PTF02: Shipping Financing
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Standard Terms And Conditions
Comments from past
participant:
| “My expectation of the seminar was basically to understand the fundamentals of Shipping Financing. The seminar, discussion and Q & A sessions have managed to provide me with that understanding.” |
- Mr. Abdul Ghafar Ahmad
Bank Islam Malaysia,
Malaysia.
[Class of April 2008] |
| |
Highlights
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Be aware of the factors to
consider in a ship financing loan.
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The various types of
charteres and the risks in each of them.
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The collateral support that
is needed.
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Ensure that a thorough
financial analysis (from the viewpoint of a typical ship
owner is carried out).
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Other factors to consider in
analysing the credit.
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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.
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Discuss a typical shipyard’s financial statement.
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Ensure that the standard terms and conditions are in place.
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Be familiar as to how ships are registered in Singapore, the advantages as well as the various conditions and procedures.
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Know what are flags of convenience and the advantages/disadvantages of using them.
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The importance of having the vessel classified by one of the officially recognized classification societies.
(Participants may be
eligible for Financial Sector Development Fund (FSDF) grant
support on a case-by-case basis. Please submit applications to the
FSDF Secretariat directly. As part of the application and
evaluation process, participants will be required to complete and
submit an FSDF evaluation form upon completion of the seminar.)
Download a copy of the Monetary
Authority of Singapore - Financial Sector Development Fund (FSDF)
Training Scheme
Application
and
Evaluation forms. |
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