News Center Policy and Regulatioin
Hot Keywords
Ship Financing Term Sheet Approved
Views(4971)
Source:BIMCO

International shipping association BIMCO's Documentary Committee approved the use of a standard term sheet in ship financing transactions on Nov. 17, 2016.  It has been developed by a subcommittee consisting of representatives from five banks, five shipping companies and three law firms.

BIMCO thinks that A BIMCO standard will serve as an important tool for shipowners, banks and lawyers when they draw up term sheets in the process of ship financing transactions. It is said to be particularly useful for small- and medium- sized companies with not so much experience in such transactions.

The term sheet will be published in early 2017.

< Back to News Center< Policy and Regulatioin
Latest Ship News
Hottest Ships
Ship Type
Class
Built Year
Built Place
Trail Suction Hopper Dredger
ZC
2006 Built
China
High Speed Passenger Ship
ZC
2003 Built
China
Container
ZC
2000 Built
China
Bulk Carrier
BV
2012 Built
China
Trail Suction Hopper Dredger
CCS
2013 Built
China
Home About Us Contact Us Help Center Advertising

Copyright © 2006-2017 沪ICP备17049160号 Eshiptrading.com All Rights Reserved