The judgment delivered in London explicitly establishes the responsibility of charterers to bear the duration required for eliminating any fouling accumulated during a charter, regardless of when the vessel is returned. A legal decision has been made by the London High Court, holding the charterer accountable for the expenses related to hull cleaning after the ship has been redelivered. This dispute involved a Greek bulk carrier, which is under the control of Sea Globe Management & Trading, the bulker division of Greece’s Laliotis Group. Legal experts affirm that this ruling, favoring the shipowner connected to Laliotis, eliminates any ambiguity concerning the interpretation of the NYPE (New York Produce Exchage) Hull-Fouling Clause. In a recent case, a London High Court judge has ruled in favor of a shipowning client associated with Sea Globe Management & Trading, the bulker division of Greece’s Laliotis Group. The ruling pertains to a situation in which a charterer attempted to challenge an arbitration award that held them accountable for the costs of cleaning the hull after the voyage. 20-July-2023
Athens-based shipowner and operator Sea Globe Management and Trading Inc has achieved considerable profits from the sale of a pair of kamsarmax bulk carriers. Sea Globe Management and Trading Inc made a shrewd move in early 2016, purchasing these two kamsarmax bulk carriers at the market’s nadir, and now, nearly five years later, Greek shipowner and operator Sea Globe Management & Trading is reaping the rewards with a substantial gain on their sale. 27-February-2021
Athens-based Vassilis Laliotis-led shipowner and operator Sea Globe Management and Trading Inc stands on the brink of substantial profits as it embarks on its second attempt at selling a kamsarmax bulk carrier. Sea Globe Management and Trading Inc is likely to reap significant financial rewards should they succeed in flipping the kamsarmax bulk carrier 80K DWT MV Globe Danae. Sea Globe Management and Trading Inc of Greece is on the verge of nearly doubling the company’s investment in the kamsarmax bulk carrier, which Sea Globe Management and Trading Inc acquired two years ago, as the company now endeavor to find a new buyer for the ship. 20-March-2018
Athens-based Vassilis Laliotis-led shipowner and operator Sea Globe Management and Trading Inc acquired 2011 Japanese built supramax dry bulk carrier 55K DWT MV Poseidon SW for around $12 million from Wisdom Marine. In 2016, Greek Vassilis Laliotis led shipowner and operator Sea Globe Management purchased 2010 built panamax dry bulk carrier 80K DWT MV Globe Danae (ex MV Sadan K) and MV Globe Electra (ex MV Zeynep K) for total $20 million at a judicial sale. Currently, MV Globe Danae and MV Globe Electra estimated market value of more than $34 million. Athens based shipowner and operator Sea Globe Management is also listed with another 2 supramax dry bulk carriers built in 2008. In September 2017, Sea Globe Management sold 1995 built handymax dry bulk carrier 43K DWT MV Petra Star (ex MV Captainyannis L) for further trading for $4 million. 9-February-2018
Athens-based Vassilis Laliotis-led shipowner and operator Sea Globe Management and Trading Inc secures a pair of bulk carriers after the Turkish shipowner fails to pay the deposit. In a remarkable transaction, Greek shipowner and operator Sea Globe Management and Trading Inc has significantly expanded its tonnage by acquiring two modern kamsarmax bulk carriers that were auctioned in South Africa earlier this month. Konstantinos Dedopoulos, the managing director of Sea Globe Management and Trading Inc, confirms that his company is the proud purchaser of both 2010 built kamsarmax bulk carrier MV Sadan K and 2010 built kamsarmax bulk carrier MV Zeynep K at a combined price of approximately $20 million. 23-March-2016
Athens-based Vassilis Laliotis-led shipowner and operator Sea Globe Management and Trading Inc controlled 2008 built supramax bulk carrier 58K DWT MV Globe Trinco reemerged upon the Parana River, ensnared by Argentina’s draught restrictions in the very vicinity where MV Globe Trinco met its grounding. 2008 built supramax bulk carrier 58K DWT MV Globe Trinco under the management and trade of Greek shipowner and operator Sea Globe Management and Trading Inc has been successfully refloated in the Parana River, though the imposition of draught restrictions persists in the precise location where it previously ran aground. MV Globe Trinco shall undergo customary inspections following the incident, yet it is expected to obtain clearance for sailing within a few hours, according to Costas Dedopoulos, the adept managing director representing the Greek shipowner. 8-December-2016
Amidst the ascent of asset values, Athens-based Vassilis Laliotis-led shipowner and operator Sea Globe Management and Trading Inc, has swiftly acquired another supramax bulk carrier adding to built supramax bulk carrier growing fleet. Greek shipowner and operator Sea Globe Management and Trading Inc reportedly expended approximately $13.5 million to purchase the 2008 Tsuneishi-built supramax bulk carrier 58K DWT MV Nord Reliable from Japanese shipowner and operator Daiichi Chuo Kiesen K.K. Should this reported deal come to fruition and receive confirmation, it would undoubtedly be a judicious move. A mere five weeks earlier, Sea Globe Management and Trading Inc acquired the 2008 Tsuneishi-built supramax bulk carrier 58K DWT MV Nord Liberty, a sister vessel to MV Nord Reliable, from yet another Japanese shipowner. 30-July-2015