Basil M Karatzas and Karatzas Marine Advisors Quoted in the News
We are delighted that Karatzas Marine Advisors & Co. and its founder Basil M. Karatzas have been the trusted and insightful source of market knowledge and intelligence for all things maritime; with prompt and accurate access to market information, a vast network of resources and paramount access to senior executives worldwide, in the shipping and complimentary industries, the company and its founding partner have had a front row seat to today’s developments in the maritime industry.
We always thought that we have had a strong advantage over the competition and nothing gives us higher pleasure than seeing our expertise appreciated beyond a constant deal-flow and boardroom discussions with our clients, and in the pages and the trust of the international business press.
Recent media quotations for Basil M Karatzas & Karatzas Marine Advisors:
– China, Flush With Cash, Sets Sights on Shipping, The Wall Street Journal, December 23rd, 2017 On Chinese leasing and Chinese financing going aggressively after the international shipping finance market where western banks are retreating – Euronav to Buy Gener8 to Create Oil-Tanker Giant, The Wall Street Journal, December 21st, 2017 Consolidation in the supertanker (VLCC) market at a time of weak freight rates and soft asset prices with a transformative acquisition where a storied company goes from a consolidator to being a target – Is the Dry Bulk Tramp Trade at an Inflection Point? The Maritime Executive, December 1st, 2017 Article penned by Basil M Karatzas for The Maritime Executive on the challenges the dry bulk market is facing and a blind repeat of the past and “buying low, selling high” dry bulkers may be more complicated this time around. – Dry bulk: Why the Year of the Dog can wag its tail, Lloyd’s List, November 23rd, 2017 2017 has turned out to be a decent year for the dry bulk market; although it’s hard to see how it could be worse than 2016 (worst year in living memory), shipowners seem to got their faith back that the industry is not completely dead – A Specter Is Haunting Europe’s Recovery: Zombie Companies, The Wall Street Journal, November 22nd, 2017 Many chronically loss-making companies in Europe are kept alive because of the kindness of the banks. Shipping companies are part of the landscape. – JPMorgan making big profits by flipping cargo vessels, The Globe and Mail, November 19th, 2017 In a weak freight market leading to soft asset prices (“cheap ships”) some financial players see opportunity of buying ships at low prices, and occasionally flipping them soon thereafter for an easy profit
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