On 13th November 2012, Combined Maritime Services were present at the Turkish Shipping Summit in Istanbul, with the aim of maintaining the contact with their existing clients and establish new basis for collaboration in this major shipping nation.
Turkey is defined not only as an emerging market economy but also a largely developed one, with economists noting that it has weathered the credit crunch better than others in many ways. Turkish shipping has changed enormously over the past two decades. Recent changes, albeit seen as for the worse considering the current shipping markets, have brought the country into the frontline of the industry in the long run.
Turkey is often spoken of as the most interesting market in Europe where things happen. A unique mix of presentation, panel discussions and debate and social networking provided a great platform for the industry to focus on the real issues facing Maritime Turkey and its business partners. Topics discussed included, but were not limited to:
- Macroeconomic outlook: where and how Turkish maritime sector fits within it?
- The changing face of ship finance in a changing market
- Turkish financiers as a viable alternative to more traditional shipping lenders
- Traditional shipowning versus industrial conglomerates, as industrial money is moving into shipping
- Operational and cost efficiencies that work for maritime businesses
- Investment opportunities, as Turkish ports go private
- Turkish shipyards: what’s next?
- And the latest on other topical issues: CO2 emissions, MLC, piracy, etc
Combined Maritime Services remains a point of reference for Turkish business to expand further within EU borders.
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