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What is Shipping Finance?

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Question added by Praveen Kumar.B.L , Regional Manager , Kerala State Woman"s Development Corporation
Date Posted: 2016/08/03
SHAHZAD Yaqoob
by SHAHZAD Yaqoob , SENIOR ACCOUNTANT , ABDULLAH H AL SHUWAYER

Buying and operating ships is incredibly expensive. Shipowners therefore need financing. Banks provide shipowners said financing through their shipping finance division

 

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