The scope of this course is to offer comprehensive understanding of shipping finance in theory and practice. International shipping industry with 1 trillion US Dollar assets of worth is the typical example of a capital intense industry, therefore it is crucial to understand the various aspects of shipping finance.
Duration
4 Weeks
Format
Online
Language
English
Start date
Monthly
Accredited by
The scope of this course is to offer comprehensive understanding of shipping finance in theory and practice. International shipping industry with 1 trillion US Dollar assets of worth is the typical example of a capital intense industry, therefore it is crucial to understand the various aspects of shipping finance.
- Duration
4 Weeks - Format
Online - Language
English - Start date
Monthly - Accredited by
The module provides students the knowledge on topics regarding the financial policy of shipping companies with emphasis on investment programmes, capital structure, cost of capital and pay out policy.
Furthermore, it focuses on topics such as: leasing, financing expansion, collaterals used in finance, cash flow analysis, syndicated loans, project finance for new ships, financing new ships – commercial funds, financing second – hand vessels and conversions, financial appraisal of new projects, the importance and the role of using foreign currencies. Additionally, it analyses the capital markets, the equity (ipo’s) and debt finance. Furthermore, modern types and methods of financing shipping companies (e.g. Islamic Finance) are discussed and assessed.
Moreover, students acquire deeper understanding in techniques and products used by companies dealing with maritime business sector, so that they can reduce the risk bearing by engaging the maritime business sector such as: derivative products, hedging, mergers and acquisitions of shipping companies.The nature of the risk in shipping industry is also identified and analysed along with the significance of financial risk management including the following: freight rate risk, ships value at risk, bunker price risk, interest rate risk and exchange rate risk.
TUITION
€1.200
Meet the Instructor
Chrysostomos Kokkinos
Partner · Seven Capital Maritime Services Ltd
Chrysostomos has over 20 years experience in shipping and aviation industry.
Currently he is partner at Seven Capital Maritime Services Ltd an independent advisory firm which provides a comprehensive and broad range of financial and maritime support services to companies and institutions involved in the maritime industry through its expanded network around the world.
Prior to establishing Seven Capital, he worked with WEM Lines Group as Chief Financial Officer for 6 years (September 2010 - September 2016) and has been involved in several debt restructurings, new projects development & financing, private equity joint ventures, financial investments, market research / analyses as well as the daily financial and accounting operations of the Group.
Prior to joining WEM, Chris held the position of CFO with K2 SmartJets, a business jets owner / operator in Greece for three years. He also worked with great success as a Treasurer and Financial Analyst at Cardiff Marine Group (Dry Bulkers, Tankers & Offshore Rigs Owner/Operator) and Eletson Corporation (Product Carriers & LPG Vessels Owner/Operator) in Athens, where he gained almost seven years shipping and finance experience.
Chris has also over 8 years of experience in the aviation industry where he was involved in various activities such as S&P, N/Bs & Chartering. He was also involved in numerous corporate finance transactions including loans, leasing structures, private placements and M&A advisory work for a variety of projects such as airlines, seaplanes and flight simulators.
Chris has a financial background and holds a BSc in Economics from AUEB (Athens University of Economics & Business, Greece) and an MSc in Finance & Banking from University of Pireaus, Greece with the highest ranking among his graduating class.
The module provides students the knowledge on topics regarding the financial policy of shipping companies with emphasis on investment programmes, capital structure, cost of capital and pay out policy.
Furthermore, it focuses on topics such as: leasing, financing expansion, collaterals used in finance, cash flow analysis, syndicated loans, project finance for new ships, financing new ships – commercial funds, financing second – hand vessels and conversions, financial appraisal of new projects, the importance and the role of using foreign currencies. Additionally, it analyses the capital markets, the equity (ipo’s) and debt finance. Furthermore, modern types and methods of financing shipping companies (e.g. Islamic Finance) are discussed and assessed.
Moreover, students acquire deeper understanding in techniques and products used by companies dealing with maritime business sector, so that they can reduce the risk bearing by engaging the maritime business sector such as: derivative products, hedging, mergers and acquisitions of shipping companies.The nature of the risk in shipping industry is also identified and analysed along with the significance of financial risk management including the following: freight rate risk, ships value at risk, bunker price risk, interest rate risk and exchange rate risk.
TUITION
€1.200
Meet the Instructor
Chrysostomos Kokkinos
Partner · Seven Capital Maritime Services Ltd
Chrysostomos has over 20 years experience in shipping and aviation industry.
Currently he is partner at Seven Capital Maritime Services Ltd an independent advisory firm which provides a comprehensive and broad range of financial and maritime support services to companies and institutions involved in the maritime industry through its expanded network around the world.
Prior to establishing Seven Capital, he worked with WEM Lines Group as Chief Financial Officer for 6 years (September 2010 - September 2016) and has been involved in several debt restructurings, new projects development & financing, private equity joint ventures, financial investments, market research / analyses as well as the daily financial and accounting operations of the Group.
Prior to joining WEM, Chris held the position of CFO with K2 SmartJets, a business jets owner / operator in Greece for three years. He also worked with great success as a Treasurer and Financial Analyst at Cardiff Marine Group (Dry Bulkers, Tankers & Offshore Rigs Owner/Operator) and Eletson Corporation (Product Carriers & LPG Vessels Owner/Operator) in Athens, where he gained almost seven years shipping and finance experience.
Chris has also over 8 years of experience in the aviation industry where he was involved in various activities such as S&P, N/Bs & Chartering. He was also involved in numerous corporate finance transactions including loans, leasing structures, private placements and M&A advisory work for a variety of projects such as airlines, seaplanes and flight simulators.
Chris has a financial background and holds a BSc in Economics from AUEB (Athens University of Economics & Business, Greece) and an MSc in Finance & Banking from University of Pireaus, Greece with the highest ranking among his graduating class.
√ Provide students the chance to realize the dynamic, challenging, highly sophisticated and competitive shipping environment for financial point of view
√ Examine all different ways of investment policies that are followed at different sectors of the shipping industry
√ Describe and analyse the most applicable ways of financing a shipping investment
√ Develop the ability of understanding the different ways of shipping developing strategies during the different stages of the shipping cycle from both the ship-owner’s side and the financial institutions
√ Develop the ability of students to apply financial and accounting tools in order to evaluate the profitability of an investment in the different shipping sectors
√ Enable students to recognize the most suitable way of financing to any special investment from the investor’s and financier’s point of view
√ Provide students the ability to suggest alternative ways of financing, support and present their opinion by various supporting arguments and documentation
√ Examine different ways of financing policies that are followed by different financial institutions of the shipping industry
√ Develop the students’ ability to suggest solutions that can support the most suitable way of financing shipping investments in order to be in accordance with the characteristics of each investor
√ Develop the students’ ability to understand thoroughly all current highly sophisticated financial products
√ Identify and control the exposure of financial risk
√ Assess the financial risk in the shipping industry
√ Provide students the chance to realize the dynamic, challenging, highly sophisticated and competitive shipping environment for financial point of view
√ Examine all different ways of investment policies that are followed at different sectors of the shipping industry
√ Describe and analyse the most applicable ways of financing a shipping investment
√ Develop the ability of understanding the different ways of shipping developing strategies during the different stages of the shipping cycle from both the ship-owner’s side and the financial institutions
√ Develop the ability of students to apply financial and accounting tools in order to evaluate the profitability of an investment in the different shipping sectors
√ Enable students to recognize the most suitable way of financing to any special investment from the investor’s and financier’s point of view
√ Provide students the ability to suggest alternative ways of financing, support and present their opinion by various supporting arguments and documentation
√ Examine different ways of financing policies that are followed by different financial institutions of the shipping industry
√ Develop the students’ ability to suggest solutions that can support the most suitable way of financing shipping investments in order to be in accordance with the characteristics of each investor
√ Develop the students’ ability to understand thoroughly all current highly sophisticated financial products
√ Identify and control the exposure of financial risk
√ Assess the financial risk in the shipping industry
At the end of the module the learner will be able to:
Demonstrate a systematic knowledge and a critical awareness of the investment process in the shipping industry
Apply and evaluate the major tools of finance and accounting in the evaluation of a company’s profitability as well as the success or not of an investment policy
Make sound judgments and communicate alternative ways of financing policy that a shipping company should follow in order to enhance its investment policy
Evaluate all current highly sophisticated financial products and their requirements
Develop personal effectiveness in terms of shipping financing and reflect constructively on their own learning experience for future decision-making skills
ASSESSMENT STRATEGY
Based on the Programme Specification, students are formally assessed through the submission of coursework. The forms of coursework depend on the characteristics of each module and may include the following types
of assessments: case study, essay, report, dissertation, market analysis,project output, valuation, etc.
In addition each module incorporates multiple self-assessment tests. Self-assessment tests are not part of the formal assessment but completion is strongly encouraged as students will be able to monitor and evaluate their learning process and identify areas requiring improvement.
FINAL AWARD
Certificate awarded by BCA accredited by IMAREST
As per university regulations
At the end of the module the learner will be able to:
Demonstrate a systematic knowledge and a critical awareness of the investment process in the shipping industry
Apply and evaluate the major tools of finance and accounting in the evaluation of a company’s profitability as well as the success or not of an investment policy
Make sound judgments and communicate alternative ways of financing policy that a shipping company should follow in order to enhance its investment policy
Evaluate all current highly sophisticated financial products and their requirements
Develop personal effectiveness in terms of shipping financing and reflect constructively on their own learning experience for future decision-making skills
ASSESSMENT STRATEGY
Based on the Programme Specification, students are formally assessed through the submission of coursework. The forms of coursework depend on the characteristics of each module and may include the following types
of assessments: case study, essay, report, dissertation, market analysis,project output, valuation, etc.
In addition each module incorporates multiple self-assessment tests. Self-assessment tests are not part of the formal assessment but completion is strongly encouraged as students will be able to monitor and evaluate their learning process and identify areas requiring improvement.
FINAL AWARD
Certificate awarded by BCA accredited by IMAREST
As per university regulations
FAQs
1
Assess the different stages of crafting, executing and reviewing a strategy.
2
Critically evaluate how these functions are applied in shipping.
3
Apply performance monitoring and management in the shipping context.
4
Evaluate Commercial Shipping Management Strategies.
Your tuition covers:
HD films per course, your own e-book, 24/7 support, professor video calls 3 times per month, extra webinars by Shipping industry titans
1
Good command of the English Language via IELTS, TOEFL or any other internationally approved English language certification.
2
Employer/Professor recommendation.