TTB: How can Jones Act operators find financing solutions that work?
Written by Nick Blenkey
Basil M. Karatzas, founder and CEO of Karatzas Marine Advisors & Co.
In a tough market, how can inland and coastal operators finance projects such as newbuilds needed when the costs of Sub M compliance make keeping older tonnage on the water increasingly expensive?
Among the speakers at Marine Log’s TTB – Tugs, Towboats & Barges event will be Basil M. Karatzas, founder and CEO of Karatzas Marine Advisors & Co., a shipping finance advisory and ship-brokerage firm based in New York City. His topic: “Finding access to capital for brown water Jones Act operations.”
Karatzas has diverse maritime industry expertise in the fields of shipping finance, port operations, charterers’ and husbandry agency, charter and ship brokerage, and vessel management and operations. In an advisory capacity, he has originated and executed multiple finance-oriented transactions in shipping such as sale & leaseback transactions, private placements for equity, mezz, debt and structured finance.
To be held at the Renaissance Mobile Riverview Plaza in Mobile, Ala., March 24 & 25, TTB will build on our previous TUGS & BARGES events but with expanded waterways industry coverage.
Check out the program and register to attend HERE
