08.50 Opening Remarks From The Chair

Janos F Koenig
Co-Founder and Chief Financial Officer
Eurofin International Ltd

09.00 Discovering The Key Ingredients Required To Maintain Cash Flow Availability And A Positive Financing Situation For Ship Owners

• Minimizing susceptibility to poor market conditions through consistent cash management
• Leveraging in a poor shipping market - what to take note of?
• Utilizing effective cost control techniques to improve your bottom line
• Using scale efficiencies to improve on your operating profits
• Funding strategies to ensure cash flow availability

Khalid M Hashim
Managing Director
Precious Shipping Public Co Ltd

09.40 Revamping Your Business Model To Strengthen Your Balance Sheet For Long Term Investment And Growth

• Evaluating your priorities for fleet investment and ship financing
• Effective methods of controlling your tonnage
• Examining considerations in cross border acquisitions, divestments in shipping and second hand tonnage purchase
• Tapping into shipping prospects given the changed financial liquidity and investment fundamentals

Christopher Thomas
CFO
Paragon Shipping Inc

11.15 Gaining Maximum Returns From Ship Scrapping And Recycling And Assessing The Scrapping Options Available

• Uncovering the benefits of ship recycling old tonnage to your cash flow in difficult times
• Discovering potential pitfalls as an owner when selling your ship for scrap
• Evaluating the global ship recycling centers and their capacity
• Scrap prices - understanding the influential factors and ensuring you get the best price in any market

Wilhelm Magelssen
Senior Vice-President, Head of Global Marketing and Business Development
DNV Maritime

11.50 Vessels Today - Overcoming Challenges And Tapping Opportunities Posed By Low Prices And Poor Valuations Of Assets

• Fixing the secondary asset value cascade
• Maximize asset utilization to realize investment returns despite volatile freight markets
• Fleet renewal and the purchase of second-hand vessels - is this the best time?
• Predicting the trends for asset valuation in 2010-2011 - when will asset value return to an acceptable range?

Divay Goel
Director and Head of Operations
Drewry Maritime Services (Asia) Pte Ltd

13.25 Raising Funds Through The Equity Capital Market

• An in-depth analysis of all the financing options and key ingredients to successfully raise capital through this market
• Analyzing global schemes, funding clusters and case-study examples
• Public vs. Private Equity fund raising - potential pitfalls and costs involved
• Assessing shipping funds, specialized leasing companies and securitization methods of capital raising
• Making better use of your equity
• Exploring the option of raising venture capital

Sander J.W. Scheepens
Head, Investment Management
DVB Shipping & Intermodal Investment Management

14.00 Meeting Fund Requirements By Successfully Executing Debt Capital Transactions

• Raising finance through convertible bonds and high-yield bonds
• Examining the risks and benefits involved in bond issues
• Exploring the elements of a successful issue and the right strategies to employ
• Marketing your bond issue attractively to tap on a wider investor base
• Gaining insights on the latest debt capital market trends

Charles Reineke
Senior Vice President
Global Shipping Finance Group Sumitomo Mitsui Banking Corporation

14.35 Exploring The Pros And Cons Of Alternative Financing Structures And Products

• Sourcing funds from alternative sources and geographical locations
• Examining the ingredients of a suitable financing structure for your organization in today’s market
• Analyzing whether specific alternative financing options are really possible in today’s market:
  i. Islamic Financing
  ii. Mezzanine Financing
  iii. Hybrid structures - K/S System/ KG System
  iv. Structures incorporating export credit
  v. Structures incorporating more than 1 product
  vi. Shipping Trusts

Panelists:

15.45 Restructuring Problem Shipping Loans And Liquidation Strategies For Defaulted Facilities

• Exploring current trends in restructuring debt financecommercial, credit and legal aspects
• Safeguarding lenders’ interests: assembling the right information to decide the best option
• Evaluating the arrest and sale of ships and their consequences
• Reviewing the credit information, syndicate, trade debt and asset potential and charters before restructuring
• Acquiring vital tools to strengthen negotiation skills in restructuring terms
• Understanding critical lenders’ action points when restructuring is no longer possible
• Examining post events of default actions

Janos F Koenig
Co-Founder and Chief Financial Officer
Eurofin International Ltd

16.20 Shipbuilding Contracts - Renegotiations & Cancellations

• Achieving the successful renegotiation of a new-build contract
• Early warning signs that a shipyard is facing problems
• Evaluating reasons for renegotiations and assessing your negotiating position
• Exploring options if the shipyard becomes bankrupt
• Examining exposure to shipyard and risks involved when renegotiations fail
• Assessing the consequences of terminating the contract

Martin Brown
Consultant
Ince & Co

16.55 Security Enforcement & Bankruptcy Protection- Safeguarding Your Interests In The Global Shipping Crisis

• Analyzing how security can be effectively enforced under the amended law on ship arrest
• Examining judicial sale of ships and whether it can aid restructuring of loans
• Assessing what different parties in the shipping value chain can derive from ship owner’s filing for bankruptcy protection and how its implications on secured loans
• Understanding when the court will put a company under judicial management, whether it works and its implications on secured and unsecured creditors
• Key considerations when your client declares itself bankrupt or is made bankrupt by the court
• Uncovering how a liquidator will deal with creditors who have restructured their security

Lawrence Teh
Partner
Rodyk & Davidson LLP

17.30 Closing Remarks From The Chair

17:40 Close Of Conference Day Two