Gain an overview of the fundamentals of the dry bulk, tanker, gas and container markets by taking the Baltic Academy's online Shipping Economics & Investment course, which covers everything from how shipping companies work to cash flow projection to asset allocation.

Our first live webinar starts 26 June and looks at the economics of the shipping markets.

 

Course content includes:

•             Introduction to shipping industry – world fleet, bulk commodity trades, regulation.

•             Economic analysis of markets – freight, newbuilds, S&P and demolition.

•             Shipping costs and revenue management – charter contracts, voyage rates, cash flow analysis.

•             Liner & container shipping – alliances, routes, rates.

•             Gas & chemical shipping – overview of LNG, LPG and chemical markets.

•             Ship finance – sources of capital, equity vs debt.

•             Cash flow projection & analysis.

•             Project appraisal & investment decision – time value of money, Present Value & Future Value, compounding, profitability, payback, internal rate of return.

•             Risk, return & portfolio theory – how to measure, comparison of risks, combining assets into portfolio.

•             Cost of capital & optimal capital structure – weighted average capital cost, measuring equity cost, discount rates, debt policy & tax shield.

•             Investment under uncertainty – scenario & sensitivity analysis, understanding Real Options, Baltic Investor Indices.

•             Investment strategies & management – theories of asset allocations, ship valuation, implied forward values, investment timing, Momentum v Contrarian investment.

•             Investing in shipping stocks – selection and trading strategies.

 

Baltic member firm employee price: £629 + vat. Full price: £899 + vat

Email academy@balticexchange.com to book your place.