Lexington Maritime

Lexington Maritime has been established with decades of experience in all aspects of the maritime business. We are focused on transactions applying that experience to new and niche areas of the maritime industry.

In particular, we look for projects that generate a measurable, beneficial social or environmental impact alongside a financial return. Such transactions can be made in both emerging and developed markets.

Lexington has developed an asset light shipping industry strategy, with an experienced management group skilled in commercial management, freight trading, hedging, investment management, as well as providing cargo movement optimization services to ship-owners and managing distressed assets.

Lexington has been sponsored by Tobias Koenig, David Kanter and the Denholm Group. The Sponsors collectively, have approximately 180 years of tradition in the shipping industry, have managed over $6.5bn assets, having built approximately 60 vessels, commercially managed vessels and investments among various segments of the maritime industry and technically manage over 600 vessels across all sectors. 

Lexington has its offices in New York and Hamburg.

Lexington will mitigate risk by structuring its transactions with credit-worthy counterparties, established shipping pools and other risk management tools.

Lexington Maritime will also offer a wide range of strategic services.

Related News Headlines

03/09/2017 - 19:12

SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, has announced that is has signed a memorandum of understanding  with the Society for Gas as a Marine Fuel (SGMF). The MoU creates a framework for how the two complementary organisations will work together to achieve their common goal of making LNG the fuel of choice for the shipping industry.

03/07/2017 - 23:55

Woodside announced that has signed an agreement with GE, in order to support together the use of LNG as a fuel in Western Australia. The agreement will provide the option of seamless access to reliable LNG fuel supply and gas-fuelled transport and power generation solutions.

03/01/2017 - 12:45

According to a Wood Mackenzie study, global bunker fuel costs could rise by up to $60bn annually from 2020, in a full compliance scenario, when the International Maritime Organization’s (IMO) 0.5% sulphur cap for bunker fuels kicks in. A combination of higher crude prices and tight availability of marine gas oil (MGO) could take the price of MGO up to almost four times that of fuel oil in 2016, the report claimed.

02/28/2017 - 15:37

Carnival Corporation has completed the installation and certification of exhaust gas cleaning systems on 60 ships across its brands. Representing a $400 million investment to date, the company is on track to deploy its systems on more than 85 vessels across its global fleet by 2020. The systems will enable Carnival to meet international regulations that place a cap on the sulfur content of fuel oil of 0.1 percent.

02/16/2017 - 00:46

Some ships in northern Europe have been using liquefied natural gas (LNG) as their fuel source for over a decade, with an extremely good safety record. But as the use of LNG-fuelled vessels spreads to other parts of the world and many more parties become involved, there is a clear need to standardize LNG bunkering operations at the international level. A new ISO standard will ensure LNG-fuelled vessels can bunker in a safe and sustainable way.

02/08/2017 - 17:00

Qatar Petroleum (QP), Total, Mitsubishi, ExxonMobil, and Höegh LNG have announced their commitment to advance a liquefied natural gas (LNG) import project in Pakistan in collaboration with Global Energy Infrastructure Limited (GEIL). The Consortium will seek to develop a project that includes a Floating Storage and Regasification Unit (FSRU), a jetty and a pipeline to shore to provide a timely and reliable natural gas supply to Pakistan. The FSRU will have a minimum regasification capacity of 750 million cubic feet per day by 2018.