On 14 and 15 September 2021, we participated in the largest ship finance conference in Asia – the 20th Marine Money Week Asia 2021. The hybrid event saw the first day of the conference being held in-person at the St. Regis Hotel, Singapore, while the second day was virtual and featured speakers from broader Asia and around the world.
In case you’ve missed the live stream, here are some key takeaways from both of our sessions.
Day 1
On the first day, our Deputy Managing Partner, Joshua Politis spoke in a panel discussion on “Maritime Decarbonisation – What else besides alternative fuels?” Moderated by David Barrow, Vice President, Marine & Offshore, Bureau Veritas, other panelists included:
- Chris Chatterton, Chief Operating Officer, Methanol Institute
- Sim Keat Lim, Managing Director, G2 Ocean
- Jack Jones, Deputy General Manager, NYK Bulkship (Asia)
Many key trends were highlighted during the discussion. For instance, Joshua mentioned how “the next 30 years will be full of innovation and new business models, and that you definitely will be rewarded for being the first” when it comes to being the first movers in R&D and pioneering the decarbonisation agenda.
Speaking more on the challenges that smaller companies face in gaining access to capital,he said: “Yes, it is difficult for smaller ship owners to get access (to capital), but it is not necessarily a given who is going to get that capital.”
“It might not be as easy for smaller companies but there is capital (such as on the equity or debt side). It’s not necessarily about getting better access to capital, but more so on how you won’t get access to capital if you don’t do anything on the ESG front,” he concluded.
To know more about the panel discussion, check out the full session here.
It’s not necessarily about getting better access to capital, but more so on how you won’t get access to capital if you don’t do anything on the ESG front.