Maritime Economics In Practice

Maritime Economics in Practice SEMINAR Monday 22nd - 24th February 2010 Prospero House, London

A three day seminar to help you understand the technical and commercial pressures facing the maritime sector To survive the current economic crisis, well informed market knowledge and understanding is essential. The continuing aftershocks of the financial markets run through the maritime industry perpetuating the tough conditions in many sectors. Maritime Economics is a specialist three day training seminar analysing the current situation of various sectors of the industry. The expert speaker panel will explain the present and likely future maritime markets concentrating on the container, tanker, dry bulk, new build and gas sectors. International trade and shipping will be discussed including costs, distressed sales and chartering versus owning and leasing. Delegates will also be brought up to date on the latest developments with shipping capital and alternative funding sources. The final interactive workshop Non-performing and distressed assets – management and recovery will guide you through a likely loan default scenario and provide you with clear guidance on the most effective way to navigate your way through these issues. This seminar will help those who need to understand the technical and commercial pressures facing this complex sector. It will provide you with a thorough overview of global commerce and effects of the downturn of trade, offering you the tools with which to evaluate the financial prospects of your company and it’s investments. You will be given a rounded and balanced view of the present to help inform your future business planning.

16 Hours CPD: The Solicitors Regulation Authority Gain a practical understanding of maritime economics – essential knowledge for shipping professionals

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Assess the demand and the operation of international trade and shipping policy Analyse the current state of the global economy Examine ship operations and management, voyage economics, insurance and labour Work through opportunities opened by distressed sales Deliver insight into the economics of chartering versus owning or leasing Update yourself on the prospects of the container, tanker, dry bulk, LNG and new build sectors Understand using derivatives to hedge or mitigate risk to your advantage Discuss raising finance, problem loans and changing asset values Debate alternative funding sources including private equity

FEATURING THE INTERACTIVE WORKSHOP: NON-PERFORMING AND DISTRESSED ASSETS – MANAGEMENT AND RECOVERY • •

Be guided through a likely loan default scenario Learn to successfully recognise, confront and overcome the problem

This programme is a living document updated right up to the date of the event to reflect any market changes Join fellow professionals • • • • • • • • • •

Bankers Charterers Maritime lawyers Shipping fund investors Ship brokers Shipping executives P&I club and marine insurance executives Ship managers Operations directors FFA, commodity and energy traders

Contact Information Lloyd's Maritime Academy 69-77 Paul Street London, EC2A 4LQ United Kingdom Tel: +44 (0) 20 7017 5510 Fax: +44 (0) 20 7107 4981 Email: [email protected]