On Tuesday, the day before the International WorkBoat Show opens in New Orleans, you can hear from top finance experts at the WorkBoat Executive Summit.
If you want to find out about the best methods to access capital for your business and what the state of the current commercial marine finance market is, then you won’t want to miss the Summit. You will hear from two panels made up of top bank executives who specialize in marine finance.
I will be moderating the afternoon credit panel that features speakers from TCF Equipment Finance, KeyBanc Capital Markets, JPMorgan Chase and Wells Fargo Equipment Finance. You’ll hear about such topics as what financial information is required to underwrite a loan request, what the five Cs of credit (character, capacity, capital, collateral and conditions) are and how they affect your credit decision, and whether the panelists are seeing more loan modifications.
We have also planned two exciting keynote addresses. First up in the morning is Matt Taibbi, Rolling Stone contributing editor and author of Griftopia, a history of the financial crisis of 2008. In June, Taibbi wrote an article in Rolling Stone on how ratings agencies like Moody’s and Standard & Poor’s helped trigger the meltdown.
The afternoon keynoter will be Adrienne Slack, vice president and regional executive of the Federal Reserve Bank of Atlanta. Slack provides regional input into the Atlanta Fed’s monetary policy process.
The next day, the International WorkBoat Show opens in New Orleans. The keynote speaker at this year’s opening day of the show, Shipyard Day, is Shane Guidry, CEO of Harvey Gulf International Marine. Guidry is bullish on the U.S. Gulf of Mexico and expects to see his company’s fleet count, OSV day rates, utilization and long-term charters continue to strengthen over the coming quarters. Be sure to come and hear him talk all about his company’s expansion and outlook for the U.S. Gulf.
Also at the show, we are again featuring our popular WorkBoat Professional Series that focuses on business management, legal and regulatory issues, marine safety and security, and technical issues and advancements. There’s still time to sign up for both the Professional Series and the WorkBoat Show.
I hope to see you next week in New Orleans.