World Finance Shipping Awards 2010
By World Finance, PRNEThursday, February 18, 2010
LONDON, February 19, 2010 - Over the last two years, credit markets have experienced contraction,
deleveraging and reduced liquidity, and governments have taken highly
significant measures in response to such events. The U.S. Securities and
Exchange Commission and other regulators are authorized to take extraordinary
actions in the event of market emergencies, and may effect changes in law or
interpretations of existing laws.
Shipping Finance has evolved with commercial market trends. Today, in
response to asset value reduction, the sector requires bullish resilience -
assessing the market outlook, exploring the latest capital raising methods
and evaluating the emerging business models.
Maritime deals present particular challenges due to the cyclical nature
of revenue streams and the fragmented market structure that prevents any form
of product differentiation. Wherever their clients operate, Shipping Finance
teams should have the knowledge and the experience to provide definitive
advice.
This year the World Finance Shipping Finance award winners have proven
their excellence in this field, working closely with them to provide
commercial, cost-effective solutions that help to maximise returns and manage
assets and risks; helping, too, to solve day-to-day problems, strengthen
balance sheets and resolve contractual disputes.
Best Shipping Finance Team: Greec Marfin Egnatia Bank S.A. Turkey Akbank T.A.S Singapore DBS Bank Germany HCI Capital UAE National Bank of Abu Dhabi Netherlands Credit Europe Bank UK Sumitomo Mitsui Banking Corp. Europe Ltd (SMBCE)
Notes for editors:
For further information, go to www.worldfinance.com, for the
latest economic and financial commentary from around the globe. Also, see
our videos, at www.worldfinance.tv, where some of the latest opinion
videos are showcased. World Finance is published by World News Media.
World News Media is a leading publisher of quality financial and business
magazines, enjoying a global distribution network that includes subscriber
lists of the most prominent and senior decision-makers around the world, as
well as comprehensive airport, hotel and conference site distribution.
For further media information contact: World Finance Michael McCaw Executive Editor +44(0)20-7014-0370 michael@worldfinance.com
For further media information contact: World Finance, Michael McCaw, Executive Editor, +44(0)20-7014-0370, michael at worldfinance.com
Tags: February 19, Germany, greece, London, Middle East, Netherlands, Singapore, Turkey, United Kingdom, World Finance