Societe Generale bets on Asian LNG and offshore finance

Societe GeneraleÆs Mark Westley discusses the robust LNG and offshore shipping finance scene in Asia-Pacific.

In an unassuming Hong Kong conference room, open-collared Mark Westley sits down to discuss shipping. His recent appointment as managing director and head of Asia-Pacific shipping and asset-based finance at Societe Generale, is another sign that banks are now positive about the future of Asian shipping.

This is an about-face from the doom and gloom of a year ago. A sizeable percentage of global trade flows disappeared and, by some estimates, as much as $100 billion of trade financing dried...

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