Restrukturering og konsolidering innen offshore
Erfaringer så langt og hva er i vente ?Haugesundskonferansen - 7 February 2017
Knut Voraa, DNB Shipping, Offshore & Logistics Photo: Shutterstock
Three fundamentals for DNB in restructurings
Safeguard DNB’sposition
Solve the challenge
for the client
Maintain our position
within the maritime
industry
Restructuring is needed!Photo: Scanpix – Halvard Alvik
High complexity in restructurings!
C o m p a n y
ECAs (GIEK)
DNB
Other Banks
Club, Agent
Arranger
Owner(s)Client ?
Client
Bond Investors Yards
Syndicate ?
Competitors
Other Clients ?
Charterers
Suppliers
Tax Authorities
Tonnage suppliers
Leasing companies
Client ?
Client ?Client ?
Client ?
Balanced Solution
Company to be restructured
Yards
Owners
Banks
ECAs
Tonnage Providers
Bond InvestorsSuppliers
Charterers
Tax Authorities
The offshore industry needs new capital !(…and new cash is king…)
The offshore industry needs consolidation !
Capital
structureOperating
structure
COMPANY
Fleet
structure
Ownership
structure
The offshore industry needs sustainable business models!
Market
structure
Three fundamentals for DNB in restructurings
Safeguard DNB’sposition
Solve the challenge
for the client
Maintain our position
within the maritime
industry