Green Award welcomes REA HELLAS S.A. as Incentive Provider for condition monitoring

Rotterdam, 16 April 2024 – Green Award Foundation is pleased to announce that REA Hellas S.A., a leading provider of motion, lubrication, sealing products and condition monitoring services in Greece, has joined its global network of Incentive Providers.

Established in 1988, REA Hellas brings decades of expertise as a trusted distributor for top international brands including NSK, Simatec, Garlock, CPI and more. The company’s extensive portfolio enables delivery of complete technical solutions backed by localised support and training to customers across industries.

πŸ“· Ms Philippia Psoma. Chairperson of REA Hellas s.a. receiving the Green Award plaque

As a certified Condition Monitoring Services Provider by multiple classification societies such as ABS, Bureau Veritas, Lloyd’s Register and TUV Austria, REA Hellas specialises in cutting-edge predictive maintenance techniques for the maritime sector:

  • Vibration analysis
  • Ultrasound analysis
  • Infrared thermal imaging
  • Laser alignment
  • On-site dynamic balancing


REA Hellas will extend a 5% discount on all condition monitoring services to ships holding a valid Green Award certificate. This partnership unlocks access to the latest remote diagnostics and reliability centred maintenance strategies for environmentally focused operators pursuing optimal asset performance.

β€œWe warmly welcome REA Hellas to our Incentive Provider network – their proven solutions delivered by a highly certified team align perfectly with Green Award’s mission to promote top quality shipping via voluntary best practises,” said Jan Fransen, Executive Director of Green Award Foundation.

Major Greek ship owning groups already working closely with both REA Hellas and Green Award stand to gain from this new cooperation aiming to boost uptake of proactive condition monitoring as a key enabler of more sustainable vessel operations.

β€œREA Hellas shares Green Award’s commitment to the highest quality, safety and environmental standards in shipping. We look forward to supporting the global fleet of Green Award vessels through value-added condition monitoring services that enhance machinery reliability while reducing cost and emissions from unnecessary maintenance,” said Vasilis Krithis, Managing Director of REA Hellas.

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