>

News

Hong Kong Shipping Finance Lecture

Posted on Friday, June 1, 2018

ICS LECTURE ON SHIPPING FINANCE ON 1ST JUNE

 

_8101767 (1024x544)

_8101742 (1024x680) IMG_0586 (1024x683) _8101744 (1024x698)_8101746 (1024x588)

Institute of Chartered Shipbrokers, Hong Kong Branch, in association with Standard Chartered Bank (Hong Kong) Limited held an insightful lecture in the evening of 1st June 2018 at the Indian Recreation Club. This event was greatly sponsored by ADAMAR International Ship Supply; DESAN Shipyard and Qingdao Headway Technology Co., Ltd.

Before the seminar, a memento was presented to Mr. Yokoi from Qingdao Headway Technology Co., Ltd. by the Institute Hong Kong branch chairman, Mr. Joseph Chau, FICS to expressed the sincere gratitude of the Branch for their great support.

Audience from different sectors of shipping industry including ship management companies, ship brokerage companies, the Hong Kong Polytechnic University were attracted by the topic of the seminar: An update on the current Ship Finance Market.

The speaker, Mr. Nils Kristian Kovdal is highly experienced in the shipping finance sector furthermore, he is now the head of the ship finance activities in Greater China and North Asia of Standard Chartered Bank.

Mr. Nils Kristian Kovdal delivered a comprehensive lecture which covered updated information, analysis and ideas about shipping finance market from the past to the near future. He started his lecture from impact of financial crisis on shipping and explained what reactions banks took afterwards. He showed a much clear picture of shipping bank market nowadays after going through financial crisis in terms of changing landscape, potential perils. Also, he mentioned some other players like JOL arrangers, export-import agencies, PE and Chinese leasing company, relatively new entrants to shipping. With challenges of sourcing debt finance that small companies might encounter, Mr. Nils Kristian Kovdal put forward some helpful suggestions related. Looking into the future, Mr. Nils Kristian Kovdal illustrated how new regulation is likely to affect shipping finance and end the lecture with a positive prospect of most of market projections. In the Q&A section, he also gave his sincere advice to students with ambitions to go in for shipping finance sectors.

IMG_0553 (1024x683) IMG_0591 (1024x683)

IMG_0597 (1024x683) IMG_0598 (1024x683)

After the speech, memento was presented to the speaker tonight, Mr. Nils Kristian Kovdal and two certificates were presented. One was presented to Mr Wan Yim Yu of Anglo-eastern company as an re-elected member of ICS and the other was to Emcee Ms. Yu Shen of last event held on 13th April in appreciation of her efforts of assistance in organizing the seminar about Ballast Water Management Systems.

The event ended as usual with some networking time; a great opportunity for the participants from different shipping sectors to mingle, exchange experiences and ideas and get to know each other.

Categories

Archive