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Good Weather Brings Hope?
While news of snow in New York circulated, one would surmise we were basking in the sun in Miami. That was not the case as we found ourselves in a windowless ballroom amidst serious presentations although rumor has it that it is sunny and 78 degrees outside. However despite the overriding gloom there were welcome glimmers of hope.
Conference Chairman, Aurelio Fernandez-Concheso of Clyde & Co. opened the our conference noting that in the five year history of the Latin American conference, there were never such circumstances as we now find ourselves in. Rattling off the bad news, Mr. Fernandez-Concheso mentioned that the credit agencies have lowered expectations for the sector from stable to negative emphasizing excessive tonnage and decreasing demand. He reminded us that it’s not all about
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Tags: · Alan Rowe, Aurelio Fernandez-Concheso, Bank of Ireland, Bruna Santini Borges Maia, BTMU Capital, Clyde & Co., DVB, FSL, Geir Sjurseth, Gerardo Lozano, Guido Musso, Guillaume Lucci, Halcrow, Holland & Knight Gallastegui y Lozano S.C., HSBC, Leite Tosto e Barros, Mary Rose Brusewitz, Matt McCleery, Michael Doyle, MJLF, Paul Packard, Ron Dal Bello, Strasburger & Price
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