The office has 22 highly educated and experienced technical & management executives and staff. Most of them have joined the company since the 80’s & 90’s and in association with the new colleagues have created a strong & efficient team. Following a policy of more active involvement in the Greek shipping market Lydia Mar Shipping Co. SA has strengthened its management of the Greek office by appointing Mr. Yannis Triphyllis who is part of Greece’s new generation in shipping.

ELNAVI has exclusively discussed with the new managing director of Lydia Mar Shipping, Mr. Yannis Triphyllis, the technical manager Mr. Kostas Symeonidis, the director of crew management department Mr. Martin Scheerbarth, the director of accounting Mrs. Katia Tsinidou, and the director of chartering & operations Mr. Stefanos Chachamopoulos.

Full article, ELNAVI, Issue 461, May 2012, Page. 10

A bond issue proposed by the Greek shipowning sector at the beginning of the crisis, it was never viewed as a significant initiative by the government.
Now, in view of the forthcoming elections the two parties are willing to take initiatives which could reverse the negative climate in the economy, by reconstituting the Ministry of Merchant Marine and its link with the Hellenic Coast Guard.

Meanwhile, it is very important to note that the Greek-controlled merchant fleet continues to rise reaching a record level reflecting the changing face of Greek shipping and concerns about the industry’s administration.

Full article, ELNAVI, Issue 461, May 2012, Page. 8

Global invests on the expansion of its training centers in Manila & Odessa

GMC welcomes Merchant Marine Academy of Crete

Videotel launches a continuous competency Management tool

V.Ships set new standards on crew management regarding MLC and training procedures

Griffin Travel Marine provides tailor made services & negotiated fares

Full articles, ELNAVI, Issue 461, May 2012. Pages. 16-22

Energy efficiency solutions
Simple steps to reduce fuel consumption and your environmental footprint

Wärtsilä follows a holistic approach to reduce vessels emissions

Innovative Screw Compressors for marine & offshore use

Internaftiki follows an effective program in the expansions of its product portfolio

Lloyd’s Register launches machinery damage and repair workshops
One-day courses designed for superintendents, flag and port-state surveyors and related marine engineers

ERMA first BWTS receives IMO final approval

Marorka launches Online SEEMP

Twentyfour 7

Full articles, ELNAVI, Issue 461, May 2012, Pages. 24-34

As the fourth officer, I kept watch with the chief officer on the 4-8. It was his watch and he attended to it in confined and busy waters but, on clear ocean passages, he would leave me alone on the bridge once he had the master’s consent. It usually meant that the master, if satisfied with a junior officer’s performance, would sign our bridge watch keeping certificates as having been in charge of the watch; this gave us full sea time towards our first mate’s certificate.

Full article, ELNAVI, Issue 461, May 2012, Page.20

Volumes were largely stable during 2011, although. The Swedish Club saw continued growth in the P&I portfolio and the new Team Energy venture in Oslo had a good first operating year. The world’s financial difficulties persisted during
2011, yet the Club’s investments still produced a small surplus, reflecting sound and timely portfolio management decisions. Lars Rhodin told the Board: “We continue to enjoy strong momentum in the market. We have finished a year in which the Club demonstrated its ability to absorb adverse claims development, against a wider background of increased claims frequency and severity.

Full article, ELNAVI, Issue 461, May 2012, Page. 54

Dr. Maria Adamopoulou, legal advisor of Tsavliris Salvage followed up on this presentation with the Salvors’ perspective of “The Changes” and concentrated on environmental salvage awards which should recognize the environmental benefit conferred by salvors, and which could be achieved by primarily amending the relevant provisions of the 1989 Salvage Convention, a suggestion mooted by the International Salvage Unions’ (ISU).
She furthermore stated that salvors do not expect to be paid unless there is a benefit conferred and they fully expect an environmental award to be commensurate with that benefit. Dr. Adamopoulou established her arguments by presenting a number of remarkable salvage operations in which Tsavliris haves been involved with.

Full article, ELNAVI, Issue 461, May 2012, Page. 55

The renewal took place against a backdrop of the depressed freight markets faced by Members in many shipping sectors. With those difficult trading conditions on the one hand and with the importance of maintaining the Club’s financial strength and stability in a challenging operating environment on the other, some tough negotiations were inevitable. But taking everything into account, there is encouraging news going into 2012/13.

Full article, ELNAVI, Issue 461, May 2012, Page. 55

Liona Bachas recalls her father working all day at the office followed by hours on the phone from home with associates or vessels’ captains for the daily operation of ships. Therefore, as she says, my choice to follow the shipping profession has proved a wise one as I was favoured by my father’s connections and experience. Liona Bachas is the managing director of Hellaschart Ltd, one of the best known shipbroking firms in the chartering of dry cargo & container vessels. The company was honoured in 2011 by Lloyd’s List “Shipbroker of the Year” award.

Full article, ELNAVI, Issue 460, April 2012, Page. 12

According to shipping analysts the current crisis has forced many banks to sign with trusted and reliable Greek shipowners new loan agreements for the assets in distress which have been taken back by the banks from those owners who failed to pay their contractual duties.
Banks prefer the Greek shipowners to transfer those assets because they are efficient and flexible in the management of ships.

As the analysts predict the transfer of distressed assets will increase in the next months and it is quite sure that Greek shipowners will favour from these transactions renewing and expanding their fleet.

Full article, ELNAVI, Issue 460, April 2012, Page. 8