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Tatiana Petalas of Carras (Hellas) S.A. addresses the recent technological and
regulatory changes in an interview featured in the special edition of
Naftika Chronika. Carras (Hellas) S.A., with over a century of maritime heritage, was
founded by John M. Carras, a towering figure in the history of international shipping
throughout the 20th century. The Company has built and manages a number of modern
Kamsarmax and Ultramax bulk carriers on behalf of its clients. Mrs. Petalas remains
committed to upholding the innovative spirit that is the cornerstone of the Greek
shipping.
TECHNOLOGICAL
AND REGULATORY
CHANGE MANDATES
AGILITY & FLEXIBLE
LEADERSHIP
Mrs Tatiana Petalas ❶ The M/V Aquataurus became the tries. Additionally, biofuels are not yet particu-
of Carras (Hellas) S.A. world’s first vessel to earn the ABS larly cost-effective, with B30 biofuel trading at
Biofuel-1 Notation. In your opinion, are a premium of about $150-200/MT to LSFO on
talks to
Giannis Theodoropoulos biofuels a reliable and cost-effective the continent this month. It is also important to
solution to reduce shipping’s environ- remember that for the emission benefit of biofuel
mental footprint? Are there any other consumption to be valid, the fuel itself needs to
realistic options for achieving ship- come from a sustainable source. When consid-
ping’s decarbonisation? ering the use of biofuels, owners need to start
The M/V Aquataurus, managed by Carras (Hel- preparatory work well in advance, in discussion
las) S.A., is the world's first vessel to receive the with the charterer and supplier, ensuring that the
ABS Biofuel-1 notation. The initiative to use bio- vessel and crew are suitably prepared for their
fuels is part of a sustainability strategy, aimed carriage and that the details of the actual supply
at reducing carbon intensity without significant are well-known and verified as compliant.
investment costs as well as supporting both the In terms of realistic options for achieving ship-
company’s and the charterers' decarbonisation ping's decarbonisation, we believe that there are
efforts. This achievement was made possible with several alternatives available now. These include
the guidance and cooperation of the American reducing vessel speed on both laden and ballast
Bureau of Shipping. legs, utilising more advanced silicone-based
In our opinion, biofuels represent a reliable option paints to reduce friction, investigating ener-
for reducing shipping's environmental footprint. gy-saving devices, and using route planning
However, they are not yet available in sufficient software ashore and onboard to optimise voy-
quantities from sustainable sources to meet ages. All of these options are currently available
shipping demand, let alone competing demand and could help make a meaningful reduction in
from the aviation, automotive and other indus- carbon emissions.
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