US Capital Markets Fuels Shipping Opportunity

1,000 Delegates at Marine Money Week, The annual shipping and capital markets conference in NYC Pierre Hotel, June 22-24, 2010

Since January 2010 there have been 42 public equity transactions brought to market by the international shipping industry. Of these, 55% have been brought to the NASDAQ or NYSE and the other 45% in stock markets around the world. 21 have been completed and a further 19 are in progress. Together the dollar amount totals more than US$ 4.89 billion. More are in the pipeline.

While traditional ship lending banks remain capital constrained, the deep pools of risk tolerant capital to be sourced in the US capital markets has contributed to the shipping industry’s more orderly transition from boom to recessionary markets. The trend is international, like the shipping industry, with nearly half the total equity raised in markets outside of New York.

The opportunity to use the capital markets to further growth, build balance sheet strength and grab opportunistically available assets in the recession has been taken advantage of by both the world’s largest shipping companies and start ups.

Propelling the charge are increasingly market-savvy shipping industry managements combining skills with structuring expertise and execution resident in the US investment community.

Both these communities will be at the Pierre Hotel, June 22-24, 2010 for three days of conference sessions on asset, stock and corporate values, freight markets and corporate and vessel acquisition opportunities. Previous conferences have served as the launching pad for mega transactions. This year with the tragedy in the US Gulf, opportunity, prime assets and capital mix in a search for value at the low end of the world trade trough. One thing though is certain, the capital markets and shipping have a robust future together.

For more information on the event, please visit www.marinemoney.com