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2020 14th International Shipping Forum

DAY 2 – TUESDAY, MARCH 31, 2020

CAPITAL MARKETS – ARE THEY OPEN TO SHIPPING?

The panel will discuss where shipping companies can raise capital (is it New York or Oslo?) and under what type of instrument – common or preferred equity, straight or convertible bonds, baby bonds? Can we expect more IPOs or follow-on offerings? And what is the profile of issuers that can successfully tap the capital markets today?

 Moderator: Mr. Steven Hollander, Partner - Watson Farley Williams

 Panelists:

Christa Volpicelli, Managing Director, Global Transportation Group - Citi

Erik Helberg, CEO - Clarksons Platou Securities

Theodore Jadick, Jr., Managing Director, CEO and President - DNB Markets, Inc.

Nicolas Duran, Director - Partner - Fearnley Securities SA

Douglas Mavrinac, Global Head, Maritime Investment Banking - Jefferies LLC

2020 14th International Shipping Forum 

DAY 1 – MONDAY, MARCH 30, 2020

PRIVATE EQUITY, RESTRUCTURING, M&A, INDUSTRY CONSOLIDATION

 Regulatory, technological and market forces have a transformational impact on the shipping industry. Regulation is increasing, charterers and stakeholders in general are more demanding, and there is a need for higher capital investment.  Does this lead to restructuring, M&A and industry consolidation? Is there a PREXIT with Private Equity exiting shipping or are we seeing new entrants into selective projects? Can private equity accelerate the industry’s transformation?

 Moderator: Mr. John Imhof, Shareholder - VedderPrice

 Panelists:

Axel Siepmann, Managing Director - Braemar Naves

Michael Kirk, Co-Founder and Managing Director - RMK and Ascension

Chris Weyers, Managing Director, Head of Maritime Investment Banking – Stifel

Mr. Paulo Almeida, Portfolio Manager, Asset Backed Investments - Tufton Oceanic

2020 14th International Shipping Forum

DAY 1 – MONDAY, MARCH 30, 2020

LNG SHIPPING: SECTOR TRENDS & OUTLOOK

 Moderator: Mr. Michael Webber, Managing Partner - Webber Research & Advisory

 Panelists:

Oystein Kalleklev, CEO - FLEX LNG (FLNG)

Iain Ross, CEO - Golar LNG (GLNG)

Jefferson Clarke, Managing Director, LNG - Poten & Partners

Mr. Mark Kremin, President & CEO - Teekay Gas Group Ltd. (TGP)

2020 14th International Shipping Forum 

DAY 1 – MONDAY, MARCH 30, 2020

LPG SHIPPING: SECTOR TRENDS & OUTLOOK

 Moderator: Mr. Ben Nolan, Managing Director - Stifel Financial Corp.

Panelists:

Ulrik Uhrenfeldt Andersen, CEO - Avance Gas (NO: AVANCE)

John Lycouris, CEO - Dorian LPG (USA) LLC (LPG)

Jens Ismar, Executive Director Shipping – Exmar (EBR: EXM)

Zahid Afzal, Senior Analyst – LPG, Business Intelligence Team - Poten & Partners

2020 14th International Shipping Forum 

DAY 2 – TUESDAY, MARCH 31, 2020

DRY BULK SHIPPING: Sector Trends & Outlook

Moderator: Mr. Randy Giveans, Maritime Shipping Group Head, Equity Analyst - Jefferies LLC

 Panelists:

Mr. Martyn Wade, CEO - Grindrod Shipping Holdings (GRIN)

Mr. Loucas Barmparis, President & Director - Safe Bulkers, Inc. (SB)

Mr. Robert Bugbee, President - Scorpio Bulkers Inc. (SALT)

Mr. Stamatis Tsantanis, Chairman & CEO - Seanergy Maritime Holdings (SHIP)

Mr. Hamish Norton, President - Star Bulk Carriers Corp. (SBLK)

2020 14th International Shipping Forum

DAY 1 – MONDAY, MARCH 30, 2020

ANALYST ROUNDTABLE

 Moderator: Mr. Aristides Pittas, Chairman & CEO - Euroseas (ESEA) and Eurodry (EDRY)

 Panelists:

Omar Nokta, Managing Director, Equity Research - Clarksons Platou Securities

Randy Giveans, Maritime Shipping Group Head, Equity Analyst - Jefferies LLC

Ben Nolan, Managing Director - Stifel Financial Corp.

J. Mintzmyer, Lead Researcher - Value Investors Edge

Mr. Michael Webber, Managing Partner - Webber Research & Advisory

2020 14th International Shipping Forum 

DAY 1 – MONDAY, MARCH 30, 2020

LPG SHIPPING: SECTOR TRENDS & OUTLOOK

 Moderator: Mr. Ben Nolan, Managing Director - Stifel Financial Corp.

Panelists:

Ulrik Uhrenfeldt Andersen, CEO - Avance Gas (NO: AVANCE)

John Lycouris, CEO - Dorian LPG (USA) LLC (LPG)

Jens Ismar, Executive Director Shipping – Exmar (EBR: EXM)

Zahid Afzal, Senior Analyst – LPG, Business Intelligence Team - Poten & Partners

2020 14th International Shipping Forum

DAY 1 – MONDAY, MARCH 30, 2020

LNG SHIPPING: SECTOR TRENDS & OUTLOOK

 Moderator: Mr. Michael Webber, Managing Partner - Webber Research & Advisory

 Panelists:

Oystein Kalleklev, CEO - FLEX LNG (FLNG)

Iain Ross, CEO - Golar LNG (GLNG)

Jefferson Clarke, Managing Director, LNG - Poten & Partners

Mr. Mark Kremin, President & CEO - Teekay Gas Group Ltd. (TGP)

2020 14th International Shipping Forum 

DAY 2 – TUESDAY, MARCH 31, 2020

DRY BULK SHIPPING: Sector Trends & Outlook

Moderator: Mr. Randy Giveans, Maritime Shipping Group Head, Equity Analyst - Jefferies LLC

 Panelists:

Mr. Martyn Wade, CEO - Grindrod Shipping Holdings (GRIN)

Mr. Loucas Barmparis, President & Director - Safe Bulkers, Inc. (SB)

Mr. Robert Bugbee, President - Scorpio Bulkers Inc. (SALT)

Mr. Stamatis Tsantanis, Chairman & CEO - Seanergy Maritime Holdings (SHIP)

Mr. Hamish Norton, President - Star Bulk Carriers Corp. (SBLK)

2020 14th International Shipping Forum

DAY 1 – MONDAY, MARCH 30, 2020

ANALYST ROUNDTABLE

 Moderator: Mr. Aristides Pittas, Chairman & CEO - Euroseas (ESEA) and Eurodry (EDRY)

 Panelists:

Omar Nokta, Managing Director, Equity Research - Clarksons Platou Securities

Randy Giveans, Maritime Shipping Group Head, Equity Analyst - Jefferies LLC

Ben Nolan, Managing Director - Stifel Financial Corp.

J. Mintzmyer, Lead Researcher - Value Investors Edge

Mr. Michael Webber, Managing Partner - Webber Research & Advisory