Project Forward received the Maritime2020 Summit Award for The Most Sustainable Project, “awarded for a project that stood out for its environmentally conscious techniques and processes that ensure sustainability in the maritime industry.”

“Project Forward represents a milestone for the shipping industry, and this prestigious award helps promote its recognition worldwide. We are hopeful that by creating a new benchmark in ship emissions and performance, and by at the same time lowering the cost of transportation, we will be able to shape a better future for the generations to come.” said Alexander Panagopulos, Founder & CEO of Forward Ships.

The other nominees in this category were A.P. Moller – Maersk, for teaming up with a number of partners to create the public-private “Green Ship of the Future” project, Carisbrooke Shipping, for the Green Shipping Project and its innovative new bow design to increase efficiency, and Martime Development Center, for the Transport Innovation Network, which helps to strengthen the Danish transport and logistics industry’s competitiveness and technological leadership.
Forward Maritime Group Inc. has signed a Letter of Intent with Yangzijiang Shipbuilding (YZJ) to build a series of up to 20 Forward Ships Kamsarmax bulk carriers to the new design.

Accompanying photos:
- The Forward Bulker 84-LNG
- Mr. Alexander Panagopulos receiving the Maritime2020 Summit Award from the Organizers