Capital Link - Your Link To the global Investment Community

"We are looking at a significant supercycle in tankers happening here sooner rather than later”

Comments Dr. Nikolas P. Tsakos, Founder, President & CEO of Tsakos Energy Navigation Ltd. (NYSE: TNP) during TEN’s Q4 & FY 2020 Earnings Calls

“The merger with Navios Maritime Containers is a transformative transaction for Navios Maritime Partners (NMM) carrying significant benefits from diversification and economies of scale”

Angeliki Frangou, NMM’s Chairman & CEO commenting during NMM’s Q4 & FY 2020 Earnings Call.

Positive Product Tanker Market Outlook 

Paolo d’Amico

Executive Chairman and CEO

dd’Amico International Shipping

March 11, 2020 - DIS Q4 2020 Earnings Call.

Martyn Wade, CEO, Grindrod Shipping (NASDAQ:GRIN)

2H 2020 Earnings Call

It Is The Time For Dry Bulk Shipping Again

 

Aristides Pittas, CEO, Euroseas Ltd (NASDAQ: ESEA)

4Q 2020 Earnings Call

Positive Outlook Of Container Shipping Sector

 

Petros Pappas, CEO, Star Bulk Carriers

February 18, 2021 - Q4 2020 Results - Earnings Call

We are extremely positive about the dry bulk markets

 

Rates and Charter Periods Continue to Improve - Constantin Baack, CEO, MPC Container Ships Optimistic on the Intra-Regional Container Shipping Market:

"With a slight time lag, charter rates also started to improve. Initially, for larger tonnage, but subsequently, also for smaller units and current rate levels are, in fact, significantly above 2019 levels. In fact, the charter market is booming and not only has the idle tonnage come down and the rates increased, also the charter periods have improved significantly.. Higher charter rates in combination with longer charter periods is extremely good for container tonnage providers and a good indicator of where the market stands” comments, CEO Constantin Baack of MPC Container Ships during its 3Q 2020 earnings call.

"Optimistic on Tanker Market Outlook"

Nikos Tsakos, Founder and CEO of TNP, during Q3's 2020 earnings call on November 23, expressed his optimism about the tanker market outlook:

“The epidemic, the dire market conditions and confusion on propulsion technology has created the lowest supply in tankers and vessels in general for a generation. Furthermore, I think that with the confusion of all the regulations coming out, shipowners very rightly so are preferring to slow steam rather than find other solutions in order to achieve the environmental targets, their emission targets that are being set as recently as last week by the IMO.

So in general, I have the feeling that, unless something really drastic, unless we get a third severe wave, and I'm knocking on wood, of the virus hitting us any time after Christmas, we are getting as close of being out of the woods as possible and better days are ahead of us.”

Wednesday, July 1, 2020, 9:00 AM EDT

The unprecedented challenges of the current environment have drawn attention again to the key role and function of Seafarers, who are the backbone of the maritime industry.When the world was in global lockdown, ships kept sailing, picking up and delivering cargo and keeping the global supply chain uninterrupted. This could not have been achieved without the endurance and commitment of the crews on board.But the issues related to Seafarers, who originate from several countries around the world, go well beyond the COVID-19 era. The shipping industry depends on the continued supply of well trained and well treated Seafarers who choose a maritime career.A top level panel of key stakeholders will discuss critical topics and initiatives related to Seafarers during the COVID-19 period and beyond, such as: 

An overview of the collaborative interaction among maritime organizations, unions and companies on issues and policies related to seafarers

The impact of technology and the digital revolution

The development of maritime education

Providing motives to choose a maritime career and making the transition from ship to shore

Panelists:

- Guy Platten, Secretary General - International Chamber of Shipping (ICS)

- Stephen Cotton, General Secretary - International Transport Workers' Federation (ITF)

- Capt. Belal Ahmed, Chairman - International Maritime Employers Council (IMEC); Managing Director - Western Shipping Pte Ltd, Singapore