Common Progress Co Na S.A. was established in 1983 in Greece as a ship management company. 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.