Iason Hellenic Shipping (IHS) boasts over 30 years of bulk shipping, ship management and fleet performance services. Managing Director Themistocles Petrakis discussed the company’s ongoing development and the state of the dry bulk shipping sector at large.

Currently managing four vessels (three Kamsarmax and one Ultramax) Iason Hellenic Shipping (IHS) is a leading international transporter of dry bulk commodities and ship manager with a history dating back to 1983. Currently comprised of 109 personnel – 25 shore based and 84 seafarers, IHS is headed by Managing Director Themistocles Petrakis.

“Whilst we currently manage four vessels, we have a platform in place that is ready to manage at any given time twice that,” said Mr Petrakis. “We believe that an effective management team needs time to come together and we invest in people first and then in steel.

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.