes in the ownership of dry bulk vessels. Its fleet of 45 dry bulk vessels consisted of 8 Panamax, 13 Kamsarmax, 17 Post-Panamax and 7 Capesize class vessels with an average age of 10.5 years and an aggregate carrying capacity of 4.5 million dwt. 82% of our fleet has been built in Japanese shipyards.
At the same time, the orderbook of the Company consists of 11 dry bulk vessels, two of which dual-fueled, with an aggregate carrying capacity of 1 million dwt and deliveries from Q3 2026 until Q2 2029.
All newbuilds on the Company’s orderbook have been placed in top quality shipyards and are designed to meet the Phase 3 requirements of Energy Efficiency Design Index related to the reduction of green house gas emissions – GHG -EEDI Phase 3 as adopted by the International Maritime Organization – IMO and with the latest NOx emissions regulation, NOx-Tier III (IMO, MARPOL Annex VI, reg. 13)
The two dual-fuled newbuilds are capable of operating with methanol and fuel. When powered by green methanol the vessels can produce close to zero GHG emissions based on the life cycle assessment (LCA) methodology well-to-propeller (WTP). 

The Company’s common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB”, “SB.PR.C” and “SB.PR.D”, respectively.

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Anthony Comninos, founder of Target Marine, granted with the Outstanding Member Achievement Award

The Propeller Club Members’ Day event took place on Wednesday, May 20th, at the “Faros” Hall of the Stavros Niarchos Foundation Cultural Center.

Prior to the main event, the Club welcomed its new members during a special ceremony, where they officially received their membership certificates and Propeller pins.

The evening opened with remarks by our 1st Vice President, Danae Bezantakou, followed by welcome remarks from the President, Costis Frangoulis, who spoke about the Club’s enduring role within the maritime community, its social contribution and the importance of Greek-American cooperation.

As part of the long-standing tradition, Stavriana Asprogianidou, Managing Director, Marine of Howden Hellas, welcomed our new members on behalf of the Propeller family.

Guest of honor and keynote speaker of the evening was shipowner Anthony Comninos, who shared thoughts and experiences from his long career in shipping, followed by an engaging fireside chat with President Frangoulis.

The Founder of Target Marine was presented with the Outstanding Member Achievement Award, in recognition of his longstanding contribution to shipping and his significant social work.

The evening also included a special recognition of Governors John Belousis and Michalis Dalacouras, who conclude a long cycle of service to our Club, having served on five consecutive Boards since 2015.

A cocktail reception followed.

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New York Stock Exchange-listed Dorian LPG (NYSE: LPG) delivered a robust performance for the first quarter of 2026, solidifying its leading position in the global liquefied petroleum gas (LPG) shipping sector. The company reported net income of $81 million for the quarter, driven by sustained market demand and healthy freight rates. For the first quarter of 2026, Dorian LPG declared and paid a regular quarterly dividend of $1.00 per share.

This cash payout reflects the company's established capital allocation strategy of consistently returning cash to shareholders during periods of strong market fundamentals and sustained fleet profitability.

Financial Highlights & Cash Reserves

Dorian LPG’s financial standing remains exceptionally strong, characterized by a disciplined approach to capital allocation. The company's cash and cash equivalents stood at high levels at the close of the quarter. This robust liquidity provides the financial flexibility needed to support its ongoing baseline of shareholder returns via dividends while funding its fleet optimization initiatives without over-leveraging the balance sheet.

Current Fleet & Renewal Program

Dorian LPG owns and manages a high-specification fleet consisting of 26 modern, eco-designed Very Large Gas Carriers (VLGCs), including dual-fuel LPG vessels.

During the first quarter of 2026, the company focused on enhancing operational efficiency and integrating emission-reduction technologies. Its renewal and modernization strategy stays committed to deploying eco-friendly, technically advanced tonnage to comply with stricter global environmental regulations and secure a competitive advantage.

Statement by CEO John Hadjipateras

"Our first-quarter results reflect our excellent operational execution and the underlying resilience of our commercial platform," stated John Hadjipateras, Executive Chairman of Dorian LPG.

"Despite geopolitical headwinds and shifts in traditional trade patterns, global demand for cleaner energy sources like LPG remains fundamentally strong. Armed with one of the most modern and energy-efficient fleets in the world, we are well-positioned to meet our charterers' high standards and continue generating long-term value for our shareholders."

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PROJECT CONNECT, the pioneering non-profit organization leading Greece’s early maritime education and youth employability ecosystems, proudly celebrates its 11th anniversary. Turning 11 carries the proud energy of a "fifth grader", full of growth, confidence, and ready to take on the world. Looking back at how it all began, Project Connect has successfully transformed from a daring vision into "the bridge that connects opportunities to young professionals in the making." Literally “connecting” shipping students to shipping companies through its innovative CV Platform^TM, created in 2015.

11 Years: The Fruit of Our Labor on Display at Posidonia 2026

The extraordinary milestones achieved over the past 11 years will be proudly displayed at the upcoming Posidonia International Shipping Exhibition:

• Visit the Project Connect Stand: Hall 2, Stand 2.544 (June 1–5, 2026)
• Attend the Landmark Conference: “Adopt a Ship™: How Early Education is Changing the Future of Shipping: Raising the Maritime Workforce of 2036.

Date & Time: Thursday, June 4th, 16:45 – 18:30.

Location: Metropolitan Expo, Seminar Room 2B.

A Historic Milestone: Bridging the Industry

A major foundation of Project Connect journey was the groundbreaking “1st Shipping Community Meets the Shipping Students” initiative. This landmark event set the precedent in Greece for bringing maritime industry leaders, shipowners, and aspiring young professionals together for direct dialogue, employability, and real-world opportunities, paving the way for the robust ecosystem we see today.

A Powerful Impact: From Classrooms to High Seas

Project Connect’s full spectrum of initiatives—referred to as the Youth Employability Pipeline, guides young people from early awareness to real employment. Its flagship program, Adopt a Ship™, authorized by the Greek Ministry of Education, has achieved breathtaking numbers:

• Over 30,000 pupils, 1,050 classrooms, and 670 teachers connected.
• 380 vessels and 500 captains exchanging over 4,000 letters.
• Over 300 vocational graduates secured placements in Marine Academies and Shipping Universities & 300+ job placements.

With recent expansions like the Adopt an EPAL and Short Sea Travel Experiences intro

duced in 2025, alongside its signature νιάτα ψηλά™ (Elevated Youth) seminars, Project Connect continues to build the maritime workforce of 2036.

Today, backed by a collective force of 65 shipowners—many of whom serve on the board of the Union of Greek Shipowners (UGS)—and more than 40 maritime service companies and academic institutions, Project Connect stands as the ultimate catalyst safeguarding the Greek Shipping Success Story.

Join the conversation at Posidonia 2026 and witness firsthand how early education is shaping the future of global shipping!

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone :+30 2109639140

Website/RSVP Details: https://www.project-connect.gr/

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“Greek Shipping Moves the World”

In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force of stability, continuity and connection. Shipping moves the world, keeping economies functioning, societies supplied and people connected.

Posidonia brings together in Greece, home to the world’s leading shipping nation, the international maritime community, highlighting the strategic importance of an industry that does not merely transport goods and energy, but safeguards the very functioning of the modern world.

In the current international environment, shipping operates under conditions of increasing geopolitical tension. Threats to freedom of navigation and attacks against merchant vessels and seafarers are no longer isolated incidents. They have become a new reality, testing maritime routes, supply chains, energy security and global economic stability.

The safe and uninterrupted operation of maritime transport is a prerequisite for humanity’s welfare. Shipping carries food, medicines, energy, raw materials and essential goods at a scale and efficiency unmatched by any other system of transport.

For this reason, maritime security is a global public good and a collective responsibility. The protection of human life at sea, of merchant vessels and freedom of navigation must be a non-negotiable duty of the international community.

In this challenging environment, Greek shipping, representing almost 20% of global capacity and more than 60% of the EU-controlled fleet, continues to demonstrate its strength, reliability and resilience.

This leadership is not only measured in numbers. It is reflected in the consistently principled and institutional stance of the Union of Greek Shipowners on all critical issues concerning our sector and international maritime policy. It is reflected in our foresight, our investments and our ability to respond with consistency, composure and determination to constantly changing global conditions.

At the same time, Greek shipping is at the forefront of the industry’s green transition, with one of the youngest fleets worldwide and the largest alternative-fuel-capable fleet globally.

Our investments in new build vessels, innovative technologies, digitalisation and emission-reducing solutions are continuous and substantial.

However, the transition towards decarbonisation requires realism, technological maturity and global alignment. It must not compromise the safety of crews and vessels, nor the viability of shipping and global supply chains. A truly sustainable transition must be safe, practical and implementable, fair for all parties and operationally effective worldwide.

The recent discussions at IMO MEPC 84 offer the international community a second chance to restore consensus and work towards a realistic, fit-for-purpose and workable global framework for the reduction of greenhouse gas emissions from ships. The ultimate success of this effort requires safe, available, economically viable and scalable alternative fuels worldwide.

Shipping has proven throughout time that it knows how to navigate with resilience, prudence and resolve, even through the most turbulent waters. And it will continue to do so.

Because shipping is a force of vital continuity for the world. In times of crisis, it keeps the routes of cooperation open. In times of uncertainty, it provides stability. In times of transition, it ensures that progress can continue.

In this great global mission, Greek shipping continues to lead with purpose and vision. With its seamanship, resilience and unity, it will continue to connect the world with consistency, vision and a sense of responsibility for generations to come.

Melina Travlos,

President, Union of Greek Shipowners

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The ESG Shipping Awards International 2026 brought together more than 400 maritime companies and industry stakeholders in Athens, as shipping companies from around the world came together to see their ESG actions and initiatives recognized and awarded for their contribution to a more sustainable and responsible shipping industry.

Held in Athens for its fourth consecutive year, the awards received a record number of almost 300 entries, with more than 50% submitted by international shipping companies representing all continents confirming the growing global momentum behind ESG transformation within the maritime sector.

The event was presented by Principal Organizer Mrs. Helena Athoussaki together with the host of the evening, Mrs. Dora Anagnostopoulou, while opening remarks were delivered by Mr. Emmanouil Koutoulakis, Secretary General of Ministry of Maritime Affairs and Insular Policy and Mr. George Sp. Alexandratos, President of the Hellenic Chamber of Shipping.

Special recognitions included the Honorary Motivational Leadership Award presented to Mr. Costas Delaportas, CEO of DryDel Shipping Inc., for his outstanding leadership and personal contribution to advancing ESG principles within the company’s strategy and operations, as well as the Special ESG Initiative Award presented to IMPA SAVE for its collective impact through sustainable procurement and emissions reduction initiatives.

A keynote discussion by Mr. Aveesh Acharya, EMEA Sustainable Finance Market Specialist, Bloomberg L.P., explored how geopolitical instability is reshaping trade routes, operational resilience, emissions exposure, and ESG risk across global shipping.

Independence & Transparency

The ESG Shipping Awards International continues to operate under a strict independent evaluation framework. Participating shipping companies are not permitted to sponsor the event, ensuring that all recognitions reflect merit, measurable ESG performance, and the assessment of the independent judging committee. For full transparency, each award presentation also displayed the winning action, company size and ESG profile level.

New Transformation Leader Award Introduced

This year also marked the introduction of the new Transformation Leader Award, recognizing companies fundamentally transforming their business models through innovation, future fuels, digitalization, fleet renewal and long-term ESG integration.

Community Contribution: The Most Active Category

The Community Contribution category received the highest number of nominations, highlighting the maritime industry’s growing commitment to healthcare, education, environmental restoration, and social impact.

To recognize this exceptional participation, the organizing committee also introduced special ESG Recognition Medallions for additional outstanding initiatives.

During the closing of the ceremony, Principal Organizer Helena Athoussaki announced the continued international expansion of the platform, revealing plans to expand the ESG Shipping Awards platform into Asia in 2027.

The evening concluded with the official winners’ family photo followed by a live celebration performance.

The organizing committee extended sincere appreciation to:

Judging Committee: J.A.A.J. (Jan) Fransen Executive Director – Green Award Foundation | Chair of the Judging Committee, Dafne Anghelidis, Executive Committee Member of WISTA International, Vice President of WISTA Argentina, Prof. Maria Boile, Director Quantitative Analysis in Shipping Laboratory | Department of Maritime Studies | University of Piraeus, Andreas Chrysostomou, Executive Director, Clean Shipping Alliance Sascha Gill CEO, United Waterways - Vice President, European River Cruise Association

Dr. Tafsir Matin Johansson, Associate Professor, WMU-Sasakawa Global Ocean Institute (WMU-GOI) in Malmö, Sweden, Prof. Andreas A. Papandreou, Environmental Economics National and Kapodistrian University of Athens, Dr. Aspasia Pastra, Assistant Professor, WMU-Sasakawa Global Ocean Institute, World Maritime University, Elisabeth Vishnevskaja, Head of Fixed Income, PRI (Principles for Responsible Investment)

Partners: ABS | Bloomberg | Coral Marine | DeepSea TECHNOLOGIES | EUROBANK |The Liberian Registry

Ambassadors: Bureau Veritas | CSE | Εmicert | EUROCHEM INTERNATIONAL| GTP Works | Harbor Lab | Jotun Performance Coatings | KPMG | MARICHEM MARIGASES WORLDWIDE SERVICES | Marine Tours | Moore | Oceanscore | osapiens | Piraeus Container Terminal | PIRAEUS PORT AUTHORITY S.A.| RINA | Skuld | TÜV NORD Hellas | VDI Law Firm

Supporting organizations: Alba Graduate Business School - The American College of Greece| AMMITEC| Association of Banking and Financial Executives of Hellenic Shipping | Athens Exchange Group | Clean Shipping Alliance (CSA) | Corporate Responsibility Institute (CRI) | CSR Hellas, Green Award | HELMEPA | Hellenic Institute of Marine Technology |Hellenic Shortsea Shipowners Association | Hellenic-Spanish Chamber of Commerce | IBIA | IMPA SAVE | Institute of Chartered Shipbrokers (ICS)-Hellenic Management Centre | INTERMEPA | Project Connect |Propeller Club | SDSN Greece | Wista | Εθνικό και Καποδιστριακό Πανεπιστήμιο Αθηνών

Communication Supporters All About Shipping |Business Events Calendar| Crisis Monitor| Cyprus Shipping News| Efoplistes News| ELNAVI| Hellas Tour| MARITIME INTELIGENCE| Maritimes Economies| Maritimes.gr| Mononews| Naftika Chronika| Newsfront Naftiliaki| Piraeus365.gr| The Business Paradox

Event Team: Digital Shadows Agency |The Flying Pig

Live: Dionysis Schinas

ESG Shipping Awards International 2026 – Winners

ESG Leader Award

Presented by J.A.A.J. Fransen, Chairman of the Judging Committee

GOLD: Odfjell SE,

SILVER: Pacific Basin Shipping Limited,

BRONZE: Century Bulk Carriers Management Co.

Environment Leader Award

Presented by George A. Tsavliris, President of CYMEPA, Vice President of INTERMEPA

GOLD - Uniworld Boutique River Cruises

SILVER - Bernhard Schulte Shipmanagement (BSM)

SILVER - V Group of Companies

BRONZE - Compagnie Maritime Marfret

Social Leader Award

Presented by First Deputy Commandant Hellenic Coast Guard Vice Admiral HCG Fotios Kiamos

GOLD - Fleet Management Limited

SILVER - Island Oil (Holdings) Ltd

BRONZE - V. Group

Governance Leader Award

Presented by Jovana Radomir, Head of CIB Sustainability Center of Excellence, EUROBANK

GOLD - Diana Shipping Inc.

SILVER - Chandris (Hellas) Inc.

BRONZE - Seaspan Corporation Pte. Ltd

People Leader Award

Presented by Michalis Pantazopoulos, Executive Vice President, Liberian Registry

GOLD - Columbia Group

SILVER - Seanergy Maritime Holdings Corp. (SHIP)

BRONZE - Performance Shipping Inc.

Transformation Leader Award

Presented by Katerina Dede, Country Manager for Greece, Bloomberg L.P.

GOLD - Capital Group

SILVER - Lemissoler Navigation Co. Ltd

BRONZE - Starling Fleet Holding AG

Technology Leader Award

Presented by Alkistis Kyriakopoulou, Chief Business Officer, DeepSea Technologies

GOLD - Tsakos Group of Companies

SILVER - Navios Maritime Partners L.P.

BRONZE- Wallem Group

Community Contribution Leader Award

Presented by Sophie Daskalaki-Mytilineou, Chair of the Board of Directors of the UN Global Compact Network Greece

GOLD - Contships Management Inc.

GOLD - Carnival Corporation & plc

SILVER - Stolt Tankers

BRONZE - SEKAVIN S.A.

Climate Change Leader Award

Presented by Kirki Kalantzi, GM Coral AE (Shell Licensee)

GOLD - AET

SILVER - Castor Ships S.A.

BRONZE - Sea Pioneer Shipping Corporation

Industry Partnership Leader Award

Presented by Helena Athoussaki, Principal Organizer ESG Shipping Awards

GOLD - OPTIMUM Ship Management Services S.A. CELESTYAL

SILVER - Latsco Shipping Limited

BRONZE - Spring Marine

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On the occasion of Posidonia 2026 Laskaridis Shipping Co. Ltd. held its established Roundtable Workshop on bulk carriers industry development.

The event was held under the auspices of the Australian Ambassador to Greece, Ms. Alison Duncan. Distinguished guest speakers included Mr. Carlo di Meglio, Manager, Operations West of AMSA and Mr. Samuel McSkimming, Chief Executive Officer of Pilbara Ports.

The invited speakers shared valuable insights and expectations regarding developments within the bulk carrier industry with a highly distinguished audience comprising senior representatives from major Flag Administrations, Classification Societies operating in Greece, and the Vice Chair of Intercargo, Ms. Metaxia Psalti.

Particular focus was given to operational risks and navigational challenges associated with Port Hedland, Port Dampier, and other Western Australian ports, prompting an engaging and constructive dialogue among participants.

Several important developments and industry updates of significant interest to the bulk carrier community were highlighted during the workshop, including:

- Pilbara Ports indicated that it will, on request, positively consider the recently introduced third-party machinery inspections conducted by Classification Societies, in addition to the inspection companies currently accepted

- It was announced that a new navigation channel will be dredged to bypass Zone 5 of the channel at Port Hedland. The dredging works are expected to take place from September through November 2026, enhancing the safety of outbound navigation from the consistently busy port

- AMSA reaffirmed that remote surveys remain acceptable, except in cases involving verification of detainable items, where the physical attendance of Classification Society surveyors remains mandatory

- Encouraging industry performance data was also shared, showing that bulk carriers demonstrated improved performance in 2025, with detention rates reduced to 5.3%, compared to 6.8% in 2024. This is the lowest rate recorded since 2020.

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