Research On Risk Prevention Of Ship Finance Leases

Shipping financing is the action of the ship-owner who raising money to invest into the ship. The Maritime Code of China does not character what the shipping financial leasing is except some principled stipulation to the ship mortgage. The present situation of legislation can not provide the powerful system safeguard for the ships financing development. The only effective way to active control ships financing risk and attract investment is consulting international legislation and practice experience and perfecting our shipping financing related law system.Shipping financing is one kind of great investment and the recycling time is long. The shipping financial leasing means the lessor purchase the ship which had been selected by the lesser. The lesser use that ship and pay the hire to lessor. And at the end of leasing, the lesser will have the property of the ship. There so many risks for lessor such as management risk, interest rate and exchange rate risk, perform risk and new building ship risk. In addition, the risks of maritime lien and oil pollution damage can not be ignored by the lessor.According the working practice in shipping financial leasing, the author describes what the shipping financial leasing is and how to avoid the risks. The author also studies the legal and economic environment of shipping financial leasing in China. The purpose of author why write this article is attracting more regard in shipping financial leasing in China and establishing the legal system as soon as possible which can give powerful support to the development of Chinese shipping industry.