First Bernhard Schulte Shipping Day held in Shanghai

Bernhard Schulte held its first Shipping Day during the Marintec Conference & Exhibition in Shanghai on Wednesday 2nd December.
Hosted by Chief Financial Officer, Tobias Pinker, the event was moderated by Stefan Glaebe, Director – Relationship Management, and attended by senior decision makers from the Chinese finance and shipping industry.
A full agenda provided for an afternoon packed with information about the industry, services of the Schulte Group and solutions for distressed assets in the portfolios of financial institutions and shipyards.
Among more than 130 participants were special guests Ms. Liu Ya from the Export-Import Bank of China and Mr. Li Zhizhan from the China Export & Credit Insurance Corporation.
Participants in the panel discussion included Mr. Wu Hongliang (The Export-Import Bank of China), Mr. Fan Enhui (Bank of China), Mr. Yang Changkun (ICBC Financial Leasing Co., Ltd.) and Mr. Fang Xiuzhi (Bank of Communications Financial Leasing Co., Ltd.).
Bernhard Schulte’s Corporate Counsel, Dr. Max Asschenfeldt, presented an overview of lessons learnt from the German KG shipping crisis and explained how the Group’s experience in warehousing solutions for distressed assets can add value to lenders.
Bernhard Schulte Shipmanagement’s Marketing and Business Development Director, Robin Thuillier, Schulte Marine Concept Managing Director, Krzysztof Kozdron, and BSM Hong Kong Managing Director, Firoze Mirza, outlined the advantages of integrated newbuild consultancy, supervision and full ship management in safeguarding and adding value to ship assets.
In the subsequent presentation Dr. Klaus Dimigen from shipping law firm Ehlermann Rindfleisch Gadow (ERG) highlighted the risks for lessors where counterparties face distress situations.
The afternoon concluded with a panel discussion moderated by Dr. Stefan Rindfleisch (ERG) where the participants raised concerns about the current state of the industry and shipping order books. They stressed that whilst they are not necessarily restricting their lending and leasing volume, they are taking an ever closer look at their partners.