Busan Leads Global 'Ocean Finance'... Convention and Forum Combined for 'Busan Ocean Finance Week'

Keynote Speech by James Lawrence, Marine Money Chairman, from 2nd to 4th: Pursuing Global Ocean Finance

Busan City Hall.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Busan City will hold the 'Busan Maritime&Finance Week 2021' both online and offline for three days from the 2nd to the 4th at the Westin Chosun Hotel Busan to leap forward as a maritime finance hub city.

Co-hosted by Busan City, the Financial Supervisory Service, Korea Ocean Business Corporation, Marine Money, and organized by the Busan International Financial Promotion Institute, this event integrates maritime finance events that each institution had separately held around the same time with similar characteristics for the first time, holding a joint opening ceremony this year.

Through the first integrated event, Busan City plans to expand networks such as related conventions, conferences, forums, investor relations (IR), and business meetings to enhance synergistic effects and activate investment attraction.

The opening ceremony will begin at 10 a.m. on the first day, followed by a keynote speech by Marine Money Chairman James Lawrence on the topic of "Opportunities and Challenges for Busan as a Maritime Finance Hub."

Marine Money is the name of an international ship finance journal published in the United States.

Also on the same day, the Financial Supervisory Service will host the Maritime Finance Convention (theme: Changes in the maritime finance market in the post-COVID-19 era and opportunities for Busan).

On the 3rd, the Korea Ocean Business Corporation will host the KOBC Maritime Conference (theme: Market status and prospects of the shipping industry after the pandemic), and on the last day, the 4th, Marine Money will host the Korea Ship Finance Forum (theme: Discussion on global market trends and key issues).

Park Hyung-jun, Mayor of Busan, introduced that "Busan Finance has continued its upward trend, ranking 33rd among 126 international financial cities in the International Financial Center Index evaluation."

Mayor Park said, "As Busan aims to be a digital finance hub city focusing on fintech, blockchain, big data, and continuously invests in technology-based finance, we will establish a specialized maritime finance city brand by building a cooperative system with maritime-related financial institutions."

This content was produced with the assistance of AI translation services.