MEDIA RELEASES

Successful Completion of the Latest Phase of the ‘Smart-Bearing’ Research Project.

Piraeus, Greece, August 19, 2021. Capital-Executive Ship Management Corp. (Capital-Executive) today announced the successful completion of the latest phase of the ‘Smart-Bearing’ research project. The smart bearing sensor was last installed and tested on board the Capital-Executive container vessel M/V ‘Adonis’ (ex “CMA-CGM Uruguay”), IMO 9706310 with excellent results in February 2020.

Capital-Executive Ship Management Corp. Announces Verification of its Annual Corporate Environmental Report

Piraeus, Greece, June 3, 2021. Capital-Executive Ship Management Corp. (‘Capital-Executive’) received a Lloyd’s Register Quality Assurance (LRQA) Statement relating to its annual environmental performance data within the Corporate Environmental Report for the calendar year 2020. The assurance engagement covered the managed fleet direct emissions from propulsion at sea, in laden condition, for the calendar year 2020 and specifically evaluated the accuracy and reliability of the following selected environmental performance data: Carbon dioxide (CO2), Carbon monoxide (CO), Nitrogen oxides (NOx) and Sulphur oxides (SOx). The verification procedure was based on current best practice, was in accordance with ISAE 3000 and ISAE 3410, using  the principles of AA1000AS (2008) - inclusivity, materiality, responsiveness and reliability of performance data.

Capital-Executive Ship Management Participates in Major Project to Convert Offshore Vessel to Run on Ammonia-Powered Fuel Cell

ShipFC consortium project gets €10m fund injection to deliver world’s first high-power fuel-cell to be powered by green ammonia.

A maritime innovation project looking to install the world’s first ammonia-powered fuel cell on a vessel has been awarded €10m funding from the European Union.

Athens, Greece, January 23, 2020. Capital-Executive Ship Management participates in the ShipFC project which is being run by a consortium of 14 European companies and institutions, co-ordinated by the Norwegian cluster organisation NCE Maritime CleanTech, and has been awarded backing from the EU’s Research and Innovation programme Horizon 2020 under its Fuel Cells and Hydrogen Joint Undertaking.