1. Sustainability of Thenamaris Investment Strategy Success and Difficulties
Prof. Phoebe Koundouri
Vasileios Lampropoulos – Chief Operating Officer
Thenamaris (Ships Management)
PHOEBE

2. Thenamaris Ships Management at a glance:
Sustainability of Thenamaris Investment Strategy Success and Difficulties
Thenamaris Ships Management at a glance:
46 Years experience in ship management
82 Vessels under management (Tankers, Bulk Carriers and Containers)
2,800+ Seafarers and 300+ Shore-based employees
51M tons of oil shipped in 2016
18M$ Invested from 2009 in fleet upgrades 31M$ Save
Integrated management with specialized individuals
Constantly benchmarking against Industry

3. Sustainability of Thenamaris Investment Strategy Success and Difficulties
Vessel Design Optimization
Design 14knots 78.2Mt vs 63.2Mt every 24h

4. Sustainability of Thenamaris Investment Strategy Success and Difficulties
Thenamaris 2014 Bunker Consumptions (tons/kNm) vs. Shipping Industry Benchmark
VLCC*
Overall MR
Aframax
Suezmax
Ballast Average
Laden Average
Source: BCG Shipping Benchmarking Database 2015 Comparing consumptions of 32 of Thenamaris managed tankers to 227competitor vessels
* VLCC’s based on BCG Shipping Benchmarking Database 2014
Comparing 2 of Thenamaris managed tankers to 12 competitor vessels

5. Sustainability of Thenamaris Investment Strategy Success and Difficulties
Regulations Timeline

6. Sustainability of Thenamaris Investment Strategy Success and Difficulties
Non holistic assessment of the impact of regulations (to environment and people)
Adoption of regulations is based on immature or non existent technologies
Lack of experience collection providing feedback to the regulatory bodies
Different approach from regulatory bodies (Milestones – Requirements – Standards)
Shifting compliance standards and requirements
Extensive and specialized training needed with high impact on failures
Lack of commitment for creating the conditions for adoption and compliance
Lack of information for selecting very intensive in capital and impact installations
Short implementation timeframe and lack of phase out approach

7. Sustainability of Thenamaris Investment Strategy Success and Difficulties
Thank You!