Please note that the forum will have simultaneous translation

 “Who will be financing Japan’s Fleet Growth?”

08:30 Registration & welcome tea/coffee

09:30 Welcome by organizer
Mr. Peder Bogen - President, Marine Money Asia Pte. Ltd.

09:40 Welcome Speech and Opening Remarks by SMBC and Chairman
Mr. Jun Ohta - General Manager, Structured Finance Department, SMBC
Mr. Stanislas Roger – Global Head of Shipping, SMBC Europe Ltd.

MARKET REPORTS – MACRO & MICRO

09:50 World Economic Overview
• Recent Trends and Outlook
• Global Trends: Trade and Investment
• Material and Oil Prices
Mr. Hiroaki Jindo – Director, Economic ＆ Industrial Research Department, Development Bank of Japan

10:10 Japanese Shipping Industry’s Future Funding Needs
• Tonnage requirements of Japan’s mega carriers and foreign operators
• Japanese’s ship-owners funding need for the next 2-5 years
• Japanese ship finance banks’ funding capacity for shipping
Mr. Shin Watanabe, Joint General Manager, Corporate Research Department, SMBC

10:30 Networking coffee break

DOMESTIC AND GLOBAL SHIPYARD CAPACITY

11:00 Japanese Shipyard’s in Perspective
• Strategy for the fierce competition with rivals in Asia
• Market forecast for the new building market
Mr. Yoshihiro Midorikawa – Managing Director, The Shipbuilders’ Association of Japan

11:20 Asian shipyard capacity
• Valuing the order book of the Japanese owners
• Challenges with ship yards' reporting system
• Emerging markets; China and Vietnam
Mr. Matt Flynn – Director, worldyards.com

SETTING THE SCENE – THE FUTURE FOR JAPANESE SHIP FINANCE MARKET

11:40 Who will finance the growth of the Japanese fleet?
• Can the foreign banks compete with Japanese local banks in the future?
• Basle II and what it means for the Japanese banks and their clients
• Reducing bank’s risk by portfolio securitization
• Comparing Japanese and foreign structures
• Active players in the lending market

Panel Discussion:
Moderator: Mr. Masaki Fukumori – Head of Asset Finance Dep., Uni-Asia Finance Corp. (HK)
Mr. Jinsoo Kim – Head of Shipping Finance Team, Global Banking Dept., Korea Development Bank
Mr. Harvey Ven – Director, Calyon Asia Ship Finance Ltd.
Mr. Yohei Ugari – Head of Business Promotion Group, Shipping Finance Dept., SMBC
Mr. Maarten Vis – Sr. Vice President, DVB Group Merchant Bank (Asia) Ltd.
Mr. Hideyuki Hayashi – Head of Syndication Dep., The Bank of Fukuoka, Ltd.

12:30 Networking Luncheon sponsored by FSL Trust Management Pte. Ltd.

ALTERNATIVE SOURCES OF FINANCE FOR JAPANESE SHIP OWNERS

14:00 Singapore Shipping Trust Structure
• Case study: First Ship Lease Trust
• How to structure your deal to attract the investors
Mr. Philip Clausius – President & CEO, FSL Trust Management Pte. Ltd.

14:20 Getting 100% financing with Scandinavian Equity
• How to structure the transaction
• Looking at recent North Asian KS transactions
Mr. Aksel Olesen – Sr. Vice President, Pareto Securities Asia Pte. Ltd.

14:40 Shipping Equity: Is there (night) life besides the Sale & Leaseback??
• Shipping equity past and present
• Old shoes in new (fancy) boxes
• Case study of recent Asian deals
Mr. Sander Scheepens – Head of Investment Mngt. Asia, DVB Investment Management/NFC

Session Moderator: Ms. Meeyoung Choi – Vice President, Jefferies & Co., Inc.

15:10 Networking coffee break

THE DRYBULK MARKET’S DEMAND FROM JAPANESE SHIPOWNERS

MEETING THE FLEET DEMAND OF THE FOREIGN OPERATORS

15:30 Foreign Operators Needs from Japanese Ship-owners
• Future tonnage requirements and preferred vessel types
• Reducing OPEX and maintaining good ship management
• Purchase options

Moderator: Mr. Shinobu Kawato – President, Sojitz Marine & Engineering Corp.
Mr. Cesare D’Amico – CEO, D’Amico Società di Navigazione S.p.A.
Mr. Anders Mortensen – President, Lauritzen Tankers / J. Lauritzen Group
Mr. Govind Ramanathan – Director, PCL (Shipping) Pte. Ltd.
Mr. Klaus Nyborg – Deputy CEO, Pacific Basin Shipping Ltd.

MEETING THE FLEET DEMAND OF THE DOMESTIC OPERATORS

16:15 Panel discussion with Japan’s mega carriers
• Current order book for dry bulk vessels and ownership structure
• Future demand for vessels
• Ship management issues

Moderator: Mr. Hiroshi Sato – Deputy of General Manager, Marine Department, Itochu Corp.
Mr. Kenichi Nagata – General Manager, Coal & Iron Ore Carrier Div., Mitsui O.S.K. Lines
Mr. Kenji Sakamoto – General Manager, Coal and Iron Ore Group, Kawasaki Kisen Kaisha, Ltd.
Mr. Atsushi Enokido – Manager, No.2 Capesize Bulker Team, Capesize Bulker Group, NYK Line

17:00 Closing Remarks by SMBC and by the Organizer
Mr. Takashi Shimahara – General Manager, Shipping Finance Dep., Structured Finance Dep.,SMBC
Mr. Peder Bogen - President, Marine Money Asia Pte. Ltd.

17:15-19:30 Cocktail Reception sponsored by International Registries/Marshall Islands Ship Registry

Please note that the program can change without notice.