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Edited by two leading academics in this area, and with contributions from 25 prominent market practitioners and academics over 16 chapters, this Handbook covers shipping finance and banking, maritime financial management and investments. As such, it includes: shipping markets; asset backed finance; shipbuilding finance; debt finance; public and private equity and debt markets; structured finance; legal aspects and key clauses of ship mortgages; marine insurance; mechanisms for handling defaulted loans; investment appraisal and capital budgeting; financial analysis and investment modelling; business risk management and freight derivatives; and mergers and acquisitions. Thus, the Handbook offers a rigorous understanding of the different aspects of modern shipping finance and maritime financial management and investments, the various characteristics of the available products, the capital needs and requirements, and a clear view on the different financial management strategies through a series of practical examples and applications. Technical where appropriate, but grounded in market reality, this is a “must-have” reference for anyone involved in shipping finance, from bank practitioners and commodity trading houses, toshipbrokers, lawyers and insurance houses as well as to university students studying shipping finance.      Table of Contents  Preface by Editors  Manolis Kavussanos, Professor, Director, MSc in International Shipping, Finance and Management, Athens University of Economics and Business, Greece  Ilias Visvikis, Professor, Director Executive Education and Professional Development, World Maritime University, Sweden     Chapter 1: Shipping Markets and their Economic Drivers       Jan-Henrik Huebner, Head of Shipping Advisory, DNV GL, Germany     Chapter 2: Asset Risk Assessment, Analysis and Forecasting in Asset Backed Finance  Henriette Brent Petersen, Head of Shipping \u0026amp; Offshore Research, DVB Bank SE, The Netherlands     Chapter 3: Overview of Ship Finance         Fotis Giannakoulis, Research Vice President, Morgan Stanley, USA      Chapter 4: Shipbuilding Finance          Charles Cushing, C.R. Cushing \u0026amp; Co. Inc., USA     Chapter 5: Debt Financing in Shipping        George Paleokrassas, Partner, Watson, Farley \u0026amp; Williams, Greece     Chapter 6: Public Debt Markets for Shipping        Basil Karatzas, Founder \u0026amp; CEO, Karatzas Marine Advisors \u0026amp; Co., USA     Chapter 7: Public and Private Equity Markets       Jeffrey Pribor, Global Head, Maritime Investment Banking, Jefferies LLC, USA  Cecilie Lind, Associate Investment Banking, Jefferies LLC, USA     Chapter 8: Structured Finance in Shipping       Contributor: Ioannis Alexopoulos, Director, Shipping Financier, Eurofin Group, Greece  Nikos Stratis, Managing Director of Augustea Group, UK     Chapter 9: Key Clauses of a Shipping Loan Agreement      Kyriakos Spoullos, Solicitor, Norton Rose Fulbright, Greece       Chapter 10: Legal Aspects of Ship Mortgages        Simon Norton, Lecturer, Cardiff Business School, UK  Claudio Chistè, Investec Bank Plc., UK     Chapter 11: Reasons and Mechanics of Handling Defaulted Shipping Loans and Methods of Recovery   Dimitris Anagnostopoulos, Board Member \u0026amp; Director, Aegean Baltic Bank, Greece  Philippos Tsamanis, VP - Head of Shipping, Aegean Baltic Bank, Greece     Chapter 12: Marine Insurance         Marc Huybrechts, Professor, University of Antwerp, Belgium   Theodora Nikaki, Associate Professor, Swansea University, UK     Chapter 13: Maritime Investment Appraisal and Budgeting      Wolfgang Drobetz, Professor, University of Hamburg, Germany  Stefan Albertijn, CEO, HAMANT Beratungs-und Investitions GmbH, Germany  Max Johns, Managing Director, German Shipowners’ Association, Germany      Chapter 14: Financial Analysis and Modelling of Ship Investments     Lars Patterson, Shipping Investment Analyst, Pacomarine Limited, UK      Chapter 15: Maritime Business Risk Management       Manolis Kavussanos, Professor, Director, MSc in International Shipping, Finance and Management, Athens University of Economics and Business, Greece  Ilias Visvikis, Professor, Director Executive Education and Professional Development, World Maritime University, Sweden     Chapter 16: Mergers and Acquisitions in Shipping       George Alexandridis, Associate Professor, ICMA Centre, University of Reading, UK   Manish Singh, Manish Singh, Group Director - Strategy and M\u0026amp;A, V. 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