Analysis of solvency and loss of asset value in publicly traded Tanker shipping firms

• Main Author: Hameed Misbahuddin Rowther Mohidin Pitchai
• Other Authors: Okan Duru
• Format: Final Year Project
• Language: English
• Published: 2018
• Subjects: DRNTU::Engineering::Maritime studies
• Online Access: http://hdl.handle.net/10356/74725
• Institution: Nanyang Technological University

Research findings have shown that there was an ample amount of available cash at low interest rates during the economic boom in 2006 and 2007. Thus, investors, banks and shipping companies pumped hundreds of billions into the shipping business with the hope of yielding a high return. Subsequently, m...