LMM Vision Issue 19 - Q4 2024

3 LMM V I S I O N ISSUE 19 | Q4 2024 Dear colleagues, Last quarter of the year has already come to an end, and we are glad to share with you the Company’s milestones and achievements of the year. Starting from October, our Strong and Continuous presence to many Forums, Committees, Conferences and University events continued during Q4 2024, enhancing Company’s extravert culture and gaining knowledge on various technological advancements. We are glad that Company’s personnel with expertise in specific fields are eager to participate in forums sharing their knowledge and bringing new views in our Company! Our Company, within December organized various loyalty events such as special Christmas dinner for our seafarers ashore, kids Christmas party in our Company’s premises, Christmas party in Manila and London Office as well. It was grateful to meet all together, having an enjoyable time as a team! Leading or participating as per Company’s priorities to Social Responsibility and Accountability, we are more than happy for all the initiatives. It’s worth to be mentioned a significant milestone for Marla Dry Bulk Shipmanagement INC and our dedicated crew aboard M/V Marla Royalty with successful acquisition of the Qualship 21 certification from USCG. We are proud to announce that LMM has been recognized amongst the Top performers in Port State Control results for MR vessels. This is not to make us complacent, on the contrary, these results motivate us to improve our performance and to the other vessels! In general, within 2024 and line with Company’s strategy to renew fleet vessel, five vessels sales took place and one change of owner ship with LMM continues to maintain Technical Management. Upon completion of 2024, the Annual MRM off-site conference carried out on 14th-15th February at Divani Apollon PalMessage from COO In this issue 04 LMM at a glance 06 Company News 13 Fleet News 15 Seafarer’s interview: Challenges and lessons learned from 2024 18 Be here and now: How to improve situational awareness on board 20 Incident reports 22 Crossword ace & Thalasso Hotel in Vouliagmeni with the participation of all Company’s Personnel including London, Monaco and Dubai Office and Seafarers. In this two-day event, it was a great opportunity to share our vision and strategic plans for new year, while all employees had the opportunity to address questions to our CEO Mr. G. Margaronis on occasion of his ten years anniversary in the Company. In conclusion and as result of Annual MRM 2024, ●● It was underlined that Company’s set targets were discussed among all participants in a constructive and creative way, highlighting key elements of importance per respective target set. An open discussion took place during which all participants fruitfully exchanged their opinions with the aim of identifying areas of improvement. ●● It was pointed out that our presence on board has been increased with emphasis on training, the familiarization with and implementation of procedures, aiming at fostering knowledge and experience to our Crew members. In parallel, Company’s resources at Manilla have been strengthened and Management visits are performed. ●● Focus areas and priorities as always remain: • Safe navigation • Safety & environmental protection • Horizontal communication • Enhance “connection” & team spirit with emphasis on common goal • Vision -Mission-operational excellence of the Company • People and human culture I would like to thank all Company’s personnel for their hard work and commitment. We need always to identify areas of improvement, take immediate actions and keep towards improving ourselves. Enjoy reading! EDITORIAL Antonis Georgantzis Chief Operating Officer

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