Partnership Announcement

Seatrium has landed a significant partnership with the Angelicoussis Group, the largest Greek shipping company. The two-year Favoured Customer Contract (FCC), announced on the 5th of July 2024, includes a one-year extension option. This contract entails the annual refit of 10 to 15 vessels, comprising LNG carriers, tankers, and bulk carriers, marking an important achievement for Seatrium in the maritime industry.

Quality Retrofitting and Collaboration

This partnership enables close cooperation in joint planning, information exchange, and experience sharing between Seatrium and the Angelicoussis Group. These collaborative efforts ensure a seamless and efficient retrofitting process. The companies are committed to achieving high standards in quality, health, safety, and environmental sustainability (QHSE), which are critical performance indicators for vessel maintenance.

Sustainable Maritime Solutions

As focus on maritime decarbonisation grows globally, Seatrium is well-positioned to provide low-carbon, cleaner energy solutions and energy-saving retrofits. This contract not only reiterates Seatrium's leadership in the global ship maintenance market but also highlights its dedication to sustainable maritime solutions.

Commitment to Excellence

Andreas Spertos, Executive Vice President and Technical Director of Maran Gas, praised Seatrium's track record, citing over 70 successful retrofits, including 20 LNG carriers and numerous scrubber installations since 2012. This history of dedication and collaborative problem-solving played a crucial role in Angelicoussis Group's decision to partner with Seatrium. Both companies look forward to a rewarding partnership that enhances operational efficiency and maintains the highest standards of quality, safety, and environmental sustainability.

Future Prospects and Impact

Alvin Gan, Executive Vice President of Repairs and Upgrades at Seatrium, expressed confidence that this partnership would serve as a blueprint for a successful long-term fleetwide retrofitting programme. By delivering high-quality vessel maintenance, Seatrium will strengthen its position in the maritime industry while contributing to global maritime decarbonisation efforts.

Significant Milestone

Seatrium has developed a reputation as a leader in ship maintenance with a commitment to sustainability and efficiency in shipping. The Angelicoussis Group contract is a reflection of achievements Seatrium has built up and Angelicoussis should see similar innovative solutions to its fleet retrofitting.