Aristotle Onassis in 1946 just married Athina, the daughter of the major Greek Owner: Stavros Livanos. At the end of the WWII hundreds of Liberty Ships used for the war effort are waiting to be sold at or below their scrap price value. With extremely accommodative financing terms, Aristotle Onassis has bought 16 of these ships.
Later, Hans Dieter, chief architect at Hamburg’s shipyards came to present a new project to Onassis in New York. Onassis will embrace the idea and will start carrying oil from Petroleum-rich countries to the western economies.
Today, this story is not very stranger to what people essentially do in the tanker industry ( financing, building and finding imbalances).
ROBERT BUGBEE, SCORPIO GROUP
The well-known financier bought OMI, a $50M market-cap company and turned it over $2Bn.
PETER “The Banker” EVENSEN, TEEKAY CORP
All credits to Tanker Shipping & Trade, Industry leaders 2014
Other TOP GUNS
Νίκος Τσάκος, President and CEO, Tsakos Energy Navigation (TEN)
Nicolas (Nic) “the Trader” Busch, co-founder and CEO Navig8
The most influential asian private owner Who is he ?
-The Trade Shipping and Finance Wizard © 2014
Navigating the commodities markets with Freight and Spreads