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
Tuesday, February 4, 2014
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...
Thursday, December 19, 2013
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....
Wednesday, December 18, 2013
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 â€œSpinelâ€œ (Ex â€œAPL Spinelâ€) for demolition for a loss of $10.5 million.
Thursday, December 12, 2013
Monday, December 9, 2013
Wednesday, December 4, 2013
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:
Monday, November 25, 2013
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...
Monday, June 24, 2013
Wednesday, June 12, 2013
Random Thoughts On Excel Maritime’s Debt Restructuring
Troubled Athens-based shipping company Excel Maritime (EXM) revealed in yesterdayâ€™s press release one of industryâ€™s worst kept secrets: The company is insolvent.
Monday, June 10, 2013
Wednesday, June 5, 2013
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...
Sunday, May 19, 2013
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...
Tuesday, April 30, 2013
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...
Thursday, April 25, 2013
Diana Containerships – Lessons Learned From The Disposal of Maersk Madrid
Bruised investors could learn a thing or two.
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