Greek large-owner signs ‘landmark’ ship retrofit deal with Seatrium

The large shipowner Angelicoussis owned by Greek interests, with an operating fleet of 141 vessels, has sealed a “favoured customer contract” with Seatrium for the refit of 10 to 15 vessels per year comprising LNG carriers, tankers and bulk carriers.

The two-year contract signed last week includes an option to renew for a further 12 months.

The contract builds on a longstanding relationship between the shipowner and the yard covering 70 retrofits, including 20 LNG carriers, and a series of scrubber installations on tankers in Angelicoussis’ fleet since 2012.

The partnership will involve close co-operation in joint planning, information exchange and experience sharing between the yard group and the shipowner, who is considered as one of the largest groups in Greece and one of the world’s largest privately-owned fleets, operating under Maran Gas, Maran Tankers and Maran Dry.

“Seatrium was selected to be our partner as they have demonstrated a strong track record,” says executive vice president and technical director of Maran Gas, Andreas Spertos.

Andreas Spertos, Executive Vice President and Technical Director of Maran Gas, said: “We are confident that this partnership will be the blueprint for a successful long-term fleet retrofitting programme, thereby enhancing our operational efficiency and instilling the highest standards of quality, safety, and environmental sustainability in the maintenance of our fleet of LNG carriers, bulk carriers and tankers.”

Alvin Gan, Executive Vice President, Repairs and Upgrades, Seatrium, noted: “This Favoured Customer Contract not only affirms our leadership in the global ship repair market, but also our commitment to embarking on a shared journey of growth, trust and mutual success with our new partner, Angelicoussis Group.

“With the global focus on maritime decarbonisation, Seatrium is well-positioned to provide our esteemed customers with a broad range of low-carbon, cleaner energy solutions and energy-saving retrofits to support a sustainable future.”

The strategic partnership agreement was formalised in Greece by Andreas Spertos, executive vice president and technical director of Maran Gas on behalf of Angelicoussis Group and Alvin Gan, executive vice president, repairs and upgrades, Seatrium.

Greek large-owner signs ‘landmark’ ship retrofit deal with Seatrium

Photo credit: Seatrium, Image from left to right: Mr Kevin Lim (Seatrium), Mr Vassilis Vassiliou, Greek representative from Interyards, Mr Philip Tan (Seatrium), Mr Andreas Spertos, Executive Vice President and Technical Director of Maran Gas, Mr Sveinung Stohle, Deputy CEO Angelicoussis Group, Ms Maria Angelicoussis, Chief Executive Officer of Angelicoussis Group, Mr Alvin Gan, Executive Vice President (Seatrium), Mr. Fotis Avdellis, Technical Director (Maran Tankers), Mr Thomas Ong and Mr Kelvin Goh (Seatrium).