Financing shipping related investment projects has always been a focal area of debate and
research within the international maritime industry since access to funding can determine …

Debt capital has traditionally been the most important source of external finance in the
shipping industry. The access that shipping companies nowadays have to the capital …

This paper proposes a credit scoring model for the empirical assessment of default risk
drivers of shipping bank loans. A unique dataset, consisting of the credit portfolio of a ship …

This paper elaborates the use of project bonds and a credit default swap (CDS) in
infrastructure financing under public-private partnerships (PPPs). First, a structural model is …

The crucial role of the container liner industry in international trade suggests that
understanding why container liner firms go bankrupt is vital to the stability, sustainability, and …

Using a system of equations model, we analyze how cash flow shocks influence the
investment and financing decisions of shipping firms in different economic environments …

Corporate financial distress (FD) prediction models are of great importance to all
stakeholders, including regulators and banks, who rely on acceptable estimates of default …

In this study, we use a sample of 192 listed shipping companies and employ a logit model in
order to investigate the determinants of the probability of default. We enhance our analysis …

This paper reproduces the performance of an international market capitalization shipping
stock index and two physical shipping indexes by investing only in US stock portfolios. The …

Credit risk is a major issue for lenders and borrowers, threatening the reliability of global
logistics operations. Enhanced mechanisms of credit risk analysis are needed to safeguard …