Owners to New York: Show us the Execution

by Matt McCleery

The title of last year’s 8th Annual Ship Finance Forum wrap-up article was “Owners to New York: Show us the Money”. As we gathered at the New York Palace Hotel in late June for Marine Money’s 9th Annual event, not a solitary delegate could argue that the Big Apple had not come through with the cash. This year, Marine Money also hosted the 1st Annual Ship Finance Tutorial, which provided an introduction to the art of ship finance. This experiment was so well attended that the morning it was to begin, organizers had to move the event to larger conference and dining rooms. The fact that John Fredricksen was one floor below the tutorial, pitching his Sea Transport High Yield deal was indeed encouraging for those who have decided to embark on a career in ship finance.

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