Preface; Manolis Kavussanos and Ilias Visvikis.- 1. Shipping Markets and their Economic Drivers; Jan-Henrik Huebner.- 2. Asset Risk Assessment, Analysis and Forecasting in Asset Backed Finance; Henriette Brent Petersen.- 3. Overview of Ship Finance; Fotis Giannakoulis.- 4. Shipbuilding Finance; Charles Cushing.- 5. Debt Financing in Shipping; George Paleokrassas.- 6. Public Debt Markets for Shipping; Basil Karatzas.- 7. Public and Private Equity Markets; Jeffrey Pribor and Cecilie Lind.- 8. Structured Finance in Shipping; Ioannis Alexopoulos, Director and Nikos Stratis.- 9. Key Clauses of a Shipping Loan Agreement; Kyriakos Spoullos.- 10. Legal Aspects of Ship Mortgages; Simon Norton and Claudio Chistè.- 11. Reasons and Mechanics of Handling Defaulted Shipping Loans and Methods of Recovery; Dimitris Anagnostopoulos and Philippos Tsamanis.- 12. Marine Insurance; Marc Huybrechts and Theodora Nikaki.- 13. Maritime Investment Appraisal and Budgeting; Wolfgang Drobetz, Stefan Albertijn
Table of ContentsPreface by Editors
Manolis Kavussanos, Professor, Director MSc in International Shipping, Finance and Management, Athens University of Economics and Business, Greece
Ilias Visvikis, Professor, Director Executive Education and Professional Development, World Maritime University, Sweden
Chapter 1: Shipping Markets and their Economic Drivers
Jan-Henrik Huebner, Head of Shipping Advisory, DNV GL, Germany
Chapter 2: Asset Risk Assessment, Analysis and Forecasting in Asset Backed Finance
Henriette Brent Petersen, Head of Shipping & Offshore Research, DVB Bank SE, The Netherlands
Chapter 3: Overview of Ship Finance
Fotis Giannakoulis, Research Vice President, Morgan Stanley, USA
Chapter 4: Shipbuilding Finance
Charles Cushing, C.R. Cushing & Co. Inc., USA
Chapter 5: Debt Financing in Shipping
George Paleokrassas, Partner, Watson, Farley & Williams, Greece
Chapter 6: Public Debt Markets for Shipping
Basil Karatzas, Founder & CEO, Karatzas Marine Advisors & Co., USA
Chapter 7: Public and Private Equity Markets
Jeffrey Pribor, Global Head, Maritime Investment Banking, Jefferies LLC, USA
Cecilie Lind, Associate Investment Banking, Jefferies LLC, USA
Chapter 8: Structured Finance in Shipping
Ioannis Alexopoulos, Director Maritime Finance, Eurofin Group, Greece
Nikos Stratis, Managing Director, Augustea Group, UK
Chapter 9: Key Clauses of a Shipping Loan Agreement
Kyriakos Spoullos, Solicitor, Norton Rose Fulbright, Greece
Chapter 10: Legal Aspects of Ship Mortgages
Simon Norton, Lecturer, Cardiff Business School, UK
Claudio Chistè, Investec Bank Plc., UK
Chapter 11: Reasons and Mechanics of Handling Defaulted Shipping Loans and Methods of Recovery
Dimitris Anagnostopoulos, Board Member & Director, Aegean Baltic Bank, Greece
Philippos Tsamanis, VP - Head of Shipping, Aegean Baltic Bank, Greece
Chapter 12: Marine Insurance
Marc Huybrechts, Professor, University of Antwerp, Belgium
Theodora Nikaki, Associate Professor, Swansea University, UK
Chapter 13: Maritime Investment Appraisal and Budgeting
Wolfgang Drobetz, Professor, University of Hamburg, Germany
Stefan Albertijn, CEO, HAMANT Beratungs-und Investitions GmbH, Germany
Max Johns, Managing Director, German Shipowners’ Association, Germany
Chapter 14: Financial Analysis and Modelling of Ship Investments
Lars Patterson, Shipping Investment Analyst, Pacomarine Limited, UK
Chapter 15: Maritime Business Risk Management
Manolis Kavussanos, Professor, Director MSc in International Shipping, Finance and Management, Athens University of Economics and Business, Greece
Ilias Visvikis, Professor, Director Executive Education and Professional Development, World Maritime University, Sweden
Chapter 16: Mergers and Acquisitions in Shipping
George Alexandridis, Associate Professor, Director of Shipping Programmes, ICMA Centre, Henley Business School, University of Reading, UK
Manish Singh, Group Commercial Director, V.Group Limited, UK
