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Middle East Shipping: from Strength to Strength

On 14th February 2007 (yes, Valentine’s Day no less so why not make the most of it) Marine Money will proudly host the third Gulf Ship Finance Conference at the Grand Hyatt Hotel in Dubai. Our anchor sponsor is again Tufton Oceanic and our corporate sponsors include major owners from the region, international and regional banks and shipping service providers.

As at all our conferences we listened to feedback from our delegates last year and we have tried to include more local content this time. Not that all the speakers are from the UAE and the region; far from it. It is a noticeable ingredient of shipping companies in the region that shipping expertise is often imported from Europe and India. It is also noticeable that more and more of the shipping companies from the Gulf, as they are expanding by buying second hand and more so ordering new tonnage, are sourcing their debt from the large, traditional shipping banks of Europe. So what we end up with is a very unique agenda of local and regional shipping companies represented by either local or foreign shipping executives, and mostly major foreign lending institutions.

This is only an excerpt of Middle East Shipping: from Strength to Strength

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Written by: | Categories: Marine Money | January 1st, 2007 |

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