1st Annual Marine Money London Ship Finance Forum

Thursday, 21st January 2010, London Marriott, Grosvenor Square

Arranged and Organised by Mia Jensen and Kevin Oates, Marine Money Greece

 

08:45 Registration & Welcome Coffee
09:45 Opening Remarks
10:00 Keynote Address
10:15 Shipping Market Outlook
10:40 Restructuring the world’s shipping debt.
  • Ms. Randee Day, Managing Director, Head of Maritime Investment Banking, Seabury Advisors
  • Mr. Albert Stein, Managing Director (Feb 2010), AlixPartners
  • How long can banks be patient in a weak market?
  • Will waivers maturing Q1 2010 be extended?
  • Is it good for the industry when all efforts are made to save even the weakest companies?
  • Restructuring techniques and strategies

Moderator: Mr. Frank Dunne, Chairman, Watson, Farley & Williams

  • Mr. Keith McRae, Head of Shipping Asset Management, DvB Bank SE
  • Mr. Robin Perkin, Head of Global Shipping Coverage, Royal Bank of Scotland
  • Mr. Bart Veldhuizen, MD, Head of Ship Finance, Lloyds Banking Group
  • Mr. Richard Blood, Partner, Corporate Finance, Moore Stephens LLP

Complete Panel Discussion

11:40 Coffee Break
12:10 Capital Markets: London poised to make a mark in the next upturn?
  • Valuation: Critical mass: Analyst Coverage: Investor interest

Moderator: Mr. Chris Randall, Partner, Norton Rose LLP

  • Mr. Robin Byde, Global Head of Transport Research, HSBC Bank plc
  • Mr. Pratyush Chakravarty, Managing Director, Clarkson Investment Services

Complete Panel Discussion

12:40 Qualitative security for shipping loans
  • Is a time charter a suitable comfort?
  • FFAs: A risk or a comfort?
  • Do paper products serve owners or financial traders?

Moderator: Mr. Michel Bourgery, Managing Director, MB Finance

  • Mr. Vassilis Karakoulakis, Member of Freight Derivatives Desk, Clarkson Securities Ltd.
  • Mr. Jeremy Penn, Chief Executive, The Baltic Exchange
  • Mr. Michael Saverys, Head of Freight Derivatives, Bocimar International

Complete Panel Discussion

13:10 Lunch Break
14:15 M&A opportunities in a depressed shipping market
14:30 Debt Capital Markets: Disintermediation is Back
14:45 High Yield
  • Mr. Hamish Norton, Managing Director and Global Head of Maritime Group, Jefferies & Co
15:00 Filling the black hole. Where is the finance to come from to finance shipping over the next few years?
  • Is finance available for shipping? Where is it and who is providing it?
  • Is shipping attractive to private equity?
  • Is Islamic Finance a real source for shipping?
  • Can Norwegian Bonds make a contribution?

Moderator: Mr. John Forrester, Partner, Holman Fenwick Willan

  • Mr. Erik Helberg, Chief Executive Officer, RS Platou Markets
  • Mr. Andrew Hampson, Managing Director, Asset Backed Investment Funds, Tufton Oceanic
  • Mr. Andreas Povlsen, Managing Director, Global Shipping, BTMU Capital Corporation
  • Mr. Einar Wold, Senior Vice President - High Yield Bonds, DnB NOR Markets
  • Mr. Ronald Dal Bello, Senior Vice President, First Ship Lease (Switzerland) AG

Complete Panel Discussion

15:45 Coffee Break
16:15 Is it only the brave who will invest in shipping in 2010?
  • The orderbook: will cancellations and delays make it go away? How good is the data?
  • Finance: when will the banks be able to lend again?
  • Will we see real distress during 2010 and what impact will this have on asset values?
  • What are the unforeseen wild cards?
  • The environmental issue: can shipping afford the increased costs?

Moderator: Mr. Brian P. Devine, Partner, Blank Rome LLP

  • Mr. James Lawrence, Chairman and Founder, Marine Money International
  • Mr. Nigel Anton, Managing Director & Head Shipping Finance, Standard Chartered Bank
  • Mr. Jan Morten Eskilt, CEO, OSM Group Ltd.
  • Mrs. Sadan Kaptanoglu, Shipowner, Kaptanoglu Holdings
  • Mr. Stergios Souyoutzoglou, Partner, SafeShip Investment Company

Complete Panel Discussion

17:30 Closing Remarks