Basil Karatzas to Speak at Caymans Shipping Conference

We are delighted to confirm just ten days before the event, due to outstanding business obligations, that Basil Karatzas will be presenting that the 5th Cayman Islands Shipping and Yachting Summit hosted by Mare Forum on May 1st, 2017. The conference is held during The Cayman Maritime Week in George Town, Grand Cayman, Cayman Islands. The presentation by Basil Karatzas is expected to cover the expected implications on the shipping and maritime industries by the Trump Administration.

Part of working in the shipping industry! No complaints! 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.

2nd Naftemporiki Conference

                                                      Basil M Karatzas

                                                        presenting at

                                     2nd Naftemporiki Shipping Conference

                                        Athens, Greece, January 26th, 2016

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A crisis is a terrible thing to waste, it once has been smartly said.

Ever since the collapse of the freight market in 2008, the shipping industry has been struggling to establish a new baseline. It was not only the precipitous decline in the freight market, but also geo-political and macro-economic developments, fiscal and monetary actions and reactions, financial and banking industries’ new enhanced regulations that have been causing stormy waves for the maritime industry.

The recent establishment of all time lows by the Baltic Dry Index has been a chilly reminder that the industry keeps facing an inflection point. The present crisis may be an opportune time for the industry to strategically face and position itself for the new parameters that will set the work-frame for the industry for the next decade, especially for shipping finance, a crucial variable for this capital intense industry.

Naytiliako_728At the 2nd Naftemporiki Conference, the shipping finance panel will address the latest developments of the industry, and especially:

  • Shipping banks are ever more selective with the shipping industry. Is this the end of the ‘ship mortgage’ era? Would corporate finance be a better replacement?
  • Who and how the funding gap left by the shipping banks will be covered? Are alternative and credit funds a temporary solution?
  • Private equity investors have not fared well so far, on average, with their shipping investment. How they could react to their underwater positions? Will they double-down or exit massively at a loss?
  • What happened to the capital markets and the promising wave of Greek shipping IPOs of the last decade? Has the well gone dry?
  • Are the capital markets the way of the future?
  • Are presently the shipowners properly prepared to navigate today’s financial markets and requirements? How can they position themselves best?
  • Would a changing financial and banking market will force some shipowners to leave the industry?
  • How a small / medium-size independent shipowners office will be defined in five years and how such an office will be structured?

These and many more relevant question will be addressed and discussed in-depth at the shipping finance panel of the 2nd Naftemporiki Conference.

We are hopeful that the challenging times of the industry will be resourcefully navigated by the descendants of Odysseus, and the present crisis of the industry will be the springboard for ever greater success for our national industry.

We hope to see you at the 2nd Naftemporiki Conference.

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© 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.

Current Media Mentions for Basil M. Karatzas

Blue & Red ship reflection with pale yellow cranes_LR 2We are taking pride to always be up-to-date with our business , and, if possible, a little ahead, as once a highly successful executive of a top notch company presciently said. At the shipping finance advisory and ship broking firm Karatzas Marine Advisors & Co., we measure our success not only by the number and size of the transactions we work on and successfully conclude, and the caliber of the shipowners and clients we work with, but also by the times we were honored to provide current market information, insight, opinion and counsel to maritime, finance and trade topics to highly respected publications.

A few articles of recent where Basil M. Karatzas and Karatzas Marine Advisors & Co. were in the press:

Weathering the ‘sentiment storm’ in IHS Maritime Fairplay, March 2015.                         While in 2013 capital markets and institutional investors had shown strong for shipping, since late 2014, the ‘sentiment’ has turn diametrically, as Greg Miller of Fairplay explains.

Shipowners anchor themselves in debt markets, in The Financial Times, April 1st, 2015. With traditional shipping banks sailing away from the shipping industry, this capital intensive industry is looking for new sources of capital, including the public debt markets.

Ελκυστικα για τραπεζικα κεφαλαια τα πλοια μεταφορας υγραεριου, in ΝΑΥΤΕΜΠΟΡΙΚΙ (in Greek), March 31st.                                                                                                        The well-respected daily Greek business newspaper Ναυτεμπορικἠ, reports that shipping banks and capital markets show preference for gas tankers (LNG, LPG, ethane, etc) in a changing seascape for the industry. Information and data were partially based on reporting by Lloyds List and the Ethane & LPG Trading and Shipping Conference held in early March in London where Basil Karatzas was a presenter.

U.S. Crude Exports and the Tanker Market, in Tanker Operator, March 2015.                  The article, co-authored with Winston & Strawn partner Mr. Charlie Papavizas, briefly examines the requirements, viability and impact on the tanker market from potentially lifting the crude oil export ban in the US.

We are thankful for the trust placed in our firm’s expertise, knowledge and judgement in so many aspects of the shipping industry and by such well-respected publications and journalists. We are grateful indeed.

Rudder, Propeller, Red Hull_reflection LR


 

© 2013-2015 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 03MAR TO US Crude exports and the tanker market

2015 03MAR12 FAIRPLAY Weathering the ‘sentiment storm’_HL

2015 03MAR31 ΝΑΥΤΕΜΠΟΡΙΚΙ Ελκυστικα για τραπεζικα κεφαλαια τα πλοια μεταφορας υγραεριου

2015 04APR01 FT Shipowners anchor themselves in debt markets_HL

Cayman Islands Shipping Conference

Mare Forum Logo MAR2014

Mare Forum and Karatzas Marine Advisors & Co. are pleased to announce that

                                              Basil M Karatzas

              will be presenting at the 3rd Cayman Islands Shipping Summit                                            held at Grand Cayman, Cayman Islands on May 5th, 2015.

Additional information about Mare Forum and the conference can be found by clicking on link herebelow. Please feel free to access the full agenda by clicking here!

Basil M Karatzas’ presentation is titled ‘Smart Investments in Shipping’, a pertinent topic given that although the shipping industry has been experiencing a severe downcycle for the last six years, many investments in shipping turned out to be ill-timed, ill-fated and …underwater.

We hope to see you at the Caymans!

Cayman Turqoise Waters_Karatzas MAR2014

May the magic and the appeal of the sea at the Caymans always be with the shipping industry! (Image credit: Karatzas Photographie Maritime)

CAYMAN_DRAFT PROGRAMME – 3rd Cayman Islands Shipping Summit 2015 (as of 24-04)


© 2012-2015 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.