The GREEN4SEA Excellence Award was awarded to Capital Ship Management Corp. (‘Capital’) for demonstrating environmental excellence and performance above average.

Evangelos Marinakis controlled, ‘Capital’ stood out  for its strategy with a focus on environmental performance. During 2015, safety and environmental performance reached the highest level, as all Key Performance Indicators stood well above the industry standard. The company has also launched a joint project with LR and DSME to examine LNG as a fuel and its use on an ultra-large containership design.

Evangelos Marinakis’ controlled company was also the first company worldwide in 2014 to receive independent verification and certification by Lloyds Register for its business strategy in accordance with the “IMO Strategic Concept of a Sustainable Shipping Industry”.

The Award was presented at a prestigious awards ceremony during the annual GREEN4SEA Forum which successfully concluded on Wednesday 6th of April 2016 in Eugenides Foundation Athens.

Accepting the award on behalf of ‘Capital’, Niki Kalogiratou, Chief Communications Officer stated “It is a great honor for us to receive this award and we would like to thank all those voted in our favor. This award reflects the ongoing efforts of our people onboard vessels, as well as the Company’s long term commitment to safety and environmental excellence standards.”

Evangelos Marinakis currently operates a fleet of 67 vessels including 49 tankers (6 VLCCs, 5 Suezmaxes, 8 Aframax, 29 MR/Handy product tankers and 1 small tanker), 3 modern bulk carriers (1 Capesize) and 15 container carriers. The fleet under management includes the vessels of Nasdaq-listed Capital Product Partners L.P. Capital has extensive experience in managing various vessel types and sizes including tanker vessels (VLCC, Suezmax, Aframax/LR2, Panamax/LR1, MR/Handy and small tankers), dry bulk vessels (Cape, Panamax, Handymax and Handy), as well as OBOs and container vessels ranging from 1,700 to 9,500 TEU