Home Cyprus “Latest EU Shipping Developments” presentation by Philippos Philis, ECSA President at the...

“Latest EU Shipping Developments” presentation by Philippos Philis, ECSA President at the Cyprus Marine Club  

Philippos Philis is the founder of Lemissoler and has been Managing Director since its establishment in 1996. He has been appointed as Chairman and CEO of Lemissoler Group since 2009. The Group is active in ship-owning, ship management, ship commercial operations, and chartering, as well as in R&D with a focus on enhancing the ship’s efficiency and decreasing the carbon footprint.

Mr. Philis is elected President of the Board of Directors of the European Community Shipowners’ Associations (ECSA), past President of the Board of Directors of the Cyprus Shipping Chamber (CSC), and has been Chairing the Board of Directors of the Cyprus Shipowners’ Employers Association (CySEA) from 2016-2021. He is an elected member of the American Bureau of Shipping (ABS), a member of the DNV GL Cyprus Committee, and a member of the Advisory Committee of the West of England P&I Club. He served as a member of the Board of Directors of the International Chamber of Shipping (ICS) and the Board of Directors of USB Bank.

Mr. Philis graduated from RWTH Aachen in Mechanical Engineering, and he is also a Harvard Business School (HBS) graduate. He was awarded an Honorary Doctorate by the School of Management and Economics of the Cyprus University of Technology (CUT).

The presentation focussed on the latest developments and challenges arising out of the EU Regulations such as the EU ETS and the FuelEU Maritime. It also covered the ongoing issues of the EU Recognition of the Philippine Seafarers’ Certificates, the War in Ukraine, and the EU Sanctions imposed on Russia as well as the National Regulation on Minimum Wages and its implications. Finally, an extensive presentation was given on the Taxonomy Regulation and the Ship Finance related to the Regulation on prudential requirements provided by Basel rules III and IV.

Capt. E. Koch welcomed members with a brief update and shared membership numbers (146 on the day) and announced the next event on 21st March with the presentation “Current Issues concerning seafarers’ Legal Protection and Well Being: Post Pandemic lessons learned and projecting towards the future”, by  Dr. Iliana Christodoulou-Varotsi, Senior Legal Consultant & Industry Trainer.

Previous articleThe Managers of Steamship Mutual are pleased to announce a successful renewal which will continue to strengthen the Club’s financial position
Next articleNokia wins new 10 year 5G deal with Antina in Singapore