Paul is the co-founder of Diomedes Maritime and heads North American operations and client relationships, with offices in New York City and Connecticut.
His career in the maritime and energy industry began directly after graduating college, when he joined the clean tankers group at MJLF & Associates in Stamford, Connecticut.
After seven years in the market analysis & consulting group at PVM Oil Associates, Paul graduated from Pace University School of Law and joined the credit and contract group at Sempra Energy Trading.
Paul re-joined MJLF in 2003 to head their FFA brokerage effort, and was recruited by Noble Group as manager of clean oil operations in 2004. From 2006-2010 he established and managed the biofuels desk at Evolution Markets in New York.
He founded OutPost Exploration, the predecessor company to Diomedes, in 2010, capitalizing on 20+ years of commodity, derivatives, operations, legal, renewable energy, and shipping experience.
Barry is a known expert in physical & financial maritime transactions and is a former chairman of the Baltic Exchange Freight Market Users’ Information Group. He is extremely experienced in vessel chartering and operations and he was a significant - and early - participant in the tanker FFA (forward freight agreement) market.
A graduate of the University of Houston, Barry began his maritime career sailing for Shell Oil Co. on seismic vessels, and then spent several years working for a Greek marine engineering company, learning about different ships and how they work.
He started his commercial career in the operations department at Phibro Energy USA, and this experience led to the marine department at Enjet, and then to Koch Supply & Trading in London where he was Chartering Manager; from there he established Koch’s global freight derivatives desk.
Barry then assumed the Global Freight Trading Director role at J. Aron, the commodity division of Goldman Sachs, followed by a similar role at ABN Amro. He ran a shipping investment fund, and subsequently became head of the shipping team at BGC Partners in London, prior to founding Diomedes.
Mr. Bednar lives in London and oversees the partnership's U.K. & European operations.
Who we are:
"How to Invest Your Money In The Second Quarter" - Forbes, April 2, 2016 - full article here
"Seven Ideas for a Global Portfolio" - U.S. News & World Report, March 4, 2016 - full article here
"Shipping Banks and Tanker Swaps" - Marine Money, July 2003 - link here
"Biofuels Causing More Train Strain" - SNL Renewable Energy Week, February 2007 - link here
"Ethanol Prospects Remain Good But Change Is Needed" - Bioenergy Business, April 2008 - link here
Our team has vast experience from the shipping, energy, commodity, and environmental markets. We provide our clients advice on origination, logistics, deal structuring, and other solutions. Our advantage comes from combining financial accreditation & expertise with physical market experience to optimize our services.
We are an advisory firm, specializing in trading, chartering, project development, expert witness services, and recruiting in the operations, maritime, commodity, and energy sectors.
The principals have deep acumen in physical markets, financial derivatives, [including commodity swaps in energy, biofuels, and grains], operations, and forward freight agreements (FFAs) in the wet and dry sectors. The firm has a qualified Dirigeant Maritime among the partners.
What we do: