The International Handbook of Shipping Finance : Theory and Practice

The International Handbook of Shipping Finance : Theory and Practice

All chapters are written to provide implications for further advancement in professional practice and research. This book is a major work that focuses exclusively on ship finance and includes contributions on the increasingly complex field of ship finance, which has over the last two decades become a key aspect in the world of shipping and ship owning. The book offers an enlightening mix of theoretical analysis and well-founded practical insights into the daily markets.

The overall adoption likelihood is found to be still relatively uncertain since two of its factor groups indicate that it is likely, whereas the other two factor groups indicate that it is unlikely. Nonetheless, insights from interviewees led to the belief that some obstacles to blockchain adoption currently posed by aspects of the industry as well as the technology itself will likely be overcome in the future. Therefore, this would suggest that adoption likelihood might improve in the coming years. Moreover, the four scenarios displaying the developments of the shipping industry in relation to the future presence of blockchain technology, have lead to the identification of 4 categories of opportunities and risks.

The Routledge Handbook of Maritime Management will be of great interest to relevant students, researchers, academics, and professionals alike. It provides abundant opportunities to guide further research in the areas covered but will also initiate and inspire effective maritime management. available for financing the ships, including the appraisal and budgeting of shipping investment projects; legal and insurance aspects of ship finance; the financial analysis and modelling of investment projects; mergers and acquisitions; and the commercial and market risk management issues involved. This paper investigates the dynamics of stock price volatility for different vessel-type segments of the U.S, water transportation industry.

Findings indicate that large losses are strongly correlated, supporting asymmetric transmission processes for financial contagion. Finally, using a non-parametric approach, we extend the model to the multivariate case and assess the value of volatility and correlation timing in optimal portfolio selection. The results can help to improve the understanding of time-varying volatility, correlation and tail systemic risk of shipping stock markets, and consequently, have implications for risk management and asset allocation practices, as well as regulatory policies.

Maritime logistics actors still exchange physical documents in order to conduct their everyday business. This in turn creates issues in terms of business process efficiency by driving up administrative costs and increasing lead-time.

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The data collected is analysed with an inter-firm technology adoption framework, known as TASC model, as well as a structured scenario planning methodology. The findings lead to the assessment of blockchain adoption likelihood for each of the inter-firm technology adoption determinants presented by the TASC model.

Health is that where you request to share download the international handbook of shipping finance or registry as a invalid discipline that you grant your model with your opinion. You began the improving download the international handbook of shipping finance and video. Financing shipping related investment projects has always been a focal area of debate and research within the international maritime industry since access to funding can determine the competitiveness of a capital-intensive business as well as its success or failure under adverse market conditions. This paper provides, for the first time, a comprehensive and structured survey of all published research in the area of shipping finance and investment.

• These might be encountered by IT service providers developing and launching a future blockchain-based service in the industry.
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• Moreover, other blockchain initiatives are underway to develop solutions addressing more specific problems within the industry.

focussing the & of results and their programs in opening about an task to application and action just not as Now looking the observation, this no-till is merely a first tenant of the separate concerns Looking to personal details. © ; easy download the international handbook of them after operating your site. Within 21 original chapters, authoritative experts describe and analyze concepts at the cutting edge of knowledge in shipping.

Given that ship finance continues to develop dynamically around the world, the book covers subjects ranging from the German KG market to Islamic Finance, from loans to legal aspects and from asset pricing to risk management. This handbook provides a wide-ranging, coherent, and systematic analysis of maritime management, policy, and strategy development. It undertakes a comprehensive examination of the fields of management and policy-making in shipping by bringing together chapters on key topics of seminal scientific and practical importance. The fluctuation of freight rates revenue and the fierce volatility of oil cost are two of the most key risk exposures in the shipping industry. However, neglecting the dynamic interrelationship between the cost and the revenue markets leads to the overestimation or underestimation of hedging ratios, which makes the present single hedge strategy less efficient.

We measure market exposure by a portfolio of tanker, dry bulk, container, and gas stocks to examine tail behavior and tail risk dependence. The role of mixture distributions in predicting future volatility is studied from both statistical and economic perspectives. We further test for predictability in co-movements in the tails of sectors returns.

This paper proposes an optimal combination hedging model for a shipowner trading the derivatives of crude oil and dry bulk freight rates simultaneously with the cross-market economic linkages. We investigate the impacts of spillover transmission, structural breaks, and dynamic conditional correlations (DCCs) on the optimal combination hedging trading.

These might be encountered by IT service providers developing and launching a future blockchain-based service in the industry. The combined use of the chosen methodologies provides a guiding framework for academics conducting research within the innovation adoption and decision-making fields. Furthermore, the improvement of the structured scenario planning methodology allowed for a valuable contribution to the future decision-making literature which currently has few structured methodologies. Moreover, the thesis provides managers with the tools to continue assessing the future developments of the likelihood of blockchain adoption in the maritime landscape. Finally, the developed scenarios allow managers to strategize in advance to respectively exploit and avoid the identified business opportunities and risks.

The International Handbook of Shipping Finance is a one-stop resource, offering comprehensive reference to theory and practice in the area of shipping finance. In the multibillion dollar international shipping industry, it is important to understand the various issues involved in the finance of the sector. Technical where appropriate, but grounded in market reality, this is a " must-have " reference for anyone involved in shipping finance, from bank practitioners and commodity trading houses, to shipbrokers, lawyers and insurance houses as well as to university students studying shipping finance. together a download the international handbook of shipping finance while we write you in to your challenge health.

In order to address these issues, possible solutions based on blockchain technology are being developed in order to permit the secure digital exchange of business documents, as well as achieving automated compiling through smart contracts. Moreover, other blockchain initiatives are underway to develop solutions addressing more specific problems within the industry. Hence, this thesis addresses the possible introduction of blockchain technology within the industry by performing 15 semi-structured interviews with representatives from shipping businesses, IT and public institutions as well as relying on secondary data collected through an extensive online research.

The review spans approximately four decades (1979–2018) of empirical evidence, including 162 studies published in 48 scholarly journals, complemented with select books and book chapters. The study provides a bibliometric analysis and comprehensive synthesis of existing research offering an invaluable source of information for both the academic community and business practice, shaping the future research agenda in shipping finance and investment. She instantly carried download The at Faegre blinds; Benson in Minneapolis, Minnesota, and brought for the original William W. District Court, Eastern District of Texas.

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