TUESDAY, OCTOBER 20, 2015, 10:00 AM ET
3:00 PM LONDON | 4:00 PM PARIS | 5:00 PM ATHENS | 10:00 PM HONG KONG
DURATION: 40 MINUTES FOLLOWED BY Q&A SESSION
LISTEN TO OUR EXPERT PRESENTERS LIVE FROM YOUR OWN DESK
The Webinar will discuss trends and developments in the product tanker sector, including supply and demand, asset values and freight rates, second hand and newbuild markets, access to capital -- all key factors affecting the product tanker market today. The discussion will focus on the sector and not on individual companies.
INTRODUCTORY REMARKS BY
Nicolas Bornozis, President, Capital Link, Inc.
Spiro Dounis is a Director at UBS responsible for the firm's Marine Transport research, including marine-related Master Limited Partnerships. Spiro has covered the energy sector and mining sector which provides him with a unique vantage point from which to analyze marine stocks that transport crude, refined products, LNG, iron ore, and coal.
Prior to re-joining UBS, Mr. Dounis covered upstream MLPs at JP Morgan and the Metals and Mining sector at UBS. He is a CFA charterholder and Certified Public Accountant.
Concordia Maritime (STO:CCORB)
Kim Ullman has served as CEO of Concordia Maritime since 2014. Prior to that, he was with Stena Group since 1983. Mr. Ullman was recruited in 1983 to Stena Bulk as chartering manager and through the years he has had a number of positions in the company, including that of Vice President since 1987. He was one of the initiators and driving forces behind the formation of the strategic marine alliance with Texaco (StenTex) in the mid-1990s and was also the President of this company between 2000 and 2005, stationed in Houston, Texas. During this period, he also managed the formation of the suezmax pool Stena Sonangol Suezmax Pool. Mr. Ullman returned to Gothenburg as Executive Vice President with responsibility for business strategy. He also served as Managing Director of Stena Weco, which is one of the principal players in the shipping of petroleum products and vegetable oils. Since 2012, he has been responsible as CEO of Stena LNG for Stena’s new investments in LNG transportation. Mr. Ullman holds an Advanced Management Degree from Stockholm School of Economics.
d’Amico International Shipping S.A. (Borsa Italiana: DIS)
Marco Fiori joined COGEMA S.A.M. in 1996 as managing director and since that time has held many other executive positions in d'Amico Group companies. Prior to joining the d'Amico Group, Mr. Fiori was employed in the New York branch of Banca Nazionale dell'Agricoltura. He was initially responsible for the loan portfolio and business development of Fortune 100 companies based on the U.S. West Coast and later, for overseeing and managing the entire U.S. business development market.
From 1990 to 1994, he held the position of head of credit and in 1994 was promoted to the position of senior vice-president and deputy general manager of the New York branch with direct responsibilities for business development, treasury and trading. Mr. Fiori obtained a Bachelor of Science in Economics and Finance from Rome University in 1979 and an MBA from American University in Washington D.C. in 1984. He lives in Monte Carlo, Monaco.
President and Director
Scorpio Tankers, Inc. (NYSE: STNG)
Mr. Robert L. Bugbee is President and Director of Scorpio Tankers Inc. He has more than 26 years of experience in the shipping industry. He joined the Group in February 2009 and has continued to serve there in senior management.
From 1995 to 2007, Mr. Bugbee was employed at OMI Corporation, or OMI, a NYSE-listed tanker company sold in 2007. While at OMI, Mr. Bugbee most recently served as President from January 2002 until the sale of the company, and he previously served as Executive Vice President since January 2001, Chief Operating Officer since March 2000 and Senior Vice President of OMI from August 1995 to June 1998. Mr. Bugbee joined OMI in February 1993.
Prior to this, he was employed by Gotaas-Larsen Shipping Corporation since 1984. During this time he took a two year sabbatical from 1987 for the M.I.B. Programme at the Norwegian School for Economics and Business administration in Bergen. He has a Fellowship from the International Shipbrokers Association and a B.A. (Honors) in from London University.
The webinar will consist of a roundtable discussion with the moderator and the panelists. It will last for a total of one hour. 45 minutes will be allotted for the panel discussion, which will be followed by a 15-minute Q&A session. This webinar will be archived and available for replay upon registration from October 21, 2015.
Q&A SESSIONS - Submitting Questions
Participants can submit questions to the panelists prior to or during the event through the special feature on the event page, or they can email them to us at firstname.lastname@example.org. Questions should be sector focused rather than company specific.
A transcript of the panel discussion will be publicly available at no cost within approximately 48 hours after the event. Those who are interested can request a copy when they register for the event or afterwards through the event page as indicated.
ABOUT CONCORDIA MARITIME
Concordia Maritime is an international product tanker shipping company that focuses on safe, sustainable and reliable transportation of refined petroleum products and vegetable oils. Concordia Maritime’s operations are conducted in close cooperation with several of the companies in the Stena Sphere. The company's B shares were admitted to trading on Nasdaq Stockholm in 1984.
Concordia Maritime's business model aims to enhance shareholder value through the daily ship operations and the active purchase and sale of vessels. For more information, please visit the company’s website www.concordiamaritime.com.
ABOUT D’AMICO INTERNATIONAL SHIPPING S.A.
d’Amico International Shipping S.A. is a subsidiary of d’Amico Società di Navigazione S.p.A., one of the world’s leading privately owned marine transportation companies, and operates in the product tankers sector, comprising vessels that typically carry refined petroleum products, chemical and vegetable oils. d’Amico International Shipping S.A. indirectly controls, either through ownership or charter arrangements, a modern, high-tech and double-hulled fleet, ranging from 35,000 and 51,000 deadweight tons. The Company has a history and a long tradition of family enterprise and a worldwide presence with offices in key market maritime centres (London, Dublin, Monaco and Singapore). The company’s shares are listed on the Milan Stock Exchange under the ticker symbol ’DIS’. More detailed information can be found on the company's website www.damicoship.com.
ABOUT SCORPIO TANKERS INC.
Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns 80 product tankers (18 LR2, 15 Handymax, and 47 MR tankers) with an average age of 1.1 years and time or bareboat charters-in 16 product tankers (four LR2, three LR1, four MR and five Handymax tankers). The Company has contracted for eight newbuilding product tankers (four MR and four LR2 tankers). The four LR2s are expected to be delivered in 2016 (one per quarter), and the four MRs are expected to be delivered within the first half of 2017. The Company has also reached an agreement to sell one of its Handymax product tankers, which is expected to close in October 2015. Additional information about the Company is available at the Company's website www.scorpiotankers.com.
ABOUT CAPITAL LINK, INC.
Capital Link is an Advisory, Investor Relations and Financial Communications firm with strategic focus, among other, on the maritime industry working with the majority of sector companies listed on the U.S. and European Exchanges. Capital Link's headquarters are in New York with a presence in London, Athens and Oslo. It is a member of the Baltic Exchange. In our effort to enhance the information flow to the investment community and improve investor knowledge of shipping, Capital Link has undertaken a series of initiatives beyond the traditional scope of our investor relations activity through its websites, weekly newsletter, webinars, forums, and the Capital Link Maritime Indices.
Capital Link - New York - London - Athens - Oslo
230 Park Avenue - Suite 1536 - NY - New York 10169, USA - Tel.: +1 212 661 7566 - Fax: +1 212 661 7526
Longcroft House,2-8 Victoria Ave, London, EC2M 4NS, U.K - Tel. +44(0) 203 206 1320 - Fax. +44(0) 203 206 1321
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