Shipping Finance Workshop
Registration Deadline: 15 September 2017
Training Dates: 16 & 17 October 2017
Training Hours: 08:30 - 17:00
Location: CIIM Limassol ( View Map )
Language of Instruction: English
This programme seeks to present the main aspects relating to the financing of the world’s fleet, by making a comparison of existing (traditional) financial products, as well as attempt to shed some light on the new products which are to be made available in the foreseeable future. With extensive discussion and working examples on the loan analysis and underwriting process, the equity/IPO process, supplemented where applicable with the security and legal considerations.
Additional applicable areas relating to shipping finance will be discussed, such as, valuation methods, the use of Derivatives in shipping, the evolution and demise of the KG/KS structures, the effect of Basel III, and more. Throughout the presentation, both the financier/investors point of view as well as the owner’s opinion will be taken into consideration and delivered in an interactive and Q&A basis.
- Understanding essential concepts of shipping finance
- Appreciate a range of existing and foreseeable financial products
- Examine loan analysis, the underwriting process and equity/IPO process
- Appreciate validation methods and use of Derivatives in Shipping
- Understand the evolution and demise of KG/KS structures and the effect of Basel III
- Banking & Shipping professionals dealing with Shipping Finance
- Shipping Management Personnel including Accounting, Insurance, Operations and Management Staff
- Broking: Independent Chartering, Sale & Purchase teams
- Lawyers and Accountants, junior to mid-level
- Wealth Managers, HNWI practitioners
Topics to be covered
- Elements of the Ship Finance Business
- Economic Issues in Shipping and Recent Industry Trends
- Shipping and the Value Chain
- Consolidation in Shipping
- Smart Shipping
- The Debt – Equity mix and Debt Financing
- Types of loans and bonds
- Investment, Credit Analysis, & Lending
- Bank Shipping Credit Policy
- Credit & Loan Application process
- Valuation methodologies
- Mortgage, guarantees, assignments, shares, insurance, earnings
- Equity in the Shipping Business
- The IPO process
- Alternative Investments
- Implications of the Basel III Accord
- Derivatives in Shipping
- The German KG & Norwegian KS systems
- Leasing and Islamic Finance
All CIIM Executive Education programmes are developed and taught by CIIM resident and visiting faculty who are widely recognised as skilled professional trainers with local and international business experience. Through many years of business consulting and teaching experience, CIIM faculty develop innovative long-lasting practical concepts that shape the practice of your daily professional responsibilities. The result is a practical educational experience which is designed to have an immediate effect into your business environment.
Mr. Stergios Papageorgiou
Mr. Papageorgiou is a experienced Banking and Finance professional with leading US and Greek banks and has accumulated significant experience over primarily three areas: Banking & Finance, Consulting, and Academics, with particular emphasis in the Shipping sector. His overall experience has been over debt-restructuring, debt/equity placement, investment analysis, trade agreements and more. Academic tenure has been over shipping, finance, and economic topics.
He has worked for seven years in New York with a prominent commercial bank, specialising in “Commercial Real Estate” and “Project Finance”. Soon after his return from Greece and having acquired significant shipping experience, he returned to Banking as a ‘Relationship Manager’ with ‘Barclays Bank PLC’ managing the overall banking relationship of some of the most prominent Greek shipping companies, handling a portfolio in excess of US$350 mil. Following Barclays’ departure from the Greek market he joined ‘Egnatia Bank’ as ‘Shipping Manager’.
He served as Deputy General Manager, & CFO of ‘Sarlis Container Services’, a container Liner company with 12 feeder vessels, a “box” fleet of 12.000 units, with a mandate to manage the company’s day to day operation and to restructure its overall financial and business performance. Prior to this, Mr Papageorgiou worked as the Chartering Manager for ‘Eletson Corporation’ gaining valuable and in-depth experience in the shipping industry.
Per Participant: €550
No VAT is charged due to CIIM’s non-profit status. Fees include tuition, educational materials, lunch, coffee-breaks and refreshments.
To proceed with your registration, please click the button below to apply online. Reservation of seat is subject to availability.