The World Is Not Flat, Anymore

Only a few years ago, it seemed that our world, despite its spherical shape, was stretching to fit into a two-dimensional level playing field. The internet softly, almost hesitantly, started disrupting industries since the dot.com era, and technological innovations have been aggressively destroying market inefficiencies and rent-seeking industries ever since. During the last two decades, it had been easy to access information, to make decisions, to trade; it was easy for people to travel and for goods to be traded and shipped around. A few well-timed events (such as China’s accession to the WTO in 2001) only helped catalyze and amplify the impact of technology.

However, in the last couple of years, it seems that our world, especially when it comes to trade and shipping, sails against the winds. Clouds have been gathering slowly – politics and the outcome of elections are just a symptom for now, and trade volumes have been declining.

Basil M Karatzas had recently published an article in the Cayman Financial Review (Winter Edition) on the subject, mostly evaluating the topic from the shipowner’s point of view. The original article as posted online can be accessed by clicking here. A pdf version of the article from the print version / magazine can be be accessed by clicking on the image below.

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It seems flat… Click on the picture to access the pdf article. Image credit: Karatzas Images


© 2013 – present Basil M Karatzas & Karatzas Marine Advisors & Co.  All Rights Reserved.

IMPORTANT DISCLAIMER:  Access to this blog signifies the reader’s irrevocable acceptance of this disclaimer. No part of this blog can be reproduced by any means and under any circumstances, whatsoever, in whole or in part, without proper attribution or the consent of the copyright and trademark holders of this website. Whilst every effort has been made to ensure that information here within has been received from sources believed to be reliable and such information is believed to be accurate at the time of publishing, no warranties or assurances whatsoever are made in reference to accuracy or completeness of said information, and no liability whatsoever will be accepted for taking or failing to take any action upon any information contained in any part of this website.  Thank you for the consideration.

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Shipping Banks and Credit Funds

For anyone who approached a shipping bank in 2015 requesting a shipping loan (mortgage), the reality has been as rough as the waves of the North Atlantic in the winter season. Shipping banks have been leaving a large funding gap behind them, and a few new entrants to the market, whether banks, lessors, or more prominently credit funds, have been making waves about. In the current issue of the Cayman Financial Review, Basil M. Karatzas with Karatzas Marine Advisors & Co explores the new reality.

The article can be accessed online at the website of the Cayman Financial Review by clicking here, or a pdf article of the article can be access by clicking on the picture herebelow. The article has been reproduced courtesy of the Cayman Financial Review where the copyright belongs to. We are thankful to them for hosting us for the second time in a year, testament to the Caribbean Islands being hospitable to maritime and shipping finance insight!2015 12DEC CFR Credit funds in the wake of departing shipping banks

 


© 2013 – present Basil M Karatzas & Karatzas Marine Advisors & Co.  All Rights Reserved.

IMPORTANT DISCLAIMER:  Access to this blog signifies the reader’s irrevocable acceptance of this disclaimer. No part of this blog can be reproduced by any means and under any circumstances, whatsoever, in whole or in part, without proper attribution or the consent of the copyright and trademark holders of this website. Whilst every effort has been made to ensure that information here within has been received from sources believed to be reliable and such information is believed to be accurate at the time of publishing, no warranties or assurances whatsoever are made in reference to accuracy or completeness of said information, and no liability whatsoever will be accepted for taking or failing to take any action upon any information contained in any part of this website.  Thank you for the consideration.

2015 12DEC CFR Credit funds in the wake of departing shipping banks

Changing Seascape in Shipping Finance and the Vessel Ownership Structure

Karatzas Marine Advisors & Co. has published an essay in the current issue (2014 Q4) the Cayman Financial Review (CFR), by the Cayman Compass publishing house, with the title ‘A Changing Seascape in Shipping Finance, and the Capital Structure of Vessel Ownership’.

To visit the online version of the article in the Cayman Financial Review, please click here!

To download the pdf version of the article, from the quarterly magazine, please click here!

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Changing Seawater Colors and Seascapes in Shipping! The turquoise colors of the waters of the Cayman Islands (image source: http://www.basil-karatzas.com)


© 2013 – 2014 Basil M Karatzas & Karatzas Marine Advisors & Co.  All Rights Reserved.

IMPORTANT DISCLAIMER:  Access to this blog signifies the reader’s irrevocable acceptance of this disclaimer. No part of this blog can be reproduced by any means and under any circumstances, whatsoever, in whole or in part, without proper attribution or the consent of the copyright and trademark holders of this website.Whilst every effort has been made to ensure that information herewithin has been received from sources believed to be reliable and such information is believed to be accurate at the time of publishing, no warranties or assurances whatsoever are made in reference to accuracy or completeness of said information, and no liability whatsoever will be accepted for taking or failing to take any action upon any information contained in any part of this website.  Thank you for the consideration.