BY Paillette Palaiologou
Vice President, Regional Chief Executive,
Hellenic & Black Sea Region
Welcome to Posidonia! First organized in 1969 (coincidentally, the year I was born), this biennial celebration of global shipping brings together the international shipping industry and Greek shipowners, who operate more than 4,000 vessels—the largest fleet under the control of any single national group. Here, international shipowners can learn of the latest industry developments, and gain direct access to the entire range of shipping products and services available on the international shipping market.
Bureau Veritas is proud to be a key provider and innovator, supporting Hellenic shipping.
Shipowners, shipyards, and offshore operators come to Bureau Veritas because they want peace of mind that their projects will work and be safe. They don’t want to cut corners. They want to leverage the best technology and the most rigorous scrutiny. And they want their projects to move quickly.
Visit us at stand #2201 to discuss how we can help you transform your confidence into a real market opportunity.
Building on Tradition
Managing Director, Charterwell Maritime SA and Chartworld Shipping Corp.
“The sea was always my destiny,” says Charterwell Maritime S.A. and Chartworld Shipping Corporation’s Managing Director Antonis Faraklas. Born on the Greek island of Chios, Antonis comes from a long line of seafarers in a nation with a rich nautical history. “Going back generations, my family has always lived off the sea, and I grew up traveling the sea with my father and mother as a child”.
It’s no surprise, therefore, that Antonis entered the shipping business as a young engineer after completing his master’s degree in the UK, and a service stint in the Greek navy. In 1980, he became the Managing Director of Charterwell Maritime S.A., which was a smaller but dynamic player in the industry at the time. Today, the company has grown to become a global leader in the maritime field. Charterwell and Chartworld controls a diversified fleet of over 65 vessels in the dry bulk, tanker, reefer and container segments.
Most newbuildings are constructed in Asia now, and over the past two decades, Chartworld has contracted with Korean, Japanese and Chinese shipbuilders to grow its fleet. In 2017, Chartworld entered into a deal with Penglai Zhongbai Jinglu, Jiangsu New Yangzi in China for seven Kamsarmax bulk carriers and Hyundai in Korea, four MRS. While the market has been depressed in recent years “it was the right time, the newbuilding prices were competitive, and probably 10-15% less than what we might pay today, so we took a chance, and we’re progressing well with these newbuildings,” he says.
Chartworld chose Bureau Veritas as its classification society for the majority of the new Kamsarmaxes. “When we look for a classification society, the most important thing is that they are consultant of our company,” Antonis says. “I expect it to have the needed resources and provide the technical back-up and quick response to the issues that arise. With Bureau Veritas, I get the support we need.”
Bureau Veritas has been the classification society of choice for Chartworld since 2002 when Chartworld built in Japan and was the first BV Panamax new building in Japan at the time. Over the years, Antonis has built a strong personal relationship with the people in Far East or Paris and obviously Greece.
Antonis emphasizes Bureau Veritas’s location as key to the partnership. “In Piraeus, you’re dealing with owners, not just management companies, as you would if you were based somewhere like Singapore or Cyprus. And Greek shipping company owners are very knowledgeable and dedicated to what they ask. Knowing that I have a supportive network standing by my side is really important. If I need a surveyor in a port, for example, I know I’ll have one there in six or 12 hours to provide a solution.”
CAP: a high-quality standard for tankers and gas carriers
The Condition Assessment Program (CAP) is an out of class and statutory survey offered by Bureau Veritas since early 2000. The vessel status assessment is graded according to a rating, which is based on inspection criteria detailed in the Bureau Veritas NI 465 guidance note. This survey is mainly performed on tankers and gas carriers that are more than 15 years old, on behalf of the owners and intended to oil majors and charterers. Bureau Veritas reports are produced using a dedicated tool that assists surveyors in assessing large amounts of data and photopraphs. Gains in reporting efficiency allow cost savings to be passed onto our clients.
While 2017 was a challenging year for CAP surveyors and managers, we achieved a 25% increase in completed CAP jobs, a figure that builds upon the 17% increase from the previous year.
Bureau Veritas to present floating LNG concepts report at World Gas Conference
Over the last three years, Bureau Veritas—an International Gas Union member—has participated in two IGU working groups relating to the LNG committee for the triennium (2015-2018). Each group has brought together LNG industry experts from different companies located around the world.
Study group #1 has developed a report on floating LNG concepts (liquefaction and regasification) that Bureau Veritas will present at the World Gas Conference in June. Bureau Veritas has also actively contributed to the LNG World Reports 2016, 2017, and 2018. The report on floating LNG concepts and the World LNG Report 2018 will be published during the World Gas Conference in Washington DC.
Pacific Breeze: first-ever LNG carrier equipped with tri-fuel, diesel-electric propulsion
Pacific Breeze is the largest MOSS type LNG carrier ever constructed, with a capacity of 182,000 m3 in four stretch type tanks. The carrier was recently delivered by Kawasaki Heavy Industry to K-Line. It is also the first ever carrier of this type contracted to be equipped with tri-fuel diesel electric propulsion. Extensive fatigue analyses for 40 years’ design life have been carried out. The vessel also offers the highest level of comfort in terms of noise and vibration levels.
UPDATED AUTHORIZATION IN GREECE
The Greek Coast Guard and Bureau Veritas (Hellas) AE have co-signed an updated authorization agreement that enables Bureau Veritas Marine & Offshore SAS to continue providing enhanced survey and statutory certification services based on international conventions and applicable national legislation to Greek ships and their managing companies. Effective as of April 11, 2018, the agreement provides for a formal four-year validity period.
L to R: K. Pardalis, A. Anastasakos, G. Andreadis, A. Tounis, V. Dimitropoulos, S. Raptis, P. Palaiologou, I. Zikas & K. Pantazopoulos.