The author claims that the shipping industry will require additional capital of $78 billion from nontraditional sources in order to finance the replacement of the aging world fleet. He explains his view that a substantial part of these monies must come from the capital markets through shipping funds. These funds, in the future, will have to be large if they are to meet requirements such as access to newbuildings, the need for a diversified fleet and good market liquidity.

  • Availability:
  • Supplemental Notes:
    • Journal article
  • Authors:
    • Morel, G
  • Publication Date: 1989-10-12

Media Info

  • Pagination: 2 p.
  • Serial:
    • Fairplay
    • Volume: 308
    • Issue Number: No.5530
    • Publisher: Lloyd's Register-Fairplay
    • ISSN: 0307-0220

Subject/Index Terms

Filing Info

  • Accession Number: 00658462
  • Record Type: Publication
  • Source Agency: Maritime Technical Information Facility
  • Files: TRIS
  • Created Date: Jul 21 1994 12:00AM