Protagonists of 2020

Capital enters the LNG sector
The need for cleaner energy sources like natural gas, has driven the shipping community into new business ventures meeting the new market
demands. Following this new trend, Capital Gas Corp. successfully took delivery of the newbuilding LNG Carrier ‘Aristos I’, the first of a series of seven vessels built in Hyundai Heavy Industries, S. Korea. With a cargo capacity of 174,000 m3, the vessel is highly efficient, propelled with XDF engines and equipped with the latest available technologies, which increase her efficiency and make her highly competitive.
The vessel is equipped with state-of-the art equipment, like air lubrication system which helps to achieve hull friction reduction via air bubbles supply to the ship hull (air lubrication system) resulting in overall energy and fuel savings, as well as a reliquefication system, capable to liquify cargo boil off and eventually increase the quantity of transferred cargo. Furthermore, for the first time a new technology has been applied which allows cargo loading at increased filling limits up to 99.35% which is translated to approximately 1,500 m3 more cargo being loaded per operation compared to similar sized ships. The vessel has been chartered to BP Shipping for a period up to 12 years. Capital Gas Corp. (Capital Gas) is the Liquified Natural Gas (LNG) maritime transportation arm of the Capital Maritime Group, which is a fully integrated and diversified global ship owning group spanning key shipping segments (LNG /Crude / Products / Chemical / Container / Dry Bulk). Capital is trusted by Oil Majors, Traders, Liners and Operators worldwide to carry their cargoes, and is vetted successfully for period business by end users. The Capital Gas team includes a m ix of senior managers with extensive LNG experience and Capital Maritime executives with a long standing history of successful performance in commercial and technical management, newbuilding design and supervision as well as corporate finance.

Magna Marine pursues ways to develop its shipmanagement activities
Panagopoulos Group of Companies has been renowned worldwide for its emblematic projects & achievements in the cruise and passenger ships sectors, however the group’s dry bulk arm, Magna Marine has a long term and successful course in dry cargo shipping that constitutes the company an expert in the field. In the interview that follows Irene Panagopoulos, president of Magna Marine, shares her insight on the market fundamentals and describes the company’s expansion strategy in a continuing uncertain environment.

Dragnis focuses on innovative and sophisticated projects
Dragnis family has built over the years a good reputation operating a modern diversified fleet of vessels and focusing on innovative and  sophisticated projects. Captain Paris Dragnis, the founder of Goldenport Shipmanagement, has cultivated the spirit of continuous improvement and constant adaptability to the new market demands.
Today, Paris Dragnis shares his vision with his two sons John and Vassilis who are actively involved in activities in the sectors of bulk carriers, containerships, tankers, product carriers and super yachts. In the sector of luxury yachts, Golden Yachts recently took delivery of the 95m O’PARI the latest endeavor. Captain Paris Dragnis described clearly the efforts of his family and the company’s team for continuous fleet renewal and contribution to Greek expertise and technology is ship building. “You cannot aim for new horizons until you have the courage to leave known shores. At Golden Yachts, we have never looked back, ready for new challenges, even during times when everyone preferred safety over adventure. It’s my strategy to keep such a vital section of our business at Perama. Not only because we offer jobs to hundreds of
compatriots but because the outcome of our work showcases what we can accomplish.” said Paris Dragnis, chairman and founder of Golden
Yachts. It should be noted that M/Y O’ Pari has been the flagship of Golden Yachts that has constructed a number of mega yachts including th e
outstanding 85m O’PTASIA and the well-known 57m O’MATHILDE and 42m O’PATI and many others. “Our aim is to build yachts like this; imagine them in Greek wa ters, the birthplace of naval mastery, their every detail taken care of with the utmost perfectionism. Offering their guests not only an excellent stay but also the serenity of Greek nature” added Paris Dragnis.
In the dry cargo sector Goldenport Shipmanagement has taken delivery of two eco-efficient ultramax bulk carriers built by Cosco Heavy
Industries in China and always looks for further opportunities to renew its robust fleet.
Goldenport Shipmanagement specializes in the management of bulk carriers and containerships and has a fleet ranging between handy and
post panamax size. It operates a mixed fleet of 25 dry cargo and container vessels.
Finally, on the tanker side Oceangold Tankers which was established in 2007 and specializes in the tanker sector has performed with great
success an ambitious newbuilding program; four MRs and two LRs newbuilding tankers in STX Offshore Shipbuilding and Daehan Shipbuilding, S. Korea. In today’s challenging times Dragnis group navigates into the market uncharted waters exploiting synergies and exploring new possibilities.
Spyros Capralos: “Our investors do trust us to navigate through the nexus of the changing environment in shipping”

Despite the two major black swan events of the last two years, the collapse of Vale’s Brumadinho dam and the outbreak of Covid-19, Star Bulk Carriers has been the industry’s main consolidator executing 5 en-bloc vessel acquisitions adding 48 vessels worth $1.1bn to its fleet.
It is also profound that large public companies like Star Bulk have an advantage as far as continuous and strong access to debt and equity capital against difficult market conditions. In the interview that follows Spyros Capralos Chairman of the Board Star Bulk Carriers Corp., explains the key strengths of the company’s business model in a changing shipping environment and describes the fleet renewal and
expansion strategy of Star Bulk in a period of technological and regulatory transition.

Babis Kouvakas: “We take advantage of the market changes to propel ourselves forward”

Relying on the company’s strong principles for high quality services and safety Maran Dry Management takes planned voluntary steps towards technological innovation and motivates the company’s human force through the development of hard and soft skills.
In the interview that follows, Captain Babis Kouvakas Managing Director Maran Dry Management Inc., describes the company’s initiatives to overcome the implications accrued by the pandemic and explains the environmental and sustainable strategy of the company.
Bulkseas Marine Management maintains a strong foundation, embracing technological innovation & eco-friendly practice
Bulkseas Marine Management takes deliberated steps and calculated risks to renew and modernize its fleet. Following this philosophy, the company has managed to form a modern fleet of supramax, kamsarmax and capesize vessels and has fostered eco-friendly consciousness and adaptability to all market conditions. Ioanna Meimetis explains the business model of the company during the current challenging times and
shares her views on the decarbonization targets of IMO and the trend of consolidation in the shipping market.
Stamatis Tsantanis: “Shipping will rebound vigorously after Covid-19 pandemic”

The Covid-19 pandemic has severely impacted all areas of shipping operations as well as the growth of global economy. However, Mr. Stamatis Tsantanis, CEO of Seanergy Maritime, supports that the next day will not look the same. Shipping will follow a robust recovery as a result of the massive infrastructure projects which will be developed globally.
In the interview that follows Mr. Tsantanis describes the company’s business model all these difficult years of turbulence and explains the expansion strategy of the company.

Mercury Maritime expands its fleet exploiting the market opportunities

Following a policy of careful and steady fleet expansion, Mercur y Maritime has been in the forefront of the Greek shipping developments based on firm and solid principles. Despite the turmoil and turbulence of the shipping market during the last 10 years Jason Merkouris, the new generation of Merkouris family and one of the principals of the traditional shipping company JP Samartzis, has managed to exploit the market opportunities acquiring a critical number of dry bulk vessels that are operated under a separate venture, Mercury Maritime.
In the interview that follows Jason Merkouris shares his insight and perspectives for the latest shipping developments and describes his company’s strategy in a period of uncertainty and major disruptions.

Panos Kourkountis: The available technology cannot meet IMO decarbonization targets

The restrictions to free movement between countries due to the Covid-19 pandemic directly contradicted the profound essence of shipping. Navigating through this difficult working environment, shipping continues to adapt in all market conditions and invests on the technological transition. In the interview that follows Panos Kourkountis, Technical Director of Sea Traders SA, describes the effects of the Covid- 19 pandemic and explains the strategies that should be followed towards IMO decarbonization targets of 2030 and 2050.
Vernicos Tugs and Italian Scafi lead the sector of Salvage & Towage in the Mediterranean

Two historic European tugboat companies Greek Vernicos Tugs & Salvage and the Italian company Scafi Società di Navigazione S.p.A (Scafi) come up with a partnership setting new standards in the market of Eastern Mediterranean. This joint venture came after the decision of the Italian Group to invest in the Greek company. This resulted in a new company renamed Vernicos Scafi, operating mainly in Piraeus area, but also active in Salonica, Patra, Lavrion, Mykonos and also abroad (Italy, Croatia, Saudi Arabia and Morocco) with an extensive fleet of 46 tugs. Both Vernicos and Scafi groups have a long family heritage in the towage business, and this joint venture also coincides with a handover between generations. The leadership of the company is now in the hands of Mr. Dimitris, Mr. George Vernicos and Mr. Paolo Visco.
In the interview that follows Ms Constantina Lemos, Salvage Director, explains the advantages of win-win deals in the sector of salvage & towage and describes the challenges and the future plans of the new business ou tfit.

Read also this article in : Greek

© 2021 Elnavi. All Rights Reserved. Log in

- Designed by Gabfire Themes