Introduction

Athina Martinos, the formidable force behind a shipping empire that flourished over six decades, has passed away on October 11, 2023, at the esteemed age of 97. Known affectionately as "Nounou," Martinos was the founder of Thenamaris, a company that has grown to command nearly 300 ships worth an astounding $14 billion, transforming the maritime industry in the Eastern Mediterranean.

Announcement of Death

The announcement of her death was made via a simple statement on the website of the Athina Martinos Foundation, which she established three years ago to offer grants and scholarships aimed at enhancing social welfare, education, health, culture, and environmental initiatives.

Early Career

Described as a "formidable lady" by her contemporaries in shipping, Martinos began her illustrious career with her husband, Ioannis, in 1964 when they bought a 20-year-old ship that was deemed a lost cause by the more established Livanos shipping empire. "When Livanos sold us that ship it was garbage. I remember me and my husband going down to the engine to watch the boilers," she recounted in her 90s, showcasing her hands-on approach to the business. Their expertise and determination allowed them to turn the ship around, selling it for a profit just three years later.

Thenamaris and Legacy

This pivotal moment marked the beginning of Thenamaris in 1972, which not only propelled the couple's success but also led to the creation of other maritime companies, including Eastern Mediterranean Maritime, Minerva Marine, and Astra Shipmanagement, all successfully managed by their children and grandchildren.

Personal Life and Involvement

Even into her 90s, Athina continued to be involved in the legal affairs of Thenamaris, serving as a beacon of inspiration for her four children, 14 grandchildren, and 33 great-grandchildren. Known for her love of nature and hunting, she owned a private shooting range and took joy in sharing her skills with family members.

Celebration of Life

A vibrant figure in the shipping community, fellow shipowners—many of whom were well-known figures in the industry—would gather annually to honor her birthday on August 2nd, at her favored fishing spot near Schoinousa Island. A woman of unique quirks, she humorously divulged in a documentary that flying was no small feat for her: "Before I get into a plane, I have to drink half a bottle of whiskey," yet she never shied away from travel when business invited her. In a testament to her dedication, she once rushed to deliver registration papers to her son, Thanassis, before a precarious midnight deadline, emphasizing her unwavering commitment to her family's shipping enterprise.

Breaking Barriers

Martinos’s journey was not just about success; it was also about breaking barriers. Her background played a significant role in her achievements. With a father who was a distinguished maritime lawyer, her family's connections laid the groundwork for her entry into shipping, despite the male-dominated environment of the industry. She often found herself navigating between genders at social events in London, absorbing vital information that would inform her business decisions.

Leadership and Vision

Widowed at the young age of 49, she remarkably shifted management responsibilities to her sons when they turned 20, a move that many would consider unconventional for that era. Her belief in their capabilities allowed them to flourish as independent leaders in a complex industry.

Legacy and Impact

Reflecting on her impact, Athina Martinos once said, "I wouldn’t call myself the driving force. I was rather the person that showed things are simple and achievable in life if you love them." Her legacy continues to inspire the next generation of ship owners and business leaders, leaving an indelible mark on the maritime world.

Conclusion

As the shipping community mourns her loss, Athina Martinos's remarkable journey from humble beginnings to commanding a global shipping legacy serves as a powerful reminder of perseverance, vision, and the limitless possibilities of passion-driven work.