The Analysis Of Ship Fianance Decision-Making And Risk Evading

The shipping world is an industry with dense capitals,high risks and high investments. The huge funds which spending in building or purchasing vessels are one of the most troublesome problems that distress the shipowner and ship building enterprises. Whether they can find suitable finance channels or methods for companies' future development is the most remarkable problem for expansion of fleet and strengthening of competition.The dissertation is finally completed based on deeply investigations on many shipping enterprises and finance institutes home and abroad, combination with the status quo, existed problems and risks of shipping finance leasing in our country, and consultation in many famous experts' research fruits. It first makes a brief introduction about several shipping finance modes that are prevalently applied in practice and makes a profound analysis of the huge disparity between current domestic finance and international advanced finance. Subsequently, finance leasing which enjoys great popularity in the shipping world is expatiated in details and NPV model aiming at vessel purchase with loan and finance leasing is set up to analyze the superiority of finance leasing compared with vessel purchasing with examples. In the fourth chapter, it imports multi-object investment decision-making model because of its difficulties for the NPV model to reflect full-scale factors which influence ship finance leasing. Meantime, the dissertation makes some advisable improvements on the model for consultation in many relevant experts' research fruits and combination with individual views and researches to reflect the actual situations more faithfully. In the chapter five, it analyzes various risks that may be encountered in practice and takes several effective methods to elude the finance risks. Finally it puts forward an optima scheme to set up special finance institute by the guild to adjust the severe problems faced by the mini-scale ship building enterprises. It is not only beneficial for the banks to reduce risks effectively but also can help the mini-scale ship building company raise sufficient funds to enlarge the scale of the companies. The dissertation also combines gray theory and AHP methods, sets up risk elusion models to evaluate...