Matching Financial Structure to Credit

World trade volume has grown 6.8% per year since 1988. Key areas of growth include steel and coal, LNG and grains. Also, product tankers are enjoying the effects of the US Clean Air Act, which drives refined products demand offshore.

The preceding remarks from Dr. Hans Peters, principal maritime specialist of the World Bank, at the sixth annual Ship Finance conference in New York June 22-23, were encouraging for the shipping industry. But what do they mean for ship finance?

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