USEA United Maritime Corporation

Leading shipowners presented at the “4th Annual Capital Link Decarbonization in Shipping Forum” digital conference held on Monday, July 1, 2024, sharing their insights on the challenges and opportunities arising by the industry wide drive to decarbonization in their respective shipping sector, the commercial investments and strategies and decision-making factors, and the steps necessary to reach a net – zero future.

The Shipowner’s Perspective – Putting It All Together

Moderator: Ms. Rachel Hoyland, Of Counsel – Stephenson Harwood

Panelists:Mr. John Lycouris, Head of Energy Transition, Director - Dorian LPG Ltd. (NYSE:LPG)Mr. Constantin Baack, CEO – MPC Container Ships ASA (NO:MPCC)Mr. Stavros Gyftakis, CFO – Seanergy Maritime Holdings Corp. (NASDAQ:SHIP); CFO & Director – United Maritime Corporation (NASDAQ:USEA) Mr. George Saroglou, President & COO – TEN Ltd. (NYSE:TEN)

FORUM REPLAYS

Follow this link to watch all forum replays: https://forums.capitallink.com/shipping/2024decarbonization/?src=agenda

FORUM OVERVIEW

The 4th Annual Capital Link Decarbonization in Shipping Forum took place on July 1, 2024, from 12:00 PM to 2:30 PM London Time as a digital event, allowing for a global audience to stay informed about the latest developments and updates shaping the current conversation surrounding decarbonization.

The aim of the forum is to showcase the thought leadership and direction of the industry, the decisions being made across major stakeholder groups, and the challenges in getting to a net zero future.

The Forum featured top Shipowners, regulators, charterers, financiers and others, who addressed the most pertinent issues regarding transition to Decarbonization, such as alternative fuels, ships of the future, technology, and finally the cost.

Agenda Topics

The Recent Changes to the EU Regulatory Framework and their Impact on ShippingA 1-to-1 Discussion with the European CommissionThe discussion focused on the adoption of EU Emissions Trading System (EU ETS), and the road ahead to implement FuelEU Maritime in 2025

• Mr. Ricardo Batista, Policy Officer – Directorate-General for Mobility and Transport – Maritime Transport Unit – European Commission
• Mr. Dimitris Anassis FCIArb, Partner – Hill Dickinson

Shipping and EU ETS: Key Lessons Since ImplementationWith the official implementation of the EU ETS for the shipping sector on 1 January, what are the first lessons to be learnt in structuring transactions & defining your compliance strategy? Learn more from Vertis Environmental Finance's experience and market analysis.

Presentation by:Mr. Frederic Bouthillier, Head of Shipping - Vertis Environmental Finance

Energy Efficiency: A Pragmatic Approach In Achieving The Decarbonization GoalsIn the evolving landscape of the maritime industry, prioritizing energy efficiency measures emerges as the cornerstone of sustainable decarbonization efforts. With the uncertainty behind fuel availability and certainty of low-carbon fuels cost, improving Energy Efficiency and hence reducing fuel consumption and air emissions becomes beneficial in various aspects. This panel aimed to understand the drivers and incentives behind improving Energy Efficiency onboard the vessels while also discussing the views of cargo owners and financing options, featuring representatives from various stakeholders to ensure a holistic view of this pragmatic approach towards decarbonization.

Moderator: Mr. Jason Stefanatos M.Sc, Global Decarbonization Director, Maritime - DNV

Panelists:

• Mr. Fotis Dalmyras, CEO – Andriaki Shipping, Co. Ltd.
• Mr. Christopher Rex, Head of Sustainability & Research – Danish Ship Finance
• Mr. Young Chang (James) Shon, President & CEO - Hanwha Power Systems Holdings Corp.; Hanwha Power Systems Co., Ltd.
• Mr. Pankaj Sharma, Managing Director – OneLink

The Shipowner’s Perspective – Putting It All Together

Moderator: Ms. Rachel Hoyland, Of Counsel – Stephenson Harwood

Panelists:

• Mr. John Lycouris, Head of Energy Transition, Director - Dorian LPG Ltd.
• Mr. Constantin Baack, CEO – MPC Container Ships ASA
• Mr. Stavros Gyftakis, CFO – Seanergy Maritime Holdings Corp.; CFO & Director – United Maritime Corporation
• Mr. George Saroglou, President & COO – TEN Ltd.

FORUM MATERIALAll the material of the event available at the following link : https://forums.capitallink.com/shipping/2024decarbonization/?src=overview

SPONSORS:

GLOBAL LEAD SPONSOR: Tsakos Energy Navigation -TEN Ltd.

GLOBAL GOLD SPONSORS: Columbia Shipmanagement • DNV

GLOBAL SPONSORS: Hill Dickinson • Stephenson Harwood

SPONSORS: Vertis • Dorian LPG Ltd. • MPC Container Ships ASA • Seanergy Maritime Holdings Corp. • United Maritime Corporation

SUPPORTING ORGANIZATIONS: BCA College • Greek Shipping Co-operation Committee • Hellenic Chamber of Shipping • InterManager • SEA LNG

MEDIA PARTNERS:

All About Shipping • Actualidad Maritima y Portuaria • Athens – Macedonian News Agency • The Japan Maritime Daily • Marine Circle • The Maritime Executive • Robban Assafina • Shipping Management International • World Oils • Xinde Marine News

FOR MORE INFORMATION:

Please visit forum webpage:

https://forums.capitallink.com/shipping/2024decarbonization/

Please contact:

NEW YORK // Mrs. Olga Bornozi & Mrs. Eleni Bej

Tel: +1 212 661 75 66 - Email : obornozi@capitallink.com ; ebej@capitallink.com ;

ATHENS // Mrs. Athena Kosmadaki

Tel: +30 210 610 98 00 - Email : athensoffice@capitallink.com

Or visit:

https://forums.capitallink.com/shipping/2024decarbonization/

www.capitallink.com

www.capitallinkforum.com

ORGANIZERS

Founded in 1995, Capital Link is a New York based investor relations, financial communications and advisory firm with a strategic focus on the maritime, commodities and energy sectors, MLPs, as well as Closed-End Funds and ETFs. In addition, Capital Link organizes 18 high quality Investment Forums, and multiple webinars and podcasts, focusing on maritime transportation and U.S. investment products in 10 countries in the United States, Europe and Asia, in key industry centers, such as New York, London, Oslo, Hamburg, Athens, Limassol, Shanghai, Singapore, Tokyo and Hong Kong, all of which are known for combining rich educational and informational content with unique marketing and networking opportunities. Capital Link is a member of the Baltic Exchange. Based in New York City, Capital Link has presence in London, Athens & Oslo.