Shipping Market Financing: Special Features and the Impact of Basel III

Evangelos Sambracos or Samprakos () and Marina Maniati

MPRA Paper from University Library of Munich, Germany

Abstract: Shipping sector constitutes a sector with special characteristics that considerably differentiate it from the other sub-sectors of international transport. The maximisation of benefits for each one of the special market characteristics form a highly dynamic environment, with high risk of loss of invested capital. Within this framework, commercial banks, being the main source of financing shipping market, which is characterised by high capital and operating costs, have to take into account various variables in order to minimise the risk and maximise the return. The last is of particular importance considering the recent regulatory framework for banks applied by the Basel III, which has been elaborated on the grounds of inappropriateness of Basel II.

Keywords: Finance; Shipping Market; Basel; Risks (search for similar items in EconPapers)
JEL-codes: E32 G15 G32 R40 (search for similar items in EconPapers)
Date: 2013-10-01
New Economics Papers: this item is included in nep-ban, nep-cba, nep-mac, nep-rmg and nep-tre
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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