Japan Ship Finance Forum

Accommodations

We have secured a corporate rate for our delegates at JPY9,500 per night including breakfast and taxes. You need to register as a delegate before we can send you the reservation form for the hotel.

今治国際ホテル
〒794-8522　愛媛県今治市旭町2-3-4　

TEL: +81 898-36-1111　FAX: +81 898-36-1139
　E-MAIL：info@imabari-kokusai-hotel.co.jp

Agenda

We are very pleased to have moved our annual forum to Imabari City, Shikoku Island and will include on May 14th a shipyard tour of Saijo Shipyard followed by the Official Opening Dinner sponsored by Imabari Shipbuilding Co., Ltd. The forum on the 15th will also be concluded with the Official Closing Dinner for all delegates.

This year's forum will be more important than ever considering the global financial volatility, USD/JPY exchange rate and nervous shipping markets. The forum will identify the funding capacity for Japanese shipowners from domestic and foreign banks following the sub prime crisis as well as other cost saving measures for owners.

Our keynote speaker will be Mr. Yukito Higaki - President of Imabari Shipbuilding Co.

May 14th
Imabari Shipbuilding Co., Ltd. shipyard tour of Saijo Shipyard and Official Opening Dinner

13:00 Departure with bus from Imabari Kokusai Hotel (1 hour in transit)
14:00 Shipyard tour of Saijo Shipyard *
* (Persons involved in the shipbuilding industry should refrain from participation)
16:00 Return with bus to Imabari Kokusai Hotel (1 hour in transit)
19:00 Cocktail reception and Official Opening Dinner sponsored by Imabari Shipbuilding Co., Ltd.
May 15th
“Adapting to the Current Financial Volatility”

08:30 Registration and Welcome Coffee/Tea
09:00 Welcome Remarks by Organizer and Official Partner
Mr. Peder Bogen – President, Marine Money Asia
Mr. Jun Ohta – General Manager of Structured Finance Dep., SMBC
09:10 Keynote Speech
Current situation in ship building/shipping industry
Introducing Imabari Shipbuilding Co., Ltd. - growing together with shipowners
Mr. Yukito Higaki – President, Imabari Shipbuilding Co., Ltd.

SETTING THE STAGE

10:10 Global Macro Economic Overview
Financial crisis and its effects on interest rates and trade
USD vs. YEN outlook
Changing environment of funding sources
Dr. Matthias Umlauf – Senior Economist, HSH Nordbank
10:40 Credit Market Outlook
Sub-prime crisis and it’s effect on shipping banks in Japan and International
Mr. Rodricks Wong – Financial Analyst, Marine Money Asia

11:00 Networking Break

11:20 Outlook for the dry-bulk shipping sector
Medium term outlook
Asian iron-ore contract’s effect on demand and supply
Mr. Eivind Lyford – Associate Director – Dry Cargo, Fearnleys Asia (Singapore)

11:40 Japanese Shipowners in Perspective
Impact on Japanese shipowners by the ship management cost and Yen exchange rate change
Mr. Shin Watanabe – Joint General Manager of Corporate Research Dep., SMBC

IMPROVING YOUR OPEX

12:00 Ship-Management: Sustaining Cost Efficient Shikoku Charters
Mr. Ole B. Stene – Chairman, InterManager/MD, Aboitiz Jebsen Bulk Transport Corp.

12:20 Bunker Cost: Hedging Opportunities
Mr. Paul H. Stebbins – Chairman & CEO, World Fuel Services Corp.

12:40 Reducing your cost by choosing the right flag
Ship mortgages as a financing vehicle for Japanese owners
The flag state’s role in protecting the security interests of lenders
The financial advantages to owners of forming corporate entities in reputable jurisdictions
Mr. Masaharu Okamoto – Japan Representative, Marshall Islands Ship Registry/ IRI

13:00 Networking Luncheon Sponsored by Calyon

REDUCING YOUR CAPEX – CHOOSE THE RIGHT COUNTRY FOR YOU

14:20 Financial Support for the Japanese Shipowners by DBJ
Mr. Yoshiteru Fujita – Deputy Director of Transportation Dep., DBJ

14:40 Dubai Maritime City
Mr. Nawfal Al-Jourani – Chief Marketing Officer, Dubai Maritime City

15:00 Singapore; Benefiting from a Friendly Tax system & Stock Exchange
Ms. Suan Hui Tan – Vice President of Listings Dep., Singapore Exchange

15:20 Networking Break

UNDERSTANDING THE BANK’S CAPACITY FOR JAPAN’S SHIPOWNERS

15:45 Panel Discussion: How do We Pay for the Order Book?
What is the funding need for the global and Japanese shipping industry until 2013?
Where is the shortfall going to be made up?
Where will the next frontier of ship finance be?
Ms. Kikuko Asai, Deputy GM, Corporate Banking Div. No.16, Mizuho Corporate Bank
Mr. Harvey Ven – Director, Calyon Asia Shipfinance Ltd.
Two local banks invited
Moderator: Mr. Yohei Ugari - Head of Business Promotion Group/Shipping Finance Dep./Structured Finance Dep., SMBC

SHIPOWNERS & MEGA CARRIERS EXPRESS THEIR VIEWS

16:30 Panel Discussion: Who will pay for the Order Book?
3 local tonnage providers and the 3 mega carriers discuss
Mr. Genji Ohkouchi – President, Doun Kisen Co., Ltd.
Mr. Katsuya Abe – President, Nissen Kaiun Co., Ltd.
Mr. Makoto Yamaguchi – Executive Officer & GM, Bulk Carrier Division, Mitsui O.S.K. Lines, Ltd.
Moderator: ITOUCHU Corporation invited

17:15 Closing Remarks by Organizer and Official Partner
Mr. Peder Bogen – President, Marine Money Asia
Mr. Junya Yoshida – General Manager of Shipping Finance Dep./Structured Finance Dep., SMBC
17:30 Closing Cocktail Reception & Official closing dinner sponsored by Marshall Islands Ship Registry

Program content subject to change without notice.