Shipping Finance

Now in its fifth edition, and containing over 720 pages of fully revised and updated material, Shipping Finance includes an analysis of ship mortgage terms and conditions, and mortgagee rights across the main maritime jurisdictions.

In addition, this invaluable book provides an extensive discussion of the procedure and documentation for registering ships on a country-by-country basis, with detailed advice from local experts.

Updated chapters include:

• shipping finance from a bank’s perspective;
• the financing of second-hand vessels;
• the financing of newbuildings;
• security typically relied on by ship financiers;
• the sale and purchase of second-hand vessels;
• the role of insurance in shipping;
• Islamic finance;
• Chinese leasing; and
• restructuring shipping loans.

This edition also features four new chapters covering the following topics:

• Japanese operating leases with call options (JOLCOs);
• French optimised leasing;
• decarbonisation and sustainable finance; and
• alternative sources of finance: private credit financiers.

Shipping Finance: A Practical Handbook, Fifth Edition is an essential reference tool for anyone involved in shipping finance including financiers, lawyers and shipowners.