# https://nafsgreen.gr > Awarded by the President of the Hellenic Republic ## Posts - [Safety is a Catalyst for Decarbonization Innovation,
ABS Chairman and CEO Tells COP28](https://nafsgreen.gr/safety-is-a-catalyst-for-decarbonization-innovation-abs-chairman-and-ceo-tells-cop28/): “Safety is not merely a box to check but a dynamic force shaping the trajectory of our industry. It acts as both a boundary condition, defining the limits within which we operate, and a catalyst for change, propelling us toward innovative solutions and practices that align with our commitment to a greener future.”That was the message to shipping industry leaders at COP28 from ABS Chairman and CEO Christopher J. Wiernicki.Speaking at the International Chamber of Shipping Shaping the Future of Shipping Summit, he emphasized the pivotal role of safety in delivering a more sustainable industry. “The transition to new fuels and technologies […] - [Dimitris Poulos*: Alfa Laval contributes to ship efficiency, reduction of fuel consumption, and very low emissions from ships](https://nafsgreen.gr/dimitris-poulos-alfa-laval-contributes-to-ship-efficiency-reduction-of-fuel-consumption-and-very-low-emissions-from-ships/): Alfa Laval announced previous April the completion of its acquisition of Marine Performance Systems B.V., a Rotterdam-based maritime technology company that has developed the first fluidic air lubrication system on the market. Mr Dimitris Poulos (Marine Division Manager Adriatic Region – Managing Director Alfa Laval) describes in the following interview the benefits of this acquisition and emphasizes on the next steps of the company towards decarbonization. Tell us about the new acquisition of Alfa Laval in the application of Air Lubrication and what are the expectations of this development?
Alfa Laval announced previous April the completion of its acquisition of Marine Performance […] - [EUPLOIA DRYDOCKS & SERVICES LTD Announces a Powerful Collaboration between CRUG-VERSITEC and NAVARONE S.A.](https://nafsgreen.gr/euploia-drydocks-services-ltd-announces-a-powerful-collaboration-between-crug-versitec-and-navarone-s-a/): Euploia’s exclusive principal CRUG-VERSITEC proudly announced Service Fleet Agreement with one of the most well-established shipping companies in Greece, Navarone S.A.. This agreement is applicable to seals & liners products and to aforesaid service (bonding/supervision etc.), offered by CRUG-VERSITEC. CRUG-VERSITEC offers to Navarone S.A. a fixed rate for service and a fixed pricing of the sealing rings until 2025 for 17 vessels with an option to extend the coverage to an additional 3 vessels, including all compatible spare parts for stern tube seals as far as these spare parts form part of Crug’s product range. The product range of CRUG-VERSITEC includes but no limits to the spare […] - [HD Hyundai Marine Solution selects Accelleron to deliver digital optimization solutions for their Smartship platform](https://nafsgreen.gr/hd-hyundai-marine-solution-selects-accelleron-to-deliver-digital-optimization-solutions-for-their-smartship-platform/): Accelleron has signed an agreement with HD Hyundai Marine Solution (HD HMS) that simplifies access to its digital turbocharger optimization solutions for vessels built or serviced by the world’s biggest shipbuilder, HD Korea Shipbuilding & Offshore Engineering. As part of the agreement, Accelleron’s Turbo Insights performance analytics platform will be integrated into HD HMS’s Integrated Smartship System (ISS), with further digital solutions also deliverable through ISS on demand. The partnership simplifies how Accelleron turbocharger users apply digital optimization technologies on vessels built by HD Korea Shipbuilding & Offshore Engineering or serviced by HD Hyundai Marine Solution. It is the first time that […] - [Fu Hongtian*: The establishment of a branch in Greece is the concrete landing of the company’s internationalization policy 
](https://nafsgreen.gr/fu-hongtian-the-establishment-of-a-branch-in-greece-is-the-concrete-landing-of-the-companys-internationalization-policy/): The 20th of September, was a very unique day for both Marine Plus and SunRui, since it was SunRui’s Greek Offices Grand Opening Ceremony at Marine Plus premises. Qingdao SUNRUI Company is a high-tech industrial company mainly engaged in corrosion control, water treatment, Marine environmental protection equipment and other fields of technology research and development, product design, production and construction, test and inspection and project general contracting.
he company has always adhered to the development direction of “resource conservation and environmental protection”. The following interview of Mr. Fu Hongtian (General Manager of SunRui Marine Environment Engineering) emphasizes How important was this day […] - [ABS Hosts EU ETS Conference in Athens](https://nafsgreen.gr/abs-hosts-eu-ets-conference-in-athens/): ABS hosted a high-level conference on EU ETS, in Athens, Greece, attracting 170 participants. The conference brought together senior maritime leaders, policy makers, government representatives, shipowners and financiers to explore EU requirements as well as discuss what owners and operators should consider for the transition into more sustainable operations.Elias Kariambas, ABS Vice President, Business Development, delivered the introductory keynote speech and highlighted that if shipowners and operators have vessels which trade to and from or within Europe, then the inclusion of shipping within the EU ETS will have an impact on them.The conference started with a regulatory update where Matthieu Moulonguet, Policy Officer at […] - [CJC announces two new partners in continuing strategy for growth  ](https://nafsgreen.gr/cjc-announces-two-new-partners-in-continuing-strategy-for-growth/): International maritime law firm Campbell Johnston Clark (CJC) has announced that Helen McCormick and Andrew Shannon have become partners, promoting talent from within.  The promotions see McCormick, based in London, and Singapore-based Shannon expand the number of partners in CJC to 20. With offices in London, Newcastle, Singapore and Miami, CJC advises on all aspects of the shipping sector, from ship finance to dry shipping, marine insurance and comprehensive casualty handling. The firm is now regarded as one of the leading international maritime law practises. McCormick, an experienced disputes lawyer specialising in ‘dry’ claims involving charterparties, cargo, shipbuilding contracts, ship sale and […] - [Εuploia Drydocks and Services Ltd Commemorates a Fruitful Participation at Marintec China 2023](https://nafsgreen.gr/%ce%b5uploia-drydocks-and-services-ltd-commemorates-a-fruitful-participation-at-marintec-china-2023/): Euploia Drydocks and Services Ltd, a leading player in the maritime industry, is thrilled to announce the successful and highly beneficial visit to Marintec China 2023. The company’s participation in this well-known exhibition has proven to be a catalyst for forging meaningful collaborations, expanding the company’s portfolio, and establishing new business alliances.The event, which brought together industry leaders, stakeholders, and experts from around the globe, provided a unique platform for Euploia Drydocks and Services Ltd to showcase its expertise and engage with key players in the maritime sector. The team’s participation was marked by an atmosphere of innovation, collaboration, and forward-thinking, […] - [Accelleron signs unique Turbo LifecycleCare service 
contract with power utility WEB Aruba N.V.](https://nafsgreen.gr/accelleron-signs-unique-turbo-lifecyclecare-service-contract-with-power-utility-web-aruba-n-v/): Accelleron and Web Aruba N.V., the public utility and water company for Aruba, have signed a 10 year customized Turbo LifecycleCare™ service agreement. This agreement provides for the maintenance and predictable budgeting of Web Aruba’s 32 turbochargers installed on single and dual fuel stroke engines.   A public signing between the companies took place on November 8th, 2023 with Aruba’s Minister of Labor, Energy and Integration, Glenbert Croes, attending.  A Turbo LifecycleCare agreement offers predictable budgeting and cost-saving efficiency for operators of Accelleron turbochargers on four-stroke engines in the marine and power generation industries. This agreement covers standard spare parts, wear and tear, […] - [ERMA FIRST's shore power connector BLUE CONNECT receives Bureau Veritas Approval](https://nafsgreen.gr/erma-firsts-shore-power-connector-blue-connect-receives-bureau-veritas-approval/): Bureau Veritas (BV), a world leader in testing, inspection and certification, has granted an Approval in Principle to Greek company ERMA FIRST for its BLUE CONNECT system, a high voltage alternative maritime power solution that can be housed in a 40ft container.

 ERMA FIRST’s system, which can be housed in a container or provided in a stand-alone configuration, enables most ships to connect with different shore power systems based on their required power. BLUE CONNECT can be plugged into a port’s infrastructure (external connection) and to a vessel’s electrical grid (internal connection).
 
Connection to shore power will be a requirement for […] - [192 Greek-Owned Shipping Companies And Their 2,057 Vessels Honored For Their Participation In The Amver Program](https://nafsgreen.gr/192-greek-owned-shipping-companies-and-their-2057-vessels-honored-for-their-participation-in-the-amver-program/): Numerous Greek shipping companies were commended for their active involvement in the AMVER program at the Greek AMVER Awards. This gathering of the Greek maritime community was graced by the presence of Greek government officials, prominent US diplomats, and key representatives from Greek shipping companies, and it was organized by the International Propeller Club of the United States, Port of Piraeus in collaboration with the U.S. Embassy in Greece and the United States Coast Guard. The ceremony held particular significance this year as it centered on celebrating seamanship, an integral aspect of maritime heritage. This focus underscored the exceptional commitment and […] - [2024 Message from IMO Secretary-General Arsenio Dominguez](https://nafsgreen.gr/2024-message-from-imo-secretary-general-arsenio-dominguez/): Hello, my name is Arsenio Dominguez. And it’s this time of the year when we look back in reflection and excitement of the things that we have done, the things that we could have done, and the things that we’re yet to do. Here at IMO, we have a great trajectory of successes. But of course, we can always do more. I don’t need to tell you how vital the shipping industry is for the world. And IMO has done much to support its member states, seafarers, the industry and everyone who lives on the planet. For example, during the COVID […] - [Neophytos Papadopoulos*:«The New Deputy Ministry of Shipping: Loading…»](https://nafsgreen.gr/neophytos-papadopoulosthe-new-deputy-ministry-of-shipping-loading/): For us at the Deputy Ministry of Shipping, the restrictions imposed by the dire effects of the Covid-19 pandemic, presented a silver lining: the opportunity for introspection with a view to ‘self-improvement’, through an in-depth assessment of our culture, processes and future goals. Having immersed ourselves into a number of interactive sessions of SWOT analysis we succeeded the formulation of the medium-term strategy of 2022-’24, by the end of last year. In parallel, we per- formed systematic work and bottom-up interviews that led, in the first half of this year to a Blueprint for the Deputy Ministry’s digital transformation, and a […] - [Decarbonization and Digital Technology Discussed as ABS Brings North American Maritime Leaders Together](https://nafsgreen.gr/decarbonization-and-digital-technology-discussed-as-abs-brings-north-american-maritime-leaders-together/): Decarbonization, digital solutions and ABS’ work with leading global technology partners to solve industry challenges were the subjects for discussion among industry leaders at the annual ABS North America Regional Committee Meeting.  “We are pioneering new strategies and technologies to support our clients and members through their decarbonization journey. Because the sustainability challenge is too big for any one company to meet on its own, we are leading industry collaboration with joint development projects with partners all over the world. Thanks to our deep roots in North America, our committee includes the diverse expertise of many knowledgeable stakeholders, which is a […] - [ABB joins widespread call to accelerate shipping decarbonization](https://nafsgreen.gr/abb-joins-widespread-call-to-accelerate-shipping-decarbonization/): ABB has joined more than 155 companies urging governments to help shipping decarbonize by 2050. The Call to Action for Shipping Decarbonization has been signed by more than 150 industry stakeholders and seeks significantly faster reduction in greenhouse gas (GHG) emissions than the International Maritime Organization’s (IMO) current ambition, which aims for a 50 percent reduction by 2050.Ahead of the intergovernmental COP26 climate negotiations in November, the call asks national governments to deliver the policies that will supercharge the energy transition and make zero emission shipping the default choice by 2030. Specifically, signatories representing the entire maritime value chain – including […] - [WISTA steering the way forward](https://nafsgreen.gr/wista-steering-the-way-forward/): WISTA is the first to conduct a survey focusing on impact of covid both positive and negative on women in the maritime sector, taking the lead building upon the research done indicating the impact of the global pandemic on women. WISTA International is launching a maritime specific survey, concentrating on women in the maritime industry, in collaboration with Universidade Federal do Espírito Santo in Brazil who will be sponsoring WISTA with 240 hours of research work.  The online survey focuses on the impact COVID-19 has had on both the professional and personal lives of around 3800 women in the maritime industry who are […] - [Cyprus Shipping Deputy Ministry celebrates World Maritime Day with all-day immersive event and run for seafarers](https://nafsgreen.gr/cyprus-shipping-deputy-ministry-celebrates-world-maritime-day-with-all-day-immersive-event-and-run-for-seafarers/): To celebrate World Maritime Day 2021, Cyprus Shipping Deputy Ministry (SDM) is organizing an all-day immersive experience in Limassol on Saturday 23rd October. The series of public events will bring together the vast range of organizations with a connection to the sea to showcase how fundamental it is to entertainment, education, and the economy.  This one-day experience, entitled “Thalassa 2021: SEA to Live – Experience SHIPPING”, will incorporate activities including diving excursions, beach cleaning and water sports lessons. Prominent local figures will share information on the role of shipping, the value of the blue economy, and the importance of marine environmental […] - [WORLD MARITIME DAY 2021: “Seafarers: at the core of Shipping’s future"](https://nafsgreen.gr/world-maritime-day-2021-seafarers-at-the-core-of-shippings-future/): The Cyprus Shipping Chamber welcomes the celebrations of the “World Maritime Day” which has been established by the International Maritime Organisation (IMO) and celebrated globally every year at the end of September. The purpose of this day is to underline the significant role of Shipping, which has been further highlighted during the ongoing pandemic, since it continued moving 90% of world trade. In addition, it highlights the significant progress made by the global Shipping Industry over the years, on matters regarding the safety and protection of the marine environment. This year the IMO is focusing “World Maritime Day” around the frontline […] - [Spotlighting the role of seafarers on World Maritime Day](https://nafsgreen.gr/spotlighting-the-role-of-seafarers-on-world-maritime-day/): World Maritime Day 2021 highlights “Seafarers: At the core of shipping’s future”. On 30 September 2021, IMO and the global maritime community come together to celebrate the annual World Maritime Day, with a focus on this year’s theme: “Seafarers: At the core of shipping’s future”.As part of the celebrations, which are a fixture in the global shipping calendar, four seafarers will join in an interactive webinar to discuss issues of importance to the future of the sector.In addition, the IMO Headquarters in London will be one of several iconic landmarks to be illuminated in blue, kicking off an annual initiative to […] - [Bureau Veritas delivers Approval in Principle to DriX - an innovative Unmanned Surface Vessel](https://nafsgreen.gr/bureau-veritas-delivers-approval-in-principle-to-drix-an-innovative-unmanned-surface-vessel/): Bureau Veritas (BV), a world leader in testing, inspection, and certification, has delivered an Approval in Principle (AiP) to iXblue, a global high-tech company and a pioneer in the field of maritime autonomy, for its innovative Unmanned Surface Vessel (USV) named DriX. This AiP addresses the safety requirementsof the marine drone, which operates under the novel concept of remotely supervised autonomy. With a length of 8 metres, DriX is an Unmanned Surface Vehicle (USV) equipped with advanced perception means, including a radar, a lidar and cameras, as well as artificial intelligence, which enable it to adapt to its environment, avoid obstacles […] - [ABS Awards AIP to Smart Maritime Autonomous Vessel Technology](https://nafsgreen.gr/abs-awards-aip-to-smart-maritime-autonomous-vessel-technology/): ABS has awarded Approval in Principle (AIP) to technology in an autonomous tug project from ST Engineering, POSH and M1 Limited. The Smart Maritime Autonomous Vessel (SMAV) project saw successful sea trials carried out in 2020 and has now received ABS AIP for its autonomous navigation and collision detection and collision avoidance (CDCA) technology. The POSH Harvest harbor tug was retrofitted with autonomous navigation and CDCA functions. These functions were remotely monitored from a shoreside control center located in the Maritime and Port Authority of Singapore’s Maritime Innovation Lab via cellular networks. “Autonomous technology has significant potential for widespread application at […] - [Vassilios Demetriades*: Cyprus has a clear orientation for the future development of the shipping sector](https://nafsgreen.gr/vassilios-demetriades-cyprus-has-a-clear-orientation-for-the-future-development-of-the-shipping-sector/): “A maritime nation like Cyprus must have a clear orientation for the future development of the shipping sector in order to ensure its sustainable future. We are developing a new strategic process. Our new “SEA” approach is based on three pillars: Sustainable, Extrovert, Adaptable. It is about a continuous, interactive and systematic approach aiming to implement the vision. It will be accompanied by a number of concrete sustainable actions to ensure a sustainable future for Cyprus shipping, stated Mr. Vassilios Demetriades, Cyprus Shipping Deputy Minister to the President in his interesting interview in NAFS magazine. The full interview of Mr. Vassilios […] - [ABS Awards AIP to Ned Project’s Wind Turbine Installation Vessel Design](https://nafsgreen.gr/abs-awards-aip-to-ned-projects-wind-turbine-installation-vessel-design/): ABS has awarded Approval in Principle (AIP) to Ned Project Inc. for its hydrogen-ready wind turbine installation vessel (WTIV) design. The NP20000X ULAM design is intended to be Jones Act Compliant and able to meet future offshore wind market demands, specifically operations involving 15-20 MW wind turbine installations. Its innovative approach loads monopiles vertically on the 8,000 square-meter (m2) deck, eliminating the need to rotate monopiles to the vertical position at sea, increasing efficiency and safety. The design is equipped with a leg encircling heavy cargo crane with a working load of 3,500 metric tons capable of handling turbines of 240-meter […] - [Nor-Shipping to bring the industry together as Coronavirus restrictions end in Norway](https://nafsgreen.gr/nor-shipping-to-bring-the-industry-together-as-coronavirus-restrictions-end-in-norway/): Exhibitions, parties, conferences, networking, and good old fashioned face-to-face fun are now firmly on the agenda at Nor-Shipping 2022 in January. Last week saw Norway finally end its national Coronavirus restrictions, meaning Your Arena for Maritime Solutions is free to run a normalised activity programme. It’s a unique opportunity, say organisers, to reboot, reenergise and reconnect our global ocean industries.After a grand total of 561 days, Norwegian national coronavirus restrictions are no more. This means the end of limited numbers at outdoor and indoor events, good bye to the one metre social distancing rule, a return to normal business activity, and, crucially, […] - [Lloyd’s Register grows fleet optimisation offering with GreenSteam acquisition](https://nafsgreen.gr/lloyds-register-grows-fleet-optimisation-offering-with-greensteam-acquisition/): Transaction part of strategy to become the go-to partner and advisor to the maritime industry and broader ocean economy.  Lloyd’s Register (LR) has acquired GreenSteam, a marine data intelligence company specialising in improving vessel efficiency through machine learning.  The acquisition will be integrated and managed by i4 Insight, a subsidiary of Lloyd’s Register. i4 Insight, part of LR’s Maritime Performance Services business, is a digital platform that allows shipowners, operators and charterers to easily access insights on vessel performance and fuel consumption across their fleets. LR is expanding its portfolio of risk, technical advisory, commercial efficiency, vessel performance and voyage optimisation services to unlock and drive growth for clients, part of its strategy to become […] - [DNV and LISCR award AiP to HHI for 40,000 CBM liquefied CO2 carrier design](https://nafsgreen.gr/dnv-and-liscr-award-aip-to-hhi-for-40000-cbm-liquefied-co2-carrier-design/): Classification society DNV and the Liberian International Ship & Corporate Registry (LISCR) have awarded an Approval in Principle (AiP) to Hyundai Heavy Industries (HHI) and Korea Shipbuilding & Offshore Engineering CO. (KSOE) for a new 40,000 CBM liquified CO2 carrier design. The handover of the AiP certificate took place during the Gastech trade fair in Dubai.Carbon capture and storage (CCS) is gaining traction as a technology to reduce the impact of CO2 emissions. Maritime transport will play an essential role in the CCS value chain, which is expected to lead to an increasing demand for liquefied CO2 (LCO2) carriers.HHI’s and KSOE’s […] - [Moore Greece and Athens Technology Center (ATC) introduce the Maritime Accounting Software](https://nafsgreen.gr/moore-greece-and-athens-technology-center-atc-introduce-the-maritime-accounting-software/): Moore Greece, an accounting and consulting firm specialising in the shipping and other sectors and Athens Technology Center (ATC), a smart business enabler that provides novel, end to end IT solutions for all business functions, introduce the Maritime Accounting Software, a future proof, scalable and cost effective accounting and reporting software, uniquely tailored for maritime. The Maritime Accounting Software (MAS) is the product of a unique partnership:·        Built on Epicor ERP, a leading international software solution. Epicor ERP is a globally acclaimed, well established full-suite ERP, with thousands of clients, globally.·        Customized for maritime by Moore Greece, a global leader in […] - [LR, HHI and KSOE sign MoU to develop digital twin technology for an LNG carrier](https://nafsgreen.gr/lr-hhi-and-ksoe-sign-mou-to-develop-digital-twin-technology-for-an-lng-carrier/): Collaboration follows market demand for technological development related to digitalised vessels and drive for large scale LNG carriers. Lloyd’s Register (LR), Korea Shipbuilding & Offshore Engineering (KSOE) and Hyundai Heavy Industries (HHI) have signed a Memorandum of Understanding (MoU) at Gastech 2021, Dubai to develop digital twin technology to support the digitalisation of the maritime industry and the growing demand for large scale LNG carriers.As part of the MoU, KSOE and HHI will further develop its Hyundai Intelligent Digital Twin Ship (HIDTS) for a type B gas containment tank suitable for an 174,000 CBM LNG Carrier.LR’s role is to perform audit, […] - [Capital Link 13th Annual Shipping & Marine Services Forum "London Calling - Supercycle Ahead?"](https://nafsgreen.gr/capital-link-13th-annual-shipping-marine-services-forum-london-calling-supercycle-ahead/): The 13th Annual Capital Link Shipping & Marine Services Forum – “London Calling – Supercycle Ahead?”, took place with great success on Monday, September 13, 2021 at 09:50am – 6:00pm London Time BST as a digital conference, attracting a large number of participants both from the UK and from around the world. The Forum was hosted in partnership with Astrup Fearnleys and in cooperation with the London Stock Exchange. The event was held in conjunction with the London International Shipping Week 2021. The Forum was honored by the participation of Mr. Robert Courts MP, Minister for Aviation, Maritime & Security – Department […] - [ABS Publishes Industry-Leading Guide to Ammonia-Fueled Vessels](https://nafsgreen.gr/abs-publishes-industry-leading-guide-to-ammonia-fueled-vessels/): As the potential of ammonia to contribute to shipping’s decarbonization objectives is increasingly recognized, ABS has moved to support its adoption with publication of industry-leading guidance for the design and construction of ammonia-fueled vessels. The ABS Guide for Ammonia-Fueled Vessels sets out Classification design criteria for the arrangements, construction, installation and survey of machinery, equipment and systems for vessels operating with ammonia as fuel to minimize risks to the vessel, crew and the environment. “The industry is looking at ammonia as one of the pathways towards the decarbonization goals for beyond 2030. It is a fuel with high potential as a […] - [Andriani Vodena*: “We will meet the challenge”: UK reveals its work to drive forward sustainable shipping 
](https://nafsgreen.gr/andriani-vodena-we-will-meet-the-challenge-uk-reveals-its-work-to-drive-forward-sustainable-shipping/): In a constantly changing global industry, driving forward maritime standards is something the Maritime and Coast- guard Agency continues to make a priority. The ongoing work of the UK Ship Register to meet the challenges of those changes and the formation of the Maritime Future Technologies (MFT) team is a big part of that.Any organisation will tell you that the decisions it makes today in the face of the challenges it meets will determine how it makes a difference in the future. For the UK Ship Register, the challenges of taking on digitalisation of its services, life after EU Exit and […] - [The new Executive Committee for the Propeller Club of Piraeus with Costis Frangoulis entering a second consecutive term as President](https://nafsgreen.gr/the-new-executive-committee-for-the-propeller-club-of-piraeus-with-costis-frangoulis-entering-a-second-consecutive-term-as-president/): On Tuesday, 14 September 2021, the first meeting of the Board of Governors, following the elections of 8 September, was held to elect the new Executive Committee of the International Propeller Club of the United States, Port of Piraeus.  11 of the members of the new Board served as Governors during the previous two years, while 5 new Governors were elected.  With 248 votes out of 309, the highest number during the elections of 8 September, Costis Frangoulis, was unanimously elected by the Board of Governors, to serve as President for a second term. The new Executive Committee, with a two-year term, is as follows: […] - [Maritime Cyprus rescheduled for 2022](https://nafsgreen.gr/maritime-cyprus-rescheduled-for-2022/): The infamous biennial October shipping conference, Maritime Cyprus, has been postponed. The event will now take place from 9th – 12th October 2022.  The organizing committee of the Maritime Cyprus Conference 2021, which consists of representatives from the Shipping Deputy Ministry, Cyprus Chamber of Shipping, and Cyprus Union of Shipowners, has taken the difficult decision to reschedule the conference, despite the considerable improvement of the epidemiological situation in Cyprus. The biennial conference brings together the shipping community from across the world. It aims to forge closer relationships and networks between shipowners and shipping executives, encouraging international collaboration to positively influence the […] - [Mexican border town of Laredo braces for influx of National Guard troops in backyard](https://nafsgreen.gr/mexican-border-town-of-laredo-braces-for-influx-of-national-guard-troops-in-backyard/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [McCaskill under fire for Beverly with Obama](https://nafsgreen.gr/sen-claire-mccaskill-under-fire-for-beverly-hills-fundraiser-with-obama/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [NC Green Party becomes latest official party](https://nafsgreen.gr/nc-green-party-becomes-latest-official-party/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [China’s defunct space lab hurtling toward Earth](https://nafsgreen.gr/where-will-it-hit-chinas-defunct-space-lab-hurtling-toward-earth-for-re-entry/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [LabCorp hit with federal suit over robocalls](https://nafsgreen.gr/labcorp-hit-with-federal-suit-over-robocalls/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [Women United gives $65K for ABSS elementary programs](https://nafsgreen.gr/women-united-gives-65k-for-abss-elementary-programs/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [Burlington sets 6th Community Improvement](https://nafsgreen.gr/burlington-sets-6th-community-improvement-meeting/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [State-of-the-Art Ammonia Reforming Technology from Amogy Verified by ABS](https://nafsgreen.gr/state-of-the-art-ammonia-reforming-technology-from-amogy-verified-by-abs/): ABS has issued New Technology Qualification (NTQ) for an innovative ammonia-to-electrical power system from Amogy. The Amogy ammonia-to-electrical power system splits, or “cracks,” liquid ammonia into its base elements of hydrogen and nitrogen, funneling the hydrogen into a fuel cell generating high-performance power. The technology represents a sustainable, clean energy solution tailored for industries such as maritime shipping and power generation.ABS assessed the integrated reactor system transforming ammonia into hydrogen resulting in pure hydrogen gas that can be utilized for fuel cells.“Amogy’s new technology is another example of the rapid development of innovation around alternative fuels for maritime use. Cracking ammonia […] - [ABS Approves Two Innovative Autonomous Technologies for Offshore Platforms from HD Hyundai Group](https://nafsgreen.gr/abs-approves-two-innovative-autonomous-technologies-for-offshore-platforms-from-hd-hyundai-group/): ABS awarded approval in principle (AIP) to two critical autonomous functions on a proposed offshore platform in the latest phase of its pioneering collaboration with HD Hyundai Group. The artificial intelligence-based Autonomous Machinery Health Management Function (HiCBM) and the Autonomous Safety Management Function (HiCAMS) both received AIP from ABS at the Offshore Technology Conference in Houston.HiCBM and HiCAMS received ABS product design assessments for ships throughout 2022 and 2023. Now, ABS is supporting their application to the offshore industry.The certificates are just the latest stage in ABS and HD Hyundai Group’s collaboration, building on shared efforts to expand the development of […] - [Posidonia 2024 Unveils Comprehensive Conference Programme](https://nafsgreen.gr/posidonia-2024-unveils-comprehensive-conference-programme/): Posidonia 2024 is set to commence from June 3rd to 7th at the Athens Metropolitan Expo for a week packed with more than 65 thought-provoking and informative seminars and conferences where a strong line-up of prominent industry leaders and decision makers will cover a spectrum of critical topics shaping the future of shipping. With Posidonia known as the Home of Shipping, the “TradeWinds Shipowners Forum” once again is expected to attract much of the attention. This year the forum will delve into the roles of shipowners, charterers, financiers, and regulators in fostering a new paradigm against a backdrop of geopolitical turmoil, […] - [ABS and Seatrium Sign Multi-Year Agreement to Collaborate on Accelerating Decarbonization and the Energy Transition](https://nafsgreen.gr/abs-and-seatrium-sign-multi-year-agreement-to-collaborate-on-accelerating-decarbonization-and-the-energy-transition/): ABS and Seatrium have enhanced their long running partnership on cutting-edge marine and technology projects with the signing of a three-year Technology Collaboration Agreement (TCA) at the Offshore Technology Conference (OTC). Entitled “Accelerating Decarbonization and Energy Transition,” the agreement is the foundation for further collaboration on a succession of state-of-the-art projects under four broad themes: decarbonization, electrification, new energies and digital transformation. The agreement aims to support the commercialization of a broad range of innovative technological advancements and solutions, green retrofit products and services such as carbon capture, electrification and energy efficiency measures.“Together, ABS and Seatrium have a remarkable history of […] - [Accelleron and HD Hyundai Marine Solution renew long-standing Service Agreement](https://nafsgreen.gr/accelleron-and-hd-hyundai-marine-solution-renew-long-standing-service-agreement/): Accelleron has renewed its service agreement with the engine builder HD Hyundai Heavy Industries Engine & Machinery Division (HHI-EMD) and its lifecycle service company HD Hyundai Marine Solution (HMS). The agreement, continuing a collaboration that started in 2024, will ensure that owners of engines built by HHI-EMD and vessels or power plants serviced by HMS can benefit from Accelleron’s turbocharger service expertise, spare parts, lifecycle upgrades and efficiency solutions.As part of the cooperation, Accelleron will assure delivery of spare parts and expert service for all its turbochargers installed on HIMSEN four-stroke engines designed and two-stroke engines built under license by HHI-EMD. […] - [ABS to Lead BlueBARGE Project to Advance Offshore Electrical Power Bunkering](https://nafsgreen.gr/abs-to-lead-bluebarge-project-to-advance-offshore-electrical-power-bunkering/): ABS has joined the BlueBARGE Project, a program funded by the Horizon Europe program and involving 14 partners from 10 European countries to develop a comprehensive solution for offshore electrical power bunkering. ABS is leading the 36-month, €11 million-euro project and will support the consortium in safety, classification and regulatory compliance.To limit local pollution and greenhouse gas emissions, BlueBARGE is developing and testing a new way for ships docked in port to plug into electrical power known as cold ironing. The BlueBARGE model will look at an offshore supply of electrical power to moored and anchored vessels. It will address challenges […] - [Katerina Palla*: The importance of maritime training & the challenges we face](https://nafsgreen.gr/katerina-palla-the-importance-of-maritime-training-the-challenges-we-face/): Firstly, let’s highlight the criticality of maritime training. The maritime industry is a complex working environment where professionals operate within strict safety protocols, environmental regulations, and technological advancements. Whether it’s mastering naviga- tion techniques, understanding maritime laws, or implementing safety procedures, well-trained personnel are essential. Competent training not only ensures compliance with international standards but also enhances operational efficiency and reduces the risk of accidents at sea.Furthermore, the marine system is experiencing a fast transforma- tion with the advancements in technology, automation, and digitali- zation. Consequently, the training needs of maritime professionals are also increasing. Seafarers will have to deal with […] - [Panos Kirnidis*: Transforming Maritime Training for the Digital Era](https://nafsgreen.gr/panos-kirnidis-transforming-maritime-training-for-the-digital-era/): The interview delves into the evolving landscape of maritime training amidst automation and digitalization. It explores how training institutions are adapting to equip graduates with necessary skills, especially in developing countries. The discussion includes innovative solutions for accessible training despite financial constraints, strat- egies to attract and retain young talent, achieving unified training standards globally, promoting di- versity, and overcoming hurdles for long-term industry success. Panos Kirnidis CEO of Palau International Ship Registry (PISR) emphasizes the critical role of technology and education in preparing seafarers for the challenges of the digital era. As automation and digitalization rapidly change the maritime industry, […] - [Natassa Kouvertari*: Meeting the Training Needs for New Fuel Technologies in Maritime Operations](https://nafsgreen.gr/natassa-kouvertari-meeting-the-training-needs-for-new-fuel-technologies-in-maritime-operations/): As the maritime industry transitions towards alternative fuels like ammonia, methanol, hydrogen, and LNG, there’s a pressing need to enhance crew training and competence. This includes developing new technical skills, updating regulatory frameworks, and integrating auto- mation to minimize risks associat- ed with these fuels. Key areas for improvement include bunkering operations, maintenance, safety protocols, and leadership skills. Initiatives like Lloyd’s Register Mar- itime Decarbonisation Hub and the Maersk Mc-Kinney-Møller Center for Zero Carbon Shipping are leading efforts to assess risks and develop comprehensive training programs. The goal is to ensure seafarers are well-prepared for the challenges of the industry’s green […] - [Dr Marina Papaioannou*: Reskilling and Upskilling - A trend or the new normality?](https://nafsgreen.gr/dr-marina-papaioannou-reskilling-and-upskilling-a-trend-or-the-new-normality/): Will the seafarer of the future be anything like the one of the present? That seems to be the question in everyone’s mind and concerns most if not all the seafarers themselves.
But was that not always the case? Try to visualize the seafarer of the 1960s or 1970s; does he look like the seafarers of 2000’s much more of today’s?Of course, developments are a lot faster during our times than what they used to be in the past, and naturally this affects all aspects of our work together with our human resources. Thinks have changed rapidly over the last couple of […] - [Dr. John Kokarakis*: Adapting Training in the Maritime Industry for Automation and Digitalization](https://nafsgreen.gr/dr-john-kokarakis-adapting-training-in-the-maritime-industry-for-automation-and-digitalization/): As automation and digitalization rapidly change the maritime industry, how are training institutions adapting to ensure graduates have the necessary skills to succeed in this evolving landscape? The impact of automation and digitalization is profound in the ever-evolving maritime industry. Training institutions must adapt to equip graduates with the essential skills to thrive in this dynamic landscape. Training institutions in the marine industry are facing a crucial challenge: preparing graduates for a future heavily influenced by automation and digitalization. They must introduce dedicated courses on automation principles, data analysis, and the operation of digital systems like navigation software and bridge automation […] - [Groundbreaking Report from ABS and AAPA Shines Light on American Ports’ Readiness to Meet Decarbonization Demands](https://nafsgreen.gr/groundbreaking-report-from-abs-and-aapa-shines-light-on-american-ports-readiness-to-meet-decarbonization-demands/): While most American ports have decarbonization plans in place, a new report shows there are significant challenges to advancing emission-reduction projects, including financial constraints, low technology readiness and physical space limitations. Those are some of the key takeaways from a new joint publication between ABS and the American Association of Port Authorities (AAPA), Port Decarbonization Survey: Trends and Lessons Learned.The report is based on feedback from AAPA members and represents the culmination of a joint development project (JDP), a unique collaboration between AAPA and ABS providing perspectives from both port authorities and vessel operations experts. “ABS is actively involved in several infrastructure […] - [ST Engineering AirX and Bureau Veritas Sign Cooperation Agreement to Advance Wing-in-Ground Technology ](https://nafsgreen.gr/st-engineering-airx-and-bureau-veritas-sign-cooperation-agreement-to-advance-wing-in-ground-technology/): ST Engineering AirX (AirX), a joint venture between ST Engineering and Peluca (formerly known as Wigetworks), announced a strategic partnership with Bureau Veritas (BV), a global leader in the Testing, Inspection and Certification industry, aimed at advancing Wing-in-Ground (WIG) technology. The collaboration will focus on the classification and certification of AirX’s AirFish WIG craft, which represents a vital step towards its entry into service.

The AirFish is a groundbreaking WIG marine craft that operates just above the water, utilising aerodynamic forces generated by ground effect to achieve a more fuel-efficient high speed of travel. Under the partnership, and a shared vision in […] - [ABS Wavesight™ Appoints Software Innovator and Technology Leader to Serve as COO](https://nafsgreen.gr/abs-wavesight-appoints-software-innovator-and-technology-leader-to-serve-as-coo/): ABS Wavesight has appointed software and digital technology leader Staci Satterwhite to serve as Chief Operating Officer (COO), a new role for the maritime software as a service (SaaS) affiliate of ABS. Most recently serving as the COO of Khoros, a Vista private equity portfolio company, Satterwhite has extensive and diverse global experience helping develop and transform software and digital solutions.“We welcome Staci to ABS Wavesight. Her depth and range of experience as a software innovator and technology leader will be key qualities to further solidify and shape our customer-facing approach to software and technology development.  As the marine and offshore […] - [IBIA and BIMCO collaboration on fuel and maritime challenges](https://nafsgreen.gr/ibia-and-bimco-collaboration-on-fuel-and-maritime-challenges/): IBIA – The International Bunker Industry Association and BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the monumental challenges and opportunities within the areas of bunker, marine energy and maritime sectors and help facilitate shipping’s decarbonisation efforts. The parties have agreed to leverage their respective expertise and resources to develop innovative solutions and initiatives to facilitate the transition towards cleaner fuels and efficient and sustainable shipping practices. The partnership MOU will focus on addressing the following key areas: Research and Development: Collaborate on research initiatives, studies, and projects relevant to the bunker/marine energy industry and maritime […] - [Pantheon Tankers Management and Alpha Gas adopt RINA’s SERTICA digital logbooks](https://nafsgreen.gr/pantheon-tankers-management-and-alpha-gas-adopt-rinas-sertica-digital-logbooks/): Pantheon Tankers Management and Alpha Gas will install RINA’s SERTICA digital logbooks to ensure smarter and more efficient digital logkeeping across their fleets. Digital logbooks mark a significant advancement over their paper predecessors. They not only reduce the burden on the crew of manual entry but also ensure greater accuracy and integrity of data. This transition is crucial in an industry where the accuracy of log entries is fundamental for compliance with international regulations and for operational analysis.The move of Pantheon Tankers Management and Alpha Gas aligns with the group’s strategy to embrace digitalization. By leveraging an array of digital tools […] - [ABB to provide hybrid-electric propulsion for new MaineDOT ferry connecting island community to mainland](https://nafsgreen.gr/abb-to-provide-hybrid-electric-propulsion-for-new-mainedot-ferry-connecting-island-community-to-mainland/): ABB has been selected by Maine Department of Transportation (MaineDOT) to supply a comprehensive grid-to-propeller solution for the new double-ended, hybrid-electric ferry that will provide essential services between the town of Lincolnville and the island community of Islesboro in the United States. Due to replace an existing diesel-powered ferry, the new vessel will demonstrate the preference of publicly funded organizations in the US for the high reliability and lower emissions achievable using hybrid-electric seagoing technology. ABB’s scope of supply covers the hybrid-electric propulsion and energy storage system. ABB’s award-winning Onboard DC Grid™ power distribution system will ensure optimal use of energy […] - [LALIZAS announces the acquisition of Revere Survival](https://nafsgreen.gr/lalizas-announces-the-acquisition-of-revere-survival/): LALIZAS is thrilled to announce the successful acquisition of Revere Survival, a US-based manufacturer & distributor of liferafts and other premium survival equipment for the recreational and commercial markets; a move that marks a significant milestone in the company’s journey towards continued growth and expansion. #thelalizasforce has already developed a strong presence in the US market since 2018 with the acquisition of LALIZAS/ALEXANDER in Houston, TX & Houma, LA (former Alexander/Ryan Marine & Safety). In the frame of wisely seizing opportunities for growth, LALIZAS made one more strategic acquisition in order to expand its offerings on the continent of North America. […] - [Headway joints force with CEEC Group for integrated projects in green hydrogen, methanol and ammonia](https://nafsgreen.gr/headway-joints-force-with-ceec-group-for-integrated-projects-in-green-hydrogen-methanol-and-ammonia/): On April 15, CEEC Hydrogen Energy Co., Ltd. signed a strategic cooperation agreement with Headway Technology Group (Qingdao) Co. The two parties will fully leverage their advantages, cooperating in hydrogen energy storage and transportation, utilization, and equipment manufacturing. They aim to jointly promote the development of the hydrogen energy industry chain by exploring integrated development modes and creating a green hydrogen-ammonia-methanol project for the shipping industry. Li Jingguang, Secretary of the Party Committee and Chairman of CEEC Hydrogen Energy Co., Ltd., and Cao Xueliang, Chairman of Headway Technology Group (Qingdao) Co., Ltd., signed the agreement. At the ceremony, Li Weibo, Standing […] - [C&A Stavros Kassidiaris S.A. «goes Green»](https://nafsgreen.gr/ca-stavros-kassidiaris-s-a-goes-green/): C&A Stavros Kassidiaris S.A. recently upgraded its partnership with DHL Express, leveraging their GoGreen Plus service, which uses eco-friendly aviation fuel (SAF) for order deliveries. By opting for SAF, we actively reduce the carbon footprint of our shipments, demonstrating our firm commitment to environmental responsibility.According to C&A Stavros Kassidiaris S.A. “prioritizing sustainable practices, we empower the companies that choose to work with us, to join us in this endeavor. Together, let’s embrace eco-conscious choices and contribute to a greener future. SAF represents not only a crucial step in achieving our sustainability objectives but also signals our dedication to a more sustainable […] - [Posidonia 2024 marks the rebirth of the Greek shipbuilding industry](https://nafsgreen.gr/posidonia-2024-marks-the-rebirth-of-the-greek-shipbuilding-industry/): Greece’s revitalised shipbuilding industry will be prominently represented during Posidonia 2024, signalling a strong recovery following decades of decline and disrepair. The sector’s Greek renaissance is on the cards after the completion of the consolidation of the country’s shipbuilding units in Syros and in Elefsina, and also due to the restart of Skaramangas shipyard and the increased activity in Halkida. Neorion Shipyard in Syros and Elefsis Shipyard have repaired over 500 ships, foreign and Greek-owned, since the New York-based ONEX Shipyards and Technologies group took over their operations in 2019. Combined with further domestic output from other ship repair and shipbuilding […] - [Accelleron partners with BEMAC to improve access to digital solutions for engines and turbochargers](https://nafsgreen.gr/accelleron-partners-with-bemac-to-improve-access-to-digital-solutions-for-engines-and-turbochargers/): Accelleron customers will gain easier access to data-driven performance improvements and cost reductions thanks to a new partnership with maritime data platform provider BEMAC. Under the agreement signed with Accelleron’s Japanese joint venture company Turbo Systems United, data gathering and transmission for Accelleron’s digital optimization solutions and data-enabled service agreements will be automated within BEMAC’s MaSSA-One platform. Accelleron’s Turbo Insights is already set to be used on approximately 30 vessels currently utilizing MaSSA-One platform, while data handling for Turbo MarineCare service agreements is conducted through the platform on two vessels. BEMAC Corporate Officer and Device & Communication Segment Manager, Hideyuki Terada […] - [CMA D. ARGOUDELIS & CO S.A. and TESCOM HELLAS Join Forces to Revolutionize Marine and Industrial Automation Solutions](https://nafsgreen.gr/cma-d-argoudelis-co-s-a-and-tescom-hellas-join-forces-to-revolutionize-marine-and-industrial-automation-solutions/): CMA D. ARGOUDELIS & CO S.A, a pioneering force in marine, industry & energy automation, has officially entered into a strategic Memorandum of Understanding (MOU) with TESCOM HELLAS, a renowned manufacturer of voltage stabilization and uninterruptible power systems. This collaboration marks a significant milestone in the advancement of automation solutions within the marine and industrial sectors. The MOU solidifies a partnership between two industry leaders, poised to provide cutting-edge products and customized solutions to meet the evolving standards of the shipping industry. Under this agreement, CMA D. ARGOUDELIS & CO S.A will serve as a distributor of TESCOM HELLAS products, including […] - [Bureau Veritas SA Granted Recognized Organization status by Japan](https://nafsgreen.gr/bureau-veritas-sa-granted-recognized-organization-status-by-japan/): Bureau Veritas SA (BV), a world leader in testing, inspection, and certification, has been awarded recognized organization (RO) status by Japan’s Ministry of Land, Infrastructure, Transport & Tourism (MLIT).
 The recognition is made to Bureau Veritas SA under Japan’s Ship Safety Law and the Act on the Prevention of Marine Pollution and Maritime Disaster. The award follows both document verification and site audits, checking inspection procedures at shipyard and operations at the Bureau Veritas Kobe office and in the Paris headquarters, where Matthieu de Tugny, President, Bureau Veritas Marine & Offshore, also participated in the opening and closing interviews in Paris.
 […] - [C&A Stavros Kassidiaris S.A., engages in significant project for ELTRAK SA](https://nafsgreen.gr/ca-stavros-kassidiaris-s-a-engages-in-significant-project-for-eltrak-sa/): C&A Stavros Kassidiaris S.A., a foremost provider of automation systems, is pleased to announce a dynamic collaboration with Eltrak S.A., a leading company worldwide in the industry of heavy equipment in shipping and industry. The project is about the design and construction of control panels, deck generators (3000 KVA) power management controllers and distribution and starter panels for the auxiliary equipment, for 6 container ships. The company is also responsible for the installation of the electrical equipment.For this Intriguing venture, C&A Stavros Kassidiaris S.A. representing prominent international manufacturers of electromechanical equipment, will utilize cutting-edge materials from Hyundai Electric & Energy System […] - [From Technology to Environmental Action: The Initiative of TURBOMED SA](https://nafsgreen.gr/from-technology-to-environmental-action-the-initiative-of-turbomed-sa/): TURBOMED SA, a leading force in the marine turbocharger industry, reaffirms its commitment to environmental sustainability and corporate social responsibility through a noteworthy initiative. In collaboration with the Mediterranean Company Environmental Protection (MEPP) and with the support of HELMEPA, it successfully organized an extensive underwater clean-up on March 2, 2024, at the Ilida fishing shelter, followed by an informative seminar.During the action, teams of professional divers collected more than two tons of waste from the harbor’s bottom, highlighting the urgent need for action in favor of marine ecosystems. The initiative continued with the seminar held at the Ilida Cultural Center, where, […] - [A Global Carbon Tax on Shipping is Coming, Says ABS Chairman and CEO](https://nafsgreen.gr/a-global-carbon-tax-on-shipping-is-coming-says-abs-chairman-and-ceo/): A universal, global carbon tax on shipping is coming, as alternative blue fuels made with carbon capture emerge as a critical step in the energy transition at sea. That was the message from Christopher J. Wiernicki, ABS Chairman and CEO, during an appearance at the CERAWeek energy conference.“We need to recognize that there is an intermediate step in the energy transition,” he said. “Last year the conversations were focused on going from oil to a green fuel economy. Today, we are seeing the emergence of the blue economy that addresses carbon management, carbon capture, carbon pricing and carbon credits and offsets, […] - [Accelleron and Furuno embark on digital cooperation](https://nafsgreen.gr/accelleron-and-furuno-embark-on-digital-cooperation/): Accelleron’s Japanese joint venture company Turbo Systems United has signed a memorandum of understanding with marine systems provider Furuno Electric Co to cooperate in digital activities. The agreement, the first of its kind for the Accelleron group in Japan, will dramatically improve access to optimization solutions and digitally enabled services in one of the world’s most important shipbuilding markets. Furuno has a leading position in the supply of marine radar systems, with more than 40% market share in the global merchant fleet, as well as delivering a range of other electronic equipment. Under the agreement, the company will promote and enable […] - [ABB and Kuenz land automatic stacking cranes contract for APM Terminals Maasvlakte II expansion](https://nafsgreen.gr/abb-and-kuenz-land-automatic-stacking-cranes-contract-for-apm-terminals-maasvlakte-ii-expansion/): ABB and crane builder Kuenz, headquartered in Austria, have secured the largest single order of Automatic Stacking Cranes (ASC) ever made by a European terminal, as part of the groundbreaking ‘phase 2’ expansion of APM Terminals Maasvlakte II (APMT MVII) facility in Rotterdam, the Netherlands. The companies will deliver 62 ASC and one Intermodal Yard Crane equipped with the latest electrical and automation technology enabling the terminal to double container capacity at APMT MVII. The financial details of the order were not disclosed. Formalized at a signing ceremony in Rotterdam yesterday, involving APMT MVII, Kuenz and ABB, the contract gives testament […] - [ABB’s shore connection technology drives decarbonization of DEME’s fleet in the Port of Vlissingen](https://nafsgreen.gr/abbs-shore-connection-technology-drives-decarbonization-of-demes-fleet-in-the-port-of-vlissingen/): ABB has won the contract to provide a complete shore connection installation for the DEME Base in Vlissingen, the Netherlands. Shore connection enables the diverse fleet of dredgers, offshore construction and support vessels to avoid carbon emissions by shutting off their engines and drawing on shore power while at berth. Headquartered in Belgium, DEME is a leading contractor in the fields of offshore energy, environmental remediation, dredging and marine infrastructure. DEME has set itself a goal of cutting 40 percent from the greenhouse gases generated by its fleet by 2030 compared to 2008, moving significantly ahead of the revised emissions reduction […] - [CMA D. ARGOUDELIS & CO S.A. Elevates Support for HERMES Team at University of Thessaly as Platinum Sponsor](https://nafsgreen.gr/cma-d-argoudelis-co-s-a-elevates-support-for-hermes-team-at-university-of-thessaly-as-platinum-sponsor/): CMA D. ARGOUDELIS & CO S.A., proudly announces its commitment as the Platinum Sponsor for the HERMES Team at the University of Thessaly. Founded in 2018 by members of the IEEE Student Branch of the University of Thessaly and the Student Chapter of IEEE Robotics and Automation of the International Hellenic University, the HERMES Team is currently led by dedicated students of the University of Thessaly. Their mission is focused on continual improvement and technological advancement. At the core of HERMES’s endeavors is the development of an exoskeleton robotic system for participation in the CYBATHLON 2024 competition. This innovative system aims […] - [Republic of the Marshall Islands Maintains Highest Quality Fleet](https://nafsgreen.gr/republic-of-the-marshall-islands-maintains-highest-quality-fleet/): The Republic of the Marshall Islands (RMI) Registry’s active role in supporting its owners and operators has resulted in sustaining the highest quality fleet in the world. At the close of day one of CMA Shipping 2024, Rear Admiral Wayne Arguin informed RMI Registry personnel that the RMI has once again achieved the coveted United States Coast Guard’s (USCG’s) QUALSHIP 21 status, marking 20 consecutive years. The RMI is the only Registry in the world to do so. This recognition is the result of long-term and consistent focus on open communication with global port State control (PSC) authorities as well as […] - [Christos Stylianidis*: Greek shipping a leading player in the competitiveness of the European economy](https://nafsgreen.gr/christos-stylianidis-greek-shipping-a-leading-player-in-the-competitiveness-of-the-european-economy/): Greek shipping is a protagonist in the world and the first shipping power in Europe. That is why it would be a big mistake if we did not take full advantage of this fact, precisely to be able to promote the interests of Greek shipping and the interests of Greece in general.In other words, we want Greece, as a protagonist in shipping, to play a decisive role in shaping the policies to come. And it is a difficult crossroads, which will have many dilemmas, especially regarding the issues of the “green” transition in shipping. Who will remain protagonists and who will […] - [Alfa Laval OceanGlide fluidic air lubrication system secures the first Memorandum of Understanding with a Korean shipyard](https://nafsgreen.gr/alfa-laval-oceanglide-fluidic-air-lubrication-system-secures-the-first-memorandum-of-understanding-with-a-korean-shipyard/): Alfa Laval has collaborated with a Korean shipbuilding company by signing the first Memorandum of Understanding (MOU) for OceanGlide installations. This agreement shows the growing market interest in OceanGlide as a viable solution for energy efficiency and decarbonization.Alfa Laval has signed a Memorandum of Understanding (MOU) with a reputed Korean shipyard, K Shipbuilding (KSB) for collaboration with respect to entering Alfa Laval OceanGlide Air Lubrication System in KSB’s potential newbuilding projects such as MR and LR1 Tankers. Forward-thinking solution for decarbonizationThrough this business agreement, KSB seeks to leverage the benefits offered by OceanGlide to achieve its objective of improving a vessel’s […] - [HD Hyundai Marine Solution partners with Accelleron to pioneer Ship Engine Optimization](https://nafsgreen.gr/hd-hyundai-marine-solution-partners-with-accelleron-to-pioneer-ship-engine-optimization/): HD Hyundai Marine Solution has signed an agreement with Greek operator Neptune Lines Shipping and Managing Enterprises SA to provide Engine Part Load Optimization (EPLO) services for four car carriers. HD Hyundai Marine Solution partnered with Accelleron to launch the EPLO service, receiving the first order for one ship in October last year. Most marine engines are built to provide optimal fuel efficiency and performance for the speed and environment for which the ship is designed. However, more than 60 percent of the world’s ships of 400 gross tons (GT) and above are required by the International Maritime Organization (IMO) to […] - [NAVIGATOR SHIPPING CONSULTANTS Presents NAVIGATOR ASSEMBLY 2024: "FORGE THE FUTURE"](https://nafsgreen.gr/navigator-shipping-consultants-presents-navigator-assembly-2024-forge-the-future/): Navigator Shipping Consultants is thrilled to announce the NAVIGATOR ASSEMBLY 2024, themed “FORGE THE FUTURE.” The event is scheduled to take place on Wednesday, March 13, 2024, at Grand Hyatt Athens, commencing at 16:30 Hrs. The Navigator Assembly stands as a distinguished gathering, uniting key decision-makers from prominent Greek shipping companies. It serves as an exclusive platform designed to foster insightful discussions through roundtable sessions, focusing on pivotal topics within the maritime industry. These include Decarbonization, Human Element, Smart Shipping, ESG (Environmental, Social, and Governance), and Maritime Supply Chain. Participants will have the opportunity to delve into critical industry issues, exchange perspectives, […] - [Clean Energy Strategy and the Cost of Compliance in Focus at the ABS Southeast Asia Regional Committee](https://nafsgreen.gr/clean-energy-strategy-and-the-cost-of-compliance-in-focus-at-the-abs-southeast-asia-regional-committee/): Clean energy strategies and the impact of market-based measures on the cost of compliance led the discussion at the annual ABS Southeast Asia Regional Committee Meeting. Maritime leaders from Singapore and across Southeast Asia heard a detailed briefing on the latest regulatory developments, including the transformational potential of the European Union’s Fit for 55 program that includes an emissions trading system (EU ETS) and FuelEU.“We need different ways to approach decarbonization, not just through the lens of a CII rating. In the case of FuelEU, there are market-based measures based on well-to-wake emissions, not just what’s on a vessel. So, the […] - [ABB partners with Seaspan Shipyards on new Canadian Coast Guard polar icebreaker](https://nafsgreen.gr/abb-partners-with-seaspan-shipyards-on-new-canadian-coast-guard-polar-icebreaker/): Seaspan Shipyards, Canada’s long-term shipbuilding partner for the Canadian Coast Guard (CCG) and Royal Canadian Navy, has awarded ABB a contract to deliver an integrated propulsion system for the first of the CCG’s new-generation polar class icebreakers. The vessel is expected to be one of the world’s largest and most powerful diesel-electric icebreaker when it enters service in 2030, with ABB supplying vessel systems complying with IACS Polar Class 2 requirements for year-round operations in moderate multi-year ice conditions. The vessel will have 34MW of propulsive power provided by a single shaftline and twin Azipod® units. In addition to increasing efficiency […] - [Posidonia 2024 Exhibitors anticipate paradigm shift in Maritime Industry as AI gains traction](https://nafsgreen.gr/posidonia-2024-exhibitors-anticipate-paradigm-shift-in-maritime-industry-as-ai-gains-traction/): The maritime industry, often viewed as conservative and measured in its approach to technological integration, is on the cusp of a transformative era with Artificial Intelligence (AI) emerging as a prominent player. Insights from key exhibitors at the upcoming Posidonia Shipping Εxhibition reveal a new landscape, where industry leaders strategically align with the inexorable rise of AI and consider adopting it already. According to Theodore Vokos, Managing Director, Posidonia Exhibitions S.A., demand for space from advanced technology and innovation companies providing services to the shipping industry has risen significantly for this summer’s edition of Posidonia, which will be held at the […] - [BV research confirms central role of operational and energy efficiency in meeting shipping’s 2050 carbon budget](https://nafsgreen.gr/bv-research-confirms-central-role-of-operational-and-energy-efficiency-in-meeting-shippings-2050-carbon-budget/): Bureau Veritas (BV), a world leader in testing, inspection and certification, has unveiled the results of new modeling research which confirmed the potential hefty cumulative impact of operational and technical efficiency measures in keeping shipping within its “carbon budget” to 2050.
 Titled Decarbonization Trajectories, the report examines possible decarbonization pathways for the shipping industry through five distinct scenarios. Each scenario considers several parameters such as socio-economic forecasts for the evolution of demand for maritime transport, the possible speed for the uptake of green fuels and technical efficiency improvements in shipping. Using a bottom-up model that accounts for the particularities of each […] - [WISTA Hellas 29th Annual General Assembly and Election of Board of Directors and Auditing Committee](https://nafsgreen.gr/wista-hellas-29th-annual-general-assembly-and-election-of-board-of-directors-and-auditing-committee/): Following its 29th Annual General Assembly and elections for the new Board of Directors and Auditing Committee of WISTA Hellas, held on Wednesday 28th February 2024, WISTA Hellas is pleased to announce the new Board of Directors and Auditing Committee, for the term 2024-2026: President: Ms. Vivi Kolliopoulou Insurance Manager, Angelicoussis Group  Vice-President: Ms. Akrivi Brikou CFO, Efshipping Company S.A. General Secretary: Ms. Anna Giatra Shipbroker, Renaissance Shipbroking S.A. Treasurer: Ms. Samantha Lourandou Purchasing Manager – Member of the ESG Committee, Atlantic Bulk Carriers Management Ltd.Member: Ms. Maria Kyratsoudi Business Development Manager, American Bureau of Shipping (ABS)  Ms. Efi Tsolaki, Ms. Katerina Mahera and Ms. Mara […] - [Accelleron Greece honored to host the Swiss Ambassador in its premises](https://nafsgreen.gr/accelleron-greece-honored-to-host-the-swiss-ambassador-in-its-premises/): In a statement following the visit, Ambassador Mr. Stefan Estermann noted: “Greece and Switzerland are both key players in the global shipping industry. Accelleron, a Swiss company, showcases Switzerland’s significant maritime sector with its production of a powerful engine component. As the industry faces decarbonization challenges, success in addressing these issues is paramount for global trade development. The partnership between Swiss and Greek businesses, represented by Accelleron, highlights the importance of collaboration and innovation in navigating these challenges effectively.” John Smyrneos, Managing Director of Accelleron Greece & Cyprus mentioned: “It was a great honor to us to welcome the Swiss Ambassador […] - [New roles for LR leadership team in China](https://nafsgreen.gr/new-roles-for-lr-leadership-team-in-china/): Lloyd’s Register (LR) is pleased to announce that two key senior LR leaders in the Greater China team will be moving into new positions. Sau Weng Tang takes over responsibility for Greater China as President, to support the company’s continued commitment and growth within the country. Meanwhile, Dr Mao-Gen Xue, former President of Greater China, will move to a new role as Senior Advisor for Greater China.  Dr Mao-Gen Xue joined Lloyd’s Register in 1995 and has served as President of Greater China since 2013, with overall responsibility for the organisation across the region. Over the past ten years, under the […] - [ABB to supply shore connection solution to Portsmouth International Port](https://nafsgreen.gr/abb-to-supply-shore-connection-solution-to-portsmouth-international-port/): ABB has won an order with Portsmouth International Port to supply a shore connection solution for visiting ferries and cruise ships. Part of the UK port’s Sea Change project to design, build and operate a shore power system across its three busiest berths, the installation will serve two ferry berths – each with five connection points – and an additional berth shared by ferries and cruise ships. The order was signed in January 2024, with the system due for installation in the fourth quarter of 2024 and expected to be operational by the second quarter of 2025. ABB’s shore connection allows […] - [Anastasios Andreas Maraslis*: Cultivating a Legacy of Risk Prevention in Maritime Ventures](https://nafsgreen.gr/anastasios-andreas-maraslis-cultivating-a-legacy-of-risk-prevention-in-maritime-ventures/): In the ever-evolving and challenging seas of the maritime industry, Marasco Marine Ltd distinguishes itself as a dedicated advisor in marine insurance. The company excels in refining standard insurance offerings into specialized policies that resonate with the unique requirements of each client. With acommitment to clarity and precision, Marasco Marine Ltd adeptly simplifies the complexities of marine insurance, ensuring a straight- forward and effective service for its clientele.With a rich history that dates back to 1991, Marasco Marine Ltd has not just been a part of the maritime narrative but has been actively shaping it, fostering a Culture of Risk Prevention […] - [George Xiradakis*: The Maritime Shipping Industry in Flux - Adapting to a Changing Landscape](https://nafsgreen.gr/george-xiradakis-the-maritime-shipping-industry-in-flux-adapting-to-a-changing-landscape/): The shipping trends play a vital role in global trade as transporting goods worth trillions of dollars yearly, undertaking 90% of global transportation. According to OECD, the forecasted maritime trade volumes will be tripled by 2050, as the population growthand the continued urbanization will lead to an increase in demand for maritime shipping services. These projections urge the maritime shipping industry to continue its efforts for inno- vation and adoption to new technologies in order to meet both the increased demand and the transition to a zero-emissions regime according to the International Maritime Organization (IMO).The move toward green technology is a […] - [Thomas Sakellariou*: Filling in the gaps – the challenge for 2024](https://nafsgreen.gr/thomas-sakellariou-filling-in-the-gaps-the-challenge-for-2024/): Maritime is on track – the technology for low and zero-carbon ships exists. Now we need to address what this means for port infrastructure and future fuel supply chains. Many shipowners are making bold decisions about their emissions reduction pathways to bringtheir operations in line with IMO’s 2030 and 2050 greenhouse gas (GHG) emissions targets. Some are doing so at the behest of their charterers, others simply because they can see the opportunity that the energy transition presents. Our industry transports energy around the world, and countries will not be able to meet their decarbonisation ambitions without us, because clean energy […] - [Thomas A. Kazakos*: Harnessing Technology and Adaptability to Shape the Future of Shipping](https://nafsgreen.gr/thomas-a-kazakos-harnessing-technology-and-adaptability-to-shape-the-future-of-shipping/): The Shipping Industry is setting sail towards even greener horizons. In the following years, we expect more investments in eco-friendly technologies like alternative fuels, electric propulsion, and even wind-assisted propulsion. Governments and Industry stakeholders are collaborating toreduce further emissions from the Shipping sector. To maintain resilience, Shipping needs to set sail into the future with some innovative navigation. Embracing decarbonisation means exploring alternative fuels and green technologies.The way forward to accelerate the development of affordable low and zero-carbon fuels and technologies is to develop a “fund and reward” mechanism to incentivize shipowners who quickly transition to green technologies and fuels, while […] - [Maria Deligianni*: The Future of Cruise Travel - Sustainable Growth and Emerging Markets](https://nafsgreen.gr/maria-deligianni-the-future-of-cruise-travel-sustainable-growth-and-emerging-markets/): The Mediterranean Sea traditionally remains the second most popular cruise destination market globally after the Caribbean, Bahamas, and Bermuda. The Western and central Med includes well-established destinations with Barcelona and Civitavecchia being the two most visited ports in the region and ranking among the top ten globally. The Eastern Med is considered by the cruise lines as a destination market with a potential yet to be unlocked. Comprised of Cyprus, Egypt, Greece, Israel, Turkey, the Eastern Med basin is ideal for cruise exploration: a region with a vast range of countries, culturally diverse, bringing together three different continents.Several ports in the region […] - [ABB and Norwegian Cruise Line Holdings expand long-term partnership](https://nafsgreen.gr/abb-and-norwegian-cruise-line-holdings-expand-long-term-partnership/): ABB and Norwegian Cruise Line Holdings (NCLH) have signed a long-term partnership agreement to accelerate the decarbonization and digitalization of the Norwegian Cruise Line (NCL) fleet. Targeting increased safety and efficiency, the agreement covers 14 existing ships and a further four vessels due for delivery from 2025 to 2028.The first phase of the partnership includes a 10-year Azipod® propulsion service agreement for the fleet, providing efficient preventive maintenance to support safety and maximize vessel availability as well as fast turnaround for planned Azipod® propulsion maintenance. In addition, ABB will supply modernization of the propulsion control system for 11 vessels, and shore […] - [Cyprus Shipping Chamber: Marks “35 Years” Service Milestone with a number of activities for 2024“](https://nafsgreen.gr/cyprus-shipping-chamber-marks-35-years-service-milestone-with-a-number-of-activities-for-2024/): The Cyprus Shipping Chamber completes this year of 35 Years of successful operation and contribution to Cyprus Shipping, to the Economy and Society. In view of this important milestone, of 35 years since its establishment, 26 January 1989, the Cyprus Shipping Chamber organised a Press Conference on Monday, 29 January 2024, at the Chamber’s office in Limassol, during which, a short presentation was made on the various activities that the Chamber will organise during the year.As widely known, the Cyprus Shipping Chamber is the trade association of the Cyprus Shipping Industry and is one of the largest national shipping associations worldwide, […] - [Irene Notias:* Courage, assurance, responsibility, and execution](https://nafsgreen.gr/irene-notias-courage-assurance-responsibility-and-execution/): Despite its strength and significant role in world trade, I see shipping industry’s vulnerability lies in the areas of financing its new energy procurement and a weakness in hiring skilled quality human energy. From 22 years of selling bunker fuels and interacting directly with decision makers, the instruments that are linked to buying bunker fuel have always been too volatile and now with the uncertainties of the alternative fuels, there is an added strain on the resilience we have seen over the years. Nevertheless, Shipping can weather storms because of its people’s drive, stamina, know-how and from love for their work […] - [Nikos Vettas*: Shipping contriutes 8% to Greece’s national economy](https://nafsgreen.gr/nikos-vettas-shipping-contriutes-8-to-greeces-national-economy/): Greece’s leading role, particularly in the shipping industry, with the Greek-owned fleet accounting for 22% of the world fleet and almost 70% of the European fleet, is a driver of global economic growth. Almost 90% of world trade is carried by sea.Together with other sectors, such as cruise and short sea shipping, and a net- work of companies providing services and goods alongside shipping, such as port services, shipbuilding, ship repair, marine equipment, ship finance and other services, Piraeus, which covers an area of only 40 square kilometers, is an international maritime center.Recently, the Foundation for Economic and Industrial Research – […] - [Danae Bezantakou*: Sustainable Navigation - Resilient Strategies for the Modern Shipping Industry](https://nafsgreen.gr/danae-bezantakou-sustainable-navigation-resilient-strategies-for-the-modern-shipping-industry/): The shipping industry is navigating a transformative era marked by several challenges, including decarbonization imperatives, the rise of digital technologies, geopolitical tensions, labor shortages, and strict environmental regulations. In order to maintain resilience and foster meaningful change, it is crucial for shipping companies to adopt a comprehensive and strategic approach.Decarbonization Initiatives
One of the primary challenges facing the shipping industry is the imperative to reduce carbon emissions. To tackle this, companies must invest in sustainable practices, embracing alternative fuels (biofuels, hydrogen), incorporating energy-efficient vessel designs, and integrating renewable energy sources (solar, wind power). Staying at the forefront of green technologies and collaborating […] - [Dr. Michalis Pantazopoulos*: Collaboration for Success: How the Shipping Industry Can Overcome Its Challenges](https://nafsgreen.gr/dr-michalis-pantazopoulos-collaboration-for-success-how-the-shipping-industry-can-overcome-its-challenges/): The shipping industry faces numerous challenges, including decarbonization, digitalization, geopolitical tensions, labor shortages, and environmental regulations. To remain resilient and committed to change, the industry will need to adopt a number of strategies. We briefly present the issues and dealing strategies from the perspective of the Liberian Flag Administration.Decarbonization, Net-Zero GHG Emissions and Environmental RegulationsThe maritime industry is at a crossroad mainly caused by the environmental challenge, and the response to this huge challenge needs the maritime industry to transform to a net-zero Greenhouse Gas (GHG) emission industry by or around 2050, as also required by the revised IMO GHG Emissions […] - [Ioannis & Nikolaos Argoudelis:CMA D. ARGOUDELIS & CO S.A. - Pioneering Innovation and Excellence in Maritime Automation](https://nafsgreen.gr/ioannis-nikolaos-argoudeliscma-d-argoudelis-co-s-a-pioneering-innovation-and-excellence-in-maritime-automation/): You recently inaugurated the innovative maritime automation lab at BCA COLLEGE. Tell us a bit about this state-of-the-art facility and what it is going to change maritime education and industry practic- es for both students and shipping companies? The inauguration of the state-of-the-art Maritime Automation Lab at BCA College by CMA D. ARGOUDELIS & CO S.A. represents a significant advancement in maritime education and industry practices. It not only provides students with the tools and knowledge needed for success in the industry but also strengthens the connection between academia and shipping companies, fostering a collaborative and innovative approach to maritime education […] - [Charalampos Simantonis*:We have to think out of the box to achieve tangible results](https://nafsgreen.gr/charalampos-simantoniswe-have-to-think-out-of-the-box-to-achieve-tangible-results/): Shipping industry faces a myriad of challenges during the last years. From the urgent need to decarbonize to the rise of digitalization, geopolitical tensions, labor shortages, and stringent environmental regulations, shipping companies must navigate these turbulent waters while maintain-ing their resilience and commitment to change.
One of the most pressing challenges for the shipping industry is reducing its carbon footprint. To achieve this, companies are exploring alternative fuels and propulsion systems. Hydrogen fuel cells, for example, offer a promising solution, as they produce zero emissions. Biofuels derived from sustainable sources are also gaining traction. Additionally, the adoption of energy-efficient technologies, such as […] - [ABB to power hybrid-electric polar expedition cruise ship built in South America ](https://nafsgreen.gr/abb-to-power-hybrid-electric-polar-expedition-cruise-ship-built-in-south-america/): ABB has been selected by the Astilleros y Servicios Navales S.A. (ASENAV) shipyard based in Chile to provide a power and propulsion system for Antarctica21’s newbuild boutique expedition ship Magellan Discoverer. According to the press release, due for delivery in 2026, the vessel is the first hybrid-electric polar cruise ship featuring Azipod® propulsion to be built in the Americas. Accommodating up to 96 passengers and 67 crew members, the vessel will be operating in the Antarctic Peninsula, South Georgia and the Falkland Islands (Islas Malvinas). ASENAV and Antarctica21 are important players in an expedition segment which recognizes technical innovation as key […] - [Semiramis Paliou*: It is critical for Shipping to achieve the ambitious revised targets set by the IMO](https://nafsgreen.gr/semiramis-paliou-it-is-critical-for-shipping-to-achieve-the-ambitious-revised-targets-set-by-the-imo/): Αt the dawn of 2024, shipping is facing a complex landscape of challenges, from decarbonization and environmental concerns to geopolitical tensions and labor shortages, all of which require a multifaceted approach to maintain resilience and facilitate change. The industry’s commitment to change involves navigating the waters of all these contemporary challenges and requires attention and innovation to ensure a sustainable and adaptable future for shipping. Decarbonization stands as one of the foremost challenges facing the shipping industry. The impacts of global warming are increasingly being felt worldwide and are also leading to disruptions in major ship- ping routes, such as the […] - [Ashraf Bayoumi*: Chalkis Shipyards, is a living example for other Greek Shipyards to follow](https://nafsgreen.gr/ashraf-bayoumi-chalkis-shipyards-is-a-living-example-for-other-greek-shipyards-to-follow/): CHALKIS SHIPYARDS have completed almost 50 years of successful cooperation with its clients, the shipowners, covering their needs within minimum time and competitive cost. Its goal is to expand its capabilities in order to accommodate and service about 240 vessels annually, serve ships of larger capacity and build small specialized ships of new technology. Mr Ashraf Bayoumi CEO CHALKIS SHIPYARDS S.A. describes in the following interview how CHALKIS SHIPYARDS can be the example to follow for the other Greek Shipyards which will make them noticeable in the coming years.For a shipyard is vital to work in a safe, health and quality […] - [CMA D. ARGOUDELIS & CO S.A. Unveils Cutting-Edge Energy Solutions at Renewable EnergyTech exhibition 2024](https://nafsgreen.gr/cma-d-argoudelis-co-s-a-unveils-cutting-edge-energy-solutions-at-renewable-energytech-exhibition-2024/): CMA D. ARGOUDELIS & CO S.A. is participating in the highly anticipated Renewable EnergyTech Exhibition 2024 , scheduled to take place in Thessaloniki from the 7th to the 9th of March at Helexpo area, Egnatia 154, 54636 Thessaloniki. Located at Stand A04, Pavilion 13, CMA will showcase its latest products and solutions for the Energy Industry in collaboration with ATLAS ENERGY AUTONOMY, a leading expert in cutting-edge energy solutions dedicated to advancing technologies for progress, energy autonomy, and sustainability.“We are delighted to join forces with ATLAS, marking a significant milestone in our commitment to technological advancements in the marine sector. This […] - [LR and Green Marine forge strategic partnership to lead in solutions for methanol as a marine fuel](https://nafsgreen.gr/lr-and-green-marine-forge-strategic-partnership-to-lead-in-solutions-for-methanol-as-a-marine-fuel/): Lloyd’s Register (LR) and Green Marine, a Danish consulting service provider that specialises in methanol as marine fuel, have joined forces to offer value-adding solutions to maritime stakeholders that aim to build or retrofit and operate vessels with methanol-as-fuel technology, with a prime focus on training. Methanol, known for its lower carbon intensity and potential for renewable production, presents a promising pathway to propel the maritime industry towards a more sustainable future. As a new fuel in shipping, there is still limited operational experience of methanol as a marine fuel and its use presents challenges for seafarers and their upskilling, alongside […] - [Panos Kourkountis*: It is doubtful whether the goals of the green transition are achievable](https://nafsgreen.gr/panos-kourkountis-it-is-doubtful-whether-the-goals-of-the-green-transition-are-achievable/): The geopolitical turmoil of the recent years has brought the maritime industry to the attention of various countries and interests worldwide. Sanctions imposed on specific trades and cargoes have increased the uncertainty of the always unpredicted shipping market. Some countries, such as China, consider vital for the future of their nation to have their own fleets and are poised to become new powers in the maritime industry. The Greek shipping should respond to these challenges and defend its global position.Economic uncertainty looms over shipping but new environmental regulations bring some dark clouds and challenges as well. Ships carry 90% of the […] - [Dorothea Ioannou*: Innovation and collaboration-The pathway to sustainable progress](https://nafsgreen.gr/dorothea-ioannou-innovation-and-collaboration-the-pathway-to-sustainable-progress/): There is no doubt, the shipping industry must continue to play its part in the energy transition within the evolution taking place around the world. At the same time, technology is progressing on an unprecedented scale, faster than the development of the global fleet and workforce, and stakeholders must move at pace to keep up with geopolitical mine fields. We are facing daunting challenges.From the perspective of the American Club, whose purpose is to identify, evaluate and assess risk in the maritime world, change always brings about new risk to rise up to, so from that angle I could simply say […] - [George Tsavliris*: The Maritime Industry’s Responsibility to Harmony with Nature](https://nafsgreen.gr/george-tsavliris-the-maritime-industrys-responsibility-to-harmony-with-nature/): Shipping – responsible for transporting 90% of the world’s trade – the vital link needed to support livelihoods amidst communities and global supply networks – is increasingly exposed to pressures and risks of highly consequential disruptions in service. The race for decarbonization, digitalization, the climate change crisis, combating maritime cyber-attacks, geopolitical tensions, ambiguous sanctions and environmental regulations, labor shortages …the list of ‘disruptors’ in shipping which call for our resilience and adaptation, seem to be endless.The Covid 19 era saw many seafarers stranded on board their ships due to extended lockdowns -which were never ending.
Many ports around the world , while […] - [ABB to supply hybrid power system for Nexans’ new cable-laying vessel](https://nafsgreen.gr/abb-to-supply-hybrid-power-system-for-nexans-new-cable-laying-vessel/): ABB has secured an order with Norwegian shipyard Ulstein Verft to supply an advanced power and propulsion system for a forthcoming cable-laying vessel (CLV) of Nexans, a global player in energy transition headquartered in Paris, France. On delivery in 2026, the vessel will join Nexans Skagerrak and sister ship Nexans Aurora – also equipped with ABB technology – as the third and most advanced CLV in the Nexans fleet. An integrated system comprising main power generation and distribution, energy storage, and electric propulsion will allow the new CLV to execute its cable-laying, -recovery, and -repair tasks in a safe and efficient […] - [Costas Constantinou*: The New Normal for Shipping-Embracing Complexity and Uncertainty](https://nafsgreen.gr/costas-constantinou-the-new-normal-for-shipping-embracing-complexity-and-uncertainty/): The shipping industry, being an integrated part of society, is facing the same challenges as all industries. The world is changing rapidly, and at an ever-increasing pace, as a result of the fourth industrial revolution, the new world order that is developing after the end of the Cold War and the Climate Crisis which is putting a lot of existential pressure on governments to do some- thing. In contrast with other industries that may be wiped out from the changes and given that the sea is by far the most efficient mode of transporting raw materials and finished goods across the […] - [Vassilios Kroustallis*: Availability and scalability - not just technology - will determine the fuels of the future](https://nafsgreen.gr/vassilios-kroustallis-availability-and-scalability-not-just-technology-will-determine-the-fuels-of-the-future/): Constant, systemic change will continue to be the business-as-usual scenario in 2024, but for all the excitement around technology solutions to decarbonization challenges, it is the logistics of alternative fuel production and supply that will reshape the business of shipping beyond recognition. While we anticipate that fossil fuel demand will be stronger for longer, the long-term trend remains the same. The uptake of LNG, methanol and LPG continues apace. The shift in newbuilding from conventional vessels to those capable of alternative fuel operations is almost complete in some sectors – with containers, car carrier and bulkers leading the way.Investment in some […] - [Carl Schou*: Fostering Resilience and Embracing Change Maritime Industry’s Path Forward](https://nafsgreen.gr/carl-schou-fostering-resilience-and-embracing-change-maritime-industrys-path-forward/): In the ever-evolving maritime industry, maintaining resilience and
a steadfast commitment to change is not just a strategic option
but an imperative. To navigate the multifaceted challenges posed
by decarbonization, digitalization, geopolitical tensions, labor shortages, and stringent environmental regulations, the industry must adapt and thrive in a rapidly transforming landscape. To keep our resilience and commitment to change, we must incorporate a purpose into our long-term business strategy. A purpose is important to ensure that all stakeholders are motivated to achieve the common mission. A shared purpose creates a sense of belonging where stakeholders are inspired to make changes to take whatever action they believe […] - [Euploia Drydocks & Services Ltd has established an exclusive partnership with C.C.JENSEN to elevate vessel operations through the integration of CJC® Engine Lube Oil Filters](https://nafsgreen.gr/euploia-drydocks-services-ltd-has-established-an-exclusive-partnership-with-c-c-jensen-to-elevate-vessel-operations-through-the-integration-of-cjc-engine-lube-oil-filters/): Euploia Drydocks and services Ltd announces a new exclusive representation in the field of engine lube oil filtration systems with one of Europe’s most well-established companies, C.C.JENSEN A/S. Euploia Drydocks and Services Ltd, aims to broaden its service offering by representing exclusively C.C.JENSEN in Greece, with the ultimate goal of providing a comprehensive range of quality services and products to our clients. In the ever-evolving landscape of maritime technology, the pursuit of efficiency, cost-effectiveness, and environmental sustainability has become paramount. Euploia’s exclusive collaboration with the esteemed principal, C.C.JENSEN, introduces innovative solutions to revolutionize marine operations, promising to transform vessel operations while significantly reducing both operational expenses […] - [DNV study validates energy efficiency gains for LNG carriers enabled by ABB and MAN DFE+ propulsion solution](https://nafsgreen.gr/dnv-study-validates-energy-efficiency-gains-for-lng-carriers-enabled-by-abb-and-man-dfe-propulsion-solution/): DNV has quantified the gains that owners of liquefied natural gas (LNG) carriers could expect to achieve using the new Dual Fuel, Electric+ (DFE+) solution developed by ABB and MAN Energy Solutions. Comprising MAN’s four-stroke 49/60DF dual fuel engine and ABB’s Dynamic AC power distribution and control system, the solution has been developed to overcome efficiency challenges that are specific to the vessel type. DNV’s Maritime Advisory assessment concludes that the DFE+ concept is “a competitive and more energy efficient alternative to even the most efficient conventional dual-fuel LNG carrier propulsion designs.” Smaller machinery space requirements could deliver “a conservative estimate” […] - [Vassilis Korkidis*: Shipping’s Transformation- A Tale of Challenges, Innovations, and Human Resilience](https://nafsgreen.gr/vassilis-korkidis-shippings-transformation-a-tale-of-challenges-innovations-and-human-resilience/): Shipping has proven its flexibility, managing to adapt to geopolitical challenges such as piracy, sanctions and regulations. In terms of regulations, the environmental footprint of the international shipping industry needs special attention, as according to research by the United Nations Conference on Trade and Development (UNCTAD), more than 80% of international trade in terms of volume is transported by sea. Voluntary and mandatory measures taken, mainly by IMO, to reduce environmental footprint of the international shipping industry, have direct and significant impact on shipping market participants such as, inter alia, shipping companies, charterers, shipping finance banks and institutional investors, who are […] - [Elpi Petraki*: Decarbonization, digitalization, and diversity are the top priorities for the shipping industry](https://nafsgreen.gr/elpi-petraki-decarbonization-digitalization-and-diversity-are-the-top-priorities-for-the-shipping-industry/): Decarbonization and digitalization alongside diversity are the top priorities for shipping and committing to these issues creates new roles and opportunities that can themselves boost the sustainability of the maritime industries. We are in a transitional period where the first steps toward the way we will work in the future are being taken. And the ways forward are starting to take shape.Decarbonisation is essential for the planet’s future and alongside AI and digitalization it will affect the ways the industry works and the workers that do the jobs. It will be a difficult path, but shipping will transform in a positive […] - [Spyridon Zolotas*: RINA’s Vision for the Future - A Commitment to Innovation and Sustainability](https://nafsgreen.gr/spyridon-zolotas-rinas-vision-for-the-future-a-commitment-to-innovation-and-sustainability/): The shipping industry is facing huge challenges to decarbonize and meet the targets set by IMO 2030 and 2050, but it is already making visible and effective efforts to be on the right path. With still much uncertainty around which technology will be the forerunner to meet emission reduction targets for the future, shipowners have to plan their investments now; they will surely have to make choices outside the norm but, to this day, much of the new build order book remains with traditional fuels or LNG. However, we need to start reducing emissions immediately. The challenge faced needs to be […] - [ERMA FIRST Joins Charter For Eu Mission ‘Restore Our Ocean And Waters By 2030’](https://nafsgreen.gr/erma-first-joins-charter-for-eu-mission-restore-our-ocean-and-waters-by-2030/): ERMA FIRST, a leading sustainable maritime solutions provider, has become a signatory of the EU Mission Charter targeting the protection and restoration of regional waters by 2030. The Mission – one of five EU Missions within the Horizon Europe research and innovation programme – aims to “protect and restore the health of our ocean and waters through research and innovation, citizen engagement and blue investments”. As a signatory to the Mission Charter, ERMA FIRST will attend the Mission’s meetings and events while pledging actions that contribute to its objectives.Commitment to the Charter consolidates sustainability initiatives already overseen by ERMA FIRST at […] - [Marie Caroline Laurent*: Cruise Industry Rebounding with a Focus on Sustainability](https://nafsgreen.gr/marie-caroline-laurent-cruise-industry-rebounding-with-a-focus-on-sustainability/): After three years of reduced operations, the cruise industry has rebounded during the last year to return to, and even surpass, our pre-pandemic growth trajectory. This growth trend shows the extraordinary resilience of our industry, and our ability to adapt to new trends and requirements. It is a testament to how well our industry pays attention to the need to evolve and innovate. These positive passenger numbers show that we are becoming one of the most attractive forms of tourism. Today, more and more people want to cruise. Almost 90% of cruisers say that they intend to get onboard again and […] - [John N. Cotzias*: Economic Headwinds, Geopolitical Storms-The Global Shipping Industry Braces for a Bumpy Ride](https://nafsgreen.gr/john-n-cotzias-economic-headwinds-geopolitical-storms-the-global-shipping-industry-braces-for-a-bumpy-ride/): The year 2024, the Year of the Dragon for China, is set to bring significant changes to the global shipping industry. As we assess the broader economic landscape and its impact on shipping, our primary focus remains on China’s economic trajectory. While global GDP growth remained subdued during 2023, particularly in goods-producing sectors, the global economy has largely avoided recessionary conditions. However, China’s economy is still in the process of finding its footing. China’s GDP expanded by 5.2% year-over-year (YoY) in Q4 2023, a slight improvement from the 4.9% growth in Q3, but still below market expectations of 5.3% but more […] - [Theo Xenakoudis*:To meet the challenges of 2024 and beyond we must work together](https://nafsgreen.gr/theo-xenakoudisto-meet-the-challenges-of-2024-and-beyond-we-must-work-together/): Shipping has always been an adaptable and resilient industry. Since the first ships left the shores of ancient civilizations looking to trade, the maritime industry has constantly adjusted to meet the economic, technological, and social circumstances of the day. A critical link between communities, the shipping industry supports today’s modern global economy, resulting in a world more interconnected than ever before. Therefore, the challenges and opportunities the industry faces from digitalization, decarbonization, a changing labor market, and new environmental solutions, will require long-term and collaborative solutions. Companies and industry leaders that are prepared to strategically meet these challenges will forge ahead. […] - [LR supported by Greek shipping leaders launches Maritime Emissions Reduction Centre in Athens](https://nafsgreen.gr/lr-supported-by-greek-shipping-leaders-launches-maritime-emissions-reduction-centre-in-athens/): Capital Group, Navios Maritime Partners, Neda Maritime Agency, Star Bulk and Thenamaris get behind initiative for a global Maritime Emissions Reduction Centre. The Lloyd’s Register (LR) Maritime Decarbonisation Hub is collaborating with five leading shipowners as Founding Members in the establishment of a not-for-profit Athens-based global Maritime Emissions Reduction Centre (M-ERC) that will focus on optimising the efficiency of the existing fleet. LR and The Founding Members believe that this is a significant initiative, which underlines the importance of Athens as an international maritime centre. The M-ERC is being created with the goal of removing technical, investment and community barriers for the uptake of solutions […] - [Mr. Alexandros Josephides carries on as Cyprus “IMO Goodwill Maritime Ambassador”](https://nafsgreen.gr/mr-alexandros-josephides-carries-on-as-cyprus-imo-goodwill-maritime-ambassador/): The Cyprus Shipping Chamber welcomes the re-appointment of its Deputy Director General, Mr. Alexandros Josephides, as “International Maritime Organisation (IMO) Goodwill Maritime Ambassador” for Cyprus, for the period 2024-2025. The Shipping Chamber also extends its sincere appreciation to the Shipping Deputy Ministry who promoted and supported the re-appointment of Mr. Josephides at the IMO, reflecting the recognition of the continuous and valuable contribution of himself and the Chamber over the years in promoting the benefits of careers in shipping to youngsters in Cyprus. Mr. Josephides has been successfully representing Cyprus as the IMO Goodwill Maritime Ambassador for the last eight years, […] - [Cyprus Shipping Chamber celebrates 35 Years of Service, “Official Dinner”](https://nafsgreen.gr/cyprus-shipping-chamber-celebrates-35-years-of-service-official-dinner/): The Cyprus Shipping Chamber marked a historic milestone, celebrating 35 Years since its establishment, on 26 January 1989. On the occasion of the successful completion of 35 Years, the Shipping Chamber hosted an “Official Dinner”, on the exact date of its anniversary, Friday, 26 January 2024, at the Hilton Nicosia Hotel. The Dinner was attended by distinguished guests, including H.E. the President of the Republic of Cyprus, Mr. Nikos Christodoulides, the President of the House of Representatives, Mrs. Annita Demetriou, Ministers, Members of Parliament, Diplomats, other State Officials, representatives of Business Associations, as well as top management personnel of the Cyprus […] - [Marina Hadjimanolis*: Global challenges, such the ones that shipping faces, require global solutions](https://nafsgreen.gr/marina-hadjimanolis-global-challenges-such-the-ones-that-shipping-faces-require-global-solutions/): As another year comes to an end, international shipping continues to face complex and unpredictable challenges mainly due to its nature, being vulnerable to the volatile geopolitical climate and political and economic developments. Furthermore, the challenges of decarbonization and the green transition as well as the transformation of the way it operates through the digitalization of its processes, undoubtedly have put shipping under extreme pressure. The shortage of seafarers, in particular qualified senior officers, is another main concern of the shipping industry and unfortunately the predictions are rather pessimistic. Shipping is an international industry, operating in a rather complex and unique […] - [Emanuele Grimaldi*: Maritime is going to be a key enabler of the green energy transition for the entire world](https://nafsgreen.gr/emanuele-grimaldi-maritime-is-going-to-be-a-key-enabler-of-the-green-energy-transition-for-the-entire-world/): The entire world has become increasingly aware of the importance of the shipping industry, and the past few years in particular have put shipping on the map of governments around the world. Shipping continues to prove we are a resilient industry, one that is tackling challenges head on, shaping change rather than letting change shape us. It is this outlook that will help us deal with the challenges ahead and make the most of the opportunities they offer rather than seeing them as a barrier. We are looking at the bigger picture, taking a holistic approach and addressing all of our […] - [IMO Secretary-General sets fresh agenda for maritime](https://nafsgreen.gr/imo-secretary-general-sets-fresh-agenda-for-maritime/): IMO Secretary-General Arsenio Dominguez shared the Organization’s plans and focus areas for the next four years, with the aim of ensuring safer, more secure and environmentally friendly shipping.  Speaking at a press conference at IMO Headquarters in London, Mr. Dominguez outlined four strategic priorities: IMO’s work to regulate international shipping; its support to Member States – particularly Small Island Developing States and Least Developed Countries; enhancing public awareness and image; and relations with people and stakeholders.  He said: “As a global industry that is responsible for transporting over 80% of trade around the world, shipping is indispensable. One thing I am very […] - [Greek Shipping Takes Centre Stage at Posidonia 2024 Amidst Industry Transformation](https://nafsgreen.gr/greek-shipping-takes-centre-stage-at-posidonia-2024-amidst-industry-transformation/): Posidonia 2024 is already on track to be the biggest ever in the long history of the world’s most prestigious shipping exhibition, as the safety and resilience of the international maritime community take centre stage during a crucial year underpinned by a complex volatile backdrop of widespread ongoing geopolitical conflicts and the enforcement of environmental regulations. For an industry that is responsible for over 80% of the volume of global trade, the issues are hot, the stakes are high, but the mood is optimistic, as decision-makers ponder about the impact of prolonged international conflicts on the freedom of navigation, and their […] - [Republic of the Marshall Islands Registry Achieves 200 Million Quality Gross Tons](https://nafsgreen.gr/republic-of-the-marshall-islands-registry-achieves-200-million-quality-gross-tons/): The Republic of the Marshall Islands (RMI) Registry achieved a new milestone surpassing 200 million quality gross tons and nearly 5,600 vessels. This landmark achievement spotlights the RMI as one of the top registries in the world in both quality and size.
“Two hundred million gross tons is an incredibly important milestone for the RMI Registry, highlighting our long-term commitment to client service and quality shipping,” said International Registries, Inc. (IRI) President Bill Gallagher. “This accomplishment is the result of the expert technical support, quality administrative service, and collaborative approach we take to achieve success.”
The RMI Registry has doubled the tonnage of […] - [Contributing to a Sustainable Future for Green Shipping: Headway Hosted Low Carbon Solutions Themed Seminar in Singapore](https://nafsgreen.gr/contributing-to-a-sustainable-future-for-green-shipping-headway-hosted-low-carbon-solutions-themed-seminar-in-singapore/): Headway Technology Group, a prominent leader in green shipping technology, hosted a thought-provoking seminar on January 23rd at Parkroyal Collection Marina Bay, Singapore. The event, themed “Innovation for better low carbon solution”, drew over 100 delegates, including representatives from Singaporean ship owners, shipyards, designing institutes, and alternative fuel associations. The focus of the seminar was to engage in meaningful discussions on the challenges and opportunities within the realm of low-carbon shipping. In the keynote speech, Headway emphasized Singapore’s consistent leadership in green shipping technology and regulations, positioning the city-state as a hub where visionaries and pioneers converge to ignite ideas through […] - [ABB to acquire weather routing business to expand marine software portfolio](https://nafsgreen.gr/abb-to-acquire-weather-routing-business-to-expand-marine-software-portfolio/): ABB announced it has entered into an agreement to acquire the shipping business of DTN Europe BV and DTN Philippines Inc. (hereinafter DTN Shipping), expanding the company’s offering in maritime software. This will establish ABB as one of the market leaders in ship route optimization. The acquisition of the DTN Shipping portfolio covers vessel routing software, including analytics, reporting, and modelling applications. Financial details of the transaction were not disclosed. The transaction is subject to customary closing conditions as well as completion of applicable works councils’ consultation procedures. It is expected to close during Q2 2024. The acquisition comes at a […] - [Seafarers are ‘innocent victims’ in Red Sea attacks, states IMO Secretary-General at first official meeting](https://nafsgreen.gr/seafarers-are-innocent-victims-in-red-sea-attacks-states-imo-secretary-general-at-first-official-meeting/): IMO Secretary-General Arsenio Dominguez opened the 10th session of the Sub-Committee on Ship Design and Construction (SDC 10) by reiterating his strong condemnation of the recent attacks on international shipping in the Red Sea area. Addressing Member States at the Organisation’s headquarters in London at the first official meeting of this year’s IMO calendar, the Secretary-General stated:“It is with great concern that I must highlight the regrettable situation developing in the Red Sea on my first meeting as Secretary-General. I wish to take this opportunity to reiterate my strong condemnation of attacks against international shipping in the area and call for […] - [ABS Introduces Industry’s Most Comprehensive Standards to Support Safe and Efficient Adoption of New Technology](https://nafsgreen.gr/abs-introduces-industrys-most-comprehensive-standards-to-support-safe-and-efficient-adoption-of-new-technology/): ABS has introduced a comprehensive approach to support development of the next generation of designs and equipment employing the latest technology driven by decarbonization and digitalization. ABS Marine Vessel Rules now include an extensive set of newly developed functional requirements and a standardized risk-based methodology which provides a path for class approval. These rule enhancements are a result of a multi-year collaboration with industry, shipyards, owners, equipment manufacturers, designers and regulators.“ABS’ rules are built to adapt to a new and dynamic technological world,” said Christopher J. Wiernicki, Chairman and CEO of ABS. “By enhancing our rules with risk-based requirements and strengthening […] - [Renewal of Certification of C&A Stavros Kassidiaris SA as an Authorized Economic Operator](https://nafsgreen.gr/renewal-of-certification-of-ca-stavros-kassidiaris-sa-as-an-authorized-economic-operator/): Following a new evaluation based on the internationally applied “Evaluation of Security Measures Implementation” method, C&A Stavros Kassidiaris SA, recently renewed its certification as an Authorized Economic Operator (AEO). The inspection was carried out by the General Secretariat of Information Systems and Digital Governance. Obtaining the AEO status certifies the economic operator that it meets specific criteria: • Pertaining to taxation and customs regulations.• Reliability of its software and information systems.• Completeness and accuracy of internal procedures.• Ability to meet its financial obligations.• Security and protection measures applied both within the company and in relation to business partners. AEO certification is […] - [ABB to power new Spanish Navy submarine rescue vessel](https://nafsgreen.gr/abb-to-power-new-spanish-navy-submarine-rescue-vessel/): ABB has secured an order with Spanish state-owned shipbuilding company Navantia to supply the Spanish Navy’s forthcoming submarine rescue vessel, Poseidon, with high-performance, DC-based power and distribution. Following the delivery scheduled for 2026, the vessel will be the first of its kind equipped with this system., The ship will be responsible for executing and supporting submarine missions, including diving operations, intervention and rescue in accidents and shipwrecks and underwater surveillance, including protection of cultural heritage. Comprising ABB Onboard DC Grid™, transformers, alternators, battery system, and ABB’s PEMS™ power and energy management system, ABB’s scope of supply will allow Poseidon to meet […] - [CMA D. ARGOUDELIS & CO S.A. commits Over 5 Million Euros for funding the Marine Flywheel Battery Research of ATLAS HELLENIC TECHNOLOGIES](https://nafsgreen.gr/cma-d-argoudelis-co-s-a-commits-over-5-million-euros-for-funding-the-marine-flywheel-battery-research-of-atlas-hellenic-technologies/): CMA D. ARGOUDELIS & CO S.A., a trailblazer in marine automation, is proud to announce a significant leap forward in marine technology with the initiation of a cutting-edge research and development (R&D) project. This ambitious endeavor, based on a project of ATLAS HELLENIC TECHNOLOGIES, aims to revolutionize the marine industry through the development of an innovative marine flywheel battery system. CMA has pledged a substantial investment exceeding 5 million euros to fuel this groundbreaking project of ATLAS. This initiative marks a pivotal moment in CMA’s commitment to sustainable marine solutions. The marine flywheel battery technology promises to enhance the efficiency and […] - [Successful completion of power and automation electrical panels construction project, by C&A Stavros Kassidiaris S.A., for ELTRAK S.A.](https://nafsgreen.gr/successful-completion-of-power-and-automation-electrical-panels-construction-project-by-ca-stavros-kassidiaris-s-a-for-eltrak-s-a/): C&A Stavros Kassidiaris S.A., in collaboration with ELTRAK S.A., has successfully completed another project for the construction of power and automation electrical panels. The project took place on a Container-type ship in China, with the goal to upgrade the capabilities of the existing generators, thereby enabling the transport of larger cargo.The study, design, and execution of the project were carried out with utmost precision and efficiency. All necessary checks were conducted to ensure the safe connection of the electrical panels to the ship, fully addressing the additional requirements for transporting the increased cargo.The inspections covered both the technical aspects and safety […] - [ABS and the U.S. Coast Guard Research and Development Center to Collaborate on Cutting-Edge Maritime Technologies](https://nafsgreen.gr/abs-and-the-u-s-coast-guard-research-and-development-center-to-collaborate-on-cutting-edge-maritime-technologies/): American Bureau of Shipping (ABS) and the United States Coast Guard Research and Development Center (USCG-RDC) signed a memorandum of understanding (MOU) that opens the door to collaborative research and development on top-of-mind technologies impacting the maritime industry. ABS and the USCG-RDC each have robust portfolios of maritime innovation projects that will benefit from cooperative efforts in areas of mutual interest. Activity under the MOU can include developing joint research publications, new technology qualifications and information sharing in a variety of research areas including remote and autonomous systems for uncrewed surface and underwater vehicles; advanced data analytics involving artificial intelligence and […] - [The Women's International Shipping & Trading Association UK (WISTA UK) marked its 50th anniversary with a celebratory event highlighting five decades of progress and ongoing efforts to promote diversity and inclusion within the maritime industry](https://nafsgreen.gr/the-womens-international-shipping-trading-association-uk-wista-uk-marked-its-50th-anniversary-with-a-celebratory-event-highlighting-five-decades-of-progress-and-ongoing-efforts-to-promote-di/): The Women’s International Shipping & Trading Association UK (WISTA UK) marked its 50th anniversary with a celebratory event highlighting five decades of progress and ongoing efforts to promote diversity and inclusion within the maritime industry. The event, which included an insightful conference and a grand evening reception, brought together industry leaders, members, and supporters to honour achievements and set the stage for future advancements.The conference started with a welcome by Monica Kohli, President of WISTA UK, followed by a welcome address by His Excellency Arsenio Dominguez, Secretary General of the International Maritime Organization (IMO).The first session, “Nurturing Diverse Voices in Maritime […] - [Armonia - A.R.E.M. Exclusive Co-Operation](https://nafsgreen.gr/armonia-a-r-e-m-exclusive-co-operation/): Armonia Trading & Commercial Applications Ltd, is proud to announce a new exclusive representation in the field of separators and spare parts, with one of the most well-established companies in Italy, A.R.E.M. Srl. renowned for its expertise, cutting-edge technologies, and commitment to excellence. A.R.E.M. specializes in activities related to the overhaul and reconditioning of both centrifugal separators and complete bowls, including the supply of perfectly interchangeable spare parts for ALFA LAVAL, WESTFALIA centrifugal separators and their accessories with both standard and tailor-made solutions. They intend to guarantee maximum reliability in terms of product quality and flexibility. The experience gained over the […] - [Turbo General joins Green Award Family](https://nafsgreen.gr/turbo-general-joins-green-award-family/): Since its establishment in 1975, Turbo General has been working with the marine, industrial, locomotive, and automotive industries to improve fuel efficiency, reduce emissions, utilize waste energy, comply with environmental regulations, enhance engine longevity, support the use of alternative fuels, and provide operational flexibility. Speaking on what motivated them to become one of our incentive providers, Vasilios Michael Chrysopoulos, CEO Turbo General, said, “Our decision to partner with the Green Award Foundation to motivate frontrunner shipping companies through incentives is driven by our ambition to promote sustainable business practices.” “Turbocharging and repairs are highly encouraged practices in the shipping industry as they boost […] - [Sikania II Hybrid built in Greece under the supervision of RINA](https://nafsgreen.gr/sikania-ii-hybrid-built-in-greece-under-the-supervision-of-rina/): Bluferries, the company of the FS Italiane Group’s Polo Logistica operating in maritime transportation in the Strait of Messina, Italy, C.T.E. Perdikaris Engineering, Architectural & Technical Services Ltd., and RINA, a multinational inspection, certification, and engineering consultancy, announce the launch of a state-of-the-art hybrid Ro-Ro passenger ship, Sikania II Hybrid. This innovative vessel is set to revolutionize passenger travel between Villa San Giovanni (Reggio Calabria) and Messina, Italy. Designed by the Greek company C.T.E. Perdikaris and built in Greece by Celt under RINA surveillance, this vessel represents a significant leap forward in sustainable maritime technology. At the heart of this new vessel lies its […] - [RINA's Hellenic Advisory Committee meets again](https://nafsgreen.gr/rinas-hellenic-advisory-committee-meets-again/): Just before the start of one of the most prestigious shipping events in the world, Posidonia, RINA’s Hellenic Advisory Committee (HAC) convened once again to discuss the progression of decarbonization within the shipping industry and its challenges. This event signified a notable gathering of industry leaders and stakeholders, emphasizing RINA’s dedication to innovation and sustainability in the maritime sector. The meeting was followed by RINA’s Posidonia Reception.In his opening remarks, Committee Chairman George Youroukos, owner of Technomar Shipping Inc., underscored RINA’s significant achievements in 2023. Notably, RINA is currently classing over 79 million Gross Tonnage for approximately 9,700 vessels of various […] - [Steerprop Selected to Provide Comprehensive Propulsion Systems](https://nafsgreen.gr/steerprop-selected-to-provide-comprehensive-propulsion-systems/): Steerprop’s fit-for-purpose propulsion system will help to maintain environmental performance and provide the manoeuvrability needed for operations in and around deeper offshore power projects. Set to be delivered in 2026, the Fleeming Jenkin will be the world’s largest Cable-Laying Vessel (CLV) to date, according to a press release. By optimizing the propulsion system to be in line with the ship’s operating profile, maritime environmental regulations, and customer requirements, Steerprop has done its part to ensure that the new CLV will also be the world’s cleanest. The Fleeming Jenkin is being built by China Merchants Heavy Industry Haimen (CMHI) and will be […] - [Golf & Maritime for a Good Cause at the 10th Greek Maritime Golf Event](https://nafsgreen.gr/golf-maritime-for-a-good-cause-at-the-10th-greek-maritime-golf-event/): Golf and maritime have been “sailing” together for the past 10 years at the top golf tournament, Greek Maritime Golf Event, which will take place from September 5-8, 2024, at Costa Navarino in Messinia. This significant event, established as an institution in the golf world, supports society and its vulnerable members through its annual actions. Playing Golf for a Good CauseGreek Maritime Golf Event continues its social initiatives this year. The event will once again support the Parents’ Association of Children with Cancer “Floga” through its actions. Specifically, during the awards night for this year’s winning teams on Saturday, September 7, […] - [Collaboration on sustainable cruise tourism discussed with local authorities during CLIA visit in Santorini](https://nafsgreen.gr/collaboration-on-sustainable-cruise-tourism-discussed-with-local-authorities-during-clia-visit-in-santorini/): The Cruise Lines International Association (CLIA) reinforced the importance of dialogue as part of its commitment to responsible tourism, during a CLIA visit to Santorini, on Thursday, July 4th. Representing CLIA, Mrs. Maria Deligianni, Regional Director, Eastern Mediterranean, and Mr. Nikos Mertzanidis, Vice-President, Ports & Destinations, visited the popular Aegean Island and met with the Mayor of Santorini, Mr. Nikolaos Zorzos, the President of the Municipal Port Fund of Santorini, Mr. Georgios Nomikos, the President of the Municipal Council, Mrs. Georgia Nomikou, and the Special Advisor to the Mayor, Mr. Anastasios Konidaris.At the meeting, CLIA and the Mayor of Santorini agreed […] - [CMA D. ARGOUDELIS & CO S.A. becomes Gold Sponsor for the Poseidon Team of the University of Western Attica](https://nafsgreen.gr/cma-d-argoudelis-co-s-a-becomes-gold-sponsor-for-the-poseidon-team-of-the-university-of-western-attica/): CMA D. ARGOUDELIS & CO S.A. proudly announces its support as a “GOLD” sponsor for the Poseidon Team of the University of West Attica. This strategic partnership includes both financial and service-based support for the Poseidon team’s research and educational project titled: “Participation of an Experimental Car in International Competitions in Economy – Poseidon”. This initiative focuses on the complete design and construction of an innovative low-consumption electric car, which will compete in prestigious international competitions among university teams worldwide. As a “GOLD” sponsor, CMA will be prominently featured across the Poseidon team’s social media channels, website, clothing, banners, and poster […] - [Headway continues to win orders for methanol fuel supply systems](https://nafsgreen.gr/headway-continues-to-win-orders-for-methanol-fuel-supply-systems/): Headway Technology Group recently won the bid for the methanol fuel supply system of 4+6 ships of 89,000 DWT methanol dual-fuel bulk carriers of Fujian Guohang Ocean Shipping (Group) Co., Ltd. Headway will provide a one-stop solution for the project, covering core modules such as bunkering and transfer systems, methanol fuel treatment units, nitrogen systems, and control and security systems. In addition, Headway has also achieved a cooperation agreement with Fratelli Cosulich of Italy to provide a methanol fuel supply system for its 7,990 DWT methanol dual-fuel tanker, which is reported (according to the press release of Headway) as the world’s […] - [ABB–Arkitech collaboration delivers significant HVAC efficiency gains for MSC Magnifica](https://nafsgreen.gr/abb-arkitech-collaboration-delivers-significant-hvac-efficiency-gains-for-msc-magnifica/): A collaboration between ABB and Arkitech has brought significant efficiency gains for the heating, ventilation and air-conditioning (HVAC) system on board MSC Magnifica. Using artificial intelligence and machine learning to analyze data from over 1,500 sensors on the MSC Cruises ship, this technology enables up to 12 percent increase in chiller efficiency to achieve monthly energy savings of 100 MW by the 15-year old ship while maintaining optimal air-handling unit performance. The HVAC systems onboard cruise ships and ferries are often one of the largest energy consumer after propulsion, making energy efficiency a priority. The ABB solution based on ARK-M20 is […] - [Svitzer Invests In Three New Tugboats In Brazil To Support Growth](https://nafsgreen.gr/svitzer-invests-in-three-new-tugboats-in-brazil-to-support-growth/): Svitzer, a leading global towage provider, has announced the signing of a contract with Shipyard Rio Maguari for the construction of three new tugboats. This significant investment underlines Svitzer’s continuous commitment to expanding its presence in Brazil, catering to both new and existing customers. Brazil plays an essential role in the global economy, particularly in the trade of grains, oil and metals. The nation’s vast agricultural output makes it a critical supplier of grains, ensuring food security for countries reliant on imports. Additionally, Brazil’s significant oil production and refining capacity contribute to global energy security. Its abundant metal reserves are essential for […] - [Daphne Technology's SlipPure™ achieves Lloyd’s Register Approval in Principle](https://nafsgreen.gr/daphne-technologys-slippure-achieves-lloyds-register-approval-in-principle/): Daphne Technology’s innovative SlipPure™ system has been awarded Approval in Principle (AiP) from Lloyd’s Register (“LR”) for its Plasma-Catalytic technology, with LR witnessed results confirming its performance. This recognition marks a significant milestone in the fight against methane slip in the maritime and land-based oil and gas industries. The advanced SlipPure™ system, which previously received AiP for its plasma-only configuration, now runs its full Plasma-Catalytic process. This advanced technology improves efficiency by lowering plasma power consumption, enabling very high methane slip reductions at exhaust temperatures well below those required for catalyst-only solutions, in Daphne Technology’s view, making it both the most […] - [Cyprus Maritime Academy (CyMA) and Mintra Proudly Announce Strategic Partnership to Advance Maritime Education](https://nafsgreen.gr/cyprus-maritime-academy-cyma-and-mintra-proudly-announce-strategic-partnership-to-advance-maritime-education/): Cyprus Maritime Academy (CyMA) and Mintra are delighted to announce the formalisation of their strategic partnership through the signing of a Memorandum of Understanding (MoU) that will support the drive for innovation and excellence in maritime education. Mintra, a new collaborator with CyMA, is set to help shape the future of maritime education and sustainability. The partnership underscores their commitment to the advancement of maritime education and the nurturing of future leaders in the field. Through this collaboration, Mintra will offer a Full Scholarship, covering all years of study, for a Cadet enrolled in CyMA’s BSc in Nautical Science program.Kyriacos Patsalides, […] - [Potential of readily available LPG offers route to low-carbon propulsion for multiple vessel types](https://nafsgreen.gr/potential-of-readily-available-lpg-offers-route-to-low-carbon-propulsion-for-multiple-vessel-types/): Using LPG as a marine fuel could deliver a significant  carbon reduction, particularly alongside other emissions reduction and energy saving technologies; helping shipowners comply with more stringent regulations into the next decade. Fuel For Thought: LPG, a joint report from Lloyd’s Register (LR) and the World Liquid Gas Association (WLGA) has found that the market for dual-fuel LPG engines will continue to grow based on a healthy orderbook, with LPG offering a cleaner, lower carbon emission marine energy source than many alternatives currently available.According to the report, the use of LPG as a marine fuel combined with technology such as Onboard […] - [Lloyd’s Register grants AiP to HD KSOE for novel ammonia fuel supply system](https://nafsgreen.gr/lloyds-register-grants-aip-to-hd-ksoe-for-novel-ammonia-fuel-supply-system/): Lloyd’s Register (LR) has granted Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for their ammonia fuel supply system, which will be used on ammonia new constructions. The newly developed ammonia fuel supply system shows complete compatibility with high-efficiency cargo handling systems and ammonia engines.The approval certifies the fuel supply system against LR’s rigorous risk-based certification (RBC-1) process and marks the successful conclusion of a Joint Development Project (JDP) between LR and HD KSOE, which began in April 2024.The primary objective of the JDP was to develop and refine the design concept of an ammonia fuel […] - [Cyprus Shipping Chamber “From Montreal to Rotterdam, for Cyprus Shipping”](https://nafsgreen.gr/cyprus-shipping-chamber-from-montreal-to-rotterdam-for-cyprus-shipping/): Representing Cyprus Shipping in practice, the Cyprus Shipping Chamber (CSC) on 14 June 2024 participated for yet another year at the Annual General Meeting of the International Chamber of Shipping (ICS) that took place in Montreal, Canada. On behalf of the Cypriot delegation was CSC’ President Mr. Themis Papadopoulos and its Director General Mr. Thomas Kazakos. Notably, Mr. Papadopoulos continues, for a second term, to hold the honorable office of ICS’ Vice-President. ICS, internationally represents national Professional Associations of Shipowners from more than 40 countries. Similarly, the Chamber actively participated at the Annual General Meeting of the European Community Shipowners’ Association […] - [Chris-Marine and Veracity by
DNV Forge Strategic Partnership
to Enhance Maritime Sustainability](https://nafsgreen.gr/chris-marine-and-veracity-by-dnv-forge-strategic-partnership-to-enhance-maritime-sustainability/): The technology leader Chris-Marine AB is delighted to announce our strategic partnership with Veracity by DNV, marking a significant milestone in our commitment to decarbonizing and digitalizing the maritime industry. This collaboration integrates Trust-Ocean, Chris-Marine’s cutting-edge performance and emissions monitoring solution, with Veracity, the world leading maritime emissions cloud from DNV.Jens Groth, CEO of Chris-Marine AB, stated: “Integrating Trust-Ocean with DNV’s maritime emissions cloud, Veracity, reduces the risk of low-quality data and improves data transparency. This enhances sustainability for our customers, supports their decision-making process, and helps them achieve compliance and operational efficiency goals. This aligns with Chris-Marine’s overall goal to […] - [Day of the Seafarer 2024 – Safety First and Foremost](https://nafsgreen.gr/day-of-the-seafarer-2024-safety-first-and-foremost/): On the very important annual occasion, the Day of the Seafarer, INTERCARGO would like to express its heartfelt appreciation of seafarers, the truly unsung heroes of the sea, and their families worldwide. The world’s seafarers support the transport of 90% of the planet’s cargoes and are key to the uninterrupted smooth operation of the global economy.2024 sees the IMO inviting the industry to focus even more on safety, since never has safety been more important than now. With the ongoing conflicts around the globe affecting the maritime world more than ever, on this year’s Day of the Seafarer it is essential […] - [Agwa: Revolutionizing Maritime Welfare with Onboard Vegetable Growing Technology](https://nafsgreen.gr/agwa-revolutionizing-maritime-welfare-with-onboard-vegetable-growing-technology/): In the ever-evolving landscape of the maritime industry, where innovation is not just a choice but a necessity, the focus has shifted significantly toward the well-being of crew members aboard vessels. Beyond mere income, job satisfaction and retention now hinge on comprehensive welfare and lifestyle benefits. In this rapidly changing paradigm, one company stands out for its pioneering approach to enhancing life at sea: Agwa.Agwa’s breakthrough solution is revolutionizing the industry with its innovative onboard vegetable grower. The era of depending solely on sporadic deliveries or limited provisions is over. Agwa introduces an onboard vegetable grower that is not only fully […] - [A General Group of Companies - 
More than a trader, more than a repairer, more than a consultant](https://nafsgreen.gr/a-general-group-of-companies-more-than-a-trader-more-than-a-repairer-more-than-a-consultant/): TURBO GENERAL provides all types of turbochargers, repair and maintenance services from various manufacturers, including Accelleron (formerly ABB), MAN, PBS, MET, NAPIER, KBB and IHI. With an extensive inventory of new, genuine, reconditioned, alternative and OEM spares of advanced quality, stored in Piraeus, Singapore, Shanghai, Rotterdam, sourced from independent factories across Europe, Greece, South Korea, Japan, Turkey, India, the Czech Re- public and China, TURBO GENERAL can supply parts immediately reducing transportation charges. Operating form HQ within 2,000 sqm facilities next to Skaramanga shipyards in Athens Greece, all turbocharger spares are handled on-site.TURBO GENERAL also offers top-notch turbocharger training seminars via […] - [New ABS Notation Enables Vessel Operators to Carry an Additional Tier of Containers](https://nafsgreen.gr/new-abs-notation-enables-vessel-operators-to-carry-an-additional-tier-of-containers/): ABS has published a new notation that enables containership operators to load an additional tier of containers on deck with reduced risk of loss due to parametric rolling. CLP-V(PARR) combines the ABS Computer Lashing Program notation with mandatory Parametric Roll guidance to allow operators to optimize stowage and lashing of containers without loss of safety margin.“Optimizing container loading is key to efficient vessel operations but also has a foundational impact on safety, especially where container losses are concerned. This challenge has been addressed with the new notation,” said Christoph Rasewsky, ABS Global Container Sector Lead. “Applying CLP-V(PARR) means that operators can […] - [DeepSea Technologies wins DNV Type Approval for autonomous solution for speed control](https://nafsgreen.gr/deepsea-technologies-wins-dnv-type-approval-for-autonomous-solution-for-speed-control/): DeepSea Technologies has received Type Approval from leading classification society DNV for their latest product. DeepSea HyperPilot automatically and precisely controls the change of speeds across a voyage to achieve fuel savings and empower captains and crews. This is DNV’s first Type Approval of a system that provides automatic speed adjustment to a propulsion control system. An easily retrofittable control device, HyperPilot streamlines adherence to officers’ voyage-level route and speed plans by dynamically retrieving the speed command corresponding to the vessel’s current location and automatically feeding it to the propulsion control system. It eliminates the manual process of dynamically adjusting the […] - [INTERCARGO condemns deadly attacks on bulk carriers](https://nafsgreen.gr/intercargo-condemns-deadly-attacks-on-bulk-carriers/): Following news that a seafarer has died and another has been seriously injured in the latest Houthi attacks on merchant vessels in the Red Sea area, INTERCARGO, the International Association of Dry Cargo Shipowners, extends its heartfelt sympathy to the seafarers, their families and the ship operator companies who have experienced these attacks. INTERCARGO unequivocally condemns in the strongest terms the actions of any party deliberately targeting innocent civilian seafarers and ships peacefully sailing through international waters. We demand that all involved parties cease their deliberate and targeted attacks on innocent seafarers with immediate effect. In addition, we urge all States […] - [Dimitris Poulos*: Alfa Laval’s Commitment to a Sustainable Maritime Future - Challenges and Innovations in Decarbonization](https://nafsgreen.gr/dimitris-poulos-alfa-lavals-commitment-to-a-sustainable-maritime-future-challenges-and-innovations-in-decarbonization/): In this interview, Dimitris Poulos shares their strategic vision and cutting-edge initiatives in response to the maritime industry’s decarbonization efforts. Discover how they are leveraging advanced technologies, partner- ships, and innovative solutions to lead the way towards a more sustainable future.As the maritime industry runs towards decarbonization and transitions to new fuels, which is the Alfa Laval stand on this direction?Alfa Laval is looking on that direction with high focus and we want to be pioneer on that journey. We are giving very high focus in
the alternative fuel technology, as always we had an expertise in fuel treatment , and also […] - [Dr. Michalis Pantazopoulos*: Liberian Registry Serving Greek Shipping A Recognition of Longevity, Credibility, and Contribution](https://nafsgreen.gr/dr-michalis-pantazopoulos-liberian-registry-serving-greek-shipping-a-recognition-of-longevity-credibility-and-contribution/): The Liberian fleet evolution within Greek shipping is testament to the strong links which have existed between Greek shipping and the Liberian flag, dating back to the day in 1949 when the Stavros Niarchos-owned oil tanker World Peace became the first ship to be registered under the Liberian flag. From that time, until the present day, the Greek shipping community has supported the Liberian Registry, and vice-versa, through good times and challenging times. This relationship has grown stronger still during the economic downturns, the geopolitical unrests and tensions, and the pandemic challenges of recent years, during which shipowners and operators have […] - [Simone Trevale* - Vanessa Fantazia**: Building Trust: The Impact of Greek Agents on FGS’s Reputation in Greek Shipping](https://nafsgreen.gr/simone-trevale-vanessa-fantazia-building-trust-the-impact-of-greek-agents-on-fgss-reputation-in-greek-shipping/): This is a double interview with Simone Trevale, Sales Manager / Fluid Global Solutions s.r.l.& Vanessa Fantazia, Key Account Manager | Spare Parts Dept. Armonia Trading & Commercial Applications Limited. The interview covers various aspects of the maritime industry, including the importance of reliable equipment onboard vessels, fostering collaboration for organizational success, meeting customer preferences, custom- er-centric strategies, the significance of specialized technicians and tools, the impact of automation on work- place safety, and recognizing contributions from partners like Greek agents. Additionally, it highlights the role of in-house maintenance and service activities in enhancing market competitiveness. The unforgiving nature of the marine […] - [Seafar NV Receives Approval in Principle from Bureau Veritas for Remote Vessel Operations Technology](https://nafsgreen.gr/seafar-nv-receives-approval-in-principle-from-bureau-veritas-for-remote-vessel-operations-technology/): Seafar NV, an Antwerp-based industry leader in the development and operational integration of technologies for remote vessel operations, has recently been granted Approval in Principle (AiP) by Bureau Veritas (BV), a global leader in the Testing, Inspection, and Certification (TIC) industry, for a new communication system that is part of its remote control technology solution for ships.

 Seafar NV manages and operates unmanned and crew-reduced inland and coastal vessels via Remote Operations Centers (ROC). The new digital solution is a synchronous control communication system that supports the transfer of onboard functions to the shore. The technology also enables captains to transfer […] - [Insightful WISTA Hellas Seminar on "A People-Centered Decarbonization Concept Beyond Sea Level Boundaries" held at Posidonia 2024](https://nafsgreen.gr/insightful-wista-hellas-seminar-on-a-people-centered-decarbonization-concept-beyond-sea-level-boundaries-held-at-posidonia-2024/): On Thursday, June 5, within the framework of the METAVASEA project, WISTA Hellas hosted an insightful seminar titled “A People-Centered Decarbonization Concept Beyond Sea Level Boundaries” during #Posidonia2024. The event brought together brilliant leading maritime professionals, fostering discussions on innovative approaches to decarbonization within the maritime industry. Held in a full room at Posidonia Metropolitan Expo the seminar provided a platform for exploring sustainable solutions and advancing the industry’s commitment to reducing its environmental impact.During the seminar a distinguished panel convened, with three out of the four panellists representing esteemed members of WISTA Hellas, underscoring the immense potential and expertise within […] - [Nikolaos Michas*:The tanker dilemma – newbuild versus retrofit](https://nafsgreen.gr/nikolaos-michasthe-tanker-dilemma-newbuild-versus-retrofit/): Tankers of many different types will be required to transport the world’s energy. Large crude oil tankers will be needed for few more decades. Oil production is not expected to peak before the end of this decade and at least one more generation of crude oil tankers will be needed.There are currently 750 tankers on order, of which nearly 17.5% of the vessels and 36% of the ordered tonnage are for Greek owners. These numbers may look healthy, but compared to a decade ago numbers are far lower as owners hold back on newbuild investments.This reticence, whilst understandable, doesn’t match the […] - [INTERCARGO Bulk Carrier Casualty Report highlights positive improvement in safety of dry bulk shipping](https://nafsgreen.gr/intercargo-bulk-carrier-casualty-report-highlights-positive-improvement-in-safety-of-dry-bulk-shipping/): Annual casualty figures from INTERCARGO, the International Association of Dry Cargo Shipowners, highlight continuing improvement in the safety performance of the sector. The Association’s Bulk Carrier Casualty Report records the yearly loss of vessels* and lives across the dry bulk sector, with the intention of monitoring the impact of safety measures in the sector across the globe.

The bulk carrier fleet has grown significantly in recent years to cater for the world’s growing economy. Between 2014 and 2023 the number of vessels increased by 20% (to 12,200 according to the statistics used for the purposes of the report), with today’s bulk fleet representing […] - [Posidonia 2024 Bids Farewell to Record Number of Participants, Renews Rendezvous for 2026](https://nafsgreen.gr/posidonia-2024-bids-farewell-to-record-number-of-participants-renews-rendezvous-for-2026/): Posidonia 2024 has already gone down in history as the best-attended in the biennial event’s 55 years of existence, and organisers are already busy receiving enquiries and pre-registration applications for the next event, scheduled for 1-5 June 2026. Having broken all previous records in terms of exhibition space, number of exhibitors and visitors, Posidonia 2024 was also the place where the maritime world came together once again to finalise and confirm highly lucrative new business deals or announce previously signed contracts. One such occasion was the showstopper announcement of Navig8’s tanker fleet and pool business being taken over by ADNOC L&S […] - [Euploia Drydocks & Services Ltd Leading the Way in the Maritime Industry](https://nafsgreen.gr/euploia-drydocks-services-ltd-leading-the-way-in-the-maritime-industry/): In the vast expanse of the maritime industry, where tumultuous waves of geopolitical tensions, environmental concerns, rising costs, and evolving regulations constantly rock the boat, Euploia Drydocks & Services Ltd stands as a beacon of resilience and innovation. As the maritime sector faces unprecedented challenges and opportunities, our company remains at the forefront, adapting, innovating, and leading the way towards a sustainable and prosperous future. With a legacy of reliability, we’re a trusted partner, actively responding to emerging trends and focusing on sustainability and customer satisfaction.Euploia Drydocks & Services Ltd has been providing innovative and cutting-edge products and services of the […] - [The Legacy and Global Impact of the American Club in Maritime Insurance](https://nafsgreen.gr/the-legacy-and-global-impact-of-the-american-club-in-maritime-insurance/): American Steamship Owners Mutual Protection and Indemnity Association, Inc. (the American Club) was established in New York in 1917 and is the only mutual Protection and Indemnity club domiciled in the Americas. Interestingly, it was created as a matter of national security as a solution to then WWI UK sanctions barring American operators from insuring with UK clubs. The Club insured the US merchant fleet through two world wars before internationalizing. Today it provides P&I cover for ship operators throughout the world.The Club is a member of the International Group of P&I Clubs, a collective of twelve mutuals which together provide […] - [Anastasios Andreas Maraslis*: Marasco Marine Ltd Cultivating a Legacy of Risk Prevention in Maritime Ventures](https://nafsgreen.gr/anastasios-andreas-maraslis-marasco-marine-ltd-cultivating-a-legacy-of-risk-prevention-in-maritime-ventures/): In the ever-evolving and challenging seas of the maritime industry, Marasco Marine Ltd distinguishes itself as a dedicated advisor in marine insurance. The company excels in refining standard insurance offerings into specialized policies that resonate with the unique requirements of each client. With a commitment to clarity and precision, Marasco Marine Ltd adeptly simplifies the complexities of marine insurance, ensuring a straightforward and effective service for its clientele.
With a rich history that dates back to 1991, Marasco Marine Ltd has not just been a part of the maritime narrative but has been actively shaping it, fostering a Culture of Risk Prevention […] - [C&A Stavros Kassidiaris S.A Latest developments and collaborations](https://nafsgreen.gr/ca-stavros-kassidiaris-s-a-latest-developments-and-collaborations/): As we navigate through an era of rapid technological advancement, C&A Stavros Kassidiaris S.A. has remained at the forefront of innovation and upgraded its services in the field of electrical, electronic, and pneumatic automation systems for both the marine and industrial sectors. Among the diverse sectors C&A operates in, the marine industry stands out as a cornerstone of its business, with unique challenges and opportunities.
Over the course of 45 years, the company continuously evolves, al- ways managing to meet the demands of customers and the market, playing a leading role in the broader shipbuilding and repair sector in Greece and abroad. […] - [Spyros Zolotas*: RINA - POSIDONIA 2024 Navigating the Green Transition in Maritime Operations](https://nafsgreen.gr/spyros-zolotas-rina-posidonia-2024-navigating-the-green-transition-in-maritime-operations/): Spyridon Zolotas, South Europe and MEA Senior Director at RINA, addresses the challenges we face in adopting new technologies and meeting regulations: “As we navigate through the complexities of integrating new technologies such as large battery storage and hydrogen fuel systems, it is crucial to also enhance the infrastructure supporting these innovations. The goal is to not only meet but exceed global emissions regulations, thereby securing a sustainable future for the maritime industry.”Key ProjectsRecent projects include a collaboration with a global leader in the engineering and construction for the energy and infrastructure sec- tors on the use of ammonia: an initiative […] - [Panos Kirnidis*: Navigating 
the Future of Shipping](https://nafsgreen.gr/panos-kirnidis-navigating-the-future-of-shipping/): As the maritime industry charts its course through the unpredictable waters of global trade, Posidonia stands as a beacon of resilience and innovation. Once again, we proudly announce our attendance at this prestigious event, marking our continued commitment to shaping the future of shipping. At Posidonia 2024, we are excitedto unveil our further expansion and advancements that will redefine the landscape of maritime services.Expansion and Network StrengtheningAs part of our overarching growth and network enhancement strategy, PISR is embarking on a significant expansion. In a concerted effort to meet our client’s diverse needs, we are enhancing our local presence and responsiveness […] - [Anastasios Mastrangelopoulos*: Integrating Robust Cybersecurity Solutions into Maritime Ship Design: A DNV Perspective](https://nafsgreen.gr/anastasios-mastrangelopoulos-integrating-robust-cybersecurity-solutions-into-maritime-ship-design-a-dnv-perspective/): Cyber security constitutes a collective responsibility encompassing all ship design and operation stakeholders. In an era dominated by smart ships, cybercriminals persistently seek vulnerabilities in communication and tracking systems to penetrate networks. Consequently, safeguarding against malware, ransomware, and other cyber threats is paramount.
Recognizing the critical importance of cyber security, regulatory bodies such as the EU are explicitly incorporating shipping into their critical infrastructure frameworks. The forthcoming IACS Unified Requirements mandate robust cyber security measures during the vessel design verification pro- cess. This entails system suppliers integrating resilient cyber security features into their offerings, while shipyards and designers prioritize cyber security in […] - [ABB shaft generators deliver up to 20 percent ship efficiency gains](https://nafsgreen.gr/abb-shaft-generators-deliver-up-to-20-percent-ship-efficiency-gains/): Proven ship efficiency gains available from shaft generators including permanent magnet technology can now be secured for a payback of under four years, according to ABB. Shaft generator systems have been installed on small and medium-sized ships since the beginning of the direct current (DC) era, but the recent steps to make the inclusion of permanent magnet technology cost effective has made the option compelling for a far wider audience. Simply defined as rotational electrical machines that take power from the main propulsion engine to produce electricity, today’s shaft generators are more efficient, lighter and more compact than ever before, with […] - [George Andreadis*: Shipping’s decarbonization is both a ship performance and a supply chain challenge](https://nafsgreen.gr/george-andreadis-shippings-decarbonization-is-both-a-ship-performance-and-a-supply-chain-challenge/): Multiple levers are available to meet the International Maritime Organization’s goal and keep shipping within its “GHG budget” to 2050. Ship performance to reduce fuel consumption will save emissions and costs now and will anticipate the need to use new green fuels (when they become available) as efficiently as possible. See BV’s Decarbonization Trajectories report.Shipping’s carbon footprint is significant across global supply chains. As receivers, shippers and traders step up their sustain- ability reporting, including scope 3 emissions, pressure will only increase on shipping. Requirements of banks and capital markets will be an additional incentive. This is an opportunity for those […] - [Konstantinos Stampedakis*: ERMA FIRST leads the green transition of the shipping industry](https://nafsgreen.gr/konstantinos-stampedakis-erma-first-leads-the-green-transition-of-the-shipping-industry/): As a technology developer, ERMA FIRST is fully committed to helping shipowners meet the targets for decarbonisation they face for 2030, 2040 and 2050 the zero-carbon future. Our view is that the targets set for carbon reduction by the International Maritime Organization for 2030 (30%) and 2040 (70%) are eminently achievable if all stakeholders act sooner rather than later. We also passionately believe that – in advance of alternative fuels
– uptake of new technologies will be the key route through which shipping advances along its decarbonisation ‘road map’.
Building on its vast experience as a ballast water treatment system manufacturer, ERMA FIRST […] - [Results of the Cyprus Deputy Minister of Shipping's Participation in the Posidonia 2024](https://nafsgreen.gr/results-of-the-cyprus-deputy-minister-of-shippings-participation-in-the-posidonia-2024/): The Deputy Minister of Shipping to the President, Mrs. Marina Hadzimanolis, attended Athens between June 1 and 7, on the occasion of Cyprus’ participation in the Posidonia International Maritime Exhibition 2024. Mrs. Hadzimanolis, in the context of the exhibition, participated in actions and initiatives aimed at the promotion and promotion of Cypriot Shipping, while she visited, accompanied by the Ambassador of Cyprus in Athens, Mr. Stavros Augustidis, the stands of Cypriot companies supporting business initiatives to establish in the global shipping industry.At the same time, during her visit to Athens, the Deputy Minister, accompanied by officials from the Deputy Ministry of […] - [Ezekiel Davis*: A digitalised,
low carbon shipping industry needs responsive risk-based class rules](https://nafsgreen.gr/ezekiel-davis-a-digitalised-low-carbon-shipping-industry-needs-responsive-risk-based-class-rules/): An increasingly complex, digitalised maritime industry is challenging designers, shipyards and vendors to deliver the kind of vessels that can safely navigate the transition to a low carbon, high efficiency operating environment. With new technologies enabling innovative approaches to design and performance across all types of vessels, the industry wants to know that class rules are keeping pace with developments.The emergence of a goal-based approach from the International Maritime Organization (IMO) signaled a sea-change in the way regulators could develop criteria that could be applied to any technical solution, rather than the traditional prescriptive approach.The rate of technology development is challenging […] - [ABB introduces Optimal Speed Routing to help vessels enhance fuel efficiency and reduce emissions](https://nafsgreen.gr/abb-introduces-optimal-speed-routing-to-help-vessels-enhance-fuel-efficiency-and-reduce-emissions/): ABB has introduced a new feature to its Routing Services portfolio that will allow vessel owners to manage fuel costs on a through-voyage basis by optimizing vessel optimal route and speed at the same time. As the first solution in the market equipped to optimize track and operating speeds simultaneously against anticipated weather, the feature is included in the ABB Ability™ Routeguard onshore routing service – in a first upgrade since ABB acquired the shipping business of DTN Europe BV and DTN Philippines Inc. earlier this year. Optimal Speed Routing offers first-of-its-kind capability to advise operators of any changes they should […] - [Tototheo Global and Neuron partner to bring AI-optimised multi-provider satellite connectivity to the maritime industry](https://nafsgreen.gr/tototheo-global-and-neuron-partner-to-bring-ai-optimised-multi-provider-satellite-connectivity-to-the-maritime-industry/): Tototheo Global and Neuron have announced an agreement to deploy Neuron’s AI-powered quality of experience (QoE) management platform to vessels contracted to Tototheo. Through this partnership, Tototheo Global and Neuron will address a growing need for ships as they increasingly engage with multiple satellite providers and networks – the need for increased transparency and technologies to help vessels switch seamlessly between different service deliveries.

The agreement follows proof of concept tests verifying that Neuron’s QoE analytics solution, Neuron 360, enhances connectivity robustness with deep insights that can be used to improve onboard connectivity operations and performance.  With this partnership Tototheo Global and […] - [DNV Expert seminar at Posidonia 2024](https://nafsgreen.gr/dnv-expert-seminar-at-posidonia-2024/): During ‘Energy Efficiency in focus’ Expert Seminar at Posidonia, DNV Maritime CEO Knut Ørbeck-Nilssen delivered introductory remarks, outlining the prospects for the decarbonization of the maritime industry – emphasising the importance of considering energy efficiency measures. During the speech, Ørbeck-Nilssen discussed some of the major challenges facing shipping as it strives to reach increasingly ambitious regulations and goals. Here are some key highlights from his speech:“Decarbonization in the maritime industry is likely to slow down. Vessels are busy trading and there is little incentive to bring them into yards for retrofitting to alternative fuels. On top of that, there is limited […] - [LR awards Approval in Principle to Seaspan Corporation for Next Generation Feeder Ship Design](https://nafsgreen.gr/lr-awards-approval-in-principle-to-seaspan-corporation-for-next-generation-feeder-ship-design/): Technolog’s feeder ship design will initially use LNG but can transition to ammonia propulsion during its operational lifecycle. Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Seaspan Corporation for its innovative Next Generation Feeder Ship Design. The vessel, measuring 198 m in length and developed by Technolog, is future-proofed in its design and can be efficiently converted from LNG to Ammonia Fuel during its lifetime, trading efficiently in today’s market and being ready for tomorrow’s.Completion of the AiP process for the feeder ship design underscores Seaspan’s commitment to delivering cutting-edge solutions in support of its customers decarbonisation journeys. By […] - [Posidonia 2024 Sees Flury Of New Business Deals](https://nafsgreen.gr/posidonia-2024-sees-flury-of-new-business-deals/): The 28th edition of the biennial Posidonia Exhibition came to an end proving once again that it is the most sought-after event to conduct business and set the policy agenda for an industry that controls over 80% of the world trade and is projected to be worth $4.2 trillion by 2031, growing at a CAGR of 7% till 2031. The eagerly anticipated Press Conference of the Union of Greek Shipowners (UGS), held every two years at Posidonia, was the icing on the cake of an incredibly busy programme of 68 shipping star-studded conferences and seminars during the exhibition’s five-day span. The […] - [Qatar Shipyard Receives Remote Survey Approval from ABS](https://nafsgreen.gr/qatar-shipyard-receives-remote-survey-approval-from-abs/): As part of a pioneering joint development project (JDP), ABS approved a range of ship repair and retrofit work processes for remote survey at Qatar Shipyard and Technology Solutions. ABS tested, validated and approved remote survey techniques at Qatar Shipyard and Technology Solutions for a number of survey tasks which included rudder clearance inspection; stern tube weardown inspection; and rudder plug opening inspection.It is the culmination of the JDP, which explored how techniques developed by ABS for its industry leading program of remote survey of vessels in service can optimize scheduling and minimize downtime for the shipyard, vessels and ABS surveyors. […] - [Moore Greece Honoring 60 Years of Commitment to Greek Shipping Excellence](https://nafsgreen.gr/moore-greece-honoring-60-years-of-commitment-to-greek-shipping-excellence/): “POSIDONIA 2024 coincides with our 60th year anniversary! We could not be more proud to have been associated with the Greek shipping community for such a long time and to have witnessed first-hand the Greek shipping miracle! It all started in 1963, when our Founder, Mr Damianos Constantinou, came from London to Piraeus and opened the first International Accountancy Practice of the country. ‘I was privileged to have been given the opportunity to contribute to the Greek shipping miracle, as well as to have been involved in laying the foundations of Posidonia Exhibitions’ said Mr Damianos Constantinou, Founder of Moore Greece. […] - [Iasonas Lalizas*: LALIZAS promotes awareness on safety issues at sea & offers solutions](https://nafsgreen.gr/iasonas-lalizas-lalizas-promotes-awareness-on-safety-issues-at-sea-offers-solutions/): “Identifying trends and monitoring maritime safety related incidents should be an integral part of our industry experts in order to ensure safety at sea,” stated Mr. Iasonas Lalizas, Marketing & Communications Director of LALIZAS, lifesaving equipment manufacturer. Indeed recently, there has been a noticeable increase in the occurrence of fires on ships transporting electric vehicles equipped with lithium batteries (EVs). The occurrence of lithium batteries catching fire unexpectedly during transport has highlighted the urgent necessity to prevent and minimise such incidents. Therefore, authorities are increasing awareness about onboard fires and implementing new revised standards and regulations to actively prevent them.The revised EN […] - [Vassilis Korkidis*: The geopolitical value of Piraeus is priceless](https://nafsgreen.gr/vassilis-korkidis-the-geopolitical-value-of-piraeus-is-priceless/): They say that a port on its own cannot “win the world”. However, Piraeus seems to have done it, “silently” with the stubbornness of its productive ranks. It has earned an important place in the interest of investors who have evaluated its geopolitical potential, but also appreciated the hidden surplus values it has. If we attempt a brief review, we will find that major shipping centres in the world ranking have given way to Piraeus, which, however, falls behind in “Mari- time Finance & Law”. I keep on saying that we need to look at the qualitative – and not only […] - [TMS Group and Lloyd's Register team up for Energy Transition Strategy Project](https://nafsgreen.gr/tms-group-and-lloyds-register-team-up-for-energy-transition-strategy-project/): TMS Tankers Ltd. and TMS Cardiff Gas Ltd. have entered into a strategic partnership with Lloyd’s Register (LR) to embark on an ambitious Energy Transition Strategy Project (ETSP). The collaboration will explore and define compliance pathways that will facilitate the TMS Group’s fleet transition towards sustainable and environmentally compliant operations. The project will focus on three critical strategies to address the energy transition of TMS Group’s fleet. The collaboration will feature a comprehensive analysis, examining TMS’ existing business and sustainability strategies by evaluating ongoing initiatives, performance efficiencies, and alternative fuels, to understand the baseline emissions and operational constraints. The partnership will then […] - [WinGD, Alfa Laval, ABS and K Shipbuilding join forces for ammonia-fuelled tanker design](https://nafsgreen.gr/wingd-alfa-laval-abs-and-k-shipbuilding-join-forces-for-ammonia-fuelled-tanker-design/): Swiss marine power company WinGD, Swedish marine technology leader Alfa Laval and the American Bureau of Shipping (ABS) will work with Korean shipbuilder K Shipbuilding (KSB) on the development of an ammonia-fuelled MR tanker design, under a memorandum of understanding signed in April. The design will feature a 6X52DF-A engine from WinGD. WinGD will work with KSB to deliver fuel gas system specifications suitable for the vessel application and the selected engine, while Alfa Laval will deliver the detailed documentation for the final fuel gas system design. The design will be reviewed by ABS, with the aim of issuing an approval […] - [ABS Supports Innovative LH2 Containment System Project](https://nafsgreen.gr/abs-supports-innovative-lh2-containment-system-project/): ABS is supporting the innovative LH2CRAFT project, an ambitious research initiative funded by the European Union with the goal of revolutionizing liquid hydrogen (LH2) storage on a massive scale catering to commercial vessels and emerging applications, all while enhancing safety, modularity, scalability and environmental sustainability. Administered by Hydrus Engineering S.A. and Technische Universitat Dresden, the research consortium is comprised of 14 members from nine different countries. ABS will review the LH2 containment, handling and distribution systems as part of the process which works toward approval in principle. “Adopting hydrogen as cargo must overcome several technical challenges in addition to the traditional challenges […] - [Greener Shipping Summit 2024 At Posidonia](https://nafsgreen.gr/greener-shipping-summit-2024-at-posidonia/): Alternative fuels and seafarer upskilling took centre stage at the ‘Greener Shipping Summit 2024’ held at Posidonia 2024 this week. Under the theme ‘New Technologies and Education’, the thought-provoking summit was organised by Newsfront/Naftiliaki and supported by MARTECMA (Marine Technical Managers Association). Panel discussions shared insights on topics spanning technology, new shipping professions, energy transition, digitalisation, training and education onboard, marine education, and many more. Dimitris Fafalios, Chairman of INTERCARGO, keynoted the event. He said: “We cannot achieve the IMO goals without safety. Shipping is an extremely broad term covering many sectors: Dry Bulk, Tankers, Gas Carriers, Ro-Ros, Car Carriers, Ferries, […] - [Franman & IMI Sign Exclusive Agreement](https://nafsgreen.gr/franman-imi-sign-exclusive-agreement/): Athens-based Franman, a leading representative and supplier of premium equipment, parts, products and high-quality services to the shipping industry, has been appointed as the exclusive agent for Greece and Cyprus, by Saudi Arabia’s International Maritime Industries (IMI), the largest full-service shipyard in the MENA region. The agreement makes Franman the sole agent responsible for promoting IMI’s Maintenance, Repair & Overhaul (MRO) business to potential Greece- and Cyprus-based clients. IMI selected Franman for its expertise and long history serving these countries’ maritime sectors. IMI’s fully integrated shipyard spans more than 11 million square meters and caters to a wide range of commercial vessels, including VLCCs, bulk carriers, tankers, offshore […] - [Philip Uhrskov Nielsen*: Oriani addresses the future of Shipping](https://nafsgreen.gr/philip-uhrskov-nielsen-oriani-addresses-the-future-of-shipping/): EU ETS Compliance and Vessel Performance Optimization In an era where digital transformation reshapes sector after sector, the maritime industry stands on the cusp of its own digital revolution. As businesses across all domains remain alert and watchful about the potential disruptors that could overturn established norms and power balances, the threat—or opportunity—of a tech-led radical change in maritime operations is great.
Digital disruption changes the fundamental expectations and behaviours in a culture, market, industry, or process and is caused by,
or expressed through, digital capabilities, channels, or assets. In the maritime sector, this disruption can be seen in several key areas: automation, […] - [Ioannis Bravos*: KPMG is ready for the new Shipping Industry era](https://nafsgreen.gr/ioannis-bravos-kpmg-is-ready-for-the-new-shipping-industry-era/): Shipping, ports and logistics entities have been operating in an increasingly challenging economic environment, characterized by volatility, increasing regulation, environmental concerns, piracy and geopolitical risks, among others. All these factors have contributed to a challenging business environment that puts even seasoned executives to the test.A competent business advisor is the one that identifies, has knowledge on and focuses on the intricacies and complications that the shipping and shipping related industries face.Our dedicated people have the knowledge, understanding and experience of maritime issues to provide a wide range of services to help our clients reach their objective. KPMG enjoys a reputable and rapidly […] - [ABS to Create a Hellenic Ship Safety Center, Where the Future of Safety Meets the Future of Learning](https://nafsgreen.gr/abs-to-create-a-hellenic-ship-safety-center-where-the-future-of-safety-meets-the-future-of-learning/): ABS unveiled plans to create a pioneering new ship safety center in Athens harnessing the power of new immersive training techniques, game-based learning and virtual reality environments for the Greek shipping community. The Hellenic Ship Safety Center is designed to prepare seafarers to handle a multi-dimensional industry with alternative fuels and emerging technologies, recognizing that decarbonization advances that do not prioritize safety are not sustainable.““There is a lot of focus on technology readiness timelines but what we need to focus on is people readiness timelines,” said Christopher J. Wiernicki, ABS Chairman and CEO. “Just think about the degree of change faced […] - [LR and Guangzhou Shipyard International ink JDP for world’s largest ammonia carrier](https://nafsgreen.gr/lr-and-guangzhou-shipyard-international-ink-jdp-for-worlds-largest-ammonia-carrier/): Joint project for GSI’s 100,000 cbm VLAC marked with a ceremony at the Posidonia 2024 exhibition. Lloyd’s Register (LR) and Guangzhou Shipyard International (GSI) have signed a joint development project (JDP) for the design of the world’s largest VLAC (Very Large Ammonia Carrier) with a carrying capacity of 100,000 cbm.The vessel will feature an independent IMO type B tank for the safe storage of ammonia which is expected to optimise the vessel’s operational efficiency.The design was assessed according to LR’s Structural Design Assessment & prescriptive analysis and, as part of the JDP, LR provided GSI with its support as a trusted […] - [Greek Office Inaugurated! Headway continues Global Expansion of Low-Carbon Solutions](https://nafsgreen.gr/greek-office-inaugurated-headway-continues-global-expansion-of-low-carbon-solutions/): On June 4th local time, the Posidonia 2024 International Maritime Exhibition was held at the Athens Metropolitan Expo Center. Headway Technology (Booth No. 2.410) showcased its low-carbon product ecosystem, centered on methanol/ammonia fuel supply systems and carbon capture system. On the first day of the exhibition, the Headway Greek Office was officially established in the presence of numerous partners, marking another significant milestone in Headway’s global low-carbon solution expansion.Greece, as the world’s leading maritime cluster, holds a pivotal position in the global shipping industry. Headway first entered the Greek market in 2006. Over the past 18 years, with its innovative technology, […] - [ERMA FIRST, CAPITAL GAS and BABCOCK signed a Letter of Intent (LoI) to install a pioneering Carbon Capture and Storage (CCS) system](https://nafsgreen.gr/erma-first-capital-gas-and-babcock-signed-a-letter-of-intent-loi-to-install-a-pioneering-carbon-capture-and-storage-ccs-system/): CAPITAL GAS, ERMA FIRST and BABCOCK signed a Letter of Intent (LoI) to install a pioneering Carbon Capture and Storage (CCS) system, CARBON FIT, on board four new liquefied carbon dioxide (LCO2) carriers. Due for delivery by South Korean shipbuilder Hyundai Mipo Dockyard in 2026, the 22,000 cbm LCO2 carriers will join the Capital Gas managed fleet as the largest of their kind ever built. The ERMA FIRST CARBON FIT system holds Approval in Principle (AiP) from both Lloyd’s Register and DNV. It uses amine absorption technology based on a proprietary amine solvent to absorb CO2 from flue gases. The resultant mix […] - [Ship Registries at Posidonia 2024](https://nafsgreen.gr/ship-registries-at-posidonia-2024/): Sixteen ship registries from across the globe are participating in Posidonia 2024 to showcase their innovations and competitive strategies. These registries aim to navigate the complex and evolving landscape of the international shipping industry, addressing challenges related to sanctions, financial pressures, safety, and new environmental regulations.”“Sanctions compliance, fleet monitoring, and enforcement of all the IMO instruments are the main challenges we are currently facing,” said Gianluca Tucci, General Director of the San Marino Registry, a brand-new player which chose Posidonia 2024 as the launching pad for its merchant vessel offering.Over the past few years, increased sanctions have placed a growing burden […] - [RINA Hellenic Technical Committee: Going forward with Decarbonization](https://nafsgreen.gr/rina-hellenic-technical-committee-going-forward-with-decarbonization/): The recent meeting of the RINA Hellenic Technical Committee (HTC) brought together stakeholders from all parts of the shipping industry to discuss the impact of new regulations (EU ETS), the way forward for decarbonisation, and the latest developments in SERTICA to enhance operational efficiency and safety. With IMO 2030 and 2050, the shipping sector has some important decarbonization goals to meet. Operators face a hurdle not only in determining whether technology will work for future new buildings, but also in figuring out what they can accomplish with their current fleets. This was a core theme at the recent HTC meeting, held […] - [Safe Bulkers’ Vision for Eco-Friendly Seaborne Transportation](https://nafsgreen.gr/safe-bulkers-vision-for-eco-friendly-seaborne-transportation/): Safe Bulkers champions sustainable shipping through modern fleets and eco-friendly practices, ensuring compliance with stringent environmental regulations while fostering growth and resilience. Safe Bulkers is an international provider of seaborne transportation services of dry bulk commodities. With a modern fleet of 45 bulk carriers with an aggregate carrying capacity of 4.8 million dwt (5.3 mil dwt including the newbuilds) and an average age of 9.85 years, the Company’s vessels transport a wide range of dry bulk cargoes across the globe, including major bulks as grains, coal and iron ore and other minor bulks as bauxite, alumina and fertilizer. Incorporated in the […] - [Marine Plus S.A: Pioneering Maritime Solutions for Over Three Decades](https://nafsgreen.gr/marine-plus-s-a-pioneering-maritime-solutions-for-over-three-decades/): Marine Plus S.A. was established by Mr. Dimitris Vranopoulos in London in 1988 and its subsidiary office was set up in Athens in 1990. A+P Appledore (UK) was the first yard the company represented, followed by Unithai (Thailand). During an overseas trip to Shanghai in 1991, Mr. Vranopoulos participated in the Marintec exhibition. With the assistance of a translator sourced through the Greek embassy, standing in a small booth, and handing out business cards in English and Chinese to all exhibitors, the first contacts with Chinese yards were established. The first repair in China was booked in 1992. Cooperation with Turkish […] - [Franman Presents New Strategic Partnership Agreements At Posidonia 2024](https://nafsgreen.gr/franman-presents-new-strategic-partnership-agreements-at-posidonia-2024/): Franman, a provider of a diversified range of equipment, parts, products and services to the maritime industry, has announced a series of strategic partnerships aimed at significantly upgrading its offering to clients worldwide. These collaborations underscore Franman’s steadfast commitment and dedication to delivering cutting-edge decarbonisation and digitalisation solutions to its clientele, spanning the Greek shipping cluster and key maritime markets across Europe and Asia. Franman’s recent partnerships with Caely Renewables, a provider of innovative green energy solutions, and SMDERI, China’s only state research institute on marine diesel engines, mark a significant leap forward in sustainability and regulatory compliance. Leveraging the EU […] - [Navigating Regulatory Challenges At Posidonia 2024](https://nafsgreen.gr/navigating-regulatory-challenges-at-posidonia-2024/): During a riveting opening panel session of the Tradewinds Shipowners Forum at Posidonia 2024, Harry Conway, Chair of the Marine Environment Protection Committee (MEPC) of the International Maritime Organisation (IMO), engaged in an in-depth discussion with senior representatives of the shipping industry on regulatory issues ranging from shadow fleets to alternative fuels. “We should be concerned by dark fleet activity because of the safety of vessels and crew, as well as the protection of the marine environment. If elements within the industry circumvent the rules and regulations, we have a problem. Dark fleet vessels have no accountability because they operate under […] - [Panama presents its elevated maritime sector at Posidonia 2024](https://nafsgreen.gr/panama-presents-its-elevated-maritime-sector-at-posidonia-2024/): Panama’s prominent role in the maritime and logistics sector, along with its compelling investment opportunities, will be highlighted at Posidonia 2024. The event takes place from June 3 to 7 at the Athens Metropolitan Expo Center. The National Pavilion of Panama, situated in Hall 2.110, was inaugurated last night, following the exhibition opening ceremony, and was attended by Greek Deputy Minister of Shipping and Insular Policy Mr. Ioannis Pappas, international organization officials and global maritime leaders. The Panama Pavilion is a joint national effort of the Export and Investment Promotion Authority (PROPANAMA), the Panama Canal Authority (ACP), the Maritime Authority of […] - [ABS Wavesight Announces Major Developments for My Digital Fleet Software to Revolutionize Vessel Performance and Compliance](https://nafsgreen.gr/abs-wavesight-announces-major-developments-for-my-digital-fleet-software-to-revolutionize-vessel-performance-and-compliance/): Real-time, data-driven insights supporting regulatory compliance, improving fleet efficiency, reducing operational costs and meeting fleet decarbonization goals are key benefits of ABS Wavesight My Digital Fleet (MDF) software that were unveiled during Posidonia. MDF introduces groundbreaking features aimed at empowering maritime operators to optimize performance, improve energy efficiency and streamline compliance with decarbonization requirements from both the International Maritime Organization (IMO) and the European Union.
“With its deeply rooted connection to ABS, an organization grounded in safety, regulation and compliance, My Digital Fleet brings performance and compliance together all in one platform. Today’s announcement reinforces our commitment to remaining at the forefront […] - [Posidonia 2024 Opens For Business](https://nafsgreen.gr/posidonia-2024-opens-for-business/): In the presence of Greek Prime Minister Mr. Kyriakos Mitsotakis, Greek and international ministers, European officials and presidents of all major international shipping organisations, Posidonia 2024 was officially inaugurated during a ceremony held at the main conference hall of the Athens Metropolitan Expo. Posidonia 2024 is the biggest in the biennial event’s six decades of existence with over 2,000 exhibitors from 82 countries and 23 national pavilions ready to showcase their offering on Posidonia’s exhibition floor, which proved too small to meet this year’s demand for space. Furthermore, a total of 68 maritime conferences, forums and seminars are scheduled to take […] - [RINA 2023 Financial Statement, Q1 2024 and Strategic Plan](https://nafsgreen.gr/rina-2023-financial-statement-q1-2024-and-strategic-plan/): The shareholders’ meeting of RINA, the multinational inspection, certification and engineering consultancy group, approved the financial statement for the fiscal year ending 31 December 2023, showing net revenues of 797 million euros, up 10% compared to 2022 and 13% EBITDA. Net profit rose to 12.5 million euros. The figures confirm the growth rate of revenues and profitability seen in recent years, setting solid foundations for the next cycle, which will also benefit from the capital injection led by Fondo Italiano d’Investimento, RINA’s new shareholder. Thanks to a positive start of the year, RINA closed the first quarter of 2024 with a […] - [Thordon to retrofit 32 Panama tugs](https://nafsgreen.gr/thordon-to-retrofit-32-panama-tugs/): Thordon Bearings has secured a significant contract to convert the rubber tailshaft bearings across an entire fleet of Panama-operating tugs, pilot vessels, and workboats to water-lubricated polymer bearings. The agreement with the unnamed operator follows the successful retrofitting of Thordon’s SXL tailshaft bearings to twelve of its twin-screw tugs last year during scheduled dry dockings. The remaining 32 vessels will now be converted in batches at planned maintenance intervals over the next four years.For the first batch of retrofit conversions, Thordon will supply a total of 62 bearings machined to fit shaft diameters ranging from 63.5mm to 101mm (2.5in to 4.5in). […] - [Alfa Laval FCM Methanol with the longest operating experience crosses the 100-order mark](https://nafsgreen.gr/alfa-laval-fcm-methanol-with-the-longest-operating-experience-crosses-the-100-order-mark/): Alfa Laval has received over 100 orders for its low-flashpoint fuel supply system (LFSS) FCM Methanol. This achievement reflects the increasing trust shipyards and shipowners have in Alfa Laval’s fuel treatment expertise, even in handling newer fuel alternatives.Trusted partner in fuel treatmentThe maritime industry is undergoing a transformative shift towards decarbonization and methanol has emerged as a preferred alternative fuel for many owners when ordering new vessels. According to the Methanol Institute, over 250 new methanol-capable vessels have been ordered worldwide so far, and methanol is the most contracted alternative fuel type in 2023, highlighting its growing acceptance. With over 50 […] - [Posidonia 2024 Venue Overflows Due to Unprecedented Exhibitor Demand](https://nafsgreen.gr/posidonia-2024-venue-overflows-due-to-unprecedented-exhibitor-demand/): Posidonia starts on Monday 3rd June at the Athens Metropolitan Expo which will be flooded with over 40,000 maritime professionals from around the world as the industry is convening once again to interact, network, share learnings of times past and foresights for what lies ahead. Posidonia 2024 is the biggest in the biennial event’s six decades of existence with organisers confirming that 2,030 exhibitors from 82 countries will be showcasing their offering indoors the expansive exhibition floor and in some outdoors areas of the venue to accommodate overwhelming demand.“Posidonia 2024 will be larger in scale than ever before in the event’s […] - [The Cost of Carbon Compliance Leads the Discussion at the ABS Hellenic National Committee](https://nafsgreen.gr/the-cost-of-carbon-compliance-leads-the-discussion-at-the-abs-hellenic-national-committee/): ABS shared the latest insights on critical issues like FuelEU, the impact of geopolitical challenges on global trade and the carbon value chain, with Greek shipowners, ship managers and charterers, at the annual ABS Hellenic National Committee Meeting. The session yielded open conversations, directly addressing the real challenges and viable solutions to meet 2050 decarbonization targets.“We need different ways to approach decarbonization, not just through the lens of a CII rating. In the case of FuelEU, there are market-based measures based on well-to-wake emissions, not just what’s on a vessel. So, the strategy now is focused on how to apply sustainability […] - [ABS and HD Hyundai Heavy Industries Sign JDP to Advance 3D Printing](https://nafsgreen.gr/abs-and-hd-hyundai-heavy-industries-sign-jdp-to-advance-3d-printing/): ABS and representatives from an HD Hyundai Heavy Industries (HHI) consortium signed a pioneering joint development agreement (JDP) that paves the way for the onboard manufacture of repair parts. Using a digital library for the design process and 3D printing, also known as additive manufacturing (AM), the consortium aims to support rapid maintenance, repair and operations (MRO) on sailing merchant vessels focused on metallic materials. Project partners include ABS; HHI; CScam, 3D printer manufacturer; and KITECH, digital library developer.Building upon a memorandum of understanding (MOU) that was signed last year, the JDP outlines a scope of work that includes among others, […] - [Nasdaq salutes Posidonia 2024 and Greek shipping, acknowledging the event’s worldwide reach and importance](https://nafsgreen.gr/nasdaq-salutes-posidonia-2024-and-greek-shipping-acknowledging-the-events-worldwide-reach-and-importance/): From Greece to the world: One of the most prestigious financial institutions in the world acknowledged once again the worldwide importance of Posidonia 2024 and Greek shipping with the words: ‘Nasdaq Salutes Posidonia 2024 & Wishes All Participants Great Success! ‘. The Nasdaq billboard is situated at the heart of New York’s iconic Times Square. This sought-after digital advertising billboard and one of the biggest in the world is sometimes referred to as the ‘Nasdaq Market Site Tower’. The tower is 930 square metres in size and rises 36.5 metres tall, ensuring visibility from a long distance with its imposing and prominent presence at one […] - [INTERCARGO members achieving fewer deficiencies
and detentions, despite global upheaval](https://nafsgreen.gr/intercargo-members-achieving-fewer-deficiencies-and-detentions-despite-global-upheaval/): INTERCARGO-registered dry bulk ships continue to outperform the industry average in both deficiencies and detentions, as highlighted in the latest INTERCARGO Benchmarking Report on Bulk Carriers. The report analyses a period marked by geopolitical turmoil due to the Ukrainian crisis and indiscriminate attacks on merchant vessels legally sailing through international waters in Gulf of Aden and Red Sea, leading to injuries and fatalities of innocent seafarers. It also stresses the urgent need for all stakeholders to truly focus on the safety of seafarers and eliminate the occurrence of such threats. The Benchmarking Bulk Carriers 2023-2024 Report details detention rates and deficiencies […] - [Sophia, the Renowned AI Robot, to Visit CMA D. ARGOUDELIS & CO S.A.’s Booth at POSIDONIA 2024](https://nafsgreen.gr/sophia-the-renowned-ai-robot-to-visit-cma-d-argoudelis-co-s-a-s-booth-at-posidonia-2024/): CMA D. ARGOUDELIS & CO S.A. is thrilled to announce the exclusive participation of the world-famous artificial intelligence robot, Sophia, at the prestigious POSIDONIA Exhibition 2024. The event will take place from June 3rd to June 7th at the Metropolitan Expo area in Athens. Sophia will be present at our booth on Tuesday, June 4th, from 14:30 to 17:30, at Stand 1.159 in Hall No. 1, where CMA will unveil its latest cutting-edge products and solutions tailored for the Marine Industry. Sophia’s appearance at the CMA booth will feature engaging activities including:✓ Discussion Panel: Sophia will participate in a dynamic panel […] - [Adoption of Situational Awareness Systems reduce collisions and claims](https://nafsgreen.gr/adoption-of-situational-awareness-systems-reduce-collisions-and-claims/): Groke Technologies is calling on marine insurers, P&I Clubs and regulators to encourage the widespread adoption of ship situational awareness systems as way of mitigating the rising number of claims relating to collision and other accidents attributable to human error. The clarion call comes amid growing concern amongst insurers that a myriad of external factors, including the shortage of seafarers, and a general increase in ship traffic, could result in more ship collisions and related incidents at sea.“While ship losses continue to fall, the number of navigational incidents, collisions and near-misses is deeply concerning,” says Groke Technologies’ Chief Commercial Officer Jonas […] - [Island Oil Launches Seoul Office](https://nafsgreen.gr/island-oil-launches-seoul-office/): International marine fuel trading firm Island Oil has established an office in Seoul. This is the latest expansion within the Far East and Southeast Asia markets, following the opening of the company’s Hong Kong office last year. Additionally, Island Oil has several years of established presence in Singapore, along with a rep. office in Shanghai. Mr. Yongje (Jayden) Choi will be heading the office as Business Development Manager. He brings a wealth of shipping knowledge along with an excellent reputation and a positive spirit. “We welcome Jayden to the Island Oil family”, said Mr. Michell Kamphorst, Head of International Trading, Asia […] - [Despina Panayiotou Theodosiou honoured with first ever IMO Gender Equality Award](https://nafsgreen.gr/despina-panayiotou-theodosiou-honoured-with-first-ever-imo-gender-equality-award/): Despina Panayiotou Theodosiou voiced gratitude at being selected as recipient of the first ever IMO Gender Equality award, presented by Secretary-General Arsenio Dominguez ahead of the International Maritime Organization Women in Maritime 2024 event. The award recognised Co-Chief Executive Officer of Tototheo Maritime, Ms. Panayiotou Theodosiou’s leading and pivotal role in advancing gender equality and empowering women through her tenure as President of WISTA International.
 
Ms. Panayiotou Theodosiou said it was a tremendous honour to have been chosen for the award. “Over the last 10 years raising awareness of the incredible work women are undertaking within the maritime industry and the importance of […] - [LR and Shandong Marine Group strengthen strategic 
co-operation focused on shipping’s green transformation](https://nafsgreen.gr/lr-and-shandong-marine-group-strengthen-strategic-co-operation-focused-on-shippings-green-transformation/): Lloyd’s Register (LR) and Shandong Marine Group (SDMG) have signed a Memorandum of Understanding (MoU) that will allow the two organisations to collaborate on energy transition opportunities. Shandong’s economy is the third largest in China and the province, situated on the country’s eastern coast, has successfully modernised its marine sector in the past decade, adopting novel technologies as well as new energy sources and materials.SDMG, through its various subsidiaries, has a diverse fleet that includes bulk carriers, container ships, and gas carriers. It has the largest bulk fleet carrier fleet in China, owning and operating a fleet of handysize, handymax, panamax […] - [Women in Maritime Day: Shaping the future of maritime safety](https://nafsgreen.gr/women-in-maritime-day-shaping-the-future-of-maritime-safety/): This year’s International Day for Women in Maritime will focus on the crucial role of women in ensuring maritime safety worldwide, while highlighting the changing attitudes towards gender in the industry.   Observed globally on 18 May every year, Women in Maritime Day seeks to raise the profile of women in maritime, while promoting their recruitment, retention and sustained employment in the sector.  Currently, only 29% of the overall maritime workforce and 20% of the workforce of national maritime authorities are women. Women make up less than 2% of seafarers worldwide.  Speaking at an international event to mark the occasion on Friday, 17 May 2024, […] - ['Somebody threatened to burn the school down'](https://nafsgreen.gr/somebody-threatened-to-burn-the-school-down/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [The full story of Thailand’s extraordinary cave rescue](https://nafsgreen.gr/the-full-story-of-thailands-extraordinary-cave-rescue/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [H2SITE’s AMMONIA to H2POWER technology Receives Approval in Principle from Lloyd’s Register](https://nafsgreen.gr/h2sites-ammonia-to-h2power-technology-receives-approval-in-principle-from-lloyds-register/): H2SITE’s AMMONIA to H2POWER technology for ammonia cracking on-board has received Approval in Principle (AiP) from Lloyd’s Register (LR). The technology is an onboard containerised solution that produces fuel-cell-quality hydrogen using ammonia. This hydrogen can then be utilised by hydrogen fuel cells that can contribute to the vessel’s electrical power, or the hydrogen could be consumed directly in an internal combustion engine (ICE).Ammonia cracking is gaining momentum as a potential hydrogen carrier for onboard applications and this system is based on H2SITE’s hydrogen-selective membranes that overcome the thermodynamic limitations of the ammonia cracking reaction by recovering hydrogen continuously and resulting in […] - [ABS and HD Hyundai Group Sign MOU to Advance Medium-Voltage Power Systems on Ships](https://nafsgreen.gr/abs-and-hd-hyundai-group-sign-mou-to-advance-medium-voltage-power-systems-on-ships/): ABS, HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (HD KSOE) and HD Hyundai Heavy Industries, Co., Ltd. (HHI) signed a memorandum of understanding to collaborate on the technical feasibility for medium-voltage direct current (MVDC) power systems on ships. The agreement opens the door to collaborate on design assessment, new technology qualification as well as the development of rule guidance to provide clear directives on technical requirements, safety standards and regulatory compliance.“We are proud to partner once again with HD KSOE and HHI. Our companies are equally focused on the safety of the maritime industry while supporting a smooth transition to […] - [Tax deadline is 1 week away: Why you shouldn't be a last-minute filer](https://nafsgreen.gr/tax-deadline-is-1-week-away-why-you-shouldnt-be-a-last-minute-filer/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [Is your city's population keeping pace? The fastest-growing city in each state](https://nafsgreen.gr/is-your-citys-population-keeping-pace-the-fastest-growing-city-in-each-state/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [Dodgers will host 2025 MLB All-Star Game, their first since 1980](https://nafsgreen.gr/dodgers-will-host-2020-mlb-all-star-game-their-first-since-1980/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [76ers set franchise record with 15th consecutive win, 121-113 over Hawks](https://nafsgreen.gr/76ers-set-franchise-record-with-15th-consecutive-win-121-113-over-hawks/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [Arizona teachers, schools prepare for a walkout over salaries, education money](https://nafsgreen.gr/arizona-teachers-schools-prepare-for-a-walkout-over-salaries-education-money/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [EPA fires staffer who approved report downplaying threats to Scott Pruitt](https://nafsgreen.gr/epa-fires-staffer-who-approved-report-downplaying-threats-to-scott-pruitt/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [No, Facebook doesn't secretly listen via your microphone to target ads at you](https://nafsgreen.gr/no-facebook-doesnt-secretly-listen-via-your-microphone-to-target-ads-at-you/): Build Your Website in Minutes with One-Click Import – No Coding Hassle! - [Malaysia-based UNI-FLEET Chooses ABS Wavesight Nautical Systems™](https://nafsgreen.gr/malaysia-based-uni-fleet-chooses-abs-wavesight-nautical-systems/): ABS Wavesight™, the ABS-affiliated Software-as-a-Service company, is pleased to announce that UNI-FLEET SDN BHD, a specialized shipping company operating tanker vessels primarily focused on the transportation of ammonia across Asia, has chosen to implement Nautical Systems (NS) Maintenance Manager and Purchasing Manager modules to revolutionize their maintenance and inventory processes. “We’re excited for the opportunity to support UNI-FLEET with Nautical Systems,” said Staci Satterwhite, CEO at ABS Wavesight. “The integration of NS Maintenance Manager and NS Purchasing Manager will equip UNI-FLEET with the tools they need to automate maintenance processes, manage inventory efficiently and drive operational excellence.”NS Maintenance Manager will provide […] - [New International Chamber of Shipping Secretary General announced](https://nafsgreen.gr/new-international-chamber-of-shipping-secretary-general-announced/): At a special meeting of the board, held on-line, the International Chamber of Shipping (ICS) have unanimously appointed Thomas A. Kazakos as its next Secretary General. Kazakos will replace Guy Platten who will be stepping down in June 2025. Kazakos has been the Director General of the Cyprus Shipping Chamber, the representative National-Member Association of Cyprus at ICS, since 1995. Emanuele Grimaldi, Chairman of the International Chamber of Shipping said: “After a thorough search and interview process my board is delighted to confirm the appointment of Thomas Kazakos to this important position for our industry. The coming decade will be pivotal for […] - [Over 300 guests to WISTA Hellas Gala Dinner & Award Ceremony](https://nafsgreen.gr/over-300-guests-to-wista-hellas-gala-dinner-award-ceremony/): The new Board of WISTA Hellas, led by the new President, Ms. Vivi Kolliopoulou, welcomed over 300 guests to a festive Christmas-themed Gala Dinner & Award Ceremony on Monday, December 9, 2024, at the Athens Marriott Hotel. The attendees included members, friends, representatives of organizations, and long-time supporters. Over the past four years, WISTA Hellas has established the Leadership Award and the Hellenic Coast Guard Award, both of which are presented annually at the Gala. This event not only honors the award recipients but also celebrates the core values and dedication that inspire the work of WISTA Hellas members and their supporters. Leadership […] - [Out with a bang? MSI puts 2024 tanker orders on course for second highest total](https://nafsgreen.gr/out-with-a-bang-msi-puts-2024-tanker-orders-on-course-for-second-highest-total/): Less favourable tanker market conditions in the coming years are expected to constrain further growth in contracting from 2025 to 2028. London and Singapore, 1 January 2025. Leading research and consultancy provider Maritime Strategies International (MSI) forecasts that tanker contracting in 2024 will reach its second highest level ever. The first 11 months of 2024 saw near-record levels of tanker contracting, with 55m dwt ordered second only to the super-cycle year of 2006. MSI’s proprietary market model for 10,000dwt+ tanker orders has been revised up 20% by 10.2m dwt for 2024 versus its previous forecast. With a projected total of 60.8m […] - [The Chios Marine Club’s Christmas and New Premises inauguration](https://nafsgreen.gr/the-chios-marine-clubs-christmas-and-new-premises-inauguration/): The Chios Marine Club’s Christmas and New Premises inauguration event took place on 18 December 2024 in Piraeus at its new address, 35-39 Akti Miaouli at Lemos Maritime Building. The celebration of the new premises was accompanied by the Christmas gathering for members and guests of the Club. The Inauguration ceremony began with the traditional blessing of new premises by Father Andreas, archpriest of Saint Nicholas Church Piraeus. The President of Chios Marine Club Capt. Antonis Pitsilos welcomed the sponsors who contributed to the renovation of the premises, and all participants. He pointed out that the Club has been active for […] - [Metis and Nereus Digital Bunkers announce strategic cooperation to optimise marine fuel management](https://nafsgreen.gr/metis-and-nereus-digital-bunkers-announce-strategic-cooperation-to-optimise-marine-fuel-management/): Metis, a leader in digital solutions for fleet performance management, and Nereus Digital Bunkers, a maritime software company specialising in marine fuels have entered into a strategic cooperation which aims to revolutionise bunkering operations through data-driven insights and streamlined processes.
 By combining the strengths of both companies, this collaboration leverages cloud-to-cloud integration for seamless data exchange, delivering two unique services to support the optimal management and execution of bunkering processes. The Metis platform will provide detailed bunkering information by port—including indicative pricing, pricing trends, fuel quality reports, bunker delivery delays, and vendor performance ratings. This enables ship operators to access vital […] - [Mr. Alexandros Josephides is the next Director General of the Cyprus Shipping Chamber](https://nafsgreen.gr/mr-alexandros-josephides-is-the-next-director-general-of-the-cyprus-shipping-chamber/): The Cyprus Shipping Chamber, is delighted to announce that its Board of Directors has unanimously decided to appoint its current Deputy Director General / Marine Manager, Mr. Alexandros Josephides, as the next Director General. Mr. Josephides will succeed Mr. Thomas A. Kazakos, who is taking over as Secretary General of the International Chamber of Shipping in London, effective 1st April 2025.  Completing this year, a very productive 30 years-service with the Chamber, Mr. Josephides holds Bachelor’s and Master’s degrees in Mechanical Engineering. He started his career as a Mechanical Engineer in 1986 and worked in the US, Cyprus and Libya for […] - [The Chios Marine Club’s Christmas and New Premises inauguration](https://nafsgreen.gr/the-chios-marine-clubs-christmas-and-new-premises-inauguration-2/): The Chios Marine Club’s Christmas and New Premises inauguration event took place on 18 December 2024 in Piraeus at its new address, 35-39 Akti Miaouli at Lemos Maritime Building. The celebration of the new premises was accompanied by the Christmas gathering for members and guests of the Club. The Inauguration ceremony began with the traditional blessing of new premises by Father Andreas, archpriest of Saint Nicholas Church Piraeus. The President of Chios Marine Club Capt. Antonis Pitsilos welcomed the sponsors who contributed to the renovation of the premises, and all participants. He pointed out that the Club has been active for […] - [OOCL Names its Third 16,828 TEU Container Vessel, OOCL Sunflower ](https://nafsgreen.gr/oocl-names-its-third-16828-teu-container-vessel-oocl-sunflower/): Orient Overseas Container Line Ltd. (“OOCL”) celebrated the naming of its third brand new 16,828 TEU container vessel “OOCL Sunflower” at Dalian COSCO KHI Ship Engineering Co., Ltd. (“DACKS”) today. “OOCL Sunflower” was named and blessed by Mrs. Jenny King, Director and General Manager of INTCO Recycling Resources Co., Ltd. under the witness of many guests, partners and customers. This series of latest eco-friendly vessels, each with a capacity of 16,828 TEU, incorporates cutting-edge technology that delivers exceptional intelligence, superior environmental performance, and outstanding operational efficiency. Designed to not only meet but exceed current environmental standards, this series underscores OOCL’s commitment […] - [Cruise industry looks ahead to European Cruise Week 2025 in Rotterdam](https://nafsgreen.gr/cruise-industry-looks-ahead-to-european-cruise-week-2025-in-rotterdam/): Registrations are open for the highly anticipated CLIA Cruise Week Europe 2025, taking place in Rotterdam from 12-14 March 2025. Held in Europe’s largest seaport, this premier event brings together decision-makers from across the cruise industry, along with policymakers, business partners, and suppliers, to shape the future of cruising. In partnership with the Municipality of Rotterdam, the Port of Rotterdam and Cruise Port Rotterdam, Cruise Week Europe 2025 will bring together top cruise line executives, industry innovators, and political leaders to showcase the industry’s commitment to sustainable and innovative tourism solutions. The event will highlight the cruise industry’s contributions to the […] - [47 Governments and global industry jointly propose text for GHG emissions pricing mechanism](https://nafsgreen.gr/47-governments-and-global-industry-jointly-propose-text-for-ghg-emissions-pricing-mechanism/): To achieve net zero greenhouse gas (GHG) emissions from international shipping by 2050, the International Chamber of Shipping (ICS) has joined 47 governments in a joint submission to the final round of negotiations at the United Nations’ International Maritime Organization (IMO) to adopt a maritime greenhouse gas (GHG) emissions pricing mechanism for international shipping. The joint text is supported by major shipping nations such as Greece, Japan, Korea and the United Kingdom, the world’s largest flag States including Bahamas, Liberia, Marshall Islands and Panama, all EU States (and the European Commission), other African countries such as Nigeria and Kenya, plus Small Island Developing […] - [Auramarine secures order for two hybrid diesel and biofuel supply systems](https://nafsgreen.gr/auramarine-secures-order-for-two-hybrid-diesel-and-biofuel-supply-systems/): Auramarine has announced that it will deliver two shipsets of Diesel Fuel Oil (DFO) and Liquid Biofuel (LBO) supply systems to Meriaura, a leading Finnish shipping company. The Auramarine fuel supply systems will be used onboard two Meriaura cargo ships (hull numbers BN832 & BN833), which will be built by Dutch shipyard Royal Bodewes, and support Meriaura in enhancing operational reliability, performance, maintenance and safety. The systems will be manufactured at Auramarine’s Shanghai factory with deliveries to the shipyard in May 2025 and March 2026. The fuel supply systems will supply fuel oil to the engine and help ensure the fuel […] - [The LNG pathway is only two minutes into the hour of our journey to net zero](https://nafsgreen.gr/the-lng-pathway-is-only-two-minutes-into-the-hour-of-our-journey-to-net-zero/): Industry coalition SEA-LNG notes that while the approximately 2,200 LNG-fuelled vessels and LNG carriers represent only ‘two minutes into the hour’ of the global fleet of approximately 60,000 deep sea vessels, it remains an adolescent fuel that is maturing significantly faster than other alternatives. However, the LNG pathway still needs more investment, especially in landside facilities for liquefaction near ports, bio and synthetic methane production and bunkering capacity worldwide. Peter Keller, Chairman, SEA-LNG, said: “There are approximately 60,000 deep sea ships on the water and, today, we’re looking at around 600 LNG capable ships afloat with a further 600 on order. There […] - [Liberia Receives IMSAS Audit](https://nafsgreen.gr/liberia-receives-imsas-audit/): The Liberian Registry is undergoing the International Maritime Organization (IMO) Member State Audit Scheme (IMSAS). The initial phase of the audit took place from November 20–22, 2024, at the Liberian Registry’s headquarters in Dulles, Virginia, and will continue in Liberia, concluding on December 2, 2024.The IMO Member State Audit Scheme is a vital process that evaluates how effectively flag states implement and enforce international maritime regulations. The audit examines key areas of responsibility, including maritime safety, environmental protection, and the training and certification of seafarers. It also assesses the country’s ability to uphold its port and coastal state obligations, ensuring that […] - [Lloyd's Register awards AiP to GTT for innovative three cargo tank LNGC](https://nafsgreen.gr/lloyds-register-awards-aip-to-gtt-for-innovative-three-cargo-tank-lngc/): Lloyd’s Register has granted an Approval in Principle (AiP) for GTT’s new 200,000 m³ LNG carrier concept, featuring slow-steaming navigation and three tanks instead of the traditional four. This innovation challenges traditional LNG carrier design norms, highlighting the importance of speed in reducing emissions and paving the way for sustainable LNG shipping solutions.The 200k LNG carrier design offers significant environmental and economic advantages, including approximately 27% reduction in voyage-based emissions intensity and a decrease in Unit Freight Cost (UFC) by up to 5.5% by 2025 and 14% by 2050 under frameworks like EU ETS and FuelEU.Lloyd’s Register conducted a thorough evaluation […] - [Captain Ian Finley receives IMO International Maritime Prize](https://nafsgreen.gr/captain-ian-finley-receives-imo-international-maritime-prize/): H.E. Captain Ian Finley, Permanent Representative of the Cook Islands, has been presented with the prestigious International Maritime Prize for 2023. Captain Finley was honoured at the annual IMO Awards Ceremony, held in London on 2 December 2024. The ceremony followed the first day of the Maritime Safety Committee (MSC 109) session, which is taking place from 2 to 6 December 2024.  Captain Finley was nominated for the Prize by the Government of the Cook Islands. As a delegate to IMO, representing Panama and latterly the Cook Islands, he has been an active participant in the development of virtually all safety, […] - [Headway Signs Agreement with Yuchai Marine Power](https://nafsgreen.gr/headway-signs-agreement-with-yuchai-marine-power/): On November 21, Headway Technology Group and Yuchai Marine Power Co., Ltd (YCMP) held a signing ceremony in Zhuhai City for the OceanGuard® Ammonia Fuel Supply System project. The AFSS system will be used on YCMP’s ammonia-fueled low-speed engine test platform, and will be delivered as a turnkey solution. Yuchai Marine Power (YCMP) develops, designs, produces, and sells low-speed high power marine diesel engines for bulk carriers, container vessels, tankers, and engineering ships. It holds production licenses for WIN GD and MAN ES two-stroke engines and is based in Zhuhai, Guangdong. Headway’s Vice President Cao Xuelei and YCMP’s Chief Engineer Feng Deliang […] - [Headway Signs Agreement with Yuchai Marine Power](https://nafsgreen.gr/headway-signs-agreement-with-yuchai-marine-power-2/): On November 21, Headway Technology Group and Yuchai Marine Power Co., Ltd (YCMP) held a signing ceremony in Zhuhai City for the OceanGuard® Ammonia Fuel Supply System project. The AFSS system will be used on YCMP’s ammonia-fueled low-speed engine test platform, and will be delivered as a turnkey solution. Yuchai Marine Power (YCMP) develops, designs, produces, and sells low-speed high power marine diesel engines for bulk carriers, container vessels, tankers, and engineering ships. It holds production licenses for WIN GD and MAN ES two-stroke engines and is based in Zhuhai, Guangdong.Headway’s Vice President Cao Xuelei and YCMP’s Chief Engineer Feng Deliang […] - [CMA D. ARGOUDELIS & CO S.A. and I.A.S. L.I. SKOURGIALOS L.P. Forge Strategic Partnership](https://nafsgreen.gr/cma-d-argoudelis-co-s-a-and-i-a-s-l-i-skourgialos-l-p-forge-strategic-partnership/): Two industry-leading automation companies, CMA D. ARGOUDELIS & CO S.A. and I.A.S. L.I. SKOURGIALOS L.P., are thrilled to announce an exciting new partnership that will elevate the world of automation and open up new possibilities for their clients. This collaboration marks a significant step forward in the industry as both companies join forces to provide cutting-edge training services and promote products from renowned manufacturers Beijer Electronics and Beckhoff.CMA D. ARGOUDELIS & CO S.A. has established itself as a powerhouse in the field of automation expertise, known for its innovative solutions and commitment to excellence.I.A.S. L.I. SKOURGIALOS L.P., on the other hand, […] - [Anthony Veder eases environmental regulatory reporting with NAPA Logbook](https://nafsgreen.gr/anthony-veder-eases-environmental-regulatory-reporting-with-napa-logbook/): The joint project between the two companies introduces the functionality of voyage reporting, helping Anthony Veder streamline onboard data collection and fulfill increasingly complex environmental regulatory requirements, thereby contributing to shipping meeting its net zero target. 

With the new voyage reporting functionality, NAPA Logbook reduces the administrative burden of regulatory compliance and covers the monitoring systems EU-MRV (Monitoring, Reporting and Verification), and the IMO-DCS (Data Collection System). The digital platform enables the integration of logbooks with regulatory reporting; data is automatically shared with shoreside teams, via NAPA Fleet Intelligence, as well as with the verifier, in this case DNV Emission Connect, in […] - [Christos Stylianides: Greece as a Catalyst for Supporting the Global Supply Chain](https://nafsgreen.gr/christos-stylianides-greece-as-a-catalyst-for-supporting-the-global-supply-chain/): The event was organized for the first time by India’s Ministry of Ports, Shipping, and Waterways in collaboration with the country’s Observer Research Foundation on November 18–19. Mr. Stylianides also emphasized the need to strengthen international collaborations, both bilaterally with India and within the framework of the International Maritime Organization (IMO), to address contemporary challenges related to decarbonization and digitalization, attracting young people to maritime professions, and enhancing the specialization and skills of seafarers. During his stay in New Delhi, the Minister of Shipping and Island Policy also met with the Indian Minister of Ports, Shipping, and Waterways, Mr. Sarbananda Sonowal. […] - [WinGD seals ammonia-fuelled X-DF-A engine orders for Chinese gas carriers](https://nafsgreen.gr/wingd-seals-ammonia-fuelled-x-df-a-engine-orders-for-chinese-gas-carriers/): The orders will be built by Huangpu Wenchong Shipbuilding, a shipyard with strong experience in the construction of small- and medium-sized gas carriers. The new orders highlight WinGD’s growing stake in the gas carrier market, which is a vital link in the emerging global supply chain for green ammonia as well as a pioneering segment for the uptake of ammonia as marine fuel. WinGD Director Sales, Volkmar Galke said: “The demand for gas carriers is growing rapidly as the central role of ammonia in the hydrogen economy is becoming clear. WinGD has already reported multiple orders of its new X-DF-A engine […] - [All American Marine and ABB to collaborate on new hybrid-electric ocean sampling vessel](https://nafsgreen.gr/all-american-marine-and-abb-to-collaborate-on-new-hybrid-electric-ocean-sampling-vessel/): The 19.2–meter (63 foot) vessel has been designed to support OC San’s Ocean Monitoring Program that has run for over 40 years in support of wastewater collection, treatment, disposal, and recycling services for 2.6 million residents in the county. The program, which operates around 90 days each year, verifies that the ocean remains safe for swimming, marine life, and fisheries. The ABB hybrid-electric propulsion system on board the new vessel will support OC San’s commitment to environmental stewardship, while also aligning with ABB’s efforts in supporting the decarbonization of maritime operations. The vessel will be built to meet California Air Resources […] - [IMO Gender Equality Award to go to maritime entrepreneur Karin Orsel](https://nafsgreen.gr/imo-gender-equality-award-to-go-to-maritime-entrepreneur-karin-orsel/): Celebrated maritime entrepreneur is a long-time advocate for diversity and inclusion in the shipping industry. Ms. Karin Orsel, co-founder and CEO of the MF Shipping Group based in the Kingdom of the Netherlands, has been selected to receive the 2025 IMO Gender Equality Award.  The Award is bestowed on individuals who have made significant contributions to advancing gender equality and the empowerment of women in the maritime sector.   The IMO Council endorsed Ms. Orsel as next year’s recipient during its 133rd session held in London from 18 to 22 November 2024. The ceremony to present the Award will take place in May 2025, alongside […] - [Anthony Veder eases environmental regulatory reporting with NAPA Logbook](https://nafsgreen.gr/anthony-veder-eases-environmental-regulatory-reporting-with-napa-logbook-2/): Anthony Veder, a leading gas shipping company, has strengthened its partnership with NAPA, a global provider of maritime software and data services, to expand the use of electronic logbook solutions and ease regulatory reporting. 

 The joint project between the two companies introduces the functionality of voyage reporting, helping Anthony Veder streamline onboard data collection and fulfill increasingly complex environmental regulatory requirements, thereby contributing to shipping meeting its net zero target. 

With the new voyage reporting functionality, NAPA Logbook reduces the administrative burden of regulatory compliance and covers the monitoring systems EU-MRV (Monitoring, Reporting and Verification), and the IMO-DCS (Data Collection System). The […] - [Christos Stylianides: “Greece as a Catalyst for Supporting the Global Supply Chain and Safeguarding Maritime Security”](https://nafsgreen.gr/christos-stylianides-greece-as-a-catalyst-for-supporting-the-global-supply-chain-and-safeguarding-maritime-security/): The pivotal role of Greek shipping as a catalyst for supporting the global supply chain and prosperity, as well as safeguarding the safety and security of maritime operations, particularly in critical sea lanes, was highlighted by the Greek Minister of Shipping and Island Policy, Mr. Christos Stylianides, during his keynote speech in New Delhi at the “Great Oceans Dialogue. ” The event was organized for the first time by India’s Ministry of Ports, Shipping, and Waterways in collaboration with the country’s Observer Research Foundation on November 18–19. Mr. Stylianides also emphasized the need to strengthen international collaborations, both bilaterally with India […] - [WinGD seals ammonia-fuelled X-DF-A engine orders for Chinese gas carriers](https://nafsgreen.gr/wingd-seals-ammonia-fuelled-x-df-a-engine-orders-for-chinese-gas-carriers-2/): Swiss marine power company WinGD has secured further orders for its ammonia-fuelled X-DF-A engine design in the growing ammonia carrier market. The engines, to be built at Yuchai Marine Power Co, will be delivered for a total of seven 25,000m3 and 41,000m3 LPG/ammonia carriers ordered by Tianjin Southwest Shipping. The vessels will deploy 5- and 6-cylinder versions of the 52-bore X-DF-A engines and are scheduled to enter service from Q3 2026. The orders will be built by Huangpu Wenchong Shipbuilding, a shipyard with strong experience in the construction of small- and medium-sized gas carriers. The new orders highlight WinGD’s growing stake […] - [All American Marine and ABB to collaborate on new hybrid-electric ocean sampling vessel in California](https://nafsgreen.gr/all-american-marine-and-abb-to-collaborate-on-new-hybrid-electric-ocean-sampling-vessel-in-california/): ABB has secured an order with the shipbuilding company All American Marine to supply a hybrid-electric propulsion system for the new ocean sampling catamaran for the Orange County Sanitation District (OC San) in California. In addition to the comprehensive scope of technologies, All American Marine will draw on ABB’s extensive expertise in the supply, engineering, and systems integration of hybrid-electric vessels. The vessel is expected to be delivered to OC San in 2027. The 19.2–meter (63 foot) vessel has been designed to support OC San’s Ocean Monitoring Program that has run for over 40 years in support of wastewater collection, treatment, […] - [IMO Gender Equality Award to go to maritime entrepreneur Karin Orsel](https://nafsgreen.gr/imo-gender-equality-award-to-go-to-maritime-entrepreneur-karin-orsel-2/): Celebrated maritime entrepreneur is a long-time advocate for diversity and inclusion in the shipping industry.  Ms. Karin Orsel, co-founder and CEO of the MF Shipping Group based in the Kingdom of the Netherlands, has been selected to receive the 2025 IMO Gender Equality Award.  The Award is bestowed on individuals who have made significant contributions to advancing gender equality and the empowerment of women in the maritime sector.   The IMO Council endorsed Ms. Orsel as next year’s recipient during its 133rd session held in London from 18 to 22 November 2024. The ceremony to present the Award will take place in May 2025, […] - [Damen ASD Tug 3212, MULTRATUG 36, is the newest addition to Multraship’s fleet](https://nafsgreen.gr/damen-asd-tug-3212-multratug-36-is-the-newest-addition-to-multraships-fleet-2/): The vessel is a Damen ASD Tug 3212. MULTRATUG 36 is the latest delivery from the order of three tugs Multraship placed with Damen to expand its fleet further to meet additional customer and project requirements. Jacqueline Pey, the spouse of Chris Pey, Multraship’s Senior Commercial Manager, did the honours and wished the tug and her crew fair winds and following seas. The christening coincided with Multraship’s 40th Anniversary. The Muller family has been involved in towage and salvage since 1911, marking more than 250 years in shipping, with Multraship established in 1984 to provide specialist towage and salvage services. MULTRATUG […] - [IMO Secretary-General visits Red Sea countries](https://nafsgreen.gr/imo-secretary-general-visits-red-sea-countries/): International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has completed a series of visits to countries in the Red Sea area, to discuss the current situation and express support for freedom of navigation as well as concern for innocent seafarers, particularly those who remain captive with the MV Galaxy Leader. Mr Dominguez said:“The continuous attacks on ships and seafarers in the Red Sea are endangering innocent human lives, affecting the entire shipping industry and therefore the global economy. International shipping carries around 80% of trade in goods in the world and the Red Sea is one of the main shipping routes. All […] - [HEMEXPO 10th anniversary marks decade of outstanding growth](https://nafsgreen.gr/hemexpo-10th-anniversary-marks-decade-of-outstanding-growth/): Hellenic Marine Equipment Manufacturers and Exporters – is celebrating its 10th anniversary, in a milestone for an organisation which has become one of Europe’s leading supplier associations for international shipping. Established in 2014 with the objective of creating a platform to unify the previously-fragmented marine equipment manufacturing sector in Greece, the association initially served 15 member companies with a combined annual turnover of €178 million. Today, HEMEXPO comprises over 30 members, while turnover has increased by close to 400% to €676 million – highlighting the association’s remarkable growth over the past decade.  HEMEXPO’s strategy to drive best industry practices and support […] - [CSC at a high-level global Maritime Summit in Hong Kong](https://nafsgreen.gr/csc-at-a-high-level-global-maritime-summit-in-hong-kong/): The Summit brought together senior government officials, shipping industry leaders and policymakers joining a meaningful dialogue on the future of maritime trade. Discussions focused on the evolving dynamics of global supply chains, the impact of geopolitical tensions and the role of sustainability and innovation in securing a resilient maritime industry, setting the tone ahead of the Hong Kong Maritime week of events. The Chamber’s Director General, Mr. Thomas Kazakos and various CEOs from the Chamber’s Member Companies, represented the Cyprus Shipping Industry, further to an official invitation by the ICS, in which the Chamber has been a Member for more than […] - [IBIA advances marine fuel Industry engagement](https://nafsgreen.gr/ibia-advances-marine-fuel-industry-engagement-2/): The event, which began with opening addresses from Alexander Prokopakis, Executive Director of IBIA, and Constantinos Capetanakis, Chair of IBIA, set the stage for insightful discussions on the future of marine fuels and industry collaboration. Distinguished keynote speakers included Christos Stylianides, Greece’s Minister of Maritime Affairs and Insular Policy, and George J. Tsunis, U.S. Ambassador to the Hellenic Republic.The IBIA Convention in Athens brought together industry leaders and specialists from across the global bunker sector, creating an unparalleled platform for knowledge exchange and forward-thinking discussions. Panels focused on emerging trends in alternative fuels, regional regulatory challenges, and the drive for environmental […] - [TMS Tanker conference underlines need for collaboration to accelerate ship](https://nafsgreen.gr/tms-tanker-conference-underlines-need-for-collaboration-to-accelerate-ship/): Environmental issues and factors influencing the sustainability of tanker shipping as it steps up to play its full part in decarbonising the industry in decades to come were the dominant themes of The Maritime Standard Tanker Conference 2024, which took place on November 7th at The Atlantis, The Palm, Dubai. The need for collaboration between stakeholders to achieve this objective was stressed by a number of speakers, as was the importance of harnessing new technology, including digitalisation and AI-based tools. The importance of engaging ships’ crew in the process of decarbonisation and ensuring they have the right skill sets to enable […] - ["Hamburg Express" christened in its home port](https://nafsgreen.gr/hamburg-express-christened-in-its-home-port/): The maiden voyage of the “Hamburg Express” reaches its climax on 4 November 2024. The newest container ship in the Hapag-Lloyd fleet is christened in the Port of Hamburg by Eva-Maria Tschentscher, Hamburg’s First Lady and wife of the First Mayor of the Free and Hanseatic City of Hamburg, Peter Tschentscher. The newbuilding is the largest container ship ever to sail under the German flag. It is the flagship of the “Hamburg Express” class. This class consists of twelve container ships with a capacity of up to 23,664 TEU. The containerships of this class are 399 metres long and 61 metres […] - [Tototheo Global expands into Turkey](https://nafsgreen.gr/tototheo-global-expands-into-turkey/): This expansion marks a significant milestone in Tototheo Global’s continued international growth. Through its investment, the company is better positioned to meet growing demand throughout the region for advanced technology services. Leveraging its extensive technical expertise, Tototheo Global offers a comprehensive range of solutions, from advanced connectivity and navigation systems to cybersecurity and regulatory compliance services. These offerings are designed to help maritime companies optimize operations, enhance vessel safety, and ensure compliance with international standards. Despina Panayiotou Theodosiou, co-CEO of Tototheo Global commented: “Opening our office in Turkey is another landmark in Tototheo’s global expansion. We have already been working in […] - [The Mission to Seafarers announces winners of Seafarers Awards 2024](https://nafsgreen.gr/the-mission-to-seafarers-announces-winners-of-seafarers-awards-2024/): This year’s prestigious awards ceremony, held on 11 October 2024 at the Fairmont Singapore Hotel, Singapore once again highlighted the vital role of seafarers and those dedicated to improving their welfare. Now in its seventh year, the Seafarers Awards have become a cornerstone of the Singapore and world maritime calendar, showcasing the industry’s unwavering commitment to recognising and celebrating the extraordinary efforts made by individuals and organisations in support of seafarers. The evening brought together maritime professionals from across the globe, creating an atmosphere of camaraderie and appreciation for the seafarers who form the backbone of the maritime industry. The Mission […] - [IBIA advances marine fuel Industry engagement](https://nafsgreen.gr/ibia-advances-marine-fuel-industry-engagement/): The event, which began with opening addresses from Alexander Prokopakis, Executive Director of IBIA, and Constantinos Capetanakis, Chair of IBIA, set the stage for insightful discussions on the future of marine fuels and industry collaboration. Distinguished keynote speakers included Christos Stylianides, Greece’s Minister of Maritime Affairs and Insular Policy, and George J. Tsunis, U.S. Ambassador to the Hellenic Republic.The IBIA Convention in Athens brought together industry leaders and specialists from across the global bunker sector, creating an unparalleled platform for knowledge exchange and forward-thinking discussions. Panels focused on emerging trends in alternative fuels, regional regulatory challenges, and the drive for environmental […] - [Coach Solutions adds live weather forecasting service](https://nafsgreen.gr/coach-solutions-adds-live-weather-forecasting-service/): The Weather Viewer functionality is available to both crew onboard ship and shoreside managers simultaneously. Data is included in a live map view and can also be accessed as a PDF if the ship is operating in a low bandwidth environment. Users can also step forward in time to explore potential risks based on forecast weather conditions up to 10 days in advance. Weather conditions continue to play a key role in the execution of a safe and efficient voyage. The data provided by Coach is sourced from the National Oceanic and Atmospheric Administration (NOAA) and includes pressure lines, cyclones, wave […] - [Christos Stylianides: “The sea does not divide us; it unites us.”](https://nafsgreen.gr/christos-stylianides-the-sea-does-not-divide-us-it-unites-us/): Mr. Stylianides and the Greek delegation held a working meeting with the Minister of Transport, Communications and Works of the Republic of Cyprus, Mr. Alexis Vafeades, and the Deputy Minister of Shipping, Ms. Marina Hatzimanoli. The two delegations agreed to strengthen Greece-Cyprus cooperation in the Ports sector, particularly within the framework of the Trans-European Transport Network and maritime corridors. During the visit, the Minister attended the opening of the “Sea 2024” Festival, organized in Limassol, and participated in a joint initiative by the Greek Ministry of Shipping and Island Policy and the Cypriot Deputy Ministry of Shipping aimed at educating children […] - [Hapag-Lloyd orders 24 new container ships](https://nafsgreen.gr/hapag-lloyd-orders-24-new-container-ships/): These units will be used to expand the capacity of services that are already in place. An additional 12 ships, each with a capacity of 9,200 TEU, have been ordered from New Times Shipbuilding Company Ltd. and will replace older units in the Hapag-Lloyd fleet that will be nearing the end of their service life in this decade. All of the newbuildings will be equipped with state-of-the-art low emission high pressure liquefied gas dual-fuel engines that are extremely fuel-efficient. In addition, these vessels can be operated using biomethane, which can reduce CO2e emissions by up to 95% compared to conventional propulsion […] - [Moore Maritime Index (MMI) 2024](https://nafsgreen.gr/moore-maritime-index-mmi-2024/): The data comes from audited financial statements of ship owning companies and therefore, the results produced by the Index show the “real world” of financial performance of the shipping industry.The main takeaways are:– In dry bulk carriers, the level of the total operating expenses remained at similar levels compared to 2022, with the only exception being Capesize vessels which showed an increase of 7%. Specifically, there was an increase in insurance costs, in repairs and maintenance as well as in crew victualling expenses, while on the contrary it was observed that crew other costs, such as travelling and training expenses, decreased […] - [Costis Frangoulis was recognized as the 2024 International Member of the Year](https://nafsgreen.gr/costis-frangoulis-was-recognized-as-the-2024-international-member-of-the-year/): The award was presented at the organization’s annual convention held in Tampa, Florida US, on October 25th.

This award recognizes his dedication and contribution to the shipping industry, through his leadership of Franman, as well as his impactful role as President of the Propeller Club, Port of Piraeus and Vice-President of the International Propeller Club.Costis Frangoulis founded Franman in 1991, introducing successfully the “one-stop-shop” philosophy to the Greek shipping market. Over the years, the company has served thousands of vessels and shipping companies, building significant partnerships across the globe.
Additionally, in his role as President of the Propeller Club, Port of Piraeus, since 2019, he has led the Club to […] - [Hello world!](https://nafsgreen.gr/hello-world/): Welcome to WordPress. This is your first post. Edit or delete it, then start writing! - [New FuelEU Maritime module added to Fuelink platform to support compliance](https://nafsgreen.gr/new-fueleu-maritime-module-added-to-fuelink-platform-to-support-compliance/): Fuelink, a maritime technology provider, has added a new module to its digital platform, supporting FuelEU maritime compliance. The Fuelink platform, which provides a one-stop shop for bunker data management and fuel supply optimisation, now enables users to calculate voyage emissions in line with FuelEU Maritime legislation and access sufficient credits to address any deficits and achieve compliance.  Effective from 1st January 2025, FuelEU Maritime is a regulatory framework that requires each vessel to attain a required greenhouse gas (GHG) intensity index, starting with a 2% decrease by 2025 and reaching up to an 80% reduction by 2050. These reductions in […] - [AVAT and KBB are going to cooperate in the digitalisation of turbochargers](https://nafsgreen.gr/avat-and-kbb-are-going-to-cooperate-in-the-digitalisation-of-turbochargers/): The aim of the recently agreed cooperation between the two German technology companies AVAT and Kompressorenbau Bannewitz GmbH (KBB) is to make turbocharger technology for large combustion engines even more powerful and efficient through digitalization. Turbochargers are a key factor for the performance and efficiency of internal combustion engines used in ships and stationary power plants for energy generation. The new hardware and software will be able to collect and analyze a wide range of operating data and metrics from the turbocharger. This will provide valuable information about the current operating point and possible damage patterns. By analyzing the data, it […] - [IBIA advances marine fuel Industry engagement](https://nafsgreen.gr/ibia-advances-marine-fuel-industry-engagement-3/): IBIA – The International Bunker Industry Association announced the establishment of its European Regional Board at the IBIA Annual Convention, held in Athens attended by over 250 delegates. The event, which began with opening addresses from Alexander Prokopakis, Executive Director of IBIA, and Constantinos Capetanakis, Chair of IBIA, set the stage for insightful discussions on the future of marine fuels and industry collaboration. Distinguished keynote speakers included Christos Stylianides, Greece’s Minister of Maritime Affairs and Insular Policy, and George J. Tsunis, U.S. Ambassador to the Hellenic Republic.The IBIA Convention in Athens brought together industry leaders and specialists from across the global […] - [CLIA names energy and transport leader as director general in Europe](https://nafsgreen.gr/clia-names-energy-and-transport-leader-as-director-general-in-europe/): Cruise Lines International Association (CLIA) announced that Samuel Maubanc has joined the organization as director general in Europe, effective 4 November 2024. As head of the association’s European office based in Brussels, Maubanc is responsible for driving advocacy efforts on behalf of CLIA-member cruise lines operating in Europe and championing policies that support the sector’s energy transition in pursuit of net-zero emissions by 2050, as well as the cruise industry’s engagement with ports and destinations that prioritize, support and promote responsible growth.In addition to his prior experience leading an industry trade association, Maubanc has nearly two decades of experience in EU […] - [Global Port Leaders Unite on Decarbonization Insights in New White Paper, Highlighting Digitalization's Immediate Impact](https://nafsgreen.gr/global-port-leaders-unite-on-decarbonization-insights-in-new-white-paper-highlighting-digitalizations-immediate-impact/): Powered by PortXchange and endorsed by Green Marine, PortXchange has released a new white paper, Collaborative Partnerships for Effective Maritime Decarbonization – A White Paper for Global Port Leaders, authored by Professor Dr. Beatriz Canamary. This publication marks a significant advancement in the pursuit of maritime decarbonization, bringing together the insights and experiences of industry leaders committed to reducing emissions in port operations. The white paper explores best practices, potential collaborations, and pitfalls encountered by port leaders on their journey to a decarbonized future.The white paper draws from discussions at the Collaborative Partnerships for Effective Maritime Decarbonization Leadership two roundtable. These […] - [Damen ASD Tug 3212, MULTRATUG 36, is the newest addition to Multraship’s fleet ](https://nafsgreen.gr/damen-asd-tug-3212-multratug-36-is-the-newest-addition-to-multraships-fleet/): Multraship Towage & Salvage held a christening ceremony on Friday, 1 November, to name their newest tug, MULTRATUG 36, in the port of Terneuzen, the Netherlands. The vessel is a Damen ASD Tug 3212. MULTRATUG 36 is the latest delivery from the order of three tugs Multraship placed with Damen to expand its fleet further to meet additional customer and project requirements. Jacqueline Pey, the spouse of Chris Pey, Multraship’s Senior Commercial Manager, did the honours and wished the tug and her crew fair winds and following seas. The christening coincided with Multraship’s 40th Anniversary. The Muller family has been involved […] - [Costis Frangoulis was recognized as the 2024 International Member of the Year by the International Propeller Club](https://nafsgreen.gr/costis-frangoulis-was-recognized-as-the-2024-international-member-of-the-year-by-the-international-propeller-club/): Costis Frangoulis, Founder of Franman, President of the Propeller Club, Port of Piraeus, and 1st Vice-President of the International Propeller Club, was awarded the title of the 2024 International Propeller Club Member of the Year. The award was presented at the organization’s annual convention held in Tampa, Florida US, on October 25th.

This award recognizes his dedication and contribution to the shipping industry, through his leadership of Franman, as well as his impactful role as President of the Propeller Club, Port of Piraeus and Vice-President of the International Propeller Club.Costis Frangoulis founded Franman in 1991, introducing successfully the “one-stop-shop” philosophy to the Greek shipping market. Over […] - [OceanScore – Represented by Oriani Hellas - Engages Greek Shipping Community in Key Discussions on FuelEU and Sustainability at Two Major Events in Athens](https://nafsgreen.gr/oceanscore-represented-by-oriani-hellas-engages-greek-shipping-community-in-key-discussions-on-fueleu-and-sustainability-at-two-major-events-in-athens/): OceanScore reaffirmed its commitment to the Greek maritime industry by actively participating in two prominent events in Athens, to share latest insights into FuelEU, as well as conducting on-site workshops with clients to transfer practical knowledge and best practices. As the shipping industry prepares for the upcoming FuelEU Maritime regulations that come into effect 1 Jan 2025, OceanScore is leading the conversation on the regulatory landscape, preparations needed, and the commercial opportunities that lie ahead. The first event, Marine Money Athens, took place on October 15. Ralf Garrn, OceanScore’s Co- Managing Director delivered an insightful presentation on the commercial and financial […] - [European Space Agency launches the DECARDIS project with Awake.AI, ABB and Wallenius Marine to optimize ship-port operations](https://nafsgreen.gr/european-space-agency-launches-the-decardis-project-with-awake-ai-abb-and-wallenius-marine-to-optimize-ship-port-operations/): The European Space Agency (ESA) has initiated a new flagship project, Decarbonization through the Digitalization in Shipping (DECARDIS), together with optimization platform company Awake.AI, technology leader ABB and shipping company Wallenius Marine. The consortium, funded by ESA and led by Awake.AI, will collaborate on a port call optimization solution, which focuses on helping ships cut greenhouse gas emissions by overcoming inefficiencies in the ship-port interaction. Despite huge strides in smart ship technology and high levels of port automation, relationships between port and ship systems lack transparency, with data on voyage and berth management often confined to closed platforms. Ships told to […] - [Lloyd’s Register and Hyundai Heavy Industries announce Approval in Principle for new ammonia duel-fuel container ship](https://nafsgreen.gr/lloyds-register-and-hyundai-heavy-industries-announce-approval-in-principle-for-new-ammonia-duel-fuel-container-ship/): Lloyd’s Register (LR) and HD Hyundai Heavy Industries (HHI) have signed a joint development project (JDP) for approval in principle (AiP) for a 15,300 TEU Class ammonia powered dual-fuel container ship.   As the shipping industry strives to reduce its environmental impact, the potential of ammonia as fuel in shipping has emerged as a potential low-carbon option due to its zero carbon emissions when burned. However, challenges remain, particularly due to the inherent toxicity of ammonia, which has slowed its widespread adoption as a dual-fuel option in various ship types.  Under the agreement, HHI has developed a twin skeg design for […] - [Shipping is Entering the Fifth Industrial Revolution, Says ABS Chairman and CEO](https://nafsgreen.gr/shipping-is-entering-the-fifth-industrial-revolution-says-abs-chairman-and-ceo/): “Maritime 5.0 will be defined by the ever-expanding capabilities of artificial intelligence, driving our complex industry to be safer, more efficient and more optimized, while emphasizing the increasing importance of the humans in the loop.”That was the message from Christopher J. Wiernicki, ABS Chairman and CEO, as he delivered the guest lecture for the National University Singapore’s Master of Science in Maritime Technology and Management program.In a wide-ranging lecture detailing how maritime moves and shapes the world as well as exploring the challenges and disruptive technologies driving rapid change in shipping, he explained how the industry is an interconnected system of […] - [Bureau Veritas calls for greater regulatory clarity on Wind Propulsion Technology following the release of new technology report](https://nafsgreen.gr/bureau-veritas-calls-for-greater-regulatory-clarity-on-wind-propulsion-technology-following-the-release-of-new-technology-report/): Bureau Veritas Marine & Offshore (BV), a global leader in testing, inspection, and certification (TIC), announced the publication of their latest technology report, Wind Propulsion Technology Report, which details the technology systems that are available, their viability, as well as the various challenges that inhibit the adoption of wind propulsion systems at scale.

 The report underscores the significant growth potential within the sector and the important role that wind propulsion technologies will play in the shipping industry’s decarbonization transition. With safety measures representing a clear concern for widespread adoption of the technology, BV already leads the space in developing Rules for […] - [Christos Stylianides: “The sea does not divide us; it unites us.”](https://nafsgreen.gr/christos-stylianides-the-sea-does-not-divide-us-it-unites-us-2/): The message that “the sea does not divide us; it unites us” was conveyed from Cyprus by the Greek Minister of Shipping and Island Policy, Christos Stylianides, during his official visit on October 18-19, 2024. Mr. Stylianides and the Greek delegation held a working meeting with the Minister of Transport, Communications and Works of the Republic of Cyprus, Mr. Alexis Vafeades, and the Deputy Minister of Shipping, Ms. Marina Hatzimanoli. The two delegations agreed to strengthen Greece-Cyprus cooperation in the Ports sector, particularly within the framework of the Trans-European Transport Network and maritime corridors. During the visit, the Minister attended the […] - [ABS Delivers Comprehensive Ammonia Dispersion Safety Evaluation to Hanwha Ocean](https://nafsgreen.gr/abs-delivers-comprehensive-ammonia-dispersion-safety-evaluation-to-hanwha-ocean/): ABS has completed an industry-leading safety evaluation of ammonia dispersion on board an ammonia-fueled gas turbine LNG carrier design from Hanwha Ocean. ABS, in collaboration with Hanwha Ocean, conducted computational fluid dynamics simulations that modeled different ammonia release scenarios due to accidental leakages from the engine room, the pipeline and the bunkering stations on deck. The study is one of the most comprehensive in the industry, using multiple ammonia release scenarios.The analyses found that the system complied with applicable ABS Rules regarding the toxicity and risks of accumulated ammonia gas. The three-dimensional, high-fidelity simulation results can also help Hanwha Ocean with […] - [Moore Maritime Index (MMI) 2024](https://nafsgreen.gr/moore-maritime-index-mmi-2024-2/): Moore Maritime Index (MMI), a database that contains operating costs and revenues from more than 1,500 vessels, has been updated and is available with the 2023 data. The data comes from audited financial statements of ship owning companies and therefore, the results produced by the Index show the “real world” of financial performance of the shipping industry. The main takeaways are:– In dry bulk carriers, the level of the total operating expenses remained at similar levels compared to 2022, with the only exception being Capesize vessels which showed an increase of 7%. Specifically, there was an increase in insurance costs, in repairs […] - [WISTA International marks 50th anniversary with Cyprus celebration and calls for continuing change in shipping](https://nafsgreen.gr/wista-international-marks-50th-anniversary-with-cyprus-celebration-and-calls-for-continuing-change-in-shipping/): WISTA International AGM and Conference 2024, which took place 9–11 October in Limassol, Cyprus, marked the association’s 50th anniversary with a memorable programme, three new national associations, the announcement of a new Equity Fund and a broadening of objectives.  Bringing together over 350 delegates from all sectors of maritime, trading, and logistics, the event was notable for being the first WISTA conference attended by a national leader, with Nikos Christodoulides, President of the Republic of Cyprus, delivering the first keynote address. Highlighting the strong contribution shipping makes to the Cyprus economy, Christodoulides described gender equality as “an integral part of sustainable […] - [LALIZAS Εxpands Its Commercial Presence in the Americas: New Branch in Canada](https://nafsgreen.gr/lalizas-%ce%b5xpands-its-commercial-presence-in-the-americas-new-branch-in-canada/): A few months after the announcement of the acquisition of REVERE Survival in Jacksonville, LALIZAS is pleased to announce another significant expansion: the establishment of LALIZAS Canada. This new branch will enhance the company’s presence in the Americas. LALIZAS is a family owned company, whose vision is to produce high quality products that ensure safety at sea, and distribute them in international markets through its well‐established distribution network. The manufacturer currently owns 10 branches in Spain, Italy, Croatia, Montenegro, the UK, Turkey, China, the UAE, South Africa, and the USA, having a commercial presence in over 130 countries and more than 40 […] - [14th Annual Capital Link Operational Excellence in Shipping Forum](https://nafsgreen.gr/14th-annual-capital-link-operational-excellence-in-shipping-forum/): Capital Link organized the “14th Annual Capital Link Operational Excellence in Shipping Forum – Best Industry Practices – Building Long Term Value Through Sustainability”, on Tuesday, September 24, 2024, at the Athenaeum Intercontinental Athens hotel in Athens, with great success, attracting a wide audience from both Greek and the international shipping industry. This year’s conference also featured prominent figures and senior executives from the shipping industry, who discussed the most pressing issues facing the sector. Best practices in critical areas such as decarbonization in shipping, ship and crew safety, and the digitalization of the industry were the main topics of discussions […] - [IMO makes progress on net-zero framework for shipping](https://nafsgreen.gr/imo-makes-progress-on-net-zero-framework-for-shipping/): Marine Environment Protection Committee advances talks on proposed regulations for cutting GHG emissions from ships. The International Maritime Organization (IMO) has achieved key progress in negotiations towards a set of binding global regulations on the IMO net-zero framework, aimed at achieving the greenhouse gas (GHG) reduction objectives set out in the 2023 IMO Strategy on Reduction of GHG Emissions from Ships. At the conclusion of the 82nd session of IMO’s Marine Environment Protection Committee held 30 September to 4 October 2024, Member States had identified further areas of convergence in their positions. They produced a draft legal text to use as a […] - [Hoppe Marine and Metis cooperate in the field of cloud-based real-time fleet optimization](https://nafsgreen.gr/hoppe-marine-and-metis-cooperate-in-the-field-of-cloud-based-real-time-fleet-optimization/): Hoppe Marine GmbH (Germany) and Metis (Greece) have entered into a strategic cooperation in the field of onboard Data Acquisition. More specifically the cooperation ensures the seamless integration of Hoppe’s data collection systems with the Metis cloud- based performance management platform. This partnership aims to expand the use of high-frequency data analytics in vessel performance management, offering customers greater flexibility for real-time monitoring and strategic decision-making. The agreement was formalized during the SMM exhibition, with Panos Theodossopoulos (CEO, Metis) and Hauke Hendricks (Head of Sales, Hoppe Marine) representing their respective companies. Hauke Hendricks emphasizes: “Hoppe‘s strength, the precise data collection on board […] - [Tototheo Global expands into Turkey, strengthening its reach to neighboring maritime markets](https://nafsgreen.gr/tototheo-global-expands-into-turkey-strengthening-its-reach-to-neighboring-maritime-markets/): Tototheo Global has expanded its presence in the region by opening a new office in Istanbul, establishing a regional hub for delivering its solutions and services to maritime companies operating in the shipping corridors throughout the Black Sea and Middle East.  This expansion marks a significant milestone in Tototheo Global’s continued international growth. Through its investment, the company is better positioned to meet growing demand throughout the region for advanced technology services. Leveraging its extensive technical expertise, Tototheo Global offers a comprehensive range of solutions, from advanced connectivity and navigation systems to cybersecurity and regulatory compliance services. These offerings are designed […] - [Samsung Heavy Industries’ Floating CO2 Storage Unit (FCSU) design receives Approval in Principle from Bureau Veritas](https://nafsgreen.gr/samsung-heavy-industries-floating-co2-storage-unit-fcsu-design-receives-approval-in-principle-from-bureau-veritas/): Samsung Heavy Industries Co., Ltd.(SHI), one of the world’s largest shipbuilders, has been awarded an Approval in Principle (AiP) for its Floating CO2 Storage Unit (FCSU) design from Bureau Veritas (BV), a global leader in testing, inspection and certification. This recognition marks a significant milestone in the development of carbon capture and storage technology.

The AiP certificate was presented to Haeki Jang, Chief Technical Officer of SHI, by Matthieu De Tugny, President of Bureau Veritas Marine & Offshore, during a ceremony at Gastech 2024.

The floating CO2 storage unit features a free-form pressure tank design, equipped with Lattice Pressure Vessel for CO2 storage […] - [Accelleron strengthens presence in Asia](https://nafsgreen.gr/accelleron-strengthens-presence-in-asia/): Accelleron has signed a contract manufacturing agreement with HD Hyundai, through its subsidiary HD Hyundai Marine Engine, for the manufacture of turbochargers in Korea. The move strengthens Accelleron’s position in the Asian market.The contract will see HD Hyundai Marine Engine take on the manufacture of Accelleron’s large A100-M radial turbochargers at its facility in Korea for the demand of HD Hyundai Group and other engine builders.The partnership will build on Accelleron’s existing manufacturing capabilities in Switzerland, while lowering lead times and transportation costs for customers in the Asian market.Christoph Rofka, division president of the Medium and Low-Speed products at Accelleron, said: […] - [ABS Approves Liquefied Hydrogen Carrier Design from Samsung Heavy Industries](https://nafsgreen.gr/abs-approves-liquefied-hydrogen-carrier-design-from-samsung-heavy-industries/): ABS issued general design approval (GDA) to Samsung Heavy Industries Co., LTD. (SHI) for its detailed design of a liquefied hydrogen carrier. The 20,000 cbm vessel features Type C tanks. ABS completed design reviews based on class and statutory requirements.“Hydrogen is a key enabler of the clean energy economy. In decarbonizing different industry sectors, hydrogen plays critical roles as a fuel, feedstock, energy storage and load balancing. As the demand for hydrogen grows, vessels like the design from SHI will be critical for its transportation and development of the hydrogen value chain,” said Gareth Burton, ABS Senior Vice President, Global Engineering.“Through […] - [ABS Approves New Autonomous Technologies from HD Hyundai for Ammonia-Fueled Ships](https://nafsgreen.gr/abs-approves-new-autonomous-technologies-from-hd-hyundai-for-ammonia-fueled-ships/): At Gastech 2024, ABS awarded approval in principle for two new autonomous technologies from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HHI). • Unmanned Ammonia Engine Room for Ammonia-Fueled Ship• Artificial Intelligence (AI) Safety Package for Unmanned Engine Room for Ammonia-Fueled ShipThe AIPs are the culmination of a joint development project, part of a comprehensive memorandum of understanding between ABS and HD Hyundai to advance the development of autonomous navigation technology into critical vessel machinery and safety systems.“This is another exciting milestone for ABS and HD Hyundai. Our work together continues to make significant steps […] - [Mitsubishi Shipbuilding and Bureau Veritas Collaborate on Advanced 3D Model-Based Classification Project](https://nafsgreen.gr/mitsubishi-shipbuilding-and-bureau-veritas-collaborate-on-advanced-3d-model-based-classification-project/): Bureau Veritas (BV), a global leader in testing, inspection and certification (TIC), and Mitsubishi Shipbuilding (MSB), part of Mitsubishi Heavy Industries (MHI) Group, have completed a Joint Development Project (JDP) to implement 3D model-based approvals. This collaboration marks Mitsubishi Shipbuilding’s first application of a 3D classification approach, streamlining its design processes through digital innovation. BV presented the JDP completion letter to MSB during the 2024 Gastech conference in Houston.
 
The project has significantly enhanced the design approval process by replacing traditional 2D drawings with a detailed 3D digital mock-up from the designers. This new approach reduces the need for multiple 2D conversions, […] - [Liquefied CO2 Cargo Containment System Earns ABS Approval](https://nafsgreen.gr/liquefied-co2-cargo-containment-system-earns-abs-approval/): ABS granted an approval in principle (AIP) to HD Hyundai Mipo (HMD) for its design of a liquefied carbon dioxide (LCO2) carrier. Presented at Gastech 2024, the AIP represented the culmination of a joint development project between ABS and HMD.HMD developed a cargo containment system optimized for a 35,000 cbm LCO2 carrier using new cargo tank materials. ABS completed design reviews based on class and statutory requirements for liquefied gas carriers.“Capturing and transporting carbon are key components in the carbon value chain for the global energy transition. ABS understands that these efforts require collaboration, and we are delighted to work with […] - [LR awards Approval in Principle to Seaspan Corporation for a next generation feeder with ammonia-powered propulsion](https://nafsgreen.gr/lr-awards-approval-in-principle-to-seaspan-corporation-for-a-next-generation-feeder-with-ammonia-powered-propulsion/): Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Seaspan Corporation for its innovative dual-fuel ammonia-powered next generation feeder ship design. The 3,100 TEU nominal vessel, measuring 198 m in length and developed by TECHNOLOG will burn ammonia in its two-stroke main propulsion engine. The project expands on a previous AiP announced in May, for an LNG-powered vessel design of the same specifications and also designed by TECHNOLOG, that can transition to ammonia during its operational lifecycle.Completion of the AiP process for the ammonia-powered feeder ship design underscores Seaspan’s commitment across the containership fleet, in this case addressing the intrinsic need […] - [ABS Signs MOU with HD KSOE to Advance Zero-Carbon Ships](https://nafsgreen.gr/abs-signs-mou-with-hd-ksoe-to-advance-zero-carbon-ships/): Enhancing their collaboration on cutting-edge marine and technology projects, ABS and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) signed a memorandum of understanding (MOU) to advance the development and certification of innovative systems for next-generation, zero-carbon ships. Representatives from both companies met at Gastech 2024 for the signing ceremony. Entitled “Cooperation on the Advanced Zero-Carbon Ships,” the MOU focuses on integrating advanced technologies in three main areas:• A novel LNG cargo handling system that utilizes full re-liquefaction system to suppress boil-off gas (BOG) for zero-carbon LNG carriers• A comprehensive ammonia fuel supply system including pressure control for large commercial vessels• […] - [New guide to reducing GHG emissions in shipping launched by ICS](https://nafsgreen.gr/new-guide-to-reducing-ghg-emissions-in-shipping-launched-by-ics/): With increasing requirements to reduce GHG emissions in shipping, The International Chamber of Shipping (ICS) Publications has released the second edition of Reducing Greenhouse Gas Emissions: A Guide to International Regulatory Compliance. This extensively updated resource provides shipowners, operators and managers with essential guidance on navigating the increasingly complex regulatory landscape of maritime decarbonisation. Chris Waddington, Technical Director at ICS and contributor to the guide, stated: “This updated edition comes at a critical juncture for the shipping industry. The new chapter on EU ETS addresses one of the most pressing and challenging topics in maritime regulation today, providing clarity on its current […] - [Alfa Laval secures major order for ballast water management system replacements](https://nafsgreen.gr/alfa-laval-secures-major-order-for-ballast-water-management-system-replacements/): Alfa Laval has received an order to replace 18 ballast water treatment systems (BWMS) onboard vessels belonging to a major European shipowner. This significant order shows the high demand for the replacement of malfunctioning systems and a growing market for Alfa Laval’s BWMS replacement offering.Strict regulations and frequent controls are driving shipping companies to ensure their ballast water treatment systems are fully operational to avoid high costs, downtime, and potential business losses. As the majority of the world fleet is now equipped, the BWMS retrofit market is nearing saturation. Many suppliers have reduced their commitment to customers or exited the market […] - [Multidimensional Safety and the Cost of Compliance in Focus at the ABS UK National Committee](https://nafsgreen.gr/multidimensional-safety-and-the-cost-of-compliance-in-focus-at-the-abs-uk-national-committee/): The future of safety and the cost of compliance led the discussion at the ABS UK National Committee as well as retrofits, carbon capture, energy efficiency technologies and updates on cutting-edge joint development projects. Maritime industry leaders from across the industry heard the latest analysis from ABS specialists on key regulatory, sustainability, technology and market factors driving disruptive change throughout the global industry.“We are seeing the emergence of a new language of shipping, new relationships, new boundary conditions and new global shipping shapers driven by decarbonization and digitalization. ABS is really zeroed in on the unintended consequences of this rapid change,” […] - [Certification of C&A Stavros Kassidiaris S.A. for the manufacture of 4.000A Power Panels](https://nafsgreen.gr/certification-of-ca-stavros-kassidiaris-s-a-for-the-manufacture-of-4-000a-power-panels/): Since 1978, C&A Stavros Kasidiaris S.A. has been a leading company in the field of automation and power systems, acting both as an exclusive representative of international brands and as a manufacturer of high-demand products. All products designed and produced by C&A comply with the applicable quality, safety, and performance standards, and the company ensures continuous monitoring of their compliance. As part of its regular updates to the quality and durability of its constructions, C&A Stavros Kasidiaris S.A. has undergone a series of extensive tests and inspections conducted by accredited laboratories, KDEP (Testing Research and Standards Center) and LABOR SA, in […] - [Digitalization, Data and AI are Creating a New Equation for a New Safety Protection Frontier at Sea Says ABS Chairman and CEO](https://nafsgreen.gr/digitalization-data-and-ai-are-creating-a-new-equation-for-a-new-safety-protection-frontier-at-sea-says-abs-chairman-and-ceo/): Data, digital twins and artificial intelligence are going to reshape everything in maritime from regulation to operating procedures challenging the industry to respond to a new safety protection frontier. That was the message from Christopher J. Wiernicki, ABS Chairman and CEO in a wide-ranging keynote address at the Capital Link Shipping and Marine Services Forum in London.“AI’s ability to generate real time insights, risk assessments and behavior monitoring will improve hazard detection through visualization. Digital twins will be used to provide an operational representation of current performance and to project forward. This predictive ability allows us to tackle the major boundary […] - [Lloyd's Register commissioned research reveals the rapid rise of AI in maritime](https://nafsgreen.gr/lloyds-register-commissioned-research-reveals-the-rapid-rise-of-ai-in-maritime/): New research estimates that the maritime artificial intelligence (AI) market is now valued at USD $4.13 billion, with a projected five-year compound annual growth rate of 23%. This marks a substantial increase from last year’s valuation of USD $1.47 billion, underscoring the rapid adoption of AI technologies across the sector, according to the Beyond the Horizon: Opportunities and Obstacles in the Maritime AI Boom report by Thetius. The report identifies 36 shipping companies that have implemented or plan to deploy AI-enabled technologies within the past year. Small-and medium-sized entities (SMEs), which make up 63% of AI technology suppliers, have played a […] - [Regulatory Realities and Near-Term Opportunities in the Energy Transition Explored at Annual ABS Sustainability Summit](https://nafsgreen.gr/regulatory-realities-and-near-term-opportunities-in-the-energy-transition-explored-at-annual-abs-sustainability-summit/): With Fuel EU Maritime already impacting shipowners, energy efficiency and fleet-wide pooling are critical to short term sustainability success according to leading industry figures at the annual ABS Sustainability Summit, which kicked off the SMM Exhibition in Hamburg. In a wide-ranging keynote, Navigator Gas CEO Mads Peter Zacho was positive about the progress of the transition, describing it as a business opportunity and said he welcomes the prospect of a carbon levy.He said: “Climate change is not slowing down; it is accelerating, which means we need to move faster in the shipping industry. What the IMO will bring after MEPC 82 […] - [DESMI introduces comprehensive ballast water testing services](https://nafsgreen.gr/desmi-introduces-comprehensive-ballast-water-testing-services/): DESMI is proud to announce the addition of advanced ballast water testing services to its extensive service palette. When you need to verify the quality of your ballast water onboard to comply with the Ballast Water Discharge Standard, DESMI now offers comprehensive testing, analysis, and evaluation to ensure you can sail smoothly and safely.On September 4th, DESMI signed a contract with Eurofins Maritime Services, a part of the leading international group of Eurofins-laboratories renowned for their wide range of analytical testing services across various industries, including the marine sector. The contract was finalized during the prestigious SMM marine event in Hamburg, […] - [Alfa Laval receives Approval in Principle for its Gas Combustion Unit for hydrogen ](https://nafsgreen.gr/alfa-laval-receives-approval-in-principle-for-its-gas-combustion-unit-for-hydrogen/): Alfa Laval has achieved a significant milestone in the development of its Gas Combustion Unit (GCU) technology for hydrogen boil-off gas, having received Approval in Principle (AiP) from the classification society DNV. A key step towards enabling safe hydrogen transportation Alfa Laval has been granted Approval in Principle from DNV for its Gas Combustion Unit (GCU) to be used on liquid hydrogen carriers. The AiP affirms the technical feasibility and safety mechanism of the GCU design and concept.  The boil-off gas technology is essential for liquid hydrogen carriers, as venting cargo is restricted and a GCU is needed to control tank […] - [10 Years of Celebration for Golf and Maritime at the Greek Maritime Golf Event](https://nafsgreen.gr/10-years-of-celebration-for-golf-and-maritime-at-the-greek-maritime-golf-event/): Golf and maritime have journeyed together for the last 10 years in an effort to highlight the great Olympic sport and support non-profit organizations that truly need help. Greece’s top golf tournament, the Greek Maritime Golf Event, celebrated its 10th anniversary by hosting leading global maritime executives for three days at Costa Navarino, where they enjoyed superb weather as their ally.The Greek Maritime Golf Event took place on September 5-8, 2024, featuring a rich program filled with golf and parallel activities. Competitive Action with a View of the Ionian SeaGreek Maritime Golf Event gathered more than 90 top maritime executives, forming […] - [Alfa Laval enabling a safe ammonia-fuelled future with its innovative solutions](https://nafsgreen.gr/alfa-laval-enabling-a-safe-ammonia-fuelled-future-with-its-innovative-solutions/): As the shipping industry transitions to cleaner fuels, ammonia as marine fuel is gaining momentum. Alfa Laval is at the forefront of enabling this shift. Through research, product development, and strategic partnerships, the company is building the expertise and solutions needed for a safe and efficient transition to alternative fuels. Addressing challenges with an innovative portfolioThe unique properties of ammonia, including its low flash point, high toxicity, and low calorific value, pose distinct challenges for its use as a fuel. Ammonia-fuelled ships require advanced systems for tank containment, boil-off management, fuel supply, and purge/vent control. Drawing on its extensive expertise with fuels […] - [Bureau Veritas streamlines vessel and  fleet compliance and performance with the launch of its new smart hub, MOVE](https://nafsgreen.gr/bureau-veritas-streamlines-vessel-and-fleet-compliance-and-performance-with-the-launch-of-its-new-smart-hub-move/): Bureau Veritas Marine & Offshore (BV M&O) has launched a new smart hub, “MOVE by Bureau Veritas”, at the SMM maritime conference in Hamburg, Germany. Currently available for shipowners, MOVE is designed to integrate various maritime digital applications, helping reduce operational complexity by enabling fast, informed decision-making on asset compliance and performance.

MOVE offers shipowners a streamlined classification experience, allowing them to manage their fleet throughout their lifecycle, and analyze data from a single interface. This will enable users to manage their assets throughout early design, construction and operation.
 
MOVE is highly customizable and can be adapted to a client’s individual specifications, whilst […] - [ERMA FIRST Joins Forces With HELMEPA, Municipality Of Perama And Local Community In Major Clean-Up Of Perama Beach](https://nafsgreen.gr/erma-first-joins-forces-with-helmepa-municipality-of-perama-and-local-community-in-major-clean-up-of-perama-beach/): ERMA FIRST, a leading sustainable maritime solutions provider, has teamed up with Hellenic Marine Environment Protection Association (HELMEPA), the Municipality of Perama and the local community to clean up Perama Beach as part of the company’s wide-ranging Corporate Social Responsibility (CSR) strategy. The event, which took place on 30 August 2024, saw over 80 participants collaborate to clear over 30 large refuse bags’ worth of recyclable and non-recyclable litter from the Perama coastline. Employees of ERMA FIRST, Environmental Protection Engineering (EPE), EPE Yachting, and Metis were joined by members of the local community; representatives of the Municipality of Perama including Mr […] - [Liberian Registry Issues Design Verification Assessment for HD Korea Shipbuilding & Offshore Engineering High-Pressure Pump for LNG Fuel Gas Supply Systems](https://nafsgreen.gr/liberian-registry-issues-design-verification-assessment-for-hd-korea-shipbuilding-offshore-engineering-high-pressure-pump-for-lng-fuel-gas-supply-systems/): The Liberian Registry is proud to announce HD Korea Shipbuilding & Offshore Engineering’s (KSOE) SD Business Division has been awarded with a Design Verification Assessment (DVA) from the Liberian Registry and has obtained a Product Design Assessment (PDA) certification from the American Bureau of Shipping (ABS) for its high-pressure pump, a key component of LNG Fuel Gas Supply Systems (FGSS). The high-pressure pump used in LNG FGSS was previously imported entirely from the United States and Europe, leading to a high dependency on external suppliers. This often resulted in issues related to technical services and delivery delays when problems occurred. HD […] - [Extension Of Contract For Passenger Maritime Link Between Cyprus And Greece For A Further 3 Years](https://nafsgreen.gr/extension-of-contract-for-passenger-maritime-link-between-cyprus-and-greece-for-a-further-3-years/): The Shipping Deputy Ministry announces that the Council of Ministers has approved the extension of the Contract for the Passenger Maritime Link between Cyprus and Greece for a further 3 years (2025, 2026, 2027), after evaluating the performance indicators, based on the number of passengers carried from 2022 until today. The Cyprus – Greece Passenger Maritime Link was embraced from the first year by the public with great success, exceeding all expectations, creating a new tourist market for travellers wishing to travel to and from Cyprus and the rest of continental Europe with their private cars and motorcycles. The Shipping Deputy […] - [Accelleron to acquire True North Marine, to strengthen digital offering](https://nafsgreen.gr/accelleron-to-acquire-true-north-marine-to-strengthen-digital-offering/): Accelleron announced that it has entered into an agreement to acquire True North Marine (TNM), established in 2013 and headquartered in Montreal, Canada. TNM provides weather routing guidance and voyage optimization, including consulting services from pre-voyage estimates to post-voyage claims, ensuring safe navigation and cost-efficient execution of voyages. TNM are experts in assessing voyage performance according to charter party agreements on fuel consumption, emissions, and other operational criteria. TNM has grown rapidly in the past 10 years, and today has 50 employees and regional representation in the UK, India, China, and Greece. The company has a global customer base of around […] - [LR and CORE POWER to conduct next-generation nuclear container ship regulatory study](https://nafsgreen.gr/lr-and-core-power-to-conduct-next-generation-nuclear-container-ship-regulatory-study/): Lloyd’s Register (LR) and CORE POWER have launched a joint regulatory assessment study to conduct research on the regulatory feasibility and frameworks that would need to be established for a nuclear container ship using a fourth-generation reactor noted for its high inherent safety to undertake cargo operations at a port in Europe. Following initial planning, the industry leaders, who are joined by A.P. Moller – Maersk (Maersk), have formalised their collaboration through the signing of a joint development project agreement to undertake the study. The joint study will investigate the requirements for updated safety rules along with the improved operational and regulatory […] - [Headway Unveils Future-Proof Carbon Value Chain in SMM 2024](https://nafsgreen.gr/headway-unveils-future-proof-carbon-value-chain-in-smm-2024/): Headway Technology Group, a global leader in low-carbon shipping solutions, showcased its innovative carbon cycle value chain at the “Shipowners Forum Germany 2024”, held by TradeWinds on the first day of SMM 2024. At the forum, Headway engaged in fruitful discussions with key industry players, including representatives from the International Maritime Organization (IMO), German Shipowners’ Association, DNV, Mærsk, Hapag-Lloyd, Norden, and others. The company emphasized its commitment to advancing sustainable shipping practices and explored potential collaborations for decarbonization initiatives.During his speech, Mr. Kechao Lu, Director of Headway’s Strategy & Development Department, outlined Headway’s comprehensive approach to addressing the challenges of green […] - [Bureau Veritas Marine & Offshore makes key leadership appointments](https://nafsgreen.gr/bureau-veritas-marine-offshore-makes-key-leadership-appointments/): Bureau Veritas Marine & Offshore has announced key leadership appointments in new operational areas and at its Paris head office to drive its LEAP | 28 strategy. The move will strengthen BV’s management presence in the key maritime hubs of London, Athens and Shanghai.

Three Senior Vice Presidents have been appointed in a redesigned operational structure.

David Barrow is responsible for Western Europe and Americas (WEA), based in London. Previously based in Singapore, David has over thirty-five years of experience in the maritime sector, including in business development and innovation management.

Athens-based, Paillette Palaiologou is now the head of Eastern Europe, Mediterranean Sea, Middle […] - [Cruise Lines International Association (CLIA) meets the Minister of Maritime Affairs & Insular Policy of Greece](https://nafsgreen.gr/cruise-lines-international-association-clia-meets-the-minister-of-maritime-affairs-insular-policy-of-greece/): Represented by Marie-Caroline Laurent, Director General of CLIA in Europe, and Maria Deligianni, CLIA’s Regional Director for the Eastern Mediterranean, CLIA met Mr. Christos Stylianides, Minister of Maritime Affairs and Insular Policy of Greece. The meeting reaffirmed the constructive dialogue between CLIA and the Ministry and a mutual commitment to cooperate towards the sustainable development of the cruising industry in Greece.“Greece is a destination cruise market of major importance in Europe, and we wish to continue working together with the Greek government to protect the country’s uniqueness, to be a great place to live and to travel. Concretely, we first recognized […] - [World Maritime Day theme 2025: Our Ocean - Our Obligation - Our Opportunity](https://nafsgreen.gr/world-maritime-day-theme-2025-our-ocean-our-obligation-our-opportunity/): “Our Ocean – Our Obligation – Our Opportunity” has been selected as the International Maritime Organization’s World Maritime Day theme for 2025, which will culminate in the celebration of World Maritime Day on 25 September 2025. The IMO Council, meeting for its 132nd session, endorsed the theme following a proposal by IMO Secretary-General Mr. Arsenio Dominguez.The theme reflects the ocean’s vital role in the world economy, with more than 80% of global trade transported by sea. The ocean is a source of jobs and food for millions of people, a home for countless marine species, and a regulator of the planet’s […] - [Technology Innovators RINA and ROTOBOOST join SEA-LNG](https://nafsgreen.gr/technology-innovators-rina-and-rotoboost-join-sea-lng/): RINA, a world-leading inspection, certification and consulting engineering multinational and ROTOBOOST, a global hydrogen technology company, have joined the SEA-LNG coalition – further boosting SEA-LNG’s global reach and expertise across the LNG value chain. RINA plays a significant role in the LNG industry. Previously, it has carried out technology qualification, surveying during construction and classification of the first offshore Floating Storage Regasification Unit (FSRU). RINA has also classified the world’s first LNG-fuelled cruise ship and participated in various international research studies on using LNG as a marine fuel. RINA recently announced a contract for the design, approval and construction supervision of […] - [The Schedule of the Anniversary Greek Maritime Golf Event 2024](https://nafsgreen.gr/the-schedule-of-the-anniversary-greek-maritime-golf-event-2024/): 10 Years Celebration of Golf & Maritime The premier golf event, Greek Maritime Golf Event, is gearing up for its 10th anniversary year, set to take place on September 5-8, 2024, at Costa Navarino, in Messinia. The event will feature a rich schedule filled with golf and parallel activities for the executives of the Greek and global maritime industry. Golf against the background of the endless blue of the Ionian Sea  Greek Maritime Golf Event is expected to gather more than 80 senior maritime executives, forming teams of four. Golfers will compete at the golf courses of Costa Navarino, awarded as the “World’s Best Golf Venue” at the 2023 World Golf Awards. […] - [10 Years Celebration of Golf & Maritime](https://nafsgreen.gr/10-years-celebration-of-golf-maritime/): The premier golf event, Greek Maritime Golf Event, is gearing up for its 10th anniversary year, set to take place on September 5-8, 2024, at Costa Navarino, in Messinia. The event will feature a rich schedule filled with golf and parallel activities for the executives of the Greek and global maritime industry. Golf against the background of the endless blue of the Ionian SeaGreek Maritime Golf Event is expected to gather more than 80 senior maritime executives, forming teams of four. Golfers will compete at the golf courses of Costa Navarino, awarded as the “World’s Best Golf Venue” at the 2023 […] - [ABS and KRISO to Advance SMR-Powered Vessels and Floating Power Generation Platforms](https://nafsgreen.gr/abs-and-kriso-to-advance-smr-powered-vessels-and-floating-power-generation-platforms/): ABS and the Korea Research Institute of Ships and Ocean Engineering (KRISO) are working together to advance commercial small modular reactor (SMR)-powered ships and floating SMR power generation platforms. ABS will provide analysis of applicable regulatory guidelines and international standards for the design of SMR-powered ships.KRISO will develop core technologies for SMR-powered ships, including conceptual designs for the vessel and propulsion systems as well as the development of a framework for integrated ship, nuclear power safety analysis. In addition, KRISO will design a floating SMR power generation platform, a nuclear power plant on the sea, along with a commercialization model that […] - [ABS to Explore Rapid Verification and Validation of Additive Manufactured Parts](https://nafsgreen.gr/abs-to-explore-rapid-verification-and-validation-of-additive-manufactured-parts/): ABS and the Maritime and Port Authority of Singapore (MPA) are working together to develop a model-based additive manufacturing (AM) qualification framework for the maritime industry with the aim to reduce lead time and cost for AM part approvals. Traditional manufacturing processes rely on physical tests for verification and validation of their mechanical performance, including test coupons, specimens and prototype components. Additive manufacturing, while also currently dependent on physical tests, may potentially leverage its digital manufacturing nature to adopt model-based approaches to streamline and enable rapid qualification, eventually reducing costs and lead time associated to getting a part approved.“AM is commonly […] - [Value Maritime appoints Euploia Drydocks & Services Ltd in Greece](https://nafsgreen.gr/value-maritime-appoints-euploia-drydocks-services-ltd-in-greece/): Dutch emission-reduction technology innovator Value Maritime has signed a commercial representation agreement with marine products, services and equipment provider Euploia Drydocks & Services Ltd to strengthen and expand its representation in the Greek market. Added valueAs Value Maritime’s commercial agent in Greece, Euploia will be responsible for promoting, marketing, and selling Value Maritime’s full range of products and services. These include the Filtree system (SOx scrubber), individual Filtree components, the Onboard Carbon Capture System (OCCS), along with engineering and other related services.Euploia Drydocks & Services is a well-established company led by experienced managers in marine services, specialising in ship repairs and […] - [Headway to Pioneer Future-proof Marine Fuel Solutions with Yuchai Marine Power](https://nafsgreen.gr/headway-to-pioneer-future-proof-marine-fuel-solutions-with-yuchai-marine-power/): Yuchai Marine Power Co., Ltd. (“Yuchai Marine Power”) held a grand groundbreaking ceremony for its Ammonia Fuel Supply System platform in Zhuhai on 28th July. As the exclusive supplier of the Ammonia Fuel Supply System (AFSS), the core component of the platform, Headway Technology Group (Qingdao) Co., Ltd. (“Headway”) was invited to attend. This milestone follows the cooperation agreement signed between the two parties in November 2024 for the AFSS, marking the project’s official transition into the construction phase. At the ceremony, Yuchai Marine Power’s CEO Xupeng Li, General Manager Hui Deng, and Headway’s Executive President Yudong Liu jointly laid the […] - [CMA D. ARGOUDELIS & CO S.A. forms Strategic Partnership with EGEON TECHNOLOGIES to Strengthen 2-stroke Marine Diesel Engine Services](https://nafsgreen.gr/cma-d-argoudelis-co-s-a-forms-strategic-partnership-with-egeon-technologies-to-strengthen-2-stroke-marine-diesel-engine-services/): CMA D. ARGOUDELIS & CO S.A., a leading company in marine, industrial & energy automation, is proud to announce a strategic partnership with EGEON TECHNOLOGIES, a dynamic and specialized provider of technical services for 2-STROKE MARINE DIESEL ENGINES. This collaboration marks a major step forward in expanding both companies’ capabilities in delivering expert maintenance, troubleshooting, and consulting services for the global marine industry. Through this partnership, CMA and EGEON aim to jointly offer enhanced solutions in engine performance diagnostics, ECS system calibration and troubleshooting, scavenge port inspections, crew training, and specialized drydock support services. Their joint focus will center on Main […] - [ABB to supply integrated power system for nine shuttle tankers](https://nafsgreen.gr/abb-to-supply-integrated-power-system-for-nine-shuttle-tankers/): In a major step towards more efficient offshore operations, Samsung Heavy Industries Co., Ltd. (SHI) and ABB have signed an agreement to equip a fleet of shuttle tankers with ABB’s Onboard DC Grid™ power system platform. Engineered to optimize fuel efficiency, reduce emissions and enable a flexible integration of energy sources, the technology will be the heart of the integrated power system specified for nine newbuild vessels. The selection of ABB’s technology was driven by the expectations of prioritized efficiency, reliability and operational flexibility, as well as adherence to strict industry standards. The fleet of new vessels will be deployed under bareboat […] - [WinGD’s first ammonia-fuelled engine installed on EXMAR vessels](https://nafsgreen.gr/wingds-first-ammonia-fuelled-engine-installed-on-exmar-vessels/): Swiss marine power company WinGD has become the first engine designer to bring an ammonia-fuelled two-stroke marine engine to market following the delivery and installation of its X52DF-A engine on a 46,000m3 LPG/ammonia carrier being built for EXMAR. The vessel will be the first ammonia-fuelled gas carrier in service, and the engine among the first of WinGD’s ammonia-fuelled X-DF-A design to enter commercial operation. The 52-bore engine was built by HD Hyundai Heavy Industries’ Engine & Machinery Business Unit (HHI-EMD) and installed on the first of four sister vessels to be built at HD Hyundai Mipo shipyard in South Korea. The […] - [PROJECT CONNECT Marks 10 Years of Impact at Inspiring Anniversary Event](https://nafsgreen.gr/project-connect-marks-10-years-of-impact-at-inspiring-anniversary-event/): On June 25, 2025, Project Connect became the epicenter of maritime education and youth empowerment as it celebrated its 10-Years Anniversary, at the emblematic Yacht Club of Greece, highlighting a decade of initiatives that have built bridges between students and the shipping industry and have created an entire movement since its inception.  Over 250 guests, including many members of Project Connect were welcomed with a multimedia display showcasing Project Connect’s journey from youth employment placements, skills training to international expansion and partnering with 800 primary and secondary schools engaged with 418 captains of vessels at sea. The evening began symbolically with […] - [2nd Greek-Norwegian Maritime Innovation Summit](https://nafsgreen.gr/2nd-greek-norwegian-maritime-innovation-summit/): The Royal Norwegian Embassy in Athens, in collaboration with Oriani Hellas, successfully hosted the 2nd Greek-Norwegian Maritime Innovation Summit at the Ambassador’s residence. The event gathered prominent stakeholders from maritime companies for a day of dialogue around digitalization, data-driven operations and decarbonization.With key sponsorship from Jotun and DNV, two Norwegian companies leading in sustainability and performance within the maritime sector, the summit served as a platform for shipping professionals, technology providers, and innovation leaders to share actionable insights on how to navigate the dual challenges of sustainability and digital transformation. “The maritime bond between Norway and Greece is long-standing and strong. We […] - [CMA D. ARGOUDELIS & CO S.A. proudly announces the launch of the new website for CMA CONSTRUCTIONS](https://nafsgreen.gr/cma-d-argoudelis-co-s-a-proudly-announces-the-launch-of-the-new-website-for-cma-constructions/): CMA D. ARGOUDELIS & CO S.A., a leader in marine technology, industrial and energy automation, is pleased to announce the official launch of the brand-new website for CMA CONSTRUCTIONS, a specialized company under the CMA Group umbrella.www.cma-constructions.gr This new website, designed and developed by CMA’s strategic digital partner ASK Digital, reflects CMA Group’scommitment to innovation, engineering excellence, and seamless digital experiences. CMA CONSTRUCTIONS is active in electromechanical installations, industrial and building construction, energy infrastructure, and marine engineering solutions, serving a wide range of clients with high standards of quality and technical precision. The website highlights company’s core competencies and showcases the […] - [AI-Based Shipyard to be Explored by ABS and HD Hyundai Samho](https://nafsgreen.gr/ai-based-shipyard-to-be-explored-by-abs-and-hd-hyundai-samho/): ABS and HD Hyundai Samho signed a memorandum of understanding for the technical collaboration for an artificial intelligence (AI)-based smart shipyard. The agreement establishes a cooperative framework for both organizations to leverage smart technologies such as AI, automation and robotics to identify opportunities for process improvement at HD Hyundai Samho shipyard. ABS will utilize its established Guide for Smart Technologies for Shipyards in the review process.“Advanced technologies are transforming shipyard operations and opening new avenues for progress. Intelligent systems show promise for elevating health, safety and quality standards, driving efficiency and innovation in contemporary shipbuilding. We welcome this opportunity to work […] - [PPA S.A.: Welcoming Ceremony of “Yuan Hai Kou”](https://nafsgreen.gr/ppa-s-a-welcoming-ceremony-of-yuan-hai-kou/): The Port of Piraeus hosted a high-level ceremony on 24 June, 2025, to mark the arrival of the “Yuan Hai Kou,” one of the world’s largest and most advanced vehicle carriers, operated by COSCO SHIPPING Specialized Carriers, is 199.9 m long, has a capacity of 7,000 ceu and will be used on a regular line connecting China with the Mediterranean. The vessel is equipped with dual LNG and solar propulsion systems, underscores a growing shift in the maritime sector towards decarbonization and sustainable innovation. Senior figures from the Greek government, Chinese diplomatic corps and international shipping community, alongside representatives of relevant organizations […] - [ERMA TECH GROUP: 
A future-forward leader in Sustainable Maritime Innovation](https://nafsgreen.gr/erma-tech-group-a-future-forward-leader-in-sustainable-maritime-innovation/): After years of strong growth, technological innovation, and industry-leading expertise, today marks the official launch of the ERMA TECH GROUP – A powerful alliance of trusted companies unified under one identity, one vision, and one mission: From saving the oceans, to safeguarding the planet. Unveiled during a live global broadcast, the launch event brought together global customers, partners, and maritime leaders to witness the evolution of a new force in sustainable maritime technologies.“This is more than just a rebrand,” said Ms. Eleni Polychronopoulou, President of ERMA TECH GROUP. “It is the consolidation of decades of experience and innovation into a single, […] - [ONEX Elefsis Shipyards and Bureau Veritas Marine & Offshore sign agreement for the construction of 20 newbuilding tugs](https://nafsgreen.gr/onex-elefsis-shipyards-and-bureau-veritas-marine-offshore-sign-agreement-for-the-construction-of-20-newbuilding-tugs/): On June 23, 2025, the signing ceremony of the agreement between ONEX Elefsis Shipyards and the classification society Bureau Veritas Marine & Offshore (BV) took place at the historic Sailing Club of Greece in Piraeus, one of the most emblematic places in the Greek shipping sector. The event was attended by Deputy Minister of Shipping and Island Policy, Mr. Gikas, the Secretary General for Fisheries and Ports, the Secretary General for Research and Development, as well as prominent representatives of the Greek shipping community and the maritime press.The agreement concerns the construction of 20 newbuilding tugboats of the RAstar 2800 Tugboat […] - [HELMEPA and Marevivo Empower Students of Nautical Schools with Ocean and Climate Knowledge](https://nafsgreen.gr/helmepa-and-marevivo-empower-students-of-nautical-schools-with-ocean-and-climate-knowledge/): As national partner of the “Nauticinblu Europe” project, HELMEPA engaged 173 students from Nautical High Schools across Greece in expert-led seminars and interactive workshops. The participants explored ocean literacy, climate change, and the blue economy, gaining the tools to connect future maritime careers with environmental responsibility. “Nauticinblu Europe” is a cross-border initiative involving Nautical Institutes from Italy, Greece, Portugal, and Spain, ideated and coordinated by the Italian environmental Foundation Marevivo with the support of the MSC Foundation. In Greece, the program is implemented by the Hellenic Marine Environment Protection Association (HELMEPA), aligning with the Association’s mission of shaping environmentally responsible seafarers […] - [Anastasios Andreas Maraslis*: Beyond Lay-Up: Delay Risk Insurance in an Age of Disruption](https://nafsgreen.gr/anastasios-andreas-maraslis-beyond-lay-up-delay-risk-insurance-in-an-age-of-disruption/): As the maritime industry navigates through a vortex of geopolitical uncertainty, climate extremes, and supply chain bottlenecks, one reality becomes increasingly clear: traditional hull and machinery insurance and P&I cover is not enough. In times of war, pandemic spillover, port strikes, and unforeseen shutdowns, shipowners and charterers alike face a glaring exposure — delays.And yet, many still believe that any delay occurring at anchorage, while awaiting cargo or berth, is just part of the game — an uninsurable commercial risk. But what if it doesn’t have to be?The Lay-Up Return IllusionClause 22 of the Institute Time Clauses (Hulls) 1/10/83 offers a […] - [ABS Expands Network of Cutting-Edge Learning Hubs with New Hellenic Ship Safety Center](https://nafsgreen.gr/abs-expands-network-of-cutting-edge-learning-hubs-with-new-hellenic-ship-safety-center/): ABS opened the doors on its latest training center, the Hellenic Ship Safety Center in Athens, harnessing the power of new immersive training techniques, game-based learning and virtual reality environments for the Greek shipping community. Greek shipping leaders joined ABS executives at the opening celebration for the new facility that features computer simulation stations, collaboration areas and a training room for virtual reality and game-based scenarios and interaction.ABS Chairman and CEO Christopher J. Wiernicki said: “The ABS Hellenic Ship Safety Center is expressly designed to equip our people with the knowledge, tools, and confidence to operate safely in a rapidly evolving […] - [Jotun Hellas Golf Tournament: Bringing Together the Shipping Industry](https://nafsgreen.gr/jotun-hellas-golf-tournament-bringing-together-the-shipping-industry/): The Jotun Hellas Golf Tournament, which recently took place with great success at the Glyfada Golf Club, brought together prominent executives and professionals from the shipping industry. This all-day event combined sport and networking in an exceptional setting. Participants enjoyed a friendly yet competitive tournament. Golfers, both amateurs and professionals, represented leading shipping companies and showcased their skills on the course.The day concluded with an elegant awards ceremony, where the winners in each category were recognized. This was followed by a formal dinner, which offered a unique opportunity for networking and the exchange of ideas in a relaxed and sophisticated atmosphere. - [ABS Chairman and CEO Urges Greek Maritime Leaders to Align Strategy with Regulation, Technology, and Safety](https://nafsgreen.gr/abs-chairman-and-ceo-urges-greek-maritime-leaders-to-align-strategy-with-regulation-technology-and-safety/): “Every owner’s playbook needs to keep a line of sight on three things – regulation, technology readiness timelines and boundary conditions – and must include the elements needed for a short-, mid- and long game such as energy retrofits, electrification and nuclear.” That was the message from Christopher J. Wiernicki, ABS Chairman and CEO, to Greece’s foremost shipowners, ship managers, and charterers at the ABS Hellenic National Committee Meeting.“The solution calculus for owners in today’s operating environment is 70% fuel, 15% energy efficiency and 15% performance optimization. Alongside that they need to bear in mind the critical role of well-trained people […] - [Alfa Laval secures first contract for ammonia fuel supply system, marking a major milestone in maritime decarbonization](https://nafsgreen.gr/alfa-laval-secures-first-contract-for-ammonia-fuel-supply-system-marking-a-major-milestone-in-maritime-decarbonization/): Alfa Laval has signed its first contract for the ammonia fuel supply system, FCM Ammonia, reinforcing its position as a frontrunner in developing solutions for decarbonizing the maritime industry. The FCM Ammonia will be installed onboard seven LPG/ammonia carriers for Tianjin Southwest Maritime. Ammonia-powered shipping becoming a reality
As a front-runner in enabling the use of ammonia, Alfa Laval has achieved a significant milestone by securing the contract for the ammonia fuel supply system, highlighting its technological readiness to handle ammonia as fuel. The FCM Ammonia will be installed on a CSSC Huangpu Wenchong shipyard in China for ship owner Tianjin Southwest […] - [Bureau Veritas calls for systemic industry change to support a

sustainable blue economy](https://nafsgreen.gr/bureau-veritas-calls-for-systemic-industry-change-to-support-a-sustainable-blue-economy/): Bureau Veritas Marine & Offshore (BV), a world leader in testing, inspection, and certification, has today published a new book, “Toward a Sustainable Blue Economy”, in which Matthieu de Tugny, highlights the need for the industry to reframe how the global fleet is financed, fueled, and operated if its decarbonization goals are to be achieved.
 The sequel to BV’s “Shaping a Better Maritime World”, published in 2022, Matthieu de Tugny’s new book charts the progress made over the last five years that has seen the industry embrace new technologies that hold the potential to greatly reduce shipping’s carbon emissions. However, in […] - [Message from the Shipping Deputy Minister to the President Ms. Marina Hadjimanolis for the Day of the Seafarer 2025](https://nafsgreen.gr/message-from-the-shipping-deputy-minister-to-the-president-ms-marina-hadjimanolis-for-the-day-of-the-seafarer-2025/): My dear seafarers, Greetings from Cyprus.On the 25th of June each year, we celebrate the Day of the Seafarer.We celebrate your dedication, your commitment, your tireless efforts and your love for the sea.Today, and every day, we honour your contribution, from all over the world, to international seaport trade, to the world economy, and society, as a whole.
As the backbone of global trade, we thank you for everything you do for us on a daily basis.On behalf of the Shipping Deputy Ministry of Cyprus, we firmly remain by your side,
supporting your rights and your needs.Enjoy your special day.Shipping Deputy Minister to […] - [Unlocking the future of Shipping during the Maritime Cyprus 2025 Conference](https://nafsgreen.gr/unlocking-the-future-of-shipping-during-the-maritime-cyprus-2025-conference/): The Maritime Cyprus Conference is set to open its doors once again, welcoming the global shipping community in Limassol  to discuss the future of the industry under the theme “Unlocking the Future …of Shipping”. This year’s event will focus on addressing the challenges and opportunities of the maritime industry. Scheduled to take place between 6 – 8 October 2025, the Conference will explore a wide range of key issues affecting the maritime sector. The event features a distinguished lineup of speakers, including the Secretary-General of the International Maritime Organization, EU Commissioners and the Presidents of the ICS, BIMCO and   ECSA, as […] - [NatPower Marine and Athenian Sea Carriers Sign MoU for Shore Power and Electric I-Fuel Charging](https://nafsgreen.gr/natpower-marine-and-athenian-sea-carriers-sign-mou-for-shore-power-and-electric-i-fuel-charging/): NatPower Marine, a leading developer of clean energy infrastructure for the maritime sector, is pleased to announce the signing of a Memorandum of Understanding (MoU) with Athenian Sea Carriers, a globally respected shipowner committed to sustainable operations. The MoU outlines a framework for collaboration on the deployment of cold ironing and electric i-fuel charging solutions across multiple port locations.Under the agreement, both parties will explore the commercial viability of implementing shore power infrastructure, allowing vessels to plug into sustainable grid electricity while at berth, reducing emissions and improving air quality. The initiative also includes future planning for electric i-fuel charging solutions, […] - [Bureau Veritas launches AI-powered Augmented Surveyor 3D, for next-generation remote inspection](https://nafsgreen.gr/bureau-veritas-launches-ai-powered-augmented-surveyor-3d-for-next-generation-remote-inspection/): Bureau Veritas Marine & Offshore (BV) has launched the Augmented Surveyor 3D (AGS 3D), an advanced tool powered by artificial intelligence (AI) and machine learning, designed to optimize anomaly detection and localization for ship and offshore structure inspections. BV earlier completed a successful “proof-of-concept” pilot with TotalEnergies on a Floating Production Storage and offloading (FPSO) in West Africa. During the pilot, a drone-based inspection of two water ballast tanks was conducted. Using the AGS 3D to process all of the data, the survey generated a detailed 3D digital model with AI-enhanced corrosion analytics.
 
The AGS 3D solution promotes safety while improving […] - [Governments and industry reaffirm commitment to trade and global stability at high-profile Athens Summit](https://nafsgreen.gr/governments-and-industry-reaffirm-commitment-to-trade-and-global-stability-at-high-profile-athens-summit/): The Ministry of Maritime Affairs and Insular Policy of the Hellenic Republic, the International Chamber of Shipping (ICS) and the Union of Greek Shipowners (UGS) co-hosted the high-level Shaping the Future of Shipping Summit on the 11 June in Athens, Greece. The Summit brought together over 350 senior delegates from more than 30 countries, including ministerial representatives and chief executives from the global maritime and energy sectors.Discussions addressed the complex and evolving geopolitical landscape, regulatory developments, and the critical need for enhanced seafarer training and recruitment to safeguard the future of global trade.The high-profile event included Ministerial attendees from key maritime […] - [New ICS Chairman Designate named and Secretary General takes the helm as industry faces critical global challenges](https://nafsgreen.gr/new-ics-chairman-designate-named-and-secretary-general-takes-the-helm-as-industry-faces-critical-global-challenges/): Following the conclusion of the International Chamber of Shipping (ICS) Annual General Meeting and Board Meeting in Athens, which was opened by The Hon. Vassilis Kikilias, Minister of Maritime Affairs and Insular Policy, Hellenic Republic of Greece, the organisation announced several major developments, marking a pivotal moment for global maritime leadership. The board of ICS unanimously recommended John Denholm CBE as the successor to current Chairman, Emanuele Grimaldi. Mr Denholm will take up the role following the conclusion of Mr Grimaldi’s term at the ICS AGM in June 2026. Mr Denholm currently serves as Board Member for the UK and Vice […] - [George Sp. Alexandratos*: From Challenge to Opportunity - Merchant Shipping’s Journey Towards Sustainability](https://nafsgreen.gr/george-sp-alexandratos-from-challenge-to-opportunity-merchant-shippings-journey-towards-sustainability/): It seems that we are experiencing interesting times. The merchant shipping industry is well accustomed to tackle difficult situations most recent of which are the COVID pandemic, the Houthi attacks, the disruptions at the Panama Canal and other. The continuing hostilities in Ukraine, IMO 2020, EU ETS, sanctions, cyber-attacks, the import tax duel and the deviation in the U.S. foreign policies require great attention, ability to adapt promptly and adopt sustainable business tactics. Let us say that these issues have created an erratic climate hoping that normality will prevail again soon.The social responsibility of shipping is to serve the international seaborne […] - [Marina Hatzimanolis*: From IMO 2020 to FuelEU - Innovation as the Compass for Maritime Environmental Compliance](https://nafsgreen.gr/marina-hatzimanolis-from-imo-2020-to-fueleu-innovation-as-the-compass-for-maritime-environmental-compliance/): The maritime industry is at a crucial juncture, with environmental sustainability and regulatory compliance taking centre stage. Regulations like the IMO 2020 Sulphur Cap, revised MARPOL Annex VI, the EU Emissions Trading System (EU ETS), and FuelEU Maritime have significantly changed industry operations, pushing stakeholders to adopt cleaner technologies and more efficient practices. While these regulations pose challenges, they also drive innovation and long-term value creation.The Impact of IMO 2020The IMO 2020 Sulphur Cap, introduced by the International Maritime Organization, mandates reducing sulphur content in marine fuels to 0.50% m/m from the previous 3.50%. This regulation aims to combat the harmful […] - [Vasileios Gkikas*:Managing risk and supporting safety can create opportunities for vessel operators](https://nafsgreen.gr/vasileios-gkikasmanaging-risk-and-supporting-safety-can-create-opportunities-for-vessel-operators/): The key dynamics of the shipping market – safety, availability, flexibility and reliability – mean that uninterrupted operations are essential for vessels and fleets to stay competitive. In addition to the fundamental principle of safe operations, technical and financial future-proofing of next generation vessels that may run on alternative fuels and/or fitted with energy saving devices becomes a cardinal concern. Among the issues we are most frequently asked to provide information on concern the incoming emissions regulations and how to achieve compliance in a way that reduces the risk of incurring penalties. Owners are keen to understand the evolution in alternative and […] - [ABS Approves Ammonia Cracking Technology for Ships from Pherousa](https://nafsgreen.gr/abs-approves-ammonia-cracking-technology-for-ships-from-pherousa/): ABS issued approval in principle (AIP) to Pherousa Shipping for its ammonia cracking technology onboard ships, featuring proton exchange membrane fuel cells and fuel gas supply system (FGSS) for fully electric propulsion. The emissions-free propulsion system is targeted for application on Pherousa’s Ultramax 64,000 dwt bulk carrier to transport copper, a key material in solar panels and electric cars, in fully emissions free vessels.“We are seeing rapid innovation and new developments around ammonia as an alternative fuel, whether as a carrier of hydrogen or as a fuel in its own right. Cracking ammonia to produce hydrogen for fuel cells is one […] - [Lloyd's Register and China Cruises sign strategic cooperation framework agreement ](https://nafsgreen.gr/lloyds-register-and-china-cruises-sign-strategic-cooperation-framework-agreement/): Lloyd’s Register (LR) and China Cruise Limited (China Cruises) have signed a strategic cooperation framework agreement to collaborate on key areas including cruise safety, technology R&D, green transition, and digitalisation.  Following its full classification services for Adora Magic City, China’s first domestically built large luxury cruise ship, LR has entered strategic cooperation with China Cruises, leveraging both local project experience and global technical expertise.With a market share exceeding 40% in the global fleet of operating and newly built large cruise ships, LR has maintained its leading position in the industry for nearly two decades.LR operates four Cruise Centres of Expertise in […] - [Carboninsets launches new service to accelerate supply chain decarbonization](https://nafsgreen.gr/carboninsets-launches-new-service-to-accelerate-supply-chain-decarbonization/): Carboninsets, a new independent matchmaker service for verified Environmental Attribute Certificates (EACs), has launched to support companies in reducing their Scope 3 emissions throughout their supply chains. Carboninsets unites cargo owners and freight forwarders with stakeholders from across all transportation modalities, regions and technologies, following globally accepted standards.  Carboninsets’ unique proposition supports the decarbonization of freight transportation and business travel across all modalities and fuel types. As a multimodal partner, Carboninsets offers a broad range of EACs, including sea, air, road, rail and inland waterways.  The service accommodates all major low-carbon technologies, including biodiesel, HVO, SAF, bio-LNG, electrification, hydrogen, bio-methanol, and […] - [CMA D. ARGOUDELIS & CO S.A. Becomes Official Distributor of Moxa in Greece & Cyprus](https://nafsgreen.gr/cma-d-argoudelis-co-s-a-becomes-official-distributor-of-moxa-in-greece-cyprus/): CMA D. ARGOUDELIS & CO S.A., a leading provider of advanced automation, electrical, and marine technology solutions, is pleased to announce its official distribution partnership with Moxa Inc., a global leader in industrial networking, computing, and edge connectivity. Under this agreement, CMA is now the authorized distributor of Moxa’s full product portfolio across Greece and Cyprus. This partnership supports the growing demand for industrial digitalization, secure infrastructure connectivity, and resilient automation solutions for a broad range of sectors, including maritime, manufacturing, transportation, energy, utilities, water management, and smart cities. Moxa Product Categories Distributed by CMA:CMA will provide the full spectrum of […] - [Katerina Lyrintzis*: QMS MTC’s Commitment to Sustainable Maritime Training](https://nafsgreen.gr/katerina-lyrintzis-qms-mtcs-commitment-to-sustainable-maritime-training/): The global maritime industry, the lifeblood of international commerce, is navigating a sea of change. Increasing pressure to adopt sustainable practices is no longer a distant horizon, but a present-day imperative. Amidst this transformative period, private maritime training institutions like QMS MTC are stepping up, recognizing their crucial role in steering the industry towards a more environmentally responsible future.QMS MTC is firmly anchored in the belief that comprehensive training is the key to achieving maritime sustainability. Our focus begins with a deep dive into Environmental Regulations and Compliance. We understand that seafarers must be well-versed in the intricate web of international […] - [Michalis Loupasakis*: LALIZAS - IMO Compliance & Green Shipping with Tailored Solutions for a PFOS/PFOA-Free Fleet](https://nafsgreen.gr/michalis-loupasakis-lalizas-imo-compliance-green-shipping-with-tailored-solutions-for-a-pfos-pfoa-free-fleet/): The maritime industry has always been a driving force behind global trade, connecting nations and driving economies. As global environmental awareness continues to grow, so does the need for the shipping industry to adopt practices that minimise their ecological impact. Now more than ever, the need for sustainable maritime operations is at the forefront of industry discussions. In recent years, there has been a significant shift towards sustainability, driven by new regulations from the International Maritime Organization (IMO) and the European Union (EU). These regulations aim to eliminate hazardous substances, specifically PFOS (perfluorooctane sulfonic acid) and PFOA (perfluorooctanoic acid), from firefighting systems. […] - [Michalis Papageorgiou*: Challenges & Opportunities associated with Implementing Sustainable Practices in the Maritime Sector](https://nafsgreen.gr/michalis-papageorgiou-challenges-opportunities-associated-with-implementing-sustainable-practices-in-the-maritime-sector/): The maritime industry, a cornerstone of global trade and a vital link in the global supply chain, faces a critical juncture. As the world grapples with climate change and environmental degradation, the sector must adapt and embrace sustainable practices to ensure its long-term viability. This transition, however, is not without its challenges and opportunities.Navigating the Challenges:The path to a greener maritime industry is paved with obstacles. One of the most significant is the high initial cost associated with adopting new technologies. For example, investing in a fleet of LNG-powered vessels, like those operated by many Greek Shipowners, requires significant upfront capital […] - [ABS Approves Innovative LCO2-EP Carrier Concept from KNCC](https://nafsgreen.gr/abs-approves-innovative-lco2-ep-carrier-concept-from-kncc/): At the 60th anniversary of the Nor-Shipping maritime trade fair, ABS issued approval in principle (AIP) to Knutsen NYK Carbon Carriers (KNCC) for its novel design for a 40,000 cbm liquefied carbon dioxide (LCO2) carrier. A first in the industry, the LCO2-EP carrier concept from KNCC aims to transport and store LCO2 at near ambient temperatures and under elevated pressure using a modular approach, allowing less cooling and potentially larger carriers for transport. ABS completed design reviews based on class and statutory requirements.“Carbon capture and transport are essential pillars of the carbon value chain, playing an important role in the industry’s […] - [Election of Mr. George Xiradakis, President of the Association, as Deputy Director of the 2nd Shipping Finance Committee of the China Institute of Navigation](https://nafsgreen.gr/election-of-mr-george-xiradakis-president-of-the-association-as-deputy-director-of-the-2nd-shipping-finance-committee-of-the-china-institute-of-navigation/): On April 27, the 1st General Assembly of the 2nd Shipping Finance Committee of the China Institute of Navigation (CIN) was held at the headquarters of the China P&I Club (CPI). Dr. Song Chunfeng, CEO of CPI, was elected Director of the Committee, while the President of the Association, Mr. George Xiradakis, was elected as Deputy Director of the Committee.The Committee, which consists of 89 members — 76 from China Mainland, 9 from Hong Kong (China), 2 from the United Kingdom, and 2 from Greece — aims to create a think tank for the innovative development of Shipping finance and insurance. […] - [Novel Designs to Manage Boil-Off Gas from HD HHI and HD KSOE Get ABS Approval](https://nafsgreen.gr/novel-designs-to-manage-boil-off-gas-from-hd-hhi-and-hd-ksoe-get-abs-approval/): ABS issued approval in principle (AIP) to HD Hyundai Heavy Industries (HD HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for an innovative new design of a cargo handling system and fuel gas supply system. Named Hi-ecoGAS and Hi-neoGAS, the systems are designed to handle boil-off gas in dual-fuel engines on gas carriers. The innovative approach has an optimized fuel gas supply system for feeding the fuel gas to the dual-fuel engine, or an LNG subcooling system for handling boil-off gas.Presented at the 60th anniversary of the Nor-Shipping maritime trade fair, the AIP signifies the Hi-ecoGAS and Hi-neoGAS systems […] - [Port of Toulon celebrates milestone installation in France with ABB shore power technology ](https://nafsgreen.gr/port-of-toulon-celebrates-milestone-installation-in-france-with-abb-shore-power-technology/): The commissioning of France’s largest-ever shore power solution for ships at the Port of Toulon has been completed, according to a press release. Operational since February 13, the installation is currently in its final acceptance period. The consortium responsible for delivering the installation was led by ABB, comprising also construction company Eiffage Construction and electrical installation company Fauché responsible for building and civil engineering services.  The facility now offers connections at 11kV and 6.6 KV voltage levels and frequencies of 50Hz or 60Hz, supporting both cruise and ferry formats. This allows supporting port calls by three ferries simultaneously, or one cruise […] - [Bureau Veritas Hosts 26th Hellenic and Black Sea Committee in Athens](https://nafsgreen.gr/bureau-veritas-hosts-26th-hellenic-and-black-sea-committee-in-athens/): Bureau Veritas Marine & Offshore (BV M&O) convened the 26th meeting of its Hellenic and Black Sea Committee in Athens, bringing together influential figures from the Greek shipping community and international maritime experts. The annual forum fosters dialogue on the future of maritime transport, the energy transition, and evolving regulatory frameworks.Chaired by George Procopiou and hosted by Paillette Palaiologou, Senior Vice President for East Europe, the Mediterranean, Middle East, Africa, and India (EMA) at BV M&O, the event opened with remarks emphasizing the importance of transparent engagement between classification societies and the shipping sector.Hinda Gharbi, CEO of Bureau Veritas, outlined the […] - [Lloyd's Register, HD KSOE and HHI sign MoU for hybrid propulsion system with solid oxide fuel cell technology for LNG carriers](https://nafsgreen.gr/lloyds-register-hd-ksoe-and-hhi-sign-mou-for-hybrid-propulsion-system-with-solid-oxide-fuel-cell-technology-for-lng-carriers/): Lloyd’s Register (LR), HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Hyundai Heavy Industries (HHI) have signed a Memorandum of Understanding (MoU) to jointly develop a high-efficiency hybrid propulsion system integrated with Solid Oxide Fuel Cell (SOFC) technology for 174,000 cubic metre LNG carriers. The agreement, signed at Norshipping 2025, establishes the framework for a Joint Development Project (JDP) for a hybrid propulsion system that offers significant advantages in terms of efficiency, emissions reduction and operational flexibility compared to conventional propulsion systems.Under the terms of the MoU, HD KSOE and HHI will lead the design for low-carbon propulsion solution powered […] - [Manos Agaoglou*: Strategic decisions in uncertain times](https://nafsgreen.gr/manos-agaoglou-strategic-decisions-in-uncertain-times/): Lloyd’s Register (LR) released in March its inaugural Global Maritime Trends 2025 Barometer report. This verified data-driven assessment of the industry’s energy and digital transition reveals that the energy transition is progressing at only 30% alignment with decarbonisation targets and the digital transition at 43% alignment. Fragmented regulation is undermining progress and limiting investment, notes the report.Regulatory uncertainty is highlighted as deterring shipowners from committing to long-term investments, with regulatory mechanisms such as carbon pricing, emissions mandates, and incentives for green investments essential to accelerate adoption worldwide.At the time of writing, all eyes were on the Marine Environment Protection Committee (MEPC) […] - [Theofilos K. Xenakoudis*: Navigating Maritime Sustainability and Global Trade](https://nafsgreen.gr/theofilos-k-xenakoudis-navigating-maritime-sustainability-and-global-trade/): The maritime industry is perhaps the most significant driver of global trade, and the sector most responsible for upholding the global economy. Recognizing the important role the maritime industry plays in both trade and sustainability, international regulatory bodies and industry stakeholders have stepped forward to be a part of sustainability solutions while keeping global trade moving. Key international and regional regulatory changes, such as those imposed under the International Maritime Organization’s (IMO’s) Greenhouse Gas (GHG) strategy and the European Union’s Fit for 55 package of legislation, set new standards for the industry to meet and create new collaborative opportunities.  Compliance and sustainability […] - [Paillette Palaiologou*: Shipping sits at a crossroad when it comes to its digitalization dilemma](https://nafsgreen.gr/paillette-palaiologou-shipping-sits-at-a-crossroad-when-it-comes-to-its-digitalization-dilemma/): The International Maritime Organization (IMO) is soon to meet for MEPC 83 to discuss the collection of measures that will ultimately drive the industry’s decarbonization efforts over the coming years. This meeting represents a critical juncture for shipping and will likely dictate the direction of travel that may secure the industry’s net-zero future. Amidst the mid-term measures that are due to be announced, is the introduction of a codified global carbon levy which would operate as a flat tax on the industry’s carbon emissions in an attempt to unlock the significant financial investment required to establish and develop the required green […] - [Lloyd’s Register and HD Hyundai MIPO sign strategic agreement to advance digital manufacturing for Type C tanks](https://nafsgreen.gr/lloyds-register-and-hd-hyundai-mipo-sign-strategic-agreement-to-advance-digital-manufacturing-for-type-c-tanks/): Lloyd’s Register (LR) and HD Hyundai MIPO Dockyard (HMD) have signed a Memorandum of Understanding (MoU) to collaborate on advancing digital manufacturing for Type C tanks. The MoU sets out a joint commitment to develop and verify a streamlined, digitally enabled production process for Type C tanks, which are expected to see increased demand due to their ability to store pressurised and cryogenic cargo/fuel of LNG or liquefied carbon dioxide (LCO2).It aims to establish a transparent quality assurance scheme through the production of Type C tanks for storing LNG or LCO2. HMD will integrate monitoring and digital manufacturing technologies, including digital […] - [Port of Piraeus: A pioneer in raising awareness 
and taking action for Climate Change](https://nafsgreen.gr/port-of-piraeus-a-pioneer-in-raising-awareness-and-taking-action-for-climate-change/): The tangible and immediate response of the Port of Piraeus to the major challenge of Climate Change was presented at a conference titled “The Port of Piraeus and Climate Change,” held at the PPA’s Stone Warehouse. In the presence of representatives from the Government, Local Authorities, major stakeholders of the maritime sector and the scientific community, the Management of PPA S.A. presented the first comprehensive study of its kind in Greece, aiming at the resilience and sustainability of port infrastructure, as well as the actions that make the Port of Piraeus a pioneer in climate awareness and preparedness. The study was […] - [DNV Maritime Software and Oriani Launch Strategic Alliance with Visionary Maritime Event in Greece](https://nafsgreen.gr/dnv-maritime-software-and-oriani-launch-strategic-alliance-with-visionary-maritime-event-in-greece/): In an era where the maritime industry faces unprecedented digital disruption, DNV Maritime Software – a global pioneer for next-gen software – has officially launched its strategic partnership with Oriani Hellas through a sold-out event titled “Rough Seas Ahead?”. The event brought together an influential cross-section of Greece’s maritime leaders at the historic Piraeus Marine Club to explore the future of fleet digitization, compliance, and operational resilience. As the maritime industry faces rapid digital transformation, the event focused on addressing the varied maturity levels across ports, vessels, and crew members. During two immersive sessions, attendees from shipping companies, shipowners, port agents, […] - [LALIZAS and ATIVA NÁUTICA: United for Safety at Sea in Brazil](https://nafsgreen.gr/lalizas-and-ativa-nautica-united-for-safety-at-sea-in-brazil/): LALIZAS continues its global expansion across the Americas. After entering North America with the acquisition of LALIZAS/ALEXANDER in 2018, REVERE SURVIVAL in 2024 and the launch of LALIZAS Canada in 2025, the company now sets sail for South America, proudly announcing the acquisition of ATIVA NÁUTICA, Brazil’s leading lifejacket manufacturer.This milestone marks a significant step in the manufacturer’s global growth, while also celebrating a remarkable company that has shaped the safety nautical sector in Brazil for over two decades.Founded in 1998 by Marta Lara and Roberto Sampaio in Campinas, São Paulo, Ativa began as a small venture in a 250 m² […] - [CSC 36th Annual General Meeting](https://nafsgreen.gr/csc-36th-annual-general-meeting/): The Cyprus Shipping Chamber successfully held its 36th Annual General Meeting on Tuesday, 27 May 2025, at the “Four Seasons” Hotel in Limassol. The General Meeting was addressed by the President of the Republic of Cyprus, Mr. Nikos Christodoulides, the President of the House of Representatives, Mrs. Annita Demetriou and the President of the Cyprus Shipping Chamber, Mr. Themis Papadopoulos. The event was also honoured by the presence of government and state officials, Ministers, party representatives, Members of Parliament, diplomats, representatives of professional organisations, as well as the resident Shipping Industry. During his speech, the President of the Republic highlighted the […] - [CMA D. ARGOUDELIS Announces Strategic Collaboration](https://nafsgreen.gr/cma-d-argoudelis-announces-strategic-collaboration/): CMA D. ARGOUDELIS & CO S.A., a leading provider of electrical and automation solutions in the marine and industrial sectors, is proud to announce its strategic collaboration with ELCO INDUSTRIAL AUTOMATION, a global manufacturer known for its cutting-edge industrial automation components and solutions. This collaboration marks a significant milestone for CMA as it expands its portfolio with high-quality, innovative automation products that meet the increasing demands of the Greek and international markets. ELCO’s expertise in industrial control systems, sensors, encoders, and advanced IoT solutions aligns perfectly with CMA’s commitment to offering reliable and future-ready automation technologies to its customers. Key benefits of […] - [LR's OneOcean machine-learning technology adopted by TotalEnergies](https://nafsgreen.gr/lrs-oneocean-machine-learning-technology-adopted-by-totalenergies/): Lloyd’s Register OneOcean (LR OneOcean) has collaborated with TotalEnergies, a global multi-energy company, to deploy advanced route optimisation technology across its shipping operations. TotalEnergies has adopted LR OneOcean’s Route Optimisation solution, which combines expert master mariner oversight with sophisticated machine learning fuel modelling and hull analysis capabilities.The Route Optimisation solution harnesses the power of both the Lloyd’s Register OneOcean Platform and its Vessel Operations team to grant unparalleled visibility into the performance of each vessel. The solution collects and analyses high-frequency vessel data and noon-reported data to create accurate fuel consumption models. By combining these models with accurate insights of route […] - [Lloyd's Register OneOcean machine-learning technology adopted by TotalEnergies to reduce fuel consumption and emissions](https://nafsgreen.gr/lloyds-register-oneocean-machine-learning-technology-adopted-by-totalenergies-to-reduce-fuel-consumption-and-emissions/): Lloyd’s Register OneOcean (LR OneOcean) has collaborated with TotalEnergies, a global multi-energy company, to deploy advanced route optimisation technology across its shipping operations. TotalEnergies has adopted LR OneOcean’s Route Optimisation solution, which combines expert master mariner oversight with sophisticated machine learning fuel modelling and hull analysis capabilities.The Route Optimisation solution harnesses the power of both the Lloyd’s Register OneOcean Platform and its Vessel Operations team to grant unparalleled visibility into the performance of each vessel. The solution collects and analyses high-frequency vessel data and noon-reported data to create accurate fuel consumption models. By combining these models with accurate insights of route […] - [CMA D. ARGOUDELIS & CO S.A. Announces Strategic Collaboration with ELCO INDUSTRIAL AUTOMATION](https://nafsgreen.gr/cma-d-argoudelis-co-s-a-announces-strategic-collaboration-with-elco-industrial-automation/): CMA D. ARGOUDELIS & CO S.A., a leading provider of electrical and automation solutions in the marine and industrial sectors, is proud to announce its strategic collaboration with ELCO INDUSTRIAL AUTOMATION, a global manufacturer known for its cutting-edge industrial automation components and solutions. This collaboration marks a significant milestone for CMA as it expands its portfolio with high-quality, innovative automation products that meet the increasing demands of the Greek and international markets. ELCO’s expertise in industrial control systems, sensors, encoders, and advanced IoT solutions aligns perfectly with CMA’s commitment to offering reliable and future-ready automation technologies to its customers. Key benefits […] - [IMO midterm measures to add 80% premium to bunker costs by 2035 says MSI](https://nafsgreen.gr/imo-midterm-measures-to-add-80-premium-to-bunker-costs-by-2035-says-msi/): Maritime Strategies International, a leading provider of maritime and energy research, consultancy and forecasting, has released MSI SEASCAPE, an integrated platform for market analysis, vessel performance and asset valuation. Analysis performed by MSI using data from the new platform has given an early indication of the impact that the IMO’s recently agreed Net Zero Framework will have on the bunker market. MSI SEASCAPE is designed to support two key functions: first, benchmarking the activity of existing fleets and vessels, and second, due diligence for acquisition, lending or chartering activities. By extending the annual fuel consumption estimates calculated in SEASCAPE for 2024 […] - [PSTF 2025 Drops Anchor in Heraklion as Cruise Industry Charts a Sustainable Course](https://nafsgreen.gr/pstf-2025-drops-anchor-in-heraklion-as-cruise-industry-charts-a-sustainable-course/): The 8th Posidonia Sea Tourism Forum (PSTF) took place in the port city of Heraklion, Crete, marking a pivotal moment in the Mediterranean’s cruise tourism landscape. Hosted for the first time on Greece’s largest island, the forum brought together over 200 senior executives, policy makers, port authorities, and tourism experts to explore the future of sustainable sea tourism under the theme: “The Med: A Compelling Need for New Marquee Ports & Destinations.” DAY 1The opening session featured welcoming remarks from key government and regional figures, including Minas Papadakis, CEO of the Heraklion Port Authority; Anna Karamanli, Greece’s Deputy Minister of Tourism; […] - [ABS and HD Hyundai Mipo Sign Agreement to Accelerate DM-Based Production Automation in Future Shipyards ](https://nafsgreen.gr/abs-and-hd-hyundai-mipo-sign-agreement-to-accelerate-dm-based-production-automation-in-future-shipyards/): ABS and HD Hyundai Mipo (HMD) have signed a joint development project (JDP) for digital manufacturing-based automation equipment for shipyards. The JDP establishes a collaborative framework focused on leveraging smart technology within HD Hyundai Mipo’s shipyard operations that include artificial intelligence, communication technologies, automation and robotics.ABS will utilize its Guide for Smart Technologies for Shipyards to help HMD identify opportunities for process improvement focusing on key features such as hyper-connectivity, advanced automation and data-driven intelligence.“Cutting-edge technologies are revolutionizing shipyard production, pushing boundaries and unlocking new possibilities. Smart features are enhancing health, safety, and quality processes, allowing efficiency and innovation in modern […] - [ECSA rebrands as European Shipowners](https://nafsgreen.gr/ecsa-rebrands-as-european-shipowners/): On the occasion of its 60 years, the European Community Shipowners’ Associations (ECSA) becomes today ECSA European Shipowners, reinforcing its role as the voice of the European shipping industry. The organisation, which launches today a new logo and visual identity, represents 22 European shipowners’ national association, around 35% of the global fleet and all shipping segments from bulker carriers to container ships, tankers, gas carriers, ferries, cruise ships and offshore vessels. The new name reflects the organisation’s commitment to raising awareness of European shipping’s key role to our continent’s energy, supply chain and food security “ECSA becomes, as of today, ECSA European […] - [“K” Line Taps Iridium Certus to Power Resilient Connectivity Alongside Starlink](https://nafsgreen.gr/k-line-taps-iridium-certus-to-power-resilient-connectivity-alongside-starlink/): Iridium Communications Inc. (Nasdaq: IRDM) today shared that its partner Navarino is supporting the installation of Iridium CertusTMterminals on a fleet of “K” Line Energy Shipping (UK) Limited vessels operating worldwide. The Iridium Certus terminals are being utilized as a companion to Starlink terminals as part of “K” Line’s maritime hybrid connectivity solution.  “K” Line is equipping its fleet with enhanced connectivity as it prepares to support Northern Lights Joint Venture, which offers CO2 transport and storage as a service to enable reduction and removal of industrial emissions in Europe and in Norway. Starlink will be used primarily for crew welfare and normal business use, with Iridium […] - [Avikus Secures Foothold in Greek Market at Landmark Industry Gathering in Athens](https://nafsgreen.gr/avikus-secures-foothold-in-greek-market-at-landmark-industry-gathering-in-athens/): Avikus marked a significant milestone in its European expansion with a high-profile industry event held at the Piraeus Marine Club. Organized by Oriani Hellas, the gathering showcased Avikus’ entry into the Greek maritime sector, a key step in its broader strategy to lead the adoption of AI-powered navigation technologies across Europe.Under the theme “From Vision to Voyage,” the event brought together many prominent figures from the maritime industry, including shipowners, classification societies, and technology leaders. Attendees explored how artificial intelligence is transforming safety, efficiency, and operational decision-making at sea.The event was opened by Mr. Philip Nielsen, General Manager of Avikus in […] - [Arrival of first COSCO SHIPPING vehicle carrier at the Port of Piraeus](https://nafsgreen.gr/arrival-of-first-cosco-shipping-vehicle-carrier-at-the-port-of-piraeus/): The Port of Piraeus took a significant step in expanding its role as a key vehicle transshipment hub in the Eastern Mediterranean with the arrival of the MV COSCO SHENG SHI, from COSCO Shipping Car Carriers to call at the Greek port, marking the launch of a new regular monthly service by China’s largest maritime vehicle transport provider. The Pure Car and Truck Carrier (PCTC), measuring 182.8 meters in length and 32.2 meters in width with a capacity of 5,276 vehicles, discharged 199 GEELY passenger cars and 17 electric buses on its maiden stop in Piraeus.COSCO Shipping Car Carriers operates a […] - [Delivery Announcement of the second newbuilding Tug 75TBP – MED TUG SVSII](https://nafsgreen.gr/delivery-announcement-of-the-second-newbuilding-tug-75tbp-med-tug-svsii/): Vernicos Scafi Tugs and Salvage Maritime Company together with its partners in SVS Maritime Company, Announces the Delivery of the second newbuilding Tug 75TBP, strengthening the fleet of MED TUGS with five newbuildings in one year with a total of 400BP.Vernicos Scafi Tugs and Salvage Maritime Co., a Greek Towage and Salvage operator in Greece/East Med/Black Sea/Red Sea, together with its partners in SVS, announced the delivery of the second newbuilding tug in Piraeus port, under Greek flag.MED-A2575 was built by Med Marine in Eregli Shipyard in Turkey, one of the most reputable shipyards in Europe. It belongs to RAmparts 2500-W design […] - [Emirates Shipping Line Joins World Shipping Council](https://nafsgreen.gr/emirates-shipping-line-joins-world-shipping-council/): World Shipping Council (WSC) is happy to welcome Emirates Shipping Line (ESL) as a new member of the Council. WSC represents over 90% of global liner shipping capacity, working with policymakers and stakeholder groups to shape the future growth of a socially responsible, environmentally sustainable, safe, and secure shipping industry. Established in 2006 in Dubai, United Arab Emirates, ESL has since expanded its presence to 30 countries, operating over 70 offices worldwide. ESL will be represented on the WSC Board by CEO Till Ole Barrelet. “We are committed to being part of the conversation and a driver of positive change, and […] - [PIL names its first 8,200 TEU LNG Dual-Fuel Containership](https://nafsgreen.gr/pil-names-its-first-8200-teu-lng-dual-fuel-containership/): It is the company’s fifth LNG dual-fuel vessel to be delivered since October 2024 Pacific International Lines (PIL) has named its first 8,200 TEU LNG dual-fuel containership, Kota Oasis. The vessel was named by Mrs Cindy Chang, wife of Mr. Peter Chang, PIL’s Deputy Chairman, at a ceremony held at the Yangzijiang Shipbuilding yard in China. Kota Oasis is the first in a series of four 8,200 TEU LNG dual-fuel container vessels (designated as “O” Class) ordered by PIL from Yangzijiang Shipbuilding. These newbuild vessels are part of PIL’s long-term plan to optimise its network deployment and renew its fleet for […] - [GOGL - Merger Between CMB.Tech and Golden Ocean](https://nafsgreen.gr/gogl-merger-between-cmb-tech-and-golden-ocean/): Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) (“Golden Ocean”) and CMB.TECH NV (NYSE: CMBT & Euronext Brussels: CMBT) (“CMB.TECH”) are pleased to announce that they have signed a term sheet (the “Term Sheet”) for a contemplated stock-for-stock merger, with CMB.TECH as the surviving entity, based on an exchange ratio of 0.95 shares of CBM.TECH for each share of Golden Ocean (the “Exchange Ratio“), subject to customary adjustments. The Term Sheet has been unanimously approved by Golden Ocean’s Board of Directors, including its special transaction committee composed of disinterested directors (the “Transaction Committee“), and by CMB.TECH’s Supervisory Board. As […] - [IACS Publishes 2024 Annual Review, with focus on safety](https://nafsgreen.gr/iacs-publishes-2024-annual-review-with-focus-on-safety/): IACS, the membership organisation for the world’s leading classification societies, has published its 2024 Annual Review, which highlights the central role played by IACS in supporting safety standards in global shipping. In a year that marked the 50th anniversary of the adoption of the SOLAS Convention, safety was at the forefront of IACS’s work programme for 2024. This was exemplified by the new Safe Digital Transformation Panel, which began its important work to identify and mitigate any safety risks posed by shipping’s ongoing digital transformation. Technical and digital advances featured heavily in IACS’s programme for 2024, including the significant challenge posed by […] - [CMA CGM and ABB collaborate on parametric roll algorithm to enhance ship safety](https://nafsgreen.gr/cma-cgm-and-abb-collaborate-on-parametric-roll-algorithm-to-enhance-ship-safety/): Technology leader ABB, and the CMA CGM Group, a global player in sea, land, air and logistics solutions, are collaborating on a new parametric roll algorithm to improve ship safety. The solution integrates a theoretical framework developed by CMA CGM into the ABB Ability™ OCTOPUS Marine Advisory system.Parametric rolling has been a challenge to ship safety for decades. Particularly affecting container ships, ro-pax vessels, and car carriers, it means that a vessel experiences large rolling motions as it moves in waves. The phenomenon is hard to predict and poses a threat to vessel, cargo, and crew safety.By detecting and helping to […] - [Euploia Drydocks & Services Ltd has established an exclusive partnership with Blutec Srl Worldwide Chemicals and Services](https://nafsgreen.gr/euploia-drydocks-services-ltd-has-established-an-exclusive-partnership-with-blutec-srl-worldwide-chemicals-and-services/): Euploia Drydocks and Services Ltd and Blutec Srl Worldwide Chemicals and Services announce a new strategic partnership This collaboration marks an important step forward in enhancing the services they provide to their clients. Blutec Chemicals’, Managing Director Marco Baldelli commented: “We are delighted to collaborate with Euploia Drydocks & Services Ltd, a renowned service provider in Greece, as we strive to strengthen our presence and positive impact on the Greek maritime sector. This partnership represents a valuable opportunity to establish a long-term and sustainable relationship with Euploia Holding in the shipping industry. We look forward to fostering a mutually beneficial collaboration […] - [Lloyd’s Register and Royal Caribbean Group form strategic partnership to advance maritime safety and efficiency across cruise sector](https://nafsgreen.gr/lloyds-register-and-royal-caribbean-group-form-strategic-partnership-to-advance-maritime-safety-and-efficiency-across-cruise-sector/): Lloyd’s Register (LR) and leading vacation company Royal Caribbean Group announced today at Seatrade Cruise Global in Miami, a strategic partnership aimed at driving safety, innovation, and sustainability across the cruise industry.   Representing a long-term shared commitment to enhancing safety, regulatory compliance, operational efficiency and sustainability across the cruise industry, the partnership aims to set new benchmarks for excellence and environmental responsibility. Under this partnership, LR will provide expert classification, risk management, and technical consultancy services to ensure Royal Caribbean Group’s fleet remains at the forefront of maritime safety and efficiency. This includes overseeing the transfer of more the 25 ships […] - [For the first time a Cypriot has been elected as Vice – Chair of the IMO Legal Committee](https://nafsgreen.gr/for-the-first-time-a-cypriot-has-been-elected-as-vice-chair-of-the-imo-legal-committee/): The Shipping Deputy Ministry announces the election of Mrs. Lydia Markari – Kyriacou, Head of the Legal Affairs Unit of the Shipping Deputy Ministry, in the position of Vice-Chair of the Legal Committee of the International Maritime Organization (IMO). Lydia has been unanimously elected by the IMO Member States at the Legal Committee’s 112th session, which is currently taking place in London.This prestigious election of the Shipping Deputy Ministry’s Head of Legal Affairs Unit, is a testament to Cyprus’ contribution to the work of the International Maritime Organization. It is also a significant commitment towards the future work of the IMO […] - [IACS publishes 2024 Annual Review, with focus on safety first](https://nafsgreen.gr/iacs-publishes-2024-annual-review-with-focus-on-safety-first/): IACS, the membership organisation for the world’s leading classification societies, has published its 2024 Annual Review, which highlights the central role played by IACS in supporting safety standards in global shipping. In a year that marked the 50th anniversary of the adoption of the SOLAS Convention, safety was at the forefront of IACS’s work programme for 2024. This was exemplified by the new Safe Digital Transformation Panel, which began its important work to identify and mitigate any safety risks posed by shipping’s ongoing digital transformation. 
 
Technical and digital advances featured heavily in IACS’s programme for 2024, including the significant challenge […] - [Cruise lines meet with East Med Stakeholders at Posidonia Sea Tourism Forum](https://nafsgreen.gr/cruise-lines-meet-with-east-med-stakeholders-at-posidonia-sea-tourism-forum-2/): The 8th Posidonia Sea Tourism Forum (PSTF 2025) is set to bring together an elite assembly of global cruise industry leaders in Heraklion, Crete, on 6-7 May. With the strong support of the Region of Crete and the Heraklion Port Authority, this premier event will convene executives from the world’s major cruise lines, industry associations, destinations and maritime tourism authorities from Greece and the Eastern Mediterranean to engage in high-level discussions on the evolving landscape of cruise tourism. The forum will address a broad spectrum of industry challenges and opportunities, shaping the future of sea tourism in the region. Theodore Vokos, […] - [Danae Bezantakou*: The Tugboat Market Navigating Changes and Innovations](https://nafsgreen.gr/danae-bezantakou-the-tugboat-market-navigating-changes-and-innovations-2/): The tugboat market plays a crucial role in the global maritime industry, facilitating the safe and efficient movement of ships in and out of ports. This sector is experiencing significant transformations due to changing market dynamics, regulatory shifts, and technological advancements, particularly in the United States and Europe. US West Coast Shipping and Tugboat MarketIn recent years, the US West Coast (USWC) shipping market has seen considerable changes, especially in the energy, container, and commodity sectors. One of the most notable developments has been the increasedmovement of renewable feedstocks and refined products, spurred by the opening of the Trans Mountain Pipeline. […] - [Cruise lines meet with East Med Stakeholders at Posidonia Sea Tourism Forum](https://nafsgreen.gr/cruise-lines-meet-with-east-med-stakeholders-at-posidonia-sea-tourism-forum/): The 8th Posidonia Sea Tourism Forum (PSTF 2025) is set to bring together an elite assembly of global cruise industry leaders in Heraklion, Crete, on 6-7 May. With the strong support of the Region of Crete and the Heraklion Port Authority, this premier event will convene executives from the world’s major cruise lines, industry associations, destinations and maritime tourism authorities from Greece and the Eastern Mediterranean to engage in high-level discussions on the evolving landscape of cruise tourism. The forum will address a broad spectrum of industry challenges and opportunities, shaping the future of sea tourism in the region. Theodore Vokos, […] - [Danae Bezantakou*: The Tugboat Market Navigating Changes and Innovations](https://nafsgreen.gr/danae-bezantakou-the-tugboat-market-navigating-changes-and-innovations/): The tugboat market plays a crucial role in the global maritime industry, facilitating the safe and efficient movement of ships in and out of ports. This sector is experiencing significant transformations due to changing market dynamics, regulatory shifts, and technological advancements, particularly in the United States and Europe. US West Coast Shipping and Tugboat MarketIn recent years, the US West Coast (USWC) shipping market has seen considerable changes, especially in the energy, container, and commodity sectors. One of the most notable developments has been the increasedmovement of renewable feedstocks and refined products, spurred by the opening of the Trans Mountain Pipeline. […] - [Spyros Zolotas*:Embracing Green Solutions The Path to Sustainable Shipping](https://nafsgreen.gr/spyros-zolotasembracing-green-solutions-the-path-to-sustainable-shipping/): The shipping industry is facing increasing pressure to reduce its environmental impact. Achieving decarbonization goals and addressing climate challenges requires innovation and the exploration of various strategies, such as adopting cleaner energy sources and optimizing operational processes, to reduce the environmental footprint of maritime operations.Energy efficiency and performance optimization are key areas of focus, with the use of digital tools and data analytics helping shipowners identify opportunities to reduce fuel consumption, lower emissions, and improve overall efficiency.To support the transition toward sustainability, RINA has introduced a range of initiatives and standards. The organization collaborates with clients to develop solutions aimed at […] - [Theodosis Stamatellos*: The Future of Shipping Integrating AI and Human Factors](https://nafsgreen.gr/theodosis-stamatellos-the-future-of-shipping-integrating-ai-and-human-factors/): Digitalisation and automation are transforming industries across the globe, and the maritime sector is no exception. The rapid advancements in technology, particularly in artificial intelligence (AI), are poised to revolutionise maritime operations, bringing about significant changes in efficiency, safety, and sustainability. However, these developments also come with their own set of challenges and risks that need to be addressed.
The maritime AI market has seen explosive growth, nearly tripling in size over the past year. According to the “Beyond The Horizon: Opportunities and Obstacles in the Maritime AI Boom” report conducted by Thetius for Lloyd’s Register, the market is now valued at USD $4.13 […] - [Dr John Kokarakis*: Decarbonization and Environmental Sustainability](https://nafsgreen.gr/dr-john-kokarakis-decarbonization-and-environmental-sustainability/): The shift to cleaner fuels and technologies presents both substantial challenges and significant opportunities, and the nature
of these can vary considerably depending
on the industry sector. The transition to cleaner technologies—such as renewable energy sources, energy storage, and carbon capture—demands considerable capital investment and incurs high initial costs.
This is especially true for sectors that have traditionally relied on fossil fuels, where the infrastructure for cleaner alternatives is not yet fully developed. For example, the cost
of building wind farms, solar panel installations, or upgrading grids to handle renewable power generation can be prohibitive in the short term. Furthermore, there is ongoing uncertainty surrounding the […] - [Elias Kariambas*: Scaling decarbonization solutions for the dry bulk shipping sector](https://nafsgreen.gr/elias-kariambas-scaling-decarbonization-solutions-for-the-dry-bulk-shipping-sector/): The dry bulk sector accounts for a substantial part of the global shipping industry and faces unique challenges in achieving decarbonization. The sector’s trading structure, with vessels serving an extensive and diverse array of ports and anchorages, makes the transition to low or zero carbon fuels more complex than other sectors. Dual fuel projects using LNG are already in the water and meth- anol and ammonia projects are also in progress. The potential
of the increased use of biofuels is also becoming a focus for the segment. Several energy-saving technologies like fitting of hull appendages for optimization, low-friction coatings, wind-assisted propulsion and carbon […] - [Philip Uhrskov Nielsen*: How Will Advancements In Technology Impact The Industry, And What Are The Key Challenges And Risks Associated With These Developments?](https://nafsgreen.gr/philip-uhrskov-nielsen-how-will-advancements-in-technology-impact-the-industry-and-what-are-the-key-challenges-and-risks-associated-with-these-developments/): The maritime industry is defined by its stability and robustness towards changes in the world around it. Such a critical pillar of global trade must be able to withstand the fragility of society in terms of geo-political fallouts, increasing prices, shifting trading patterns, wars, climate change, global pandemics and more. No matter what, the ships must sail, the cargo has to move. Ιndustry and consumers expect their goods to be available as expected and on time. As a result, there is no possibility to entertain various modern commercial approach- es such as ‘failing fast and failing often’. This viewpoint is important […] - [John N. Cotzias*: From Geopolitical Tensions to Maritime Trade - The Complexities of 2025](https://nafsgreen.gr/john-n-cotzias-from-geopolitical-tensions-to-maritime-trade-the-complexities-of-2025/): 2025 began with many new “wildcards,” and if we add Trump’s latest statements targeting Canada, Panama, and Greenland, we understand that any attempt to predict the markets is completely meaningless. Not only is there no end in sight to geopolitical tensions, but the conditions for new ones are being created. To start with “new unknowns”, the recent US Department of Defense listing of Cosco Shipping as a “Chinese military company” has introduced major uncertainty into global shipping markets. As the world’s largest shipowner, Cosco’s fleet of over 1,400 vessels represents a significant market presence across multiple sectors – they dominate both dry […] - [Elias Mallios*: ESDs make a smart investment for direct action on decarbonisation](https://nafsgreen.gr/elias-mallios-esds-make-a-smart-investment-for-direct-action-on-decarbonisation/): While the importance of maritime decarbonisation cannot be overstated, it is essential that the size of the task ahead does not overwhelm efforts to do the next right thing.  The International Maritime Organization (IMO) aims to realise net-zero greenhouse gas (GHG) emissions from global shipping by around 2050. By the same year, the European Union’s FuelEU Maritime regulation is targeting an 80% cut in the average annual GHG intensity of vessels trading in the EU or European Economic Area. Meeting these ambitious targets will require the widespread adoption of low- and zero-carbon fuels and buy-in from all stakeholders, although which fuels […] - [Vassilis Korkidis*: Maritime Hellas Leading the Way in Shipping and Innovation](https://nafsgreen.gr/vassilis-korkidis-maritime-hellas-leading-the-way-in-shipping-and-innovation/): Shipping is a purely extroverted international activity and Greek shipping is one of the main productive pillars of the Greek economy, with its direct and indirect contribution ranging between 6.5% and 8% of GDP. Enhancing the competitiveness and extroversion of shipping companies is achieved through investments in technologies and service upgrades. As a Piraeus entrepreneur, operating next to one of the largest ports in the Mediterranean and the EU, I am proud because, in this port, beats the heart of Greek shipping. Seizing the opportunity, I will keep reminding the necessity to invest through the maritime cluster of HCS, UGS, and PCCI. […] - [Charalambos Simantonis*: The Year 2025, A Global Landscape of Challenges for Shipping and Multimodal Transport](https://nafsgreen.gr/charalambos-simantonis-the-year-2025-a-global-landscape-of-challenges-for-shipping-and-multimodal-transport/): The year 2025 begins with global-scale challenges in the economic and geostrategic sectors, reaffirming once again that the only constant is instability. In this context, shipping is called upon to respond as a key pillar of stability and the assurance of global commodity flows. Elections in the European Union and the United States are re- shaping the global chessboard, altering the dynamics of recent years. In Europe, a shift toward more pragmatic approaches to implementing the fundamental strategy of the green transition is emerging. Meanwhile, in the U.S., changes in environmental policy, coupled with trade protectionist measures, are anticipated. The European Union places […] - [Emanuele Grimaldi*:Efficiency at Sea, Driving Maritime Innovation and Decarbonisation](https://nafsgreen.gr/emanuele-grimaldiefficiency-at-sea-driving-maritime-innovation-and-decarbonisation/): In an age when climate change is one of humanity’s most pressing challenges, the maritime industry stands at a critical crossroad. With over 90% of global trade transported by sea, shipping is not only vital for economic stability but also pivotal in addressing climate goals. Efficiency, innovation, and sustainable practices not only make good business sense, but they can also be our guiding stars as we navigate the waters toward a greener, more sustainable and successful business environment. At the Grimaldi Group, we welcomed five G5-class ro-ro multipurpose vessels into our fleet. These state-of-the-art ships incorpo- rate cutting-edge technological solutions designed to […] - [Karin Orsel*:The EU Clean Industrial Deal, an opportunity for clean shipping fuels in Europe](https://nafsgreen.gr/karin-orselthe-eu-clean-industrial-deal-an-opportunity-for-clean-shipping-fuels-in-europe/): The European shipping industry is facing mounting pressure to decarbonise while remaining competitive on the global stage. The transition to low- and zero-carbon fuels is no longer optional – it is essential to meeting the European Union’s ambitious climate targets under the Fit for 55 package including the EU Emissions Trading System (ETS) and the FuelEU Maritime as well as the international net-zero target by 2050 agreed at IMO level. ECSA has put forward a comprehensive strategy to ensure the maritime sector is equipped to rise to this challenge. The Draghi report on European competitiveness estimates that €40 billion in annual investments […] - [Marina Hadjimanolis*: Decarbonizing the Seas Cyprus’ Path to Sustainable Shipping](https://nafsgreen.gr/marina-hadjimanolis-decarbonizing-the-seas-cyprus-path-to-sustainable-shipping/): Cyprus recognizes that the maritime sector should contribute its fair share to the decarbonization and energy transition of the shipping sector, while at the same time safeguarding the competitiveness of the sector, however since the maritime sector moves to more sustainable greener practices to achieve IMO goals, the sector faces both challenges and opportunities in transitioning to alternative fuels and innovative technologies.  The International Maritime Organization (IMO) established ambitious targets for reducing greenhouse gas emissions from shipping. One of the most important challenges is the uniform compliance with these regulations, by both Member states and companies, safeguarding the competitiveness of the […] - [Christos Stylianides*: Transforming Shipping, 
A Greek Call for Collaboration and Innovation](https://nafsgreen.gr/christos-stylianides-transforming-shipping-a-greek-call-for-collaboration-and-innovation/): Greece is a country whose history and modern economy are linked with shipping. Greece lives by the sea, for the sea, because of the sea.
To ensure the sustainability of the sector, significant challenges need to be addressed such as decarbonisation, digitalization, the pro- motion and support of its human capital as well as geopolitical tensions. We, as decision makers need to tackle these challenges and turn them into opportunities. Shipping’s transition to a “carbon free” era is one of the greatest challenges of the sector. Greece is an advocate for the adoption and application of global uniform rules through the International Maritime […] - [Melina Travlos*: A Beacon of Excellence, Greek Shipping’s Journey in 2024](https://nafsgreen.gr/melina-travlos-a-beacon-of-excellence-greek-shippings-journey-in-2024/): The past year has been pivotal for shipping, both nationally and internationally. Once again, Greek shipping demonstrated its ongoing suprem- acy, not only as the backbone of Europe’s maritime sector, but also as a leader on the global stage.  This leadership is grounded in a rich maritime heritage, ingenuity, and strategic thinking that embraces creativity and innovation. Ingenuity, as the ability to find immediate and effective solutions; creativity, as the art of adaptation; and innovation, the driving force of progress, are all at the core of our industry. Greek shipping continues to stand strong and evolve despite multiple challenges in a complex […] - [CMA D. ARGOUDELIS & CO S.A. Enhances Operational Excellence with Microsoft Dynamics 365 Business Central & Field Service](https://nafsgreen.gr/cma-d-argoudelis-co-s-a-enhances-operational-excellence-with-microsoft-dynamics-365-business-central-field-service/): CMA D. ARGOUDELIS & CO S.A. proudly announces the successful upgrade of its enterprise resource planning (ERP) system to Microsoft Dynamics 365 Business Central & Field Service. This strategic move marks a significant step forward in optimizing operational efficiency, enhancing service delivery, and reinforcing the company’s commitment to innovation and customer satisfaction. With the adoption of Microsoft Dynamics 365 Business Central, CMA gains a powerful, flexible, and scalable solution that streamlines financial management, procurement, production, and overall business operations. The system’s cloud and on-premises deployment options ensure adaptability to evolving business needs while driving cost optimization and resource efficiency. Furthermore, the […] - [Headway Successfully Hands Over Filtration Skid Solution for Offshore Platform](https://nafsgreen.gr/headway-successfully-hands-over-filtration-skid-solution-for-offshore-platform/): Recently, Headway Technology has officially partnered with a central state-owned enterprise to provide to a newly constructed fixed offshore platform with an automatically back-flashing filtration skid solution developed independently. The product has been successfully delivered. According to a press release of Headway, this collaboration marks Headway’s breakthrough in the “first-of-its-kind” offshore platform filtration skid products, making it one of the few domestic companies with the capability to independently research, develop and produce offshore platform filtration skids. The successful implementation of this project has laid a solid foundation for Headway to further expand into multiple fields and improve its product solution system.The […] - [Dubai Drydocks World Reception Dinner at Yacht Club of Greece](https://nafsgreen.gr/dubai-drydocks-world-reception-dinner-at-yacht-club-of-greece/): On Thursday 30th of January, Dubai Drydocks World hosted an exclusive reception dinner at the prestigious Yacht Club of Greece, bringing together esteemed guests and industry leaders for an evening of networking and collaboration. The distinguished event was graced by keynote addresses from Cpt. Rado Antolovic PhD, CEO of Dubai Drydocks World, and Mr. Dimitris Vranopoulos, President & CEO of Marine Plus SA, both shared insights into the evolving landscape of the maritime industry and the strengthening ties between Dubai Drydocks World and the Greek shipping community.Cpt. Antolovic emphasized Dubai Drydocks’ commitment to excellence, innovation, and sustainability in ship repair. He […] - [Lloyd's Register introduces new class notation for fin stabilisers](https://nafsgreen.gr/lloyds-register-introduces-new-class-notation-for-fin-stabilisers/): Lloyd’s Register (LR) has introduced its first class notation for fin stabilisers.   For decades, fin stabilisers have been considered a ‘nice to have’ feature rather than an essential component of a ship. However, with the increasing demand for enhanced passenger experiences on modern cruise ships, fin stabilisers have become integral to providing a smooth and enjoyable journey. Located under the waterline on the side of a ship’s hull, fin stabilisers provide a roll damping effect, counteracting the ship’s natural roll and ensuring a stable voyage. The new class notation will cover the strength, machinery, and control aspects of fin stabilisers, including […] - [New report reveals HEMEXPO’s €2 billion contribution to Greek economy](https://nafsgreen.gr/new-report-reveals-hemexpos-e2-billion-contribution-to-greek-economy/): A new report from HEMEXPO, the leading Greek marine equipment manufacturers and exporters association for the international shipping industry, has highlighted the association’s significant contribution to the Greek economy during 2021-2022. The third study of its kind, conducted by the Foundation for Economic and Industrial Research (IOBE) and presented by its General Director, Professor Nikos Vettas, provides an updated assessment of the importance of Greek marine manufacturing companies to the country’s economy. The report explores HEMEXPO’s substantial economic contribution, illustrating an impressive growth trajectory over the last decade for HEMEXPO member companies. It also highlights the challenges faced during this time […] - [ABS Continues to Strengthen and Grow Its Leadership Footprint in Southeast Asia](https://nafsgreen.gr/abs-continues-to-strengthen-and-grow-its-leadership-footprint-in-southeast-asia/): ABS is investing in the expansion of its services to build on its industry leading position and ensure it is well placed to meet the growing needs of the marine and offshore industries. That was the message for maritime leaders from across the region at the annual ABS Southeast Asia Regional Committee meeting.“Our safety driven mission continues to serve us well, and we are building on this strong foundation by investing in widening and deepening the scope of our class services,” said Christopher J. Wiernicki, ABS Chairman and CEO. “We are leveraging our deep domain expertise and industry relationships to create […] - [CSC welcomes the safe release of the Galaxy Leader crew after 14 months](https://nafsgreen.gr/csc-welcomes-the-safe-release-of-the-galaxy-leader-crew-after-14-months/): The Cyprus Shipping Chamber warmly welcomes the release of the Galaxy Leader crew, who were unlawfully seized, on 19 November 2023, by Houthi rebels in the Red Sea, bringing much-needed relief to the seafarers, their families and the global shipping community, who have been deeply distressed by this incident. The Chamber also extends its gratitude to all parties involved in the diplomatic efforts that ensured the safe release of the crew. This development underscores the vital importance of international collaboration in safeguarding maritime security. At the same time, the Chamber calls on nations worldwide to continue prioritise the protection of seafarers […] - [President Nikos Christodoulides of Cyprus meets with ICS Secretary General Elect](https://nafsgreen.gr/president-nikos-christodoulides-of-cyprus-meets-with-ics-secretary-general-elect/): His Excellency President Nikos Christodoulides, President of Cyprus, met with the International Chamber of Shipping’s (ICS) Secretary General Elect, Thomas Kazakos, in Cyprus and discussed some of the key issues in the maritime industry. Shipping is a key sector for Cyprus, both internationally and nationally, with the Cyprus shipping industry maintaining a steady 7% contribution to the GDP of Cyprus, amounting to approximately EUR 1.2 billion. At the meeting, Mr Kazakos formally presented his appointment as the new ICS Secretary General to President Christodoulides. Mr Kazakos will officially become Secretary General of ICS in June 2025 and has served the maritime industry […] - [Lloyd’s Register appoints new Strategic Business Partner and Senior Representative in Japan](https://nafsgreen.gr/lloyds-register-appoints-new-strategic-business-partner-and-senior-representative-in-japan/): This strategic move underscores LR’s commitment to strengthening its presence and expanding its influence within the Japanese maritime industry.  Lloyd’s Register (LR) has announced the appointment of Jim Smith as its new Strategic Business Partner and Senior Representative for LR in Japan.  In his new role, Jim will leverage his extensive experience and expertise to foster mutual growth and economic success for LR and its clients. He will also represent LR externally within Japan, working closely with clients to deliver tailored solutions that meet their business needs. Jim’s appointment is complemented by the continuing support of Hiromitsu Kikuchi who has been appointed […] - [MSC Cruise sailings started at the Port of Piraeus, a leading homeport cruise port in the Mediterranean](https://nafsgreen.gr/msc-cruise-sailings-started-at-the-port-of-piraeus-a-leading-homeport-cruise-port-in-the-mediterranean/): The Management of PPA S.A. welcomed the MSC Sinfonia to the port of Piraeus for 2025, hosting a special event where PPA’s DCEO, Cpt. Jin Beiyuan, exchanged commemorative plaques with the ship’s captain, Mr. Giuseppe Cazzano. The MSC Sinfonia, with a capacity of 2,646 passengers, and 274.9 meters in length and 13 decks, is expected to make 52 arrivals in Piraeus by the end of this year.  MSC Cruises, which operates primarily embarkation cruises throughout the year, is expected to approach the port 110 times in 2025 with its ships – including MSC Sinfonia, MSC Fantasia, MSC Armonia, and luxury vessel […] - [CMA D. ARGOUDELIS & CO S.A. Recognized Among the Best Workplaces™ in Professional Services & Consulting Hellas 2025](https://nafsgreen.gr/cma-d-argoudelis-co-s-a-recognized-among-the-best-workplaces-in-professional-services-consulting-hellas-2025/): CMA D. ARGOUDELIS & CO S.A. proudly announces its inclusion in the inaugural Great Place to Work® “Best Workplaces™ in Professional Services & Consulting Hellas 2025” industry list. This prestigious recognition comes as a result of the company’s participation in the annual Trust Index© work environment survey and marks CMA’s fourth consecutive certification by Great Place to Work® Hellas. The distinction is based on the anonymous and confidential evaluation of CMA’s employees regarding their experiences in the workplace. With an impressive 89% score achieved under the “For All” methodology, this ranking reflects the company’s commitment to cultivating a supportive, inclusive, and […] - [37th Bureau Veritas Hellenic Marine Technical Committee Meeting](https://nafsgreen.gr/37th-bureau-veritas-hellenic-marine-technical-committee-meeting/): Bureau Veritas Marine & Offshore (BV) recently hosted the 37th Hellenic Marine Technical Committee meeting at the Grand Hyatt Hotel in Athens, bringing together maritime leaders and technical experts to discuss critical issues shaping the industry.  The meeting began with a welcome address from George Sarris, Chairman of the Committee and President of Enterprises Shipping & Trading S.A., who emphasized the importance of collaboration in addressing the sector’s challenges. George Andreadis, Marine Chief Executive for Greece at BV, echoed this sentiment, reaffirming Bureau Veritas’ commitment to supporting the Greek maritime community. The event featured a series of key presentations. Dr. John Kokarakis, […] - [Europort 2025, A Roaring Success](https://nafsgreen.gr/europort-2025-a-roaring-success/): The maritime community came together at Europort 2025, Rotterdam this week to focus minds on the ideas, innovation, and international collaboration needed by an industry that is simultaneously challenged by accelerating energy transition and digitalisation, financial uncertainty and the test of attracting next generation talent. The successful 42nd edition of Europort concluded following four intense days of conferences, networking, award ceremonies and high-powered panel discussions that assessed how global forces are reshaping the industry and creating new opportunities. Welcoming over 23,000 visitors from 87 countries, the sold-out exhibition featured 1,100 exhibitors and 13 national pavilions. Europort officially opened on Tuesday 4 November […] - [Europort 2025: A Sold-Out Global Stage](https://nafsgreen.gr/europort-2025-a-sold-out-global-stage/): “Cooperation is key, unity is strength and that is exactly what we need in these turbulent times.” With that call to action, Marja van Bijsterveldt, Special Envoy for the Dutch Maritime Industry, officially opened Europort 2025 at Rotterdam Ahoy. Her words set the tone for a week in which the maritime world gathers to shape the future of an industry that is vital not only to the Netherlands but to Europe as a whole. Roaring twenties Her message perfectly captured the theme of this year’s Opening Summit: “The Benefits of the Roaring Twenties – A Sea of Opportunities.” Drawing parallels between […] - [Euploia Announces Participation in Marintec China 2025](https://nafsgreen.gr/euploia-announces-participation-in-marintec-china-2025/): Euploia Drydocks and Services Ltd, a pioneer in maritime solutions, will participate in Marintec China 2025, highlighting its commitment to innovation, sustainability, and advanced maritime services.   Marintec China Exhibition is a leading platform for maritime professionals and decision-makers worldwide. The exhibition offers Euploia the opportunity to explore new technologies and services and connect with potential partners.  Mr. Charis Valentakis, Managing Director of Euploia Drydocks and Services Ltd, stated: “Our participation in Marintec China 2025 reflects Euploia’sforward-looking approach. During the exhibition, we have scheduled important meetings with companies we already collaborate with in Spare Parts, Drydocks, and Special Projects. Marintec also provides an excellent opportunity to establish new partnerships across all areas of our activity, with a particular focus on green technologies — the main reason behind our participation this year.”  Euploia Drydocks and Services Ltd will use the exhibition to […] - [Armonia Unveils Tailored Maritime Solutions at Marintec](https://nafsgreen.gr/armonia-unveils-tailored-maritime-solutions-at-marintec/): Armonia Trading and Commercial Applications Limited, a trusted partner in maritime trading and technical supply solutions, proudly announces its participation in 𝗠𝗮𝗿𝗶𝗻𝘁𝗲𝗰 𝗖𝗵𝗶𝗻𝗮 𝟮𝟬𝟮𝟱, one of the world’s most prestigious maritime exhibitions. The company’s participation highlights its commitment to delivering 𝗵𝗶𝗴𝗵-𝗾𝘂𝗮𝗹𝗶𝘁𝘆, 𝗰𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 and fostering long-term partnerships within the global maritime sector. Known for its customer-centric approach and diverse product portfolio, Armonia provides a wide range of 𝘁𝗲𝗰𝗵𝗻𝗶𝗰𝗮𝗹, 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹, 𝗮𝗻𝗱 𝘀𝘂𝗽𝗽𝗹𝘆 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀 designed to meet the specific needs of shipowners, shipyards, and maritime organizations worldwide. The exhibition will serve as a strategic platform for the company to present its capabilities, explore […] - [RINA Expands in Southeast Asia with New Open Innovation Hub in Singapore](https://nafsgreen.gr/rina-expands-in-southeast-asia-with-new-open-innovation-hub-in-singapore/): RINA Open Innovation Hub in Singapore strengthens its position by marking a key step in its global strategy. To underscore the significance of this development, the company organised the first Singapore Open Innovation Hub Advisory Committee. The event set the stage for further strategic collaborations, including the signing of Memoranda of Understanding (MoUs) with the Singapore Institute of Technology (SIT) and the Maritime and Port Authority (MPA) of Singapore. RINA also supported the Smart Port Challenge by PIER71, reinforcing its commitment to innovation and partnerships in Singapore’s ecosystem. RINA, the multinational consulting engineering, inspection and certification group, has this week marked crucial milestones in […] - [ABS Joins Korean Agency for Technology and Standards](https://nafsgreen.gr/abs-joins-korean-agency-for-technology-and-standards/): ABS and Korean Agency for Technology and Standards (KATS) signed a memorandum of understanding (MOU) to explore the international standardization of smart ship and shipyard technologies related to shipbuilding and ship maintenance, repair and overhaul. Through a series of joint workshops and seminars, the organizations will exchange information to strengthen international standardization capabilities and streamline certification procedures for Korean equipment manufacturers. The MOU also allows ABS and KATS to develop a conformity assessment framework to verify equipment compliance with various international regulations. “It’s important to have an open dialogue with valued colleagues to address technical, operational and regulatory topics. We are […] - [MarTrust and ISWAN Unite to Strengthen Seafarer Wellbeing](https://nafsgreen.gr/martrust-and-iswan-unite-to-strengthen-seafarer-wellbeing/): MarTrust, part of Marcura, and the crew payments solution supporting more than 150,000 seafarers worldwide, has partnered with the International Seafarers’ Welfare and Assistance Network (ISWAN), the international not-for-profit maritime organisation providing 24/7 helplines and welfare resources for seafarers and their families. The partnership is designed to improve awareness and access to mental health and financial wellbeing support across the maritime sector.  Data and insight to strengthen crew welfareA financial donation from MarTrust will support ISWAN’s welfare and outreach programmes, including the launch of a new Power BI Dashboard. The dashboard will bring together data and insights from ISWAN’s helplines on […] - [Lloyd's Register Backs BAE's New Navy Frigates](https://nafsgreen.gr/lloyds-register-backs-baes-new-navy-frigates/): Lloyd’s Register (LR) has been awarded a contract from BAE Systems Maritime Australia (BAESMA) for Naval Classification New Construction Services for the first three Royal Australian Navy Hunter class frigates. The Hunter class frigates are based on the design of the UK Type 26 frigate and are being built at Osborne Naval Shipyard in South Australia. Under the contract, LR will ensure that the design and construction of the anti-submarine warfare frigates are compliant with LR Rules and Regulations for the Classification of Naval Ships. The contract will continue through to entry into service of the third ship and ensure all […] - [Lofrans’ & MAX POWER Convention 2025](https://nafsgreen.gr/lofrans-max-power-convention-2025/): The third Lofrans’ & MAX POWER Convention unfolded this October at the breathtaking LaLiBay Resort & Spa on Aegina Island. Τhe convention has become a key event for the brands’ global network – an essential platform for sharing insights and shaping the future of boating, attracting an increasing number of participants each year.  This convention brought together over 70 representatives of Lofrans’ and MAX POWER worldwide distribution and service network from more than 15 countries.  During this year’s edition, the manufacturing brands showcased exciting new product developments designed in line with market insights and the evolving needs of the boating industry, […] - [LALIZAS Branches Synergy Summit 2025](https://nafsgreen.gr/lalizas-branches-synergy-summit-2025-2/): Once again, the LALIZAS Force travelled from all over the world to gather on the island of Aegina for the LALIZAS Branches Synergy Summit, which takes place every two years. More than 80 colleagues from across the globe, Greece, Italy, Spain, Turkey, Croatia, Montenegro, the Netherlands, the United Kingdom, the USA, Canada, Brazil, Colombia, the United Arab Emirates, the Philippines, and South Africa, came together for this unique event. The summit was a great opportunity for everyone, from long-standing team members to newly integrated colleagues, to meet, connect, and “cross borders.” Over three full days, participants attended presentations and training sessions […] - [INTERCARGO reaffirms unity and momentum at 45th Anniversary AGM in Athens](https://nafsgreen.gr/intercargo-reaffirms-unity-and-momentum-at-45th-anniversary-agm-in-athens/): The International Association of Dry Cargo Shipowners (INTERCARGO) held its Annual General Meeting and Semi-annual meetings at the Four Seasons Astir Palace in Athens on 3–4 November 2025, marking continued growth and important milestones in representing the dry bulk shipping sector.  The events coincided with the Association’s 45th Anniversary Gala Dinner, attended by senior figures from the Greek and international maritime community.  The meetings brought together members and guests from around the world for two days filled with discussions on the Association’s initiatives for safer, quality-driven, and sustainable dry bulk shipping, in collaboration with stakeholders worldwide. The agenda covered a broad […] - [ABS and Siemens to Advance Digitalization in Shipbuilding](https://nafsgreen.gr/abs-and-siemens-to-advance-digitalization-in-shipbuilding/): ABS and Siemens Digital Industries Software (DISW) have signed a memorandum of understanding to accelerate the digital transformation of maritime classification processes across ship design and construction. The collaboration will also advance product lifecycle management (PLM) technology to enhance efficiency, data integrity and regulatory compliance throughout the vessel life cycle. The MOU establishes a framework for both organizations to collaborate on projects such as Class Rule application during 3D design, model-based verification and digital twin integration, secure data exchange between ship designers and Class along with joint research projects and workshops. The agreement will leverage the ABS PLM platform, ABS Freedom™, […] - [Global partnership launches International Maritime Future Technologies Innovation Centre](https://nafsgreen.gr/global-partnership-launches-international-maritime-future-technologies-innovation-centre/): The new centre will focus on developing and testing zero-carbon and intelligent-ship technologies, building on joint research into fleet decarbonisation models. Lloyd’s Register (LR), in collaboration with COSCO Shipping Group, Shanghai Jiao Tong University and the University of Southampton, has established the International Maritime Future Technologies Innovation Centre. The new virtual centre aims to advance research and development in low- and zero-carbon maritime technologies, intelligent ship systems and digital innovation. The Centre will serve as a global platform for collaboration between industry and academia, supporting the sector’s transition towards a smarter and more sustainable future. It will focus on translating research […] - [Wallem Group reaches a century in Hong Kong](https://nafsgreen.gr/wallem-group-reaches-a-century-in-hong-kong/): Wallem Group, a leading global maritime partner, is celebrating the centenary of moving its headquarters to Hong Kong. The celebrations will be marked by a special event on 12 November 2025 in the presence of Guest of Honour Hong Kong Finance Secretary, commemorating 100 years since the relocation – 22 years after Norwegian shipbroker and agent Haakon Wallem formed Wallem & Co. in 1903. By 1925, Haakon had earned the nickname ‘Typhoon Wallem’, reflecting his energy and business acumen and his deployment of both to support Chinese shipowners. In the 100 years since, shipping has been buffeted by wars, piracy, economic crises, […] - [ABB Azipod® propulsion to power new Canadian icebreaker](https://nafsgreen.gr/abb-azipod-propulsion-to-power-new-canadian-icebreaker/): ABB has secured a contract with Helsinki Shipyard to supply a complete electric power and propulsion solution for the Polar Max icebreaker, which is expected to be delivered to the Canadian Coast Guard by 2030. Uniquely, Polar Max will be constructed through an innovative industrial collaboration between Canadian-controlled facilities in Helsinki, Finland and Lévis, Canada.The 22,800-tonne, 138.5-meter vessel is the first shipbuilding project at Helsinki Shipyard under the ownership of Davie, the Quebec-based international shipbuilder. In addition to icebreaking, the ship will also function as a research vessel, while supporting oil spill response operations and emergency towing, responding to maritime emergencies, […] - [Ned Marine Secures Exclusive European Agreement](https://nafsgreen.gr/ned-marine-secures-exclusive-european-agreement/): During Europort 2025, one of the largest maritime events in Europe, Ned Marine Services (NMS) signed an exclusive distribution agreement with Innovative Manufacturing, a Canadian manufacturer specializing in anti-corrosive protection tapes for piping systems, offshore structures, and industrial installations. Under the new partnership, Ned Marine Services becomes Innovative Manufacturing’s exclusive master distributor for all regions between Turkey and Finland, i.e. covering Europe and the Baltic states. The agreement strengthens NMS’s position as a leading provider of corrosion protection and marine maintenance solutions. “We were looking for a strong, knowledgeable distributor with deep roots in the maritime industry,” says Adam Eweida, Managing […] - [Bureau Veritas cooperates to accelerate maritime nuclear](https://nafsgreen.gr/bureau-veritas-cooperates-to-accelerate-maritime-nuclear/): Bureau Veritas (BV), a world leader in testing, inspection, and certification, along with more than 30 European companies from the French and international nuclear and maritime sectors, has formally signed the Declaration of Cooperation for Accelerating Nuclear for Maritime Applications to meet Climate Ambitions during the World Nuclear Exhibition in Paris. The signing represents a landmark initiative uniting international stakeholders across the nuclear, maritime, research, financial and regulatory communities in a shared commitment to promote a European initiative to advance the safe and sustainable use of nuclear technologies for maritime decarbonization. The declaration recognizes the critical role of the maritime sector in achieving global climate […] - [CMA D. ARGOUDELIS Joins AMMITEC as Sponsor](https://nafsgreen.gr/cma-d-argoudelis-joins-ammitec-as-sponsor/): CMA D. ARGOUDELIS & CO S.A., a leading provider of integrated automation and marine technology solutions, is proud to announce that it has become an official Sponsor Member of the Association of Maritime Managers in Information Technology & Communications (AMMITEC), the non-profit scientific association uniting ICT and technology professionals of the global shipping industry.  As a sponsor of AMMITEC, CMA now engages more closely with the maritime technology ecosystem — including shipowners, managers, ICT leaders, systems integrators and maritime-tech innovators.  This membership enables CMA to: CMA expresses its sincere gratitude to Dr. Matthew Mahairas, the newly-appointed President of AMMITEC, for his […] - [DFDS optimises fleet deployment and sells freight ferry](https://nafsgreen.gr/dfds-optimises-fleet-deployment-and-sells-freight-ferry/): DFDS has entered an agreement to sell the freight ferry (RoRo) Cappadocia Seaways as a part of DFDS’ ongoing fleet optimization.  After more than 23 years of service, DFDS is selling the freight ferry Cappadocia Seaways, following an evaluation of DFDS’s current and future capacity needs across its network.  The ferry has been a part of DFDS’ fleet operating in the Mediterranean network. In its place, DFDS will deploy Selandia Seaways which is a 197m long freight ferry with a capacity up to 2,772 lane meters, equivalent to 177 trailers.  Selandia Seaways is set to operate on the Tunis-Marseille route, while […] - [French Flag for the largest LNG-powered ships in the world](https://nafsgreen.gr/french-flag-for-the-largest-lng-powered-ships-in-the-world/): On the occasion of the 20th edition of the Assises de l’Économie de la Mer, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, announced the entry into the fleet and registration under the French flag (French International Register – RIF) of ten Liquefied Natural Gas (LNG) dual-fuel vessels, each with a remarkable capacity of 24,212 TEUs, among the largest and most energy-efficient in the world. By choosing France, CMA CGM is making a powerful statement in favor of French maritime and logistical sovereignty on the global stage. Rodolphe Saadé declared: “CMA CGM has decided to register ten new […] - [24th Navigator 2025 – The Shipping Decision Makers Forum
“Shape The Seas”](https://nafsgreen.gr/24th-navigator-2025-the-shipping-decision-makers-forum-shape-the-seas/): The 24th NAVIGATOR – The Shipping Decision Makers Forum 2025 returns more dynamic than ever on Tuesday, November 11, 2025, from 09:00 to 16:30 at the Stavros Niarchos Foundation Cultural Center Lighthouse, under the theme “SHAPE THE SEAS” – a call to the maritime community to actively shape the future of the sea. For nearly three decades, the NAVIGATOR Forum has been a think tank of ideas, strategy, and dialogue, where the shipping industry’s decision makers meet to exchange experiences, forecast trends, and co-design the course of a sector that serves as a cornerstone of both the Greek and global economy. […] - [Euploia Drydocks and Services Ltd proudly presents Gulf Turbo Solutions Group](https://nafsgreen.gr/euploia-drydocks-and-services-ltd-proudly-presents-gulf-turbo-solutions-group/): Euploia Drydocks and Services Ltd is the exclusive agent in Greece for Gulf Turbo Solutions, a global leader in authorized turbocharger services, genuine spares, and innovative solutions. With strategically located facilities in Dubai, Sharjah, Fujairah, Singapore, ASRY–Bahrain, Rotterdam and China as well as maker trained, experienced service engineers who can travel globally to serve customers. Gulf Turbo Solutions brings unmatched award winning technical expertise and global reach to shipowners and industrial operators worldwide. Authorizations: Spare Parts Availability: Gulf Turbo Solutions maintains extensive stock of commonly used spare parts in the UAE and Singapore, with dispatch usually completed the same day an […] - [FLOWRA and ClassNK to collaborate](https://nafsgreen.gr/flowra-and-classnk-to-collaborate/): The Floating Offshore Wind Power Technology Research Association (FLOWRA) of Japan and Nippon Kaiji Kyokai (ClassNK) have signed, a Memorandum of Understanding to explore technology development cooperation in the field of floating offshore wind. FLOWRA and ClassNK will explore the possibilities of collaboration in floating offshore wind development. FLOWRA is a technical research association that works with overseas organisations to research and develop common basic technologies for floating offshore wind to reduce costs and risks. ClassNK is an independent, non-profit international classification society, ensuring maritime safety and environmental protection through comprehensive inspection and certification services across a global network. Comments by […] - [IBIA partners with INTERCARGO ](https://nafsgreen.gr/ibia-partners-with-intercargo/): The International Bunker Industry Association and the International Association of Dry Cargo Shipowners (INTERCARGO) have entered into a reciprocal membership agreement to reinforce collaboration between the dry bulk shipping and marine fuels communities. This new partnership formalises the close working relationship between the two associations and reflects their shared commitment to advancing safe, efficient, and sustainable maritime operations, particularly in the areas of fuel quality, safety, and decarbonisation. Through reciprocal membership, IBIA and INTERCARGO will gain greater access to each other’s expertise, activities, and working groups. The agreement will encourage the exchange of knowledge and best practices, strengthen coordination in international […] - [CSC: Shipping Continues Navigating Towards Decarbonisation](https://nafsgreen.gr/csc-shipping-continues-navigating-towards-decarbonisation/): Two weeks ago, following an intense week of deliberations, the majority of the Member States of the International Maritime Organisation (IMO) voted in favour of postponing discussions on the Net Zero Framework (NZF) for one year. The NZF will define the measures that will guide shipping towards the IMO’s 2050 zero-emissions targets, providing clarity for shipowners and low-carbon fuel producers to move forward with key investments. The next extraordinary MEPC session to be held in twelve months, will give Member States the opportunity to build broader consensus on the framework’s content and structure. Looking at recent developments regarding the NZF, the […] - [Annual Stats Report from IUMI](https://nafsgreen.gr/annual-stats-report-from-iumi/): The International Union of Marine Insurance (IUMI) has, today, released its 2025 analysis of the global marine insurance market – the IUMI “Stats Report”. This annual document reports on the state of the marine insurance sector within the framework of the global economy, trade and shipping. Data is gathered from a number of agencies including IUMI’s own sources and is analysed and presented with some additional commentary.  Highlights from this year’s report includes: The report also provides an update on IUMI’s Major Claims Database which contains data from 2013 onward with 30 national insurance associations now contributing to the hull and […] - [ABS Approves Advanced Remote Technology](https://nafsgreen.gr/abs-approves-advanced-remote-technology/): ABS granted approval in principle (AIP) for Samsung Remote Operation Center (SROC), a remote operation management solution designed to enhance the efficiency and safety of maritime vessels and offshore units. The technology was reviewed by ABS for compliance in accordance with the ABS Requirements for Autonomous and Remote-Control Functions, recognizing its remote operational capability to manage auxiliary and industrial processes, cargo handling, and ballast and trim machinery functions. “Remote operation centers provide real-time monitoring and systems oversight, supporting autonomous and remote-control applications. We are excited to work together with SHI to support the development of a cutting-edge facility, engineered to enhance maritime […] - [INTERCARGO hits record membership before 45th anniversary](https://nafsgreen.gr/intercargo-hits-record-membership-before-45th-anniversary/): The International Association of Dry Cargo Shipowners (INTERCARGO) is marking its 45th anniversary in 2025 with record membership, expanded global reach and a renewed focus on the industry’s future priorities. The Association now counts more than 350 members from more than 35 countries, comprising more than 180 Full Members, representing more than 4,400 bulk carriers totalling near 420 million DWT. This equates to approximately 40% by DWT of the global dry bulk carrier fleet, highlighting INTERCARGO’s growing influence and representation across the sector.  Since its foundation in 1980, INTERCARGO has steadily expanded its global reach, welcoming shipowners, managers, operators, and service […] - [ABS Approves Innovative Design from SHI for Fire and Gas Detection Systems](https://nafsgreen.gr/abs-approves-innovative-design-from-shi-for-fire-and-gas-detection-systems/): ABS awarded approval in principle (AIP) to Samsung Heavy Industries (SHI) for its novel design of a wireless fire and gas detection system that advances safety in maritime operations. Conventional detection systems use power cables to transmit signals to a control panel. The new design from SHI uses a vessel’s metal structure as the low-voltage power transmission medium. Similarly, signals from the fire detection and alarm devices are converted into magnetic waves and transmitted wirelessly via the ship’s metal surface to the control station. “This is a unique approach from SHI to provide a wireless detection system that promises to overcome […] - [Seafarers happiness declines as the Mission to Seafarers warns of deepening strain across the workforce](https://nafsgreen.gr/seafarers-happiness-declines-as-the-mission-to-seafarers-warns-of-deepening-strain-across-the-workforce/): The latest Seafarers Happiness Index (SHI) from The Mission to Seafarers reveal a significant downturn in seafarer wellbeing, raising concerns about worsening working and living conditions at sea after a period of encouraging improvement earlier this year. The average happiness level among seafarers fell to 7.05 out of 10 in the third quarter of 2025, a sharp decline from 7.54 in the previous quarter. These results mark a widespread drop across nearly every aspect of life at sea, with only digital connectivity showing any improvement, and a reversal of the positive momentum seen in mid-2025. The data shows deterioration in key […] - [WISTA International Conference drives momentum for united action towards a sustainable future](https://nafsgreen.gr/wista-international-conference-drives-momentum-for-united-action-towards-a-sustainable-future/): Collaboration is key across maritime, trade and logistics if the sectors are to achieve their goals on equality, gender diversity and decarbonisation, according to speakers at the 2025 WISTA AGM and Conference, held in Barcelona between 22-24 October. The event, the largest staged by the association in its more than 50-year history, brought together over 400 maritime professionals and leaders from around the world. In her keynote speech, WISTA International President, Elpi Petraki stressed that collective commitment had been the source of WISTA’s strength in moving the entire maritime industry forward on gender equality. “Collaboration has always been shipping’s greatest strength. […] - [Tripartite reaffirms support for IMO as global regulator](https://nafsgreen.gr/tripartite-reaffirms-support-for-imo-as-global-regulator/): In light of recent developments, the Tripartite participating organisations reaffirmed their support to the International Maritime Organization (IMO) as the global regulator for international shipping, capable of delivering effective regulations in close collaboration with the maritime community. The Tripartite Forum of shipbuilders, shipowners and classification societies convened for their annual conference in Busan, South Korea, bringing together more than 70 delegates from 13 countries.   The Tripartite has been meeting for over two decades and has a distinguished record of tackling the most significant engineering challenges, notably initiating the development of the Common Structural Rules for bulk carriers and tankers, Permanent Means […] - [Accelleron extends reach of LOREKA360° digital solutions in Korea with LAB021 tie-up](https://nafsgreen.gr/accelleron-extends-reach-of-loreka360-digital-solutions-in-korea-with-lab021-tie-up/): Accelleron has signed an agreement with maritime software developer LAB021 to extend the reach of its digital solutions among Korean shipbuilders, owners and operators. Through this agreement, LAB021 can now further enhance operational efficiency for its customers – including more than 700 vessels already using its Vessellink ship management platform – by offering Accelleron LOREKA360° digital optimization solutions. Under the agreement, Accelleron will also promote Vessellink to its worldwide base of digital solutions customers. The partners will cooperate to improve integration between their platforms, driving optimization opportunities for ship operators. Korean shipyards build some of the most technically advanced vessels in […] - [CLIA showcases the benefits of sustainable cruise tourism in Greece by highlighting environmental progress and economic benefits](https://nafsgreen.gr/clia-showcases-the-benefits-of-sustainable-cruise-tourism-in-greece-by-highlighting-environmental-progress-and-economic-benefits/): Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, is showcasing the benefits of a thriving cruise sector for communities in Greece with the launch of an exhibition on sustainable cruise tourism in partnership with the Eugenides Foundation. The opening event of the Exhibition, held yesterday at the premises of Eugenides Foundation, follows CLIA’s campaign which, through a series of videos, aims to amplify the voice of the cruise community in Greece and showcase how the sector is a driving force for growth and prosperity. Mrs. Maria Deligianni, Regional Director, Eastern Mediterranean, CLIA, said:“Greece is at the […] - [Circular Route at Europort shows how smart use of raw materials is futureproofing the maritime sector](https://nafsgreen.gr/circular-route-at-europort-shows-how-smart-use-of-raw-materials-is-futureproofing-the-maritime-sector/): During Europort 2025 from 4 to 7 November, Rotterdam Ahoy will be the stage for the world’s first Circular Route: an innovative tour of frontrunners who demonstrate that smarter use of raw materials is not only good for the planet, but also economically and strategically smart. Fifteen leading maritime (manufacturing) companies will present how circular design, construction, maintenance, and reuse of materials, components, systems or even entire ships contribute to a future-proof and competitive sector. AEGIR-Marine, Alewijnse, Allard Europe/Royal IHC, THB Verhoef, Bureau Veritas Marine & Offshore, Holland Shipyards Group, Damen Shipyards, Rotterdam Ship Repair, NIM (Netherlands Innovation Society), CEAD, Van […] - [Software Innovation Meets Maritime Expertise in Houston Gathering](https://nafsgreen.gr/software-innovation-meets-maritime-expertise-in-houston-gathering/): ABS Wavesight™, the ABS-affiliated software-as-a-service (SaaS) company, brought together customers for two days of interactive sessions to hear the latest product updates, strategic initiatives and best practices for optimizing the user experience with the full portfolio of ABS Wavesight software. “For more than 25 years, our user summit has been the anchor point for unveiling our latest innovations and connecting with the maritime software community to shape what’s next. I’m proud to highlight our most recent product, ABS Wavesight Advantage™, an intelligent, unified platform that is built to support the power of one, where 1% of fuel savings through software-driven performance efficiencies can […] - [IBIA evolves to support shipping’s energy transition](https://nafsgreen.gr/ibia-evolves-to-support-shippings-energy-transition/): IBIA, the International Bunker Industry Association, is evolving to effectively support shipping’s energy transition. As the industry transitions to low and zero carbon fuels such as biofuels, LNG, methanol, and ammonia, IBIA is expanding its membership and services to better represent a broader marine fuels supply chain. As the industry continues its shift toward low and zero carbon fuels, IBIA is building on its existing work to address the growing need for reliable bunkering infrastructure, fuel quality standards, and safe delivery processes while remaining committed to supporting transparency, quality and availability of conventional fuels during the transitional period. Constantinos Capetanakis, Chair, IBIA Board […] - [Chalkis Shipyards Awarded ISO 14001:2015 Certification
Strengthening Commitment to Environmental Sustainability](https://nafsgreen.gr/chalkis-shipyards-awarded-iso-140012015-certification-strengthening-commitment-to-environmental-sustainability/): Chalkis Shipyards S.A., a leading player in ship repair and refit services, has officially received ISO 14001:2015 certification from Bureau Veritas, recognizing its robust Environmental Management System. This achievement highlights the shipyard’s ongoing dedication to reducing its environmental impact through structured waste management, pollution prevention, and energy-efficient practices. It also complements Chalkis Shipyards’ existing certifications in ISO 9001:2015 (Quality Management) and ISO 45001:2018 (Occupational Health & Safety), reflecting a well-rounded commitment to operational excellence.With this latest certification, Chalkis Shipyards strengthens its position as a responsible and forward-looking partner in the maritime industry, integrating sustainable practices across all aspects of its operations - [Cyprus Maritime 2025: Strengthening Greece–Cyprus Cooperation in Shipping and Advancing Shipbroking Education](https://nafsgreen.gr/cyprus-maritime-2025-strengthening-greece-cyprus-cooperation-in-shipping-and-advancing-shipbroking-education/): Mr. John N. Cotzias, President of the Hellenic Shipbrokers Association (HSA), met today with Ms. Marina Hadjimanolis, Shipping Deputy Minister of the Republic of Cyprus, on the occasion of the Cyprus Maritime 2025 Conference Week in Limassol.The meeting took place in a highly constructive and positive atmosphere, underscoring the long-standing maritime partnership between Greece and Cyprus and reaffirming the mutual commitment of both sides to deepen cooperation through education, innovation, and professional development within the wider Eastern Mediterranean maritime cluster.Discussions focused on the pivotal role of shipbroking as a cornerstone of international trade and maritime commerce, and on the importance of […] - [Euploia Drydocks & Services Ltd signs cooperation agreement with Qingdao West Coast Line Shipping Co., Ltd](https://nafsgreen.gr/euploia-drydocks-services-ltd-signs-cooperation-agreement-with-qingdao-west-coast-line-shipping-co-ltd/): Euploia Drydocks and Services Ltd proudly announces the signing of a cooperation agreement with Qingdao West Coast Line Shipping Co., Ltd, a trusted provider of hatch cover services based in Qingdao, China. This strategic partnership further enhances Euploia’s ability to deliver high-quality solutions to the Greek and international maritime community. Statement from Qingdao West Coast Line Shipping Co., Ltd.: Mr. Ye Bao Cheng, CEO of Qingdao West Coast Line Shipping Co., Ltd, commented: “We are very pleased to establish this cooperation with Euploia Drydocks and Services Ltd. Our mission has always been to provide professional technology and high-quality services to shipowners worldwide. Through this partnership, we look forward […] - [Costis Frangoulis — The First Non-American President of the International Propeller Club](https://nafsgreen.gr/costis-frangoulis-the-first-non-american-president-of-the-international-propeller-club/): The 98th International Convention of the International Propeller Club, hosted in Lyon, France, from 13 to 15 October 2025, was successfully concluded, gathering wide participation from members and representatives across the global maritime community. The Convention closed with the appointment of the new Board of Governors — marking, for the first time in the organization’s 98-year history, the election of a non-American as President. That milestone belongs to Costis Frangoulis, Founder & CEO of Franman and current President of the Propeller Club, Port of Piraeus. Frangoulis has been closely tied to the growth of the Piraeus chapter. A lifetime member since […] - [New guidance provides industry-first roadmap for nuclear-powered shipping](https://nafsgreen.gr/new-guidance-provides-industry-first-roadmap-for-nuclear-powered-shipping/): Lloyd’s Register (LR) has published Navigating Nuclear Energy in Maritime, a new guidance document providing the first roadmap for the safe and responsible use of nuclear technology in commercial shipping and offshore industries.  As the maritime sector accelerates its transition towards sustainable energy solutions, nuclear power has re-emerged as a viable solution to achieve net-zero ambitions.   The guidance, developed in partnership with Global Nuclear Security Partners (GNSP) and marine insurer NorthStandard, sets out the practical steps project teams must take – outlining regulatory, technical, operational and financial requirements for integrating nuclear technology, such as small modular reactors (SMRs), into maritime assets.  With no international regulatory […] - [Lloyd’s Register launches Biofuel Advisory service to help accelerate shipping’s decarbonisation](https://nafsgreen.gr/lloyds-register-launches-biofuel-advisory-service-to-help-accelerate-shippings-decarbonisation/): Lloyd’s Register (LR) has launched its new Biofuel Advisory service at London International Shipping Week to help shipowners, fuel suppliers and producers adopt biofuels safely and at scale. Biofuels are emerging as one of the most proven and reliable alternative fuel options for reducing greenhouse gas emissions from shipping. LR’s new service is designed to remove uncertainty for the industry by providing end-to-end support across the biofuel supply chain, from production and certification through to delivery and onboard use. The initiative builds on two years of groundwork and combines LR’s energy transition advisory with the technical expertise of its Fuel Oil Bunker […] - [ERMA TECH GROUP Expands its Global Portfolio 
of Sustainable Maritime Technologies with the acquisition of Ultrasonic Antifouling Technology developed by HASYTEC](https://nafsgreen.gr/erma-tech-group-expands-its-global-portfolio-of-sustainable-maritime-technologies-with-the-acquisition-of-ultrasonic-antifouling-technology-developed-by-hasytec/): ERMA TECH GROUP, a future-forward leader in sustainable maritime technologies, is proud to announce the acquisition of Ultrasonic Antifouling Technology and associated Intellectual Property developed by HASYTEC. This strategic acquisition further strengthens ERMA TECH GROUP’s commitment to driving maritime decarbonisation and environmental protection, while reinforcing its position as a trusted provider of advanced, eco-friendly solutions for the global shipping industry. With the addition of this pioneering technology, ERMA TECH GROUP integrates Dynamic Biofilm Protection intelligent® (DBPi®) into its portfolio of advanced marine decarbonisation solutions.  DBPi® is a revolutionary AI-powered ultrasonic antifouling solution which prevents the accumulation of marine organisms such as algae and […] - [WISTA International and BIMCO sign MoU to strengthen collaboration for a sustainable maritime future](https://nafsgreen.gr/wista-international-and-bimco-sign-mou-to-strengthen-collaboration-for-a-sustainable-maritime-future/): The Women’s International Shipping & Trading Association (WISTA International) and BIMCO, the global trade association whose members represent 64% of the world’s tonnage, have signed a Memorandum of Understanding (MoU) to formalise collaboration in promoting diversity, sustainability, and professional excellence across the maritime industry. Working together, WISTA International and BIMCO aim to address shared industry challenges and create opportunities for professionals throughout the global shipping sector. The MoU establishes a framework for cooperation in key areas including: Elpi Petraki, President of WISTA International, said: “We are delighted to align with BIMCO, an organisation that shares our commitment to advancing a sustainable […] - [Moore Maritime Index 2025](https://nafsgreen.gr/moore-maritime-index-2025/): Moore Maritime Index “MMI”, a database that contains operating costs and revenues from more than 1,500 vessels, has been updated and is available with the 2024 data.The data comes from audited financial statements of ship owning companies and therefore, the results produced by the Index show the “real world” of financial performance of the shipping industry.The main takeaways for 2024 are:In dry bulk carriers, the level of the total operating expenses remained at similar levels compared to 2023. Specifically, it was observed an increase in spares expenses with the only exception being Panamax vessels which showed a decrease of 1%. On […] - [Cyprus Shipping Chamber Backs Global Push for IMO Net-Zero Framework](https://nafsgreen.gr/cyprus-shipping-chamber-backs-global-push-for-imo-net-zero-framework/): The Cyprus Shipping Chamber (CSC) expresses its strong support for the joint statement by seven leading international maritime associations calling for the urgent adoption of the “Net-Zero Framework” (NZF) at the upcoming Extraordinary Session of the IMO Marine Environment Protection Committee (MEPC), taking place 14–17 October. The statement is endorsed by the International Chamber of Shipping (ICS), European Shipowners (ECSA), Asian Shipowners’ Association (ASA), International Association of Ports and Harbors (IAPH), International Bunker Industry Association (IBIA), International Transport Workers’ Federation (ITF), and the World Shipping Council (WSC).Shipping, while recognised as one of the hardest sectors to decarbonise due to its global […] - [High-level discussion at Maritime Cyprus 2025 explores the evolving role of ship managers](https://nafsgreen.gr/high-level-discussion-at-maritime-cyprus-2025-explores-the-evolving-role-of-ship-managers/): The Maritime Cyprus 2025 Conference featured on 8 October 2025, a high-level panel discussion, titled “Safeguarding Shipowners in a Rapidly Changing Environment”, organised by the Cyprus Shipping Chamber. Distinguished speakers from leading ship-management companies in Cyprus Mr. Mark O’Neil (Columbia Group), Mr. Sebastian von Hardenberg (Bernhard Schulte Shipmanagement), Mr. Dieter Rohdenburg (InterMaritime Shipmanagement) and Mr. Jan Meyering (Marlow Navigation) shared their valuable insights on how ship managers are adapting to global challenges and evolving to better serve shipowners. The session, moderated by Mr. Sean Moloney, Managing Director of Elaborate Communications, explored how the role of ship managers has expanded in response […] - [Maritime Cyprus 2025 Conference concludes with forward-looking dialogue on safety, sustainability and the path toward climate resilience](https://nafsgreen.gr/maritime-cyprus-2025-conference-concludes-with-forward-looking-dialogue-on-safety-sustainability-and-the-path-toward-climate-resilience/): The Maritime Cyprus 2025 Conferenceentered its third and final day today, concluding three days of dynamic discussion under the central theme “Unlocking the Future of Shipping.” Building on the momentum of previous sessions, the final day’s agenda focused on the future of maritime safety, the transition toward climate resilience, and the technologies and partnerships that will define the next decade of global shipping. The day opened with an address by H.E. Mr. Costas Kadis, European Commissioner for Fisheries and Oceans, who outlined the European Union’s commitment to supporting shipping’s green and digital transitions. He highlighted Cyprus’s leadership as a maritime services hub and its […] - [Bureau Veritas Certifies Groundbreaking Floating Offshore Wind Project](https://nafsgreen.gr/bureau-veritas-certifies-groundbreaking-floating-offshore-wind-project/): Bureau Veritas Marine & Offshore (BV), a global leader in testing, inspection, and certification, is pleased to announce the successful certification of the Provence Grand Large (PGL) floating offshore wind project, a pioneering renewable energy initiative developed and owned by EDF power solutions, Enbridge and CPP Investments. Provence Grand Large represents a significant advancement in France’s sustainable energy landscape. Situated off the coast of Fos-sur-Mer, this cutting-edge offshore wind installation demonstrates the potential of floating wind technology. The project comprises three wind turbines, each with 8-megawatt capacity, capable of generating enough electricity annually to meet the needs of approximately 45,000 households. […] - [ABB’s automation and electrification technology to support floating green ammonia production vessel](https://nafsgreen.gr/abbs-automation-and-electrification-technology-to-support-floating-green-ammonia-production-vessel/): ABB has signed a term sheet agreement with SwitcH2 to engineer and supply automation and electrification solutions for SwitcH2’s floating production, storage and offloading (FPSO) unit dedicated to producing green ammonia from green hydrogen, to support future demand for low-carbon marine fuels. The FPSO facility will be stationed off the coast of Portugal and powered by certified renewable electricity from the national grid under a Power Purchase Agreements. It will feature a 300 MW electrolyzer with the potential to produce up to 243,000 tonnes of green ammonia annually.  As part of the term sheet agreement, ABB intends to deliver a prefabricated […] - [CSC Steers high level Industry Dialogue at Maritime Cyprus 2025 Conference Opening Day](https://nafsgreen.gr/csc-steers-high-level-industry-dialogue-at-maritime-cyprus-2025-conference-opening-day/): The Cyprus Shipping Chamber organised, on the opening day of the “Maritime Cyprus 2025” Conference held on 6 October 2025, a high-level panel discussion titled “Navigating Disruption: Steering the Shipping Industry Through Global Turbulences.” The discussion was moderated by Mr. Thomas A. Kazakos, Secretary General of the International Chamber of Shipping (ICS) and featured distinguished speakers from leading international shipowners’ organisations, including Mr. Themis Papadopoulos, Member of the Board and former Vice-Chairman of the ICS, Ms. Karin Orsel, President of the European Shipowners (ECSA), Ms. Ioanna Procopiou, President Designate of the Baltic & International Maritime Council (BIMCO) and Mr. Joe Kramek, […] - [Maritime Cyprus 2025 Conference continues with focus on resilience, cooperation and innovation across global shipping markets](https://nafsgreen.gr/maritime-cyprus-2025-conference-continues-with-focus-on-resilience-cooperation-and-innovation-across-global-shipping-markets/): The second day of the Maritime Cyprus 2025 Conference brought together international industry leaders for discussions spanning insurance, ownership and chartering trends, all under the overarching theme “Unlocking the Future of Shipping.” Speakers and delegates examined how cooperation, technology and long-term thinking will define the sector’s evolution amid ongoing regulatory, geopolitical, and economic change. The day opened with the “P&I Market: Latest Developments and Update about the Renewal Season 2026” panel, moderated by Mr. Filippo Fabbri, CEO at Lockton P.L. Ferrari, and featuring Mr. Paul Jennings, Managing Director at NorthStandard; Mr. Andrew Taylor, CEO at UK P&I Club; Mr. Jonathan Andrews, CEO at Steamship Mutual; and Mr. Rolf Thore Roppestad, CEO […] - [Maritime Cyprus 2025 opens with global leaders calling for unity, innovation and a sustainable future for shipping](https://nafsgreen.gr/maritime-cyprus-2025-opens-with-global-leaders-calling-for-unity-innovation-and-a-sustainable-future-for-shipping/): The Maritime Cyprus 2025 Conference opened today in Limassol under the main theme “Unlocking the Future of Shipping.” The event brought together more than one thousand participants from thirty-five countries, including heads of state, ministers, regulators, shipowners and senior industry figures. Organized by the Shipping Deputy Ministry, the Cyprus Union of Shipowners and the Cyprus Shipping Chamber, the three-day Conference reaffirmed Cyprus’s position as one of the world’s foremost maritime centers, and a bridge linking regional and global shipping communities. Opening the proceedings, Dr. Stelios Himonas, Conference Chairman of the Shipping Deputy Ministry, reflected on the event’s legacy since its first edition in 1989. He described Maritime […] - [Over 800 Distinguished Representatives attend Cyprus Shipping Chamber’s Reception ahead of “Maritime Cyprus 2025”](https://nafsgreen.gr/over-800-distinguished-representatives-attend-cyprus-shipping-chambers-reception-ahead-of-maritime-cyprus-2025/): The Cyprus Shipping Chamber successfully hosted its Reception ahead of the “Maritime Cyprus 2025” Conference on Sunday, 5 October, at the Amathus Beach Hotel in Limassol, attracting a remarkable turnout of over 800 distinguished representatives. The event brought together Ministers, Members of Parliament, Diplomats, State Officials, representatives of professional organisations, as well as senior executives from the Cyprus and Global Shipping Industry, highlighting the respect and prestige the Chamber enjoys both locally and abroad. In his address, the President of the Chamber, Mr. Andreas Neophytou, welcomed the attendees and emphasised the pivotal role of Cyprus Shipping in the national economy and […] - [Autonomous Vessel Navigation System Verified by ABS for Fuel-Saving Verification Framework](https://nafsgreen.gr/autonomous-vessel-navigation-system-verified-by-abs-for-fuel-saving-verification-framework/): ABS awarded a statement of compliance certificate to AVIKUS Co., Ltd., for the fuel-saving verification framework that AVIKUS has developed for HiNAS Control, an autonomous navigation system. ABS joined AVIKUS, shipping company HMM Co., Ltd., and the Liberian International Ship and Corporate Registry in a project to assess the fuel-saving potential of the navigation system by analyzing ship performance data from vessels with HiNAS Control installed. A verification framework was developed by AVIKUS to predict potential fuel savings in general vessel operations. ABS reviewed the framework based on existing international standards. The HiNAS Control system provides vessels with suggested optimal route […] - [Despina Panayiotou Theodosiou*: Tototheo Global- Building the Digital Backbone of Shipping](https://nafsgreen.gr/despina-panayiotou-theodosiou-tototheo-global-building-the-digital-backbone-of-shipping/): With decades of heritage in maritime communications, Tototheo Global has evolved into one of the world’s leading forces in connectivity, cybersecurity, and digital transformation. Today, the company is bridging sea and land, delivering mission-critical infrastructure not only for global fleets but also for energy, construction, and government operations. In this exclusive interview, the Tototheo Global leadership team outlines how their holistic approach—combining satellite technology, AI analytics, digital twins, and cyber resilience—is enabling smarter, safer, and greener shipping. At the heart of their message ahead of Maritime Cyprus 2025: connectivity is no longer a tool, it is the foundation of maritime innovation […] - [ABS Approves HD KSOE Design of an Ammonia Vent Gas Treatment System](https://nafsgreen.gr/abs-approves-hd-ksoe-design-of-an-ammonia-vent-gas-treatment-system/): An advanced design of an ammonia vent treatment system from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) received approval in principle (AIP) from ABS and the Liberian International Ship and Corporate Registry (LISCR). The ammonia vent treatment system integrates compact scrubbers to treat ammonia fuel, which can escape during the purging process, to maintain safe concentration levels before discharge through the vent mast. HD KSOE says this design also minimizes wastewater production. ABS completed design reviews based on class requirements and IMO Interim Guidance. “With our deep insight into the safety aspects of ammonia and advanced treatment technologies, we are […] - [Complete Everllence Propulsion Package Set for Newbuild Container Series](https://nafsgreen.gr/complete-everllence-propulsion-package-set-for-newbuild-container-series/): An undisclosed Asian shipbuilder has ordered Everllence propulsion packages in connection with the building of 5 × 8,400 teu container ships. The vessels and engines will be constructed in China. The scope of supply for each vessel covers:  Bjarne Foldager – Head of Two-Stroke Business – Everllence, said: “Our ambition has always been to be a world-class provider of complete propulsion packages and this notable project is a perfect showcase of the comprehensive solutions we can provide to the market – in this instance for a modern container-ship series.”  Foldager continued: “In particular, the ME-GI has had a strong start to […] - [ABS Approves LNG and Ethane Cargo Handling Systems from HD KSOE](https://nafsgreen.gr/abs-approves-lng-and-ethane-cargo-handling-systems-from-hd-ksoe/): Solutions Promise Enhanced Operations and Safety for LNG and Ethane Carriers  ABS has granted two approvals in principle (AIP) for advanced cargo handling systems designed for liquefied natural gas (LNG) carriers and ethane carriers, developed by HD Korea Shipbuilding & Offshore Engineering (HD KSOE). The subcooling refrigeration system is a key advancement in cargo temperature management for LNG carriers. Unlike conventional systems that rely on a single gaseous refrigerant, the subcooling system utilizes a mixed refrigerant of both gas and liquid, which HD KSOE believes enhances refrigeration efficiency by more than 10 percent. This approach mitigates the risk of boil-off gas […] - [ABS Launches Pioneering Technology Center in Saudi Arabia](https://nafsgreen.gr/abs-launches-pioneering-technology-center-in-saudi-arabia/): New ABS Research Hub in Dammam to Drive Innovation in Robotics, AI, and Advanced Digital Technologies at Sea  ABS has launched the Saudi Arabia Technology Center dedicated to industry-leading work on smart systems, robotics, AI and advanced digital technologies.Launched during the Saudi Maritime Logistics Congress, the pioneering research center supports the Kingdom’s maritime strategy for global leadership in shipping. Patrick Ryan, ABS Senior Vice President and Chief Technology Officer said: “We are witnessing unprecedented technology innovation in our industry, and this center will help ensure the Kingdom of Saudi Arabia is at the cutting edge of maritime research and talent development. […] - [Successful Installation of Anemoi Rotor Sails on U-Ming’s Grand Pioneer VLOC at COSCO Zhoushan Shipyard](https://nafsgreen.gr/successful-installation-of-anemoi-rotor-sails-on-u-mings-grand-pioneer-vloc-at-cosco-zhoushan-shipyard/): U-Ming Marine Transport Corporation (U-Ming) and leading wind propulsion technology provider Anemoi Marine Technologies Ltd. (Anemoi) are pleased to announce the successful completion of the Rotor Sail installation on U-Ming’s Grand Pioneer, a 325,000 DWT Very Large Ore Carrier (VLOC). U-Ming is the first Taiwanese shipowner to adopt Rotor Sails, marking a major milestone in the company’s decarbonisation strategy and underlining its role as a first mover in deploying innovative clean technologies. The four 35m tall, 5m diameter folding (tilting) Rotor Sails were delivered fully assembled and dynamically balanced from Anemoi’s production base on the Yangtze River and transported by barge to COSCO […] - [ClassNK grants Approval in Principle for Methanol Superstorage](https://nafsgreen.gr/classnk-grants-approval-in-principle-for-methanol-superstorage/): Nippon Kaiji Kyokai (ClassNK) has granted approval in principle (AiP) to SRC for Methanol Superstorage, the innovative tank design concept that uses a Sandwich Plate System (SPS) technology to almost double shipboard storage capacity for both methanol and ethanol. The ClassNK AiP confirms that Methanol Superstorage is feasible for the intended application in accordance with the Society’s ‘Guidelines for Ships Using Alternative Fuels, Part A: Guidelines for Ships Using Methyl/Ethyl Alcohol as Fuels (Edition 3.0.0)’. In contrast to traditional fuel tanks, where internal and external walls are separated by a cofferdam of at least 600 mm, Methanol Superstorage features SPS technology – a solid elastomer core […] - [Everllence, ABB and OceanWings Join Forces](https://nafsgreen.gr/everllence-abb-and-oceanwings-join-forces/): At GasTech 2025 in Milan, Everllence signed a Memorandum of Understanding (MoU) with ABB, the global technology leader in electrification and automation, and OceanWings, a global leader in wind-assisted propulsion systems.  The MoU aims to jointly develop an optimised propulsion concept that builds upon Everllence’s and ABB’s existing DFE+ (Diesel-Electric with variable speed) concept, that enables: With growing regulatory and financial pressure to reduce emissions and the technological maturity of wind-assisted propulsion systems (WAPS), the partners aim to showcase the benefits of combining WAPS with DFE+.  OceanWings’ proven wingsail technology features an Adaptive Trimming capability, which continuously optimises sail positioning by […] - [Lloyd’s Register and Oceanco sign agreement for world’s largest yacht support vessel](https://nafsgreen.gr/lloyds-register-and-oceanco-sign-agreement-for-worlds-largest-yacht-support-vessel/): The new project extends the companies’ 38-year partnership and will include energy-efficient systems and future fuel capabilities.  Lloyd’s Register (LR) has signed a contract with Oceanco to provide classification and certification services for what is set to become the world’s largest yacht support vessel. The agreement was signed during the Monaco Yacht Show at Port Hercule in the presence of the Yacht Club de Monaco.   The project builds on a 38-year collaboration between the two companies. The vessel will be built to LR class and is expected to exceed 100 metres and feature extended operational range, heavy-duty logistics capability and energy-efficient systems […] - [China’s first ship-to-ship methanol bunkering](https://nafsgreen.gr/chinas-first-ship-to-ship-methanol-bunkering/):  COSCO Shipping Heavy Industry (Shanghai) (CHI Shanghai) has successfully completed China’s first ship-to-ship methanol bunkering operation by a shipbuilding and repair enterprise at a shipyard’s berth, marking a major milestone in the nation’s adoption of alternative marine fuels. The operation took place at CHI Shanghai’s shipyard terminal, where the COSCO Shipping Libra safely bunkered 2,100 tons of methanol fuel within 10 hours. Bureau Veritas Solutions Marine & Offshore (BVS), a technical advisory arm of Bureau Veritas Marine & Offshore (BV), provided expert risk assessment and technical support, ensuring the safe and efficient execution of the project. The successful bunkering provides a replicable model for […] - [Nuclear Energy is a Credible, Scalable Solution for Maritime Applications Says ABS Chairman and CEO](https://nafsgreen.gr/nuclear-energy-is-a-credible-scalable-solution-for-maritime-applications-says-abs-chairman-and-ceo/): “Nuclear energy is no longer a distant possibility for maritime applications, it is emerging as a legitimate, practical, and scalable solution for a wide range of strategic uses. It is a credible long-term solution, not simply because of its potential to reduce emissions, but because it offers unmatched energy density, reliability, and strategic independence.” That was the message for the industry from ABS Chairman and CEO Christopher J. Wiernicki at the Core Power Argo Conference in Athens, Greece. “Across the maritime and energy sectors, the pieces are coming together: advanced reactor technologies, robust Class rules, purpose-built testing facilities, evolving regulatory frameworks, […] - [Software Is the Smartest Fuel: ABS Chairman and CEO Unveils Vision for Intelligent Maritime Operations](https://nafsgreen.gr/software-is-the-smartest-fuel-abs-chairman-and-ceo-unveils-vision-for-intelligent-maritime-operations/): The transformational impact of software on the performance of vessels and fleets was described by ABS Chairman and Chief Executive Christopher J. Wiernicki at a launch event in Greece for ABS Wavesight Advantage™, a powerful new intelligent platform. “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 five times faster than retrofits. Reducing emissions by just one metric ton of CO₂ equivalent per voyage can save more than €200 in carbon penalties. […] - [China Marks 76th Anniversary with Celebration in Athens, Spotlighting Strong Ties with Greece](https://nafsgreen.gr/china-marks-76th-anniversary-with-celebration-in-athens-spotlighting-strong-ties-with-greece/): The Chinese Embassy in Athens hosted a high-profile reception this week to mark the 76th anniversary of the founding of the People’s Republic of China, bringing together nearly 500 distinguished guests from politics, business, academia, culture, and the diplomatic community.  Among the attendees were Ioannis Plakiotakis, Vice President of the Hellenic Parliament, Christos Dimas, Minister of Infrastructure and Transport, and Giannis Loverdos, Deputy Minister of Foreign Affairs, who joined Ambassador Fang in addressing the audience. In his speech, Ambassador Fang emphasized China’s remarkable transformation over the past seven decades—from a nation scarred by poverty to the world’s second-largest economy. He underlined […] - [China exports shake off US tariff threat to power continued container trade growth](https://nafsgreen.gr/china-exports-shake-off-us-tariff-threat-to-power-continued-container-trade-growth/): New analysis by Maritime Strategies International cites emerging evidence that the demand side of the industry will prove better-insulated from tariffs than was expected earlier in the year, while a dynamic where Chinese exporters continue to export their manufactured goods surplus – above all to emerging economies – has significantly buoyed trade so far this year. In its Q3 Market Report ‘Faltering Freight’, MSI, notes that global container trade trends started 2025 on a strong footing and following an estimated 4.9% year-on-year expansion in the first quarter, world container trade is estimated to have grown by 4.4% yoy in Q2. Further […] - [CMA D. ARGOUDELIS & CO S.A. Becomes Official Service Partner of DEIF](https://nafsgreen.gr/cma-d-argoudelis-co-s-a-becomes-official-service-partner-of-deif/): CMA D. ARGOUDELIS & CO S.A., a leading provider of integrated automation, for the marine, industrial & energy sectors, is proud to announce the signing of a Service Partnership Agreement with DEIF A/S, a global leader in control solutions for decentralized power production, marine/offshore, and wind energy applications. With this agreement, CMA D. ARGOUDELIS & CO S.A. becomes an Official Service Partner of DEIF in Greece, strengthening its ability to deliver specialized technical service, maintenance, and support to the local market, backed by DEIF’s advanced technologies and international expertise. DEIF develops, manufactures, and markets innovative products under its own brand names, serving […] - [Headway Technology Group Pioneers with its OCCS](https://nafsgreen.gr/headway-technology-group-pioneers-with-its-occs/): Headway Technology Group Co., Ltd., a global leader in low-carbon solutions, proudly announces the successful installation of its groundbreaking Onboard Carbon Capture System (OCCS) aboard on a 57,000 DWT bulk carrier at Longshan Shipyard, Zhoushan, China. According to a press release of Headway, this milestone marks the first deployment of centrifugal OCCS in China, delivering unmatched efficiency and a compact design to advance maritime decarbonization. This landmark project sets a new standard for onboard carbon capture and according to Headway Technology Group Co., Ltd. it represents the first commercial application of centrifugal carbon capture technology globally, offering a competitive and scalable […] - [ABS Chief Executive Calls on Industry to Question Every Innovation “Does It Make Us Safer?”](https://nafsgreen.gr/abs-chief-executive-calls-on-industry-to-question-every-innovation-does-it-make-us-safer/): “We must design for safety, train for safety, and lead with safety. If we don’t, the consequences can be profound, not just for business, but for lives. Every innovation, every operational change, must be tested against one question: Does it make us safer?” This was the message from ABS Chairman and CEO Christopher J. Wiernicki in a welcome address to attendees at the Gala Reception for London International Shipping Week 2025 (LISW25). Wiernicki emphasized the importance of human beings in the shipping industry and how the role of the seafarer is evolving. “Behind every smart ship, every digital dashboard, and every […] - [Lloyd’s Register returns to its historic home at 71 Fenchurch Street](https://nafsgreen.gr/lloyds-register-returns-to-its-historic-home-at-71-fenchurch-street/): Lloyd’s Register (LR) has returned to its original London headquarters at 71 Fenchurch Street.   The move is a significant moment in its 265-year history with the return to its iconic Grade II* listed headquarters, now officially renamed the Lloyd’s Register Building.   Designed by renowned architect Thomas Collcutt and first opened in 1901, the building was purpose-built to house LR at a time when the organisation was expanding its global reach and influence.  Following a comprehensive refurbishment, the building will once again serve as the London headquarters for Lloyd’s Register Group and Lloyd’s Register Foundation, offering a modernised workspace for staff, clients […] - [Chalkis Shipyards SA Achieves ISO/IEC 27001:2022](https://nafsgreen.gr/chalkis-shipyards-sa-achieves-iso-iec-270012022/): Chalkis Shipyards SA has successfully achieved full certification to ISO/IEC 27001:2022, the internationally recognized standard for Information Security Management Systems (ISMS). This milestone complements our existing certifications in:    •    ISO 9001 – Quality Management    •    ISO 14001 – Environmental Management    •    ISO 45001 – Occupational Health & Safety Why This MattersISO/IEC 27001:2022 provides a globally accepted framework for managing information security risks and implementing robust controls to protect the confidentiality, integrity, and availability of information assets.This certification confirms that Chalkis Shipyards has established and maintains rigorous processes to identify, assess, treat, and monitor information risks […] - [Procureship and ReFlow partner to launch Scope 3 emissions tool to support structured climate reporting in maritime supply chains](https://nafsgreen.gr/procureship-and-reflow-partner-to-launch-scope-3-emissions-tool-to-support-structured-climate-reporting-in-maritime-supply-chains/): Procureship, the maritime industry’s leading e-procurement platform provider, has partnered with Copenhagen-based climate data specialist ReFlow to launch a new Scope 3 emissions solution to enable ship owners, operators, and managers to prepare for new climate-related reporting requirements by mapping emissions across their procurement value chains.  As shipping stakeholders begin to respond to new requirements set out by the EU Corporate Sustainability Reporting Directive (CSRD), there is a greater need for documented data on the Scope 3 emissions of commercial vessels calling at EU ports. Consequently, demand is rising for increased transparency among maritime procurement professionals seeking to remain compliant. This […] - [Lloyd’s Register awards AiP to KNCC’s Elevated Pressure LCO₂ cargo system ](https://nafsgreen.gr/lloyds-register-awards-aip-to-knccs-elevated-pressure-lco%e2%82%82-cargo-system/): Lloyd’s Register (LR) has granted Approval in Principle (AiP) to Knutsen NYK Carbon Carriers (KNCC) for its Elevated Pressure Liquefied Carbon Dioxide (LCO₂-EP) cargo containment system. The AiP was awarded in a ceremony at Gastech 2025 in Milan.  Designed to transport LCO₂ at elevated pressures, KNCC’s system reduces the need for ultra-low carriage temperatures, simplifying containment requirements and offering shipowners greater flexibility in vessel design.  The design was comprehensively reviewed by LR as part of a joint development project between the two companies. LR provided technical input and guidance throughout the process to support further refinement ahead of commercial deployment. Panos Mitrou, […] - [Maritime Community Tees Off and Makes History at the Glyfada Greek Maritime Golf Event](https://nafsgreen.gr/maritime-community-tees-off-and-makes-history-at-the-glyfada-greek-maritime-golf-event/): Glyfada Greek Maritime Golf Event, the top golf tournament for the maritime community, concluded successfully, bringing together top executives from the maritime industry in a dynamic environment of sports and networking. On Friday, September 5, 2025, at the iconic Glyfada Golf Course, participants enjoyed a day full of action and competition, with ideal golfing weather, confirming the event as a benchmark for the industry. Playing Golf for a Good CauseFor the third consecutive year, Greek Maritime Golf Event in Glyfada supported the “Floga” association, contributing to the foundation’s work in helping children with cancer. During the event, Greek professional golfer and […] - [Dimitris Patrikios*: Entering the next era of Greek shipping](https://nafsgreen.gr/dimitris-patrikios-entering-the-next-era-of-greek-shipping/): Greek shipowners control more than one-fifth of the world’s fleet and represent over 60% of the EU-controlled fleet, so it’s no exaggeration that the country is known as a shipping powerhouse. As the industry continues to become ever more complex, the Greek shipping industry is at a critical juncture: how can it evolve and innovate to keep up with unprecedented regulatory demands, technological transformation, and evolving market pressures? Historically, Greek shipowners have prided themselves on maintaining direct control of family-led operations. Yet the increasing complexity of shipping today is challenging the viability of this model. The global shipping landscape is being […] - [Chrysostomos Papavassiliou*: Island Oil at 30 - Powering Cyprus’s Role as a Global Maritime Hub](https://nafsgreen.gr/chrysostomos-papavassiliou-island-oil-at-30-powering-cypruss-role-as-a-global-maritime-hub/): How has Island Oil’s 30-year presence in the global bunkering market shaped the perception of Cyprus as a reliable maritime hub? Cyprus has been a reliable maritime hub for many years, and is only improving. This is the result of a concerted effort from different stakeholders: shipowners who choose to register their vessels with the Cyprus flag; shipmanagement and other shipping companies which entrust their operations to the resources and human capital that our country has to offer; and the increasing receptiveness of the government to the needs of the maritime sector.Consequently, Cyprus maintains one of the largest ship registries within […] - [Carola Yannouli*: OCEANKING at Maritime Cyprus 2025 - Driving Innovation and Decarbonization in Shipping](https://nafsgreen.gr/carola-yannouli-oceanking-at-maritime-cyprus-2025-driving-innovation-and-decarbonization-in-shipping/): OCEANKING has been a key player in the Greek maritime sector for over three decades. How do you see your role evolving in the wider Eastern Mediterranean region, particularly in Cyprus? Since its inception, Oceanking has closely followed the market trends in the maritime sector. We consistently research and evaluate available marine technologies in order to provide our customers with innovative, sustainable solutions not only to meet their operational needs, but also to address new market developments and upcoming regulations.Over the past 35 years, we have accumulated extensive experience and deep technical know-how on maritime technology by assembling a team with […] - [Accelerating Sustainability in Marine and Energy](https://nafsgreen.gr/accelerating-sustainability-in-marine-and-energy/): Accelleron is accelerating sustainability in marine and energy industries as a global technology leader in turbocharging, fuel injection, and digital solutions. Building on a heritage of over 100 years as a trusted industry partner, the company serves customers in more than 100 locations in over 50 countries. Accelleron’s 2,600 employees are continuously innovating to deliver best-in-class products, services, and solutions that are mission-critical for decarbonization and the energy transition. Accelerating decarbonization through energy efficiencyAccelleron’s foremost contributions to sustainability and decarbonization are industry-leading turbochargers and fuel injection systems that offer unparalleled energy efficiency. This translates to a lifetime of greater fuel savings […] - [Tasos Manaloglou*: Ensuring Pilot Ladder Safety Through Regulatory Compliance and QualityManufacturing](https://nafsgreen.gr/tasos-manaloglou-ensuring-pilot-ladder-safety-through-regulatory-compliance-and-qualitymanufacturing/): In the demanding world of maritime operations, few pieces of equipment carry as much responsibility for safetyas pilot and embarkation ladders. their flawless performance is significantly important, making compliance withinternational regulations and uncompromising quality standards non-negotiable. for shipowners and operators, selecting a manufacturer that guarantees reliability, certification, and durability is not just a matter of procurement—it is a critical investment in safety and operational continuity. The operational reliability of pilot and embarkation ladders is non-negotiable. Any failure or compromise in their integrity canlead to serious incidents, making them one of the most safety-critical pieces of equipment on board. Their quality, durability,and […] - [Stavros Kassidiaris*: Automation in Shipping - Technology as a Catalyst and Cyprus’ Role](https://nafsgreen.gr/stavros-kassidiaris-automation-in-shipping-technology-as-a-catalyst-and-cyprus-role/): The shipping industry is changing rapidly. Aytomation systems, digital monitoring and control solutions, and integrated data analytics platforms are now shaping the way vessels operate and decisions are made, both on atechnical and on a managerial level. As a group of companies active in the field of maritime and industrial automation for more than four decades, we have witnessed firsthand the evolution of the industry’s technical requirements. The companies of C&A GROUP, through their experience in highly complex projects and collaborations with leading institutional and commercial organizations (such as NATO, the Hellenic and Cypriot Navies, as well as the majority of […] - [Konstantinos Filippou*: ABB’s Onboard DC Grid™ - Powering the Next Generation of Shuttle Tankers](https://nafsgreen.gr/konstantinos-filippou-abbs-onboard-dc-grid-powering-the-next-generation-of-shuttle-tankers/): Following a recent press release about ABB supplying an integrated DC power system for a series of DP2 shuttle tankers, can you elaborate on the role of this DC platform in this project and let us know what makes it particularly significant?Let me start by saying that this project is a strong endorsement of our integrated marine power solutions and surely proves our commitment to driving innovation and efficiency at sea. These shuttle tankers will be equipped with our Onboard DC Grid™ incl. our PEMS™ power and energy management system), setting new high standards in efficiency and innovation. This technology enables […] - [Anastasios A. Maraslis*: Marasco Marine: Three Decades of Turning Risk into Advantage](https://nafsgreen.gr/anastasios-a-maraslis-marasco-marine-three-decades-of-turning-risk-into-advantage/): Marasco Marine has been active for over three decades. What inspired you to create a specialized marine insurance and risk advisory firm back in 1991, and how has your vision evolved since then?Back in 1991, I saw a clear gap in the maritime insurance sector—particularly for small and medium-sized shipowners. Larger brokers were often focused on volume and major accounts, leaving smaller operators underserved. I launched Marasco Marine Ltd to level the playing field. My vision was and remains simple: provide access to intelligent risk management, personalized service, and tailor-made marine insurance solutions for those who typically don’t get the spotlight. […] - [Lloyd’s Register approves HD Hyundai Heavy Industries’ forward accommodation LNG carrier design](https://nafsgreen.gr/lloyds-register-approves-hd-hyundai-heavy-industries-forward-accommodation-lng-carrier-design/): Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Hyundai Heavy Industries (HHI) for its next-generation LNG carrier design featuring a forward accommodation layout and integrated Wind Challenger, wind-assisted propulsion system (WAPS) developed by Mitsui O.S.K. Lines, Ltd. (MOL).  Developed in collaboration with MOL and the Republic of the Marshall Islands Maritime Administrator, the new design relocates the accommodation and bridge block from its conventional aft position to the bow. This fore-deckhouse configuration offers the opportunity for reduced aerodynamic drag, improved propulsion efficiency and potential lower fuel consumption.   The forward accommodation layout provides a clear and unobstructed open deck […] - [John Xylas*: How INTERCARGO is Shaping the Future of Bulk Carriers](https://nafsgreen.gr/john-xylas-how-intercargo-is-shaping-the-future-of-bulk-carriers/): The dry bulk shipping industry, responsible for transporting the essential commodities that fuel global prosperity, is facing one of the most complex transitions in its history. Decarbonisation, regulatory unpredictability, crew welfare, and geopolitical instability all converge to shape a demanding operating landscape. In this exclusive interview with NAFS, INTERCARGO’s leadership highlights how the association is amplifying the collective voice of bulk carrier owners: advocating for fair and practical global regulations, guiding members through the energy transition, championing safety and seafarer welfare, and driving collaboration across the maritime value chain. With a clear vision for 2030 and beyond, INTERCARGO positions itself as […] - [Marina Hadjimanolis*: Cyprus At The Helm Of Global Shipping’s Future](https://nafsgreen.gr/marina-hadjimanolis-cyprus-at-the-helm-of-global-shippings-future/): Cyprus stands today as one of the world’s most dynamic shipping centers, blending tradition with forward-looking policies that place sustainability, digital transformation and competitiveness at the forefront. As the island nation prepares to host the Maritime Cyprus 2025 Conference in Limassol, the Shipping Deputy Ministry outlines its vision: strengthening Cyprus’s global maritime presence, supporting shipowners through innovation and incentives, and shaping the international dialogue on decarbonization and green transition. With its robust flag of quality, its proactive role within the IMO and EU, and its comprehensive maritime services cluster, Cyprus is poised to “unlock the future of shipping”alongside industry leaders worldwide. […] - [Katerina Lyrintzis*: Elevating Seafaring Excellence: Cyprus-Flagged Training At The Forefront Of Maritime Safety](https://nafsgreen.gr/katerina-lyrintzis-elevating-seafaring-excellence-cyprus-flagged-training-at-the-forefront-of-maritime-safety/): As a global shipping hub, Cyprus continues to champion the high standards of safety, operational efficiency,and environmental stewardship across the maritime industry. Central to this commitment is the robustframework of maritime training, particularly for vessels proudly flying the Cyprus flag. At QMS MTC, one ofthe first approved and accredited Maritime Training Centers by Cyprus DMS since 2000, we are dedicated tofostering a culture of continuous learning and professional development, ensuring that seafarers on an EU orCyprus flagged vessel are equipped with the most current and critical skills demanded by today’s complexmaritime landscape and receive CoP certification as per the Cyprus Flag […] - [ABS Approves Next-Generation 16K Container Ship with Electric Propulsion System from HHI and KSOE](https://nafsgreen.gr/abs-approves-next-generation-16k-container-ship-with-electric-propulsion-system-from-hhi-and-ksoe/): At Gastech 2025, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HD HHI) received approval in principle (AIP) from ABS for their concept design of a 16,000 TEU container ship with an electric propulsion system. ABS completed design reviews based on class requirements, analyzing the power system including key elements such as power generation, power conversion and propulsion motors. “ABS, HD KSOE and HHI share a commitment to leveraging our combined resources and expertise to advance electrical applications in the maritime industry. This AIP is a milestone achievement, and we are proud to work alongside KSOE […] - [Philip Hadjisoteriou*: Cyprus at the heart of change-How Lloyd’s Register is supporting asmarter, greener maritime future](https://nafsgreen.gr/philip-hadjisoteriou-cyprus-at-the-heart-of-change-how-lloyds-register-is-supporting-asmarter-greener-maritime-future/): Over the past few decades, Cyprus has transformed into a modern, efficient and fully integrated shipping cluster, today ranking as the world’s 11th largest fleet and the 3rd largest in Europe. As the biggest third-party ship-management centre in Europe – and among the top three globally – Cyprus-based companies manage more than 20% of the world’s third-party fleet.At the heart of this success is Limassol, home to more than 200 shipping and maritime services companies spanning ship ownership and management, finance, insurance, brokerage, technology, training, and more. This thriving network, backed by a top-quality sovereign flag and an influential voice in […] - [Vasilis Iliadis*: From Cyprus to the world-DNV on innovation, decarbonization, andmaritime resilience](https://nafsgreen.gr/vasilis-iliadis-from-cyprus-to-the-world-dnv-on-innovation-decarbonization-andmaritime-resilience/): As the global maritime sector navigates an era of transformation -driven by decarbonization, digitalization, regulatory change, and geopolitical uncertainty- Cyprus continues to stand out as a stable, adaptive, and forward-looking maritime hub. The island enjoys a strong reputation as a high-standard, service-oriented maritime nation. Today, more than 1,100 ocean-going vessels totaling over 24 million gross tons by the Cyprus flag, placing it among the top eleven globally and one of the largest within the European Union.Its EU-approved tonnage tax system, aligned with international best practices, has consistently attracted quality tonnage and long-term investment. At the same time, Cyprus has grown into […] - [Costas Constantinou*: Moore Greece- Guiding Shipping Through Change With Data, Trust, and Foresight](https://nafsgreen.gr/costas-constantinou-moore-greece-guiding-shipping-through-change-with-data-trust-and-foresight/): Moore Greece has been a trusted advisor to the shipping industry for over 60 years. In your view, what are the biggest changes the sector has undergone in that time—and what lies ahead? Over the past six decades, shipping has moved from an industry driven largely by personal relations and larger-than-life individuals to one shaped by transparency, corporate structures, and data. Financing has diversified, specialisation has grown, and technology has transformed every function, from accounting to fleet operations. Although intuition still plays a role, it has increasingly been complemented by structured decision-making and the use of a vast range of available […] - [Basil Sakellis*: Alassia Newships - Investing in People, Driving Shipping’s Next Chapter](https://nafsgreen.gr/basil-sakellis-alassia-newships-investing-in-people-driving-shippings-next-chapter/): For Alassia Newships Management, the most valuable asset has always been its people. From seafarers at sea to teams ashore, the company’s strategy places human capital at the centre of operational excellence and long-termresilience. At the same time, Alassia is pushing forward with fleet modernisation, environ mental upgrades, and digital initiatives that reflect the evolving demands of global trade and decarbonisation. Speaking ahead of Maritime Cyprus 2025, the company highlights the critical importance of ESG principles, seafarer welfare, and collaboration across stakeholders to ensure shipping adapts responsibly to geopolitical, regulatory, and technological challenges. In doing so, Alassia stays true to its […] - [Polys V. Hajioannou*: Safe Bulkers - Driving Green Growth and Maritime Leadership](https://nafsgreen.gr/polys-v-hajioannou-safe-bulkers-driving-green-growth-and-maritime-leadership/): As global navigates decarbonisation, regulatory undertainty, and geopolitical turbulence, Safe Bulkers stands out for its proactive strategy and strong ties to Cyprus. With an ambitious fleet renewal program—including dual-fuel methanol-ready vessels—environmental upgrades across its fleet, and a steadfast commitment to the Cyprus Registry, Safe Bulkers continues to lead as one of the sector’s most resilient players. In this exclusive interview with NAFS, Chairman and CEO Polys Hajioannou highlights the company’s environmental progress, its deepening presence in Cyprus, and its investment in the next generation of seafarers through scholarships and training. Anchored in tradition but driven by innovation, Safe Bulkers sets a […] - [George Stefanis*: The Fuel Behind Shipping’s Race to Decarbonize](https://nafsgreen.gr/george-stefanis-the-fuel-behind-shippings-race-to-decarbonize/): One of shipping’s most important fuels is not stored in tanks, nor traded in ports. It cannot be pumped, liquefied, or blended. Yet it is already reshaping the competitiveness of fleets and the strategies of shipowners worldwide. That fuel is efficiency — and in the race to decarbonize our industry, it may be a powerful “energy source”, especially for the transitional period until new fuels become truly affordable, available at scale, and supported by global infrastructure.And while efficiency measures like the Energy Efficiency Design Index (EEDI), Energy Efficiency Existing Ship Index (EEXI), and Carbon Intensity Indicator (CII) have guided the industry […] - [Andreas Neophytou*: The Cyprus Shipping Chamber’s Vision for 2025](https://nafsgreen.gr/andreas-neophytou-the-cyprus-shipping-chambers-vision-for-2025/): As Cyprus prepares to host Maritime Cyprus 2025, the Cyprus Shipping Chamber underscores the critical role of collaboration, innovation, and resilience in steering the industry through an era of unprecedented change. Representing one of the world’s most respected maritime clusters, the Chamber highlights key priorities: ensuring globally aligned and practical decarbonisation policies, strengthening Cyprus’s competitiveness through digitalisation and green incentives, safeguarding seafarers amid geopolitical instability, and investing in human capital to future-proof the sector. With shipping contributing around 7% to Cyprus’s GDP and managing more than 4% of the global fleet, the Chamber envisions Cyprus not just as a shipping hub, […] - [Stefanos Gkikas*: Steering Greece Toward a Sustainable Maritime Future](https://nafsgreen.gr/stefanos-gkikas-steering-greece-toward-a-sustainable-maritime-future/): As one of the world’s leading maritime nations, Greece continues to chart an ambitious course for the future of global shipping. In an exclusive interview with NAFS, Deputy Minister of Maritime Affairs and Insular Policy, Mr. Stefanos Gkikas, highlights the government’s strategic priorities: strengthening safety at sea, advancing the digital transformation of maritime administration, and driving the green transition across fleets and ports. From close cooperation with Cyprus and regional partners to bold initiatives in maritime education, island connectivity, and short-sea shipping, Greece is positioning itself at the forefront of sustainable, competitive, and innovation-driven shipping. Looking ahead to 2030, the Ministry […] - [The Glyfada Greek Maritime Golf Event Schedule! Α day full of action](https://nafsgreen.gr/the-glyfada-greek-maritime-golf-event-schedule-%ce%b1-day-full-of-action/): The top golf event of the maritime industry returns once again, offering a unique blend of sports and business on a world-class course. Glyfada Greek Maritime Golf Event will take place at the iconic Glyfada Golf Course on Friday, September 5, 2025, promising a day filled with energy and competition. This year’s tournament is expected, once again, to attract top executives of the Greek and international maritime industry, entrepreneurs, representatives of institutions and organizations, as well as golf enthusiasts eager to enjoy a unique experience of this great Olympic sport. At the same time, it opens its doors to new friends […] - [Cruise tourism supports 445,000 jobs and contributes €64.1 billion to Europe’s economy](https://nafsgreen.gr/cruise-tourism-supports-445000-jobs-and-contributes-e64-1-billion-to-europes-economy/): Cruise Lines International Association (CLIA), the leading voice of the cruise industry, shared highlights from the Economic Impact Study yesterday at the CLIA European Summit in Madeira. The study shows that cruise activity is supported by an extensive and diversified supply chain that reaches deep into national and local economies, underscoring the cruise sector’s role as a robust job creator across Europe. In 2024, the cruise industry supported 445,000 jobs across Europe and contributed €64.1 billion to the European economy. Of this total, €28 billion contributed directly to European GDP. The findings, reflecting cruise’s contribution in 2024, come at a time […] - [20 Years of MLC2006](https://nafsgreen.gr/20-years-of-mlc2006/): 23rd of February 2026 marked 20 years since the adoption of the Maritime Labour Convention, 2006 (MLC, 2006).  The Cyprus Shipping Chamber, as the official representative of the Cyprus Shipping Industry, proudly joins the international shipping community in commemorating the 20th anniversary of the Maritime Labour Convention, 2006 (MLC2006), a landmark instrument that has fundamentally transformed the global shipping industry by establishing comprehensive standards for the working and living conditions of seafarers and which has rightly won the title of the most successful international maritime labour agreement ever implemented. Since its adoption, MLC2006 has become widely recognised as the “fourth pillar” […] - [NorthStandard Achieves Stronger Results and Growth](https://nafsgreen.gr/northstandard-achieves-stronger-results-and-growth/): During a year of intense global shipping challenges, NorthStandard projects improved underwriting performance and increased free reserves.  NorthStandard’s premium income is expected to exceed US$930 million for the year ending 20 February 2026 (increasing from US$886 million in 2024/25), with investment returns improving to 9% (from 5.9% and 4.9% in preceding years). Reflecting these results, free reserves are projected to surpass US$900 million. This is an increase from US$800 million in February 2025 and well above the S&P Global requirements to retain its ‘AAA’ capital status. NorthStandard has maintained poolable tonnage at 270M GT, following a renewal focused on rebalancing its […] - [LALIZAS Expands its commercial presence in Southeast Asia](https://nafsgreen.gr/lalizas-expands-its-commercial-presence-in-southeast-asia/): Following its recent acquisition of ATIVA NÁUTICA in Brazil, LALIZAS, leading manufacturer of safety equipment with a presence in more than 130 countries worldwide, announces the opening of its new branch in Manila, Philippines, and a warehouse facility in Muntinlupa City. This strategic expansion strengthens LALIZAS footprint in Southeast Asia, underscores the company’s commitment to making its products and services more accessible to maritime professionals in the region. In fact, since June, Philippines Country Manager Mr. Crispo Mojica has been actively building strong local connections, representing the company at major industry events, including Philmarine and the Beacon exhibitions, while gaining valuable insights into customer […] - [Panos Zachariadis*: A Forecast for IMO’s NetZero framework (NZF) Regulation](https://nafsgreen.gr/panos-zachariadis-a-forecast-for-imos-netzero-framework-nzf-regulation/): Following the postponement for one year of the adoption of the Net Zero framework at IMO last November, the question in every shipping professional’s mind is what will happen to this regulation when IMO attempts to decide again on it next November. Will the framework be finally adopted as is, with changes or not at all? To try to predict what will happen, we need to first understand why the framework did not pass. And then try to apply a valuable tool: “follow the money” ( who gains and who loses).  There are many reasons why the NZF regulation was ultimately […] - [John N. Cotzias*: Hedging the Fog-How Shipping Wins In An Era Of Permanent Risk](https://nafsgreen.gr/john-n-cotzias-hedging-the-fog-how-shipping-wins-in-an-era-of-permanent-risk/): Regulatory Future: What immediate and long-term impact will the one-year NZF postponement have on global investment and the potential for regulatory fragmentation (e.g., between the IMO and the EU ETS)? The one-year postponement of the NZF vote is far more than a technical delay and represents a constructive and necessary recalibration rather than a setback. It acknowledges the reality that global decarbonization cannot be achieved through regulatory ambition alone, but must be underpinned by fuel availability, mature technology, viable infrastructure, and workable economics. By pausing final adoption, IMO has effectively recognized that premature enforcement of a global fuel standard and carbon […] - [Constantinos Capetanakis*: 2026 Navigating A Fragmented Regulatory And Geopolitical Landscape](https://nafsgreen.gr/constantinos-capetanakis-2026-navigating-a-fragmented-regulatory-and-geopolitical-landscape/): As we enter 2026, the maritime sector moves into a period shaped less by steady, predictable change and more by the need to manage uncertainty. Over the past year, geopolitical tensions, uneven economic conditions, and differing regulatory approaches created a landscape where clarity is limited and maintaining strategic flexibility is essential. The decision at IMO’s ES.2 session to defer the vote on the Net-Zero Framework (NZF) for one year was not a procedural pause but exposed the divisions between key member states and signalled that shipping’s regulatory trajectory will be more contested than expected. Regulatory Fragmentation and the Cost of Uncertainty […] - [Danae Bezantakou*: The 2026 Imperative - Regulatory and Geopolitical Crossroads](https://nafsgreen.gr/danae-bezantakou-the-2026-imperative-regulatory-and-geopolitical-crossroads/): As we enter 2026, global shipping finds itself at one of the most complex crossroads in its modern history. The decision at IMO MEPC ES.2 to defer the vote on the Net-Zero Framework (NZF) for one year did not simply delay regulation; it amplified uncertainty. Combined with intensifying geopolitical fragmentation, regional conflicts, and trade protectionism, the industry is now navigating a landscape where regulatory clarity, capital allocation, and operational resilience are deeply intertwined. Yet shipping has always evolved in moments of disruption. The real question today is not whether the industry can adapt, but whether regulatory and political systems will allow […] - [Polys V. Hajioannou*: The IMO Postponement - A Necessary Reprieve for Global Shipping](https://nafsgreen.gr/polys-v-hajioannou-the-imo-postponement-a-necessary-reprieve-for-global-shipping/): The one-year postponement of the IMO’s Net Zero Framework (NZF) is a necessary and constructive step. It provides relief to shipping companies, particularly small and medium sized operators, who form the backbone of our industry, from disproportionate costs that would otherwise cascade down to consumers, fuelling inflation and undermining economic stability across the EU. This breathing space allows governments and stakeholders to reassess a policy which, in its current form, poses significant risks to European shipping and energy security.  That is why the Cyprus Union of Shipowners has urged the Government of the Republic of Cyprus and all EU Member States […] - [Alexandros Josephides*: Cyprus Shipping 2026-Navigating Regulation, Geopolitics and Decarbonisation](https://nafsgreen.gr/alexandros-josephides-cyprus-shipping-2026-navigating-regulation-geopolitics-and-decarbonisation/): 2026 begins with significant momentum for Cyprus as the it assumes the Presidency of the Council of the European Union. An exceptional opportunity to place Cyprus firmly on the European stage. This Presidency allows Cyprus to highlight the strategic significance of Shipping not only as a cornerstone of the national economy, but also as a decisive contributor to Europe’s competitiveness, green transition and energy security. It is also a timely opportunity to enhance Cyprus’ international role as a reliable maritime centre and to promote initiatives that can generate long-term benefits for the European and global shipping community. The decarbonisation of Shipping […] - [ABS Delivers New Report for EMSA on Ammonia Safety](https://nafsgreen.gr/abs-delivers-new-report-for-emsa-on-ammonia-safety/): Commissioned and published by the European Maritime Safety Agency (EMSA), a new report focused on the safety of ammonia as a marine fuel was developed by an ABS-led consortium that included the National Technical University of Athens (NTUA) and the Fundación Valenciaport. “ABS remains committed to supporting the maritime industry as it navigates future energy options such as ammonia as marine fuel. This latest report for EMSA reflects our close collaboration with industry stakeholders and academia to provide critical information to advance the discussions around low- and zero-carbon operations for the future,” said Vassilios Kroustallis, ABS Executive Vice President and Chief […] - [Charalampos Simantonis*: Short Sea Strategy-Why The IMO Postponement Matters For Regional Trade](https://nafsgreen.gr/charalampos-simantonis-short-sea-strategy-why-the-imo-postponement-matters-for-regional-trade/): The prevailing sentiment emerging from the recent IMO meeting was one of unprecedented uncertainty not only regarding the eventual outcome of the vote, but also concerning the robustness and clarity of the process itself. This view was, notably, acknowledged by the Secretary-General in his closing remarks. That said, as the dust begins to settle and initial reactions give way to more considered reflection, it becomes apparent that while the short term is likely to remain turbulent, the longer-term implications of the postponement may, in fact, prove to be constructive. The intense debate—one might even say the controversy—that characterised the meeting ultimately […] - [Emanuele Grimaldi*: Navigating 2026 - Clarity, Stability and Realistic Pathways for Global Shipping](https://nafsgreen.gr/emanuele-grimaldi-navigating-2026-clarity-stability-and-realistic-pathways-for-global-shipping/): The global maritime sector is entering a decisive period shaped by regulatory uncertainty, geopolitical instability and the realities of the energy transition. These forces are converging in ways that demand clarity, leadership and a pragmatic understanding of how shipping can continue to fulfil its essential role in the world economy. At the same time, the industry must prepare for the future without losing sight of the constraints that currently define the energy landscape. The Regulatory Future The decision by Member States at the International Maritime Organization (IMO) to postpone the adoption of the Net Zero Framework has created immediate questions for […] - [John Xylas*: INTERCARGO’s Vision For A Resilient Dry Bulk Sector](https://nafsgreen.gr/john-xylas-intercargos-vision-for-a-resilient-dry-bulk-sector/): Although a setback for the IMO process and its aspired decarbonisation timeframe, the one-year postponement of the NZF vote should be seen as an opportunity, in the aftermath of a necessary and responsible pause.  In the attempt to build consensus, the latest draft of the NZF had effectively become a global tax on shipping, without any concrete evidence that it would actually lead to decarbonisation. The fundamental issue remains unchanged: the alternative fuels being promoted today are not yet safe, not globally available, not scalable and still of uncertain environmental impact on a Life Cycle Assessment basis. Creating a large financial mechanism before […] - [Lloyd’s Register approval clears path for cubic LNG tank design](https://nafsgreen.gr/lloyds-register-approval-clears-path-for-cubic-lng-tank-design/): Lloyd’s Register (LR) has issued an approval in principle (AiP) for GTT’s CUBIQ™ LNG fuel containment system. This cubic tank design aims to streamline project engineering and planning, simplify shipyard construction processes and free up more cargo space on LNG-fuelled vessels. GTT CUBIQ™ brings a new approach to LNG containment by extending its suitability to various types of LNG-fuelled ships, including container and passenger ships. Its near-cubic geometry eliminates traditional upper and lower chambers, enabling standardised engineering and simplifying construction. With fewer complex corner areas, installation is faster, helping shipyards reduce build time. Once in service, GTT CUBIQ™ provides strong volumetric […] - [Sotiris Raptis*: ECSA’s Vision For Global Regulation And Clean Fuel Investment In Maritime Transport](https://nafsgreen.gr/sotiris-raptis-ecsas-vision-for-global-regulation-and-clean-fuel-investment-in-maritime-transport/): Shipping is an international industry which requires meaningful global regulations to decarbonise.  A global framework is essential to ensure a level playing field at international level, and as such, European Shipowners have reiterated their trust and commitment to the IMO process and will continue to work with our international partners to ensure progress can be made.  Ensuring an international level-playing field and avoiding double regulation remains a key priority for ensuring European shipping remains competitive.  European companies represent around 35% of the global fleet. The European fleet is growing, but other fleets are growing faster. European policymakers should support the competitiveness […] - [Marina Hadjimanolis*: Navigating 2026 - Global Shipping at the Crossroads of Geopolitics and Decarbonization](https://nafsgreen.gr/marina-hadjimanolis-navigating-2026-global-shipping-at-the-crossroads-of-geopolitics-and-decarbonization/): The global shipping industry enters 2026 at a pivotal juncture, confronted by a convergence of geopolitical, regulatory, and technological challenges. Escalating conflicts, rising trade protectionism, and the fragmentation of the international rules-based order are reshaping trade routes, operational strategies, and investment decisions.  Shipping, as the backbone of global commerce, is responsible for transporting over 80% of all international goods, yet it remains acutely sensitive to disruptions in trade flows, tariffs, sanctions, and climate-related events. These disruptions create a ripple effect across supply chains, influencing cargo volumes, service costs, and ultimately global economic stability. In this context, maritime stakeholders must pursue strategies […] - [Stefanos Gkikas: Balancing Environmental Urgency With Industry Competitiveness - A Strategic Vision For Greece](https://nafsgreen.gr/stefanos-gkikas-balancing-environmental-urgency-with-industry-competitiveness-a-strategic-vision-for-greece/): Greece continues to command a dominant position on the global stage, recently reaffirmed by its high-ranking election to the IMO Council. However, as the maritime industry faces an era of unprecedented geopolitical shifts and environmental mandates, the Ministry of Maritime Affairs and Insular Policy of Greece is pivoting toward a “just transition.” By balancing aggressive decarbonization and digital modernization with the protection of industry competitiveness, Greece is charting a course that secures its maritime heritage while spearheading the next generation of sustainable global logistics Greece’s leadership in global shipping was reaffirmed by the record 153 votes our country received in the […] - [Lloyd’s Register strengthens leadership team in China with new appointments](https://nafsgreen.gr/lloyds-register-strengthens-leadership-team-in-china-with-new-appointments/): Lloyd’s Register (LR) has further enhanced its capabilities in China and deepened its commitment to Chinese clients, with the announcement of three new senior appointments.  LR’s strengthened leadership team brings together commercial, technical and customer expertise to provide consistent technical assurance and senior-level client engagement across the region.  Tianxiang Li (TX), LR’s Director of Global Technical Support Office (TSO), has been appointed as President for Greater China. He will lead senior client relationships and strategic engagement, strengthening alignment between LR’s global technical leadership and the priorities of Chinese owners, yards and designers.   TX brings extensive experience to this role, having joined LR in 2008 and held leadership positions in the Technical Support Office since 2011. Appointed Global TSO […] - [LALIZAS and Marine Pilots on Embarkation & Pilot Ladders](https://nafsgreen.gr/lalizas-and-marine-pilots-on-embarkation-pilot-ladders/): LALIZAS is proud to share that they recently hosted representatives of the Panhellenic Marine-Pilots Association at their local production facilities in Piraeus for a constructive discussion on Embarkation & Pilot Ladders. During the visit, the pilots shared valuable insights from their daily operations, highlighting the challenges encountered in demanding maritime conditions. The discussion underlined that safety equipment such as Pilot Ladders and Lifejackets are lifesaving appliances, whose effectiveness depends heavily on correct use, proper handling and maintenance. Particular emphasis was placed on the mandatory wearing of lifejackets during boarding and disembarkation operations, reinforcing the importance of strict adherence to established safety […] - [Posidonia 2026 set to break all records](https://nafsgreen.gr/posidonia-2026-set-to-break-all-records/): Posidonia is now also set to become the longest in duration shipping event, as Posidonia 2026 prepares to engage the global maritime community over a three-week period filled with conferences, networking, social and sporting events. Activities will begin in early-May and culminate during Posidonia Week, which officially takes place from 1–5 June. With 50,000 square metres of exhibition space at the Metropolitan Expo sold out months in advance, thousands of exhibitors and visitors from 140 countries will once again converge on Athens. Posidonia 2026 is eagerly anticipated across a broad spectrum of the local economy, including hotels, catering and restaurants, transport […] - [Inmarsat Maritime to deliver NexusWave connectivity](https://nafsgreen.gr/inmarsat-maritime-to-deliver-nexuswave-connectivity/): Inmarsat Maritime, part of Viasat (NASDAQ: VSAT) Communication Services, will install NexusWave across Auerbach’s fleet of newbuild heavy lift vessels to meet the German shipping company’s connectivity performance needs for its new generation of ships. Hamburg-based Auerbach has initiated a fleet renewal programme in response to growing demand for its high-quality project cargo transport services and to anticipate evolving environmental regulations. Auerbach’s new ‘ECO’ multipurpose vessels, which are being delivered by China’s Taizhou Sanfu Shipyard, set new standards for cargo handling and fuel efficiency. Inmarsat NexusWave will help to uphold these high standards by keeping mission-critical shipboard systems running at all […] - [Columbia Group appoints Prevention at Sea as compliance partner](https://nafsgreen.gr/columbia-group-appoints-prevention-at-sea-as-compliance-partner/): Columbia Group has selected Prevention at Sea (PaS) as its strategic compliance partner and will deploy the MORSE digital compliance platform across its entire managed fleet. The partnership between Columbia Group and PaS will strengthen digital capabilities by linking electronic logbooks with standardised, end-to-end compliance processes. MORSE will give the company real-time visibility of reporting activity, improve data quality, and cut administrative work for crews on board. The move will improve operational efficiency onboard and removes the burden of time-consuming administrative jobs for crew members.  PaS will also act as the auditing arm of CSM’s compliance framework and deliver its Behavioural […] - [Nikos Kakalis appointed Managing Director of the Maritime Emissions Reduction Centre ](https://nafsgreen.gr/nikos-kakalis-appointed-managing-director-of-the-maritime-emissions-reduction-centre/): The Maritime Emissions Reduction Centre (MERC) has appointed Nikos Kakalis as its new Managing Director.  Kakalis, who currently serves as Lloyd’s Register’s Global Bulk Carriers Segment Director, succeeds Stelios Korkodilos in leading the Athens-based non-profit industry collaboration.  The MERC was co-established by the Lloyd’s Register Maritime Decarbonisation Hub and leading shipowners Capital Group, Navios Maritime Partners, Neda Maritime Agency, Star Bulk and Thenamaris (Ships Management) Inc., with enabling support from Lloyd’s Register.   The centre is focused on accelerating the reduction of greenhouse gas emissions of the global shipping fleet by identifying, validating and promoting technology and operational solutions that can deliver efficiency and scalable impact and ensure existing vessels contribute to global decarbonisation efforts.  Since its inception, the MERC has […] - [International Chamber of Shipping launches comprehensive Deck Procedures Guide](https://nafsgreen.gr/international-chamber-of-shipping-launches-comprehensive-deck-procedures-guide/): The International Chamber of Shipping (ICS) today announces the release of its new Deck Procedures Guide, a vital addition to ICS’s suite of shipboard operational guidance.  This publication addresses a critical gap in maritime safety guidance by providing the industry’s first comprehensive resource dedicated specifically to deck operations. Together with the widely used Bridge Procedures Guide and Engine Room Procedures Guide, this new publication completes a trilogy of core resources designed to harmonise best practice across all shipboard departments. While these three guides provide essential, department-specific procedures, they form part of ICS’s broader portfolio of safety publications that support shipowners and […] - [Aegean Protective Coatings and PPG Successfully Apply Cutting-Edge Electrostatic Technology](https://nafsgreen.gr/aegean-protective-coatings-and-ppg-successfully-apply-cutting-edge-electrostatic-technology/): Aegean Protective Coatings S.A., representative of PPG in Greece, proudly announces the successful completion of a high-performance coating project during the dry docking of the tanker Apiliotis of Elin Shipping Co. at Chalkis Shipyards in October 2025. During the dry docking, the hull of M/T Apiliotis was coated with PPG NEXEON 810, an ultra-low friction, premium performance copper-free antifouling, with the use of ESTA technology. This project marked another milestone in Aegean Protective Coatings’ ongoing effort to introduce sustainable and innovative coating technologies to the Greek shipping industry. The Field Technical Service Team of Aegean and PPG played a key role […] - [IACS announces next Chair](https://nafsgreen.gr/iacs-announces-next-chair/): The Council of the International Association of Classification Societies (IACS) has announced the election of Alex Gregg-Smith to the position of IACS Chair. Mr Gregg-Smith will assume the role on 1 July and his term of office will run until 31 December 2027. On being selected unanimously by his peers in the Association, Mr Gregg-Smith commented, “The maritime industry is at a crucial stage in its technical, digital and environmental evolution. The role of IACS in ensuring these far-reaching changes are implemented at pace, uniformly and with safety at the core, is fundamental. I am honoured that the IACS Council has […] - [Shipping’s methane decarbonisation pathway becomes a clear runway for the future](https://nafsgreen.gr/shippings-methane-decarbonisation-pathway-becomes-a-clear-runway-for-the-future/): Industry coalition SEA-LNG has published its annual ‘View from the Bridge’ report, highlighting 2025 as a year of strong growth in LNG, liquefied biomethane (LBM/bio-LNG) and e-methane emissions reductions, costs and availability. This year’s report “The Journey” highlights a decade of progress towards a cleaner future powered by over $150 billions of investment to increase the use of LNG (methane) as a marine fuel. With LNG powered vessels ordered in 2025 accounting for 79% of alternative-fuelled tonnage, up from 67% in 2024, the LNG-powered global fleet both operating and on-order, including LNG carriers, today represents 10% of the global fleet by dead […] - [Alarm overload is undermining safety at sea](https://nafsgreen.gr/alarm-overload-is-undermining-safety-at-sea/): Analysis of more than 40 million alarm-related events shows most alarms offer little operational value, disrupt rest and push crews toward risky workarounds.   New research from Lloyd’s Register (LR) has revealed that excessive and nuisance shipboard alarm systems are routinely overwhelming crews and, in many cases, actively undermining safety at sea.  The findings, published today in Effective Alarm Management in the Maritime Industry are based on data collected from 11 operational vessels, spanning over 2,000 days and more than 40 million alarm-related events.  The study shows that many ships generate thousands of alarms every day, many of which provide little or no operational value. The result is widespread alarm fatigue, disrupted rest periods and a growing erosion of trust in systems that are intended to protect […] - [Union Maritime and BAR Technologies Gain SOLAS Approval](https://nafsgreen.gr/union-maritime-and-bar-technologies-gain-solas-approval/): The Marshall Islands Flag State Administration and Bureau Veritas have formally approved SOLAS equivalency proposals submitted by Union Maritime and BAR Technologies for two MR2 tankers under construction at Wuhu Shipyard, China. The vessels will be equipped with BAR Technologies’ WindWings® advanced wind propulsion systems designed to significantly reduce fuel use and emissions. The approvals cover detailed equivalency proposals addressing bridge visibility, navigation-light placement and radar line-of-sight, critical compliance factors affected by the installation of wing sails. They build on the momentum of recent LR2 approvals at Yangzijiang Shipbuilding and the successful installation on SWS Brands Hatch, further demonstrating that WindWings® can be safely integrated into […] - [UK-led Maritime Consortium sets out plan for nuclear-powered fleet ](https://nafsgreen.gr/uk-led-maritime-consortium-sets-out-plan-for-nuclear-powered-fleet/): The UK is taking a decisive step towards leading the global race to decarbonise shipping with the launch of the Maritime Nuclear Consortium.  Convened by Lloyd’s Register (LR), the group unites leading expertise from the nuclear, maritime, insurance and regulatory sectors to set the highest international standards for safe, secure and commercially viable nuclear-powered ships.  Maritime nuclear power is a proven, advanced and safe energy source that can tackle one of the toughest challenges in the energy transition. The next generation of advanced modular reactors (AMRs) will allow ships to sail for years without refuelling, with zero carbon emissions and rigorous safety built in from the start.  Nuclear produces […] - [CMA D. ARGOUDELIS & CO S.A. Certified™ as a Great Place To Work for the 5th Consecutive Year](https://nafsgreen.gr/cma-d-argoudelis-co-s-a-certified-as-a-great-place-to-work-for-the-5th-consecutive-year/): CMA D. ARGOUDELIS & CO S.A. proudly announces that it has once again been Certified by Great Place To Work®, marking the fifth consecutive year the company has earned this globally recognized distinction. This sustained achievement reaffirms CMA’s long-term commitment to cultivating a high-trust, high-performance workplace where people are empowered to grow, collaborate, and innovate. Great Place To Work® Certification™ is based entirely on direct, anonymous feedback from employees through the Trust Index™ survey, which evaluates key dimensions of workplace culture such as credibility, respect, fairness and pride. Earning the certification requires companies to meet stringent benchmarks that reflect consistent, organization-wide […] - [Mintra Strengthens SQLearn Acquisition with Appointment of Vassilios Demetriades as Global Ambassador](https://nafsgreen.gr/mintra-strengthens-sqlearn-acquisition-with-appointment-of-vassilios-demetriades-as-global-ambassador/): Mintra, a global leader in digital learning and workforce management solutions for the maritime and energy industries, today announced the appointment of Vassilios Demetriades as Global Ambassador, with a strategic focus on the Greek market. The appointment follows Mintra’s recent acquisition of SQLearn and marks a key step in strengthening SQLearn’s position within the Mintra group and in the global maritime training landscape. The integration of SQLearn into Mintra brings together two established digital learning providers, combining Mintra’s global scale and technology platform with SQLearn’s strong reputation and deep-rooted presence in the Greek maritime market. This strengthens SQLearn’s ability to operate […] - [KPI OceanConnect and Baseblue complete integration](https://nafsgreen.gr/kpi-oceanconnect-and-baseblue-complete-integration/): Effective 15th January 2026, Baseblue Ltd will change name to KPI OceanConnect (Cyprus) Ltd, thereby completing the integration into one organisation under KPI OceanConnect. As previously announced, the two organisations have decided to join forces to streamline operations and better align regional teams. As part of this strategic integration, expected to increase the group’s market share in the East Mediterranean, all customer and supply agreements will continue unchanged under KPI OceanConnect, ensuring a seamless transition.   Dorthe Bendtsen, CEO of KPI OceanConnect, will continue to lead the organisation, supported by the existing regional and local management structure. The integrated team will […] - [Chalkis Shipyards-Leading the Way in Sustainable Ship repairs](https://nafsgreen.gr/chalkis-shipyards-leading-the-way-in-sustainable-ship-repairs/): Chalkis Shipyards SA announces that it has become the first shipyard in Greece to submit a Greenhouse Gas Inventory Report and to obtain a Verification Statement of the Carbon Footprint Report – No. GR007443 by the internationally recognized certification body Bureau Veritas (BV). The inventory and quantification of greenhouse gas emissions were conducted in accordance with ISO 14064-1:2018, which specifies principles and requirements for the design, development, reporting, and verification of organizational greenhouse gas inventories. The verification of the Carbon Footprint Report was performed by Bureau Veritas in accordance with ISO 14064-3:2019, ensuring the accuracy, completeness, and reliability of reported emission data. This achievement demonstrates Chalkis Shipyards’ strategic commitment to transparency, compliance with international sustainability […] - [IACS updates UR M78 to drive zero-carbon shipping](https://nafsgreen.gr/iacs-updates-ur-m78-to-drive-zero-carbon-shipping/): The International Association of Classification Societies (IACS) has announced a landmark revision to its Unified Requirement UR M78, introducing comprehensive safety requirements for marine engines fuelled by ammonia. This update marks a pivotal step toward achieving the maritime industry’s decarbonization goals and supporting the transition to zero-carbon fuels. The newly published Rev.4 of UR M78 expands its scope to include ammonia as an approved fuel for reciprocating internal combustion engines. This development reflects IACS’s commitment to enabling innovative propulsion technologies while maintaining the highest safety standards. The highlights of this revision to UR M78 include: Rev.4 will be uniformly applied by IACS Member Societies […] - [Iasonas Lalizas*: LALIZAS - Supporting  Shipyards In Delivering Safety At Sea ](https://nafsgreen.gr/iasonas-lalizas-lalizas-supporting-shipyards-in-delivering-at-sea/): With over 40 years of proven expertise in the field, LALIZAS has supplied life saving and fire fighting equipment to numerous new building projects ranging from passenger vessels and ultra-luxury cruise ships, to commercial ships, tug boats and navy projects, and continues to work on multiple ongoing and upcoming vessel constructions worldwide. In today’s complex maritime landscape, the construction of new vessels demands not only innovation and precision, but also strict adherence to international safety regulations. As a global leader in marine safety equipment, LALIZAS plays a vital role in supporting Shipyards and Ship-Owning Companies in the supply of Life Saving […] - [Hydrogen’s potential and its limits for decarbonisation](https://nafsgreen.gr/hydrogens-potential-and-its-limits-for-decarbonisation/): Lloyd’s Register (LR) has published the latest report in its award-winning Fuel for thought series, providing a comprehensive assessment of hydrogen’s potential role in maritime decarbonisation.  Fuel for thought: Hydrogen examines hydrogen from production and supply through to onboard use, highlighting the fuel’s advantages alongside the safety, infrastructure and cost challenges that currently restrict its adoption.   Green hydrogen has the potential to deliver zero tank-to-wake greenhouse gas emissions when used in fuel cells and has a vital role as the building block for e-fuels such as ammonia and methanol. But hydrogen’s low volumetric energy density, the need for cryogenic storage at –253°C and heightened safety risks means that the fuel is far from a ready-made solution for most ship types.  The report notes that while interest is rising, particularly […] - [IMO Secretary-General sets his priorities for 2026](https://nafsgreen.gr/imo-secretary-general-sets-his-priorities-for-2026/): International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has emphasized key items on the IMO’s upcoming agenda. In a video message, Secretary-General Dominguez said:  “As we start 2026, I would like to focus on something simple: getting things done. At IMO, this is the year of implementation; moving from plans to concrete actions and measurable progress, reflected in our world maritime theme: “From Policy to Practice – Powering Maritime Excellence.”    “Seafarers. Nearly two million work at sea. Recognizing that training needs to keep up with the new realities of the industry, we will start a major update of the STCW Convention – including emerging technologies, new fuels and changing requirements.   “On decarbonization, we are moving ahead with efforts to cut greenhouse […] - [19th Marine Technology Conference Reaffirms Hellenic Maritime Leadership](https://nafsgreen.gr/19th-marine-technology-conference-reaffirms-hellenic-maritime-leadership/): The 19th Annual Conference of Marine Technology, organized by the Hellenic Institute of Marine Technology (H.I.M.T.), was completed with great success on December 9–10, 2025 at the Eugenides Foundation, reaffirming its role as the country’s leading technical and scientific body in the maritime sector. The Conference attracted more than 1,000 registrations, a milestone for the institution, as well as a record level of participation from scientific contributors, senior executives of the maritime industry, academics, researchers, students and young engineers. For the first time, parallel conference sessions were introduced, highlighting the breadth, maturity and scientific depth of the marine technology community. The […] - [Mikki Koskinen takes the helm as ES|ECSA President](https://nafsgreen.gr/mikki-koskinen-takes-the-helm-as-esecsa-president/): Mikki Koskinen from Finland has been elected the next European Shipowners | ECSA President, starting on 1 January 2026 for a two-year term, with Nikolas Veniamis from Greece, joining as the new Vice-President. Mikki succeeds Karin Orsel, who has held the position since January 2024. Commenting on his election, Mikki Koskinen, incoming ES|ECSA President, said:“Over the past six decades, European Shipowners | ECSA has evolved into an indispensable strategic partner to the European institutions, consistently championing policies that strengthen the competitiveness of European shipping while driving sustainability, innovation, and the industry’s energy transition. Today’s global challenges have made the strategic role […] - [ABB Generations 2025 - Charting the maritime frontiers](https://nafsgreen.gr/abb-generations-2025-charting-the-maritime-frontiers/): ABB has collected its ‘Generations’ articles for 2025 into a single publication to offer an overview of insights and perspectives on energy efficiency and digitalization in a pivotal year for maritime decarbonization.  Generations 2025 explores how market imperatives, research, technology developments, and regulatory decisions have shaped both opportunities and challenges for maritime stakeholders, as the global industry strives toward a green transition. This year’s Generations articles focus on latest developments in market-ready solutions, the impact of measures such as GHG pricing, and innovations that broaden choices for tomorrow. The publication also showcases ABB’s work to offer ship owners fuel-agnostic flexibility based […] - [Austal USA expands digital transformation with SSI](https://nafsgreen.gr/austal-usa-expands-digital-transformation-with-ssi/): SSI, a global leader delivering software, services, and expertise for the business of shipbuilding, announced that Austal USA, a partner since 2005, will use its ShipbuildingPLM product lifecycle management (PLM) solution to further expand its digital transformation. This decision reflects Austal USA’s pursuit of innovation and operational excellence in shipbuilding, showing how a shipbuilding-specific digital platform can accelerate production, reduce risk, and create a single source of truth across complex programs. By leveraging ShipbuildingPLM, Austal USA is setting a new benchmark for how government shipbuilding programs can move fast, deliver consistently, and continuously improve at every stage of construction. Since 2005, […] - [Krey Schiffahrt selects Inmarsat NexusWave](https://nafsgreen.gr/krey-schiffahrt-selects-inmarsat-nexuswave/): Inmarsat Maritime, a Viasat (NASDAQ: VSAT) company, will deploy NexusWave on Krey Schiffahrt’s four newbuild heavy lift vessels. The deployment will enable the German ship manager to enhance operational efficiency and unlock the benefits of always-on, unlimited connectivity. Krey Schiffahrt currently manages eight modern multi-purpose heavy lift vessels and is expanding its fleet to meet evolving project cargo demands. Its new, state-of-the-art project cargo carriers have been designed for operational flexibility, with optimised hull shapes and innovative propulsion systems that will reduce carbon dioxide emissions by over 35% compared to equivalent tonnage. Inmarsat NexusWave will help ensure that performance monitoring and […] - [ABB and HDF Energy to develop high-power fuel cell](https://nafsgreen.gr/abb-and-hdf-energy-to-develop-high-power-fuel-cell/): ABB and HDF Energy have signed a joint-development agreement (JDA) to develop a high-power fuel cell unit for marine applications. Enabling megawatt-scale hydrogen fuel cells, the project anticipates installations on board several vessel types, even large seagoing vessels such as container feeder ships and liquefied hydrogen carriers. The agreement builds on an earlier Memorandum of Understanding (MoU) signed between ABB and HDF Energy in 2020, envisaging the collaboration1.  Foreseeing pilot installations in 2028–2029 and serial production from 2030, the agreement initiates a significant step forward for developing fuel cells as a commercially viable option to support maritime decarbonization. The collaboration combines […] - [Bunkering Services Initiative starts operations across the ARA region](https://nafsgreen.gr/bunkering-services-initiative-starts-operations-across-the-ara-region/): Leading marine fuel buyers and suppliers developed the Initiative to deliver unprecedented levels of accountability and efficiency. A group of leading companies officially launched the Bunkering Services Initiative (Initiative) across Amsterdam–Rotterdam–Antwerp (ARA) ports with operations having been conducted since December 1, 2025. The Initiative, which is voluntary and open to any third party, introduces a new gold standard of bunkering operations with technology-enabled, verifiable, and traceable insights into fuel quantity and quality to bring greater transparency and efficiency to participating companies and to help address long-standing problems across the industry. Founding participants, from both the buying and supplying sides of the […] - [IACS supports decarbonisation and digitalisation agendas](https://nafsgreen.gr/iacs-supports-decarbonisation-and-digitalisation-agendas/): Council of the International Association of Classification Societies reviews progress across its extensive work programme with emphasis on Decarbonisation, Digitalisation, Common Structural Rules and Quality performance. IACS Council (C92) met in London last week to review the significant outputs from its Safe Decarbonisation and Safe Digital Transformation Panels, the progress made on the evolution of the Common Structural Rules, and to reaffirm the centrality of Quality to classification societies’ work. C92 also said a fond farewell to its outgoing Chair, Roberto Cazzulo who has now completed his term of office. On Safe Decarbonisation, IACS Council welcomed the near finalisation of Unified […] - [Dry bulk freight market enjoy a year-end bonus](https://nafsgreen.gr/dry-bulk-freight-market-enjoy-a-year-end-bonus/): The dry bulk freight market has been unexpectedly strong in recent weeks, a sharp contrast to the first half of the year, notes MSI’s HORIZON Dry Bulk December report.  A key feature of this strength has been the outperformance of the Capesize market, which has benefited from surging Guinean bauxite exports (up 35% yoy for Jan-Aug). Chinese iron ore demand has also played a major role, with import volumes recovering from a weak first half to the year.  This has underpinned solid Brazilian and Australian exports, which are expected to remain robust as China moves into a restocking phase. Notably, the iron […] - [Stena Surprise Officially Joins The Swedish Registry](https://nafsgreen.gr/stena-surprise-officially-joins-the-swedish-registry/): Leading tanker shipping company Stena Bulk announced that it has officially reflagged its Suezmax tanker Stena Surprise under the Swedish flag, marking a significant milestone for Swedish shipping. A ceremony was held on board the vessel in Nynäshamn, Sweden. Andreas Carlson, Minister for Infrastructure and Housing, attended to witness the hoisting of the Swedish flag.  Built in 2012, Stena Surprise is the latest Suezmax tanker to join the Swedish Shipping Register, following Stena Sunrise and Stena Suede in flying the Swedish colours. The latest transfer is part of an ongoing strategic initiative to reflag some of Stena Bulk’s vessels in Sweden. Choosing to flag the vessels in Sweden highlights the strategic […] - [WISTA HELLAS Gala Dinner & Award Ceremony 2025](https://nafsgreen.gr/wista-hellas-gala-dinner-award-ceremony-2025/): The room was filled with smiles, handshakes, and discussions rich in substance. The WISTA Hellas Gala Dinner 2025 was not just a night of recognition – it was a celebration of genuine action, leadership that serves consistently, and collaboration that builds bridges in a demanding industry. WISTA Hellas confirmed once again that everything it does is targeted and meaningful, not for show. Every choice, every initiative, and every award reflects the real impact on the professional community and the empowerment of women in shipping. WISTA Hellas Leadership Award 2025 This year’s Leadership Award was presented to Metaxia Psaltis, Chief Operating Officer […] - [Helm Reaches 400 Customers for Helm CONNECT](https://nafsgreen.gr/helm-reaches-400-customers-for-helm-connect/): Helm Operations announced that it has reached 400 customers and more than 10,000 vessels and assets running on Helm CONNECT worldwide, marking a major milestone for one of the maritime industry’s most widely adopted maintenance and operations platforms. The achievement reflects Helm’s expanding role as the operational foundation for fleets across towing, offshore support, passenger vessels, barges, dredging, and other specialized service segments. As more operators in more verticals adopt Helm CONNECT, the platform is increasingly becoming the connective layer fleets rely on to standardize, streamline, and scale their daily operations. “This milestone isn’t just about hitting a number — it’s […] - [Presentation of the First “Kunpeng Scholarship” Awards](https://nafsgreen.gr/presentation-of-the-first-kunpeng-scholarship-awards/): With great success and in the presence of representatives of the Government, Local Authorities and the Embassy of the People’s Republic of China, the first award ceremony of the “Kunpeng Scholarship” (PPA–COSCO SHIPPING Kunpeng Scholarship) took place at the premises of Piraeus Port Authority. This is a new corporate social responsibility initiative by PPA S.A., which supports first-year university students with outstanding academic performance from the neighboring municipalities of Piraeus, Perama, Keratsini–Drapetsona and Salamina, providing tangible assistance for the first steps of their academic journey. During the ceremony, scholarships were awarded to ten students, in recognition of their high performance and […] - [ABB’s new DP2 functionality delivers major improvement](https://nafsgreen.gr/abbs-new-dp2-functionality-delivers-major-improvement/): ABB has verified a major advancement in vessel Dynamic Positioning (DP) technology, following successful Failure Mode and Effects Analysis (FMEA) proving trials and sea trials on board the new wind turbine installation vessel (WTIV) Norse Wind. By integrating ABB Ability™ Marine Pilot Control – a ship control system that unifies dynamic positioning, maneuvering, and transit functionalities into one intuitive interface – with Azipod® propulsion units, the vessel showcases distinctive advantages of system-level synergy. Meeting all performance expectations, ABB’s new Dynamic Positioning Class 2 (DP2) control system draws on input from DP operators, studies of accident logs and model-based control algorithms. Offering […] - [Mintra acquires SQLearn](https://nafsgreen.gr/mintra-acquires-sqlearn/): Mintra, a global leader in digital learning and workforce management solutions for the maritime and energy sectors, is pleased to announce that it has completed the acquisition of SQLearn, a leading Greek provider of online maritime training solutions. This strategic acquisition marks the next phase in Mintra’s commitment to support the maritime industry’s digital transformation, with a special focus on Greece and beyond. With decades of international experience in learning, HR and crew-management solutions, Mintra brings to the table a comprehensive suite of software and services, enabling global workforce optimisation, learning delivery, compliance management and more. Its flagship platforms, Trainingportal and […] - [ABS Chairman and CEO Named International Personality of the Year](https://nafsgreen.gr/abs-chairman-and-ceo-named-international-personality-of-the-year/): ABS Chairman and Chief Executive Christopher J. Wiernicki was named International Personality of the Year at the Lloyds List Greek Shipping Awards, the second time he has received the honor. The accolade followed ABS being named Number One Classification Society by Gross Tonnage in the annual Lloyds List ranking of the Top 10 Class Organizations. Wiernicki, who this week was also placed 72 in the Lloyds List ranking of the Top 100 People in Shipping, said: “Over the years, I have felt a profound bond with Greece and its maritime community. I believed in its potential and invested significant resources to […] - [Norwegian Cruise fueled with waste-based biofuels through Greek collaboration](https://nafsgreen.gr/norwegian-cruise-fueled-with-waste-based-biofuels-through-greek-collaboration/):  World Fuel Services, a World Kinect (NYSE: WKC) company (World Fuel) announces that Norwegian Cruise Line Holdings has carried out one of the first commercial biofuel bunkerings for a cruise vessel in Greece, with Norwegian Viva receiving a waste-based marine fuel blend in Piraeus. Coordinated by World Fuel, in collaboration with Greek supplier EKO, the delivery highlights how international cooperation is enabling the cruise sector to reduce emissions today. The pioneering bunkering operation represents an extension of Norwegian Cruise Line Holdings’ biofuel program across Southern Europe as part of its Sail & Sustain strategy and highlights World Fuel’s ability to connect […] - [Asia Pacific illuminating cross-sector e-fuel pathways to advance maritime decarbonization](https://nafsgreen.gr/asia-pacific-illuminating-cross-sector-e-fuel-pathways-to-advance-maritime-decarbonization/): Accelleron, a global technology leader in turbocharging, fuel injection, and digital solutions in the marine and energy industries, today released its second report in its Accelerating to Net Zero series, highlighting the Asia Pacific market’s critical role as the proving ground for much-needed e-fuel networks. “The ships are ready. The net-zero technology is ready. The fuels are still missing,” said Daniel Bischofberger, Chief Executive Officer at Accelleron. “Our customers are preparing ships to run on e-ammonia and e-methanol, and there is broad agreement that green hydrogen-based e-fuels will be essential for reaching net-zero. Even with delays to global net-zero regulation, progress is visible. We […] - [Cruise Saudi welcomes Celestyal on its maiden call to Jeddah with plaque exchange](https://nafsgreen.gr/cruise-saudi-welcomes-celestyal-on-its-maiden-call-to-jeddah-with-plaque-exchange/): Celestyal has marked its first ever visit to Jeddah, Saudi Arabia, with a traditional plaque exchange ceremony in collaboration with Cruise Saudi. The 1260-guest Celestyal Journey’s maiden call took place on November 29 as the final port on the cruise line’s new special seven-night ‘Athens to Jeddah’ voyage, which left Athens on November 22 and called at Marmaris, Turkey, and three ports in Egypt – Port Said, Sharm el Sheikh and Safaga – before concluding in Jeddah. The ceremony was attended by representatives of Celestyal including Captain Angelos Vassilakos, as well as senior team members from Cruise Saudi and port officials. […] - [CJC opens Genoa office as new route to maritime market](https://nafsgreen.gr/cjc-opens-genoa-office-as-new-route-to-maritime-market/): Campbell Johnston Clark (CJC) has announced that it has opened new offices in Genoa, following an agreement to engage an established team of maritime lawyers focusing on both English and Italian law. The international maritime law firm, which already has offices in London, Newcastle, Singapore and Miami, will be joined by a seven-strong team located in London and Genoa, led by Enrico Vergani. Vergani has also been appointed as a director of CJC. Listed for his shipping expertise in Italy in The Chambers & Partners and The Legal 500 EMEA directories, Vergani’s areas of specialisation include project financing, litigation and international […] - [Grande Istanbul, Grimaldi's new car carrier](https://nafsgreen.gr/grande-istanbul-grimaldis-new-car-carrier/): Another ammonia-ready vessel joins the Italian Group’s fleet to strengthen its vehicle transport services. Her maiden voyage on the regular East Asia–Persian Gulf service will begin shortly. On 28 November in Shanghai, the christening and delivery ceremony of the Grande Istanbulwas held. This is the fourth of seven ammonia-ready Pure Car & Truck Carriers (PCTCs) ordered from the SWS (Shanghai Waigaoqiao Shipbuilding Company Limited) and CSTC (China Shipbuilding Trading Company Limited) shipyards—both part of China State Shipbuilding Corporation Limited (CSSC). With a length of 200 meters, a beam of 38 meters, and a gross tonnage of approximately 77,500 tons, the Grande Istanbulhas been designed for […] - [Washington State Ferries selects ABB as propulsion single source vendor for five new hybrid ferries](https://nafsgreen.gr/washington-state-ferries-selects-abb-as-propulsion-single-source-vendor-for-five-new-hybrid-ferries/): ABB has been awarded a contract by Washington State Ferries (WSF) to serve as the propulsion single source vendor (PSSV) for its groundbreaking new hybrid electric 160-auto ferries. This project marks a significant milestone in the evolution of sustainable maritime transportation in the US and beyond, with ABB playing a pivotal role in the development and delivery of the five new build vessels.  In its role as PSSV, ABB will supply comprehensive hybrid electric propulsion systems that include the Onboard DC Grid™ power distribution solution, energy storage, advanced energy management, and integrated marine automation. The innovative propulsion package is designed to […] - [CSC Welcomes Cyprus’ Successful Re-election to the IMO Council](https://nafsgreen.gr/csc-welcomes-cyprus-successful-re-election-to-the-imo-council/): The Cyprus Shipping Chamber congratulates the Cyprus Shipping Deputy Ministry and all members of the delegation from the Ministry of Foreign Affairs of the Republic of Cyprus and the Cyprus High Commission in the UK, on the successful re-election of Cyprus as a Member of the International Maritime Organisation (IMO) Council for a further two-year term, during the IMO General Assembly held on Friday, 28 November 2025, in London.  Cyprus has been a Member of the IMO since 1978 and has served on the IMO Council since 1987. Its continuous re-election, along with its rise from 12th to 7th place among […] - [Auramarine delivers methanol fuel supply systems](https://nafsgreen.gr/auramarine-delivers-methanol-fuel-supply-systems/): Auramarine, a leading fuel supply systems expert, has been selected to deliver advanced fuel supply systems for three new RoPax vessels ordered by Finnlines, further strengthening the companies’ commitment to cleaner shipping and innovation. Auramarine delivers methanol, biofuels and HFO fuel systems to Finnlines RoPax vessels.  Finnlines has announced the addition of three new ‘Hansa Superstar’ class vessels, set for delivery in 2028 and 2029, to operate on the Finland–Germany route. Designed by Deltamarin, these 240-metre vessels represent a significant step in sustainable maritime transport, each offering 5,100 lane meters for cargo, accommodation for up to 1,100 passengers, and a garage […] - [Lloyd’s Register joins DCSA+ to accelerate digitalisation in container shipping](https://nafsgreen.gr/lloyds-register-joins-dcsa-to-accelerate-digitalisation-in-container-shipping/): Lloyd’s Register (LR) has joined the Digital Container Shipping Association’s DCSA+ partnership programme. By joining DCSA+, LR becomes part of a global community of carriers, shippers, terminals, forwarders and technology providers working together to align the industry behind open digital standards. The DCSA+ programme provides a structured platform for collaboration, enabling partners to connect with peers and contribute directly to the development of practical, scalable digital solutions for the container shipping ecosystem. As an official partner, LR will initially engage in the development of the Operational Vessel Schedules (OVS) standard, an initiative focused on improving visibility and coordination across the vessel schedule […] - [Nippon Paint Marine and Lloyd’s Register sign technical collaboration](https://nafsgreen.gr/nippon-paint-marine-and-lloyds-register-sign-technical-collaboration/): Marine coatings leader Nippon Paint Marine and Lloyd’s Register Advisory, a leading provider of independent ship performance consultancy to the maritime industry, today signed a technical collaboration agreement that will assess the long-term speed loss performance of Nippon Paint Marine’s FASTAR and AQUATERRAS coatings. The independent evaluation by Lloyd’s Register Advisory will enhance confidence in the hull coatings’ performance over time and establish a benchmark for assessing and comparing coating and vessel performance that can support decision-making for the future.   The project will cover a broad range of vessels coated with FASTAR or AQUATERRAS, including container carriers, bulk carriers, tankers, VLCCs, […] - [Washington State Ferries Chooses ABB for Hybrid-Electric Newbuild Vessels](https://nafsgreen.gr/washington-state-ferries-chooses-abb-for-hybrid-electric-newbuild-vessels/): ABB has secured an order with Washington State Ferries (WSF) to supply and integrate hybrid-electric propulsion systems for two hybrid-electric 160-auto ferries that initiate the owner’s ambitious System Electrification Program1. With the first two ships scheduled for delivery from Eastern Shipbuilding Group, one apiece in 2030 and 2031, the contract also includes an option for a third ferry. WSF has previously announced plans to build up to 16 ships by the end of 2040, as part of a ferry electrification program targeting lower emissions. ABB will supply and integrate end-to-end systems including power distribution, advanced energy management, and marine automation for […] - [ONE Announces Official Opening of New Greece Branch](https://nafsgreen.gr/one-announces-official-opening-of-new-greece-branch/): Ocean Network Express (Europe) Ltd. today announces the official opening of its Greece Branch, which will commence full operations on 1 December 2025. The establishment of ONE Greece marks the next phase in ONE’s ongoing investment in the Greek market. As one of the world’s most significant maritime hubs, Greece plays an essential role in global shipping and the opening of the new branch reflects ONE’s continued commitment to supporting customers and strengthening its presence in the Mediterranean region. ONE Greece brings all commercial and operational activities under direct ONE management, creating a fully integrated structure for serving the Greek market. […] - [Present and Future of Artificial Intelligence in Shipping](https://nafsgreen.gr/present-and-future-of-artificial-intelligence-in-shipping/): Chios Marine Club organized an information and experience-sharing meeting on 26 November 2025 to discuss: Present and Future of Artificial Intelligence in Shipping. The meeting took place at the purpose-built Angelicoussis Group Auditorium, Athens, Greece, and was attended by over 80 members and friends of the club. The President of Chios Marine Club, Capt. Antonis Pitsilos, opened the event and welcomed all participants, emphasizing: ΄΄This kind of event helps people of the shipping community to approach with realism and insight the prospects that Artificial Intelligence opens up for tomorrow’s Shipping Industry, without forgetting that: Human factor will always be the center of […] - [ WIMA INDIA Debuts at India Maritime Week 2025 ](https://nafsgreen.gr/wima-india-debuts-at-india-maritime-week-2025/):  In a landmark moment for the nation’s maritime sector, India officially launched the ‘Women In Maritime Association’ better known as WIMA INDIA, the country’s national chapter under WIMA ASIA and part of the International Maritime Organization (IMO)’s global Women in Maritime Programme. The launch took place 29 October 2025 at the prestigious Maritime SheEO Conference, held during India Maritime Week 2025, with dignitaries, global leaders, and maritime industry representatives in attendance.  The event began with a welcome address by Ms. Saleha Shaikh, Founder President of WIMA INDIA, who presented an insightful overview of the IMO’s Women in Maritime Programme and its […] - [Lloyd’s Register signs global partnership with EIC](https://nafsgreen.gr/lloyds-register-signs-global-partnership-with-eic/): As EIC’s Platinum Global Partner, LR will play a central role in shaping conversations that drive the energy transition, innovation, and sustainable growth worldwide.  Lloyd’s Register (LR) has signed a global platinum partnership with the Energy Industries Council (EIC), strengthening its position across international markets and major industry events.   The agreement marks the first time LR has joined the EIC at platinum level, providing the organisation with a prominent presence at leading global industry gatherings including ADIPEC in Abu Dhabi, the Offshore Technology Conference in Houston and the World Future Energy Summit in 2026.  Through this new platinum-level partnership, LR will support EIC trade delegations and facilitate networking initiatives, gaining access […] - [Nuclear-powered containerships could unlock $68 million in annual savings and eliminate GHG emissions](https://nafsgreen.gr/nuclear-powered-containerships-could-unlock-68-million-in-annual-savings-and-eliminate-ghg-emissions/): A new industry report reveals how nuclear propulsion creates competitive advantage for both operators and charterers through superior economics and performance. Nuclear-powered containerships have the potential to eliminate bunker costs, cut greenhouse gas (GHG) emissions and deliver faster transit times, while maintaining safety and economic competitiveness. The findings are drawn from a new Lloyd’s Register and LucidCatalyst report for Seaspan Corporation Pte. Ltd. The report examines the technical, economic, and regulatory potential of integrating small modular reactors (SMRs) into the containership fleet. LucidCatalyst performed a comprehensive analysis of the costs and benefits for Seaspan’s business model and collaboratively developed requirements that, if met, would create significant […] - [Damen and Windcat introduce Innovation Series – a new class of offshore support vessels](https://nafsgreen.gr/damen-and-windcat-introduce-innovation-series-a-new-class-of-offshore-support-vessels/): On 25 November 2025, at the Offshore Energy Conference in Amsterdam, Windcat signed a contract with Damen Shipyards Group for a new Multi-Purpose Accommodation Support Vessel (MP-ASV), with the option of five additional vessels of this type. To be known as the Innovation Series, the vessels will combine a large open deck with a subsea crane with fuel efficient operations and comfortable, high-quality accommodation for personnel working in the offshore energy sector for extended periods.  The order follows the collaboration between Damen and Windcat during the development of the Elevation Series Commissioning Services Operations Vessels (CSOVs). The MP-ASVs are a completely […] - [Maritime Culture Education Strengthened at Adopt a Ship Teachers Assembly](https://nafsgreen.gr/maritime-culture-education-strengthened-at-adopt-a-ship-teachers-assembly/): The 2025–26 school year begins with a strong commitment to maritime culture education. By Irene Notias  On Monday, November 24, 2025, PROJECT CONNECT launched its first Adopt a Ship program teachers assembly of the 2025–26 school year at the Marriott Hotel, Athens. The venue was generously sponsored by Mr. John Xylas, Ariston Navigation, reflecting his strong support for maritime education and Adopt a Ship. Educators, principals, and teachers from across Greece attended in person, while many more joined digitally thanks to Mr. Petros Pappas, Starbulk, enabling participation from Greece, Florida, and New York City. Teachers from Alexandroupolis and Thessaloniki were also […] - [Nuclear-powered containerships could unlock $68 million in annual savings](https://nafsgreen.gr/nuclear-powered-containerships-could-unlock-68-million-in-annual-savings/): A new industry report reveals how nuclear propulsion creates competitive advantage for both operators and charterers through superior economics and performance. Nuclear-powered containerships have the potential to eliminate bunker costs, cut greenhouse gas (GHG) emissions and deliver faster transit times, while maintaining safety and economic competitiveness. The findings are drawn from a new Lloyd’s Register and LucidCatalyst report for Seaspan Corporation Pte. Ltd. The report examines the technical, economic, and regulatory potential of integrating small modular reactors (SMRs) into the containership fleet. LucidCatalyst performed a comprehensive analysis of the costs and benefits for Seaspan’s business model and collaboratively developed requirements that, if met, would create significant […] - [MacGregor to deliver new high-performance crane](https://nafsgreen.gr/macgregor-to-deliver-new-high-performance-crane/): MacGregor has secured a contract to deliver a newly developed high-performance lightweight 165-tonne active heave compensated (AHC) crane to Hong Hua Yard in China. The vessel owner is Atlantic Navigation. Equipment delivery is scheduled for completion by the second quarter of 2027, with an option included for one additional crane. The order is booked into MacGregor’s fourth quarter 2025 order intake. The scope of supply includes the complete delivery of a modern 165-tonne AHC crane to be installed on a 90-metre Construction Support Offshore Vessel built to ABS Class standards. This newly developed crane represents the next generation of offshore lifting […] - [Marlink upgrades Eik Teleport](https://nafsgreen.gr/marlink-upgrades-eik-teleport/): Marlink, a leader in managed services for business-critical digital solutions, has transformed its Eik Teleport into a Managed Services Support Centre (MSSC) to support customers in adopting an increasing range of digital solutions. In addition to providing upgrades and changes to the Managed Services Support Centre, Marlink customers can now evaluate real world fleet network setups in a modern customer laboratory designed specifically for maritime operations. The upgrade provides Marlink customers with numerous benefits including: This new approach to client support enables shipowners to ‘sandbox’ in a test environment, developing responses and building strategies that can respond to unplanned events in when sailing […] - [e1 Marine to supply hydrogen reformers](https://nafsgreen.gr/e1-marine-to-supply-hydrogen-reformers/): e1 Marine, a global developer of advanced methanol-to-hydrogen generator technology for the maritime and port industries, has received an order from PowerCell Group, a leading provider of hydrogen-electric fuel cell solutions, for eight M30 reformers to support PowerCell’s first commercial sale of its M2Power 250 system.  The order, comprising of one reformer per M2Power 250 system, forms part of PowerCell’s SEK 150 million contract with a major European shipyard for a 2 MW methanol-to-power installation, marking the first commercial deployment of a fully integrated, methanol-reformer-and-fuel cell solution for the marine market. Delivery is scheduled for 2029 and includes product supply and […] - [UK P&I Club and TT Club announce merger discussions](https://nafsgreen.gr/uk-pi-club-and-tt-club-announce-merger-discussions/): The UK P&I Club and the TT Club have announced that they are currently engaged in discussions regarding a potential merger between the two mutual insurers. The Clubs have worked closely together for many years through their common manager, Thomas Miller. At their meetings in November, the Boards of both Clubs agreed to explore the possibility of cementing this existing relationship through a potential merger. The merged Club would have a unique breadth of expertise across the maritime and transport industry and bring together complementary strengths to enable an enhanced and integrated service to Members whilst meeting the evolving needs of the […] - [Ardmore Shipping deploys SteelCorr AI solution](https://nafsgreen.gr/ardmore-shipping-deploys-steelcorr-ai-solution/): Ardmore Shipping Corporation (NYSE: ASC) (“Ardmore” or the “Company”) has rolled out a fleetwide deployment of SteelCorr, an AI-powered application designed to enhance corrosion monitoring and paint maintenance across its fleet. The initiative marks another step in Ardmore’s strategy to embed innovation into everyday operations and support safety, performance, and long-term asset integrity. The SteelCorr Digital Paint Report (DPR)© app is now in use across Ardmore vessels, enabling crew to track corrosion and manage paint condition through a unified, data-driven platform. Using artificial intelligence, the tool analyses images uploaded by crew members to automatically generate corrosion reports, identify trends, and optimize maintenance planning […] - [24th NAVIGATOR 2025 – The Shipping Decision Makers Forum](https://nafsgreen.gr/24th-navigator-2025-the-shipping-decision-makers-forum/): The 24th NAVIGATOR 2025 – The Shipping Decision Makers Forum concluded with remarkable success, bringing together 670 leading shipping executives from 361 companies, alongside representatives from 20 embassies and 41 shipping organizations, academic institutions, and ports. The Forum once again confirmed its position as the strategic compass for the global maritime industry. The event opened with remarks from Stefanos Gikas, Deputy Minister of Maritime Affairs and Insular Policy, George Alexandratos, President of the Hellenic Chamber of Shipping, and H.E. Fang Qiu, Ambassador of the People’s Republic of China.  H.E. Matthew Lodge, British Ambassador to Greece, joined one of the panels, while […] - [Standardisation and data integration keys for maritime digitalisation](https://nafsgreen.gr/standardisation-and-data-integration-keys-for-maritime-digitalisation/): SpecTec, a market leading maritime technology company, believes that 2026 must see a step change in data standardisation, and in the integration and interoperability of systems and platforms that sustain shipping’s digitalisation journey. Achieving this will create real visibility and transparency across the shipping value chain, enhancing decision making and enabling more efficient, safer and sustainable operations. “Right now there is a clear lack of data alignment and standardisation across the industry,” said Adam Dennett, CEO of SpecTec. “Technology is often siloed and data sits in multiple systems that are not integrated or talking to each other. The opportunity is to get […] - [Coastal Transportation selects Inmarsat NexusWave](https://nafsgreen.gr/coastal-transportation-selects-inmarsat-nexuswave/): Inmarsat Maritime, a Viasat (NASDAQ: VSAT) company, has signed an agreement to deliver NexusWave for longstanding customer Coastal Transportation as the family-owned shipping company seeks a reliable and cyber-secure connectivity solution for its fleet of refrigerated and general cargo ships. Operating a regular schedule between its home terminal of Seattle, Washington, and ports throughout Western Alaska, Coastal Transportation depends on stable connectivity to safeguard mission-critical and crew communications. With cargoes often involving complex inventory, the company is acutely aware of rising cyber threats and the need for resilient digital infrastructure. NexusWave’s secure-by-design architecture and segregated networks provide Coastal Transportation with robust cyber-resilience. […] - [Lloyd’s Register and Jinan Shipyard join forces](https://nafsgreen.gr/lloyds-register-and-jinan-shipyard-join-forces/): Lloyd’s Register (LR) has signed a Memorandum of Understanding (MOU) with Jinan Shipyard, a Qatar Free-Zone-based shipbuilding company, to collaborate on the development, classification, inspection, and certification of marine vessels including yachts and tugs. This strategic partnership marks a significant step forward in enhancing shipbuilding capabilities across the Gulf Cooperation Council (GCC) region. The MOU outlines a shared commitment to promoting safety, quality, and innovation in maritime construction and repair, while ensuring full compliance with international standards and regulations. Under the agreement, Jinan Shipyard will align its construction and repair activities with LR’s classification requirements, while LR will assign qualified surveyors, […] - [Skaramangas Shipyards Join the Green Award Program](https://nafsgreen.gr/skaramangas-shipyards-join-the-green-award-program/): Skaramangas Shipyards, one of the most important shipbuilding centers in the Mediterranean, proudly announces its official inclusion as an Incentive Provider in the internationally recognized Green Award program, reaffirming the company’s commitment to a more sustainable, technologically advanced, and environmentally responsible maritime future. The induction ceremony for the company into the international Green Award program took place at the premises of Skaramangas Shipyards with great success, in the presence of notable representatives from the broader maritime community, including executives of shipping companies, certification organizations, quality bodies, and industry professionals who actively participated in discussions on green technologies and improving the environmental […] - [ICS convenes global leaders to address challenges](https://nafsgreen.gr/ics-convenes-global-leaders-to-address-challenges/): In this moment of heightened trade tensions, the International Chamber of Shipping co-hosted a second Global Maritime Trade Summit in Hong Kong to explore geopolitics and trade realignment, building resilient supply chains, and financing a dynamic and robust maritime economy. The summit was co-hosted by the Transport and Logistics Bureau of the Government of Hong Kong, SAR and the Hong Kong Shipowners Association. The theme of this year’s summit was Building Resilience, Driving Growth and Investment. Commenting at the opening of the Global Maritime Trade Summit, The Honourable Paul Chan Mopo, GBM, GBS, MH, JP , Financial Secretary, Hong Kong SAR, […] - [WIMA exhibition highlights maritime innovation and growth](https://nafsgreen.gr/wima-exhibition-highlights-maritime-innovation-and-growth/): For the second time, 40 Member Companies of the WIMA (Worldwide Industrial & Marine Association) presented their products and services in a unique way within an industrial space specially configured for the WIMA exhibition, which was successfully held on November 12 and 13, 2025, at the Stone Warehouse of the PPA in the port of Piraeus. At the same time, during the exhibition, a conference was held on November 12 with two thematic panels: Greek Coastal Shipping: Challenges, Opportunities and the Future of Coastal Shipping and Energy Saving Devices (ESDs). The President of WIMA, Mr. Ilias Chatziefraimidis, welcomed the guests for […] - [NorthStandard takes prudent position on P&I premiums](https://nafsgreen.gr/northstandard-takes-prudent-position-on-pi-premiums/): NorthStandard has advised Members of a 5% increase in P&I premiums for the marine insurance year, starting 20 February 2026, to reflect ongoing market unpredictability and risk. The global marine insurer projects a rise in premium income for 2025-26, as well as better returns on investments, higher reserves, and continued success for its diversification strategy. However, it believes a modest increase for 2026-27 is prudent in the current risk environment. Based on its position eight months into the insurance year, NorthStandard projects premium income of US$930 million for 2025-26 against US$886 million in the previous year, and free reserves of US$900 […] - [Samskip, a new era in shortsea shipping](https://nafsgreen.gr/samskip-a-new-era-in-shortsea-shipping/): Samskip proudly announces the official launch of its new shortsea service connecting Agadir and Casablanca directly with the UK and the Netherlands, marking a historic moment for Moroccan exports and European trade.The new Morocco–Europe service is designed to move cargo of all types from fresh produce to industrial materials faster, greener, and smarter, providing a true alternative to long-haul road transport. Supported by dedicated vessels, advanced reefer technology, and seamless multimodal connections across Europe, this service brings unmatched speed, reliability, and sustainability to one of the most dynamic trade corridors of our time. “This connection marks a milestone for Samskip, as […] - [HELMEPA’s New Board Of Directors](https://nafsgreen.gr/helmepas-new-board-of-directors/): With celebratory participation and a quorum that exceeded the historic threshold of 2,392 authorized votes, HELMEPA’s 47th General Assembly successfully took place on Thursday 13 November 2025, hosted at the Onassis Foundation. Chairperson Ms Semiramis Paliou stated: “HELMEPA’s work is the work of all of us: members, volunteers—young and old—partners, and of course the HELMEPA team, our Board of Directors, and Secretariat. Every year, we break the previous year’s record with regards to participation, actions, reach, and impact. Tens of thousands of children, youth, professionals, and citizens are informed, sensitized, and take part in our initiatives, shaping a new relationship with […] - [Maritime Technologies Forum Issues New Guidelines](https://nafsgreen.gr/maritime-technologies-forum-issues-new-guidelines/): The Maritime Technologies Forum (MTF) today announced the publication of guidelines for conducting qualitative risk assessments for alternative-fuelled ships: HAZID and HAZOP. The use of alternative fuels will be key to addressing the ‘2023 IMO Strategy on Reduction of GHG Emissions from Ships.’ While IMO has developed guidelines for design and operation of ships capable of using them, the Alternative Design and Approval process is required for most alternative fuels until mandatory regulations are in place. And this dictates using qualitative risk assessment to document an equivalent level of safety compared with a vessel designed to operate with conventional fuels. Existing […] - [LR and Marshall Islands Certify Helm CONNECT](https://nafsgreen.gr/lr-and-marshall-islands-certify-helm-connect/): Helm Operations has announced that nine electronic record books within Helm CONNECT Logbook have been officially approved for use in accordance with MARPOL requirements by both Lloyd’s Register and the Republic of the Marshall Islands. This dual certification confirms that Helm CONNECT’s electronic record books meet the standards outlined under MARPOL, the NOx Technical Code 2008, and the Ballast Water Management Convention. It provides operators with a certified, compliant alternative to paper logbooks—supporting the maritime industry’s broader transition toward digital documentation and streamlined compliance management. “Our mission has always been to reduce inefficiency and simplify compliance for maritime operators,” said James […] - [GNV partners with Lloyd’s Register](https://nafsgreen.gr/gnv-partners-with-lloyds-register/): Lloyd’s Register (LR) has collaborated with Italian ferry operator GNV to deliver the third edition of its training programme dedicated to fleet energy efficiency and decarbonisation.  The three-day course, which took place from 10 to 12 November at the MSC Training Centre in Sant’Agnello, Sorrento, involved approximately 50 members of the technical and operational staff from across the fleet, including Captains, Chief Engineers, Chief Pursers, First Engineers and Deck Officers.   The aim was to strengthen skills in energy management, the use of alternative fuels, and the application of digital tools for consumption monitoring and regulatory compliance.  Jointly developed by GNV’s Energy Efficiency Department and LR technical […] - [Anemoi completes Rotor Sail installation](https://nafsgreen.gr/anemoi-completes-rotor-sail-installation/): Anemoi Marine Technologies, the UK-based leading designer of Rotor Sails for wind-assisted ship propulsion, has completed the retrofit on another of the largest vessels in the world after installing five 35m-tall units on the 400,000 DWT ore carrier NSU TUBARAO. The vessel, owned by bulk owner/operator NS United Kaiun Kaisha, Ltd. (NSU) and chartered by mining giant Vale International*, is expected to reduce fuel consumption by 6-12% annually using the wind-assisted propulsion system. This marks the fourth VLOC installation of Anemoi Rotor Sails on vessels chartered by Vale*. The completion of this installation means Anemoi has surpassed 1.6million DWT of vessel tonnage […] - [MSC Cruises Announces Two New World Class Orders](https://nafsgreen.gr/msc-cruises-announces-two-new-world-class-orders/): MSC Cruises and Chantiers de l’Atlantique today announced a major extension of their long-standing relationship with orders for two additional World Class ships – numbers 7 and 8 – due to be delivered in 2030 and 2031. The announcement was made at a double celebration event to mark important maritime milestones for two other World Class ships currently under construction at Chantiers de l’Atlantique’s shipyard in Saint Nazaire, France, the float out of MSC World Asia and coin ceremony of MSC World Atlantic. Valued at €3.5 billion, the orders announced today bring MSC Cruises’ total investment in the four ships ordered […] - [John McDonald Appointed ABS Chairman and CEO](https://nafsgreen.gr/john-mcdonald-appointed-abs-chairman-and-ceo/): The ABS Board of Directors has elected John McDonald as the new Chairman and Chief Executive Officer of ABS at a board meeting on November 11. In the culmination of a well-planned succession process, McDonald, the serving ABS President and Chief Operating Officer, will take over on January 1, 2026, when present ABS Chairman and CEO Christopher J. Wiernicki retires. McDonald said: “I am honored to lead this remarkable organization. I do so with deep respect for the legacy of technical excellence and steadfast commitment to safety that has guided ABS for more than 160 years. Building on this foundation and […] - [KPI OceanConnect launches fifth annual “50for50”](https://nafsgreen.gr/kpi-oceanconnect-launches-fifth-annual-50for50/): KPI OceanConnect, a leading global marine energy solutions provider, has today announced the fifth annual edition of its “50for50” initiative. From 11 November to 31 December 2025, the company will donate $50 for every customer order, directing support to local charities in the communities where its people and customers live and work. For 2025, customers will be invited to choose which local charity receives the donation from their order. Each KPI OceanConnect office has nominated two trusted local organisations and customers will get to select their preferred beneficiary on confirmation of their order. Over the past four years, “50for50” has contributed $455,300 to […] - [KR unveils new digital platforms “PILOT” and “POWER”](https://nafsgreen.gr/kr-unveils-new-digital-platforms-pilot-and-power/): KR (Korean Register) has launched two new digital platforms, PILOT (Platform for Insightful LOw-emission Transitions) and POWER (Performance evaluation for Operational characteristics, Weather & aging Effect and fuel consumption Review), designed to support the shipping industry in developing optimal carbon-reduction strategies and enhancing operational efficiency. As the EU’s greenhouse gas regulations, EU ETS and FuelEU Maritime, are already in force, the delay in the International Maritime Organization’s (IMO) adoption of its Net-Zero Framework has heightened uncertainty over future global regulatory developments. Amid this complex landscape, shipping companies are seeking solutions that can help them evaluate various emission-reduction options and operational strategies […] - [Pelagic Partners announces first acquisition under MareVia Fund](https://nafsgreen.gr/pelagic-partners-announces-first-acquisition-under-marevia-fund/): Shipowner and shipping fund manager, Pelagic Partners, has announced the successful acquisition of three multipurpose (MPP) vessels. The acquisition represents the first under Pelagic Partners’ new MareVia Credit Fund, and is the 31st acquisition since Pelagic Partners’ inception, in 2020. The three 17,500 dwt multipurpose (MPP) vessels – MV Condor Bilbao, MV Condor Magallanes, and MV Condor Valparaiso – are currently employed under a bareboat charter arrangement with a minimum duration of five years. Pelagic Partners’ latest private credit fund is explicitly designed to address the increasing capital needs of the maritime industry and significantly expands Pelagic Partners’ influence as a shipowner and investment manager within the […] - [Ship agents face growing risk of weekend charge disputes](https://nafsgreen.gr/ship-agents-face-growing-risk-of-weekend-charge-disputes/): Ship agents risk facing an increasing number of legal disputes over weekend port charges if unclear operational instructions from owners and charterers continue to expose them to financial risk, according to International Transport Intermediaries Club (ITIC). A recent case handled by ITIC involved a disagreement between a shipowner and their local agent after a routine discharge operation extended into a Saturday, triggering a 150% stevedoring surcharge that was outlined in their pro forma disbursement account (PDA). The owner refused to pay the additional stevedore costs for the weekend shift, claiming the agent should have delayed operations until the following Monday to […] - [SEA-LNG responds to EU's STIP plan](https://nafsgreen.gr/sea-lng-responds-to-eus-stip-plan/): The EU Commission’s new Sustainable Transport Investment Plan (STIP), published on 5th November, represents a major milestone for the methane decarbonisation pathway.  The Plan explicitly recognises LNG, bio-methane and e-methane within the clean-fuel mix, noting that ‘LNG, with effective methane-slip mitigation technologies, can also reduce GHG emissions,’ and the trend of ‘ocean-going ships moving towards methane (LNG, bio-methane and in future e-methane).’ In clearly recognising the methane decarbonisation pathway, the STIP reflects long-standing calls for fuel and technology neutrality, ensuring methane, biomethane and e-methane compete on equal terms with other clean fuels. The STIP also aligns with maritime market realities and recognises the importance of infrastructure continuity.  Over […] - [DNV Type Approval Design Certificate accelerates deployment of Econowind VentoFoils](https://nafsgreen.gr/dnv-type-approval-design-certificate-accelerates-deployment-of-econowind-ventofoils/): Econowind has received a Type Approval Design Certificate (TADC) from classification society DNV for its VentoFoil 3-Series boundary layer suction wing. The certification confirms compliance with DNV’s ST-0511 standard for Wind-Assisted Propulsion Systems and enables easier integration of VentoFoils on DNV-classed vessels worldwide. The approval accelerates the deployment of wind propulsion across the shipping industry. “DNV is one of the world’s leading classification societies. This TADC gives DNV-classed shipowners confidence that VentoFoils meet the highest industry standards,” says Chiel de Leeuw, Chief Commercial Officer at Econowind. “It simplifies the approval process for both retrofits and newbuilds. VentoFoils are ideal for late-stage […] - [SEA-LNG 2026 Mid-Year Market Review](https://nafsgreen.gr/sea-lng-2026-mid-year-market-review/): SEA-LNG, the multi-sector coalition spanning the entire LNG value chain, has published its 2026 Mid-Year Market Review. It provides a snapshot of the current market conditions facing the methane pathway, with particular focus on the growth of liquefied biomethane (LBM/bio-LNG). This report comes as SEA-LNG celebrates its tenth anniversary and gains provisional consultative status at the International Maritime Organization (IMO). According to analysis of vessel orders from January to June 2026 from SEA-LNG member DNV, LNG dual-fuel orders remain robust at 73 vessels, accounting for almost 90% of the alternatively fuelled order book, when compared with ammonia, hydrogen and methanol. Additionally, […] - [Greek Maritime Golf Event returns on September 4-6, at Costa Navarino](https://nafsgreen.gr/greek-maritime-golf-event-returns-on-september-4-6-at-costa-navarino/): Greek Maritime Golf Event, the top golf event for the maritime community, returns for its 12th year, on September 4-6, 2026, at Costa Navarino, in Messinia. This year, the tournament will be held exclusively at The Dunes Course, the course named “Greece’s Best Golf Course 2025” at the World Golf Awards 2025. This prestigious golf tournament, aimed exclusively at distinguished executives from the Greek and international maritime industry, will once again bring together senior industry leaders in a unique setting of centuries-old olive groves, with breathtaking views over the Ionian Sea, the historic Bay of Navarino, and the picturesque harbor of […] - [Piraeus Port Authority S.A. and the National Technical University of Athens Sign Memorandum of Understanding](https://nafsgreen.gr/piraeus-port-authority-s-a-and-the-national-technical-university-of-athens-sign-memorandum-of-understanding/): Piraeus Port Authority S.A. (PPA S.A.) and the National Technical University of Athens (NTUA) signed a Memorandum of Understanding (MoU), launching a strategic collaboration in the fields of research, technological advancement, and sustainable port development. The Memorandum aims to strengthen cooperation between the academic community and the port industry through joint initiatives in areas such as smart port technologies, digital transformation, environmental sustainability, maritime safety, and logistics. It also establishes a framework for collaborative research, knowledge exchange, and educational activities, fostering the development of advanced solutions for the maritime sector. On the signing, the Chairman of PPA S.A., Mr. Han Chao […] - ["From ashes to rebirth”](https://nafsgreen.gr/from-ashes-to-rebirth/): At its new premises, the LALIZAS PORT in Piraeus, Greece, LALIZAS hosted a discussion, on July 1, dedicated to business recovery and the perseverance it demands – an evening that unfolded around Stavros Lalizas’ book, “From ashes to rebirth,” a true story of inner strength and leadership. The book marked a significant anniversary: twenty-five years since the October 2000 fire that destroyed the company’s factory in Piraeus. Drawing on stories, reflections, and personal insights from that defining period, it traces the journey that followed – a journey that shaped LALIZAS remarkable path and continues to inspire it today. A central message of the discussion was that it is often necessity that pushes us beyond […] - [Island Oil expands its fleet with the acquisition of Island Polaris and Island Horizon](https://nafsgreen.gr/island-oil-expands-its-fleet-with-the-acquisition-of-island-polaris-and-island-horizon/): Island Oil is pleased to announce the acquisition of two oil tankers, Island Polaris and Island Horizon, further expanding its owned fleet and reinforcing the Company’s commitment to providing safe, reliable and efficient marine services. The acquisition forms part of Island Oil’s long-term investment strategy aimed at strengthening its logistics capabilities and supporting the growing demand for marine fuel transportation across the Mediterranean and Black Sea. By strengthening its fleet with high-quality double-hull tankers, the Company continues to invest in operational excellence while maintaining the highest standards of safety and environmental compliance.  Beyond its commercial rationale, the investment is fully aligned with the Group’s […] - [Posidonia 2026 signals a tipping point for AI and cloud adoption in shipping, says Fleetwork](https://nafsgreen.gr/posidonia-2026-signals-a-tipping-point-for-ai-and-cloud-adoption-in-shipping-says-fleetwork/): Artificial intelligence and cloud-native technologies have moved from innovation projects to operational priorities for shipping companies, according to Fleetwork following its participation in Posidonia 2026. The Greek maritime technology company, developer of the first fully cloud-based maritime ERP platform built in Greece, reported strong interest from shipowners and operators seeking to modernize fleet management, streamline workflows and unlock greater value from operational data through AI-powered and cloud-native solutions. During Posidonia 2026, Fleetwork conducted more than 80 meetings with representatives from 50 shipping companies and received 15 requests for product demonstrations and follow-up discussions. Discussions throughout Posidonia 2026 highlighted a clear shift […] - [SES and Tototheo Global Expand Multi-orbit FlexMaritime Services Worldwide](https://nafsgreen.gr/ses-and-tototheo-global-expand-multi-orbit-flexmaritime-services-worldwide/): SES, a leading space solutions company, and Tototheo Global, a leading provider of advanced connectivity and technology solutions for the maritime, enterprise and government sectors, announced an expanded collaboration to deploy SES FlexMaritime across global markets.  Under the multi-year agreement, SES FlexMaritime will provide Tototheo Global with high-performance multi-orbit satellite and terrestrial connectivity. Combined with Tototheo Global’s deep industry expertise and global service capabilities, this will enable maritime customers worldwide to benefit from consistent, reliable connectivity that supports critical vessel operations while accelerating the adoption of data-driven and digitally enabled onboard services. FlexMaritime is a global connectivity solution powered by SES’s […] - [Jotun continues to secure DNV verification for speed loss performance](https://nafsgreen.gr/jotun-continues-to-secure-dnv-verification-for-speed-loss-performance/): The latest additions include speed loss data for SeaQuantum Pro U and the SeaQuantum III- and S-series, alongside the recently announced results for Hull Skating Solutions (HSS). Together with earlier results for SeaQuantum X200 and the company’s previously announced avoided CO₂ emissions figures for 2025, this means Jotun now has documented speed loss results across a broader share of its hull performance portfolio. “Transparency is fundamental to building trust in our industry,” said Morten Sten Johansen, Global Category Director for Hull Performance at Jotun. “For many years, performance claims have been difficult to compare. Through this work, we aim to bring […] - [NAPA launches AI-powered Permit to Work Dashboard](https://nafsgreen.gr/napa-launches-ai-powered-permit-to-work-dashboard/): NAPA, the global provider of maritime software and data services, has launched an AI-powered Permit to Work (PtW) Dashboard within NAPA Fleet Intelligence, its cloud solution. The functionality, which is live now and adopted by Virgin Voyages and Ritz Carlton Yacht Collection fleets, gives shoreside fleet managers and safety officers a natural language interface – one of the first in maritime software – for permit analytics. This allows them to describe the data views they need in plain English and receive interactive, reusable and customizable dashboards instantly across multiple vessels, time periods and dimensions.   The launch of NAPA’s AI-powered PtW coincides […] - [NeptuneZero and CMA Celebrate a Highly Successful Presence at Posidonia 2026](https://nafsgreen.gr/neptunezero-and-cma-celebrate-a-highly-successful-presence-at-posidonia-2026/): NeptuneZero and CMA D. ARGOUDELIS & CO S.A. are proud to announce the successful completion of their participation at Posidonia 2026, one of the world’s leading maritime exhibitions. For NeptuneZero, this marked a significant milestone as the company’s first-ever participation at Posidonia. Throughout the exhibition, the NeptuneZero team welcomed shipowners, ship managers, technical directors, operators, maritime professionals, and technology partners from across the global shipping community, showcasing innovative digital solutions designed to support the future of maritime operations. The response from visitors exceeded expectations, with strong interest in NeptuneZero’s AI-powered maritime technologies, advanced ship simulation system, smart monitoring solutions, automated reporting […] - [TecnoVeritas & ORIANI presented BioHFO to Greek Ship Owners](https://nafsgreen.gr/tecnoveritas-oriani-presented-biohfo-to-greek-ship-owners/): Following their joint presence at Posidonia 2026, TecnoVeritas and its Greek representative ORIANI hosted an exclusive workshop/seminar at the Piraeus Marine Club on 17th June 2026. In a well-attended event, TecnoVeritas presented their (DNV and BV type-approved) BioHFO inline biofuel processing system to Technical Directors & Operators in the Greek shipping community. The BioHFO (Bio Hybrid Fuel Optimizer) is a commercially deployed inline biofuel processing system that directly reduces EU ETS costs and Fuel EU compliance liabilities for vessels already in operation. TecnoVeritas BioHFO’s defining feature is its patented inline processing architecture. B100 biodiesel and HFO are stored in separate tanks throughout the […] - [NorthStandard partners Sailors’ Society](https://nafsgreen.gr/northstandard-partners-sailors-society/): NorthStandard will partner maritime welfare charity Sailors’ Society to support seafarers’ emotional wellbeing in delivering Sea Mate – an industry‑leading online mental health awareness training programme. Launched during the week of Day of the Seafarer 2026 (25 June), the partnership reinforces shared commitments to recognise and support the vital contribution seafarers make to global trade, delivering Sea Mate as part of NorthStandard’s My Mind Matters initiative. Sea Mate offers seafarers a range of onboard emotional support, training seafarers to become Wellbeing Officers who can recognise distress, provide peer support and respond to challenges arising at sea. Life at sea presents unique challenges, including […] - [Euploia Drydocks & Services Ltd and WSK International Sp. z o.o. Announce Strategic Exclusive Partnership](https://nafsgreen.gr/euploia-drydocks-services-ltd-and-wsk-international-sp-z-o-o-announce-strategic-exclusive-partnership/): Euploia Drydocks & Services is pleased to announce the establishment of an exclusive principal partnership with WSK International. This strategic collaboration represents a significant milestone in further strengthening its service portfolio and expanding the range of high-quality solutions Euploia offers to its clients across the maritime industry. WSK International is recognized worldwide for its expertise in marine fuel and lubricating oil separator systems, offering a comprehensive range of spare parts fully compatible with Alfa Laval, Westfalia and Mitsubishi separators, as well as complete new and reconditioned separator units. In addition, WSK International supplies plate heat exchanger gaskets and plates compatible with […] - [RINA Hellenic Advisory Committee 2026](https://nafsgreen.gr/rina-hellenic-advisory-committee-2026/): RINA’s Hellenic Advisory Committee once again brought together leading representatives of the Greek shipping community, providing a platform to exchange perspectives and discuss the challenges and opportunities shaping the future of the maritime industry. Opening the meeting, George Youroukos, Executive Chairman of Technomar Shipping and Chairman of RINA’s Hellenic Advisory Committee, highlighted the importance of the Hellenic Advisory Committee as a forum for dialogue and collaboration between RINA and Greek shipping stakeholders, enabling the exchange of perspectives on the challenges and opportunities facing the industry. He also underlined the strategic importance of Greece within RINA’s marine portfolio, with the Greek-controlled fleet […] - [Record-Breaking Posidonia 2026 Delivers Deals, Dialogue and Direction for Shipping’s Future](https://nafsgreen.gr/record-breaking-posidonia-2026-delivers-deals-dialogue-and-direction-for-shippings-future/): Posidonia 2026 set a new benchmark for the global maritime industry, bringing together the world’s leading shipping stakeholders at a pivotal moment for international trade. Against a backdrop of geopolitical uncertainty, evolving decarbonisation regulations, digital transformation and mounting pressures on global supply chains, the exhibition provided a unique platform for dialogue, collaboration and deal-making. Reflecting the significance of the event, IMO Secretary-General Arsenio Dominguez, who participated at Posidonia and addressed the opening ceremony, highlighted the exhibition’s unique role in fostering industry engagement. “Posidonia is a shipping exhibition that has become a maritime institution,” said Dominguez. “Engagement and dialogue are the basis […] - [Fluid Global Solutions Expands into Egypt and North Africa with Senoussi Free Zone](https://nafsgreen.gr/fluid-global-solutions-expands-into-egypt-and-north-africa-with-senoussi-free-zone/): Fluid Global Solutions (FGS), an Italian manufacturer of pumps, spare parts, and electric motors for onboard auxiliary hydraulic systems, announces a distribution agreement with Suez-based Senoussi Free Zone Co, a chandler and marine safety services provider. This partnership represents a significant milestone in FGS’s international expansion strategy, enabling direct access to a key global maritime hub with its range of pumps, electric motors, separators, spare parts and components. Founded in 1938, Senoussi is Egypt’s first private ship supplier and has operated in the marine safety sector since 1979. Senoussi Freezone holds a landmark position as a ship chandler, reflecting decades of […] - [ABS and HHI Launch Joint Development Project](https://nafsgreen.gr/abs-and-hhi-launch-joint-development-project/): ABS and HD Hyundai Heavy Industries Co., Ltd. (HD HHI), signed a joint development agreement to support the development of a U.S.-flagged 50,000 DWT oil and chemical tanker. Under the agreement, ABS will review the HD HHI design in accordance with ABS Rules and U.S. Coast Guard requirements. “From the first 100,000 DWT tanker to today’s most advanced tanker designs, ABS has provided owners and operators with the insight and guidance they need to achieve their goals, always with a focus on safety. This initiative with HD Hyundai Heavy Industries reflects our continuing commitment to supporting practical, forward-looking solutions for the […] - [ABS, KSOE and HHI Advance Battery Integration for 16K Container Ship](https://nafsgreen.gr/abs-ksoe-and-hhi-advance-battery-integration-for-16k-container-ship/): ABS, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HD HHI) completed a joint development project for a high efficiency, 16,000-TEU ultra-large container ship with a battery hybrid system. ABS issued approval in principle (AIP) to KSOE and HD HHI at Posidonia 2026 for the electrical analysis and electrical design of the proposed vessel. ABS completed design reviews based on class requirements. “This AIP marks another important milestone in our ongoing work with KSOE and HD HHI to advance hybrid electrical systems for large commercial vessels. With safety as our guiding principle, ABS is committed to […] - [Lloyd’s Register Group and Lloyd’s Register Foundation appoints Matthias Altendorf as new chair   ](https://nafsgreen.gr/lloyds-register-group-and-lloyds-register-foundation-appoints-matthias-altendorf-as-new-chair/): Lloyd’s Register Group (LR) and Lloyd’s Register Foundation (The Foundation) are delighted to announce the appointment of the new chair of its boards.    Matthias Altendorf will succeed current chair Thomas Thune Andersen when he leaves the role at the end of his tenure in June 2027.  Matthias Altendorf, 59, brings a wealth of experience as both an executive and non-executive director across a number of high-profile organisations. He enjoyed a distinguished career of almost four decades with the Swiss-based Endress+Hauser Group, including serving as CEO from 2014 to 2023 and subsequently chairing its Supervisory Board.   Beginning his career as a toolmaking apprentice, Matthias worked his way through the […] - [Health4Crew and DNAlogy Collaborate to Strengthen Crew Health, Safety and Prevention in Shipping](https://nafsgreen.gr/health4crew-and-dnalogy-collaborate-to-strengthen-crew-health-safety-and-prevention-in-shipping/): As the maritime industry faces increasing operational pressure, growing compliance demands, crew wellbeing challenges, and the need for more proactive health management, Health4Crew and DNAlogy are pleased to announce a strategic collaboration focused on advancing preventive healthcare and innovative drug & alcohol screening services within the global shipping industry. The collaboration combines Health4Crew’s rapidly growing maritime telemedicine and digital health platform with DNAlogy’s expertise in toxicology testing, certified screening procedures, and advanced drug & alcohol testing solutions. Together, the two companies aim to support shipping companies with a more integrated, proactive, and data-driven approach to crew health, compliance, and operational safety. […] - [Prince Madog hydrogen fuel cell retrofit wins LR certification](https://nafsgreen.gr/prince-madog-hydrogen-fuel-cell-retrofit-wins-lr-certification/): The UK-flagged research vessel Prince Madog has received certification for a hydrogen fuel cell retrofit, following approval by Lloyd’s Register (LR) under its ShipRight Risk Based Certification (RBC) framework. The certification was presented at Seaworks 2026 in Southampton. The project, delivered by vessel owner O.S. Energy’s Naval Architecture and R&D office in collaboration with hydrogen and clean energy systems specialist Ecomar Propulsion, included the development of the vessel’s gaseous hydrogen storage system and the detailed integration design of the associated fuel cell, battery and ancillary systems. LR’s ShipRight RBC framework provides an assurance route for technologies that fall outside traditional regulatory frameworks. The […] - [AI firmly on the radar of fleet operators](https://nafsgreen.gr/ai-firmly-on-the-radar-of-fleet-operators/): Posidonia 2026 is proving to be the industry’s most technologically charged edition to date — with artificial intelligence, energy efficiency technology, and cloud-native maritime software all converging on the floors of the Athens Metropolitan Expo. A survey conducted by Posidonia Exhibitions ahead of the show found that more than 40 exhibitors had integrated AI into their business operations in some capacity — a figure that would have been unthinkable at Posidonia 2024, when AI-driven tech for maritime operations was tested in labs and pilot projects. From classification societies to software developers, from equipment manufacturers to logistics platforms, the technology is permeating […] - [LALIZAS Ship Chandlers & Service Providers Summit 2026](https://nafsgreen.gr/lalizas-ship-chandlers-service-providers-summit-2026/): As Greece welcomes the global maritime community for Posidonia 2026, LALIZAS opened the doors of its new headquarters on Monday June 1, to host the Ship Chandlers & Service Providers Summit 2026 – welcoming partners from around the world. While LALIZAS has successfully hosted this event in the past, 2026 marked the first time it was held at its headquarters, the LALIZAS Port, bringing together guests from Azerbaijan, Brazil, Bulgaria, China, Dominican Republic, Egypt, Estonia, Greece, India, Ireland, Lithuania, Malta, Netherlands, Nigeria, Pakistan, Panama, Portugal, Singapore, Spain, United States, Venezuela, highlighting the truly international nature of the LALIZAS network. Being a […] - [People, Planet Propel Posidonia 2026](https://nafsgreen.gr/people-planet-propel-posidonia-2026/): On the third day of Posidonia 2026 the conversation inside the halls of the Athens Metropolitan Expo transcended geopolitics, cargo tonnage, insurance premiums and charter rates. The most senior figures in global maritime governance – from the Secretary-General of the International Maritime Organization (IMO) to the President of the Union of Greek Shipowners and shipping ministers representing some of the world’s most important flag states – turned the spotlight on the two issues that will define the industry’s next decade: the safety and dignity of the men and women at sea, and the race to decarbonise global shipping. The day’s discourse, […] - [Shipping's New World Order](https://nafsgreen.gr/shippings-new-world-order/): The shipping industry entered Posidonia week confronting a new maritime world order. In a keynote address that set the tone for the day’s debate for the TradeWinds Shipowners Forum, Steve Gordon, Managing Director, Clarksons Research, presented ten data points that laid bare both the extraordinary pressures and the remarkable resilience defining global shipping. The world fleet and its order book now stand at a combined value of $2.4 trillion — a measure of the industry’s sheer scale — yet that capital is being deployed against a backdrop of deepening geopolitical stress. Transits through the Strait of Hormuz have fallen by 95%, […] - [Lloyd’s Register, Samsung Heavy Industries and Capital Clean Energy CarriersCorp to move forward](https://nafsgreen.gr/lloyds-register-samsung-heavy-industries-and-capital-clean-energy-carrierscorp-to-move-forward/): Lloyd’s Register (LR) has signed a Memorandum of Understanding (MOU) for Joint Development Project (JDP) with Samsung Heavy Industries (SHI) and Capital Clean Energy Carriers Corp for a floating data centre (FDC) design. Presented at Posidonia 2026, the JDP covers a floating data centre concept that uses proven shipbuilding methods to create scalable offshore digital infrastructure. By combining marine engineering with advanced data centre technology, it offers an alternative to land-based facilities, where limits on space, power and cooling are becoming more pressing. The concept uses standardised shipbuilding processes to reduce delivery times, while integrating its own onboard power generation system to […] - [Posidonia 2026 Opens Its Gates As Strait of Hormuz Remains Closed](https://nafsgreen.gr/posidonia-2026-opens-its-gates-as-strait-of-hormuz-remains-closed/): The global maritime community is gathering in Athens this week at a moment of acute strategic significance: with the Strait of Hormuz still closed to commercial traffic and energy supply chains under severe strain, the industry’s mandate to keep the world fed and moving has never been more visible – or more tested. Against this backdrop, and amid intensifying pressure from evolving environmental compliance regulations, Posidonia 2026 opens as the most anticipated edition of the exhibition in its nearly 60-year history. In the presence of the Prime Minister of Greece, Mr. Kyriakos Mitsotakis, EU Commissioner for Sustainable Transport and Tourism, Mr. […] - [NASDAQ salutes Posidonia 2026 and Greek shipping](https://nafsgreen.gr/nasdaq-salutes-posidonia-2026-and-greek-shipping/): One of the world’s leading financial institutions, NASDAQ, once again recognized the international reach and importance of Posidonia and the Greek shipping industry by displaying the message: “NASDAQ Salutes Posidonia 2026 & Wishes All Participants Great Success!” in Times Square. The message was featured on the iconic NASDAQ Tower, one of the most recognizable digital displays in the world and a landmark of the global business community. The display underscored both the international character of the Posidonia exhibition and the leading role of Greek shipping, which has maintained a strong and enduring presence on NASDAQ’s markets through numerous Greek-owned publicly listed shipping companies. […] - [Rising Complexity Demands New Approach to Technology Adoption](https://nafsgreen.gr/rising-complexity-demands-new-approach-to-technology-adoption/): “Access to innovation is no longer enough. Competitive advantage will be defined by how effectively we turn technology into safe, reliable performance at sea.” That was the message to the industry from John McDonald, ABS Chairman and CEO at Capital Link at the start of Posidonia, as he set out the urgent need to close the gap between rapid technological advancement and real-world performance. He highlighted the increasingly complex operating environment facing shipping, shaped by constrained capital, rising costs, extended voyages, crew shortages and escalating cyber risk and how this has direct implications for safety. “Taken together, complexity is building faster than it can […] - [Educational Visit of QMS-MTC Students](https://nafsgreen.gr/educational-visit-of-qms-mtc-students/): The students of the renowned Maritime Training Center QMS-MTC had the opportunity to experience a unique educational journey under real operational readiness conditions through an official visit to the Unified Search and Rescue Coordination Center of the Ministry of Maritime Affairs and Insular Policy. As part of connecting theoretical maritime education with practical application, a group of students and representatives from the QMS-MTC team visited the “heart” of the Hellenic Coast Guard. The students and accompanying members of QMS-MTC were warmly welcomed by Lieutenant Junior Grade H.C.G. Mr. Dimitrios Samiotis, Operations Directorate Officer, who coordinated their presence within the Ministry’s controlled-access […] - [Lloyd’s Register strengthens Greece and global commercial leadership with Anthi Miliou appointment](https://nafsgreen.gr/lloyds-register-strengthens-greece-and-global-commercial-leadership-with-anthi-miliou-appointment/): Lloyd’s Register (LR) has appointed Anthi Miliou as Senior Vice President (SVP) for Greece & Cyprus and SVP Global Commercial, strengthening its senior leadership in one of the world’s most influential shipping markets and placing an accomplished commercial leader at the heart of its global growth strategy.  In these roles, Miliou will lead the development and execution of LR’s maritime commercial growth strategy, with a clear mandate to deepen key client relationships, strengthen strategic partnerships and accelerate commercial impact across the business.  As SVP for Greece & Cyprus, she will lead LR’s engagement with shipowners and maritime leaders across the region, deepening collaboration and further elevating the expertise, influence and market presence […] - [Posidonia 2026 Takes Centre Stage](https://nafsgreen.gr/posidonia-2026-takes-centre-stage/): From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia 2026 conference programme highlights an industry actively reshaping itself in response to geopolitical disruption and structural change. Posidonia 2026 will open its gates on June 1, welcoming more than 40,000 maritime industry professionals from around the world to Athens for what is expected to be not only the largest, but also the most anticipated edition in the event’s history. Against a backdrop of geopolitical challenges in the Middle East, global shipping has moved firmly into the mainstream spotlight, underlining the strategic importance of maritime transport to global […] - [LPG highlighted as a practical pathway to accelerate decarbonisation](https://nafsgreen.gr/lpg-highlighted-as-a-practical-pathway-to-accelerate-decarbonisation/): Lloyd’s Register (LR) has published an updated edition of its Fuel for Thought: LPG report, produced jointly with the World Liquid Gas Association (WLGA), setting out how LPG can support the maritime sector’s transition to lower carbon propulsion with immediate, scalable impact. With more than 1,600 LPG carriers already in operation and a mature global supply chain supported by over 1,000 storage facilities and terminals, LPG combines mature technology, global availability and established infrastructure with a practical and credible pathway to lower-emission shipping. Fuel for thought: LPG shows how LPG can deliver meaningful environmental benefits compared with conventional marine fuels. Fossil LPG emits around 97% less […] - [NorthStandard reports strong results and strategic momentum](https://nafsgreen.gr/northstandard-reports-strong-results-and-strategic-momentum/): Global marine insurer NorthStandard has reported a strong set of financial results in its Annual Review 2026, as it pushes forward with its strategy to grow geographic reach and service capability. The P&I club reported total premium income of US$938m for the 2025/26 insurance year, up 5.8% on the $886m it earned in the previous year. In 2025, investments returned a robust 9.5% and free reserves increased by $123m to reach $923m, strengthening capital coverage above Standard & Poor’s “AAA” level. NorthStandard’s underwriting performance also improved in 2025, with a combined ratio of 105.5%, against 114% in the previous year, based […] - [First Feasibility Study on Maritime Nuclear Generation in Greece Identifies No Fundamental Barriers](https://nafsgreen.gr/first-feasibility-study-on-maritime-nuclear-generation-in-greece-identifies-no-fundamental-barriers/):  Deon Policy Institute has published the first ever report from research examining how Floating Nuclear Power Plants (FNPPs) could be considered within the political, social, economic, policy and regulatory context of a European country, using Greece as a case study, available here. The policy insights are derived from a research programme conducted by CORE POWER, Athlos Energy and the American Bureau of Shipping, the full results of which are expected to be published later this year. Greece has historically not deployed nuclear power; however, following the Greek Prime Minister’s announcement that the country will officially explore the role of nuclear energy, a productive discussion has begun to […] - [Union of Greek Shipowners: Greek Shipping Remains a Global Leading Force](https://nafsgreen.gr/union-of-greek-shipowners-greek-shipping-remains-a-global-leading-force/): The Union of Greek Shipowners has published its Annual Report for 2025–2026, presenting up-to-date statistical data on the Greek-owned fleet and its decisive contribution to the global, European, and national economy. The Report highlights the irreplaceable 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 includes the positions of the Union of Greek Shipowners regarding current developments and challenges concerning the present and future of the sector, with emphasis on decarbonization, European shipping policy, maritime safety, and the crucial role of seafarers. […] - [Grimaldi: The Vessel Grande Svezia Christened In Wallhamn](https://nafsgreen.gr/grimaldi-the-vessel-grande-svezia-christened-in-wallhamn/): The christening ceremony of the vessel Grande Svezia took place yesterday at the port of Wallhamn, Sweden. Delivered in December 2025, the ship joined the Grimaldi Group’s ammonia-ready PCTC (Pure Car & Truck Carrier) fleet, including next-generation vessels designed for the future use of ammonia as a zero-carbon alternative fuel. With her name, the Grande Svezia pays tribute to a country that has been regularly served by Grimaldi vessels for more than thirty years. Furthermore, the port of Wallhamn, chosen for the christening ceremony, is Sweden’s only private port and is managed by the Italian shipping group. The port is part of the Grimaldi Group’s historic EuroMed […] - [IMO approval clears path for ammonia-fuelled ships](https://nafsgreen.gr/imo-approval-clears-path-for-ammonia-fuelled-ships/): New safety guidelines for the use of ammonia as fuel on gas carriers have been approved at the International Maritime Organization’s (IMO) Maritime Safety Committee (MSC 111), marking a significant step towards the commercial deployment of ammonia-fuelled vessels. The guidelines, developed through collaboration between Lloyd’s Register (LR), the Belgian Federal Public Service Mobility and Transport (FPS Mobility) and gas shipping operator EXMAR, provide a practical framework to manage the safety risks associated with ammonia. By drawing directly on operational experience and regulatory input, the guidance sets out how ammonia can be handled safely on-board and supporting early projects as they move […] - [RINA reaches one billion in revenue and continues its growth plan](https://nafsgreen.gr/rina-reaches-one-billion-in-revenue-and-continues-its-growth-plan/): The shareholders’ meeting of RINA, the multinational inspection, certification and consulting engineering group, today approved the 2025 financial statements, reporting revenues of €1.03 billion, up 11% compared to 2024, and adjusted EBITDA of €155 million (+12.5% versus 2024, improving from 14.8% to 15% of revenues). The Group’s net profit rose to €39.7 million, up from €30.4 million on the previous year, while financial leverage remains stable at around 1x. In addition, RINA continues to build its future growth, supporting tomorrow’s revenues with a new order intake-to-revenue ratio above 1.2x. The positive trend continued into the first quarter of 2026, with revenues […] - [ABB modernizes expedition yacht](https://nafsgreen.gr/abb-modernizes-expedition-yacht/): ABB is collaborating with expedition travel company Quasar Expeditions, based in Ecuador, to modernize the iconic yacht formerly known as Galú for hybrid-electric propulsion. The conversion will make the vessel, originally built by Italian shipyard Benetti in the 1970s, the first of its kind. The conversion from conventional combustion engines to hybrid-electric propulsion will allow guests on board the 52.9-meter vessel to experience quiet, comfortable, and low-emission sailing in one of the world’s most sensitive biosphere reserves. Comprising ABB Onboard DC Grid™ power system platform, energy storage system (ESS), permanent magnet propulsion motors, and modern diesel gensets, the hybrid-electric propulsion system allows the […] - [Island Oil Awarded as “Social Leader” at ESG Shipping Awards](https://nafsgreen.gr/island-oil-awarded-as-social-leader-at-esg-shipping-awards/): Island Oil is pleased to announce that it was awarded the Silver Award in the Social Leader category at the ESG Shipping Awards International 2026, which took place during the annual gala ceremony and awards dinner on Friday, 15 May 2026, in Athens. The ceremony brought together more than 400 maritime companies and industry stakeholders from across the global shipping sector, reflecting the continued acceleration of Environmental, Social and Governance (ESG) transformation within the maritime industry. Now in its fourth consecutive year in Athens, the Awards received a record number of nearly 300 entries, with more than half submitted by international […] - [Vassilis Kikilias: 51% More Emergency Inspections on Ships – Zero Tolerance on Safety Issues](https://nafsgreen.gr/vassilis-kikilias-51-more-emergency-inspections-on-ships-zero-tolerance-on-safety-issues/): Emergency inspections on ships have increased by 51% this year, following instructions from the Greek Minister of Shipping and Island Policy, Vassilis Kikilias, to further intensify inspections ahead of the summer season. More specifically, by May 21, 2026, a total of 515 emergency inspections had been carried out, compared to 341 during the same period in 2025. A significant increase was also recorded in sailing bans, which reached 50 this year, up from just 4 last year, with the rate rising to 9.7% from 1.2%. Regular inspections also increased, reaching 414 compared to 397 during the corresponding period last year, marking […] - [Fleetwork returns to Posidonia 2026 showcasing the next generation of cloud maritime ERP](https://nafsgreen.gr/fleetwork-returns-to-posidonia-2026-showcasing-the-next-generation-of-cloud-maritime-erp/): Fleetwork, one of the fastest-growing maritime ERP technology companies, will participate in Posidonia 2026, taking place from June 1 to 5 at the Athens Metropolitan Expo, where it will showcase the latest generation of cloud and AI-powered solutions for the maritime industry. Established in 2009, Fleetwork evolved in 2025 into the first fully cloud maritime ERP platform developed entirely in Greece and designed specifically for the needs of modern shipping companies. Following the launch of its platform at Posidonia 2024, the company recorded significant client growth, with an increasing number of shipping companies adopting cloud-based solutions to manage their operations more […] - [Bureau Veritas showcases next-generation remote inspection at Posidonia](https://nafsgreen.gr/bureau-veritas-showcases-next-generation-remote-inspection-at-posidonia/): Bureau Veritas Marine & Offshore (BV) will launch its latest Remote Inspection Technique (RIT) center in Athens, Greece, during a Digital Solutions Seminar at Posidonia 2026. The event – How Bureau Veritas Digital Solutions Reduce Risk, Lower Cost & Enhance Asset Value – will bring together industry leaders to explore how digitalization is reshaping risk management, operational performance, and supporting asset values across shipping.  The new Athens RIT center – which joins a network that has grown from five qualified surveyors in early 2025 to more than 15 across approximately seven global centers – highlights BV’s commitment to equipping shipowners and […] - [Melina Travlos: Posidonia 2026 - Greek Shipping Moves the World](https://nafsgreen.gr/melina-travlos-posidonia-2026-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. […] - [NeptuneZero has secured a €500,000 investment](https://nafsgreen.gr/neptunezero-has-secured-a-e500000-investment/):  NeptuneZero, a Greek deep-tech company developing AI-powered solutions for vessel performance optimization and automated maritime reporting, announces the completion of a €500,000 seed investment round.  The round was led by Corallia Ventures TT AKES, with participation from angel investors  AI-driven automation and optimization for global shipping NeptuneZero is building a modular ecosystem including a platform that combines onboard hardware, edge computing, and cloud-based analytics to automate vessel reporting and optimize fleet performance in real time. The platform collects and validates operational data using AI algorithms, automatically generates daily reports, and provides real-time fleet analytics, eliminating manual processes and enabling data-driven decision-making […] - [Athens-based Maritime Emissions Reduction Centre welcomes Cargill](https://nafsgreen.gr/athens-based-maritime-emissions-reduction-centre-welcomes-cargill/): The Maritime Emissions Reduction Centre (MERC) has welcomed Cargill as its newest member, broadening the industry collaboration working to reduce greenhouse gas emissions from the existing global shipping fleet.  Cargill’s membership strengthens MERC by adding the perspective of a major charterer to the Centre’s work. This addition reflects the growing role that commercial operators can play in helping identify, assess and scale practical emissions-reduction measures for ships already in service.    Together with Drydocks World, who joined MERC earlier this year, the expanded membership strengthens the MERC’s role as a collaborative industry platform to pursue practical emissions reduction measures.  MERC is an Athens-based non-profit initiative co-established […] - [Seafarers Happiness Index reveals a quarter of two halves as geopolitical conflict drives decline](https://nafsgreen.gr/seafarers-happiness-index-reveals-a-quarter-of-two-halves-as-geopolitical-conflict-drives-decline/): The Q1 2026 Seafarers Happiness Index (SHI) from The Mission to Seafarers has revealed a quarter of two halves. What began as an initial period of stabilisation was abruptly overturned by the outbreak of conflict in the Persian Gulf, leaving many seafarers with critically low necessities and in fear for their safety. The quarterly survey was tracking upward at 7.35/10 early in the quarter, before dropping to 7.01/10 in the weeks following the start of the conflict. This 4.6% decline represented an unusually rapid rate of deterioration. Even seafarers operating outside the immediate conflict zone reported heightened stress and fear, describing the pervasive sense of […] - [ETME’s Naming Ceremony for the “Panoptis”](https://nafsgreen.gr/etmes-naming-ceremony-for-the-panoptis/): The Naming Ceremony for ETME’s USSPS (Unmanned Semi-fixed Sea Platform for Maritime Surveillance) unmanned floating maritime surveillance platform took place at the premises of Salamis Shipyards. The platform was named “Panoptis”, inspired by Argus Panoptes from Greek mythology, as a symbolic reference to continuous surveillance, vigilance and uninterrupted operational monitoring in the maritime domain. The naming of the platform was performed by Dr. Georgios D. Pateras, Vice President of Contships Management Inc. and former President of the Hellenic Chamber of Shipping. The ceremony marked another important milestone on the path towards the completion of the project, which is being implemented by […] - [MSC Cruises and Explora Journeys Receive Triple Distinction at Tourism Awards 2026](https://nafsgreen.gr/msc-cruises-and-explora-journeys-receive-triple-distinction-at-tourism-awards-2026/): MSC Cruises and Explora Journeys, the Cruise Division of the MSC Group, were honored with three major distinctions at the Tourism Awards 2026, reaffirming their leading role in shaping a new development model for cruise tourism and the Greek travel industry.  The awards ceremony, held on April 28 at the Athens Concert Hall celebrated for the 13th consecutive year the most impactful initiatives in Greek tourism. The two companies received: Syros at the forefront: a model for sustainable destination development The first Gold Award highlights Syros as a successful example of balanced and sustainable cruise destination development. Through the “Syros Uncovered” […] - [IACS publishes results of Concentrated Inspection Campaign on onboard Emergency Power Supply](https://nafsgreen.gr/iacs-publishes-results-of-concentrated-inspection-campaign-on-onboard-emergency-power-supply/): IACS, the membership organisation for the world’s leading classification societies, has published the results of its Concentrated Inspection Campaign on Emergency Power Supply Tests on ships, conducted during 2025, and made a number of recommendations that will improve compliance with SOLAS requirements. The campaign was launched in response to concerns raised by the Tokyo MoU over risks in the testing procedures, following observations raised by Port State Control officers over the reliability of ‘simulated blackout’ tests as demonstrating SOLAS compliance. The Concentrated Inspection Campaign commenced on 1 January 2025 and ended on 31 December 2025. During this 12-month period, emergency power […] - [Stefanos Chartomatzidis: Beyond Data Collection-LAROS And The New Era Of Predictive Maritime Intelligence](https://nafsgreen.gr/stefanos-chartomatzidis-beyond-data-collection-laros-and-the-new-era-of-predictive-maritime-intelligence/): In an era where the maritime industry is shifting from skeptical observation to active digital adoption, PRISMA electronics has established its LAROS platform as a benchmark for the “smart ship”. this document details how the platform addresses critical operational gaps by moving beyond simple data collection toward the integration, interpretation, and strategic utilization of information. Central to this evolution is the deployment of the MICE-1 nanosatellite, a landmark achievement for the greek space ecosystem that enhances maritime IOT connectivity and prepares the industry for the next generation of data exchange. by leveraging “dual-use” technology derived from high-stakes defense and space sectors, […] - [RINA expands its Singapore Open Innovation Hub with the support of EDB](https://nafsgreen.gr/rina-expands-its-singapore-open-innovation-hub-with-the-support-of-edb/): RINA strengthens its Singapore Open Innovation Hub with the support of the Singapore Economic Development Board (EDB). The aim is to accelerate innovation across the maritime and energy sectors. The Singapore Open Innovation Hub focuses on translating applied research into real-world solutions with clear industry impact. Bringing together industry, academia and technology partners, the Hub serves as a platform to co-develop and deploy innovations addressing key challenges across the maritime and energy sectors. At the core of the initiative are three priority areas: The Hub will support applied research, industry pilots and large-scale deployment, with a focus on delivering practical, scalable […] - [Posidonia 2026 conference programme kicks off earlywith geopolitics dominant in industry agenda](https://nafsgreen.gr/posidonia-2026-conference-programme-kicks-off-earlywith-geopolitics-dominant-in-industry-agenda/): From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia 2026 conference programme highlights an industry actively reshaping itself in response to geopolitical disruption and structural change. This year’s programme, set to begin weeks ahead of the exhibition itself, reflects a shipping industry navigating one of its most complex operating environments in decades, where war, sanctions, tariffs, insurance premiums, shifting trade routes and regulatory pressure are redefining both risk and opportunity. The first events begin in early May, underlining how Posidonia has evolved into a multi-week platform for dialogue rather than a single exhibition moment. “Posidonia has […] - [Tototheo Global is certified as Great Place To Work® in Cyprus and Greece for the third consecutive year](https://nafsgreen.gr/tototheo-global-is-certified-as-great-place-to-work-in-cyprus-and-greece-for-the-third-consecutive-year/): Tototheo Global has been certified as a Great Place To Work® in Cyprus and Greece for the third consecutive year, a recognition that reflects the strength of its people and culture. As a leading provider of advanced satellite connectivity and technology solutions for the maritime, enterprise and government sectors, the company continues to strengthen its position as an employer of choice across two competitive and strategically important markets. The certification is based exclusively on anonymous employee feedback through the Trust Index™ survey. In 2025, Tototheo Global recorded a further increase in overall positive evaluations compared to 2024. The statement reflecting overall […] - [CMA Launches CMA TRAINING CENTER](https://nafsgreen.gr/cma-launches-cma-training-center/): CMA D. ARGOUDELIS & CO S.A. announces the launch of the CMA TRAINING CENTER, a dedicated training and applied engineering facility designed to support the continuous development of technical professionals across the marine, industrial, and energy sectors. The CMA TRAINING CENTER combines structured theoretical learning with hands-on experience on real systems, allowing participants not only to understand technologies in depth but also to interact with them in realistic operational scenarios. The current training categories include: MAN B&W – Sulzer – Electronic Engines Participants in CMA trainings benefit from: Training programs cover areas such as automation, instrumentation, diagnostics, system integration, and operational […] - [IBIA statement concerning the forthcoming MEPC 84](https://nafsgreen.gr/ibia-statement-concerning-the-forthcoming-mepc-84/): The joint statement* issued on Monday 20 April 2026 by shipping associations representing the global commercial fleet, “Shipping Industry United in Support of IMO as its Global Regulator and Successful Implementation of IMO GHG Reduction Pathway,” reiterates full support for the IMO as the global regulator for international shipping. It emphasises that decarbonization of the maritime sector is a multi-stakeholder endeavour which should and can only be achieved by all stakeholders of the global maritime ecosystem. IBIA – The International Bunker Industry Association, representing stakeholders across the global marine energy supply chain, aligns with this position. It remains committed to providing […] - [ABB Marine & Ports at Posidonia 2026](https://nafsgreen.gr/abb-marine-ports-at-posidonia-2026/): ABB, a global leader in automation technology, is once again participating in Posidonia 2026, taking place from 1 to 5 June at the Metropolitan Expo in Athens. Posidonia is one of the most important maritime exhibitions in the world and serves as a key meeting point for ABB with customers, partners and industry professionals. At booth 1.113, Hall 1, ABB will showcase integrated automation and digital management solutions for vessels and ports, supporting shipping companies in their efforts to improve energy efficiency, reduce emissions and accelerate their digital transformation. Among the solutions to be presented: Variable Frequency Drives (VFDs) for S.W. […] - [LALIZAS Charter Summit 2026 at LaLiBay Resort & Spa](https://nafsgreen.gr/lalizas-charter-summit-2026-at-lalibay-resort-spa/): Bringing together charter companies from across Greece, the LALIZAS Charter Summit 2026 took place from April 14–16 at LaLiBay Resort & Spa on the island of Aegina, offering three days of business meetings, knowledge exchange and meaningful networking. During the Summit, a series of presentations and discussions took place, focusing on developments within the sector, with particular emphasis on the needs of charter companies and emerging trends in marine tourism.  The sessions enabled an in-depth exchange on evolving market needs, allowing for open discussion around key challenges, while paving the way for targeted solutions and future opportunities. Iasonas Lalizas, Marketing & Communications […] - [Cyprus Shipping Chamber Supports Global Shipping’s Call](https://nafsgreen.gr/cyprus-shipping-chamber-supports-global-shippings-call/): The Cyprus Shipping Chamber (CSC) expresses its support for the recent joint statement issued by seven leading international shipping organisations, which underlines the vital importance of the forthcoming International Maritime Organisation (IMO) MEPC 84 meeting as a key opportunity for Member States to align positions, advance constructive dialogue and work towards common ground on practical solutions for the shipping industry’s decarbonisation pathway, while safeguarding the efficiency and resilience of global trade. The Chamber emphasises that a unified and collaborative approach under the IMO is essential to provide the clarity and stability required by the global shipping industry. Such a framework should […] - [Owners need to consider the scope of their war risk cover](https://nafsgreen.gr/owners-need-to-consider-the-scope-of-their-war-risk-cover/): Shipowners and brokers need to take greater consideration of the scope of their war risk cover, and not just the price, as the number of war risk claims following incidents outside of traditional high-risk areas has risen, a senior underwriter at the London P&I Club has warned. Ben McKeith, Senior Underwriter at the London P&I Club, has advised that not enough owners are considering their long-term war risk cover plans as part of their risk management strategy. He noted that owners are often more conscious of the scope of their cover during periods of geopolitical instability, most recently seen following the […] - [ABS Investing in Technology, Innovation and World-Class Services](https://nafsgreen.gr/abs-investing-in-technology-innovation-and-world-class-services/): “ABS is pioneering safety and innovation, shaping advanced solutions across the full value chain of the markets we serve that reinforce our mission and strengthen the world-class support we provide our clients.” That was one of the key messages from ABS Chairman and CEO John McDonald at the 164th ABS Annual Members Meeting, where industry leaders, stakeholders and maritime professionals came together to mark another milestone year for the world’s largest classification society. The meeting featured a comprehensive program of market reviews, industry outlooks and technology showcases, highlighting an organization that continues to set the pace in maritime safety, technology and global […] - [Cyprus recommends ICS International Medical Guide for Seafarers and Fishers](https://nafsgreen.gr/cyprus-recommends-ics-international-medical-guide-for-seafarers-and-fishers/): International Chamber of Shipping welcomes landmark endorsement from Cyprus Maritime Administration The International Chamber of Shipping (ICS) today announced that Cyprus officially recommended the ICS International Medical Guide for Seafarers and Fishers for use on board vessels under its flag. The Republic of Cyprus Deputy Shipping Ministry has issued a circular to its fleet recommending the comprehensive medical guide, joining an expanding list of leading flag states that recognise the guide’s value in protecting seafarer and fisher health and safety. In addition to recommending inclusion of the guide in the list of publications to be on board Cyprus flagged ships, the circular further […] - [Bureau Veritas releases new report on EU rules impact to shipowners](https://nafsgreen.gr/bureau-veritas-releases-new-report-on-eu-rules-impact-to-shipowners/): Bureau Veritas Marine & Offshore (BV), a global leader in Testing, Inspection and Certification (TIC), has released a policy report which details the impact that the integration of the RED III Directive will have on the maritime industry as Member States continue in their efforts to transpose its provisions into national legislation.   Following significant revisions to the RED in 2023, as part of the EU’s “Fit for 55” package, Member States are required to integrate RED III objectives into national law in order to achieve the binding renewable energy targets outlined in the directive. These targets require the entire transport sector, […] - [New report finds LNG remains cruise shipping’s most deployable decarbonisation option](https://nafsgreen.gr/new-report-finds-lng-remains-cruise-shippings-most-deployable-decarbonisation-option/): Lloyd’s Register (LR) has published the latest report in its award-winning Fuel for Thought research series, examining the role of liquefied natural gas (LNG) in the cruise sector.  Launched today (14 April) at Seatrade Cruise, Fuel for Thought: LNG for Cruise offers a detailed, evidence-based assessment of how LNG is already delivering improved air quality and emissions performance. The report highlights how further gains can be achieved through advances in engine technology, methane abatement, cleaner fuel supply and emerging pathways such as bioLNG and synthetic methane.  The report shows that LNG is now the most widely adopted alternative fuel in the cruise sector, both in the in-service fleet and the orderbook. This reflects the need for solutions that are available at scale, supported by global […] - [RINA and Hanwha signed agreement to promote the adoption of battery-hybrid propulsion systems](https://nafsgreen.gr/rina-and-hanwha-signed-agreement-to-promote-the-adoption-of-battery-hybrid-propulsion-systems/): RINA, a global ship classification, inspection, certification and consulting engineering group, has signed a Memorandum of Understanding (MOU) with Hanwha Group, through its key affiliates Hanwha Power Systems (now Hanwha Power), Hanwha Aerospace, and Hanwha Engine, with the aim of promoting the adoption of advanced battery hybrid propulsion systems in the maritime sector, particularly in the Ro-Ro ferry segment. The collaboration aims to accelerate the transition to low-emission vessels by leveraging innovative technologies that enable the shift from traditional internal combustion propulsion systems to advanced hybrid battery solutions, both for newbuilds and, through retrofitting, for vessels already in service. By combining […] - [Strait of Hormuz: “Fragmented responses are no longer sufficient,” says IMO Secretary-General](https://nafsgreen.gr/strait-of-hormuz-fragmented-responses-are-no-longer-sufficient-says-imo-secretary-general/): The Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez has urged States to support diplomatic efforts to secure the evacuation of around 20,000 seafarers still stranded in the Persian Gulf, and enable humanitarian corridors for urgent assistance.   During a virtual meeting for Foreign Ministers from more than 40 countries hosted by the United Kingdom’s Foreign, Commonwealth and Development Office (FCDO) to discuss the situation in the Strait of Hormuz, Secretary-General Dominguez called on all Parties to respect the rights and freedoms of navigation and stressed the paramount importance of the safety and wellbeing of seafarers.  He emphasized the need for […] - [Delaware River and Bay Authority takes electric route](https://nafsgreen.gr/delaware-river-and-bay-authority-takes-electric-route/): One of North America’s busiest ferry routes is joining the growing trend for U.S.-based operators to make the efficiencies of electrification central when they modernize their fleets, after an integrated hybrid-electric propulsion system from ABB was selected for the new ship ordered by Delaware River and Bay Authority (DRBA). Shipbuilder Senesco Marine contracted ABB to deliver full propulsion and automation systems for the 75-car passenger and vehicle ferry, which will replace the 45-year-old Cape Henlopen in connecting Lewes, Delaware and Cape May, New Jersey. Construction will start at the Rhode Island-based yard in mid-2026. ABB’s comprehensive scope of supply includes the […] - [Maritime AI developments to be showcased at Posidonia 2026](https://nafsgreen.gr/maritime-ai-developments-to-be-showcased-at-posidonia-2026/): All newly available maritime Artificial Intelligence (AI) services and products will be presented at Posidonia, as the industry is slowly incorporating its potential into everyday operations. The maritime industry, traditionally measured in its adoption of new technologies, is steadily advancing its engagement with AI, though not without caution, according to findings of a recent Posidonia survey. Ahead of Posidonia 2026, which will take place from 1-5 June at the Athens Metropolitan Expo, organisers observe growing dialogue among exhibitors and industry stakeholders around AI-driven solutions spanning predictive maintenance, fuel optimisation, digital compliance, and operational analytics. Yet, the overall sentiment across the sector […] - [ICS and ITF engage Gulf States on seafarer and shipping crisis in the Gulf](https://nafsgreen.gr/ics-and-itf-engage-gulf-states-on-seafarer-and-shipping-crisis-in-the-gulf/): The International Chamber of Shipping (ICS) and the International Transport Workers’ Federation (ITF) have met representatives from Gulf States to address the ongoing conflict and its direct impact on seafarers and shipping in the Gulf. The meeting comes four weeks into the deadly conflict in which seafarers have been killed, ships have come under attack, and an estimated 20,000 seafarers remain stranded in conditions of fear and uncertainty, on ships unable to transit the Strait of Hormuz. Discussions focused on urgent practical, joint initiatives aimed at supporting ships and crews currently impacted. These include: • Introducing, as required, a reporting mechanism, via […] - [Maritime Technologies Forum Announces New Guidelines to Strengthen Safety Management for Ships](https://nafsgreen.gr/maritime-technologies-forum-announces-new-guidelines-to-strengthen-safety-management-for-ships/): The Maritime Technologies Forum (MTF) today announced the publication of new guidelines to support companies in developing and implementing Safety Management Systems (SMS) for ships equipped with Wind Assisted Propulsion Systems (WAPS). The guidelines offer a structured approach to managing the operational, technical and organisational aspects unique to WAPS‑equipped vessels. Interest in wind‑assisted propulsion, as a viable solution for reducing fuel consumption and greenhouse gas (GHG) emissions, is growing. While wind has powered ships for millennia, modern WAPS, including rotor sails, suction sails, and wing sails, introduce new safety principles that must be integrated into a company’s SMS. The MTF guidelines […] - [INTERCARGO Convenes Maritime Industry to Advance Common Approach to Dry Bulk STS Transfers](https://nafsgreen.gr/intercargo-convenes-maritime-industry-to-advance-common-approach-to-dry-bulk-sts-transfers/): INTERCARGO brought shipowners, charterers, insurers and service providers together in Athens on 31 March to tackle a growing issue in dry bulk shipping: how ship-to-ship (STS) transfers are actually carried out. STS in dry bulk is no longer occasional. It is becoming part of day-to-day operations as larger vessels and limited port infrastructure force cargo to be moved offshore. Yet the sector has reached this point without a clear, shared way of performing STS safely and efficiently. In tanker shipping, STS follows established practices for over twenty years. Dry bulk has taken a different path, shaped by cargo type, local conditions […] - [Cruise Industry Contributes €3.1 Billion to Greek Economy](https://nafsgreen.gr/cruise-industry-contributes-e3-1-billion-to-greek-economy/): The economic impact of the cruise industry in Greece reached record levels in 2024, confirming its role as a strong pillar of the national economy. According to the Cruise Lines International Association (CLIA) latest Economic Impact Report for the year 2024, conducted by Oxford Economics, the industry generated €3.1 billion in total economic output and contributed €1.5 billion to Greece’s Gross Domestic Product (GDP). This marks significant year-on-year growth. “The economic contribution of cruising in Greece has almost tripled in only three years, reaching €3.1 billion in 2024 from €1.4 billion in 2022 and €2 billion in 2023”, said Maria Deligianni, Regional Director, […] - [IACS highlights the role of class in driving progress on maritime safety and innovation](https://nafsgreen.gr/iacs-highlights-the-role-of-class-in-driving-progress-on-maritime-safety-and-innovation/): IACS, the membership organisation for the world’s leading classification societies, has published its 2025 Annual Review, which showcases the central role played by IACS and its Members in supporting safety standards and driving technical innovation in the maritime industry. The report identifies many areas of progress, including IACS’s ongoing role in supporting industry  decarbonisation objectives and the IMO’s efforts to balance its environmental ambitions with safety. Through it’s Safe Decarbonisation Panel, IACS is supporting progress in respect of a number of alternative fuels, whilst remaining neutral on any preferred option. This includes the development of Resolutions on the safe use of alternative […] - [ABB’s modernization powers propulsion systems across CoolCo’s LNG fleet](https://nafsgreen.gr/abbs-modernization-powers-propulsion-systems-across-coolcos-lng-fleet/): ABB has upgraded the propulsion drives in nine LNG carriers owned by CoolCo. ABB’s modernization solution, which was carried out with minimal operational impact, enhanced the drives’ reliability, extending their lifetime by more than ten years. This helped optimize the use of installed infrastructure, turning circular practices into strategic advantages. CoolCo is an innovative provider of safe and reliable transportation solutions for LNG. Headquartered in Norway with global operations, CoolCo owns nine dual fuel diesel-electric ships powered by ABB’s propulsion systems, comprising generators, transformers, medium voltage (MV) switchboards, MV frequency converters and propulsion motors. Built in 2015, the vessels are equipped […] - [E-methane to take off as TES launches SEA-LNG membership](https://nafsgreen.gr/e-methane-to-take-off-as-tes-launches-sea-lng-membership/): Tree Energy Solutions (TES), a global green energy company developing large-scale e-methane projects, has joined the SEA-LNG coalition. SEA-LNG’s membership now includes around 40 organisations spanning the entire methane value chain, including biomethane and e-methane producers. TES has set the ambitious target of producing 1 million tonnes of e-methane by 2030. Today, it has several e-methane projects globally, some of them in partnership with SEA-LNG members, including TotalEnergies and Osaka Gas for their project in North America. Globally, TES works with strategic partners who are experts in their respective areas, such as OQAE and CPC Finland. TES projects harness renewable electricity to produce […] - [Accelleron’s A100-L/A200-L turbocharger series surpasses 10,000 orders](https://nafsgreen.gr/accellerons-a100-l-a200-l-turbocharger-series-surpasses-10000-orders/): Accelleron has received its ten-thousandth order for the A100-L/A200-L turbocharger series. First introduced in 2009 and expanded in 2013, the low-speed turbocharger series has recognized for its strong performance, reliability and contribution to energy efficiency in the shipping industry. Accelleron A100-L/A200-L turbochargers are designed for low-speed marine two-stroke engines, in applications ranging from 3,000 kW to 28,000 kW. That wide power range means they are widely used across several core vessel segments in the global merchant fleet, from bulk carriers and tankers to LNG carriers and ultra-large container vessels. The exceptionally wide compressor maps and advanced turbines that are a hallmark […] - [Space4Good and RINA Partner](https://nafsgreen.gr/space4good-and-rina-partner/): Space4Good, a Dutch geospatial analytics company, has entered a technical partnership with RINA, a global consulting engineering, inspection and certification group operating in more than 70 countries. The partnership brings together Space4Good’s satellite Earth observation and AI-based analytics with RINA’s engineering expertise. The two organisations will work on applications where satellite data can support independent verification of infrastructure performance, environmental assessment, and sustainability-related claims. The collaboration reflects growing demand for reliable monitoring methods that go beyond self-reporting and periodic inspections. In sectors such as infrastructure development, biofuels, carbon markets and nature-based solutions, decision-makers increasingly require evidence that land use, environmental conditions […] - [Crucial updates to the Guidelines on the Application of the ILO Maritime Labour Convention](https://nafsgreen.gr/crucial-updates-to-the-guidelines-on-the-application-of-the-ilo-maritime-labour-convention/): The International Chamber of Shipping (ICS) has released the fifth edition of its Guidelines on the Application of the ILO Maritime Labour Convention, urging the global shipping industry to take note of the latest amendments ahead of their entry into force and to ensure vessels are fully prepared to remain compliant, safe, and fit to trade internationally. This new edition provides the most up‑to‑date and practical guidance on the mandatory and recommended employment standards set by the ILO Maritime Labour Convention (MLC), bringing together all sets of amendments in one place for the first time. The publication explains in clear terms what […] - [Joint Development Project Signed by Laskaridis Shipping, bound4blue and Bureau Veritas](https://nafsgreen.gr/joint-development-project-signed-by-laskaridis-shipping-bound4blue-and-bureau-veritas/): Laskaridis Shipping has signed a Joint Development Project (JDP) agreement with bound4blue and Bureau Veritas to assess the integration of eSAILs® across its fleet  The agreement was signed on Wednesday, 18 March at the premises of Laskaridis Shipping in Athens, in the presence of representatives from the participating organisations. bound4blue’s suction sails – which work by drawing air across an aerodynamically optimised surface to generate exceptional lift – are suitable for both retrofit and newbuild projects. The technology is suited to a wide range of segments. bound4blue’s DNV type approved technology is now the preferred choice of a range of leading […] - ["Time is short"](https://nafsgreen.gr/time-is-short/): Member States of the International Maritime Organization are gathering in London, United Kingdom from 18 to 18 March, 2026 to discuss the impact on shipping and seafarers in the Arabian Sea, the Sea of Oman and the Gulf region, particularly in and around the Strait of Hormuz. IMO Secretary-General Mr. Arsenio Dominguez delivered the following opening remarks: At the outset, I must first express my grave concern and deep sadness regarding the recent attacks on merchant ships in the region of the Strait of Hormuz, as a result of which at least seven seafarers have reportedly lost their lives, and several […] - [Statement from the International Chamber of Shipping at the IMO Extraordinary Council Session](https://nafsgreen.gr/statement-from-the-international-chamber-of-shipping-at-the-imo-extraordinary-council-session/): The International Chamber of Shipping expresses its strongest condemnation of the attacks against commercial vessels operating in the Middle East and the Persian Gulf. These actions pose an unacceptable threat to the safety of international shipping, undermine the stability of global trade and, most significantly, place innocent seafarers at grave risk. These attacks have resulted in fatalities and caused serious injury to seafarers, and around 20,000 remain trapped in the affected area. The longer this crisis endures, the greater the strain that these crews will be placed under, as stores begin to deplete, and bunkers reduce. Industry is moving to provide […] - [New report warns shipping must master data to remain competitive](https://nafsgreen.gr/new-report-warns-shipping-must-master-data-to-remain-competitive/): Shipping companies must improve how they collect, structure and use operational data if they are to remain competitive in an increasingly regulated and digital operating environment, according to new research from Lloyd’s Register (LR) and OneOcean.  The report, Mastering maritime data for competitive advantage, launched today (18 March) at the Smart Maritime Network Conference in Athens, argues that while the maritime sector is generating more operational information than ever before, much of it remains fragmented, poorly structured or underused. This leads to inadequate data quality levels and a lack of data standardisation, which has a large impact on maritime digital transformation.   As regulatory pressure intensifies through frameworks such as the EU Emissions Trading System and FuelEU Maritime, reliable operational data is becoming central to both compliance […] - [Dr Nikolaos Liapis: Navigating Regulatory Turbulence Or Charting A Steady Course To The Future](https://nafsgreen.gr/dr-nikolaos-liapis-navigating-regulatory-turbulence-or-charting-a-steady-course-to-the-future/): The year 2026 is shaping up to be a defining moment for global shipping, positioned at the intersection of regulatory uncertainty and geopolitical instability. The decision at the IMO MEPC ES.2 session to adjourn the vote on the Net-Zero Framework (NZF) sent an unambiguous signal to the market: decarbonization is no longer optional, but the speed and structure of its regulation remain unresolved. While the postponement may appear procedural, its consequences are neither abstract nor distant. They are already influencing investment behavior, technology choices, and strategic planning across the maritime value chain. For investors, fleet managers, and technology providers, the delay […] - [Spiros Zolotas: In The Near-Term, Flexibility Is The Fuel Of The Future](https://nafsgreen.gr/spiros-zolotas-in-the-near-term-flexibility-is-the-fuel-of-the-future/): The drive to decarbonise shipping is often presented as a race towards a single fuel solution, yet the reality is far more nuanced. 2026 will not see the industry charging towards green ammonia, green methanol or hydrogen. Instead, the coming year will reflect a more grounded progression shaped by technical limits, economic considerations and the need for clearer regulatory direction. For shipowners facing global pressures and commercial uncertainty, realism is not a retreat from ambition but a necessary condition for meaningful change. A central difficulty lies in the limits of the wider energy system. Electricity grids in many regions are already […] - [Anthi Miliou: Navigating Shipping's Next Decade-Frontier Uncertainty To Opportunity](https://nafsgreen.gr/anthi-miliou-navigating-shippings-next-decade-frontier-uncertainty-to-opportunity/): As 2026 has embarked, clearly the maritime industry faces a convergence of challenges and opportunities that will define its trajectory for decades to come.  The challenges are undeniable — geopolitical friction, regional instability, and an increasingly fragmented regulatory landscape — however, I believe strongly that so are the opportunities. For all the uncertainty that surrounds us, this is a moment for us all to lead, to plan boldly, and to shape the industry we want for the next decade around a pragmatic and realistic energy transition. The postponement of the Net Zero Framework (NZF) is more than a delay; it’s a […] - [DNV verifies updated numbers for avoided CO₂ emissions for Jotun-coated vessels](https://nafsgreen.gr/dnv-verifies-updated-numbers-for-avoided-co%e2%82%82-emissions-for-jotun-coated-vessels/): Jotun reports an estimated 11.8 million tonnes of avoided CO₂ emissions for vessels coated with its products in 2025 – an increase from 11.1 million tonnes from the year before. The result is verified based on an independent technical evaluation conducted by DNV. The verified avoided emissions is based on the average speed loss of the vessels included in the evaluation, compared to an industry benchmark referenced in ISO 19030. The evaluation uses the DNV MASTERv2 emission prediction model combined with AIS data and Jotun-provided data on average speed loss over a five-year drydocking cycle. “This evaluation reflects a year on […] - [Lloyd’s Register grants approval for GIT Coatings’ next generation graphene-based hull coating](https://nafsgreen.gr/lloyds-register-grants-approval-for-git-coatings-next-generation-graphene-based-hull-coating/): The approval supports the development of technologies designed to improve vessel efficiency and support more sustainable hull management practices. Lloyd’s Register (LR) has granted type approval and technical assurance to GIT Coatings for its next-generation graphene-based foul-release hull coating, XGIT-FORCE™. The approval confirms that LR has independently assessed the concept and design of the coating against relevant technical requirements and it is compliant with the International Maritime Organization’s International Convention on the Control of Harmful Anti-Fouling Systems on Ships. Hull condition remains one of the most significant operational factors affecting vessel performance, with even light biofouling capable of increasing fuel consumption and emissions. As […] - [Vafias group takes delivery of its 36th and 37th newbuild gas carrier from Japan](https://nafsgreen.gr/vafias-group-takes-delivery-of-its-36th-and-37th-newbuild-gas-carrier-from-japan/): The Group is proud to announce the successful delivery and commencement of operations for its 36th and 37th gas carrier newbuildings, the ECO TEXIANA and ECO NEBULA. These sister vessels represent a significant milestone in the Group’s ongoing fleet expansion and modernization strategy, further strengthening its position in the specialized petrochemical transport sector. Vessel Specifications and Investment Built at the renowned Sasaki Shipyard in Japan, both vessels are state-of-the-art 11,000 cbm Fully Pressurized VCM (Vinyl Chloride Monomer) carriers. The two-ship order represents a total investment of approximately $80 million USD en bloc. To ensure the highest standards of safety and regulatory compliance, both units feature the following specifications: […] - [Redrawing the Energy Map: The Hormuz Crisis and the Great Tanker Pivot](https://nafsgreen.gr/redrawing-the-energy-map-the-hormuz-crisis-and-the-great-tanker-pivot/): According to the latest opening market commentary by Xclusiv Shipbrokers the Arabian Gulf conflict has transcended geopolitical tension to become a structural sledgehammer for global energy logistics. What began as a military escalation between the U.S., Israel, and Iran has rapidly paralyzed the Strait of Hormuz—the world’s most critical maritime artery—forcing a real-time reconfiguration of how the world moves oil. With a fifth of global supply at risk, the industry is no longer waiting for a formal closure; it is already operating under the assumption that the old routes are broken. The conflict in the Arabian Gulf has rapidly evolved from […] - [FLOWRA and Lloyd’s Register to collaborate on floating offshore wind development](https://nafsgreen.gr/flowra-and-lloyds-register-to-collaborate-on-floating-offshore-wind-development/): FLOWRA and LR will explore the possibilities of collaboration in floating offshore wind development. The Floating Offshore Wind Power Technology Research Association (FLOWRA) of Japan and Lloyd’s Register (LR) have signed a Memorandum of Understanding to explore technology development cooperation in the field of floating offshore wind. FLOWRA is a technical research association that works with overseas organisations to research and develop common basic technologies for floating offshore wind to reduce costs and risks. Masakatsu Terazaki, Chairperson of FLOWRA Board of Directors, said: “We are delighted and proud to have concluded a cooperation agreement with Lloyd’s Register, the authoritative classification society in the United Kingdom, having […] - [Euploia Drydocks and Services Ltd Announces Strategic Partnership with MACRON Co., Ltd](https://nafsgreen.gr/euploia-drydocks-and-services-ltd-announces-strategic-partnership-with-macron-co-ltd/): Euploia Drydocks and Services Ltd is pleased to announce a new strategic partnership with MACRON Co., Ltd, a leading South Korean company specializing in advanced in Marine and Shipbuilding Electrical Measurement Equipment and advanced Maritime Technologies. MACRON plays a key role in supporting the global transition toward sustainable and carbon-neutral maritime operations. This collaboration brings together the expertise of both companies to deliver innovative and comprehensive solutions in ship repair, maintenance, and industrial maritime services, while also supporting the development of technologies aligned with the global roadmap for a sustainable and carbon-neutral marine sector. By leveraging MACRON’s cutting-edge measurement systems, energy-efficient technologies, and electronic solutions for LNG/LPG vessels and offshore applications, Euploia […] - [Joint Statement on situation in the Straits of Hormuz](https://nafsgreen.gr/joint-statement-on-situation-in-the-straits-of-hormuz/): “Our foremost concern is for the wellbeing of the seafarers and civilians affected. We were deeply concerned to learn about the attacks on seafarers and the tragic loss of life. Our thoughts are with the families of those affected.  “All parties must take all necessary steps to safeguard the safety of seafarers who are simply going about their job and have found themselves, through no fault of their own, in a highly volatile situation.  “This is a fast moving and unpredictable situation. It is crucial the entire industry only relies on verified information from trusted sources. “We strongly urge all ships […] - [Maria Kyratsoudi: Owners Opt For Adaptation To Offset Disruption From Emissions Reduction](https://nafsgreen.gr/maria-kyratsoudi-owners-opt-for-adaptation-to-offset-disruption-from-emissions-reduction/): The next five years will be critical in determining how close international shipping can come to meeting the 2030 emissions targets and in preparing for the steeper GHG reductions required thereafter. Historically, emissions declined between 2008 and 2013 (Figure 1), primarily due to reduced ship speeds following the 2008 global financial crisis (Figure 2), but rose again as trade volumes recovered, only partially offset by further moderate speed reductions. To date, improvements in carbon intensity have largely been driven by operational measures, such as slow steaming, and market-driven trends leading to an increase in average vessel size (Figure 3), which improves […] - [World Shipping Council statement on the situation in the Middle East](https://nafsgreen.gr/world-shipping-council-statement-on-the-situation-in-the-middle-east/): “The recent escalation of conflict in the Middle East is causing disruption to global liner shipping, with many ocean carriers pausing or rerouting services as they assess the evolving security situation,” World Shipping Council President & CEO Joe Kramek said. “The safety of seafarers is paramount. Seafarers must not be targeted or placed at risk as a result of conflict, and the fundamental principle of freedom of navigation must be respected. Ocean carriers are making operational decisions based on the best available information and their individual risk assessments. Our thoughts are with the seafarers currently in and around the affected region.” “The Middle East sits […] - [Statement by the IMO Secretary-General on the Strait of Hormuz](https://nafsgreen.gr/statement-by-the-imo-secretary-general-on-the-strait-of-hormuz/): The Secretary-General of the International Maritime Organization Mr. Arsenio Dominguez has issued a statement on the situation in the Strait of Hormuz: “I am deeply concerned by reports that several seafarers have been injured in attacks on merchant vessels. No attack on innocent seafarers or civilian shipping is ever justified. These crews are simply doing their jobs and must be protected from the effects of wider geopolitical tensions. Freedom of navigation is a fundamental principle of international maritime law, and it must be respected by all Parties, with no exception. I am monitoring the situation closely, and I urge all shipping companies […] - [Jason Stefanatos: Navigating Strategic Uncertainty After The Imo Net-Zero Framework Adjournment](https://nafsgreen.gr/jason-stefanatos-navigating-strategic-uncertainty-after-the-imo-net-zero-framework-adjournment/): Regulatory frameworks remain the initial force shaping shipping’s decarbonization journey. Existing key regulations such as FuelEU Maritime, the EU Emissions Trading System (ETS), and the IMO’s Carbon Intensity Indicator (CII) set the requirements to the operators. The revised IMO GHG Strategy 2023 sets the ultimate destination of net zero ‘by or around’ 2050, with checkpoints in 2030 and 2040. Yet, the recent adjournment of the IMO’s NZF vote has unsettled expectations, raising questions about timelines, compliance costs, and whether regional regulations will proliferate in the absence of global alignment. Further to these regulatory incentives, commercial requirements, stemming from the ESG focus […] - [Commencement of Trading of the New Common Bond Loan of Capital Clean Energy Carriers](https://nafsgreen.gr/commencement-of-trading-of-the-new-common-bond-loan-of-capital-clean-energy-carriers/): The Athens Stock Exchange welcomed today the Management, executives and associates of Capital Clean Energy Carriers on the commencement of trading of its new common bond loan on the Athens Stock Exchange. Mr. Nikos Kalapotharakos, Chief Financial Officer of the company, rang the opening bell of the trading session. “The Public Offering – conducted through the Electronic Book Building (EBB) system of the Exchange – was completed with particularly strong demand, which exceeded €438 million. At this point, it is worth underscoring Capital Clean Energy Carriers’ proven confidence in the financing opportunities offered by the corporate bond market of the Athens […] - [Dr John Kokarakis*: How The IMO’s NZF Delay Reshapes Global Shipping](https://nafsgreen.gr/dr-john-kokarakis-how-the-imos-nzf-delay-reshapes-global-shipping/): The recent decision at the IMO to postpone, for an entire year, the adoption of the Net-Zero Framework (NZF) represents a significant set- back—both for the Organization and for the global shipping industry. The postponement exacerbates regulatory uncertainty, disrupts established decarbonization timelines, and undermines confidence in the IMO’s ability to provide coherent global governance.  A thorough examination of how we arrived at this point, and what corrective steps might allow the IMO to regain its footing, is urgently needed. This is a multifaceted topic with regulatory, geopolitical and, technological implications to be analyzed. REGULATORY FUTURE: IMPACT OF NZF POSTPONEMENT The IMO […] ## Pages - [Please subscribe to our free weekly newsletter](https://nafsgreen.gr/please-subscribe-to-our-free-weekly-newsletter/) - [Blog 3](https://nafsgreen.gr/blog-3/) - [Blog](https://nafsgreen.gr/blog/) - [Blog](https://nafsgreen.gr/blog-2/) - [Home](https://nafsgreen.gr/home/): Flash Story Tax deadline is 1 week away: Why you shouldn’t be a last-minute filer Is your city’s population keeping pace? The fastest-growing city in each state Dodgers will host 2025 MLB All-Star Game, their first since 1980 76ers set franchise record with 15th consecutive win, 121-113 over Hawks Arizona teachers, schools prepare for a walkout over salaries, education money Editor’s Picks Research Tax deadline is 1 week away: Why you shouldn’t be a last-minute filer AF themes May 14, 2024 0 Research Trending Is your city’s population keeping pace? The fastest-growing city in each state AF themes May 14, 2024 […] ## Optional - [Agent (MCP protocol)](websites-agents.hostinger.com/nafsgreen.gr/mcp) [comment]: # (Generated by Hostinger Tools Plugin)