September 12, 2016 04:33 PM Eastern Daylight Time
NEW YORK–(BUSINESS WIRE)–Transparent commercial management platform, Galeon Navigation, today announced the launch of operations in the dry bulk market. Capitalizing on an experienced team with a proven track record in ownership, trading, operations, finance and capital markets, Galeon will offer a range of services to the dry bulk market including a revenue sharing platform in the geared sector and customized freight risk solutions for commodity traders.
“This is the right time in the market for Galeon Navigation to take advantage of the dry bulk cycle” “This is the right time in the market for Galeon Navigation to take advantage of the dry bulk cycle,” commented a company spokesperson. “A well-capitalized platform with no legacy issues and simultaneous presence in both the Atlantic and Pacific markets offers ship-owners, commodity traders, and charterers a fresh alternative in dry bulk.”
Galeon is the brainchild of a team of industry veterans with over 100 years of industry expertise across all aspects of the dry bulk market. The Singapore team includes Matthew Neal, Robert Heward, Gila Lucia Belau and Aksel Nadir; while in New York the team includes Alexis Zoullas, James Christodoulou, and Richard Montague.
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About Galeon Navigation
Galeon is a transparent commercial management platform for the dry bulk market that provides all clients with a comprehensive suite of commercial management services, from cargo procurement to vessel revenue optimization. Galeon’s core commercial management team collectively encompass more than 100 years of shipping and trading experience, across vessel ownership, trading, operations and capital markets. Management’s experience has roots in the largest trading houses, ship owners, and ship operators at the highest levels with proven track record of success. Our offices are located in Singapore and New York enabling us to cover the global market in real time.