Conference season is in full swing by now, and the selection available in the world of shipping conferences continues to attain new levels. While excitement builds for Norshipping, during which Marine Money will be hosting an Oslo Ship and Offshore Finance Forum on June 14, and Marine Money Week in New York from June 19 to 21, we are particularly excited about our Japan Ship Finance Forum to be held in Tokyo on May 17. Our second annual Japan forum, 150 delegates have already registered, 65% of them owners. As the Japanese market continues to be one of the world’s most important but grows ever-more open, this conference presents a particularly unique set of opportunities to get acquainted with the market for Japanese ship finance and get to know the important players.
Dockwise Merger Shows Genius on Many Levels
The Dockwise Sealift merger makes sense on many levels. Financially it enables 3i to take some cash off the table from their late 2006 purchase of the company, while giving it a majority stake in the merged company going forward. It gives Sealift, a company with 6 ships on order and a small staff of just 12 or 13, instant management, market credibility, and a powerful global presence, addresses a Dockwise challenge of bringing in new tonnage, furthers the consolidation in a very specialized sector and gives investors an opportunity to participate in a market with attractive dynamics.
This is only an excerpt of The Week in Review – 05/03/2007
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