Lambros Papaeconomou

Lambros Papaeconomou is the principal of NYFEX Asset Management LLC, an independent equity research firm specializing in the shipping industry. Lambros has studied Naval Architecture & Marine Engineering at National Technical University of Athens and has an MBA from Haas Business School at UC Berkeley. He lives in Darien, CT with his wife Deborah and their two children, Olga & Dimitris. Lambros is a proud member of Darien Volunteer Fire Department.


Wednesday, February 5, 2014
News

The Coming IPO Of Diamond S Shipping Group

A new year, a new shipping IPO by private equity investor Wilbur Ross.

February 5, 2014
Total Views: 9

Tuesday, February 4, 2014
scorpio bulkers
finance

Scorpio Bulkers Signs Charter-In Agreements For Five Dry Bulk Vessels

Less than a month after its largest new-building order and a fully subscribed IPO, Scorpio Bulkers Inc. (SALT) has struck again, albeit more modestly.  This time it announced the leasing...

February 4, 2014
Total Views: 6

Thursday, December 19, 2013
osg
finance

OSG’s Tax Liability $199 Million Less Than Previously Thought

Beleaguered tanker company Overseas Shipholding Group Inc. (OSG), saw today its stock jumping 36%, amid very heavy trading. The stock closed at $6.05 per share, up $1.60 for the day....

December 19, 2013
Total Views: 2

Wednesday, December 18, 2013
Maritime News

Diana Containerships Sells 18-Year Old Panamax for Demolition, and at a Loss [ANALYSIS]

Diana Containerships Inc. (DCIX) took everybody by surprise, announcing the sale of its 18-year old Panamax containership “Spinel“ (Ex “APL Spinel”) for demolition for a loss of $10.5 million.

December 18, 2013
Total Views: 10

Thursday, December 12, 2013
finance

Scorpio Bulkers Raises $305 Million in NYSE Debut

Scorpio was able to raise $305 million in gross proceeds.

December 12, 2013
Total Views: 8

Monday, December 9, 2013
scorpio bulkers
finance

The Coming IPO of Scorpio Bulkers Inc.

This week I turn my attention to the coming IPO of Scorpio Bulkers Inc., an ambitious dry-cargo start-up led by the same management team as Scorpio Tankers Inc. (STNG).  Scorpio...

December 9, 2013
Total Views: 16

Wednesday, December 4, 2013
Maritime News

Star Bulk Carriers Corp. – A Case Study on Private Equity Groups (Part II)

Last week I had the opportunity to do a case study on Navigator Holdings Ltd., and how WL Ross & Co. recapitalized the privately held shipping company prior to its successful IPO. This week I will look at a different strategy:

December 4, 2013
Total Views: 62

Monday, November 25, 2013
wilbur ross
finance

Navigator Holdings Ltd. – A Case Study on Private Equity Groups

The foray of private equity groups in the shipping industry has been a focal point of discussion in industry forums, ever since the high-profile investments by celebrated investor Wilbur Ross...

November 25, 2013
Total Views: 20

Monday, June 24, 2013
News

Insider’s Perspective: Marine Money Week – Part I

I had the opportunity to attend Marine Money Week in New York last week, the industry’s premier trade show for all things related to ship finance. Here is what you may have missed.

June 24, 2013
Total Views: 4

Wednesday, June 12, 2013
Maritime News

Random Thoughts On Excel Maritime’s Debt Restructuring

Troubled Athens-based shipping company Excel Maritime (EXM) revealed in yesterday’s press release one of industry’s worst kept secrets: The company is insolvent.

June 12, 2013
Total Views: 27

Monday, June 10, 2013
safebulkers safe bulkers
finance

Safe Bulkers Preferred Shares Priced At 8%

Last Wednesday I wrote an article about the epidemic, more like trend to be exact, of Greek shipping companies issuing preferred shares to boost their equity capital.  As per my...

June 10, 2013
Total Views: 23

Wednesday, June 5, 2013
safebulkers safe bulkers
finance

Preferred Shares For Sale From Greece’s Finest Ship Owners

Tired of staid common shares?  Looking to spice up your day-trading life? How about some Series-B Cumulative Redeemable Perpetual Preferred Shares? (I cannot wait for the Series-A version).  This is...

June 5, 2013
Total Views: 6

Sunday, May 19, 2013
safebulkers safe bulkers
Maritime News

Safe Bulkers: A Success Story in an Otherwise Uninspiring Dry Bulk Shipping Market

Safe Bulkers Inc. (SB) is a rare gem among the doom and gloom surrounding high-profile dry-cargo shipping companies.  SB owns a fleet of 26 dry-cargo vessels, plus eight vessels under...

May 19, 2013
Total Views: 12

Tuesday, April 30, 2013
finance

Baltic Trading Limited Continues to Tread Water – Q1 2013 Earnings Preview

New York-based Baltic Trading Limited (NYSE:BALT) is a publicly traded dry cargo company which operates a fleet of 9 dry cargo vessels, consisting of 3 handysize vessels, 4 supramaxes, and...

April 30, 2013
Total Views: 2

Thursday, April 25, 2013
maersk madrid
finance

Diana Containerships – Lessons Learned From The Disposal of Maersk Madrid

Bruised investors could learn a thing or two.

April 25, 2013
Total Views: 30