Basil Karatzas

Basil Karatzas is the founder and CEO of Karatzas Marine Advisors & Co. a shipping finance advisory and ship brokerage firm based in Manhattan, New York. He can be reached at [email protected], or via LinkedIn.


Wednesday, September 23, 2015
Maritime News

Bulk Insight: Looking for Treasure Ships in China

  In a very interesting recent transaction in the dry bulk market, Sea Traders of Greece has acquired at auction in China eight modern dry bulk vessels, three kamsarmaxes and...

September 23, 2015
Total Views: 14

Sunday, July 19, 2015
News

Turbulent Waters in the Country of the God of Shipping

  In Greek mythology, Poseidon was the god of the waters and oceans, and bearing a trident, he was riding imperially in a sea-chariot or playfully accosted by dolphins about...

July 19, 2015
Total Views: 20

Sunday, May 10, 2015
Maritime News

Smart Investments in Shipping

At a recent shipping conference, we were asked to present on the topic of smart investments in shipping given the present phase of the business cycle. The shipping industry is...

May 10, 2015
Total Views: 6

Friday, April 17, 2015
dry bulk carrier ship shipping
Maritime News

Baltic Dry Index has been flirting with all time lows – Isn’t that good news?

Visiting with clients in shipping during recent trips to Europe, one can positively see the angst and anguish emanating from the state of the dry bulk market. Most segments of...

April 17, 2015
Total Views: 21

Sunday, March 22, 2015
capesize dry bulk iron ore
Maritime News

Short Thoughts on the Dry Bulk Market

The last couple of weeks have brought the slimmest hope that springtime may be forthcoming for the much beleaguered dry bulk market; we are not talking about signs of an...

March 22, 2015
Total Views: 3

Saturday, March 14, 2015
private equity
Finance

Shipping, Private Equity and the Theory of Agency

The involvement of the private equity in the shipping industry has consumed plenty of ink and has rekindled not too little of a hope for an industry in distress; since...

March 14, 2015
Total Views: 20

Sunday, November 16, 2014
black ship silhouette
Finance

Private Equity’s Black Ship

Since the beginning of the shipping crisis, it seems fewer topics have drawn more attention than private equity (PE) funds interested to invest in shipping. When capital markets and shipping...

November 16, 2014
Total Views: 3

Wednesday, November 12, 2014
ship rudder propeller stern drydock
Finance

Shipping Lending’s Good, Bad and Ugly

Six years into the shipping crisis, the debate still rages whether there is light at the end of the tunnel. There have been market gyrations among market segments and asset...

November 12, 2014
Total Views: 30

Sunday, September 28, 2014
Vale Rio de Janeiro vloc
Maritime News

Valemax Vessels and Risk, Whether of Execution or Political

In May 2008, capesize vessels – hard to believe now – were averaging $155,000 pd on the spot market, while the ‘front leg’ of the trade Tubarao (Brazil) to Qingdao...

September 28, 2014
Total Views: 257

Wednesday, September 24, 2014
salt flat Altiplano salar de uyuni Bolivia
Blog

The Salt of the Earth

There are crocodile tears, but salt tears are always the ones that are genuine, memorable, passionate and sometimes pedagogical. It has been said that the cure for everything is salt,...

September 24, 2014
Total Views: 82

Sunday, July 6, 2014
ss hellas liberty
Blog

The Indispensable Liberty Ship

We often tend to pay special honors, and rightly so, to the crucial battles that took place at decisive moments and changed the course of a war or possibly history,...

July 6, 2014
Total Views: 126

Friday, June 20, 2014
Blog

Reflecting on Posidonia 2014

For once, attendance has set a new highmark and reconfirmed Posidonia as the premier event of the shipping industry, and by association, Greece as a major shipping cluster.

June 20, 2014
Total Views: 3

Friday, April 25, 2014
cutty sark
Blog

How to Name a Ship

In 1936, Cunard White Star Line Limited’s chairman Sir Percy Bates was granted an audience with King George V to inquire about a sensitive matter, to get the king’s consent...

April 25, 2014
Total Views: 8367

Tuesday, April 8, 2014
ss united states
Blog

SS United States: America’s Flagship, Historic Maritime Artifact and Engineering Marvel

She was built as an unsinkable ship, a claim allegedly attributed to Bruce Ismay, the managing partner of the White Star Line, the direct shipowning company of the famous RMS...

April 8, 2014
Total Views: 170

Monday, April 7, 2014
port hole ship
Finance

A Porthole of an Exit Window for Shipping Investments?

After a year where large vessels such as capesize bulkers and supertankers were barely earning break-even day rates, momentum has since picked up in the shipping market translating to higher...

April 7, 2014
Total Views: 5

Tuesday, January 21, 2014
teekay kareela spirit aframax tanker
Maritime News

Peeling the Risk Onion Back: Teekay’s New Tanker Investment Company

Earlier today, January 21st, 2014, Teekay Tankers Ltd. (NYSE:TNK) and Teekay Corporation (NYSE:TK) announced the creation of Tanker Investments Ltd. (TIL) with the intent ‘to opportunistically acquire, operate and sell modern secondhand tankers to...

January 21, 2014
Total Views: 16

Sunday, January 12, 2014
maersk nautilus tanker vlcc crude carrier
Maritime News

Shipowners Make Big Bets on Markets and Evolving U.S. Export Policies

With the holidays behind us, shipping slowly returns to daily routine of moving cargoes (we should never forget what shipping is all about) and everyone having a stake in the...

January 12, 2014
Total Views: 67

Monday, January 6, 2014
sunset sea ocean weather red sky
Evergreen

Red Sky in the Morning, Sailors Take Warning… And Other Nautical Lore Sayings

Ever since people tried to navigate the seaways, the prevailing weather has always been very crucial to the success of expeditions. To steer away from trouble like storms and hurricanes,...

January 6, 2014
Total Views: 3191

Tuesday, December 31, 2013
East Indiaman Götheborg
Blog

Early 18th Century Sailing Onboard the Götheborg

Tall ships are the last few living objects of ages past, like hands with long arms protruding from the past to our times, like long piers coming to our life...

December 31, 2013
Total Views: 173

Wednesday, December 25, 2013
american petroleum tankers golden state
Finance

Private Equity Investing and the Jones Act

In a week expected to be dominated by otherwise routine festive celebrations, Kinder Morgan Energy Partners, L.P. (NYSE: KMP) announced that it has entered into a definitive agreement to acquire...

December 25, 2013
Total Views: 54