present&

26th Annual Marine Money WeekJune 18-20, 2013The Pierre Hotel, New York City“RISK ON!”

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

Media Sponsors

Corporate Sponsors

CAPITAL MARKETS

Now in its 26th year, Marine Money Week is the world's largest gathering of the in-ternational ship financing community.

With more than 1,000 leading ship owners, private and public equity investors, com-mercial and investment bankers and other transaction participants coming togetherin New York each June, there is no more time or cost efficient way to develop key re-lationships and market intelligence than Marine Money Week. To see who attended in2012 Click here.

Marine Money Week is also an ideal time for companies to organize bank meetings,private dinners, cocktail receptions, board meetings, investor 1x1s, company updatesto shareholders and project presentations to private equity investors.Click here to see photos of Marine Money Week 2012

Top Reasons to Attend Marine Money Week:

· Determine market direction from front line players - Shipping sectors are no longer correlated.· Develop an opportunistic investment strategy - That balances risk and return.· Learn restructuring trends, precedents & Case Studies - Avoid damaging mistakes.· Uncover distressed investments - From bank loans to vessels.· Meet new lenders to shipping - Understand what they're looking for.· Raise Private Equity - Structures that work.· Explore the Norwegian bond and KS markets - A key source of ship finance.· Find Jones Act investments - Benefit from US domestic oil production.· Examine sources of vessel leasing - From KS to BDCs to single investor.· Connect with Family Offices and Pension Funds - That like shipping.· Network with EXIM Banks - Meet key players from around the world.

We invite you to join us and register today!

26th Annual Marine Money Week

June 18-20, 2013The Pierre Hotel, New York City

“RISK ON!”

&

TUESDAY AFTERNOON, JUNE 18, 2013Grand Ballroom

1:00 Registration: Garden Foyer

The United States Tanker TradeEnergy Independence & its Impact on the US and

Foreign Flag Tanker Market

1:50 Conference Convenes – Grand Ballroom

Chairman’s Opening RemarksSpeaker TBA

2:00 Legal Considerations of the Jones Act – what every investor needs to know

• An overview of the legislation • Recent waivers and challenges• Exporting crude oil, products & gas: state of permittingTony Salgado, Partner, Blank Rome LLP

2:20 US Production and its effect on the tanker market• Assessing the changing Sources of oil and gas• Terminal capability for processing US crude• Why are Jones Act product tankers carrying crude?• Impact on the foreign flag MR tanker market Speaker TBA

Valuation, Financing & Capital Markets

2:40 Valuation & Exit strategies from US Flag and Jones Act Investments

• Valuing Jones Act companies• Unique characteristics of Jones Act assets which impact valuation• Strategic sale or IPO: case studies of deals done Matt Thomson, Managing Director, Transportation Investment Banking,Bank of America Merrill Lynch

3:00 A Lender’s View on Financing Jones Act AssetsAndrea Zana, Director, CIT Maritime Finance

3:15 LNG as the fuel for ships: Why it’s happening in America• Case Study: Harvey GulfFrank Donnelly, Managing Director, Wärtsilä North America, Inc.

3:30 Equity Investing in The Jones Act• Case Study: American PhoenixHarry V. Toll, Managing Partner, Alterna Capital Partners LLC

3:45 US Energy Independence: How Transportation Companies are Benefitting

Eric F. Smith,Chief Commercial Officer & Head of Government Affairs,OSG Ship Management, Inc.Dick Fagerstal, Senior Vice President, Corporate Development & Finance, SEACOR Holdings Inc.Louis Samson, Partner, Platinum Equity

Structuring Premium Performance into Deals. Casestudies of current investment options and struc-tures for maritime investment options.

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

**A limited seating presentation by - the leading

investment and risk management advisor in shipping**

TUESDAY AFTERNOON, JUNE 18, 2013SPECIAL BREAKOUT SESSION

Wedgwood Room

9:55 Asia’s rise, Arctic change and energy trade: Myths, realities and implications for the shipping industry

Leiv Lunde, Director, Fridtjof Nansen Institute and an expert in analyzing Asian interests in the Arctic, with a special emphasis onshipping, energy and climate.

10:15 Networking Coffee – Garden FoyerSponsored by:

10:45 Leading Public & Private Companies Share their Strategies and Observations on the Changing Energy Markets

Product TankersPer F. Heilmann, Executive Vice President & Chief Risk Officer, Heidmar Inc.

Crude Oil TankersTor Olav Trøim, Vice Chairman, Frontline Ltd.

An Oil Company's Strategies for Acquiring TonnageMichael Reardon, Manager Global Strategy & Freight Trading, Phillips 66

LPG CarriersJan M. Valkier, Managing Director, Anthony Veder Group N.V.

LNG Carriers Paul Wogan, CEO, GasLog Ltd.

A Trading Company's Perspective Gregg Plunkett, Executive Director, Morgan Stanley

Co-Moderator: Christos G. Papanicolaou, Managing Director, Business Development, Charles R. Weber Company, Inc.

12:45 Deal of the Year Awards Luncheon – Cotillion RoomSponsored by:

WEDNESDAY, JUNE 19, 2013Grand Ballroom

7:45 Registration and Continental Breakfast – Garden Foyer

Investment & Financing Opportunities for the Most Remarkable Shipping and Energy Story in

Half a Decade!

8:55 Welcome from Marine Money

9:00 Chairman’s Opening RemarksJeffrey D. Pribor, Managing Director & Head of Maritime InvestmentBanking, Jefferies LLC

Future of Energy Transportation

The past three years have witnessed some of the fastest and most dramaticshifts in the history of fossil fuels – shifts that fundamentally impact seaborneenergy transportation. In this session, learn how key shipping industry leadersare positioning their businesses to capitalize on changes in energy production,transportation and consumption.

Later this morning, through highly-focused 15 minute presentations, leadingmaritime transportation and energy experts share their strategies for capitalizingon trends in energy transportation - critical insight for investors, lenders, traders& oil companies.

• Is a Super Cycle for Product Tankers underway? Is it IPO time?

• China GDP under 10%: What it means to tanker demand

• Swelling Oil Major and trading company newbuilding programs: why?

• Crude Oil Tankers: Determining their future

• Quantifying the impact of the Arctic Route

• Private Equity: it is distorting ship values?

• Amortization holidays: Helping or hurting the industry?

• Cash flow: managing in a world of high bunker prices, low freight rates andunfavorable payment terms

• Terminals and logistics

9:10 Keynote AddressWilbur Ross, Jr., Chairman & CEO, WL Ross & Co. LLC

9:30 Outlook for Energy Transportation, Refineries & TerminalsOle Slorer, Managing Director & Head of Energy Research, MorganStanley

Directly following the conference for 1.5 hours:

We Welcome all Attendees to join us for aNetworking Cocktail Reception in The Garden Foyer

Graciously Sponsored by:

Commercial Banking

2:00 Conclusions from the 3rd Annual ABN AMRO Survey of Shipping CEOs & CFOs

Gust Biesbroeck, Head of Transportation, ABN AMRO Bank N.V.

2:15 Defining the “New Normal” in Ship Finance• The Restructuring Cycle: Where are we? • Legacy Loans: Collaboration between lenders and private equity • New Regulations: Finding constructive solutions • Funds and Banks working together • Profile of New DealsKristin H. Holth, Global Head of Shipping, Offshore & Logistics, DNBBank ASAMichael A.J. Parker, Global Industry Head, Shipping & Logistics, CitiHans C. Kjelsrud, Global Head of Shipping, Offshore, Nordea BankNorge ASAMahesh Balakrishnan, Senior Vice President, Oaktree Capital Management, LPModerators: Daniel C. Rodgers, Partner, Watson, Farley & Williams(New York) LLPNigel Thomas, Partner, Watson, Farley & Williams LLP

3:00 Networking Coffee – Garden Foyer

Restructuring, Distress & New Money

3:30 A Case Study of Success: HSH & Navios Innovate with $300 million structure

In April 2013, HSH Nordbank and Navios Group announced the groundbreakingclosing of a 10 vessel transaction in which Navios assumed ownership of fivecontainer vessels and five tankers. By using a combination of new money andparticipating debt, the original borrowers were release from their obligations,Navios grew its fleet at a good time in the cycle and HSH reduced its overall ex-posure by about 50% while retaining upside when market conditions improve.Ted Petrone, President, Navios Corporation

3:40 New Money and Nuanced Restructurings in a Shifting Marketplace for risk

• Lessons from Scandinavia: structuring risk• The Secondary Market in Bank Loans• New strategies for re-capitalizing distressed assetsTed C. Petrone, President, Navios Corporation TBCWit Derby, Managing Director, FTI ConsultingJohn J. Monaghan, Partner, Holland & Knight LLPLisa J. Donahue, Managing Director & Co-Head NA RestructuringPractice, AlixPartners, LLPAage Figenschou, Partner & Chairman, Oslo Marine Advisors (OMA)Moderator: Steven R. Strom, Global Head of Restructuring & Recapitalization, Jefferies LLC

4:30 Restructuring • Shipping Restructuring: from Chapter 11 to Out of Court Solutions• Case Studies: Recent TrendsFlorian Degenhardt, Partner, White & Case LLP GermanyDaniel M. Aronson, Managing Director, Lazard Frères & Co. LLCOther panelists TBAModerator: Thomas Lauria, Partner and Global Head of Financial Re-structuring and Insolvency, White & Case LLP US

INVESTOR BOOT CAMP

WEDNESDAY, JUNE 19, 2013Wedgwood Room

8:00 Registration and Continental Breakfast – Garden Foyer

Private Equity For Shipping: Critical Considerations

9:00 Why I left banking to become a Greek Shipowner:10 Lessons Learned

Hamish Norton, Managing Director, Oceanbulk Maritime (USA) Inc.

9:15 Investing Equity into the ReboundAndy R. Dacy, Managing Director & CEO - Global Maritime, J.P. Morgan Asset ManagementMUR Shipping TBARandee E. Day, President & CEO, Day & Partners LLCAristides J. Pittas, Chairman & CEO, Euroseas Ltd.Moderator: Harry Theochari, Partner & Head of Transport, NortonRose LLP

10:00 How Investors and Ship-Owners Can Maximize Revenuethrough Shipping Pools

• Fleet Size & Diversification Generate A Much Needed Premium

Jason P. Klopfer, Commercial Director, Navig8 America

10:20 Networking Coffee – Garden FoyerSponsored by:

The Dry Bulk Market

Session Moderator: Douglas J. Mavrinac, Managing Director, EquityResearch, Jefferies LLC

11:00 The Potential Dry Bulk Recovery: Timing and Investment Tactics

• Does China's GDP need to expand at 10%+ for the dry bulk shipping market to work?

• What's really happening with dry bulk shipping fleet growth?

• Can the dry bulk shipping market recover, or, is the current oversupply a chronic illness?

• Does Eco really matter in dry cargo shipping?

Nicolay Dyvik, Head of Shipping Research, DNB Markets

11:20 Ship Recycling Update and ForecastEvan F. Sproviero, Trading, Projects & Finance, GMS (USA)

11:35 Purchase, time charter or spot market: A commodity producer’s view on covering its dry cargo transportation requirements in today’s market

Hans Christian Jensen, Director, Ocean Freight, ADM

11:50 Dry Bulk Company PresentationsSpyros I. Capralos, President & CEO, Star Bulk Carriers Corp.Ted C. Petrone, President, Navios CorporationJohn C. Wobensmith, President, Baltic Trading Ltd.Safe Bulkers Inc. Speaker TBA

12:30 Rankings Award Luncheon – Cotillion RoomSponsored by:

THURSDAY, JUNE 20, 2013Grand Ballroom

ENCORE PRESENTATION!

Structuring Premium Performance into Deals. Case studies of current investment options andstructures for maritime investment options.

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

**A limited seating presentation by - the leading investment and risk management advisor in shipping**

THURSDAY MORNING, JUNE 20, 2013SPECIAL BREAKOUT SESSION

Wedgwood Room

Hot Topics in the Capital Markets

1:55 Chairman’s Opening RemarksJeffrey D. Pribor, Managing Director & Head of Maritime InvestmentBanking, Jefferies LLC

2:00 What it Takes to Sell a CompanyCraig Fuehrer, Managing Director, Deutsche Bank Securities Inc.

2:20 US High Yield Bonds Update: New Issues and Current Pricing and Valuations

Stathis Karanikolaidis, Managing Director, J.P. Morgan Securities Inc.

2:40 The Norwegian Bond MarketsChristian G. Moxon, Corporate Finance, Pareto Securities AS

3:00 Breaking the Cycle: What the shipping industry can learn from container leasing

Loli Wu, Managing Director, Investment Banking, Bank of AmericaMerrill LynchFrancis X. Nolan, III, Shareholder, Vedder Price P.C.

3:30 Alternative Sources of Secured & Unsecured DebtChris J. Weyers, Managing Director, Stifel

Session Moderator: William S. Haft, Partner, Orrick, Herrington & Sutcliffe LLP

Networking Coffee – Garden Foyer

4:00 Robert Bugbee's Annual Analyst Toast & Roast

Douglas J. Mavrinac, Managing Director, Equity Research, Jefferies LLC

Fotis Giannakoulis, Vice President, Morgan Stanley

Urs M. Dür, Managing Director, Director of Research, Clarkson Capital Markets

Jonathan B. Chappell, Managing Director, Research, Evercore Partners Inc.

Justin B. Yagerman, Director, Deutsche Bank Securities Inc.

Herman Hildan, Analyst, RS Platou Markets AS

Omar M. Nokta, Managing Director & Senior Shipping Analyst, GlobalHunter Securities, LLC

Nicolay Dyvik, Head of Shipping Research, DNB Markets

Sam J. Margolin, Equity Research, Cowen Securities LLC

Moderator: Robert Bugbee, President, Scorpio Tankers, Inc.

4:55 Chairman’s Closing Remarks

Jeffrey D. Pribor, Managing Director & Head of Maritime InvestmentBanking, Jefferies LLC

5:00 Marine Money Thank You and Conference Concludes

The Deal Room, located down the hallwayfrom registration, an island of quiet for business discussions.

Tuesday, June 18 – 2:00 pm - 5:00 pm

Wednesday, June 19 – 9:00 am – 5:00 pm

Thursday, June 20 – 9:00 am - 5:00 pm

***Program Subject to Change****

TUESDAY AFTERNOON, JUNE 18, 2013Grand Ballroom

WEDNESDAY, JUNE 19, 2013Grand Ballroom

26TH ANNUAL MARINE MONEY WEEK – June 18-20, 2013 The Pierre Hotel, Fifth Avenue at 61st Street, New York City

REGISTRATION FEE: Savings

o All 3 Days o Non-subscriber $3,215.00 o MM Subscriber* $2,893.50 10%

o BEST VALUE! Pay for three employees and get the fourth free! Each delegate must fill out full form.

o Special Package** $4,160.00 (Outside North America, please add $200 postage & handling. Connecticut Residents please add 6.35% Sales tax.)

Special Package includes:

• MMWeek Delegate fee. All 3 days ($3,215 Value)

• 1 year subscription to Marine Money Magazine & Freshly Minted (online weekly) & MM Asia (online bi-weekly) ($1,490 Value)

• Discount on future Marine Money conferences

*This discount ONLY applies if your office is a Marine Money subscriber. **Package for new subscribers only

CANCELLATIONS: Should you be unable to attend the forum for any reason, please inform us in WRITING and a credit voucher will be issued towards any future purchases of Marine Money publications and forums. Substitutions are welcome atany time, please inform us in writing of substitutions.If for any reason Marine Money decides to cancel this forum, Marine Money does not accept responsibility for covering airfare, hotel or any other costs incurred by registrants. Program content subject to change without notice.

Fax Back Now +1.203.406.0110 or Click here to register online

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