Every company depends on sensible investments and a healthy cash flow to survive and thrive. The business of ship owning, operating and management is no different. Maritime professionals who want to excel in their careers need to have a basic understanding of how companies in this space raise, allocate and manage funds for shipping investments and operations.
The Singapore Shipping Association (SSA)’s new course helps individuals from both finance and non-finance backgrounds appreciate various financing structures and risks associated with maritime investments.
Throughout the course, participants delved into equity financing, examining various types of equity investors in the shipping sector and discussed the advantages and disadvantages of this financing approach. Moreover, the course offered a unique perspective on ship financing decisions by utilising real-world case studies to illustrate the factors influencing these decisions from the lender’s viewpoint.
Participants such as Mandy Liew from Iseaco Investment Pte Ltd found the course to be beneficial to her work, sharing that “The 2-day course refreshed my finance knowledge which I had ‘abandoned’ since my academic years. I do enjoy and highly appreciate the group discussions which promoted brainstorming and sharing opinions. Overall, I am looking forward to applying what I have learnt about maritime finance in my job to help my company allocate financial resources more efficiently. It would help in optimisation of capital investments, better cash flow management, and ultimately improves profitability.”
As the global shipping industry plays a vital role in international trade, understanding such financial principles plays a crucial role in facilitating the functioning of our industry by providing the necessary capital and financial tools to ensure the efficient movement of goods by sea.
If you are interested in future runs of this course, please visit https://www.ssa.org.sg/courses-calendar/ to be notified of upcoming training dates.