Recent Quotations in the In the Press of Basil Karatzas / Karatzas Marine Advisors & Co. on maritime matters
As LNG gets more abundant and cheaper and more widely available, modern cruise line companies reconsider LNG as fuel:
Bloomberg, April 19, 2019
From a recent presentation of Basil Karatzas at the New York Charter of the American Society of Appraisers (ASA), an article on the Workboat on financing in the Jones Act market:
Workboat, April 17, 2019
One of the most eminent U.S. shipbuilders for ocean-going tonnage, does not seem to have much leeway as newbuilding orders for Jones Act have dried up, at least for now:
The Wall Street Journal, April 17, 2019
Strong demand for newbuilding LNG tanker contracts, as LNG gains favor as the fossil fuel of the future and an ever increasing international gas market:
The Wall Street Journal, March 14, 2019
In a weak tanker freight market, market consolidation seem to be the name of the game:
Petroleum Economist, February 26, 2019
Investing in shipping loans, mostly by buying shipping loans in the secondary market, has been a promising strategy for many hedge funds - as shipping banks keep cutting down on their shipping exposure:
Reuters, February 20, 2019
At a time when newbuilding orderbook is slowing down (and, thankfully so), the merger of two of the world's largest shipbuilders, Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding and Marine Engineering (DSME), both based in S. Korea, is creating a behemoth that could corner the market at least in certain high-value sectors, such as LNG tankers, drillships, ultra-large containerships, etc
The Wall Street Journal, February 6, 2019
We are delighted that the expertise, market knowledge and credibility of Basil M Karatzas, CEO of Karatzas Marine Advisors & Co., have repeatedly recognized, as this is evidenced via numerous quotations by international, well-respected, and of course well-read, business and trade publications.
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