Thursday, March 6, 2008

Industry to tackle global shipping issues

International delegates will join members of the local shipping, insurance and banking industries in a two-day conference at the end of the month to tackle the major issues affecting global shipping, with particular emphasis on the outlook for Asia.

They will participate in the Asia Pacific Maritime 2008 Conference starting on March 27. It is being organized in conjunction with the 10th presentation of the Asia Pacific Maritime exhibition - a major event in the maritime calendar in Singapore. Eminent industry persons will engage conference delegates on some of the geopolitical developments impacting the shipping and maritime industries. They will also look at the prospects the rising BRIC nations (Brazil, Russia, India and China) bring to the table, and how Asian countries can tap the economic effects of rising trade volumes. Coming at a time when financial markets are in disarray as a result of the continuing turbulence created by the sub-prime mortgage crisis in the United States, delegates can look forward to a discussion on the topic as well. Lawyer Robson Lee, a partner at Singapore legal firm Shook, Lin and Bock, will speak on 'The Sub-prime Crisis: Impact on financing shipping assets and IPOs'. But the outlook for shipping will take centre stage when a panel handles the topic, as shipping demand continues to be in a state of constant flux. The conference will cover shipping, logistics, ports, technology and equipment.
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