The family has 47 years experience in the shipping industry with a history of profitability through various shipping cycles generated from efficient operations and well timed sale and purchase decisions.
Investment
CONSIDERATIONS
- Shipping represents a distinct investment opportunity with favorable risk/reward characteristics and low correlation with other asset classes.
- During its involvement in shipping, the Company has built excellent customer relationships among charterers, bankers, insurers and brokers. References on the Company and its principal are available and exhibit not only prudent management but also execution of a successful S&P strategy.
- Strong balance sheet provides financing flexibility for future expansion.
47 YEARS EXPERIENCE
IN THE SHIPPPING INDUSTRY
CAPITAL GAINS FROM S&P ACTIVITY
PURCHASE
SALE
PROFIT
Vessel
Date
Price
Loan
Equity
Date
Price
Capital Gain
Equity Gain
ROA
ROE
MANA
NOV-99
1.720.000
1.100.000
620.000
SEP-04
3.750.000
2.030.000
2.650.000
118%
427%
MYRTO
APR-00
4.950.000
4.668.000
282.000
DEC-04
13.780.000
8.830.000
9.112.000
178%
3231%
RONY
AUG-00
1.550.000
1.550.000
0
MAR-04
2.800.000
1.250.000
1.250.000
81%
infinite
THEODOR
NOV-00
1.970.000
1.168.000
802.000
OCT-08
5.050.000
3.080.000
3.882.000
156%
484%
PANAGIA TINOU
OCT-01
4.500.000
2.900.000
1.600.000
JUL-06
7.370.000
2.870.000
4.470.000
64%
279%
AGIA PISTI
MAR-02
3.250.000
2.900.000
350.000
MAY-04
9.500.000
6.250.000
6.600.000
192%
1886%
AGIA FLOGA
DEC-02
4.750.000
3.652.500
1.097.500
MAY-04
11.400.000
6.650.000
7.747.500
140%
706%
DEMETRIOS
AUG-03
3.200.000
2.800.000
400.000
SEP-04
8.770.000
5.570.000
5.970.000
174%
1493%
AGIA PISTI
JAN-14
3.475.000
MAR-17
7.400.000
AGIA SKEPI
JUL-15
4.179.492
JUL-22
10.850.000
1. The above table includes a number of selective S&P decisions without taking into account the profitability returns from vessels'operations.
2. The above capital gains returns are absolute total and not compounded