PRESS RELEASE

Athens, Wednesday, the 08th of June 2016

SetelHellas is a new Incentive Provider of Green Award!

The handover of the Green Award board ceremony was conducted on Tuesday, the 07th of June, 2016 at SetelHellas’ stand, No 1.120, Hall 1 at Posidonia Exhibition. During the ceremony, SetelHellas officially became a new incentive provider of Green Award.

SetelHellas S.A. has previously announced an exceptional financial incentive for ships and ship managers that are holders of the Green Award certificate. Green Award is a quality mark and a platform for all industry stakeholders striving for excellence and implementation of CSR principles in shipping. Discount up to 10% on maritime-related ICT solutions comes into force on the 7th of June.

From the left to right: Mr. Jan Fransen, Executive Director / Green Award Foundation, Mr. George Marinakis, Managing Director / SetelHellas, Capt. Dimitrios Mattheou, Chairman / Green Award Foundation

SetelHellas is an international provider of market leading ICT solutions specially designed for the maritime and offshore vertical businesses. In order to promote environmentally-friendly approach and the highest safety and quality standards, SetelHellas has decided to join the Green Award scheme - a platform for cross-sectoral cooperation of the shipping industry. Green Award audits and certifies ships and ship managers that go beyond statutory regulations in terms of safety, quality and environmental-friendly behavior. The Green Award scheme provides ports, maritime service providers and organizations with a tool to identify the safest performing ships, to lower risk of incidents and to implement their Corporate Social Responsibility principles.

Green Award certified ships and companies are entitled to a discount over the official price list on the following product catalogue: 5% on SmartBox-V™, SeeMBox-V Remote Monitoring solution and 5% on Maritime Telemedicine Solution (MTS) and a 10% discount on SeeMBox-V MRV Co2 emissions Monitoring & Reporting as per EU.

Captain Dimitrios Mattheou, Chairman of the Green Award Foundation, together with Jan Fransen, Executive Director of the Green Award Foundation, presented a Green Award plaque to Mr. George Marinakis, Managing Director of SetelHellas S.A and congratulated SetelHellas on becoming a Green Award incentive provider.

From the left to the right: Mr. Efthymios Chaldeakis, Sr. Strategic Accounts Manager / SetelHellas, Mr. Jan Fransen, Executive Director / Green Award Foundation, Mr. George Marinakis, Managing Director / SetelHellas, Capt. Dimitrios Mattheou, Chairman / Green Award Foundation, Mrs. Eirini Naki, Marketing & Communications / SetelHellas, Mr. Keita Shinohara, Certification Manager / Green Award Foundation, Mr. George Christakos, Sr. Customer Solutions Manager / SetelHellas

“IT solutions are an integral part of the today’s maritime business,” commented the Green Award’s chairman. “The products designed by SetelHellas contribute to the efficiency of daily operations and include ship and shore communication interface, ship performance monitoring tools including MRV application, and a remote medical solution. We are pleased that Green Award certificate holders can benefit from discounts on these products.”

George Marinakis, SetelHellas’ Managing Director, commented: “We, at SetelHellas, are very proud to participate in this initiative. We are committed to provide value-added maritime solutions able to strategically assist shipping companies to succeed in Environmental Compliance in the best possible way! In this light, SetelHellas has developed its SH-Suite with the power to support the most efficient, secure and eco-friendly operation of smart ships, allowing the marine industry to meet the challenges of today and position itself for better growth and margins in the years to come”.

About SetelHellas S.A.

SetelHellas is an international provider of leading ICT solutions specially designed for the maritime and offshore vertical businesses.

Combined with the power of the cloud and Internet of Things (IoT) technology, the SH-Suite from SetelHellas is able to support the most efficient, secure and eco-friendly operation of smart ships.

With a broad set of Maritime Apps, Business Insight and Analytics, Automation and Advanced Communication as an integral part of SetelHellas products; the SH-Suite offers remarkable new capabilities and ultimate value in a connected world.

www.setel-group.com/

About Green Award

The Green Award foundation was established in 1994. Green Award is a global, independent, non-for-profit quality assurance organization that works by certifying ship managers and vessels that go beyond the industry standards in terms of safety, quality and environmental performance. The scheme is open for sea-going oil and chemical tankers, bulk carriers, LNG and LPG carriers, container carriers and inland navigation barges.

The essential of Green Award is that it covers a wide range of aspects related to safety quality and the environment. Green Award brings together high quality ships, maritime service providers and ports that want to improve safety, attract quality ships and reduce environmental and safety risks. In fact Green Award acts as the platform for the industry cooperation. Green Award incentive providers (ports and maritime service providers) award ships the highest safety and quality standards of which are confirmed by the Green Award certificate with various benefits such as discounts on the port dues, products and services.

With over 70 incentive providers in North America, Europe, Africa, Middle East and Asia currently participating in the scheme, Green Award motivates ship owners and managers to invest in the improvements on board and ashore and serves as a reliable indicator of the ship’s highest standards and as a Corporate Social Responsibility and risk reduction tool for shipping companies and ports.

www.greenaward.org