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What do Morten Arntzen, Peter Evensen, Jeff Pribor and John Wobensmith have in common? They all began their careers as bankers and have moved over to the ownership side. Clearly, the owners are recognizing the value of banking experience or, perhaps, they are less expensive once brought in house?
Add to that list, Peter Knudsen, formerly head of Project Finance and Asset Lending and now the General Manager of Nordea’s Singapore Branch, who has accepted the position of CEO of Camillo Eitzen & Co. ASA.
Umm! Peder’s been there two weeks already, is this an opportunity for him?
Marine Money Asia Enters a New Chapter
In line with the robust Asian ship finance market, Marine Money Asia has expanded its team and moved into new offices at the Winsland House located at 3 Killiney Road in Singapore. Stepping in as Director will be Marine Money International’s Managing Editor Nora Huvane. Nora will be working with Financial Analyst Rodricks Wong and Sales Manager Teck Wee to coordinate Marine Money Asia’s global activities. Nora brings years of editorial and financial analysis experience with Marine Money to ensure that the Marine Money Asia publication continues to grow and evolve and that Asian ship finance is well-represented in Marine Money’s global publications.
Direct from Imabari City, Japan
For the first time in our history, Marine Money held its 3rd Annual Japan Ship Finance forum in the traditional island of Shikoku. Despite being the smallest of Japan’s four main islands, Shikoku plays an extremely vital role in the world’s maritime industry as the home to many established Japanese shipyards and shipowners who collectively own about five percent of the global fleet.
MukemmelBirForum
Last Thursday, the 5th annual Marine Money Istanbul Ship Finance Forum took place within sight of the Bosporus at the Swissotel. In our mind, there could not be a more appropriate setting for this or any shipping conference.
After greetings from Marine Money’s Mia Jensen and Kevin Oates, Mr. Metin Kalkavan, as Chairman of the Turkish Chamber of Shipping gave brief introductory remarks which included interesting numbers on the Turkish shipbuilding industry. He was followed to the podium by Mr. Lucien Arkas, the Chairman of Arkas Holdings, who gave the keynote address. Mr. Arkas provided a concise history of his 44 years in shipping. But more importantly, he attributed the Turkish owners’ success in this industry to their high level of entrepreneurship, courage and self-esteem.
Marine Money Asia Searches for Sales Manager
We are looking for a Sales Manager with fluent language skills in Mandarin, Korean or Japanese and welcome any potential candidates interested in a very exciting work environment with plenty of challenges and growth opportunities. The position will be located in our Singapore office. If you are looking to kick start a career in ship finance, we can offer this opportunity today! For more information, please visit http://shmyl.com/idxpson or contact Peder Bogen at pbogen@marinemoney.com.
Marine Money Brings the Ship Finance Industry to Imabari City, Shikoku Island
We are pleased to announce that the 3rd annual Japan Ship Finance Forum will take place May 14-15 at the Imabari Kokusai Hotel in Shikoku Island. Together with our official partner Sumitomo Mitsui Banking Corporation (SMBC), we have put together a program that we believe will be of value to the local Japanese ship owners and financiers as well as foreign players looking at Japan.
People & Places – 11/01/2007
DublinWelcomes Marine Money
In the beautiful city of Dublin and the wonderful setting of the Four Seasons Hotel Marine MoneyWednesday hosted the inaugural Marine Money Dublin Ship Finance & Investment Forum with Anchor Sponsor Bank of Ireland. Over 110 attended to hear the two pronged rational for the conference. Firstly, in co-operation with the IMDO (Irish Maritime Development Office) to promote Ireland as a venue for foreign shipping companies to establish their corporate headquarters, and secondly to educate the Irish investment dollars (or euros) about shipping investment opportunities and how those investments can be monitored and managed. Continue Reading
People, Places & Prices – 09/27/2007
Marine Money Singapore Conference Draws Record Ship Finance Crowd for Asia
Marine Money along with its official partners Fortis Bank and the Pareto group as well as its corporate sponsors played host for two days in Singapore to an audience in excess of 450 shipping and ship finance professionals. The event, which was officially part of Singapore’s weeklong celebration of the entire shipping industry, reflected the growing significance of the region and Singapore specifically in the future of ship finance. Continue Reading
People & Places – 09/20/2007
A Johnny K Production
Not even Cecil B. DeMille could take what would one presume would be an insipid discussion about moving coal and ore from here to there, while the audience, no less the panelists are imbibing, and make it a major media event. Of course, Johnny K is not your ordinary spinmeister. He began by wrapping the discussion in a mystery that can only be solved if you have an English public school background. Thankfully, Lorraine was here to explain the allusion, which refers to a series of novels by Enid Blyton. Who you might ask and does it matter? The answers to which are: don’t know and no. Fortunately, these were not the same takeaways from the panel discussion. Continue Reading
People & Places – 09/13/2007
Conversations with…. Jacques de Chateauvieux, Chairman and Chief Executive Officer of Bourbon
Thanks to Tony Munoz at TM Marketing, we had the opportunity to sit down last week withMr. de Chateauvieux for a broad ranging discussion of the company’s activities, outlook and strategy.
With the predominant portion of its assets and capital invested in offshore oil and gas marine services and dry bulk, it was not surprising to find him ebullient. “These are extraordinary times; everything is up – rates, utilization.” Yet he remains realistic and is not a believer in the super-cycle. Whereas historically cycles were three to five years, he believes that this one might be extended for seven to ten years. In his macro view, which is widely held, requirements for oil cannot stop and existing production facilities are in decline. Oil must be replaced at least at the rate of drawdown. Nothing new here however the image he portrayed of everyone worldwide, with wealth trickling down, wanting to own a car provided an interesting perspective on growing demand. Continue Reading
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