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Wrong Mark Pankhurst?

Mark Pankhurst

Vice President, Shipping and Ports

Deutsche Bank AG

HQ Phone:  +49 69 91010000

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Deutsche Bank AG

Taunusanlage 12

Frankfurt, Hessen,60325

Germany

Company Description

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individual... more.

Find other employees at this company (61,581)

Web References(2 Total References)


www.sgmarineindustries.com

'Weaker shipbuilders are going to go bust and there's going to be consolidation,' said Mr Mark Pankhurst, Deutsche Bank's vice-president of the general industries group in Asia.
Mr Pankhurst said there were 'definitely a lot of opportunities out there' for well-positioned companies that have a lot of cash in their balance sheet. 'People with the cash will be able to sweep when the time is right.' His forecast was backed by Mr Pankhurst, who added that prices 'can go down close to the cost of steel'. 'Weaker shipbuilders are going to go bust and there's going to be consolidation,' said Mr Mark Pankhurst, Deutsche Bank's vice-president of the general industries group in Asia. Mr Pankhurst said there were 'definitely a lot of opportunities out there' for well-positioned companies that have a lot of cash in their balance sheet. 'People with the cash will be able to sweep when the time is right.' His forecast was backed by Mr Pankhurst, who added that prices 'can go down close to the cost of steel'.


www.marinemoney.com

Mr. Mark Pankhurst , Vice President, Shipping & Ports, Deutsche Bank AG


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