Greek Ship Finance Forum
Our 21st Marine Money Greek Ship Finance Forum will be on Tuesday 15th October 2019 at the Athens Hilton. The shipping industry is changing and the norm that we have become used to in design and propulsion, finance, operating and chartering procedures and ship management will not be the same in the years ahead.
Owners and operators will have to adapt to new technologies, new regulations, new geographies of opportunity and finance. Our event in October 2019 will consider these changes which we will all have to face and implement. The event will feature interviews and case studies of owners and companies who are industry leaders and pioneers in challenging the old ways and moving into the 2020’s with fresh ideas, new procedures and often a younger generation of decision makers. Our Marine Money Greek conference is the foremost ship finance conference in Greece and attracts well over 350 delegates from Greece and the major shipping and finance centers of the world.
The sluggishness of the shipping industry over the past decade has been blamed on oversupply of ships. Now it appears that demand is the weak link and with geopolitical disagreements, increased nationalism and weakening major economies, trade patterns will change and owners and operators will need to adjust. Finance has been blossoming in the Far East for a few years and this has now become a core finance source for shipping. Combining leasing from the east and bank finance and credit backed lenders from across the globe, Greek owners must now do a global search for the “best fit” loans and leases.
Our event agenda on 15th October 2019 will be packed with Greece’s leading owners and financiers and topics to be discussed include:
– A changing shipping landscape –
Owners and finance providers will consider how regulation and changing trade patterns, variable finance sources and banking restrictions, have affected how they see their business, choose their business partners, and analyse risk and reward.
– Slow steaming versus new fuels –
It is still early summer and come October new arguments may have entered the fray but the IMO 2020 regulations have split the market and there is momentum both for slow steaming and for the installation of scrubbers. Both have a single aim and that is to reduce emissions and protect the environment. How to reach that target, both short term and longer term, will be discussed by owners and experts.
– New energy and the rise of LNG and LPG shipping amongst Greek owners –
Many leading Greek shipowners have foreseen the increased demand for cleaner energy sources and have invested heavily in LNG and LPG shipping. This requires specialized knowledge, deep pockets and access to finance. Leading owners and their financiers will discuss the demand and supply of these clean energy sources, why the Greek appetite is so intense and how this niche market will perform in the years to come. Comments will also be made about the reduced demand for crude and coal.
– Financing the shipping industry in times of change –
Yes, there is a plethora of finance sources. Yes, deals are getting done. But ask any owner and financier and nobody is completely satisfied with the terms, the pricing, the time taken and the clarity of future prospects. It is indeed a confusing moment for shipping finance with sources available in the east and west for loans and leases but the certainty and consistency of the “term loan” is gone and a new reality of shorter term, complex structure and switching loyalty has to a degree taken over. Banks, lease houses and owners will discuss these trends
and the reality of financing the industry in the current market.
– GREEK SHIPPING STAYING AHEAD –
A discussion by leading Greek shipping personalities about how and why Greek shipping will stay ahead and how adjusting and adapting to new market requirements whether in technology, finance or operations is the forte of the owning community in Greece. How to get the timing right, be ahead of the crowd, assess the risk early on and optimize the split of equity and debt – some of the secrets of success.
If you wish to sponsor or brand your company and services, please get in touch with us at the details below.
Sponsorship offers valuable market exposure and we would be happy to send you a proposal.
