The presentation intends to provide a brief and concise overview of recent developments and prospective trends on critical financial and risk management decisions for shipping companies.
The 2008 global financial crisis induced a prolonged and severe economic recession worldwide. This in turn led to a decline in trade transactions that resulted to freight revenue collapse for the vast majority of the shipping companies, under conditions of excessive dwt capacity and risk overexposure. As a result, shipping firms and financial institutions are in the process of resizing investment budgets and scrutinizing funding decisions, respectively. At the same time, modern instruments of shipping risk management are incorporated in order to contain exposure to adverse market conditions.
Basic Guidelines:
·Develop a theoretical and empirical understanding of critical shipping financial decisions
·Discuss key sources of fund raising in shipping and ‘cost of capital’
·Explain financial crises and implications for bank finance
·Analyze critical credit factors for banks to approve shipping loans
·Discuss important risk management tools in shipping - focus of FFAs
Dr. Theodore Syriopoulos is Professor of Finance at the Department of Shipping, Trade and Transport, School of Business Studies, University of the Aegean, Greece and Head of the Finance major.
Prof. Syriopoulos is also visiting Professor in a number of highly reputed international institutions, including Shanghai Maritime University, China; Newcastle University, School of Marine Science, UK; Audencia Nantes School of Management, France; Athens University of Economics and Business, Greece; International Hellenic University, Greece; and, Hellenic Open University, Greece.
Before joining the academia and for nearly two decades, Prof. Syriopoulos held top executive management posts in banking, investment, capital markets, corporate finance and consulting business.
Prof. Syriopoulos publishes regularly in accredited international financial journals as well as in edited volumes and books in topics of corporate finance, capital markets, banking, mergers & acquisitions and risk management decisions with a sectoral focus on shipping business. He has also extensive experience in research programs and executive education, as instructor, academic director and organizer of executive training programs, summer schools and distance learning education.
Prof. Syriopoulos is a member of international academic and professional bodies and associations including: European Finance Association; American Finance Association; European Financial Management Association; Multinational Finance Society; International Association of Maritime Economists; Hellenic Association of Maritime Economists; Hellenic Finance and Accounting Association; Hellenic Economic Chamber.
讲座摘要：
The presentation intends to provide a brief and concise overview of recent developments and prospective trends on critical financial and risk management decisions for shipping companies.
The 2008 global financial crisis induced a prolonged and severe economic recession worldwide. This in turn led to a decline in trade transactions that resulted to freight revenue collapse for the vast majority of the shipping companies, under conditions of excessive dwt capacity and risk overexposure. As a result, shipping firms and financial institutions are in the process of resizing investment budgets and scrutinizing funding decisions, respectively. At the same time, modern instruments of shipping risk management are incorporated in order to contain exposure to adverse market conditions.