Common Progress Compania Naviera S.A. Information

Common Progress Co Na S.A. was established in 1983. The company, backed by major shipping banks, has concentrated in the dry bulk sector, investing in a substantial number of vessels, ranging from Handysize to Panamax. Taking advantage of the cyclicality of the market, the company renews and expands its fleet through second-hand and newbuilding purchases. The company's high standards and reputation as a quality manager have helped generate repeat business and create long-standing relationships with most major charterers. The company is ISO 9001 certified and all vessels have consistently presented a Port State Control record of non-detentions, which reflects a corporate emphasis on high quality. Common Progress is based in Maroussi, Athens, employing 35 shore-based and about 200 sea-going personnel from Greece and the Philippines.