Freshly Minted – January 27, 2000

UPCOMING MARINE MONEY CONFERENCES

SHIP FINANCE NEW YORK

Dear Ship Finance Friends, after several years of working together on the annual ship finance forum, Marine Money Magazine and commercial conference organizer IIR are going separate ways. As a result, we anticipate that there will be 2 ship finance conferences in 2000. Marine Money will continue to hold our 12th anniversary conference in June, so please save the dates June 20-21st. For the last 12 years, Marine Money has been committed to bringing you the most valuable programs and best networking opportunities at the most reasonable price possible. We are totally committed to Marine finance. Our interests are your interests and we appreciate you support.

BEST PRACTICES FOR SHIP VALUATION: MARCH 29TH: BALTIC EXCHANGE

The valuation debate is reaching a crescendo with the creation of the London Valuation Panel and several other attempts to bring a more balanced approach to the practice of valuing ships. As brokers, bankers, investors and owners comment to us and look on in amazement, we think the time has come to open the floor to an exchange of ideas on how this practice should be standardized and codified. To wit, Marine Money will host a one-day conference in London on March 29th. The conference will feature speakers on all aspects of valuation: technical, legal and commercial and the day will end with an open debate on the subject. We might even bring in a bondholder, just for good measure. We hope you will join us.

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