Arcadia Shipmanagement certified by Green Award

Green Award welcomes Arcadia Shipmanagement Co. Ltd. as a new certficate holder. The Athens-based shipmanagement company was audited by two Green Award auditors over two days and fulfilled the Green Award requirements.

Arcadia Shipmanagement Co. Ltd., was established in July 1998, with the take over of the management of two coated aframax tankers. Since 1998, the company has managed a large investment plan with shipyards in South Korea under the close technical support and supervision of major classification societies.

ARCADIA today, is one of the first having a fleet consisting of 100 percent modern double-hull tankers with an average age of less than three years. The new-building program is continuing with two additional suezmax and two additional aframax tankers to be taken over in 2007 from Korean Shipyards.

The company's aim is to provide safe and reliable oil transportation by sea. For ARCADIA, the prime and vital objectives are SAFETY and QUALITY for the protection of lives at sea and of the environment. These objectives are of the highest importance.

                        
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