Shipping Finance

Course Overview

This seminar will provide participants with a through overview of the main methodologies behind the financing of ships. It will cover not just the structuring of the finance but also the risk related issues which have great importance. The various techniques will be given detailed consideration and the seminar will include a substantial case study on shipping finance at the end.

Course Content

Introduction and Overview of Ship Finance

• What are the options for financing ships?
• What are the major sources?
• What ancillary products are available from Banks?
• How are financing products interlinked?
• Conclusions

How are Shipping Companies Financed?

• Current ship finance market
• Financing strategy
• Ship finance products
• Types of senior debt
• Vessel types
• Lending methods
• Transaction assessment
• Internal risk rating and pricing models

Risk Assessments in Shipping Finance

• How is Shipping Finance Perceived by Banks
• Principles of credit assessment
• Identifying the major players and key industry characteristics
• Ownership Structures
• Risk management: what are the key risks?
• How do banks manage risks?
• Risk rating models – the impact of BASEL II
• Residual value risk

Financing Techniques

• Newbuilding Finance
• Mezzanine and Junior finance structures
• Leasing:
  • What is a finance lease?
  • What is an operating lease?
• Recourse versus Non-Recourse
• High yield bonds
• Securitisation
• Limited partnership structures

Case Study:
Scenario prepared for breakaway groups to consider and present and discuss

Delivering this course in-house for you to a number of participants could be very cost effective. Please call us on 020 7387 4484 to discuss this further.

If you have any questions about this seminar please write to us at post@redcliffetraining.co.uk.