Πέμπτη, 16 Νοεμβρίου 2017

Greek Ordeal Investments...

An incredible story of a French hotelier; Laurent Morel-Ruymen, one of the founders of Mare e Terra, an environmentally conscience luxury hotel and residence development group very much fell in love into yacht ownership by chance...

But dealing with the Greek Authorities proved quite a challenge...

is a summary of the full interview that can be found on ''The Super-yacht Report''

By his own admission, the purchase of Menorca was a gamble for hotelier Laurent Morel-Ruymen and his business partners. The Frenchman, one of the founders of Mare e Terra, an environmentally conscience luxury hotel and residence development group that operates in Menorca, very much fell into yacht ownership by chance. In June 2015, instead of going for a siesta after lunch, Morel-Ruymen started meaninglessly browsing the Internet, as he sometimes does, looking at classic cars and classic yachts.

“It was nothing serious other than to have my mind thinking about something else,” he remembers. “I have always loved the canoe-stern yachts and suddenly I saw this beautiful yacht, named Zurga, that had a chimney and a canoe stern a bit like Christina O, being advertised for sale in Greece. I then looked at the price and thought it was a joke!”

His interest aroused, Morel-Ruymen responded to the advertisement and spoke to a Greek broker, who explained the boat was to be sold at auction within two weeks and gave him the contact details of a Greek lawyer for more information. The lawyer then told him that the boat had been put up for sale after being arrested by the Greek authorities but added that the auction had been postponed numerous times because the owners had been able to block it. However, because of the situation in Greece, the government needed money and the lawyer believed that this time the auction would go ahead.

As a reminder, June 2015 was a very unstable time in Greece. The country’s government-debt crisis was threatening a possible departure from the European Union and Greek citizens were having their bank accounts blocked. “It was complete chaos, so I did seriously question whether it would be sensible to go any further with the idea,” Morel-Ruymen continues. “But the next day I was still very excited by the thought, so I called my two partners with whom I develop hotels and asked them if we should buy the yacht.”

Thinking that they would dismiss the idea immediately, Morel-Ruymen was surprised when they told him to go to see the yacht in Greece and, if he thought she looked good, to go for it. The next thing he knew, he was on a flight to Greece where a broker was waiting for him at the airport. This was to be the first of many hurdles: the broker told him they were not allowed to visit the yacht, as per the terms of the authorities, and also there was no survey available.

“I was expected to buy her in a box,” Morel- Ruymen laughs. “I couldn’t do that, so I asked the broker to take me to the marina where the boat was docked, completely shut up, and we asked the marina manager to look the other way. I entered the boat through a broken window on the wheel- house and started looking around commando-style, using my iPhone as a torch. That was the only way I could visit Zurga!”

Morel-Ruymen then had to ask himself, with his very limited experience in yachting, how he could form an opinion about the condition of the boat. “I thought, I know about hotels and restaurants, so therefore I know a good kitchen when I see one,” he explains. “I went straight to the galley to see the installation and to determine what type of investment the owners put in when the yacht was rebuilt in 2003. There I saw a top-notch, professional galley, which I knew would have required a huge investment. I then looked all over the yacht and I loved the way she looked. The only negative was that she was sitting very low in the water because a big crane and all the toys were crammed on to the sundeck, but I wasn’t too stressed about that.”

The next problem was to consider the financial and political climate in Greece. As per the terms of the auction, in order to bid, Morel-Ruymen would have to send money in advance to a Greek bank and this troubled him. He called a couple of French bankers for advice and they recommended that if the money was to be immediately taken out by a lawyer in the form of a cheque to be presented at the auction, there shouldn’t be too much risk of it being blocked.

“I arrived at the auction and there were only four people in the room,” Morel-Ruymen continues. “I think the other bidders realised quite quickly that I was very serious and soon they all stopped bidding, so we won. But as soon as we went to leave the auction room, two lawyers approached me. They told me that they were representatives of an American yacht owner who wanted to buy Zurga – he didn’t want to send money to Greece, but he was happy to buy the yacht from me for 50 per cent more than I had paid.” Morel-Ruymen thanked them but said the boat was not for sale.

However, the ordeal did not end there. Even with proof of the result of the auction from a judge, the Greek authorities would not release the boat. The formalities were so shrouded in corruption and bureaucracy that Morel-Ruymen had to have a lawyer working solidly for four months to resolve the case. Finally, in October 2015, he was able to move the yacht to start her 18-month refit at Atlas Shipyard in Greece.

A very important part of the brief for Menorca’s refit was to preserve her rich history and get her back to her classic 1960s aesthetic, which had been diminished slightly during her 2003 rebuild. She had been owned by Baron Allard of Belgium until his death and her last owners were the heirs of Greek shipping magnate John Paul Papanicolaou (who had, interestingly, also bought Christina O at the same time as Zurga). “There is a long list of people who were chartering her, including royalty, nobility and industry captains,” says Morel-Ruymen. “She really is a part of the history of the Mediterranean.”

Taking time out from the hands-on management of Mare e Terra’s core business, Morel-Ruymen was heavily involved in Menorca’s refit. He recalls how the crew would often find him sanding something with a face mask on and mistake him for one of the yard workers. His first priority was to ensure that all the excess weight, including a Jacuzzi, was removed from the sundeck to get her back to her correct waterline. “Now she sits proudly in the water,” he enthuses. “That was really important for me, so that she stands like a classic and you can enjoy the aesthetic of the canoe stern to its full potential.”

Morel-Ruymen’s involvement did not falter on the interior-design front either. He and his team at Mare e Terra took this on themselves, using their extensive experience of creating stylish but understated spaces in the group’s hotel and residential projects. Their mantra for the preservation of nature and human heritage is also illustrated in the yacht. The result is quite unlike any other yacht’s interior on the water today, as a Belgian-meets-The Hamptons aesthetic runs throughout the boat, creating a beach-house feel that meshes well with her island-chic setting in Menorca.

For Morel-Ruymen, the main purpose behind the purchase and refit of Menorca was to charter her out seriously. While the charter business won’t technically be linked to the Mare e Terra group, the boat’s name, Menorca, has been carefully thought out to tie in with it. “The yacht is part of the business in the way that it makes a lot of sense to have Menorca the island being promoted in all of the ports around the Mediterranean,” he says. “I see it as a way to advertise the island, which we have business interests in.”

Τρίτη, 15 Νοεμβρίου 2016

Killing me softly with your... powerpoint

Based on the famous presentation ''Death By Power-point'' by  David Philips (which was indicated to me by Ib) and while I am preparation my own version...

''Killing me softly with your ... PowerPoint''
By Philip(s) Nielsen !!!

1. Say more by Showing less
2. You led the way not Powerpoint
3. Do you want them to look at YOU or the SCREEN
4. Be big-bold-bright
5. Tell me what you will tell me - TELL ME - Tell me what you told me

to be continued...

Have a look at this guy:

Τετάρτη, 26 Οκτωβρίου 2016

eVacuate 2016 - see how to use technology in a clever manner

The eVACUATE project, started 3.5 years ago. It addresses the needs of the safety of citizens during complex evacuation processes following normal and abnormal events (crises) towards the creation of a holistic system that will be able to identify, designate and sustain a dynamic Active evacuation Route under any circumstances. http://www.evacuate.euIn this video, you can get a taste of how large scale crowd evacuations can be managed in real-time in football stadiums. The venue of this pilot activity was the Anoeta Stadium of Real Sociedad.

Follow your PASSION or do what gives you JOY ?

Παρασκευή, 15 Απριλίου 2016

Think what you HAVE and not what you DONT have

Yesterday it was my birthday. This is my birthday present. This is the best birthday present I ever got and will ever get. I am among the very lucky and few people on the planet that just have small everyday financial, personal problems and sports injury problems. See the people in the 2 short videos, we made earlier this week (for Danish television TV2), they are ordinary people. Just like you and me. After hearing from Mohamed and Anas how they were chased by ISIS and shot by soldiers, they talked about the hardships of their journey to Turkey and the unknown situation in Greece where they have no place to stay, no dry cloths, no food... When we asked: ''so now that you have left, is there no returning home...'' He looked straight into my eyes and said: ''Home? there is NO home, it has all been destroyed...''

Πέμπτη, 28 Ιανουαρίου 2016

Παρασκευή, 15 Ιανουαρίου 2016

This Stunning Ad Shows Why We Need War Reporters Now More Than Ever

A new 80-second video from Paris agency BETC for nonprofit Reporters Without Borders deftly contrasts state propaganda with on-the-ground war-zone imagery to make the case for one of the organization's key missions: Assisting and protecting the journalists who report on conflicts around the world. 
It opens with a cheerful declaration from one TV commentator. "And now it's time, folks, to have a parade!" he cries, punctuating his enthusiasm with a punch in the air—a surreal frame-up for the jarring montage that follows.

Τετάρτη, 13 Ιανουαρίου 2016

Greece: Ship owners invest $7.13 billion in second hand vessels and place orders for 160 newbuildings in 2015

Ship owners from Greece have ended 2015 as the “leaders”, when it comes to investing in new vessels. In total, according to figures compiled from Allied Shipbroking, shipowners from Greece were leaders when it came to their activity in the S&P market. In particular, they invested a total of $7.13 billion for the acquisition of all types of ships.
In second place came ship owners based in the UK, with a total investment of $2.14 billion, while the Chinese ship owners came in third, as they invested $1.59 billion. Globally, ship owners during 2015 bought 1,351 ships in the S&P market, with a total deadweight capacity of over 90 million dwt, versus 1,523 ships of 93.82 million dwt a year ago.
The total value of the traded vessels stood at $28.3 billion versus $25.8 billion a year ago, although not all deal details have been made public.Greek owners bought twice as much bulkers as tankers, but at a lower cost. According to Allied’s data, owners acquired 156 dry bulk carriers for a total investment of $2.17 billion, 82 tankers for a total of $3 billion and 27 container ships worth $524 million.
They also bought 11 Gas carriers for a total price of $1.29 billion. In total the number of vessels acquired stood at 287 out of the 1,351 which were traded worldwide. Their share of the global SnP market for 2015 stood at 14.18% which is the highest and represents an increase versus the 12.8% market share of 2014.It’s worth noting that Greek owners were responsible for the 38.18% of dry bulk carriers acquired (in dwt terms), against a similar share of 34.13% last year.
In the tanker segment, they also bought 25.11% of the dwt capacity which was sold globally, versus 22.4% the year before.Of course, shipowners from Greece were also sellers in the S&P market. In total, they sold 174 ships for a total price of $3.5 billion, which means their net investments in the secondhand market stood at approximately $3.5 billion, which led to a net addition of 113 ships to the Hellenic-owned fleet.
Owners sold 104 dry bulk carriers for little over $1 billion, as well as 50 tankers for a total consideration of $2 billion.
NEWBUILDINGS In the newbuilding markets, shipbrokers estimate that Greek ship owners placed orders for a total of 135 new vessels, with an aggregate capacity of 15.52 million dwt. This equates to a market share of 29.6% of the global newbuilding market, versus 26.2% a year before. During 2014, they had placed orders for 160 newbuildings with a capacity of 16.5 million dwt.
The majority of these orders were for tankers, as the dry bulk orders stood at just 19, versus 56 in 2014. On a global basis, ship owners ordered 2,184 ships of 107.13 million dwt. It was a notable decrease versus the previous year (2014), when they had ordered a total of 3,483 ships, with a total capacity of 128.1 million dwt. Again, orders for dry bulk carriers stood at just 306, versus 795 a year back.

Source: Nikos Roussanoglou - http://maritimecyprus.com

Πέμπτη, 13 Αυγούστου 2015

Πέμπτη, 18 Ιουνίου 2015


Many people across the globe don't really know the true story of what is happening in Greece. The situation is a bit more complex than some wish to present it...
  • It would be a huge tragedy if Greece decides to leave/is squeezed out, of the Eurozone. But dont forget Drama & Tragedy were actually conceived and invented in Greece...
  • Some say the EU might be better off without Greece. Some family events are better without certain relatives...
  • On the other hand while we all remember that Athens staged remarkable Olympic Games in the year 2004, few recall that most of the infrastructure (stadiums etc) were constructed at the very last moment...
  • The big majority (nearly 8 out of 10) of Greeks are Pro European, but a significant amount are totally depressed & puzzled after 5 years of austerity. Things see to be worse now than 5 years ago...
  • The GRexit has now been replaced by GRaccident ...
(Despite Denmark having today one its most irresolute Elections,  Greece was a major story on TV2)

Πέμπτη, 4 Σεπτεμβρίου 2014

If one cant ''stop complaining and start working'', then I believe one should ''start running and stop complaining''. Read about these 2 incredible brothers from my other home country, Denmark ...

On January 22, 1980 we were born at Rigshopitalet. We were born three months premature and weighed, at that time, only 1200 grams.
In the first three months we were in an incubator and had a lot of check-ups along the way.
Peder lacked oxygen during birth, and ended up being spastic and has been in a wheelchair throughout his life.
We grew up in a small town in the middle of Zealand, and had a great family that supported each other in all kinds of situations.
Peder have never been treated as "different" when he, in our view, only has one handicap, to be a wheelchair user.
As twin brothers, we have lived through good and evil for 33 years so far.
Peder has always have accepted a challenge and always committed to political and business associations, which speaks for the disabled.

Steen has always been very happy to do sports.
Through the years, the family has used a lot of money on sports because his motto on equipment is: DON’T SETTLE FOR LESS
For about 4 years ago, the love fell on the triathlon sport and have ever since filled a lot of Steen’s life, and he has used up to 18 hours a week on it.
In February 2013 , Steen got an idea!
Why not complete a half marathon with Peder?
After a quick call to Peder, who acknowledged with " You're sick in the head " , it was decided that they should run BT's half marathon the 21st of April 2013.
A kind soul , lent Peder & Steen a running chair, and then they trained.
They completed the race in 2 hours and 16 minutes, and after they both agreed that they should do it again..
As Steen & Peder have always said , Steen got the legs, and Peder has the head, the perfect combination for a runner with an iron will.

More here: http://www.teamtwin.dk/index.html

Πέμπτη, 14 Αυγούστου 2014

10 years ago ... Sad but True

Who could image in the glorious days of 2004, what the future 10 years later would look like...

  • Stadiums & facilities that are deserted 
  • An economy that is crumbling 
  • People that have lost hope

See an article/video from FOX Australia here

Κυριακή, 23 Μαρτίου 2014

Drugs and Alcohol

Illegal use of Drugs and Alcohol can be a source of great danger in the workplace, especially in the Maritime Industry. Click here to see a video

Also have a look at this video presentation on synthetic Marihuana and Molly from Mrs Pat Pizzo Alere US.


Σάββατο, 1 Μαρτίου 2014

Αγώνες 2014

Ονόμα αγώνα
web site

10 χλμ

Perl Zummi Καπανδρίτι
13 χλμ

21 χλμ

Perl Zummi Πεντέλη
13 χλμ


Perl Zummi Πάρνηθα
15 χλμ

14 χλμ





Μονοπάτι Παρνασσου
25 χλμ

Ζαγορι Mountain Race
21 χλμ


Ορειβατικος Μαραθώνιος Ολυμπου
40 χλμ
Εληβορας ΟΙΤΗ 
16 χλμ 
25 χλμ
25 χλμ
Μαραθώνιος Αθηνών
10 χλμ