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 affect 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:
Greece
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)
(www.worldfinance.tv)