Tis the Season to be Jolly and the New York ship finance community has been lively and in good spirits during the last few weeks. Salomon Smith Barney and the Citibank Shipping Group hosted a very well-attended high yield and equity shipping conference on December 2nd. Anyone who thinks that shipping is still in the 19th century would be impressed to know that the conference kicked off with opening remarks from Citibank’s Michael Parker who was beamed-in live from London. The gracious hosts of the event were Salomon Smith Barney High Yield Analyst Brian Johnson and veteran Citbanker Jim Grubbs who came over from London.
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