This seminar is ideal for new entrants to ship financing as it provides a comprehensive introduction to the fundamental aspects of this crucial part of the shipping industry. Participants will learn about the basic features of ship financing, including the various financing structures and instruments available. The seminar will also cover the roles of key stakeholders in ship financing.
The regulatory framework governing ship financing transactions will be discussed, including relevant international maritime law and national regulations, as well as environmental/CSR related aspects. The seminar will provide an overview of the essential shipping documentation involved, such as ship mortgages, charter party agreements, bills of sale, registration documents, and insurance policies.
More advanced topics and practical applications in ship financing will be explored, including recent trends and challenges and strategies for successful ship financing.
Discounts
A 10% group discount is available for registering three or more participants from the same company.
What will you learn?
Day 1: Fundamentals and Key Concepts of Ship Financing (90 minutes)
Introduction: This session will provide an overview of the fundamental principles and key concepts in ship financing. Participants will gain a comprehensive understanding of the various financing options available, the roles of different stakeholders and the regulatory framework governing ship financing. Current trends and challenges in ship financing will also be introduced.
Content overview:
- Ship financing and fundamental principles: What is ship financing, why is it important and what are the fundamental principles of ship financing?
- Overview of financing structures and instruments: Bilateral and syndicated bank loans, asset financing, leasing, sale and leaseback, bareboat charters, equity financing.
- Innovative financing solutions: Exploring new and creative ways to finance ships, such as crowdfunding and private equity.
- The role of the main players: Shipowners, banks and financial institutions, investors and equity partners, maritime lawyers and brokers.
- The applicable regulatory framework: International maritime law and national regulations.
- Trends and challenges in ship financing: Market trends, technological advancements and the role of innovation, risk management strategies.
Day 2: Advanced Topics and Practical Applications in Ship Financing (90 minutes)
Introduction: Building on the foundational knowledge from the first day, this session will introduce participants to the comprehensive steps involved in a ship financing deal. Participants will get an overview of ship financing documentation and examine the critical role of documentation in securing and structuring financing deals, strategies for successful ship financing in a dynamic market and aspects relating to sustainable and green financing.
Content overview:
- Navigating the process: A step-by-step introduction to a financing deal, challenges faced and matters to be particularly aware of.
- Overview of documentation: The ship mortgage, assignments, charter party agreements, bill of sale, registration documents and insurance policies. Standards from the Loan Market Association and BIMCO.
- Documentation as a Key Element: Ensuring proper registration of the ship, compliance with applicable laws, and managing documentation and accounting.
- Strategies for successful ship financing: Due diligence to evaluate the risks associated with the financing deal, negotiating terms such as interest rates, repayment schedules and covenants, securing funding, and managing relationships.
- Sustainable and green financing: Focus on environmental regulations and other CSR related aspects and their impact on ship financing, including the Poseidon Principles.
Starting time (for both sessions 1 and 2)
13:00 UTC
15:00 CEST
See the time in your local time zone.
Why choose to participate?
Participating in the Fundamentals of Ship Financing seminar offers a unique opportunity to become familiar with the fundamental skills relating to ship financing. By taking part in this course, you will gain a comprehensive understanding of the basic features of ship financing, including various financing structures and instruments available, and alternative options like crowdfunding and private equity.
This course is designed to enhance your understanding of the regulatory framework governing ship financing transactions, essential shipping documentation and the roles of key stakeholders in ship financing. Whether you are in management, legal or operations, you will walk away with knowledge on structuring financing deals, ensuring compliance, and managing documentation effectively. The course is intended for participants with limited experience in ship financing.
How will this course help your professional development?
The Fundamentals of Ship Financing seminar will significantly enhance your knowledge on ship financing by equipping you with essential knowledge and skills in this topical area. This course will provide you with fundamental understanding of the various financing structures and instruments available, including bilateral and syndicated bank loans, asset financing, leasing, sale and leaseback, and equity financing. You will also explore alternative financing options such as crowdfunding and private equity.
By attending this course, you will develop the ability to better understand the complexities of ship financing and the importance of ensuring compliance and managing documentation effectively. You will also learn about the roles of key stakeholders in ship financing and the different sources of capital available for shipping companies.
Course materials
BIMCO issues electronic course files as an Adobe PDF file enabling you to make personal notes. All documentation and presentations will be in English. Course access details will be provided a week before the course start date if the registration is completed.
