Atlantides Shipping is dealt with complicated shipping projects at a worldwide range
The role of shipbroker is more apparent than ever today despite the development of internet and the new technology. Sharing this view Mr. Ioannis Kardaris, Chairman of Atlantides Shipping Co. steers his company 30 years now with consistency and integrity, rendering services of high quality and providing feasible solutions. Mr. Kardaris describes the activities of Atlantides Shipping and forecasts the next day of the shipping market.
-Are you involved in all aspects of shipbroking services? Have you developed partnerships in order to expand and strengthen your worldwide activities?
-During the operation of our company for thirty years now, we have been involved in several different fields of shipping such as S&P, mainly in ropax, roro cargo, Ro-Lo vessels and cruises, chartering, operation ship management and ship repairs, which has offered to us a long experience. Also, due to our cooperation with some of the most well known and reputable companies, as NEWSPHONE HELLAS S.A. (“11880”), NAVIERA PARAGUANA of Venezuela, KELLOG of USA, IHI of Japan, KERZNER of Dubai, NAKHEEL of Dubai, TDIC, AL JABAR SERVICES, TYROGALAS MARITIME of Greece we have dealt with complicated projects worldwide and we have created a highly reputable Group, which allows some of the biggest shipping and tourism companies around the globe to trust us and give us exclusivity in shipping sales, management and travel.
-On the other side the tanker market has performed very well in the last 3 years. What are the future prospects of the sector in the medium term period?
-It is fact that the tanker market is steadily moving towards better days, reflecting improvements on tanker market fundamentals and higher fleet utilization compared to the previous years. Forecasts from the field of shipping report that this continuing increase of tanker demand is going to be solid. If these forecasts are correct, the impact on the tanker market will largely be positive, at least in the short term. Tanker demand will benefit from incremental growth in crude exports, while oversupplied oil markets increase the likelihood of continued
operational and forced tanker storage.
-Despite the rapid development of the new technology through the internet and smart software, shipbroking activities are still based on trust and in-depth knowledge of
the market. Do you share the same opinion?
-Definitely the internet has disrupted the way customers find their products and services forever. Customers now, at a click of a button or tap on their smartphone, are able to access a world of information about almost anything. But it is impossible the valuable role of a Shipbroker in shipping market to be replaced by the new technology. Shipbrokers play a crucial role in any sort of s&p transactions, understanding the needs of the clients and concluding successfully the transactions. The shipbroker helps shipping
companies penetrate into new regions. Also, given the fact that the risk dominates the shipping area, the need of persons and activities that are able to undertake the management of any urgent situation is more apparent than ever.
– The strict regulatory framework in GHG emissions, sulphur fuel cap 2020 and BWM convention may be having a significant effect on world trade and marine market equilibrium. How do you face this perspective?
– Definitely all these kind of regulations and practices, have been decided and determined to reduce harmful impacts on the environment. These regulations seek to control emissions from ships and their contribution to local and global air pollution, human health and environmental problems are undoubtful. Personally, I believe that it is extremely necessary these practices to be followed in a way that an equilibrium remains between the protection of the environment on the one hand and the shipping industry on the other hand.
-The dry bulk market exits from a period of excessive supply of tonnage and now the market is being balanced. Do you believe that this equilibrium will be sustainable and solid?
-Due to the current crisis in dry bulk market, and following the publishing of the analysis the “road to recovery”, it is difficult to
have an optimistic outlook for the coming years in dry bulk shipping. The industry is in charge of its own destiny, each and every shipowner must take tough decisions to help deliver, at a minimum, year on year “zero supply side growth”. This is where shipowners stop ordering new tonnage, and there are at least as many ships demolished as delivered, something achieved in the dry bulk industry only three times in the last 35 years. Not only must the dry bulk shipowners resolve the supply situation, but they must also face up to the substantial changes needed to their business in a rapidly evolving macro-economic environment affecting future demand. This may well be intimidating for those involved, and many may choose to take their dwindling capital elsewhere.
– On the occasion of Pireas 2017 shipbroking international gathering can you refer to the shipbrokers’ future challenges and trends and what are the plans of your company?
– The shipbrokerage business presents constant challenges, but profits are harder to come by. In my opinion the most challenging is the role that the brokers have into facilitators and mediators looking to satisfy all parties and somehow steering them towards a mutually beneficial agreement. With shipowners “contract-making, along with
a smattering of knowledge, is simply not enough anymore”. For this reason our company will continue strengthening its position nationally and internationally with its constant efforts to render services of high quality and provide superior and at the same time feasible solutions to the most complicated issues.