Capital is committed to being an industry leader in technical research and environmental stewardship and to participating in discussions with relevant authorities, in order to develop measures to increase safety and minimise industry impact on the environment.
Capital sets as a priority and is interested in developing constructive, long-term relationships with quality ship owners, oil majors, regulators, classification societies, trade associations, academic research centers and non-governmental organizations in order to provide sustainable shipping.
Capital, remains at the forefront of technical research and regulatory developments and has participated in various European Commission Research proposals on shipping projects, participating in consortia of EU companies, with various partners including: the American Bureau of Shipping (Europe), Lloyd's Register of Shipping (UK), Lisnave Shipyard (Portugal), the University of Manchester (UK), the University of Strathclyde (UK), the National Centre of Scientific Research "Demokritos" (Greece), the National Technical University of Athens (Greece), Asociacion Centro Tecnologico Naval y Del Mar (Spain), Bundesanstalt Fuer Materialforschung & Pruefung (Germany) and other prominent companies and research centers.
Capital is currently participating in a major European Commission Research shipping project, ShipFC
, examining the conversion of an offshore vessel to run on ammonia-powered fuel cell. The ShipFC
consortium partners include: NCE Maritime Cleantech (NO), Eidesvik Shipping (NO), Equinor (NO), Prototech (NO), Yara (NO), Wärtsilä Norway (NO), Fraunhofer IMM(GE), Persee (FR), The University of Strathclyde (UK), National Centre for Scientific Research Demokritos (GR), North Sea Shipping (NO), Capital-Executive Ship Management (GR) Star Bulk Ship Management (CY), Sustainable Energy Norwegian Catapult Centre (NO). The project has been awarded backing from the EU's Research and Innovation programme Horizon 2020 under its Fuel Cells and Hydrogen Joint Undertaking in order to deliver world's first high-power fuel-cell to be powered by green ammonia in late 2023.
Capital and Lloyd’s Register (LR) will trial in 2022 the use of biofuels in a new pilot project to support the maritime industry’s research for low to zero-carbon fuels in line with the IMO’s greenhouse gas (GHG) emissions reduction targets. The trial will test biofuel-blended marine fuel on Capital managed 300k DWT crude tanker, Apollonas.
ABS and Capital Ship Management (Capital) have signed in June 2022 a landmark agreement to deploy ABS’ industry-leading digitalization and decarbonization platform in support of Capital’s sustainability strategy. ABS My Digital Fleet is the only customizable risk management platform that seamlessly integrates data to provide AI-driven insights for driving sustainable operations and reducing operational risks. The agreement is the latest investment by Capital towards decarbonizing its operations, following the recent announcement securing ABS notations and recognizing investment in decarbonization technologies for its newbuild orders for medium range tankers.
Capital participates in a group of leading companies in maritime transportation investigating the realities of using ammonia (NH3) as a marine fuel, focused on the safety issues that need to be addressed led by Bureau Veritas Solutions Marine & Offshore.
Capital is a member of the Clean Shipping Alliance 2020, which aims to support and educate on the use and effectiveness of Exhaust Gas Cleaning Systems in order to help achieve shared environmental and sustainability initiatives in the commercial shipping and cruise industries.
In 2016 Capital participated
in the ABS 'Smart Bearing'
research project, supported by the National Technical University of Athens (NTUA) and Metrisis Ltd., for the development of sensors to measure the force exerted by the main propulsion shafting system onto the vessel bearings.
In 2014 Capital participated in a Joint Development Project with Lloyds Register and DSME, which was specifically examining LNG as fuel, its technology specification and costs including fuel performance, as well as the potential safety implications of its use on a future ultra large container ship design (14,000TEU).
Capital is a member of technology and risk prevention organization ‘Prevention at Sea’ maritime safety experts committee to evaluate its Human Element Maritime Enhancement Tool (HELMET).
Capital has been a member of the advisory board of the Safepec research project "Promote Safety in Shipping Business" (2015-2017).
Ιn the context of education, Capital offers a scholarship program for the children and grandchildren of its employees.
Capital has sponsored educational and cultural initiatives by the Nautical Museum of Greece (Piraeus), the National Merchant Marine Academy (Hydra), the Centaurus Research project (University of Thessaly), the Petrospot ‘Oxford Bunker Course’ (Piraeus), the Hellenic Universities Rector's Synod (Piraeus) and others.
Capital has collaborated with the National Technical University of Athens.Athens University of Economics & Business, University of Piraeus, University of the Aegean, Alba Graduate Business School, BCA College and other institutions in order to contribute to the education of shipping students, by encouraging academic visits to its premises, by providing students with the opportunity to undertake specific projects related to the operations of a modern ship management company and by providing students with internship opportunities through the "Erasmus" and other international internship programs.
Finally, Capital participates through its representatives in several scientific fora such as Tradewinds Forum, Safety4Sea, Career4Sea, NTUA, Marine Money, Capital Link, Technological Academies events and others, presenting the experience of a modern ship operator, facing all new challenges in shipping.