Happy New Year!

 

                                  Karatzas Marine Advisors & Co

                                                    Wishes you

            A most Prosperous, Productive, Happy New Year 2016!

This year’s theme are pictures of commercial ships calling the New York Harbor. The Statue of Liberty, Verrazano-Narrows Bridge, the newly opened World Trade Center, the Brooklyn Bridge, the Manhattan Bridge, the Empire State Building, and the lower Manhattan skyline can be seen in most images. One World Financial Center, where our offices are located, can be seen in the shadow and in front of the World Trade Center! We are located on the 30th floor of a 39-floor building, shadowed one city block north-east by the 104-floor (1776 ft) World Trade Center.

Shipping is both our vocation and avocation!

    Happy New Year!

WTC_night_Empire State Building_BMK_2420

Car Carrier entering the New York Harbor at night; World Trade Center and the Empire State Building in all their glory! Image credit: Karatzas Photographie Maritime

WTC ContaainershipS BMK_4827 AUG2015

Cruiseships ‘Celebrity Summit’ (upstream) and ‘Norwegian Breakaway’ (downstream) crossing paths. Brooklyn and Manhattan Bridges barely visible to the extreme right. Image credit: Karatzas Photographie Maritime

WTC_NY Fire Department_BMK_4217

Fire fighting vessel ‘Fire Fighter II’ of the City of New York Fire Department in action, framing the lower Manhattan skyline. Image credit: Karatzas Photographie Maritime

WTC StatueOfLiberty Chemical Tanker BMK_4109 AUG2015

Chemical Tanker MT ‘Harbour Progress’ and fire-fighting vessel MV ‘Fire Fighter II’ against Lower Manhattan skyline and the Statue of Liberty (extreme left). Image credit: Karatzas Photographie Maritime

WTC_Norwegian Breakaway_Fort Wadsworth_BMK_0784

Cruiseship ‘Norwegian Breakaway’ departing New York on a rainy, summer evening. Fort Wadsworth in the foreground. Image credit: Karatzas Photographie Maritime

WTC_Queen Mary II_BMK_1027

Cruiseship ‘Queen May 2’ departing New York (from her Brooklyn dock) on a rainy, summer afternoon. Image credit: Karatzas Photographie Maritime

Verrazano_Cruiseship_Queen Mary2_JUN2015

Cruiseship ‘Queen Mary 2’ outbound passing under the Verrazano-Narrows Bridge (connecting Staten Island and Brooklyn). Image credit: Karatzas Photographie Maritime

Statue of LIberty_Cruiseship Aurora_BMK_9056

Cruiseship ‘Aurora’ outbound with Staten Island and the Statue of Liberty in the background. Picture taken from Battery Park. Image credit: Karatzas Photographie Maritime

Star Epsilon_Bulker_Statue of LIberty_WM

Bulker ‘Star Epsilon’ upstream the Hudson River on a rainy, winter day; Picture taken from Battery Park. Image credit: Karatzas Photographie Maritime

WTC_Statue of Liberty_Barge_BMK_1899

Tug and tank-barge at anchor with Statue of Liberty, World Trade Center in the background. Image credit: Karatzas Photographie Maritime

WTC Cosco Asphalt BMK_5185 AUG2015

Asphalt tanker ‘Cosco Asphalt’ inbound; Image credit: Karatzas Photographie Maritime

WTC_Eagle Ford_BMK_1991

Built in 1978, Jones Act 124,000 tanker MT ‘Eagle Ford’ during lightering operations with Lower Manhattan sklyline in the background. Fort Wadsworth in the foreground. Image credit: Karatzas Photographie Maritime


© 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.

 

Key West Beach Rules

Treasure Hunting in Key West, Florida…

Of writers and poets and pirates                                                                                                           who walked the dirt beneath this path                                                                                                  each carrying a pocket full of dreams.                                                                                                    And none as unusual as yours,                                                                                                              but all of which came true.                                                                                                                                                  David L. Sloan                                                                                                                                                

Kew West_There's no place I'd rather be

Key West, There’s no place I’d rather be

Of poets and dreamers_SLOAN

Of writers, poets and pirates…

Write your worries in the sand

Write your worries in the sand… and let the sea wash them away

You can shake the sand off your shoes

Sand never leaves the soul…

Happines is

Toes in the water…

Home is where the ocean meets the shore

Where the ocean meets the shore…

sandy toes and salty kisses

Sandy toes and salty kisses!

Go jump in the ocean

Go jump in the ocean! – Can never be taken as an insult!

If you are lucky enough to be at the beach

if you are lucky enough to be at the beach…

On beach time

On beach time…

Beach rules

Beach rules…

Beach rules 2

And, more beach rules…

Captain's Rules

And, some Captain’s rules…

Crew knows best

The crew knows best!

same ship...different day

Same ship…different day! Not a good motto for a shipbroker!

No working on drinking hours

No working during drinking hours! – Well, how a shipbroker is supposed to get anything done then?

Dream require wide open seas

Wild dreams, open seas!

Inner compass

Inner compass!

Best ships are friendships

Best ships are friendSHIPS!

Shell warehouse

She sells sea shells by the sea shore! Key West!

Bart Roberts

‘In an honest service there is thin commons, low wages and hard labor; in this plenty and satiety, pleasure and ease, liberty and power… No, a merry life and a short one will be my motto.’                                                                                  Captain Bartholomew ‘Black Bart’ Roberts, Pirate

As legendary Steve Jobs once said: ‘It’s more fun to be a pirate than to join the Navy’!


 

© 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.

Shipping IPOs

Capital markets and shipping IPOs are once again a hot topic in shipping; high prospects and expectations from a new crop of shipping companies, quite a few now sponsored by institutional investors. Hopefully, this new round of shipping IPOs will manage to bring to the public markets a more distinguished management style than the shipping IPOs of the last decade.

Interesting article in the Tanker Operator magazine, June 2014 issue.

2014-05may-to-shipping-ipos-timing-quality

Tanker Operator article on shipping IPOs – May 2014

Please feel free to access the article in pdf here!

Trireme_picture JUN2014

A watchful eye in shipping!© 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 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.

 

Media Mentions for Basil Karatzas

We are taking pride to always be up-to-date with our business , and, if possible, a little ahead, as famously 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 recent articles where Basil M. Karatzas and Karatzas Marine Advisors & Co. were in the press:

Monetary controls in Greece squeeze consumers and business, June 29th, 2015, The New York Times. Basil Karatzas is quoted in reference to the impact of the bank closings and imposition of capital controls may have to the shipping industry. Link to a pdf version of the article can be found here.

Ships scrapped as freight rates fall, June 12, 2015, The Wall Street Journal. Basil Karatzas is quoted in reference to increased levels of demolition of older vessels in a weak freight environment and the impact on the shipping markets. Link to a pdf version of the article can be found here.

Costly bet on big cargo ships comes up short, June 1, 2015, the Wall Street Journal. Containerships have more than doubled in size in the last seven years, and ambitions are high for even bigger ships; however efficiencies are not always commensurate as the rest of the supply chain has to improve. Link to a pdf version of the article can be found here.

Financial distress plagues dry-bulk carriers, June 16, 2015, Daily Bankruptcy Review, Dow Jones. Article on page 10. With dry-bulk freight rates hovering at 30-year lows, most types of dry bulk vessels are operating below cash breakeven; once the seasonally slow summer is over, filings in the US and elsewhere can get a second wave.

Additional links to articles and media mentions for Basil Karatzas and Karatzas Marine Advisors & Co. can be found on the Shipping Finance by Karatzas Marine blog by following the link here.

Happy reading!


© 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 06JUN29 NYT Monetary Controls in Greece Squeeze Consumers and Businesses_HL

2015 06JUN13 WSJ Ships Scrapped as Freight Rates Fall_HL

2015 06JUN01 WSJ Costly Bet on Big Cargo Ships Comes Up Short_HL

2015 06JUN16 DAILY BANKRUPTCY REVIEW Financial Distress Plagues Dry-Bulk Carriers

Third party copyrights are fully acknowledged and attributed as stated or required.

Fairplay Feature

‘Fairplay’ Profiles Bail M Karatzas and Karatzas Marine Advisors & Co.

The January 8th, 2015 issue of the well-respected international shipping weekly publication ‘Fairplay’ (published since 1883) has honored in its weekly ‘Profile’ pages Basil M. Karatzas, CEO of Karatzas Marine Advisors & Co., and Managing Partner of Karatzas Maritime Capital Management. Karatzas Marine Advisors & Co., based in Manhattan, has been acting as shipbroker and shipping finance advisor to shipowners, institutional investors, banks and leasing companies worldwide. Karatzas Maritime Capital Management has been investing along its clients in transactions in the shipping and maritime sectors.

It has been a tremendous horor for the firm and its principals to be recognized so prominently in such well established trade publication and reflects on the progress, success and reputation the firm and its principals have been enjoying since the inception of the firm in 2011. The firm is extremely thankful and appreciative of the trust and support its clients have placed in its principals and business practices, and looking forward to successfully grow along its clients; ‘by doing always your best and placing clients’ interests first, success will come and that soon,’ as Basil Karatzas delights to remind in the office.

An online version of the article can be found by following the link herewith, while a pdf version of the story can be found herebelow:

2015 01JAN08 FAIRPLAY_Profile 8 Jan 2015 Fairplay p2_Page_2 Articles and documents in this posting are copyrighted material of Faiplay and IHS Fairplay 24.


 

© 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 01JAN08 FAIRPLAY_Profile 8 Jan 2015 Fairplay_copy

Third party copyrights are fully acknowledged and attributed as stated or required.

Spreadsheets, not buccaneers

Spreadsheets, not Buccaneers.

A brief history of the shipping markets through the profile of Basil M Karatzas, CEO of Karatzas Marine Advisors & Co, a ship brokerage and shipping finance advisory firm based in Manhattan, New York.  Original article first appeared on January 8th in IHS Maritime Fairplay magazine.

And your Beautiful Ships! Image source: Basil Karatzas

Beautiful Ships! Image source: Basil Karatzas

2014 in review

The WordPress.com stats helper monkeys prepared a 2014 annual report for this blog.

Here’s an excerpt:

The concert hall at the Sydney Opera House holds 2,700 people. This blog was viewed about 16,000 times in 2014. If it were a concert at Sydney Opera House, it would take about 6 sold-out performances for that many people to see it.

Thank you for reading!

Click here to see the complete report.