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Event Date |
Tue Oct 16 BST (about 6 years ago)
In your timezone (EST): Tue Oct 16 12:00am - Tue Oct 16 12:00am |
Location |
Hilton Athens
Leof. Vasilissis Sofias 46, Athina 115 28, Greece |
Region | EMEA |
What a rollercoaster 20 years in finance and shipping from bonds to IPOs and equity and Chinese leasing and of course bank finance
throughout, and from unprecedented high markets to long years of poor markets. Our event will trace the development of finance
and shipping in Greece over the 20 years and will feature interviews and case studies of owners and companies who have supported us all those years. Speakers from 20 years ago will revisit old issues talked about then, and reflect on where the industry is and is going. Our Marine Money Greek conference is the foremost ship finance conference in Greece and attracts well over 300 delegates from Greece and the major shipping and finance centers of the world. Our Anchor Sponsor this year is AVIC Financial Leasing Co. Ltd.
Generally shipping markets look more promising than for many years. There is economic growth across the globe, fundamentals on vessel supply look better and banks are showing prudence in new lending. However, challenges remain with new regulations impacting all, interest rates looking to go northwards and geopolitics worrying. Currently it appears that normal supply and demand is taking a back seat to external factors in the decision making process for new investments and strategy.
Our agenda on this coming event will be packed with Greece's leading owners and financiers and some topics to be discussed are:
• Looking back 20 years: looking forward 20 years -
Owners and finance providers will look to how their business has evolved over the past two decades and where it is headed. Though
traditional banks have stayed the course, with fluctuations in appetite, other forms of finance seem to come and go with variant success.
What will be the main finance sources for Greek shipping in the years to come and what projects fit the bill.
• Private Greek owners staying the course with smaller and larger fleets - Predicted for decades to have been going out of business the smaller, family orientated shipping companies in Greece continue to thrive, this
despite commentators across the globe claiming the model is unsustainable. What is the secret to running the business, getting access to
capital and making money in the long run? Is there a downside to being a company with fewer vessels?
• Finance from traditional banks, higher priced alternative finance and leasing solutions -
There is plenty finance in the market provided you your company and your project can accept tighter terms and higher pricing. The conference will have speakers from leasing companies for huge deals, from traditional lenders to core clients and from alternative lenders to smaller owners and project specific clients. Speakers from New York, Europe and China will cover the pandora's box of finance and best structures and projects for Greek owners to ponder.
• The fuzz and the buzz about 2020 and new regulation -
Regulation and fuel compliance is the biggest issue in shipping right now and there is no clear path forward. Owners, lessors and mortgagees are equally concerned about the cost involved and the likelihood of vessel compliance when the deadlines trigger. Industry participants and their financiers will share their views on what needs to be done and the consequences of being caught on the sideline.
2018 Sponsors
ANCHOR
• AVIC Leasing
LUNCH
• TEN Ltd
COCKTAIL
• The Marshal Islands Registry
PRIME
• WFW
• danaos
• Seward &Kissel LLP
CORPORATE
• AIG
• AXIA
• DVB Capital Market
• COST AMARE INC.
• EURO SEAS
• HELLENIC BANK Shipping
• HSBC
• Jefferies
• OPTIMA
• Palau International Ship Registry
• ReedSmith
• StarBulk
• Stephenson Hardwood
• V.Group
• VedderPrice
• Yieldstreet
• CAPITAL PARTY
• CAPITAL product partners L.P.