Council Members in this Study Group: 52
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Craig MarstonManaging Director
CEM Marine![]()
Craig Marston is Managing Director at CEM Marine, a firm providing consulting services in the maritime and shipping industry. Mr. Marston has more than 20 years of experience in the maritime industry, including Profit and Loss (P&L) responsibility for...
Managing Director
Maritime Solutions GB Ltd![]()
Godric Baron is a Managing Director at Maritime Solutions GB Ltd, which is his own Consultancy company specializing in Container Liner Shipping. Mr. Baron is an expert in all aspects of Container Liner Shipping with 29 years experience in the industry...
Managing Director
G G Lucas & Co Ltd ![]()
Geoffry Lucas is Managing Director of GG Lucas & Company, a specialist containership brokerage firm formed in 1980. He has over 45 years of experience in the shipping industry and has held many positions over this time period including the Ship Marketing...
Diran MajarianManaging Director
Amalia Tankers Inc![]()
Diran Majarian is the Managing Director of Amalia Tankers, a ship management company specializing in the transport of sophisticated parcel chemicals on the basis of international joint ventures with end-users. Mr. Majarian has over 30 years of experience...
Peter ShaerfManaging Director
AMA Capital Partners LLC![]()
Peter Shaerf is a Managing Director at AMA Capital Partners, a merchant banking and private equity firm in the U.S. exclusively focused on the maritime industry. He has almost 35 years of experience in the industry as first a shipbroker, then an investment...
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November 20, 2009
Aries rebuilding | www.tradewinds.no
New CEO Michael Zolotas and CFO Allan Shaw recently gave a presentation of their plans to turn around Aries Maritime (RAMS) and use it as a platform for growth. They talked about recapitalization, fleet mix, in-house technical management, chartering strategy, steamlined GA costs and the new management team. Their new focus is on dry cargo and product trades. They have dropped in six additional units from GrandUnion and recapitalized with US$ 36 equity and US$ 182 mio new debt. Let's evaluate.
Is Chinese demand for dry cargo as sustainable as industry analysts claim?
November 7, 2009
Fear the Dark Side of China's Lending Surge | english.caijing.com.cn
Despite the global financial crisis, this year has seen some revival in dry cargo rates, especially for Panamax and Capesize vessels. This has led to some renewed investor interest in the sector, notably by Peter Georgiopoulos. The investment thesis rests on Chinese growth potential. Chinese analysts tend to be more reserved. They see significant barriers to expansion in the hinterland and have mounting concerns over misinvestment and asset bubbles, jeopardizing future financial stability.
Rising risks of an asset bubble in China threatened by US stagflation
November 7, 2009
RGE - What Rebalancing of Chinese and American Consumption? | www.rgemonitor.com
China and the US are dealing with their imbalances either by exacerbating the very things that caused them in the first place. China entered the crisis with oneof the highest rates of misallocation of investment in recent times. With its enormous liquidity released for stimulus, China with waning export markets has become a giant Ponzi scheme, with money pouring into asset speculation. US expansionary monetary policies are leading to a stagflationary environment that will pop this bubble.
Berlian Laju taking its distance from Eitzen Chemical in the CECO Merger
October 25, 2009
Eitzen takeover a milestone for Asia | www.tradewinds.no
BLT plans to leave Eitzen Chemical as a separate entity and retain the previous management to run it. They will transfer Eitzen Chemical debt from the CECO holding company back to the subsidiary. As a deal prerequisite, CECO lenders must agree to waive all principal payments and loan covenants for a three-year period. Of the US$ 200 mio cash that BLT is required to inject in CECO, only US$ 50 mio will go to Eitzen Chemical. BLT will invest US$ 130 mio of these funds in Indonesian projects.
Georgiopoulos gives thumbs up to dry bulk in an opportunistic play
October 23, 2009
Wall Street darling Georgiopoulos nears first shipping IPO since June 2008 | www.tradewinds.no
Peter Georgiopoulos is aiming for an opportunistic asset acquisition play thorough Genco's (GNK) new Baltic Trading, which could seek US$ 230 mio in its initial public offering (IPO) with a plan to purchase five to seven vessels by the end of 2010. He is betting on recovery in this sector, carefully sheltering his existing dry cargo company Genco and he is demanding top dollar for his participation and management in the new venture.
| Study Group Name | No. Members |
|---|---|
| Intermodal Logistics Experts | 134 |
| Rail Shipping Service Experts | 155 |
| Intermodal Railcar Experts | 61 |
| Container Shipping and Freight Fowarding Services Experts | 68 |
| LNG Experts | 171 |
| Coal Industry Consultants | 101 |
| Railcar Leasing Experts | 121 |
| Iron Ore Mining Experts (North America) | 70 |
April 2, 2009 | New York
GLG Seminar: (NYC) Grain Shipping - Factoring in Transportation CostsOctober 14, 2008 | London
GLG Seminar: (London) Impact of Credit Market Crisis on Global Shipping IndustryJune 26, 2008 | New York
GLG Seminar: Dry Bulk ShippingLeading Experts in Container Leasing Professionals have not participated in any GLG webcasts.
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