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MINERVA IN FOCUS


         Foreword































          Sokratis Dimakopoulos,
          Chief Operating Officer







                                             On behalf of the editorial team, I would   submitted for adoption at the extraordi-
         Minerva                             like to extend a warm welcome to the Q2   nary MEPC session in October 2025.
                                                                                If adopted, these measures will repre-
                                             2025 edition of Minerva in Focus, which
         has already                         I trust our colleagues and business part-  sent a significant milestone in maritime
         developed                           ners will find both interesting and infor-  decarbonisation, introducing mandatory
                                             mative.
                                                                                emission intensity limits and GHG intensity
         in-house tools                      We are delighted to see that our quarterly   pricing across the shipping sector, with the
         to objectively                      magazine continues to be well-received,   aim of achieving net-zero emissions by or
                                                                                around 2050.
                                             both internally and within the wider mari-
         evaluate the                        time industry. Minerva in Focus offers in-  It is worth noting that our company has
         financial impact                    sights into our activities both onboard and   already developed in-house tools to ob-
                                             ashore, highlights our company’s projects
                                                                                jectively evaluate the financial impact of
         of the mid-term                     and initiatives, follows new developments   these measures, using the actual operating
         GHG reduction                       in shipping, and serves as a forum for   profiles of our vessels, the calculated GHG
                                                                                fuel intensity, and the estimated fuel prices.
                                             our employees and business partners to
         measures                            share their ideas and perspectives. The   This information is intended to support
                                             magazine is distributed electronically and   informed decision-making for newbuilding
                                             in hard copy to all our fleet vessels and   and retrofit projects.
                                             offices, and is also made available to our   I am confident you will enjoy reading about
                                             business partners.                 these developments, along with the other
                                             Among the many interesting features in   engaging articles featured in the Q2 2025
                                             this edition, I would like to draw special   edition of Minerva in Focus. Should you
                                             attention to the sections presenting the   wish to learn more about any topic cov-
                                             draft IMO greenhouse gas (GHG) reduc-  ered, we would be happy to provide further
                                             tion measures approved by the IMO Ma-  information.
                                             rine Environment Protection Committee   We would also like to thank all our col-
                                             (MEPC) at its 83rd session, held from 7   leagues, both onboard and ashore, for their
                                             to 11 April 2025.                  valuable contributions to this publication.
                                             The mid-term GHG reduction measures   For any suggestions or feedback, please
                                             were approved in the form of a new Chap-  do not hesitate to contact us at
                                             ter 5 in MARPOL Annex VI, and are to be   Minerva-in-Focus@minervamarine.com.

          2                                                                                 ISSUE 32 / Q2 2025
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