PTF02: Shipping Financing

Description

Seminar Background

An intensive program covering the various factors to consider in a ship financing loan, the collateral
that is required, the financial analysis that should be carried out and standard terms and conditions
used. Factors to consider in a ship construction loan from the viewpoint of the shipyard and the purchaser/owner as well as a typical shipyard’s financial statement will also be discussed. In addition,
the various risks in shipping as well as the shipping cycle will be covered. The program will also
include a general outlook of the shipping industry including the offshore rig industry.

Ship financing is a specialized form of lending. Officers need to be specifically trained so as to know
all the risks and ensure that they are adequately analysed. Besides the basic credit training, officers
need to understand that there are many other factors that have to be considered in ship financing.
The terms and conditions are different from the standard loan that is extended and adequate care
should be taken to ensure these are incorporated.

Highlights

• Be Aware of the Factors to consider in a Ship Financing Loan.


• Understand the various types of Charters and the Risks involved in each of them.


• Understand the Collateral Support that is needed.


• Ensure that a thorough Financial Analysis is carried out (from the viewpoint of a typical ship owner).


• Know what other Factors to consider in Analyzing the Credit.


• Understand the Factors that we need to consider in a Ship Construction Loan from the viewpoint of Financing the Shipyard and from the viewpoint of Financing the Purchaser.


• Engage in a Discussion of a typical Shipyard’s Financial Statement.


• Ensure that the Standard Terms and Conditions are in place.


• Be familiar with the various risks in Shipping from the viewpoint of the owners as well as the Charterers.


• Know the characteristics of the Shipping Cycle and how long a typical cycle is.


• Be updated on the general Industry Outlook of the various types of ships including the offshore rig industry.


• Know what are Flags of Convenience and the Advantages/Disadvantages of using them.


• Understand the importance of having the vessel classified by one of the officially recognized Classification Societies.

Organized by

Country: Singapore.Event Categories: Seminar,Training.Industry: Business,Finance, HR,Careers, and Investment,Insurance.