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Panelists from Overseas Shipholding Group (NYSE: OSG) President & CEO Morten Arntzen, Teekay Corporation (NYSE: TK) Executive V.P. & Chief Strategy Officer Peter Evensen and Tsakos Energy Navigation (NYSE: TNP) President & CEO Nikolas Tsakos, participate in a panel discussion on the tanker sector on Thursday, July 31, 2008 at 11:00 am ET.
The Tanker 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.
Access Through Live Audio Webcast
Those interested in participating at the Tanker Forum can access the panel discussion through a live audio webcast available at www.CapitalLinkWebcasts.com . Participants to live webcast should register on the website approximately ten minutes prior to the start of the webcast.
Following the event, there will be an audio archive of the discussion at Capital Link's Shipping website at www.CapitalLinkShipping.com .
Panel Structure & Moderator
The panel discussion will be moderated by Ms. Natasha Boyden , Managing Director Equity Research of Cantor Fitzgerald.
The focus of the discussion (and the Q&A) will be on sector trends and fundamentals, as opposed to company specifics or 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 on www.CapitalLinkWebcasts.com or through 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 through the event page on www.CapitalLinkWebcasts.com or through www.CapitalLinkShipping.com .
About Tanker Shipping
A principal function of the tanker sector is to transport crude oil from oil production and export facilities to oil terminals, storage facilities, pipeline systems and oil refineries internationally. In addition, tankers are also involved in the carriage of refined petroleum products, such as gasoline, diesel, jet fuel and naphtha, from refineries to storage and distribution systems, industrial plants and other consumers. Tankers generally are a more cost-effective alternative to pipelines and their advantages increase over distance. Pipelines are also considered to be more vulnerable to political instability, sabotage, economic blockade and the risk of environmental disaster.
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