Cmb.tech Nv · EURONEXT:CMBT
Cmb.tech Nv — Euronav — Marine Money (June 2015)
22 slides from Cmb.tech Nv's conference presentation, Jun 17, 2015
Slide 1: Euronav and Capital Markets - a successful partnership
Euronav and Capital Markets - a successful partnership Paddy Rodgers, CEO Marine Money – Wednesday June 17th 2015 All illustrations are the property of Euronav – not to be reproduced without permission
Slide 2: Forward looking statements
Forward looking statements 1
Slide 3: Shipping hasn't changed…always been capital intensive
Shipping hasn’t changed…always been capital intensive Picture property of Euronav – not to be reproduced without permission 2
Slide 4: …it remains cyclical…..
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Slide 5: …like a rollercoaster…..
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Slide 6: How life used to be – for a publicly quoted shipowner
How life used to be – for a publicly quoted shipowner 5
Slide 7: How life used to be – for private shipowner
How life used to be – for private shipowner 6
Slide 8: How life used to be – capital intensive but funding was easier
How life used to be – capital intensive but funding was easier 7
Slide 9: …but the financial crisis changed everything
…but the financial crisis changed everything 8
Slide 10: Bank lending to Shipping before the financial crisis…large
Bank lending to Shipping before the financial crisis…large 9
Slide 11: …Bank lending to Shipping today – a different story
…Bank lending to Shipping today – a different story 10
Slide 12: Mind the (Funding) Gap
Mind the (Funding) Gap Source: Clarksons Marine Money, Hamburg 2014 (* 2014 Year to November) 11
Slide 13: So what do we need to do and what has Euronav done?
So what do we need to do and what has Euronav done? 12
Slide 14: Groundhog day – DO NOT ORDER new ships
1 Groundhog day – DO NOT ORDER new ships 13
Slide 15: Capital markets MUST be rewarded
2 Capital markets MUST be rewarded 14
Slide 16: Focus on ABSOLUTE returns
3 Focus on ABSOLUTE returns 15
Slide 17: Transparency
4 Transparency NCCC KG @eceuranav
Slide 18: Attention to detail
5 Attention to detail 17
Slide 19: Liquidity
6 Liquidity 18
Slide 20: Pooling or commercial consolidation - benefits of Pooling
7 Pooling or commercial consolidation - benefits of Pooling 19
Slide 21: Consolidation – any consolidation must be disciplined
8 Consolidation – any consolidation must be disciplined 20
Slide 22: Euronav and Capital markets a marriage so good we did it twice!
Euronav and Capital markets a marriage so good we did it twice! 21