Shipping Finance, 3rd Edition

Shipping Finance, is now in its third edition. This is the must-read title for all bankers, lawyers, ship owners and everyone involved in ship finance for new ships, second-hand ships, converting or repairing a ship, or refinancing existing indebtedness secured on a ship.

 

Shipping Finance, 3rd edition includes an up-to-date analysis of the shipping market including comparisons of the world fleet, a complete analysis of ship mortgage terms, conditions and mortgagee's rights, including a full description of documentation, legislation and registration procedures across the main maritime jurisdictions organised by individual country - now including India and China.

Extensive discussion of the procedure and documentation for registering ships on a country-by-country basis with advice provided by local experts is also included as is an in-depth and practical look at the role of insurance in shipping and ship financing including sample documentation and insurance covenants and notices and a full discussion of the issues facing the maritime insurance industry

This edition features chapters on the financing of second-hand ships; the financing newbuildings; the assignment of insurances and earnings; guarantees, indemnities, charges, debentures and other security relied upon by lenders; the sale and purchase of second-hand ships; and the application of Islamic finance.