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

• Main Author: Tan, Jun Wei
• Other Authors: Okan Duru
• Format: Final Year Project
• Language: English
• Published: 2018
• Subjects: DRNTU::Engineering::Maritime studies
• Online Access: http://hdl.handle.net/10356/75442
• Institution: Nanyang Technological University

During the economic boom period, massive cash loans (at low interest rates) are available to entice borrowers. As ships are capital intensive assets of the shipping firms, part of it need to be acquired through incurring debts. At the economic peak period of 2006, many shipping firms invested massiv...