Enterprises Shipping & Trading

Enterprises Shipping & Trading’s President Victor Restis published his opinions regarding shipping in the post-coronavirus era and low-carbon future. According to Enterprises Shipping & Trading’s President Victor Restis, the dry bulk sector has already been undergoing a drastic coronavirus recession that is pulling freight rates to historic lows. After the coronavirus pandemic, it is unclear whether countries will require a substitution to production sites and supply-chain pathways. According to Enterprises Shipping & Trading’s President Victor Restis, the United States has declared a transformation from dependency on China for products and equipments. Therefore, there will be an appealing design shift for the shipping industry, which depends profoundly on globalization. Enterprises Shipping & Trading’s President Victor Restis explained that maritime emissions account for 3% of global carbon dioxide output. In order to achieve a carbon-free environment, slow steaming is another solution that can be processed and executed reasonably by all parties concerned. According to Enterprises Shipping & Trading’s President Victor Restis,
the largest Greek ¬≠shipowners support slow-steaming option, and Victor Restis believes that the slow-steaming option requires serious re-evaluation. Enterprises Shipping & Trading’s President Victor Restis reckons that shipping will rebound, exceed its pre-coronavirus recession profit levels, and manage the challenging carbon reduction levels. 4-June-2020

 

Greek Victor Restis backed shipowner and operator Enterprises Shipping & Trading purchased 2012 built capesize bulk carrier 178K DWT MV Gotia for around $23 million from Hamburg based Orion Bulkers. Athens based Enterprises Shipping & Trading have acquired its first ship after more than two (2) years. Enterprises Shipping & Trading attempt to take advantage of the prevailing weak secondhand bulker market. MV Gotia is due for special survey (SS) in March 2022. Greek shipowner and operator Enterprises Shipping & Trading last time acquired a bulk carrier in January 2017. In January 2017, Enterprises Shipping & Trading acquired 2017 built ultramax bulk carrier 63K DWT MV Alora (ex MV Milos Island) for around $18 million. Currently, MV Alora (ex MV Milos Island) is worth around $17 million. Currently, Victor Restis led Enterprises Shipping & Trading has a fleet of 21 bulk carriers and 11 tankers. 9-May-2020