Nostalgia Welcome to yet another installment of Nostalgia! There is no better way to learn about the Company’s history and envision its bright future than through photos which illustrate the progress made thus far, and attest to the success to come! After all a picture is worth a thousand words! I believe this edition is a very touching one, since we will look back at the vessel that has been in our fleet for most of the Company’s existence. So after taking a look at the delivery of the new built Mikela P. in the last installment of Nostalgia, we will now move on to the delivery of the most historic vessel that has ever been in our fleet. She is none other than the cherished M/T PANAGIA ARMATA. We will start off with her delivery back in the 90s and trace her history until her sale early this year. I hope you enjoy looking back at this vessel’s lifetime in our Company as much as I did when writing this edition of Nostalgia.
In the photo below, the PANAGIA ARMATA (aframax/LR2 tanker) built in 1998 at Daewoo Heavy Industries Ltd shipyard in Korea can be seen during her naming ceremony. It was the Company’s first newbuilding contract and rumor has it that our supervision team led by Yannis Pantos was so meticulous and efficient that the shipyard was forced to modify their quality standards after completion of this project. The Company contracted a further four top quality tankers at Daewoo (later named DSME), all of which were sold over the course of the years to first class owners; however, the first vessel spent the longest time with the Company – 23 years!
Some familiar faces can be spotted in this photo from the naming ceremony, including Technical Director Yannis Pantos (Site Manager at the time), Capt. Michail Michail (ship’s Master at the time), Supt. Engineer Manolis Tsainis (ship’s Second Engineer at the time) and Supt. Engineer Stratos Palaiologos. The story of our Company and our people will be forever linked with the PANAGIA ARMATA.
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Issue 76-June 2021