Shipping Finance 3rd ed

Approximately 500 pages of fully revised and updated material, this is the must-read title for all bankers, lawyers, ship owners and everyone involved in ship finance, be it for newbuildings, second-hand vessels or refinancing existing indebtedness secured on ships.

Shipping Finance, 3rd edition includes:

• An up-to-date analysis of the shipping market including comparisons of the world fleet
• A complete analysis of ship mortgage terms, conditions and mortgagee's rights, including a full description of documentation, legislation and registration procedures across the main maritime jurisdictions organised by individual country - now including India and China
• Extensive discussion of the procedure and documentation for registering ships on a country-by-country basis with advice provided by local experts
• An in-depth and practical look at the role of insurance in shipping and ship financing including sample documentation and insurance covenants and notices and a full discussion of the issues facing the maritime insurance industry

This edition features chapters on:

• the financing of second-hand ships
• the financing newbuildings
• the assignment of insurances and earnings
• guarantees, indemnities, charges, debentures and other security relied upon by lenders
• the sale and purchase of second-hand ships
• the application of Islamic finance