presents with partner    

2nd Annual Korea Ship Finance Forum

 

Managing through the Credit Crisis
Strategies & Solutions  to Position your Company for Growth

 

A Korean forum with Korean-English simultaneous translation throughout

 

The Grand Hyatt - Seoul, Korea

Tuesday, November 18, 2008

 
Following the success of Korea's first ever ship finance forum last year, Marine Money Asia is proud to be returning to this vibrant maritime nation for a second event. This year's conference will be a momentous one as local shipbuilders and shipping companies seek innovative solutions to the immense challenges many face in raising capital amid the global financial crisis. In a country that boasted 40% of newbuilding orders worldwide last year – at USD 70 billion – and that is estimated to require USD 150 million per day over the next year, the challenges and opportunities alike are striking. 
 
08:30    Breakfast and Registration
 
09:30    Welcome Remarks

Organizer: Mr. James R. Lawrence, Chairman,

Marine Money International

Mr. Sung Joon Rhee, Head of Global Banking Division,

Korea Development Bank

 

09:50    Keynote Speech - Ministry of Land, Transport and

Maritime Affairs

Mr. Shin Pyung Shik, Deputy Minister for Logistics and Maritime

Affairs, Ministry of Land, Transport and Maritime Affairs

 

Macro & Micro Reports – Setting the Stage

 

10:05    The Global Economy – Its Health and Direction

A macro look at the perfect storm and what the future

will bring

Mr. Yong Ha Park, International Economic Research Team,

Korea Development Bank

 

10:30    The Shipping Markets: Demand Drivers and Risks

A review of the main trades: Dry, wet and container

 Dr. Arlie J. Sterling, President, Marsoft

 

10:55    Korean Shipyard Industry Update

Current status of the orderbook

Cancellations, resales and acquisition opportunities

A financiers' perspective

Availability of shipyard financing and refund guarantees

Mr. Jongseo Yang, Research Fellow, Overseas Economic

Research Institute in Korea Eximbank

 

11:15    Networking Tea & Coffee Break

 

11:45    The Impact of the Economic Crisis on Quality Ship

Construction in Asia

Mr. Luis Benito, Country Manager - Korea, Lloyd’s Register, Asia

 

12:05    Arbitration in Today's Market - Issues and Challenges

Mr. Eun-Young (EY) Park, Partner, Kim & Chang

 

12:25    Dubai as a Shipping Business Center

Access to capital

Global maritime cluster

Commercial opportunities

Mr. Raveen Guliani – Regional Sales Manager APAC,

Dubai Maritime City

 

12:45    Networking Luncheon

 

14:00    Overview of the Asian Ship Finance Industry

Mr. Rodricks Wong, Financial Analyst, Marine Money Asia

 

14:20    Global Banking in Turbulent Times:

Meeting the Challenges of the Current Market

Dealing with Liquidity Challenges
How bankers & borrowers need to work together to meet
today's challenges
Prospects for cooperation among bankers and borrowers
Shifts in pricing and term:  Short and long term implications
What deals can be done today?
Mr. DongHae Lee, Deputy General Manager, Korea Development Bank
Mr. Paul Chang, Head of Shipping Asia, HSH Nordbank
Mr. Charles Reineke, SVP Global Shipping Finance Group, SMBC
Mr. Young Jun Yoo, Deputy General Manager, Kookmin Bank
Mr. Jun Hyung Jon, Head of Principal Finance Asia, Fortis Bank
 
Moderator: Mr. Seong-Soo Kim, Attorney at Law, Kim & Chang
 
 
 

15:10    Understanding the Three R's of a Difficult Market:

Refinancing, Recapitalization and Restructuring

             Mr. Harold Malone, III, Senior Vice President, Jefferies &  Company

 

15:30    Alternative Sources of Ship Finance

Capital for owners and yards

 

Korean Shipping Funds

Mr. Philip Gang, Project Manager, KOMARF

 

KS/DIS Ship Financing

Mr. Jan Ole Huseby, Project Broker, Fearnley Finans

 

15:50    Networking Tea & Coffee Break

 

16:20    Alternative Sources of Ship Finance, continued

 

Public Lessors: Providing Capital, Managing Risk

Mr. Vijay Kamath, Head of Sales – East of Suez,

First Ship Lease Trust

Mr. Peter Lund, Commercial Director, Ship Finance Management

 

16:40    Alternative Finance Provider Panel Discussion

            Alternative sources able to bridge the liquidity gap

            Will asset based focus help or hinder the ability to do deals?

            Strategies for expanding financial access

            Credit and other considerations

 

Moderator: Ms. Goh Mei Lin, Partner,

Watson, Farley & Williams LLP

 

17:05    Leading Ship Owner & Operator Discussion

            Who, what and why

            Rising finance costs, falling vessel values and attractive

            acquisition opportunities

            Newbuilding orders, financing needs and time sensitivity

Right sizing: Strategies for growth, consolidation and

efficiency in the current environment

Charterer performance, security and role in access to finance

Mr. Yoo Joon Kim, General Manager, Hyundai Merchant Marine Co.

Mr. J. T. Kim, General Manager, STX Pan Ocean

Mr. Dong Pyo Lim, Director, TPC Korea

Mr. Y.K. Shin, Shinsung Shipping

Mr. Jin Wook Jeong, General Manager, Daelim Corporation

 

Moderator: Captain Young Kim, IRI Korea

 

18:00    Closing Remarks from Organizer & Official Partner

Mr. James R. Lawrence, Chairman,

Marine Money International

Mr. Kyung Chae Jung, Head of Global Banking Department,

Korea Development Bank

 

18:15    Cocktail Reception Sponsored by

Marshall Islands Ship Registry

 
   
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