World Finance Shipping Awards 2010

By World Finance, PRNE
Thursday, 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
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videos are showcased. World Finance is published by World News Media.

World News Media is a leading publisher of quality financial and business
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    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

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