A Modest Proposal: Creating an International Shipping Finance Exchange

by Danny D. B. Ho, IMC Holdings Limited

The Different Perspectives of Owners and Bankers
Today, bank loans are by far the most important form of shipping finance, providing for about 70% of the total financing needs of the shipping industry. Competition among banks is extremely keen as the number of banks involved in international shiplending continues to register significant increases. The number in 1996 is estimated to

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