24 February 2014

Jon Howells presented at the Capital Link Shipping Conference in Athens.

Participating in a panel discussion about the Acquisition of Non-Performing Loans, topics explored included whether the level of sale of distressed shipping loans by banks will increase going forward; banks strategies for divestment such as sale of assets vs. loans and single asset auctions vs. portfolios, and how investors approach and value distressed shipping situations.

The Park Partners team has extensive experience in the distressed shipping loan space including the divestment of a portfolio of chemical tankers by Commerzbank in 2013, and portfolio acquisitions of bulkers and containers vessels.