Sustainability Demands Boosts the PCTC Newbuild Market at Chinese Shipyards
April 11th, 2023 According to data from Clarksons the Pure Car and Truck Carrier (PCTC) niche is outperforming the rest of the shipping market, with 38 newbuild PCTCs ordered in 2021 and 90 in 2022. The reason for this massive increase is caused by several factors: Limited capacity, increased production, and transport of new vehicles […]
Winner: Oil and Gas Middle East Award Highly Commended Sustainability Initiative of the Year.
Stephen Schueler, Chairman of European Maritime Finance and Inerfuel. Partnering with Purify Fuel and Nabors (Canrig) capture this year’s award for their nanO2 ESG combustion catalyst additive improving fuel consumption by 6 to 8% and decreasing CO2 and NOx by over 22%, Purify Fuel’s nanO2 ESG combustion catalyst and Nabors (Canrig), InerFuel’s global partners reducing […]
Atlas and EMF score profitable asset play with sale of aframax newbuilds
Atlas Maritime of Greece and Danish shipping investment firm European Maritime Finance (EMF) have achieved a lucrative asset play in a vibrant tanker market with two aframax newbuilds from South Korea. EMF, chaired by the former Maersk chief commercial officer and the current CEO of Enerjen Capital, Stephen Schueler, confirmed the sale of 115,100 dwt […]
European Maritime Finance (“EMF”) partnering with Atlas Maritime, announces the sale of two Eco type aframax tankers for a record $155 million dollars ($77.5 million each). March 1st, 2023
The Delaware Star and the Galveston Star are two of five original aframax new buildings, ordered from DH Shipbuilding “We are excited to announce the sale of two Eco type 115,100 -Dwt Delaware Star and Galveston Star, both built in 2023. These investments will provide a successful return for our customers and continue to build our long […]
Stephen Schueler, Chairman of European Maritime Finance, recognized with the “2023 Global Sustainability Award” for Supporting the Shipping Industry’s Transition to Cleaner Fuel
Stephen Schueler has been recognized with the “2023 Global Sustainability Award” for his efforts supporting the energy, aviation and shipping industries transition to improved sustainability and cleaner fuel. The shipping industry transitioned from heavy 3.5% sulphur fuel to the new more sustainable .5% fuel, reducing emissions by 85%. The fuel transition is having a significant […]
European Maritime Finance Chairman Stephen Schueler participates in the SEB Nordic Investor conference with industry leaders including Gram Car Carriers
European Maritime Finance participated in the SEB annual with global company leaders including Gram Car Carriers. Gram Car Carriers is one of the largest global car carrier companies in the world. Pictured: Stephen Schueler, Chairman, European Maritime Finance and Georg Whist, CEO of Gram Car Carriers. EMF is currently building 3 electric car carriers, capable […]
European Maritime Finance launches Green Electric Car Carrier (PCTC) investment 3 with a Scandinavia road show.
European Maritime Finance partnering with Atlas Maritime launches the third Green Car Carrier investment project with a Scandinavia Road Show. The first event was held at the historic Denmark Ship Owners Association (Danske Rederier) 100 year old building. The event was well attended by current and future potential investors. We are excited to launch our […]
European Maritime Finance (EMF) and the American Club welcome new US Ambassador to Denmark Alan Leventhal.
The event was held in Copenhagen to honor the newly appointed US Ambassador to Denmark Alan Leventhal and his wife Sherry celebrating the American Club’s 102nd anniversary, the second oldest American Club in the world. Ambassador Leventhal was credentialed as the United States Ambassador to the Kingdom of Denmark by Her Majesty Queen Margrethe II on […]
Car carriers feeling the heat from automakers on decarbonisation
Analyst says “there is pressure from banks” and “pressure from Volkswagen” in Stamford. Speaking on a panel at Marine Money Week in New York on Thursday, ABG Sundal Collier analyst Petter Haugen said automakers are looking to cut as much carbon as possible, including the carbon spent getting their products to end users. “Of all shipping segments, […]
Streetwise: Pyxis Tankers is not a fan of dilutive share deals, but some investors wonder
”It’s very easy to trace and all the car manufacturers want to know the carbon footprint,” he said. “The point is, they want to know and they want us to lower it so then they need to buy fewer carbon credits.” Liberty Global Logistics executive vice president Josh Shapiro said the spot market for car […]
