NEWS*

* Press release sources are Capital Ship Management Corp. and Capital-Executive Ship Management Corp.,

which Capital Shipmanning Phils Inc. exclusively represents as their manning agent in the Philippines.


M/T 'Agisilaos' Security Incident Update

M/T 'Agisilaos' Security Incident Update

Athens, Greece, November 30, 2020. Capital Ship Management Corp. confirms that at around 21:12 UTC on 29 November 2020 its managed vessel 'Agisilaos' (IMO: 9315745) was involved in a security incident whilst the vessel was transiting the Gulf of Guinea off the coast of Lome, Togo. We can confirm that the vessel was boarded and four crew members were taken from the vessel against their will.

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M/T 'Agisilaos' Security Incident

M/T 'Agisilaos' Security Incident

Athens, Greece, November 30, 2020. Capital Ship Management Corp. is responding to a security incident involving its managed oil/chemical tanker 'Agisilaos' (IMO: 9315745; Marshall Islands flag) which occurred at around 21:12 UTC on 29 November 2020 whilst the vessel was transiting the Gulf of Guinea off the coast of Lome, Togo.

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M/T ‘Andronikos’ (IMO No: 9830812) released from arrest in Singapore.

Athens, Greece, March 19, 2020. Capital Ship Management Corp. announced that the M/T Andronikos (ex ‘Anbar’) was promptly released from arrest in Singapore after the Owners’ P&I Club posted security and has resumed trading.

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Al-Iraqia Shipping Services & Oil Trading (‘AISSOT’ or ‘Charterers’) Bareboat Charters Termination

Athens, Greece, March 16, 2020. Capital Ship Management today announced that the below vessels that were previously employed on bareboat charters to AISSOT are now trading in the spot or short time charter market:

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Capital Ship Management Corp. Takes Delivery of M/T ‘Aristofanis’

Capital Ship Management Corp. Takes Delivery of M/T ‘Aristofanis’

Athens, Greece, January 17, 2020. Capital Ship Management Corp. took successful delivery today of the newbuilding vessel M/T ‘Aristofanis’, a 115,000 dwt, eco-type crude oil tanker, built by Daehan Shipbuilding Co., Ltd, S.Korea. It is the second of two sister ships to be delivered in January 2020.

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Capital Ship Management Corp uses SKF equipment to control maintenance costs and avoid breakdowns

Capital Ship Management Corp uses SKF equipment to control maintenance costs and avoid breakdowns

SKF’s marine condition monitoring kit is helping a leading ship operator to manage costs and prevent equipment failure across its fleet.

Athens, Greece, January 14, 2020. A condition-based monitoring program, devised for the marine industry by SKF, enables ship operators control costs and avoid damaging equipment breakdown.

Capital Ship Management Corp. (Capital), has been investigating condition monitoring strategies since 2006, in order to reduce the maintenance costs and minimize the unexpected machinery & equipment breakdown. Together with SKF, Capital came up with an effective strategy by utilizing a new handheld device, launched recently by SKF; the SKF Quick Collect. The company has implemented the solution across a fleet of 30 vessels, with a plan to extend the program for the whole fleet of 56 vessels. SKF helped the company to determine which onboard machines should be regularly monitored. 

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Capital Ship Management Corp. Takes Delivery of M/T ‘Aitolos’

Capital Ship Management Corp. Takes Delivery of M/T ‘Aitolos’

Athens, Greece, January 9, 2020. Capital Ship Management Corp. took successful delivery today of the newbuilding vessel M/T ‘Aitolos’, a 115,000 dwt, eco-type crude oil tanker, built by Daehan Shipbuilding Co., Ltd, S.Korea. It is the first of two sister ships to be delivered in 2020.

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Capital Ship Management Corp. receives Amver Awards by the U.S. Coast Guard

Capital Ship Management Corp. receives Amver Awards by the U.S. Coast Guard

Athens, Greece, November 4, 2019. Capital Ship Management Corp received 16 'Amver Awards' and 'Certificates of Merit' by the U.S. Coast Guard for the vessels: ‘Active’, ‘Aktoras’, ‘Aiolos’, ‘Ayrton II’, ‘Alkaios’, ‘Alkimos’, ‘Amadeus’, ‘Archimidis’, ‘Aristotelis II’, ‘Aris II’, ‘Aristaios’, ‘Aristoklis’, ‘Arionas’, ‘Assos’, ‘Avax’, ‘Hyundai Platinum’.

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