M A R I N EM O N E Y

W E E K

JUNE 17-19, 2008

THE PIERRE HOTEL

NEW YORK CITY

Lead Sponsor

M A R I T I M E

Corporate Sponsors

present

S U S T A I N I N GG R O W T H

w w w . m a r i n e m o n e y . c o m

Tuesday Afternoon, June 17, 2008 – Wedgwood Room

Where Will the $300 Billion of Capital Come From - 2009-2011?

A “Don’t Miss” executive briefing for every lender,and borrower, involved in marine finance

2:00 Chairman’s Opening Remarks

Simon Rose, CEO, Dahlman Rose & Co. LLC

2:05 Session Chairman

Kevin Kennedy, CFO, Synergy Marine Limited

2:10 Outlook for Capital Requirements

• Forecast for vessel values and charter rates• Quantifying the size of the order book • What will really get delivered – And need to be financed?

Dr Arlie G. Sterling, President, Marsoft, Inc.

2:30 Assessing the Capacity of the Global Ship Finance Industry

• Historical capacity of vessel financing markets• Who will supply debt finance for the $200 billion orderbook?• If Wall Street is Closed,Where will $100 billion of equity come from?

Michel Bourgery, Managing Director, Head of Advisory and M&A, DVB Bank

2:50 Ship Finance Market in the Naughties:Trends in Deal Size, Conditions in Syndication Market and Pricing

Rory Hussey, Managing Director, Syndicated Finance, ING Bank

3:10 International Commercial Banking & Debt Capital Markets

• Will traditional banks have adequate capacity?• Flight to modern assets:Where does it leave older tonnage• The role of shipbuilding governments like Korea, China and Japan• Financing “projects” not corporations• The need for mezzanine/junior debt

Ronny Bjørnådal, SVP & Global Head Syndicated Loans, Nordea Bank Hans Petter Aas, Head of Global Shipping, DnB NOR Andreas Povlsen, Managing Director, Global Shipping, BTMUHarris Antoniou, CEO, Energy, Commodities & Transportation, Fortis Bank Harald Kuznik, Global Head of Shipping, HSH Nordbank AG

4:00 The Borrower’s Perspective – Big Companies and Small

• What has changed?• Current market conditions• Outlook for capex needs• Non-recourse borrowing

Anthony Kandylidis, CEO, OceanfreightMarco Fiori, CEO, d'Amico International Shipping S.A.Felipe Menéndez, CEO, UltrapetrolEd Terino, CEO,Arlington TankersPaul Durham, CFO,Tsakos Energy Navigation

Moderator:

Lawrence Rutkowski, Partner, Seward & Kissel LLP