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Ship finance and its role in the energy transition | Dec 2023
In this episode, host Jakub Walenkiewicz is joined by Anastassia Tcherneva from ABN AMRO Bank N.V. to discuss how financial institutions are supporting the decarbonization of the maritime sector and what they expect from shipowners to provide them with vessel funding.
#shipfinance #decarbonisation #maritime #maritimeimpact
LET’S CONNECT
LinkedIn: https://www.linkedin.com/showcase/dnv-maritime/
Facebook: https://www.facebook.com/DNV.Maritime
X: https://twitter.com/dnv_maritime
Email Subscription: https://www.dnv.com/maritime/email-subscriptions.html
published: 22 Dec 2023
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Shipping Finance Overview
24th Annual Marine Money Greek Ship Finance Forum
Thursday 13th October 2022
Moderator: Alexia Hatzimichalis, Partner and Head Athens office, Watson Farley & Williams LLP
Iraklis Tsirigotis, Director of Origination, Neptune Maritime Leasing
Astero Kampisiou, Head of Greek Clients, Partner, NorthCape AS
Arjun Thampan, Senior Vice President, EnTrust Global
Nicholas M. Petrakakos, Partner & Managing Director, Maritime & Offshore, Alantra
Wilhelm Magelssen, Partner/Fund Manager, NRP Maritime Asset Management AS
published: 19 Oct 2022
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Vessel Valuation Practical Exercise (Shipping Finance and Risk Management M1)
The aim of the vessel valuation tutorial is for you to use a practical exercise to learn how purchasing vessels as investments in shipping are assessed.
The problem statement is as follows:
An investor is considering investing in shipping by buying a five-year-old VLCC with a current market price of 68 million dollars. He has commissioned a consultant to assess the fair value of this vessel so that he can make the correct strategic investment decision. To do this valuation job, the consultant needs to make assumptions on the discounted rate, forecast freight rates for the remaining life span of the ship and the scrap value of the vessel (residual value). The data that the consultant collected and will use in his valuation is as follows:
Initial payment - $68,000,000
Risk free rate - 1.6...
published: 10 Dec 2021
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TMS Ship Finance and Trade Conference 2024 - Mr. Menelaus Kouzoupis
Interview with Mr. Menelaus Kouzoupis from Stephenson Harwood on attending The Maritime Standard Ship Finance and Trade Conference 2024 which took place on Wednesday, 14th February, at the Taj Exotica Resort, Dubai, UAE.
published: 22 Feb 2024
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TMS Ship Finance and Trade Conference 2024 - Keynote Address by Capt Ammar Al Shaiba
Captain Ammar Al Shaiba, CEO – Maritime & Shipping Cluster, AD Ports Group, delivered an insightful keynote speech at The Maritime Standard Ship Finance and Trade Conference 2024, emphasizing the importance of collaboration and strategic planning in navigating the challenges and opportunities facing the maritime industry. As the industry emerges from the pandemic and grapples with geopolitical shifts and economic uncertainties, Captain Al Shaiba highlighted the need for synergy between shipping, ports, terminals, and financial communities. He emphasized the significance of diversity and adaptability in mitigating risks and maximizing opportunities, drawing from the success of AD Ports Group's three-stage growth strategy. Captain Al Shaiba underscored the crucial role of sustainability in d...
published: 21 Feb 2024
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Menelaus Kouzoupis' Insights from the TMS Ship Finance and Trade Conference 2024
Menelaus Kouzoupis from Stephenson Harwood shared his insightful expertise at The Maritime Standard Ship Finance and Trade Conference 2024! Presenting on "Shipping, Finance, and Decarbonisation," Menelaus offered insights into the legal dynamics and decarbonization efforts shaping the maritime industry's future. He highlighted the pivotal role of maritime law in fostering collaborations between the shipping and finance sectors, particularly in financing green new buildings and retrofitting ships for sustainability. Delving into green financing initiatives, Menelaus emphasized the purpose, types, and initiatives driving sustainability in the industry. By focusing on existing fleets and alternative fuels, he explored the challenges and opportunities presented by maritime decarbonization, emp...
published: 23 Feb 2024
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Nikeel Idnani's Insights from the TMS Ship Finance and Trade Conference 2024
Nikeel Idnani, Honorary Secretary at IMarEST, delivered an insightful presentation at The Maritime Standard Ship Finance and Trade Conference 2024. In his session, "Hull Skin in the Game," Nikeel explored the transformative impact of marine technology on vessel dynamics and ship finance stakeholders. He discussed the role of marine professionals in building resilience in the maritime landscape, emphasizing the significance of challenges and advancements in hull skin technology. Nikeel highlighted the benefits of foul-release silicone technology in decreasing hull drag resistance and promoting environmentally friendly coatings. Attendees gained valuable insights into the potential of biocide-free solutions and the comparative advantages of various coatings.
published: 25 Feb 2024
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TMS Ship Finance and Trade Conference 2024 - Dr. Ibrahim Al Nadhairi
Interview with Dr. Ibrahim Al Nadhairi, CEO of ASYAD Shipping & Drydocks on attending The Maritime Standard Ship Finance and Trade Conference 2024 which took place on Wednesday, 14th February, at the Taj Exotica Resort, Dubai, UAE.
published: 22 Feb 2024
-
Tejas Shah's Insights from the TMS Ship Finance and Trade Conference 2024
Tejas Shah from Tomini Group delivered an insightful presentation at The Maritime Standard Ship Finance and Trade Conference 2024, shedding light on the bulk shipping and trade perspective. He delved into the collaborative efforts required between the shipping and finance sectors, addressing future shocks, risk management, and the dynamic nature of the bulk operator sector. Tejas emphasized the importance of navigating the evolving landscape of ship finance, highlighting the need for adaptability and strategic collaboration to ensure resilience in the face of industry challenges.
published: 25 Feb 2024
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Interview with Kenneth Lam, CEO of Credit Agricole Asia Shipfinance
Kenneth Lam, CEO of Credit Agricole Asia Shipfinance, explains about the importance of certainty and stability of policy for Hong Kong’s shipping community.
In this interview with Seatrade Maritime News Lam talks about how Hong Kong’s ship leasing tax incentive compliments existing tax regulations for shipping to meet the demands of changing business models, and how this will benefit the maritime cluster in the city as whole.
published: 06 Oct 2020
30:06
Ship finance and its role in the energy transition | Dec 2023
In this episode, host Jakub Walenkiewicz is joined by Anastassia Tcherneva from ABN AMRO Bank N.V. to discuss how financial institutions are supporting the deca...
In this episode, host Jakub Walenkiewicz is joined by Anastassia Tcherneva from ABN AMRO Bank N.V. to discuss how financial institutions are supporting the decarbonization of the maritime sector and what they expect from shipowners to provide them with vessel funding.
#shipfinance #decarbonisation #maritime #maritimeimpact
LET’S CONNECT
LinkedIn: https://www.linkedin.com/showcase/dnv-maritime/
Facebook: https://www.facebook.com/DNV.Maritime
X: https://twitter.com/dnv_maritime
Email Subscription: https://www.dnv.com/maritime/email-subscriptions.html
https://wn.com/Ship_Finance_And_Its_Role_In_The_Energy_Transition_|_Dec_2023
In this episode, host Jakub Walenkiewicz is joined by Anastassia Tcherneva from ABN AMRO Bank N.V. to discuss how financial institutions are supporting the decarbonization of the maritime sector and what they expect from shipowners to provide them with vessel funding.
#shipfinance #decarbonisation #maritime #maritimeimpact
LET’S CONNECT
LinkedIn: https://www.linkedin.com/showcase/dnv-maritime/
Facebook: https://www.facebook.com/DNV.Maritime
X: https://twitter.com/dnv_maritime
Email Subscription: https://www.dnv.com/maritime/email-subscriptions.html
- published: 22 Dec 2023
- views: 10785
32:06
Shipping Finance Overview
24th Annual Marine Money Greek Ship Finance Forum
Thursday 13th October 2022
Moderator: Alexia Hatzimichalis, Partner and Head Athens office, Watson Farley & ...
24th Annual Marine Money Greek Ship Finance Forum
Thursday 13th October 2022
Moderator: Alexia Hatzimichalis, Partner and Head Athens office, Watson Farley & Williams LLP
Iraklis Tsirigotis, Director of Origination, Neptune Maritime Leasing
Astero Kampisiou, Head of Greek Clients, Partner, NorthCape AS
Arjun Thampan, Senior Vice President, EnTrust Global
Nicholas M. Petrakakos, Partner & Managing Director, Maritime & Offshore, Alantra
Wilhelm Magelssen, Partner/Fund Manager, NRP Maritime Asset Management AS
https://wn.com/Shipping_Finance_Overview
24th Annual Marine Money Greek Ship Finance Forum
Thursday 13th October 2022
Moderator: Alexia Hatzimichalis, Partner and Head Athens office, Watson Farley & Williams LLP
Iraklis Tsirigotis, Director of Origination, Neptune Maritime Leasing
Astero Kampisiou, Head of Greek Clients, Partner, NorthCape AS
Arjun Thampan, Senior Vice President, EnTrust Global
Nicholas M. Petrakakos, Partner & Managing Director, Maritime & Offshore, Alantra
Wilhelm Magelssen, Partner/Fund Manager, NRP Maritime Asset Management AS
- published: 19 Oct 2022
- views: 1721
4:18
Vessel Valuation Practical Exercise (Shipping Finance and Risk Management M1)
The aim of the vessel valuation tutorial is for you to use a practical exercise to learn how purchasing vessels as investments in shipping are assessed.
The pr...
The aim of the vessel valuation tutorial is for you to use a practical exercise to learn how purchasing vessels as investments in shipping are assessed.
The problem statement is as follows:
An investor is considering investing in shipping by buying a five-year-old VLCC with a current market price of 68 million dollars. He has commissioned a consultant to assess the fair value of this vessel so that he can make the correct strategic investment decision. To do this valuation job, the consultant needs to make assumptions on the discounted rate, forecast freight rates for the remaining life span of the ship and the scrap value of the vessel (residual value). The data that the consultant collected and will use in his valuation is as follows:
Initial payment - $68,000,000
Risk free rate - 1.6%
Risk premium - 5.0%
Discount rate - 6.6%
Age - 5 Years
DWT - 305,000 DWT
Operating days - 350 Days
Daily fixed cost - $ 5,000
TCE1 -5yAvg - $ 30,952
TCE2-5yMIN - $ 19,000
TCE3 -5yMAX - $ 80,000
SV1 - $ 200
SV2 - $ 250
SV3 - $ 300
LDT - 41,616 t
Three scenarios based on historical levels of earnings are assumed to forecast future earnings, an average, worst (minimum) and best (maximum). Similarly, three scenarios are assumed for the salvage value (SV), which are used to calculate the value of the end life span of the vessel using the light displacement of the vessel.
By implementing the formula of NPV the consultant runs the three scenarios and arrives at the following recommendations:
1. Based on the worst scenario, do not invest. Do not buy the vessel as the fair value is below the market value.
2. Based on the average and best scenarios, it is highly recommended to invest as the fair value of the vessel is above the market value.
https://wn.com/Vessel_Valuation_Practical_Exercise_(Shipping_Finance_And_Risk_Management_M1)
The aim of the vessel valuation tutorial is for you to use a practical exercise to learn how purchasing vessels as investments in shipping are assessed.
The problem statement is as follows:
An investor is considering investing in shipping by buying a five-year-old VLCC with a current market price of 68 million dollars. He has commissioned a consultant to assess the fair value of this vessel so that he can make the correct strategic investment decision. To do this valuation job, the consultant needs to make assumptions on the discounted rate, forecast freight rates for the remaining life span of the ship and the scrap value of the vessel (residual value). The data that the consultant collected and will use in his valuation is as follows:
Initial payment - $68,000,000
Risk free rate - 1.6%
Risk premium - 5.0%
Discount rate - 6.6%
Age - 5 Years
DWT - 305,000 DWT
Operating days - 350 Days
Daily fixed cost - $ 5,000
TCE1 -5yAvg - $ 30,952
TCE2-5yMIN - $ 19,000
TCE3 -5yMAX - $ 80,000
SV1 - $ 200
SV2 - $ 250
SV3 - $ 300
LDT - 41,616 t
Three scenarios based on historical levels of earnings are assumed to forecast future earnings, an average, worst (minimum) and best (maximum). Similarly, three scenarios are assumed for the salvage value (SV), which are used to calculate the value of the end life span of the vessel using the light displacement of the vessel.
By implementing the formula of NPV the consultant runs the three scenarios and arrives at the following recommendations:
1. Based on the worst scenario, do not invest. Do not buy the vessel as the fair value is below the market value.
2. Based on the average and best scenarios, it is highly recommended to invest as the fair value of the vessel is above the market value.
- published: 10 Dec 2021
- views: 1041
1:05
TMS Ship Finance and Trade Conference 2024 - Mr. Menelaus Kouzoupis
Interview with Mr. Menelaus Kouzoupis from Stephenson Harwood on attending The Maritime Standard Ship Finance and Trade Conference 2024 which took place on Wedn...
Interview with Mr. Menelaus Kouzoupis from Stephenson Harwood on attending The Maritime Standard Ship Finance and Trade Conference 2024 which took place on Wednesday, 14th February, at the Taj Exotica Resort, Dubai, UAE.
https://wn.com/Tms_Ship_Finance_And_Trade_Conference_2024_Mr._Menelaus_Kouzoupis
Interview with Mr. Menelaus Kouzoupis from Stephenson Harwood on attending The Maritime Standard Ship Finance and Trade Conference 2024 which took place on Wednesday, 14th February, at the Taj Exotica Resort, Dubai, UAE.
- published: 22 Feb 2024
- views: 5
5:28
TMS Ship Finance and Trade Conference 2024 - Keynote Address by Capt Ammar Al Shaiba
Captain Ammar Al Shaiba, CEO – Maritime & Shipping Cluster, AD Ports Group, delivered an insightful keynote speech at The Maritime Standard Ship Finance and Tra...
Captain Ammar Al Shaiba, CEO – Maritime & Shipping Cluster, AD Ports Group, delivered an insightful keynote speech at The Maritime Standard Ship Finance and Trade Conference 2024, emphasizing the importance of collaboration and strategic planning in navigating the challenges and opportunities facing the maritime industry. As the industry emerges from the pandemic and grapples with geopolitical shifts and economic uncertainties, Captain Al Shaiba highlighted the need for synergy between shipping, ports, terminals, and financial communities. He emphasized the significance of diversity and adaptability in mitigating risks and maximizing opportunities, drawing from the success of AD Ports Group's three-stage growth strategy. Captain Al Shaiba underscored the crucial role of sustainability in driving the industry towards a greener future, urging financial institutions to invest in environmentally responsible projects.
https://wn.com/Tms_Ship_Finance_And_Trade_Conference_2024_Keynote_Address_By_Capt_Ammar_Al_Shaiba
Captain Ammar Al Shaiba, CEO – Maritime & Shipping Cluster, AD Ports Group, delivered an insightful keynote speech at The Maritime Standard Ship Finance and Trade Conference 2024, emphasizing the importance of collaboration and strategic planning in navigating the challenges and opportunities facing the maritime industry. As the industry emerges from the pandemic and grapples with geopolitical shifts and economic uncertainties, Captain Al Shaiba highlighted the need for synergy between shipping, ports, terminals, and financial communities. He emphasized the significance of diversity and adaptability in mitigating risks and maximizing opportunities, drawing from the success of AD Ports Group's three-stage growth strategy. Captain Al Shaiba underscored the crucial role of sustainability in driving the industry towards a greener future, urging financial institutions to invest in environmentally responsible projects.
- published: 21 Feb 2024
- views: 30
9:00
Menelaus Kouzoupis' Insights from the TMS Ship Finance and Trade Conference 2024
Menelaus Kouzoupis from Stephenson Harwood shared his insightful expertise at The Maritime Standard Ship Finance and Trade Conference 2024! Presenting on "Shipp...
Menelaus Kouzoupis from Stephenson Harwood shared his insightful expertise at The Maritime Standard Ship Finance and Trade Conference 2024! Presenting on "Shipping, Finance, and Decarbonisation," Menelaus offered insights into the legal dynamics and decarbonization efforts shaping the maritime industry's future. He highlighted the pivotal role of maritime law in fostering collaborations between the shipping and finance sectors, particularly in financing green new buildings and retrofitting ships for sustainability. Delving into green financing initiatives, Menelaus emphasized the purpose, types, and initiatives driving sustainability in the industry. By focusing on existing fleets and alternative fuels, he explored the challenges and opportunities presented by maritime decarbonization, emphasizing its potential for growth, efficiency, and capacity enhancement.
https://wn.com/Menelaus_Kouzoupis'_Insights_From_The_Tms_Ship_Finance_And_Trade_Conference_2024
Menelaus Kouzoupis from Stephenson Harwood shared his insightful expertise at The Maritime Standard Ship Finance and Trade Conference 2024! Presenting on "Shipping, Finance, and Decarbonisation," Menelaus offered insights into the legal dynamics and decarbonization efforts shaping the maritime industry's future. He highlighted the pivotal role of maritime law in fostering collaborations between the shipping and finance sectors, particularly in financing green new buildings and retrofitting ships for sustainability. Delving into green financing initiatives, Menelaus emphasized the purpose, types, and initiatives driving sustainability in the industry. By focusing on existing fleets and alternative fuels, he explored the challenges and opportunities presented by maritime decarbonization, emphasizing its potential for growth, efficiency, and capacity enhancement.
- published: 23 Feb 2024
- views: 19
10:54
Nikeel Idnani's Insights from the TMS Ship Finance and Trade Conference 2024
Nikeel Idnani, Honorary Secretary at IMarEST, delivered an insightful presentation at The Maritime Standard Ship Finance and Trade Conference 2024. In his sessi...
Nikeel Idnani, Honorary Secretary at IMarEST, delivered an insightful presentation at The Maritime Standard Ship Finance and Trade Conference 2024. In his session, "Hull Skin in the Game," Nikeel explored the transformative impact of marine technology on vessel dynamics and ship finance stakeholders. He discussed the role of marine professionals in building resilience in the maritime landscape, emphasizing the significance of challenges and advancements in hull skin technology. Nikeel highlighted the benefits of foul-release silicone technology in decreasing hull drag resistance and promoting environmentally friendly coatings. Attendees gained valuable insights into the potential of biocide-free solutions and the comparative advantages of various coatings.
https://wn.com/Nikeel_Idnani's_Insights_From_The_Tms_Ship_Finance_And_Trade_Conference_2024
Nikeel Idnani, Honorary Secretary at IMarEST, delivered an insightful presentation at The Maritime Standard Ship Finance and Trade Conference 2024. In his session, "Hull Skin in the Game," Nikeel explored the transformative impact of marine technology on vessel dynamics and ship finance stakeholders. He discussed the role of marine professionals in building resilience in the maritime landscape, emphasizing the significance of challenges and advancements in hull skin technology. Nikeel highlighted the benefits of foul-release silicone technology in decreasing hull drag resistance and promoting environmentally friendly coatings. Attendees gained valuable insights into the potential of biocide-free solutions and the comparative advantages of various coatings.
- published: 25 Feb 2024
- views: 54
1:42
TMS Ship Finance and Trade Conference 2024 - Dr. Ibrahim Al Nadhairi
Interview with Dr. Ibrahim Al Nadhairi, CEO of ASYAD Shipping & Drydocks on attending The Maritime Standard Ship Finance and Trade Conference 2024 which took pl...
Interview with Dr. Ibrahim Al Nadhairi, CEO of ASYAD Shipping & Drydocks on attending The Maritime Standard Ship Finance and Trade Conference 2024 which took place on Wednesday, 14th February, at the Taj Exotica Resort, Dubai, UAE.
https://wn.com/Tms_Ship_Finance_And_Trade_Conference_2024_Dr._Ibrahim_Al_Nadhairi
Interview with Dr. Ibrahim Al Nadhairi, CEO of ASYAD Shipping & Drydocks on attending The Maritime Standard Ship Finance and Trade Conference 2024 which took place on Wednesday, 14th February, at the Taj Exotica Resort, Dubai, UAE.
- published: 22 Feb 2024
- views: 17
4:12
Tejas Shah's Insights from the TMS Ship Finance and Trade Conference 2024
Tejas Shah from Tomini Group delivered an insightful presentation at The Maritime Standard Ship Finance and Trade Conference 2024, shedding light on the bulk sh...
Tejas Shah from Tomini Group delivered an insightful presentation at The Maritime Standard Ship Finance and Trade Conference 2024, shedding light on the bulk shipping and trade perspective. He delved into the collaborative efforts required between the shipping and finance sectors, addressing future shocks, risk management, and the dynamic nature of the bulk operator sector. Tejas emphasized the importance of navigating the evolving landscape of ship finance, highlighting the need for adaptability and strategic collaboration to ensure resilience in the face of industry challenges.
https://wn.com/Tejas_Shah's_Insights_From_The_Tms_Ship_Finance_And_Trade_Conference_2024
Tejas Shah from Tomini Group delivered an insightful presentation at The Maritime Standard Ship Finance and Trade Conference 2024, shedding light on the bulk shipping and trade perspective. He delved into the collaborative efforts required between the shipping and finance sectors, addressing future shocks, risk management, and the dynamic nature of the bulk operator sector. Tejas emphasized the importance of navigating the evolving landscape of ship finance, highlighting the need for adaptability and strategic collaboration to ensure resilience in the face of industry challenges.
- published: 25 Feb 2024
- views: 15
5:23
Interview with Kenneth Lam, CEO of Credit Agricole Asia Shipfinance
Kenneth Lam, CEO of Credit Agricole Asia Shipfinance, explains about the importance of certainty and stability of policy for Hong Kong’s shipping community.
In ...
Kenneth Lam, CEO of Credit Agricole Asia Shipfinance, explains about the importance of certainty and stability of policy for Hong Kong’s shipping community.
In this interview with Seatrade Maritime News Lam talks about how Hong Kong’s ship leasing tax incentive compliments existing tax regulations for shipping to meet the demands of changing business models, and how this will benefit the maritime cluster in the city as whole.
https://wn.com/Interview_With_Kenneth_Lam,_Ceo_Of_Credit_Agricole_Asia_Shipfinance
Kenneth Lam, CEO of Credit Agricole Asia Shipfinance, explains about the importance of certainty and stability of policy for Hong Kong’s shipping community.
In this interview with Seatrade Maritime News Lam talks about how Hong Kong’s ship leasing tax incentive compliments existing tax regulations for shipping to meet the demands of changing business models, and how this will benefit the maritime cluster in the city as whole.
- published: 06 Oct 2020
- views: 448