Tuesday, October 15, 2019 - The Metropolitan Club, New York City

Agenda



 
7:30 AM – 7:55 AM REGISTRATION
MORNING SESSIONS
WEST LOUNGE (1st FLOOR)
7:55 AM – 8:00 AM
WELCOME REMARKS

Mr. Nicolas Bornozis, President – Capital Link
8:00 AM – 8:05 AM
OPENING REMARKS

Mr. Theodore Jadick, Jr., Managing Director, CEO and President – DNB Markets, Inc. – Conference Chairman

  Audio Webcast
8:05 AM – 8:55 AM
DRY BULK SECTOR PANEL

MODERATOR: Mr. Christian Wetherbee, Director, Airfreight, Surface & Shipping - Citi Research

PANELISTS:
  Audio Webcast
8:55 AM – 9:25 AM
BUSINESS & TRADING OPPORTUNITIES IN ASIA

MODERATOR: Mr. Lee Klaskow,
 Senior Freight Transportation and Logistics Analyst – Bloomberg Intelligence
  Presentation/PDF

PANELISTS:
  Audio Webcast
  Video Webcast
WEST LOUNGE (1ST FLOOR) LIBRARY (2ND FLOOR)
9:25 AM – 9:40 AM 9:25 AM – 9:40 AM
ENERGY TRANSITION OUTLOOK

Mr. Sergio Garcia,
Manager - DNV GL

  Presentation/PDF
  Audio Webcast
PORT MASTER PLAN 2050

Mr. Robert LaMura, General Manager – The Port Authority of NY & NJ

  Presentation/PDF
  Audio Webcast
  Video Webcast
9:40 AM – 10:15 AM 9:40 AM – 10:15 AM
D-DAY IN SIGHT: ARE WE READY FOR 2020 AND BEYOND?

In 77 days from this forum, the new low sulfur regulations kick in and we embark on the longer journey towards reducing carbon emissions. The panel will discuss the experience of operators preparing for D-Day. It will also focus on the availability, standardization and compatibility of marine fuels; how this affects the industry on a wider scale and the response of main stakeholders such as engine manufacturers and insurers.

MODERATOR:
Mr. John Keough, Partner - Clyde & Co

PANELISTS:

  Audio Webcast
MARINE HIGHWAYS: A ROADMAP TO SUSTAINABLE FREIGHT TRANSPORTATION IN THE NORTHEAST

MODERATOR:
Mr. Ryan White
Director of Freight Initiatives, Ports and Transportation Department – New York City Economic Development Corporation

PANELIST:
  • Mr. Del Bobish, Executive Vice President / General Manager - Red Hook Terminals
  • Ms. Tiffany Torrey, CEO - Torrey Enterprises, LLC.

  Audio Webcast
  Video Webcast
10:15 AM – 10:50 AM 10:15 AM – 10:50 AM
BANK FINANCE

MODERATOR:
Mr. Anthony Salgado, Partner – Blank Rome

PANELISTS:
  • Mr. Evan Cohen, Managing Director and Group Head of Maritime Finance Business – CIT
  • Mr. Michael Parker, Chairman, Global Shipping, Logistics & Offshore – Citi
  • Mr. Jack Xu, Deputy Head of Shipping Finance Department - CMB Financial Leasing
  • Mr. Evan W. Uhlick, Head of Ocean Industries, North America - DNB

  Audio Webcast
  Video Webcast
CHEMICAL TANKERS PANEL DISCUSSION

MODERATOR:
Mr. Jim Cirenza
, Managing Director – DNB Markets, Inc.

PANELISTS:
  Audio Webcast
  Video Webcast
10:50 AM – 11:25 AM 10:50 AM – 11:25 AM
CAPITAL MARKETS

Are Capital Markets open to shipping? The panel will discuss where to raise capital (New York, Oslo or elsewhere) and the attractiveness and feasibility of alternative capital markets products (common or preferred equity, straight or convertible bonds). It will also discuss the approach and commitment of investment banks to the shipping industry.

MODERATOR:
Mr. Will Vogel, Partner - Watson Farley Williams

PANELISTS:
  Audio Webcast
  Video Webcast
INNOVATION AND DIGITALIZATION TRANSFORMING SHIPPING
Panel hosted by Tototheo Maritime

MODERATOR:
Ms. Despina Panayiotou Theodosiou, co-CEO – Tototheo Maritime; President - WISTA International
  Presentation/PDF

PANELISTS:
  Audio Webcast
  Video Webcast
11:25 AM – 12:05 PM 11:25 AM – 12:10 PM
PRIVATE EQUITY – INDUSTRY CONSOLIDATION & RESTRUCTURING

The involvement of Private Equity with shipping had a transformational impact. PE provided significant capital to the industry, and helped it to restructure and consolidate. The involvement of PE with shipping has diminished but it still maintains a strong presence. The panel will discuss what deals can currently attract PE investment and what is PE’s appetite and attitude for shipping today.

MODERATOR: 
Mr. Larry Rutkowski, Partner – Seward & Kissel LLP

PANELISTS:
  Audio Webcast
  Video Webcast
US GOVERNMENT UPDATE ON TRADE & SANCTIONS

UPDATE ON U.S. TRADE AGENDA – Presentation

Update is on the Administration’s overall US trade agenda generally including USMCA, UK EU Japan, China 301 enforcement, WTO

  • Ms. Christina Sevilla, Ph.D., Deputy Assistant U.S. Trade Representative for Small Business - Office of the U.S. Trade Representative, Executive Office of the President

UPDATE ON SANCTIONS

Joint Presentation by the U.S. State & Treasury Departments Maritime sanctions policy and implementation/enforcement issues (both UN sanctions and U.S. autonomous sanctions)

PRESENTERS & PANELISTS:
  • Ms. Jennifer Chalmers, Maritime Sanctions Advisor - U.S. Department of State, Bureau of International Security & Nonproliferation, Office of Counterproliferation Initiatives

  • Mr. Michael D. Wain, Sanctions Policy Advisor - Office of Foreign Assets Control, Policy Division, Department of the Treasury

NO PRESS OR MEDIA – CHATHAM HOUSE RULES APPLY
12:05 PM – 12:45 PM 12:10 PM – 12:45 PM
CONTAINER SHIPPING SECTOR PANEL

MODERATOR: 
Mr. James Jang,
Managing Director, Head of Maritime & Special SituationsAegis Capital Corp.

PANELISTS:

  Audio Webcast
  Video Webcast
GREEN SHIPPING – ESG INVESTING
Is a strong ESG platform a competitive advantage from a commercial and capital allocation perspective?


2020 marks the beginning of a longer journey as the industry sets out to meet a new challenge – de-carbonization. The panel will discuss the changing regulatory environment and strategies to make shipping more sustainable from an operating point of view. Environmental, Social and Governance issues are an increasingly relevant topic for the industry’s stakeholders and the importance of adapting to new realities will also be viewed in the context of how this may impact commercial opportunities and access to capital.

MODERATOR: 
Mr. Sergio Garcia,
Manager - DNV GL


PANELISTS:
  Audio Webcast
  Video Webcast
LUNCHEON & KEYNOTE ADDRESSES
1:00 PM – 2:20 PM  
The Honorable Mark H. Buzby (RADM USN, Retired),
Maritime Administrator - United States Department of Transportation

  Audio Webcast
  Video Webcast

 
Ms. Meg A. Gentle, President & CEO - Tellurian (NASDAQ:TELL)

Introductory Remarks by:
Mr. Theodore Jadick, Managing Director, CEO and President – DNB Markets, Inc.

  Audio Webcast
  Video Webcast
AFTERNOON SESSIONS
WEST LOUNGE (1ST FLOOR)
2:30 PM – 3:05 PM
LNG SECTOR PANEL

MODERATORS:
Mr. Nicolay Dyvik,
Head of Shipping Research – DNB Markets
Mr. Mats Bye, Equity Research Analyst - DNB Markets

PANELISTS:
  Audio Webcast
  Video Webcast
3:05 PM – 3:40 PM
INVESTOR ATTITUDES IN SHIPPING

The panel will discuss the changing landscape of investors and their attitude to shipping today. Will focus on institutional interest – are investors looking for value, growth, yield, momentum? Also, on the increasing role of individual investors. Active investors in shipping today represent a small fragment of the overall investor base – the panel will discuss what investors are looking for, what they expect from the companies they invest in in terms of business approach, governance, investor relations, transparency, market liquidity and more.

MODERATOR:
Mr. Nicolas Bornozis,
President - Capital Link

PANELISTS:
  Audio Webcast
  Video Webcast
3:40 PM – 4:15 PM
ALTERNATIVE FINANCE

The changing landscape of finance is enriched with several new platforms which are ready to provide debt financing to the shipping industry. Alternative Finance is becoming a bigger source of capital to the industry next to traditional banks, leasing houses and fixed income capital markets instruments. Furthermore, it is open not just to bigger companies but also to smaller and mid-sized owners, who represent a big portion of the industry.
The session will also include a Live Deal Offering by Yield Street, whose FinTech Platform combines Capital Markets & Technology. Yield Street’s last offering was oversubscribed in less than 40 seconds.

MODERATOR:
Ms. Amanda K. Brown
, Counsel – Reed Smith

PANELISTS:
  Audio Webcast
  Video Webcast
4:15 PM – 4:50 PM
PRODUCT TANKER PANEL

MODERATOR:
Mr. Randy Giveans,
Maritime Shipping Group Head, Equity Analyst – Jefferies

PANELISTS:
  Audio Webcast
  Video Webcast
4:50 PM – 5:30 PM
CRUDE TANKER SHIPPING PANEL

MODERATOR:
Mr. Nicolay Dyvik,
Head of Shipping Research – DNB Markets

PANELISTS:
  • Mr. Brian Gallagher, Head of Investor Relations – Euronav (NYSE: EURN)
  • Mrs. Lois Zabrocky, CEO – International Seaways (NYSE:INSW)
  • Mr. Robert Burke, CEO – Ridgebury Tankers
  • Mr. Eric Nagel, Director, Chartering and Freight Trading, Atlantic and Global Support Services Teekay Tankers (NYSE: TK)
  • Mr. Apostolos Tsitsirakis, Corporate Strategy Director – Tsakos Energy Navigation (NYSE:TNP)

  Audio Webcast
  Video Webcast
5:30 PM – 6:20 PM
ANALYST PANEL

MODERATOR:
Mr. Theodore Young,
Chief Financial Officer - Dorian LPG

PANELISTS:
  Audio Webcast
  Video Webcast
6:30 PM – 7:30 PM
NETWORKING COCKTAIL RECEPTION