Research and Markets: Global Shipping Finance Review 2010/11: Shipping Directory of Approximately 2,500 Contacts

DUBLIN–(Business Wire)–
Research and Markets
(http://www.researchandmarkets.com/research/19d878/shipping_finance_r) has
announced the addition of the “Shipping Finance Review 2010/11″ report to their
offering.

The Review is completed by a shipping directory of approximately 2,500 contacts;
financiers, lawyers, insurers, and shipbuilders/managers from across the globe
and more.

Now in its 18th year of publication the Shipping Finance Review presents a
global picture of the major issues at the forefront of the ship finance
industry.

The introduction features a varied selection of views and opinions from
respected international maritime organisations, supported by informative
articles from leading shipping executives on a wide range of current topics of
debate. These are followed by chapters from the world’s top maritime lawyers and
financiers, which focus on the maritime policy and regulation of individual
shipping nations from across the globe, within law, finance, insurance, and
registration. Together, the individual country sections provide a comprehensive
worldwide account of current ship finance and law.

The Review is completed by a shipping directory of approximately 2,500 contacts;
financiers, lawyers, insurers, and shipbuilders/managers from across the globe.

Trusted and consulted by professionals across the sector, this annual presents a
global picture of the major issues at the forefront of the ship finance industry
today:

* Innovative ship finance solutions
* Focus on maritime policy, regulation and law
* Extensive appendix of shipping indices
* Directory of over 950 global shipping contacts
* Supported by informative articles from leading shipping executives on a wide
range of topics of debate

Review

“I always find Euromoney’s Shipping Finance Review a most useful and complete
reference book.” Jim Davis CBE K(DK), Chairman, IMIF

Companies Mentioned:

* Allen & Overy LLP
* Aon BankAssure
* Denton Wilde Sapte & Co
* Hill Dickinson LLP
* International Maritime Industries Forum
* Ince & Co
* KPMG
* Law Offices Carl Kincaid Mendes Vianna Advogados Associados
* Loyens & Loeff N.V.
* Mulla & Mulla & Craigie Blunt & Caroe
* SecondWind Shipping Limited
* Ura Menndez

For more information visit

http://www.researchandmarkets.com/research/19d878/shipping_finance_r

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Copyright Business Wire 2010

business-economics-and-finance, industry, steel, government-and-politics, local-government, australia, nsw, kooragang-2304, newcastle

It takes a lot to get Sydney men excited. A pound of cocaine; six lap-dancers in a Kings Cross strippery; a win for the mighty Blues in Rugby League’s State of Origin against the despised Queenslanders might provoke a satisfied nod of the head.

But then again, for most that’s just an average Friday night.

So to hear them on the radio speaking with relief and eagerness about a new medical discovery was truly something wonderful.

Actual medical researchers – that is people with proper white coats and test tubes – from Cambridge University – proper Uni, home of Isaac Newton and Charles Darwin – have proved that when men get flu, they get it worse than women.

The switchboard filled with grateful men. They didn’t want to crow. They didn’t want to say I told you so. They just wanted to speak from the heart about how it felt to have their suffering validated.

For too long women have put quotation marks around “man flu”. When they say it, they do the quote mark gesture. A popular comic sketch has done the rounds of YouTube, satirising the general view that when men get the tiniest little sniffle they bung it on like a diving Italian striker.

But these tireless medical investigators, working on the frontiers of science, have found that men’s immune systems are weaker and so therefore the same flu will engender worse symptoms in men than in women.

Men are sad, sniffling victims of evolution.

The biological imperative to reproduce has reduced men to this ennervated state. As we suffer, we also find a strong will within us to mate. Perhaps this is our last chance to bestow the gift of our DNA. And then as we slowly find our strength, the unquenchable competitive drive sends us back out into society before we have regained our strength and so the risk of reinfection is high.

I’m not making this up.

People with “Dr” in front of their name found this out.

While men on their death bed rang into describe the double torture of their suffering and their partner’s indifference, women rang voices harsh with sarcasm.

“I’ve got a cure,” said Annie, “Take a teaspoon of cement and harden up.”

This attitude has to change.

Linda called and told us a shocking story.

“I ignored all the signs and thought it was just the ‘man flu’, [the quotation marks were audible] three days later he was in intensive care with pneumonia.”

We risk lives here. National productivity could be affected.

We soon had a call for the establishment of Man Flu Units in all our major hospitals.

Andy was quick to volunteer.

“I’m a male nurse. I’ve worked in intensive care, emergency, drug and alcohol units. I think that’s the kind of experience needed to run an MFU. I’d be happy to talk to health authorities about what’s needed,” he said.

By the end of the afternoon we’d established The Man Flu Foundation, dedicated to raising awareness of this crippling condition and finding a cure.

I’m the patron and I’m hoping soon that a beer company will put Man Flu bottle tops on its Pilsener to recognise Man Flu Week, that Malcolm Turnbull, now he’s free, will agree to be patron and we’ll hear from Messers Rudd and Abbott on a whole-of-government approach to dealing with what is a scientifically proven disease.

Dr Olivier Restif and Dr William Amos have published their findings in the Proceedings of the Royal Society B: Biological Sciences. That’s not Who Weekly.

James Valentine presents Afternoons on 702 ABC Sydney.

For more on the ‘man flu’, you can listen to the plea for donations to the Man Flu Foundation, or listen to the calls from 702 Sydney listeners battling ‘man flu’.

Warrior Minchin opts for a change in climate

Nick Minchin’s departure from politics after the next election will be a huge body blow to the Liberal Party right, all the more so if Tony Abbott performs poorly and the moderates move to regain the ascendancy.

In his book, Battlelines, Abbott says of Minchin that he is “an effective political warrior … imperturbable under attack.”

He wrote that John Howard once told him that compared with Minchin, he was an arch pragmatist.

Minchin is uncompromising on issues like climate change and the monarchy. He has no time for weather vane politics.

He annoyed many in his own party last November when he told Four Corners that “the collapse of communism was a disaster for the left, and really, they embraced the environment as their new religion.” He simply doesn’t believe in man-made climate change. To him the science really is crap, full stop.

Because he is so black and white, his colleagues find him reliable. That’s partly why he was the one who stepped up and calmed frayed nerves after the utegate disaster, just as he had done many times before when leadership crisis threatened to tear the party apart.

Senator Minchin first entered federal politics in 1993, after administrative roles with the party, both federally and in South Australia.

He has worked across a range of portfolios including finance, industry, science, resources, energy and communications.

But it will be his steady directions behind the scene, in the style of Labor’s Robert Ray, that the party will miss the most.

Later today, he will give his own reasons for leaving after renominating for the Senate just a week ago.

But given the sudden change of heart, his son’s health must be a key consideration.

Oliver Minchin, 19, is an Australian Defence Force cadet, and just over a month ago, he suffered severe injuries in a boating accident during a military training exercise.

He was struck by a boat propeller at Burrinjuck Dam in New South Wales.

It’s fair to say Senator Minchin will not be missed by two people in particular, one Liberal, one Labor.

Christopher Pyne, his hometown arch enemy from the moderates; and Senator Stephen Conroy, the deputy leader in the Senate, who must see Senator Minchin’s face in every crowd.

Britain forms body to keep tab on aid to extremists in Pak

Lahore, Mar.17 (ANI): Worried over the origin of financial support being received by extremists in Pakistan, Britain has established a body to monitor the financial assistance being provided to terrorists in the country.

The British Department for International Development has provided funds to the State Bank of Pakistan to promote the finance industry and keep a check on the aid being provided to terrorists in the country, The Daily Times reports.

While the international community, especially the US, has provided millions of dollars to Pakistan to help it fight extremism, fears are that this aid is being misused by Islamabad.

President Obama had recently signed the “Enhanced Partnership with Pakistan Act”, also known as the Kerry Lugar bill, which gives Pakistan 1.5 billion dollars in aid a year over the next five years.

However, experts doubt that the US’ plan to triple aid to the troubled country will help domestic conditions, and are extremely concerned over money being spent on unauthorized pursuits like strengthening defenses against India, rather than helping America win the ‘war on terror.’ (ANI)

Reuters Summit-Asian Finance eyes Islamic REIT, more hires

By Liau Y-Sing

KUALA LUMPUR, April 16 (Reuters) – Islamic lender Asian Finance Bank plans to launch a sharia real estate investment trust (REIT) and keep hiring workers despite the economic downturn, its chief executive said on Thursday.

Mohamed Azahari Kamil said demand for alternative assets will help the Islamic finance industry weather the global slowdown.

“Investors are always looking at alternative asset classes to diversify their portfolio and we believe that property has always been the focus of any economic growth of any region,” Azahari told the Reuters Islamic banking summit.

“Properties that have been invested by most in Malaysia are generally fundamentally driven based on valuations and in addition, there has not been over-leveraging or over-speculation on property within the region.”

The Kuala Lumpur-based bank, which is backed by Middle East investors, is working on an Islamic REIT involving two or three properties in Malaysia and Indonesia.

The planned REIT’s size has not been finalised and the timing for its launch would depend on the U.S. economic outlook, Azahari said.

“Generally property is very soft now so we have to take it one step at a time,” he said. “But we are positive that by the second half of this year, we should be able to get some clear direction for us to whether we want to proceed at the end of the year or early next year.”

Hit by the global market turmoil and rapidly cooling economies, Asian property markets are seen mired in a slump not experienced since the 1997-98 regional financial crisis.

CLSA has estimated that half the wealth of Malaysia, Singapore, South Korea and India is tied to property.

Azahari said Asian Finance is working on over $300 million of deals involving infrastructure and property in Asia and is looking to add to its 130 staff.

“I’m recruiting people every day, even now,” he said. “This is the best time for me to look into the development of human capital.”

A recent surge in Gulf petrodollars has led Islamic banking’s rise but the sector is expected to be tested sharply due to a slide in property prices in the Middle East.

Azahari also said the bank is finalising the structure of an aviation fund which is expected to be at least $100 million.

Qatar Islamic Bank QISB.QA has a 70 percent share in Asian Finance. RUSD Investment Bank Inc of Saudi Arabia has 20 percent and Financial Assets Bahrain WLL has 10 percent. (Click on [ID:nISLAMIC] for more Islamic finance stories and ISLAMIC for a speed guide)

(For summit blog: summitnotebook.reuters.com/)

(Editing by Kazunori Takada)

Asian Finance eyes Islamic REIT, more hires

KUALA LUMPUR (Reuters) – Islamic lender Asian Finance Bank plans to launch a sharia real estate investment trust (REIT) and keep hiring workers despite the economic downturn, its chief executive said on Thursday.

Mohamed Azahari Kamil said demand for alternative assets will help the Islamic finance industry weather the global slowdown.

“Investors are always looking at alternative asset classes to diversify their portfolio and we believe that property has always been the focus of any economic growth of any region,” Azahari told the Reuters Islamic banking summit.

“Properties that have been invested by most in Malaysia are generally fundamentally driven based on valuations and in addition, there has not been over-leveraging or over-speculation on property within the region.”

The Kuala Lumpur-based bank, which is backed by Middle East investors, is working on an Islamic REIT involving two or three properties in Malaysia and Indonesia.

The planned REIT’s size has not been finalized and the timing for its launch would depend on the U.S. economic outlook, Azahari said.

“Generally property is very soft now so we have to take it one step at a time,” he said. “But we are positive that by the second half of this year, we should be able to get some clear direction for us to whether we want to proceed at the end of the year or early next year.”

Hit by the global market turmoil and rapidly cooling economies, Asian property markets are seen mired in a slump not experienced since the 1997-98 regional financial crisis.

CLSA has estimated that half the wealth of Malaysia, Singapore, South Korea and India is tied to property.

Azahari said Asian Finance is working on over $300 million of deals involving infrastructure and property in Asia and is looking to add to its 130 staff.

“I’m recruiting people every day, even now,” he said. “This is the best time for me to look into the development of human capital.”

A recent surge in Gulf petrodollars has led Islamic banking’s rise but the sector is expected to be tested sharply due to a slide in property prices in the Middle East.

Azahari also said the bank is finalizing the structure of an aviation fund which is expected to be at least $100 million.

Qatar Islamic Bank QISB.QA has a 70 percent share in Asian Finance. RUSD Investment Bank Inc of Saudi Arabia has 20 percent and Financial Assets Bahrain WLL has 10 percent.

(Editing by Kazunori Takada)

Mango Network launched one-stop portal for loan, credit card and insurance info

New Delhi, Apr 1 (ANI/Business Wire India): Getting right information about loans, credit cards and insurance has now become an one-click affair. Mango Network, a leading digital advertisement and entertainment network company in India, has launched a personal finance service portal – ww.MyIndiaFinance.com.

The finance portal provides services for products like home loan, car loan, personal loan, life insurance, auto insurance, health insurance and credit cards. Mango has tied-up with tier 1 financial institutes and banks in India to provide these services to the users.

Now click www.MyIndiaLoan.com, for information about loans.

For insurance issues, click on www.MyIndiaInsurance.in, and for credit card related queries, type www.MyIndiaCreditCard.com on your Internet browser.

The portal has a two-fold agenda: educate consumers in personal finance management and along the way provide them with a service to access and compare various options available in the market today.

It provides a personal management guide section on the site for the users to not only understand the basics of all the products but also to inform them about the latest occurrences in the finance industry in India.

Since Mango is an Ad network company, it has access to more than 2000 affiliates around the globe and is promoting the site through that channel. Besides that Mango is also a Mobile VAS player and a mobile marketing company and would promote the site to their existing user base.

Mango also has means to promote the site to HNI and High end mobile users in the country. (ANI)

EXTRA: Under fire on AIG, Obama vows end to corporate greed culture

Washington – US President Barack Obama, under fire over the payment of huge bonuses to traders at the floundering insurance giant AIG, Wednesday vowed to end the culture of corporate greed in the United States.

He made his remarks on the White House lawn as he headed to California for two days away from the capital, where the crescendo of public ire over the payments is rising.

Obama insisted he and his administration were not responsible for creating the “mess” at American International Group, whose insurance of questionable financial instruments has contributed to the global meltdown.

But he added: “Ultimately, I’m responsible. The buck stops with me. And my goal is to make sure that we never put ourselves in this kind of position again.”

He said that the “culture” of “excess greed, excess compensation, excess risk” has to change and pledged regulatory reform to put more controls on the finance industry.

He said the government was working to set up a “resolution authority” similar to the Federal Deposit Insurance Corporation, which regulates banks and insures bank deposits.

Answering a reporter’s question, Obama said it was not his intention to “quell anger” of the public.

“I think people are right to be angry. I’m angry,” he said. “What I want us to do, though, is channel our anger in a constructive way.” (dpa)

Jersey delegation returns to India to showcase Island’s International Finance Centre

Mumbai, Mar 16 (ANI/Business Wire India): A delegation from the Channel Island of Jersey is in India this week, to highlight the capabilities of its finance centre as a gateway to European investment, wealth management and to emphasize the regulatory standards and legal and regulatory features of the jurisdiction.

Jersey is an Island close to the coast of northern France but still a part the British Crown.

The Island, which is a self-governing democracy, with one of the oldest parliaments in the Commonwealth, has developed a thriving financial services industry with particular strengths in banking, funds and wealth management. Jersey has no banking secrecy laws and it has been recognised as a well-regulated centre by international bodies regularly in recent years.

Representatives from Jersey Finance, the body that promotes the Island’s Finance Industry and 12 of its Members together with the Director General of the Jersey Financial Services Commission and a States of Jersey Government official, are visiting Mumbai and New Delhi, following on from their last visit in December 2008 to New Delhi.

Presentations and receptions are planned for finance and legal practitioners in Mumbai on March 17 and New Delhi on March 19.

Geoff Cook, Chief Executive of Jersey Finance Limited, said: “This is one of a number of visits to India and we have been made most welcome on each occasion.

The objective is to showcase the Island’s expertise in capital structuring for Indian business expansion into Europe and the use of Jersey’s funds regime for inward investment into India. We also have expertise and a long track record in private wealth management and we will be outlining our full range of services including details of our new foundation offering.”

Foundations will be available alongside existing investment vehicles such as companies, trusts and limited partnerships for use in financial planning and private wealth management strategies.

The Jersey delegation includes, Geoff Cook, Chief Executive of Jersey Finance, John Harris, The Director General of the Jersey Financial Services Commission, Christine Whitfield, Head of Special Projects at Jersey Finance, and up to 12 Jersey based legal and finance professionals, together with Government official Wayne Gallichan, Director of Inward Investment for the States of Jersey. (ANI)