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Vol 22 No 10 Oct/Nov 2017

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Lindley & Banks on Partnership

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An Introduction to Bunker Credit Risk


ISBN13: 9780954809751
Published: October 2010
Publisher: Petrospot Ltd
Country of Publication: UK
Format: Paperback
Price: £45.00



Usually despatched in 1 to 3 weeks.

An Introduction to Bunker Credit Risk is an essential tool for all those responsible for making credit decisions and assessing counterparty risk when buying or selling marine fuels.

Presenting a complex subject in a simply-written and highly-effective format, this book also provides a comprehensive foundation for anyone involved in any aspect of credit management.

The book offers an understanding of the marine fuel market and of the shipping markets that it supports, and a practical introduction to the assessment of counterparty risk in the sector.

Fuel is sold to ships and almost universally on open credit and the sums involved can be substantial. With no security and thin margins, payment delay or default can be very serious for the supplier. It is important to understand the dynamics of credit risk, both as a defence against loss and as a tool for maximising profit.