Fafalios Shipping S.A. - Experts & Thought Leaders

INTERCARGO, the International Association of Dry Cargo Shipowners, has announced significant changes to its leadership following its Annual General Meeting. The new appointments will take effect from 1 January 2025. In recognition of their distinguished service, Mr. Dimitrios Fafalios has been appointed Honourary Chairman following six years as Chairman. Mr Fafalios, President of Fafalios Shipping S.A., has led INTERCARGO through significant developments in the shipping sector since 2019, having previously chaired its Technical Committee for a decade. INTERCARGO's new Chairman Mr. Spyros Tarasis will also be stepping down at the end of 2024 following his six-year term as Vice-Chairman. His substantial contributions to the Association's work throughout his tenure were highly praised. Mr. John A. Xylas, President and CEO of Ariston Navigation Corp., has been elected as INTERCARGO's new Chairman. With over 38 years of experience in the shipping sector, Mr. Xylas brings extensive expertise in dry bulk shipping operations and a strong track record of leadership, including his current role on the board of the Union of Greek Shipowners. INTERCARGO's Vice-Chair Mrs. Metaxia Psalti, CEO of Neda Maritime Agency was elected as INTERCARGO's Vice-Chair In a historic development, Mrs. Metaxia Psalti, Chief Operating Officer of Neda Maritime Agency Co. Ltd., was elected as INTERCARGO's Vice-Chair, marking the first time a woman has held this prestigious position.  Mrs. Psalti, who holds a Master's degree in Maritime Law from City University, London, brings over three decades of maritime experience and expertise, specialising in the commercial operations of a diversified fleet. Among her many contributions, she has been pioneering the Association's Quality Panel as its Chair. Safety and operational excellence Capt. Uttam Kumar Jaiswal of Pacific Basin Shipping (HK) Ltd has been re-elected as Vice-Chairman, continuing his valued contribution to the Association. Capt. Jaiswal's particular focus on safety and operational excellence has been recognised through multiple awards in the shipping sector. The Technical Committee will be led by Mr. Dimitris Monioudis Managing Director of Rethymnis & Kulukundis Ltd as Chairman, supported by Mr. Cesare d'Api Technical Director of D'Amico Societa Di Navigazione S.p.A as Vice-Chairman. INTERCARGO's role Mr. Keenan has been appointed an honorary member of the Technical Committee Both bring extensive technical expertise and shipping experience to their roles. This follows the current Technical Committee Chairman, Tom Keenan, also stepping down at the end of 2024, having served the maximum term of six years. Mr. Keenan has been appointed an honorary member of the Technical Committee, effective 1 January 2025. Mr. John Xylas, incoming Chairman of INTERCARGO, commented: "It is a privilege to take on this role, and I want to express my gratitude to Dimitrios Fafalios for his outstanding leadership over the past six years. As our sector navigates significant changes, from decarbonisation to digitalisation, INTERCARGO's role in representing quality dry bulk shipowners has never been more important." Levels of international shipping Xylas added: "Together with our new leadership team, we will continue to promote safe, efficient, and environmentally sound bulk carrier operations while ensuring our members' voices are heard at the highest levels of international shipping." INTERCARGO represents the interests of quality dry bulk shipowners, with approximately one-third of the global ocean-going bulk carrier fleet registered with the organisation. The Association plays a key role in representing its members at international fora, including the International Maritime Organisation (IMO).

ABS unveiled plans to create a pioneering new ship safety centre 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 Centre is designed to prepare seafarers to handle a multi-dimensional industry with alternative fuels and emerging technologies, recognising that decarbonisation advances that do not prioritise safety are not sustainable. Range of new skills and competencies “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 by a seafarer today: dynamic versus static fuels, advanced electrification systems, innovative power trains, active energy efficiency devices, soon you can add carbon capture systems, the toxicity challenge of ammonia and further down the track maybe nuclear propulsion. Clearly, the coming generation of seafarers will need to acquire a range of new skills and competencies, and the industry needs to invest in training and development to ensure that these skills are effectively transferred.” Critical emerging safety issues The centre, which has the support of the Hellenic Ministry of Maritime Affairs and the Union of Greek Shipowners, will address critical emerging safety issues such as handling dynamic fuels, risks generated by cyber-enabled systems, hybrid battery propulsion and other technological and decarbonisation-driven changes onboard. The centre was announced with an opening address from Christos Stylianidis, Minister of Maritime Affairs and Insular Policy of Greece. It was followed by a panel discussion on the future of safety, learning and training featuring Christopher J. Wiernicki, Ted Petrone, Vice Chairman, Navios Maritime Partners L.P. and Dimitrios Fafalios, president of Fafalios Shipping S.A., Chairman of Intercargo, and Secretary to Board- Union of Greek Shipowners. It was moderated by Nigel Lowry of Lloyd’s List.