LATEST NEWS

On December 5, 2013 Iason Hellenic Shipping Co. Ltd (IHS) together with MV Caravos Glory, MV Caravos Harmony and MV Caravos Liberty became eligible and received approval for entry into the Qualship 21 Program of the U.S. Coast Guard.

The Qualship 21 Program is an initiative of the U.S. Coast Guard launched in 2001 with a goal to identify high-quality ships that are operated responsibly and provide incentives to encourage quality operations by rewarding these ships and their managers for their commitment to safety and quality. 
To date, less than 350 dry bulk vessels have entered the Qualship 21 program out of a world fleet of circa 10,000 dry bulk vessels, of which more than 3,500 fly the flags of qualified Flag Administrations that have submitted to the U.S Coast Guard copies of their IMO Voluntary Member State Audit Scheme Executive Summary and/or Self Assessment Form.

On November 25, 2013 Iason Hellenic Shipping Co Ltd (IHS) has become the first Greek ship management company exclusively engaged in dry bulk shipping to certify its Energy Management System to ISO 50001:2011 and its Environmental Management System to ISO 14001:2004 following thorough demonstration of  compliance with the said standards.

As a result of rising energy prices, improving energy efficiency has climbed to the top of the strategic agenda for many leading players across several industries including shipping, over the last few years. The ISO 50001 standard, introduced in 2011, represents an important step change in generating principles with the goal of achieving continuous improvement in energy efficiency, energy use and consumption by setting specific targets for such improvements.

Iason Hellenic Shipping Co. Ltd (IHS) announces its expansion into the Ultramax segment with the acquisition of a Crown 63 Super-eco type bulk carrier, M/V "Caravos Liberty".

In late 2012, we entered into a prompt resale agreement to acquire a 63,301 dwt Ultramax bulk carrier under construction at Dayang Shipbuilding of Sinopacific Shipbuilding Group in China. The vessel has been built under the close supervision of STCO-Paris, a division of Setaf-Saget of France.

IHS has successfully completed a debt capital raising for this acquisition through a syndicated loan facility, working closely with a major European ship finance originator and lender. On 7 February 2013, M/V Caravos Liberty was delivered to its new owners at a ceremony held at Dayang shipyard, attended by the Newbuildings team of IHS and led by Mr. Themistocles Al. Petrakis, Commercial Director of IHS.

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