What is the Price of Money in Shipping Today?

 

Marine Investments Financing Forum 2001

 

31 OCTOBER  2001

GRAND HOTEL

KRASNAPOLSKY

AMSTERDAM

THE NETHERLANDS

 

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The topics which will be addressed are:

 

SESSION 1:

Setting the scene / Changing face of Shipowning

1.       Is shipowning only about increasing return on equity

2.       Why does a shipowner invest in shipping, knowing shipping's poor ROE history?

3.       Is there a credit crunch for shipowners?

4.       Does the credit crunch differ for a large or small company?

5.       Consolidation necessary to improve access to capital

6.       What is the financing strategy for the ship owner?

7.       What are the investment criteria for the shipowners to order a new ship?

8.       Are shipowners fully depending on their charterers for their investment decisions?

 

 SESSION 2:

Changing Face of  Financing

1.       Developments in bank market

2.       What have the capital market to offer after the high yield bonds disaster?

3.       Access for public equity for shipowners, available for all or for the lucky ones only?

4.       Access for private equity for ship owners?

5.       Loans bank debt

6.       Will shipowners have to review their current financing?

7.       Growing importance of ratings

8.       Is there a credit crunch? And does it differ for a small or large company?

 

SESSION 3: 

Is the Government Role Changing?

1.       Influence of Tax lease , Tonnage Tax ,structures on Financing

2.       What can we learn from the USA " Jones Act"?

3.       Implications /limitations of Government incentives

4.       Subsidies for yards

5.       The ferry market, a niche market or a mass market?

6.       A residual value of 100% of a ten year old ferry, is that possible?

7.       The importance of a design and a shipyard

 

SESSION 4:

Changing Face of Risk Transfer

 

1.       What is the influence of credit enhancement protections?

2.       Financial engineering may be necessary

3.       Are alternative risk transfer solutions only a theory?

4.       What can we expect from Capital structure enhancements?

5.       What is the impact of Swaps and other derivates on Finance structures?

6.       Current and future impact of E-commerce

7.       New Capital structures in view of security and other legal aspects        

8.       Is the insurance market ready for all these proposed changes?

9.       What is the impact of quality on new financing structures?

10.    How useful are freight derivatives to improve financing structures?

11.    What influence will the convergence of Insurance and Banking (Capital Markets) have on shipfinance and if so what are the limitations?

 

 

INFORMATION

For further information on the conference please contact:

MARE FORUM

Beurs-World Trade Center

P.O. Box 30027

3001 DA Rotterdam  -   The Netherlands

Tel: +31.10.2057455   Fax: +31.10.2055655

e-mail: info@mareforum.com

 

              

 

 

 

Van der Giessen-de Noord

Shipbuilding Division BV