-- Credit Suisse (Gregory Lewis)
-- Maxim Group (Charles Rupinski)
-- Merrill Lynch (Ken Hoexter)
will participate in a Virtual Panel discussion on the Container Shipping
sector today, Tuesday, September 18, 2007 at 11:00 am EDT.
The Virtual Analyst Forum is organized by Capital Link, a New York-based
Investor Relations and Financial Communications firm focusing on shipping,
in cooperation with the New York Stock Exchange.
LIVE AUDIO WEBCAST
A live audio webcast of the Analyst Forum will be available on Capital
Link's Shipping website at www.CapitalLinkShipping.com, where it will
remain archived afterwards. Participants to live webcast should register on
the website approximately ten minutes prior to the start of the webcast.
PANEL STRUCTURE
The panel discussion will be moderated by Gregg Krowitz, Managing Director
of the New York Stock Exchange. The focus of the discussion (and the Q&A)
will be on sector trends and fundamentals, as opposed to company
recommendations. The discussion will cover four topics: demand, supply,
freight rates and asset values, valuations, focusing on current trends and
the sector's outlook.
QUESTIONS FROM PARTICIPANTS
Participants can submit questions to the analysts prior to or during the
event through the special event page at www.CapitalLinkShipping.com.
TRANSCRIPT
A transcript of the panel discussion will be publicly available within
approximately 48 hours after the event and those interested can request it
from www.CapitalLinkShipping.com.
About Container Shipping
Container shipping relates to the movement of a wide range of goods from
one part of the world to another in a unitized form. The containers used in
seaborne container transportation are metal boxes of standard dimensions,
generally either 20 or 40 feet long, 8.5 feet high and eight feet wide. The
standard unit of measure in container shipping is the 20-foot equivalent
unit, or TEU.
Participants in the container shipping industry include "liner" companies,
who operate container shipping services, containership owners, often known
as charter owners, who own containerships and charter them out to the
operators, and shippers who require the seaborne movement of containerized
goods.
Containers are one of the important innovations of transportation logistics
and revolutionized cargo shipping. The use of containers caused a
significant reduction in port handling, thus lowering costs and helping
lower freight charges and, in turn, boosting trade flows. An ever
increasing proportion of the world's manufactured goods is shipped in
freight containers. Today, approximately 90% of non-bulk cargo worldwide
moves by containers stacked on transport ships; 26% of all containers
originate from China. There are reportedly 16 million containers on the
move at any one time, carrying everything from microchips to scrap paper.
The range of containership owners is diverse, including liner companies,
which are often significant corporate entities, and charter owners, who are
often part of wider groups involved in other shipping activities.
Shipowning generally requires a relatively high level of capital
investment. Ownership of the Panamax and above sized sector is less
fragmented than the ownership of smaller vessels.
Container vessels are mainly "cellular," which means they are equipped with
metal guide rails for rapid loading and unloading and more secure carriage;
container vessels may be "geared," which means the they are equipped with
cranes for loading and unloading containers. All large container vessels
are fully cellular and call at developed ports with adequate shore-based
loading and unloading equipment and facilities. Container vessels with
cargo capacity below 2,000 TEU are often geared, so that they may call on
ports that do not have adequate shore-based loading and unloading
facilities.
Vessel capacity is measured by the number of container boxes a vessel can
carry, with the twenty-foot equivalent (TEU) being the standard container
box size. Container vessels may be classified according to their size as
follows: (1) Very Large Container Carrier (VLCS) -- a container vessel
with a capacity of over 7,500 TEU; (2) Post-Panamax -- a container vessel
with a width too large to transit the Panama Canal and a capacity of up to
7,500 TEU; (3) Panamax -- a container vessel with a width within the
dimensions required to transit the Panama Canal and a capacity between
4,000 and 5,050 TEU; and (4) Sub-Panamax -- a container vessel with a
capacity of up to 4,000 TEU. Containerships above 3,000 TEU are also called
"Deep Sea" as they service the main and longer trade routes, those between
1,000 TEU and 3,000 TEU are also called "Intermediate" as they service
regional trade routes and those below 1,000 TEU are also called "Feeder" as
they service intra-regional trade routes., often relaying or "feeding"
cargo within a region from or to main port hubs served by main lane trade
routes.
Container Ship companies listed on US Exchanges include Danaos Corporation
(
Dry Bulk Analyst Virtual Forum Wednesday, September 5, 2007 at
11:00 am EDT (done)
Container Analyst Virtual Forum Tuesday, September 18, 2007 at
11:00 am EDT
Tanker Analyst Virtual Forum Thursday, September 20, 2007 at
11:00 am EDT
London - Invest in Shipping Forum Tuesday, December 4, 2007
Dry Bulk CEO Virtual Forum Wednesday, January 30, 2008
at 11:00 am EST
New York - 2nd Invest in Shipping Forum Thursday, March 20, 2008
About www.CapitalLinkShipping.com:
Capital Link Shipping is a web-based resource whose objective is to
facilitate investor knowledge and understanding of shipping and its listed
companies, and to facilitate the exchange of information among listed
companies, industry participants and investors. The site provides
information on the major shipping and stock market indices, as well as on
all shipping stocks. It also features industry reports from major industry
participants and interviews with CEOs, analysts and other market
participants.
The information on the website is not an offer to buy or sell any kind of
securities nor does it constitute investment advice of any kind. Capital
Link does not represent or warrant the accuracy of the information in this
site. The user of the site acknowledges that he/she accesses the
information at his/her own risk and cannot hold Capital Link liable for any
matter in any way and will use the website in accordance with the Terms and
Conditions specified on the website.
The website is operated by Capital Link, a New York-based Investor
Relations and Financial Communications firm with a strategic focus on
shipping.
Contact Information: Contact for Capital Link Shipping: Nicolas Bornozis President Capital Link, Inc. 230 Park Avenue - Suite 1536 New York, N.Y. 10169 Tel. (212) 661-7566 Fax (212) 661-7526 E-mail: nbornozis@capitallink.com http://www.capitallinkshipping.com http://www.capitallink.com