Sponsorship was led by the Bank of Cyprus and had support from the Cyprus Union of Shipowners and leading companies, including American P&I Club, represented by Ilias Tsakiris.
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Mr. Tsakiris stated that market growth is always a mix of various parameters coming together: the global economy, talent, service differentiation, and customer value.
After 15 months of successful operations and faster than expected growth, American Hellenic Hull Insurance Board of Directors analyzed the company’s standing.
The new hull insurer is a subsidiary of the American Club. Receiving its license last year, it became the first insurer in Cyprus to comply with the EU’s Solvency II directive.
Nine months after it received its operating license, American Hellenic Hull is already covering a fleet of more than 1,500 ships from 10 different countries.
Greek Shipping Hall of Fame began its life in 2007 as an idea, and today it includes 24 personalities who made their mark on Greek and world shipping.