Tanker Shipping & Trade Industry Leader 2022: Evangelos Marinakis

15 November 2022

Capital Maritime & Trading Corp founder and chairman Evangelos Marinakis was awarded the Tanker Shipping & Trade Industry Leader Award. Capital Ship Management Corp chief communications officer Niki Kalogiratou collected the Tanker Shipping & Trade Industry Leader Award 2022 on behalf Mr Marinakis.

During the gala dinner of the Tanker Shipping & Trade Conference, Awards & Exhibition 2022 in Athens, 9 November 2022, the founder and Chairman of Capital Maritime & Trading Corp Evangelos Marinakis was awarded the Tanker Shipping & Trade Industry Leader Award as a recognition of his leading and visionary role in the maritime industry.

The Industry Leader Award was sponsored by RINA and it was RINA’s Marine Southern Europe & Africa Area senior director Spiros Zolotas who presented the Award to Capital Ship Management Corp chief communications officer Niki Kalogiratou, who collected the Award on behalf of Capital Maritime & Trading Corp founder and chairman Evangelos Marinakis.

The Capital Group currently controls a fleet of 96 vessels with a total dwt of approximately 10M tonnes including 37 tankers, 15 LNG carriers, 36 container ships and seven modern bulk-carriers. The fleet under management includes the vessels of Nasdaq-listed Capital Product Partners LP.

Capital Group’s strategy is focusing on cleaner maritime transportation and it has effectively shifted towards the transition to ‘green’ shipping by further diversifying into the LNG segment and through investments and research in digitalisation, cyber security, new greener fuels technologies, and sustainable shipping-oriented projects. In this respect, 2021-2022 was an important year for the group, as Capital’s investments in newer, greener vessels amounted to US$5.3Bn over 73 transactions, placing Capital group among the most active in the S&P front, while also presenting one of the largest and most advanced shipbuilding programmes in Greece and internationally.

Mr Marinakis has a successful track record of more than 30 years in shipping and capital markets, having successfully completed two IPOs in the US markets and having grown the Capital companies throughout the shipping cycles. He has also been the architect of Capital’s diversification from a dry bulk company two decades ago into product and crude tankers as well as containers and LNG carriers, having repeatedly successfully timed the newbuilding and secondhand asset markets.

Mr Marinakis is a member of the board of directors of the Union of Greek Shipowners. He actively supports a number of charitable and cultural causes both in Greece and around the world, such as the ’Miltiadis Marinakis Professorship for Modern Greek Language and Culture’ at Ohio State University, the Kazantzakis Museum in Crete, UNICEF, a wide range of community and infrastructure projects across the port city of Piraeus, including hospital equipment for the alleviation of the Covid-19 pandemic and mobile schools after the 2021 destructive earthquake in Heraklion, Crete.

Since 2010, Mr Marinakis has owned the emblematic, Olympiacos FC while in 2017, he became the majority owner of the historic Nottingham Forest FC.

In November 2021, Capital Ship Management was presented with an honourable mention at the Tanker Shipping & Trade Awards in Athens after its tanker Aristofanis rescued 150 people. In particular, Aristofanis alerted the Hellenic (Greek) Coast Guard after encountering a vessel laden with 150 people which, reportedly, was taking on water 70 nautical miles southwest of the Messinian island of Schiza, in Greece’s Peloponnese region. The passengers were transported to the port of Palaiochora on the Greek island of Crete, disembarking 25 September.

Capital Ship Management Corp was also nominated for the Tanker Shipping & Trade Tanker of the Year Award following the delivery of its latest newbuilding tanker Amore Mio, a VLCC with an ABS ammonia fuel-ready notification.